Mariah Carey, whose real name is Mariah Carey born on 27th of March in 1970, is an American singer, songwriter and actress. According to the 2017 Forbes report, her current net worth is estimated at $520 million. Let’s see how did she achieve such significant wealth.
Mariah Carey was born to an African-American mother, Patricia Hickey and an Irish father, Alfred Roy, in Huntington, New York. She has five siblings – Alison (half sister), Morgan (twin sister), Nadine, Stella and Jack. Mariah spent her early years with her family on Long Island; they moved to Queens when she was 8 years old. Her love for music began at age 2 when she would listen to 1970s soul artists such as Gladys Knight & The Pips and The Isley Brothers.
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First and foremost, she started her singing career after finishing high school and later joining an R&B band called Mystic Rhythms. In 1990, Mariah got signed to Columbia Records and eventually released her self-titled debut album. Vision of Love became her first number one hit single and made history by being on top of Billboard Hot 100 for 14 weeks. She has released nine studio albums since then. During her stint with Sony Music Entertainment (1991-1997), Mariah sold more than 200 million records worldwide! She held the title for The Artist with Most #1 Singles by a Female Artist in U.S.
With a net worth of $400 million, it’s no surprise that Mariah Carey is one of the highest-paid women in music. But how did she do it? Well, let’s start with some of her early work. At 15 years old, Mariah signed her first record deal with Columbia Records and got her big break when she featured on Vision of Love, a single released by singer-songwriter Brenda K. Starr.
Carey made her big-screen debut with a minor role in The Addams Family (1991). She then starred as a fictionalized version of herself in Glitter (2001), which was panned by critics and failed to make back its $60 million production budget at box offices worldwide. Following mixed reviews, critics dubbed it one of history’s biggest box office bombs. Her albums Butterfly (1997) and Rainbow (1999) sold more than 20 million copies worldwide each and are among five albums to be certified Diamond by RIAA. They set a record for the highest first week sales by a solo artist, both having sold over 1 million units, but were never released outside North America.
Carey launched a fashion line, M Mariah, with Simmone Logue and Liz Dolan in 2017. She has also done collaborations with Macy’s, QVC, HSN, Century 21 Department Stores and other companies. In 2018 she released M by Mariah, an exclusive collection available on her personal website. The line includes apparel and accessories such as handbags, earrings and jackets that are made out of high-quality leathers and custom hardware inspired by details from her own wardrobe. It was picked up at retail locations throughout Asia like Galeries Lafayette Paris but it remains to be seen if it will be available at American stores or if it will be more successful than previous failed attempts to launch a product line under her name. Carey is currently worth $500 million.
Endorsement Deals and Agreements
In 2017, according to Forbes, Mariah made an estimated $10 million. The income was due to her massive endorsement deals with companies like FitBit and Ford Motor Company. Moreover, she earned approximately $3 million from sales of new album Caution as well as clothing lines and fragrances that bear her name. Overall, it is expected that her wealth will increase substantially thanks to more successful album releases and a number of lucrative sponsorship deals going forward. In 2021 Mariah’s net worth may reach approximately $300 million ($390M).
House and Cars Collection
The singer lives in a luxurious Manhattan apartment with her boyfriend Bryan Tanaka. It has a total area of 8,500 square feet and cost $7 million to buy. There is an elevator, a large living room, high ceilings and even a private garden. The interior decor is modern with glass walls and elegant lighting. The house includes five bedrooms, four full bathrooms and one half bathroom. In addition to Mariah’s home in New York City, she also owns a mansion located in Beverly Hills California which costs about $4 million worth. There are six bedrooms, seven bathrooms and three half baths along with six terraces as well as two swimming pools – all perfect for parties!
Last Updated on January 1, 2022
Andrew Smith is a professional News researcher and writer. He has been writing latest tending news articles for various news agencies.