Net Worth: $40 Million
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ToggleWhat Is Lizzo’s Net Worth?
Lizzo’s net worth has grown to an estimated $40 million in a very short period. It wasn’t until 2019 that Lizzo found fame with the release of her studio album, “Cuz I Love You.” That album introduced Lizzo to millions of new fans thanks to several singles, specifically, “Juice,” “Tempo,” and “Truth Hurts.”
While it may appear as if Lizzo’s career came out of nowhere, she actually spent years chasing her dream and even worked with the iconic musician Prince. Lizzo debuted her first studio album in 2013, titled “Lizzobangers” It received critical praise but failed to fully launch her career. The following year she worked with Prince at his Paisley Park studio and one year later she was featured in Prince’s “Plectrumelectrum.”
Lizzo quickly took her fame to the next level by also stepping into the acting arena with the movies “Hustlers” and “UglyDolls.” That time in front of the screen led the Flutist, singer/songwriter to an Emmy win for hosting the reality competition show “Lizzo’s Watch Out for the Big Grrrls.”
Let’s take a quick deep dive into Lizzo’s net worth by examining her music releases, tour revenues, and time as an actor.
Lizzo’s Albums Have Sold Like Crazy
Lizzo has released four studio albums along with some extended plays (EP) and mixtapes. In 2023 the Recording Industry Association of America (RIAA) revealed that Lizzo had earned 20.5 million certified digital album sales.
While Lizzo would only receive a small percentage of those sales, typically 5% to 10% in total, it should still mean a seven-figure paycheck for the singer.
She’s Also Huge On Streaming
Lizzo’s songs are very popular on Spotify where they have be streamed more than 5.5 billion times.
Based on industry estimates, one billion streams on Spotify earn a label between $3 million and $5 million.
Here are Lizzo’s streaming numbers as of January 2, 2024, according to KWORB:
Total | As lead | Solo | As feature (*) | |
---|---|---|---|---|
Streams | 5,550,375,114 | 5,399,283,331 | 4,399,480,474 | 151,091,783 |
Daily | 1,553,290 | 1,523,269 | 1,311,616 | 30,021 |
Tracks | 95 | 84 | 61 | 11 |
Conservatively, Lizzo’s music has earned between $16.5 million and $27.5 million on Spotify.
Lizzo Has Over 1 Billion YouTube Plays
The Lizzo music channel on YouTube has just over 3 million subscribers and she’s earned just over 1.17 billion YouTube streams as of January 2, 2024.
If you assume a $2 to $3 RPM (revenue per 1,000 views), Lizzo’s YouTube channel has likely earned in the vicinity of $2 million to $3.2 million.
Throw in streaming totals from Apple Music, Amazon Music, Tidal, Pandora, and other platforms, and Lizzo’s music has likely earned millions more in revenue.
Lizzo’s Tours Are Earning Her Millions
When “Cuz I Love You” dropped in 2019 there was a flood of support for Lizzo and her music. The singer/songwriter quickly sold 250,000 tickets to her shows. The tour earned $10.8 million in gross revenue.
Lizzo followed up her first tour with the “Special” tour. That tour grossed $66.5 million. The “Special” tour sold 833,879 tickets during 68 shows. Based on those numbers, Lizzo earned $1,230,564 per concert and sold 12,263 tickets per concert at an average cost of $100.35 per ticket.
Lizzo also started the Big Grrrl Big Touring, Inc. production house which handles merchandise sales for the singer’s tours. Merchandise sales are hugely profitable for singers who bring in the number of fans that Lizzo has attracted, likely earning her even more on the backend of her tours.
Lizzo Quickly Landed Some Big Brand Endorsement Deals
Lizzo has become an ambassador or produce endorser for some of the country’s biggest brands.
Salary info has not been revealed for Lizzo’s brand endorsement deals but she’s worked with Dove, Urban Decay, Absolut Vodka, Google Pixel 6, Logitech, and Quay, among others.
Here’s a commercial Lizzo completed for grocery delivery service Instacart.
We’re willing to bet that the sheer number of product and ambassador deals Lizzo has signed has increased her net worth by millions.
Lizzo’s Net Worth Is Also Tied To Her Yitty Athleisure Clothing Line
Many celebrities these days use their massive social media followings and personal brands to launch successful beauty, clothing, and liquor lines. Lizzo chose to focus on Yitty, a shapewear line for larger active women.
The Business of Fashion was quick to reveal that the athleisure lineup which is a partnership with Fabletics, sold over $1 million in sales on its launch day.
While official 2023 sales numbers have not yet been released, the clothing line was expected to do $100 million in sales throughout the full fiscal year.
Lizzo Launched A Successful Reality Dance Competition
In 2020, Lizzo signed a first-look deal with Amazon for a reality TV show hosted by the famous singer. The results are the reality TV show, “Watch Out for the Big Grrrls.” The Emmy-winning series follows Lizzo as she searches for backup dancers.
Despite three former backup dancers filing a lawsuit against Lizzo and accusing her and the rest of the singer’s team of weight shaming and sexual harassment and filing a lawsuit in August 2023, Amazon plans to go ahead with season 2 of the series to debut in 2024.
This month, three former backup dancers filed a lawsuit against Lizzo and her team, accusing them of weight shaming and sexual harassment.
While her salary for the reality TV series has not be revealed, her Emmy win and a second season will likely be lucrative for the flutist.
She Owns Some Very Nice Real Estate
Lizza has purchased several very nice homes. In 2020 the singer purchased a $26 million home in the Echo Park area of Los Angeles. You can get a peak at this home in the above-posted Vogue interview.
Then in 2022, she bought a house in Beverly Hills for $15 million according to Los Angeles Magazine. Her second big home purchase was a house previously owned by One Direction singer Harry Styles. The $15 million home includes three bedrooms, three bathrooms, and a master suite that is reportedly 1,000 square feet with a floor-to-ceiling marble slab wall.
Lizzo’s net worth of $40 million is impressive given how long she’s been in the public spotlight. It’s hard to tell where she’s going next. Following her controversy, album sales for the singer quickly cooled.