Net Worth: $300 Million
Shakira’s net worth is estimated to be around $300 million. The Colombian-born international pop star has sold more than 125 million albums and singles worldwide, making her one of the most successful singers of all time.
Shakira’s long career has provided her with numerous awards, including three Grammy Awards, thirteen Latin Grammys, four MTV Video Music Awards, seven Billboard Music Awards, and many other accolades.
Born in Colombia, it wasn’t until 2001 that Shakira released her first English-speaking album, and the fifth album of her career. That album, “Laundry Service” was an international smash hit, selling more than 20 million copies and producing such hits as “Whenever, Wherever” and “Underneath Your Clothes.”
In recent years Shakira has run into trouble for dodging her taxes and she was recently ordered to pay $15.8 million in taxes to the Spanish government for six counts of failing to pay her taxes between 2012 and 2014.
While she may be out nearly $16 million in unpaid taxes and $7.96 million in court-issued penalties, Shakira’s net worth of $300 million means only a fraction of her wealth is being handed over to the tax man. Let’s check out how Shakira has earned her massive fortune over the last several decades in the business.
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ToggleShakira Earned $12 Million Per Season On ‘The Voice’
Shakira appeared as a coach on two seasons of the hit NBC singing competition “The Voice,” and for her efforts, she earned $12 million per season.
According to Complex, during her first season in 2013, Usher also agreed to judge the season’s contestants for a much lower but still impressive $7 million.
The big payday on “The Voice” showcases the massive stardom that Shakira commands; even more than a decade later, she still stands as one of the highest-paid non-regular appearing judges in the show’s history.
Shakira Has Earned More Than $100 Million Touring
Shakira’s first big tour occurred from 1995 to 1997. The Colombian singer played 60 shows in South America, North America, and Europe in support of her album “Pies Descalzos.”
Five years later, Shakira’s Tour Anfibia ran for just three month and the singer performed 21 shows with a gross revenue of $6,000,000.
As Shakira’s career continued to move forward, her tours also became more popular, and she toured for longer periods of time. By 2006 she was selling out concerts all over the world, and her “Oral Fixation World Tour” brought in more than $100 million.
Here are the major tours Shakira has embarked on and the revenue they have earned to combine for just over $300 million in gross revenue.
Title | Date | Associated album(s) | Shows | Gross |
---|---|---|---|---|
Pies Descalzos Tour | November 30, 1995 – October 9, 1997 | Pies Descalzos | 60 | $15,000,000 |
Tour Anfibio | March 21, 2000 – May 13, 2000 | ¿Dónde Están los Ladrones? | 21 | $6,000,000 |
Tour of the Mongoose | November 8, 2002 – May 11, 2003 | Laundry Service | 61 | $40,700,000 |
Oral Fixation World Tour | June 14, 2006 – December 23, 2007 | Fijación Oral Vol. 1Oral Fixation Vol. 2 | 119 | $107,000,000 |
The Sun Comes Out World Tour | September 15, 2010 – October 15, 2011 | She WolfSale el Sol | 107 | $60,100,000 |
El Dorado World Tour | June 3, 2018 – November 3, 2018 | El Dorado | 54 | $75,000,000 |
Totals | 422 | $303,800,000 |
Shakira’s net worth has grown by $100 million from ticket sales and merchandise, according to Business Insider.
Much of her earned revenue has likely come from a deal Shakira signed with Live Nation in 2008. The 10-year contract was estimated by Rolling Stone to be worth between $70 million and $100 million. shark
Shakira’s Album Sales And Singles Have Earned Her Millions
Shakira has sold 95 million full albums and tens of millions of singles during her career.
When we look at the likely earnings from album sales and singles by artists, we conservatively assume that a singer-songwriter earns about 10% of the profits from the sales of their albums. We also conservatively estimated that physical albums were sold at an average price of $13 per album.
Based on those numbers, we can conservatively estimate that Shakira has earned close to $100 million for her physical album sales and digital singles. That number, of course, doesn’t include any management fees and other overhead.
Shakira Has Also Earned Big From Spotify
As a featured singer, Shakira’s songs have received over 13.9 billion streams as of November 30, 2023.
Since we always conservative with our numbers, we’ve cut that number in half. Since Shakira sold her catalog rights in 2021, it would be Hipgnonsis collecting any revenue from her streams since that time.
Still, if we estimate seven billion streams and we use a conservative price point of $3 million to $5 million earned per every one billion streams, it’s likely that before she sold her catalog, Shakira earned somewhere between $21 million and $35 million just from Spotify.
Throw in Apple Music, Tidal, Pandora, YouTube, and other streaming platforms, and it’s likely Shakira has earned well over $50 million from the streaming of the very same albums and singles she managed to sell more than 125 million times.
Shakira’s Endorsement Deals Include Some Huge Brands
Shakira has likely earned millions of dollars from various brand endorsements that have occurred over the last several decades.
Among the superstar singer’s top brand endorsements are Pepsi, Oral-B, T-Mobile, CoverGirl, Emporio Armani, and Puma.
Based on Shakira’s $12 million deal with “The Voice” and her popularity at the time of many deals she signed, it’s likely she was earning at least $1 million per endorsement, and potentially far more.
Shakira Sold Her Music Catalog To Hipgnosis In 2021
Shakira’s net worth in 2021 likely increased substantially after she sold the publishing rights for her catalog of 145 songs to London-based firm Hipgnosis.
The terms of the sale were not publicly disclosed; however, previous and recent Hipgnosis sales for similar catalogs have reached tens and even hundreds of millions of dollars.
To give you an idea of how lucrative selling a music catalog can be, In May 2021, Hipgnosis acquired the song catalog of the Red Hot Chili Peppers for a reported $140-$150 million.
Shakira’s net worth of $300 million is likely to take another hit as she prepares for another tax evasion trial. Still, she continues to be a fixture in the world of music almost thirty years after she entered the music business.