Shakira Net Worth (Money & Salary)

What is Shakira’s net worth?

Shakira, an internationally renowned pop star originally from Colombia, has a net worth estimated at $300 million. She is a multifaceted artist, serving as a singer, songwriter, producer, belly dancer, and philanthropist. To date, she has sold over 125 million albums and singles globally, solidifying her status as one of the most accomplished female artists in history. She ranks as the second-most successful Latina artist ever, following Gloria Estefan, and holds the title of the best-selling Colombian singer all time.

Throughout her career, Shakira has received numerous accolades, including three Grammy Awards, thirteen Latin Grammy Awards, four MTV Video Music Awards, seven Billboard Music Awards, thirty-nine Billboard Latin Music Awards, and a star on the Hollywood Walk of Fame. In 2009, she was recognized by Billboard as the Top Female Latin Artist of the Decade. Additionally, she is the most-streamed Latin artist on Spotify and is among just three female artists whose YouTube videos have surpassed two billion views.

In 2001, she released “Laundry Service,” her first English-language album, which featured chart-topping international hits like “Whenever, Wherever” and “Underneath Your Clothes,” selling 20 million copies. Her subsequent albums, in both Spanish and English, consistently reached the top of album charts and received gold, platinum, multi-platinum, or diamond certifications from the Recording Industry Association of America.

Live Nation Deal

Shakira entered into a $300 million, ten-year agreement with Live Nation in 2008.

Catalog Sale

In January 2021, Shakira sold her publishing catalog rights to Hipgnosis Songs Fund, a deal encompassing roughly 145 songs. While the specific terms were not made public, it is estimated that the sale was worth at least $100 million based on similar transactions.

Early Life

Born on February 2, 1977, in Barranquilla, Colombia, Shakira Isabel Mebarak Ripoll discovered her name, which means grateful in Arabic. She is the sole child of William Mebarak Chadid and Nidia Ripoll Torrado. Her paternal grandparents immigrated from Lebanon to New York City, where her father was born, before moving to Colombia when he was five. On her mother’s side, she is of Spanish (Catalan and Castilian) and Italian descent. Raised as a Roman Catholic, she attended Catholic schools. From her father’s previous marriage, she has eight older half-siblings. Shakira spent her childhood primarily in Barranquilla, a northern coastal city in Colombia, where she penned her first poem, “La Rosa De Cristal (The Crystal Rose),” at the age of four. Fascinated by her father’s storytelling abilities with a typewriter, she wished for one during Christmas. Receiving it at seven, she began her journey into poetry, which eventually transformed into songwriting.

Her first experience with performing began when she was four and accompanied her father to a Middle Eastern restaurant, where she heard the doumbek, a traditional Arabic drum often paired with belly dancing. Captivated by the music, she began dancing on the table and later recognized her passion for performance through the years of learning belly dancing. At school, she was identified as the “belly dancer girl,” displaying her dance skills every Friday for peers. Singing for her classmates and teachers became a delight for her; however, in second grade, she faced rejection from the school choir for having a vibrato deemed too strong, with her music teacher humorously comparing her voice to that of a goat. Struggling with ADHD, Shakira frequently found herself being sent out of class due to her hyperactivity.

Recognition began to come to Shakira between the ages of 10 and 13,

In Barranquilla, she began performing at local events, where she crossed paths with Monica Ariza, a theatre producer eager to assist in launching her career. While on a flight from Barranquilla to Bogota, Ariza persuaded Ciro Vargas, a record executive from Sony Colombia, to let Shakira audition in the hotel lobby. Although Vargas was impressed by her talent, the song and artist director at Sony was not as convinced. Nevertheless, Vargas arranged an audition for Shakira in Bogota, ensuring that Sony Colombia executives would be present to witness her performance as a surprise. After singing three songs, Shakira secured a three-record deal.

Career

At just 13 years old, Shakira released her debut album, “Magia,” in June 1991, which included “Magia” among three other singles. This album was a compilation of songs she had written since she was eight. Although it received considerable airplay on Colombian radio, commercially it fell short, with only 1,200 copies sold globally. Similarly, her second album, “Peligro,” released in 1993, did not achieve success.

The tide began to turn with the release of “Pies Descalzos” in 1995 and “Donde Estan los Ladrones?” in 1998, both of which became hits across Spanish-speaking nations. Shakira transitioned to the English-language market in 2001 with her fifth album, “Laundry Service,” which sold over 20 million copies, producing international number-one hits such as “Whenever, Wherever” and “Underneath Your Clothes.”

