You know, when you look at the true net worth of the wealthy online, especially artists, you tend to find that they didn’t really make all that much of their fortune through their art. Whether it’s singers, painters or actors in the vast majority, their salary only plays a minor role in their income. The wealthiest artists of our time bought their mansions with investment money, or branding money. Don’t get me wrong, they still sell an awful lot of records, and are all supremely talented in their chosen genre, it’s just a little surprising to me that their earnings come from all sorts of places.
The Top 10 Richest Female Singers – 2018 True Net Worth List
So let’s take a look at the top ten richest female singers, and find out where they made their money.
#10 – Nana Mouskouri Net Worth 2018 – $280 Million
Have you ever heard of Nana Mouskouri? No? Neither had I until today. I’ve made a point of actually listening to the music of each of the women on this list and I have to say, she’s not bad. A little pedestrian for me, but she has a fine voice. The Greek born singer has a true net worth of $280 million. She had made a name for herself in the pop world of the sixties on-wards. Recording in a wide variety of genres, and languages, the singer is one of the few on this list who seems to have made most of her money exclusively via her singing. Now, she does own property all over the world, and is currently residing in a lavish mansion in Cologny, Switzerland, but she is also one of the top-selling artists of all time. So diversification wasn’t really an issue for her.
#9 – Jennifer Lopez Net Worth 2018 – $300 Million
Now everyone knows “Jenny from the block”. Her true net worth is sitting at $300 million. Here’s where we see the benefits of diversification. She did not make the majority of her money from her singing career. Her high-profile appearance as a Judge on “American Idol” netted her a multi-million dollar salary. Coupled with the earnings from her film career, her recent starring role on TV show “Shades of Blue”, countless clothing, fragrance and accessory lines, and a few savvy investments, all add up to an income that cannot be sneezed at. She recently listed her three acre luxury mansion as for sale, so if you have $14.5 million handy you know who to call. She currently lives in a penthouse apartment in New York.
#8 – Cher Net Worth 2018 – $320 Million
It’s Cher, stupid! She’s a damn Oscar winner with a net worth of $320 million. Her annual salary hits $28 million and she currently splits her time between her Malibu mansion, worth $45 million, and a small beach house in Venice, worth $1.8 million. She is one of the best-selling artists of all time, from her early days as one half of Sonny & Cher to her massively successful career as a solo artist. She churned out pop ballad after pop ballad, and even veered into Rock & Roll with a high-profile 1981 collaboration with Meatloaf. She has also earned quite a bit of cash appearing in a number of high grossing films from the 1980’s until present.
#7 – Barbra Streisand Net Worth 2018 – $340 Million
The mother of the contemporary pop diva. The girl for whom it is all about. Barbra Joan Streisand’s true net worth sits at $340 million. The woman has been parodied so many times that I can’t look at her picture without laughing. She first hit the big time as a teenager, singing in nightclubs and making guest appearances on “The Tonight Show”. After a successful turn on Broadway with “Funny Girl” she made a transition into film. The income earned through her various albums and films, coupled with her work as a director and producer has gained her quite the fortune. She currently lives in a beautiful mansion in Malibu, but don’t take a picture of it or she’ll sick her lawyers on you.
#6 – Shania Twain Net Worth 2018 – $350 Million
That pop country star from Ontario Canada has a true net worth of $350 million, but that don’t impress me much. See! Doesn’t feel too nice to hear that does it Shania? Anyway, now that I’ve worked out some issues there back to the actual bio. She’s another one with a fortune mostly amassed through her music. She rose to fame in the mid-nineties and became one of the biggest country stars in the world. Her tours are routinely sold out, and high earners, and for some reason her albums still sell remarkably well. Does my disdain for her come across too strong? I always preferred Dolly Parton I guess.
#5 – Dolly Parton Net Worth 2018 – $500 Million
Speak of the devil, eh? The pipes on this woman, good lord. She started from nothing, wrote most of her own music and consistently put out good records for years. Dolly’s true net worth sits at $500 million. The Queen of asset diversification, she made her money in not only music, but films, books, clothing and of course her own theme park. Dollywood. What a weird thing to have, when you think about it. I mean most theme parks are based on a number of properties, Disneyland etc, but Dollywood is sold as being based on one country singer. Regardless, she is also owns a wide variety of property all over the country and recently listed an oddly cluttered mess of a property in west Hollywood for sale.
#5 – Gloria Estefan Net Worth 2018 – $500 Million
Gloria was another one I’d never heard of. Her true net worth is $500 million, tying with Dolly. She made her wealth through her music, first in a group then as a solo artist. The Cuban born artist is one of the most popular Spanish language singers in the world, her music is very good, though I would consider her voice to lack punch. Pleasant to listen to, but it doesn’t move me. She has had a successful career as an entrepreneur, earning income off of several Cuban themed restaurants on the west coast, she also has a minor stake in the Miami Dolphins. Her other ventures include books, fashion and perfumes.
#3 – Mariah Carey Net Worth 2018 – $520 Million
You know, I really thought I liked Mariah Carey’s music. All I want for Christmas is a wonderfully sung song. But the rest of her back catalog seems to lack the soaring highs of that track. Maybe I’m not listening to the right songs, leave a comment and tell me what I should be listening to. Anyway, Mariah Carey’s true net worth sits at $520 million. This fortune was amassed not only through her singing career, but she too had a run as a judge on American Idol, with a salary of around $18 million dollars. She is currently headlining Caesar’s Palace in Las Vegas for an undisclosed sum, though no doubt it is equally ridiculous.
#2 – Celine Dion Net Worth 2018 – $630 Million
The Québécois Diva herself. Making a name for herself in the eighties in Europe and Japan before hitting big in the States with her début English album Unison. She has a true net worth of $630 million. Her music career has spanned the decades and earned her the vast majority of her fortune. Though she has diversified into other business ventures. She founded the Nickels fast food chain, though divested herself of her stock in the late nineties. She owns Les Productions Feeling Inc., a Quebec based agency for French-speaking singers. She also owns a golf club, a restaurant and a night club. Her years long booking in Las Vegas was another big source of income.
#1 – Madonna Net Worth 2018 – $1 Billion
Singer, actress, songwriter and entrepreneur Madonna has done it all. And it has paid dividends. Her true net worth is a whopping $1 Billion, this makes her not only the richest female singer in the world, but the richest of all singers, regardless of gender. She is known for her reinvention on the stage and a genre spanning back catalog of music. Beginning in the 1980’s and remaining popular to this day. Her business ventures outside of music include a wide variety of branded merchandise, clothes, books, makeup, fragrances, you name it she sells it. She owns a chain of fitness stores, Hard Candy Fitness, founded an entertainment company, Maverick, and has made appearances in film and television. Madonna has leveraged a successful singing career into a multimedia empire that spans the globe.
So there we have it. The top ten richest female singers in the world. Allow me to point it out again, it seems to me that once you make a million dollars it’s surprisingly easy to make two, three, four and so much more. Money makes money. These stars could sit back and live off interest payments for the rest of their lives, hell I wouldn’t be surprised if that formed the bottom line for a few of them. And for each of them all it took was a little talent and that spark of luck that propels the talented forward, that seldom acknowledged serendipitous little moment in their lives that made them famous.
Let it not be said that they didn’t work hard, but their financial advisers had to have worked pretty hard too.