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What Is Mariah Carey's Net Worth? How the Queen of Christmas Raked in Her Money

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Source: Mega

Nov. 25 2023, Published 12:05 a.m. ET

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Mariah Carey has money, honey!

After over 30 years in the business, the Queen of Christmas, 54, continues to rake in the big bucks for his smash-hit songs, sold-out concerts and special appearances.

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mariahcareynetworth
Source: Mega

Mariah Carey has earned quite a massive fortune over her years in the business.

According to Celebrity Net Worth, Carey is currently valued at a whopping $350 million for all the work put into her iconic career since 1990, when her self-titled debut album was released.

The "Obsessed" singer's first album ended up going nine-times platinum in the United States alone with number-one hits like "Love Takes Time", "Someday" and "I Don't Wanna Cry."

In 2001, Carey signed the biggest recording contract in history at the time when she left Columbia Records and signed a $100 million, five-album contract with Virgin Music.

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mariahcareynetworth
Source: Mega

Mariah Carey is worth a reported $340 million.

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However, the label shelled out $28 million to terminate the contract early after the lackluster album Glitter. Carey later moved to Island Records, where she released The Emancipation of Mimi, but also recorded under Def Jam Records before getting signed by Epic Records in 2015.

In 2017, she began the Butterfly MC Record label as an exclusive joint venture with Epic.

Despite being so eager to record new music, the chart-topper's biggest cash cow will always be her Christmas hit, "All I Want For Christmas Is You," which she reportedly makes an estimated $2.6 million per year on.

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mariahcareynetworth
Source: Mega

Mariah’s self-titled debut album was released in 1990.

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"The crazy thing about it is, every year it tends to increase in popularity,” she in a 2017 interview of the holiday staple. "I’m very thankful that people seem to still have an attachment to it. It makes me feel good when people tell me that it’s part of their lives."

The success of the beloved tune even surprised Carey. "Oh my gosh, no no, never, no," she said when asked if she knew the song would take off the way it did. "I feel like this is something small compared to the rest of my catalogue. This song just continues to surprise me."

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mariahcareynetworth
Source: Mega

'All I Want for Christmas Is You' reportedly earns Mariah Carey $2.6 million per year.

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Besides her songs, Carey was paid $18 million to appear on one season of American Idol in 2012 as a judge.

The mother-of-two also collected $30 million in 2015 after she signed a contract to undertake a two-year Las Vegas residency at Caesars Palace — a move that made her one of the highest-earning women in music for the year with $27 million in total earnings.

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Source: OK!

The Economist obtained how much she makes from "All I Want For Christmas Is You" yearly.

Billboard conducted the 2017 interview with Carey.

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