It seems like money and Mariah Carey just belong together! In the three decades the iconic singer has been in the spotlight, she has amassed an impressive net worth and earned a diva reputation — and not for nothing. Whether she’s dripping in diamonds or being carried by a team of backup dancers, Mariah takes luxury to a whole new level thanks to her estimated net worth. Keep reading to find out all about Mariah Carey’s insane net worth, how much money she makes off her Christmas music and more.
What Is Mariah Carey’s Net Worth?
Mariah Carey is worth around $340 million, according to Celebrity Net Worth.
Mariah Carey’s Music Career
Mariah’s self-titled debut album was released in 1990 and eventually went nine-times platinum in the United States alone. In April 2001, the “Fantasy” singer left Columbia Records and signed a $100 million, five-album contract with Virgin Music. At the time, it was the biggest contract in music history.
Virgin eventually paid Mariah $28 million to end the contract early after the album Glitter, and she eventually moved on to Island Records, where she released The Emancipation of Mimi. The “Vision of Love” singer then made one album under Def Jam Records before getting signed by Epic Records in 2015. Two years later, she formed Butterfly MC Records as an exclusive joint venture with Epic.
In total, the “Without You” artist has recorded 15 studio albums, but the New York native is particularly well-known for her Christmas music.
How Many Grammys Does Mariah Carey Have?
Mariah is the recipient of five Grammy Awards over the course of her career. In the past, she’s taken home awards in the categories of R&B Song, Female R&B Vocal Performance, Contemporary R&B Album, New Artist and Female Pop Vocal Performance.
How Much Money Does Mariah Carey Make Each Christmas?
Perhaps the most successful of Mariah’s holiday tunes is “All I Want for Christmas Is You,” which reportedly only took 15 minutes to write. The massive hit is one of the most-profitable singles of all time and reportedly grosses an estimated $600,000 per year for the “Always Be My Baby” singer and producer Walter Afanasieff. It is reported that Mariah has made anywhere between $60 to $100 million thanks to the beloved Christmas jingle.
After nearly three decades, Mariah’s “childhood dream” came true as she announced she would be performing her hit holiday song during the 2022 Macy’s Thanksgiving Day Parade.
“Hey, it’s Mariah. See you at the Macy’s Thanksgiving Day Parade,” the New York native said with Instagram on November 18, 2022, with the caption, “I’m going to be opening for the one and only, SANTA CLAUS.”
Mariah Carey’s A-List Appearances
The “Obsessed” singer then made a large chunk of money in 2015 when she signed a $30 million contract for a two-year Las Vegas residency at Caesars Palace.
While Mariah is not an actress, she has appeared in a variety of films, including Glitter, Girls Trip, The Lego Batman Movie, Precious, Girls Trip and more.
Mariah Carey’s Diva Moments
Over the years, the “Oh Santa” artist has become known as somewhat of a diva — and she has no shame over that moniker.
“You know what? I don’t give a s–t. I f–king am high-maintenance because I deserve to be at this point. That may sound arrogant, but I hope you frame it within the context of coming from nothing,” Mariah explained to The Guardian in 2020. “If I can’t be high-maintenance after working my ass off my entire life … I’m sorry, I didn’t realize we all had to be low-maintenance. Hell, no! I was always high-maintenance, it’s just I didn’t have anyone to do the maintenance when I was growing up!”
‘Mariah Carey: Merry Christmas to All!’ Concert Special
The singer graced the small screen for another holiday special titled Mariah Carey: Merry Christmas to All in December 2022. The two-hour Christmas concert was filmed at Madison Square Garden and featured the queen of Christmas performing a “repertoire of her festive holiday hits,” including her beloved single, “All I Want for Christmas Is You.”