Reports say that singer Mariah Carey has a net worth of $350 million, according to Celebrity Net Worth. Carey earns an average of $2.5 million annually from the royalties of her famous Christmas song from 1994, according to a study by The Economist in 2016. In 2022, the song generated about $8.5 million in global revenue and royalties, according to Billboard. Carey earns millions of dollars over the years thanks to her successful music career, tours, and advertising contracts.
Musical Career
Carey has made millions from her successful music career in which she has won five Grammy Awards. Carey is considered one of the best-selling female artists of all time, having sold over 200 million albums throughout her career and achieved 19 number-one songs on the Billboard Hot 100. The singer ranks tenth globally on the daily Spotify chart, with approximately 73.4 million monthly listeners.
The song “All I Want For Christmas Is You” achieved three Guinness World Records in 2019, including the title of the most-streamed song on Spotify in 24 hours by a female artist. It was streamed more than 10.8 million times in a single day in December 2018. It managed to break the record again in 2022 with 21.3 million streams.
Mariah earned $30 million during her two-year residency at Caesars Palace in Las Vegas from 2015 to 2017. In 2012, she also earned $18 million as a judge for one season of “American Idol,” making her the highest-paid judge on the music competition show at that time, according to Us Weekly.
Endorsements
Carey has also earned millions from promoting major brands. In November 2019, reports say that the famous singer received $11 million from PepsiCo for appearing in a Christmas advertisement. In 2022, Carey launched two collections of luxury jewelry in collaboration with Chopard.
In addition to her musical talent, Carey also works as a writer. The singer released her autobiography “The Meaning of Mariah Carey” in September 2020, which became the number one book on The New York Times Best Sellers list after one month. She also has two children’s books, All I Want For Christmas Is You and The Christmas Princess.
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Article source: Billboard. “How Much Does Mariah Carey Make From ‘All I Want for Christmas Is You’?”. Forbes. “‘All I Want for Christmas Earns Mariah Carey A Yearly Holiday Bonus of $2.5 Million.”. The Economist. “The Music Industry Should Be Dreaming of a White Christmas.” (subscription required). Associated Press. “Why Mariah Carey’s ‘All I Want For Christmas Is You’ Became So Popular—And Stayed That Way.”. Billboard. “Mariah Carey Celebrates ‘All I Want for Christmas Is You’ Hitting 1 Billion Streams on Spotify.”. Celebrity Net Worth. “Mariah Carey Net Worth.”. Guinness Book of World Records. “Most Streamed Track on Spotify in 24 Hours (Female).”. Us Weekly. “Mariah Carey To Earn $18 Million on American Idol.”. Delish. “PepsiCo Reportedly Paid Mariah Carey $11 Million to Star In a Christmas Chip Commercial.”. Vogue. “Mariah Carey Talks Her New Chopard Collab and Butterfly’s 25th Anniversary.”
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