Shakira’s Spanish-language albums, including “Fijacion Oral, Vol. 1” (2005), “Sale el Sol” (2010), and “El Dorado” (2017), all reached the top of the Billboard Top Latin Albums chart and received diamond certification from the Recording Industry Association of America. Her English albums, such as “Oral Fixation Vol. 2” (2005), “She Wolf” (2009), and “Shakira” (2014), achieved gold, platinum, or multi-platinum status in various countries. Numerous songs have topped charts internationally, including hits like “La Tortura,” “Hips Don’t Lie,” “Beautiful Liar,” “Waka Waka (This Time for Africa),” “Loca,” and “Chantaje.” In 2022, she was awarded the Special International Award at the Ivor Novello Awards, acknowledging her impact as one of the most influential songwriters and artists globally. From 2013 to 2014, Shakira served as a coach on two seasons of the American singing competition series “The Voice.”

Globally, Shakira has sold over 125 million albums, making her the second most successful Latina singer in history, following Gloria Estefan, and the top-selling Colombian singer ever. Throughout her career, she has garnered numerous accolades, including three Grammy Awards, thirteen Latin Grammy Awards, four MTV Video Music Awards, seven Billboard Music Awards, thirty-nine Billboard Latin Music Awards, and a star on the Hollywood Walk of Fame. In 2009, Billboard recognized her as the Top Female Latin Artist of the Decade. Notably, Shakira ranks among the best-selling music artists worldwide, holding the distinction of being the most-streamed Latin artist on Spotify and becoming one of only three female artists to have two YouTube videos surpassing two billion views.

Personal Life

From 2000 to 2011, Shakira was in a long-term relationship with Argentinian attorney Antonio de la Rua. She described their bond in a 2009 interview as similar to that of a married couple, asserting that “they don’t need papers for that.” After their separation, de la Rua continued to manage Sharkira’s career and business matters. In the fall of 2012, he filed a lawsuit against Shakira, claiming $100 million owed to him following her termination of their business partnership in October 2011. Ultimately, a judge in Los Angeles County Superior Court dismissed his lawsuit in August 2013.

Shakira commenced a romantic relationship with Spanish football player Gerard Piqué in 2011. Piqué, who is a player for FC Barcelona and the Spanish national team, is ten years younger than her. Their paths crossed in the spring of 2010 when he featured in her music video for “Waka Waka (This Time for Africa),” which was the official song for the 2010 FIFA World Cup. Together, Shakira and Gerard have two sons: Milan, born on January 22, 2013, and Sasha, born on January 29, 2015. Unfortunately, they announced their separation in June 2022.

As a child, Shakira’s father often took her to a local park to meet orphans, which instilled a sense of gratitude in her. This experience left a lasting impression, leading her to vow, “One day, I’m going to help these kids when I become a famous artist.” She is the founder of the Pies Descalzos Foundation, which aims to raise funds for impoverished children in Colombia.

In 2020, she pursued an ancient philosophy course at the University of Pennsylvania simply as a hobby.

The Voice Salary

Reports in 2013 indicated that Shakira earned $12 million from her involvement in “The Voice.”

Tax Fraud Charges

In November 2017, Shakira was identified in the Paradise Papers as the sole owner of a company transferring $30 million in music rights. The following year, Spanish authorities began examining her financial situation. Prosecutors later contended that despite declaring the Bahamas as her legal residence, Shakira had spent over six months in Spain between 2012 and 2014, during which time she did not pay Spanish taxes. She faced accusations of owing $13.9 million in unpaid taxes related to those years, although Shakira maintained that she had settled all her obligations, including an additional $2.8 million in interest.

In September 2023, new allegations emerged from Spanish prosecutors claiming that Shakira did not pay $7.1 million on her 2018 income, adding to the previous tax issues from 2012-2014.

On November 20, 2023, the commencement of her trial saw Shakira resolving her case with the Spanish tax authorities. By confirming her acknowledgment of six charges regarding the failure to pay approximately $16 million in taxes owed to the Spanish government for the tax years 2012 to 2014, she reached a settlement that allowed her to avoid imprisonment. Instead, Shakira will serve a three-year suspended sentence and must pay an $8 million fine. Legally, she was found guilty of tax fraud.

Real Estate

In 2018, Shakira put her minimalist mansion in Miami on the market for $11.6 million. This spacious property, covering 20,726 square feet, is located on Miami’s North Bay Road and boasts stunning waterfront views andaccesses Biscayne Bay with over 100 feet of waterfront. The residence spans 8,708 square feet, featuring six bedrooms and seven and a half bathrooms. Notable neighbors in the area include Matt Damon, Ricky Martin, Jennifer Lopez, Alex Rodriguez, and Michael Bay.

Following her separation from Piqué in 2022, the couple put their $16 million Barcelona property on the market. Shakira chose to return to Miami with her sons, Milan and Sasha. Reports suggest she is renting a waterfront home valued at $15 million while searching for a new mega-mansion priced at over $50 million. Additionally, she owns a property in the Bahamas.