ENTERTAINMENT
What is Mariah Carey’s net worth? “All I Want for Christmas is You” singer’s wealth
Dubbed the ‘queen of Christmas’, Carey pockets a large sum of money each year from her festive hit, which has contributed to her significant fortune.
Every festive season, the singer Mariah Carey enjoys a bumper boost to her bank balance thanks to her Yuletide hit “All I Want for Christmas is You”.
In each of the past four years, Carey has topped the Billboard Hot 100 with the song, which was originally released on the 54-year-old’s 1994 album Merry Christmas.
Despite being a 30-year-old track, it reached the top 10 of the Hot 100 for the first time in December 2017. It then made it into the top five in 2018, before claiming the No. 1 spot in 2019, 2020, 2021 and 2022.
How much money does Mariah Carey have?
The Christmas chart-topper has helped the New York native to amass a considerable fortune. Indeed, the website Celebrity Net Worth, which specialises in calculating how rich the stars are, estimates Carey’s wealth at $350 million.
According to Business Insider, Carey presently sits at No. 11 on the all-time list of artists who have sold the most albums in the US, with 74 million.
She has also bolstered her income through concerts. Notably, in 2015 she signed a $30 million contract to complete a two-year residency at Caesars Palace in Las Vegas.
How much does Carey earn for “All I Want for Christmas is You”?
Forbes has reported that Carey has received some $60 million in royalties for the song since it was first released.
According to calculations carried out by The Economist, the singer currently nets around $2.5 million each year from the track. The New York Post, meanwhile, places that figure at about $3 million.
The song’s success has led it to be inducted into the US’ National Recording Registry, a list of sound recordings that are “culturally, historically, or aesthetically significant, and/or inform or reflect life in the United States.”