It’s not a surprise that Shakira has a large net worth, given how famous she is in Latin America, the U.S., and other places. She is the second-richest Latina pop singer of all time, after Gloria Estefan.
She is known for belly dancing and singing and dancing. Shakira has been making albums in both Spanish and English and playing all over the world since she put out her first record when she was 13.
During her more than 40-year career, she helped bring Latin pop music to the masses in the United States. This made it possible for current superstars like Karol G and Bad Bunny to become huge hits. How much does Shakira make?
Shakira Net Worth 2024
Pop star Shakira, who was born in Colombia, has a net worth of $300 million. Shakira sings, writes songs, produces music, belly dances, and helps people.
There are more than 125 million albums and singles that she has sold around the world. This makes her one of the most famous female singers of all time.
She has had more hits than any other Latina singer, only Gloria Estefan has had more. She is the most popular Colombian singer of all time.
Shakira is a star on the Hollywood Walk of Fame and has won over thirty-nine Billboard Latin Music Awards, three Grammy Awards, and thirteen Latin Grammy Awards for her work.
She has also won four MTV Video Music Awards and seven Billboard Music Awards. Billboard named her the Best Female Latin Artist of the Decade in 2009.
She has more than two billion views on two YouTube videos, making her one of only three female acts with two videos that have more than two billion views.
Shakira’s fifth record, and the first one in English, came out in 2001. “Laundry Service” sold 20 million copies and was the first international number-one hit for “Whenever, Wherever” and “Underneath Your Clothes.”
The Recording Industry Association of America certified her next several records as gold, platinum, multi-platinum, or diamond. They were released in both Spanish and English and went straight to the top of the album charts.
How Does Shakira make money?
Shakira gets most of her money from music, music sales, and concerts since singing is her main job.
Music: Over the years, Shakira has made a lot of popular songs and music videos. The hit songs “Waka Waka (It’s Time For Africa),” “Chantaje,” and “Loca” she has created have made her a lot of money. Waka Waka had sold more than 10 million copies around the world by 2024.
Being able to watch Shakira’s music on apps like Spotify and Apple Music has also helped her make more money. Furthermore, she was a judge and teacher on the singing competition show and was said to have made $12 million per season.
Sale of music: Shakira has sold more than 100 million songs all over the world. Over 10 million versions of her songs “Hips Don’t Lie” and “Waka Waka (It’s Time For Africa)” were sold around the world, which made her a lot of money.
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She gave Hipgnosis Songs Fund the publishing rights to about 145 of her songs in 2021. The exact amount of money that was sold and the terms of the deal are unknown, but it was thought to be $100 million.
Live music: In addition to singing in concerts, Shakira has also made money. She has done shows and tours for several different albums. Some of these tours, like the El Dorado World Tour, the Oral Fixation World Tour, and the Tour of the Mongoose, have helped her make a lot of money. Her most recent show, the El Dorado World Tour in 2019, brought in more than $1 million.
For additional celebrity insights and updates, browse our earlier posts where we have thoroughly covered all aspects.
Shakira’s Sources of Income
Here is a summary of Shakira’s main sources of income and net worth:
Music Earnings
Shakira’s wealth predominantly comes from her music, both recording and performing: She has sold over 100 million records worldwide over her 40+ year career. Her best-selling album “Laundry Service” sold over 13 million copies globally.
She signed a $30 million 3-album deal with Live Nation and Sony in 2012. She earns a high percentage of royalties as she writes or co-writes most of her songs.
Shakira’s concert tours have also been hugely lucrative: Between 2000-2020, she sold over 2.7 million tickets across 190 shows, grossing over $189 million. Her 2018 “El Dorado World Tour” grossed around $76.5 million. A single 2003 show in Mexico City generated over $4 million.
Other Income Sources
Shakira has earned millions from TV appearances, including as a coach on “The Voice” and “Dancing With Myself”. She has lucrative endorsement deals with brands like Pepsi, Crest, and Oral-B.
In 2021, she sold the publishing rights to her music catalog to Hipgnosis Songs Fund, likely for a substantial amount, though the exact figure is unknown. Her role in voicing a character in the hit Disney film “Zootopia” also likely generated significant income, though the exact amount is unclear.
In summary, Shakira’s immense wealth is primarily derived from her hugely successful music career over the past four decades, including record sales, concert tours, and lucrative business deals.
Her net worth of $300-400 million solidifies her status as one of the wealthiest and most influential Latin pop stars of all time.
Shakira Expenditures
Shakira’s Lavish Lifestyle and Expenditures
Despite her substantial net worth and income, Shakira spends a significant amount on maintaining a lavish lifestyle:
Annual expenditures reach approximately $5 million, underscoring her inclination towards a luxurious lifestyle.She owns properties in diverse locales, spanning from Barcelona to Los Angeles, which serve as both personal abodes and investments.
Shakira boasts an impressive array of luxury vehicles, featuring esteemed brands like Mercedes Maybach, Porsche, Jaguar, Audi, and Bentley.
Legal Fees and Tax Evasion Charges
In recent years, Shakira has spent a considerable amount on legal fees due to tax evasion charges in Spain:
In November 2023, she made a last-minute deal to avoid a tax fraud trial, agreeing to pay a €7.3 million fine and accept a three-year suspended prison sentence.
In September 2023, Spain charged her with tax evasion for a second time, alleging she failed to pay €6.7 million in taxes on her 2018 income by using an “offshore company based in a tax haven“.
Philanthropy and Charity
While the search results do not provide specific details on Shakira’s philanthropic efforts, many successful artists often dedicate a portion of their wealth to charitable causes. However, the information available does not indicate how much Shakira spends on philanthropy compared to her other expenditures.
In summary, Shakira’s expenditures reflect her lavish lifestyle, with millions spent annually on properties, luxury vehicles, and legal fees related to tax evasion charges in Spain.
However, the exact breakdown of her spending and the amount dedicated to philanthropy are not specified in the provided search results.
Shakira Cars, Houses
Shakira has a diverse and impressive collection of cars and houses, reflecting her luxurious lifestyle and her global presence:
Cars
- Lamborghini Urus: Shakira owns a custom matte purple Lamborghini Urus, which is valued at around $260,000. The car features custom neon lime-green-and-white seats and a matching steering wheel, with a top speed of 192mph.
- Toyota Sienna: Despite her reputation for luxury, Shakira has revealed that she drives a Toyota Sienna, which she describes as a “total soccer mom car“.
Houses
- Miami Mansion: Shakira’s Miami mansion is located on North Bay Road and spans over 8,000 square feet. The property includes two-car garages, new hardwood from Spain, custom-designed furniture, and marvelous landscaping. It features eight bathrooms, six bedrooms, a fitness room, an avant-garde entertainment wing, and a pool table. The house is currently listed for $15.9 million.
- Barcelona Home: Shakira and her former partner, Gerard Piqué, shared a home in the Pedralbes neighborhood of Barcelona. This property is part of her extensive real estate portfolio.
- Uruguay Farm: Shakira owns a romantic farm in Uruguay, which is part of her diverse property holdings.
- Private Island: She also owns a private island, which is part of her efforts to “reinvent tourism“.
Shakira’s extensive property portfolio and car collection reflect her high net worth and her commitment to living a luxurious lifestyle.
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