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Shakira net worth in 2024: How Shakira made $300 million?
Recently facing tax fraud allegations, Shakira net worth has become a subject of curiosity. For over two decades, the Colombian singer has captivated audiences with her unique voice and dance moves. She is well-known for embracing her multicultural background while incorporating various influences into her music.
Shakira Isabel Mebarak Ripoll is a well-known singer and songwriter. The international superstar since the 90’s, the well-respected musician has amassed millions thanks to her prominence. As of date, Shakira has a multimillion empire to her name which includes over 100 million song sales and successful business ventures. So, what is Shakira net worth?
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Shakira net worth profile summary
| Name | Shakira Isabel Mebarak Ripoll |
| Date of birth | 2nd February 1977 |
| Place of birth | Barranquilla, Columbia |
| Parents | Nidia Ripoll Torrado, William Mebarak Chadid |
| Ethnicity | Spanish-Italian |
| Nationality | Columbian |
| Religion | Catholic |
| Education | University of California |
| Occupation | Record producer, singer-songwriter, dancer, choreographer, model, entrepreneur,philanthropist |
| Marital status | Single |
| Spouse | Antonio de la Rua (dated from 2000-2011) Gérard Pique (dated from 2011-2022) |
| Children | Milan and Sasha |
| Age | 46 years |
| Height | 5 feet 1 inch |
| Hair color | Blonde |
| Eye color | Brown |
| Net worth | $300 million |
| Years active | 1990-present |
What is net worth of Shakira?
According to Celebrity Net Worth, Shakira’s net worth 2023 stands at $300 million. After Gloria Estefan, she has been named the second-most important Latin singer of all time. Most of Shakira’s albums have been certified gold and platinum and even multi-platinum. On average, the 46-year-old earns $10 million every year.
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Early life
Shakira Isabel Mebarak Ripoll was born on 2nd February 1977 in Barranquilla, Columbia. She is the only child to her parents, William Mebarak Chadid and Nidia Ripoll Torrado. From a young age, young Shakira showed a passion for art, writing her first poem at only four years old. Although the Latin singer struggled with school, she enjoyed singing and dancing for her schoolmates and teachers and even performed at local events.
Career
When she was only 13, Shakira released her first album titled Magia, which featured only four singles and sold 1,200 copies only. However, her artistic breakthrough came in 1998 when she released her fourth album Dónde Están los Ladrones? which garnered both critical acclaim and commercial success. In 2001, it is the respectable singer’s first English album, Laundry Service that catapulted her to international fame. The album which featured the beloved hits Underneath Your Clothes and Whenever, Wherever, made Shakira a global superstar.
Since then, Shakira’s net worth has steadily risen. She has consistently released music that fuses different genres such as pop, rock and Latin music. The remarkable singer-songwriter is admired for her ability to effortlessly switch between languages and connect with diverse audiences. Considering her massive successful career, it is safe to say that Shakira is one of the best-selling female Latin artists of all time.
How is Shakira so rich?
Most of Shakira’s fortune comes from her prestigious career as a musician. Not only is she a great singer and dancer, she also has an admirable skill in writing that has earned her a fortune in song royalties. Also, the well-liked celebrity has sold 125 million albums and over 80 million records globally. Moreover, she has appeared in shows such as The Voice and Dancing With Myself as a judge, with Shakira’s income being at least $12 million.
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Catalog sale
In 2021, Shakira sold her music catalog to the British company Hipgnosis Songs Fund. This deal is estimated to be worth between $100 to $300 million. This sale, which featured over 145 songs, allowed the illustrious artist to successfully monetize her extensive music library.
Shakira personal life
In 2000, Shakira started dating Antonio de La Rua and they were together for eleven years. Despite not being married, the famous music artist revealed that they were like a married couple and he oversaw her career even after they separated. In 2011, Shakira began dating popular footballer Gérard Pique and sired two sons, Milan and Sasha. Despite separating in June 2022, Shakira and Pique net worth was considered an impressive amount while they were together.
Tours
Over the years, Shakira has generated a substantial income through her numerous world tours. During one of her world tours called The Sun Comes Out, she made over $2.8 million for just two shows in Puerto Rico. Also, in 2007, Shakira ended her Oral Fixation Tour having garnered over $100 million. For her most recent one, called the El Dorado Tour, the renowned belly dancer grossed around $76 million in Tour sales.
Awards and achievements
For her musical career, Shakira has received over 400 awards. Currently, she is one of the most awarded Latin artists to ever exist having close to 900 nominations. The eminent superstar has three Grammy Awards and thirteen Latin Grammy Awards under her belt. Some more of Shakira’s notable awards include:
- Best Music Video for “Suerte” Latin Grammy Awards in 2002
- Echo Award for Best International Female Artist in 2003
- World Music Awards for Best Selling Latin Female Artist in 2003
- American Music Awards for Best Latin Artist in 2005
- Best Female at the MTV Europe Music Awards in 2005
- American Music Award for Favorite Latin Artist
- Best Pop Vocal Album for Female for Fijación Oral Vol. 1
- Hot Latin Song of the Year
- Four MTV Video Music Awards,
- Seven Billboard Music Awards
- Thirty-nine Billboard Latin Music Awards
Tax fraud
In late 2017, Shakira’s name was published in Paradise Papers as the sole shareholders of a company that transferred $30 million in music rights. It was then that the Spanish authorities started investigating her finances. They discovered that the estimable musician had failed to pay $13.9 million in taxes between 2012 and 2014. However, Shakira clarified that she only had $2.8 million in taxes with an interest.
Other ventures
Beyond her music career, Shakira has ventured into business endeavors such as having her own perfume line. In 2008, the notable entertainer signed a 10 year with Live Nation which was worth $300. Also, her role in 2016’s Zootopia significantly made Shakira rich despite her having a relatively small role as Gazelle. During the entirety of her career, the Colombia native has had huge endorsement deals come her way such as her longstanding one with Pepsi, one with Crest White Tips and even Oral B.
Shakira real estate
In 2018, Shakira put up her Miami mansion up for going for $11.6 million. The 8,708 square foot house sits on a 20,726 square foot property, overlooking the water with access to over 100 feet of Biscayne Bay. While the significant record producer was with Pique, they bought a home in Barcelona for $16 million which they put up for sale after they split.
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Fast facts about Shakira net worth
- How much is Shakira worth? As of 2023, Shakira net worth stands at $300 million. She has sold over 80 million records.
- How much is Ashanti worth? Ashanti is a famous R&B musician from the 90’s. She has an estimated net worth of $5 million.
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- Why is Shakira so rich? Shakira has earned her money from her music career as a renowned singer and recording artist. As a writer her songs have earned more royalties than have earned another other artist.
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- Where does Shakira spend her money? Shakira spends her money acquiring properties all the world. She has a home is Bahamas, Miami, Uruguay, and Barcelona.
Shakira net worth equates her incredible talent and hard work. Through her successful music career, catalog sale and business ventures, she has established herself as one of the wealthiest musicians in the world. Despite the challenges she has faced, Shakira serves as continuous inspiration millions thanks to her music and philanthropic efforts.
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