Madonna and Mariah Carey are two of the most loved (and hated) female singers of the past 30 years. They’ve had their career ups and downs, but their finances are looking very sweet — at least according to the Gazette Review.
The list places Mariah Carey at No. 3 with a net worth of $520 million.
“Anyway, Mariah Carey’s true net worth sits at $520 million. This fortune was amassed not only through her singing career, but she too had a run as a judge on American Idol, with a salary of around $18 million dollars.
The Gazette Review adds that Ms. Carey is currently headlining Caesar’s Palace in Las Vegas for an undisclosed sum. Even though her shows aren’t all sold out, she’s obviously making enough to continue extending her residency.
“Singer, actress, songwriter and entrepreneur Madonna has done it all. And it has paid dividends. Her true net worth is a whopping $1 Billion, this makes her not only the richest female singer in the world, but the richest of all singers, regardless of gender.”
Madonna, like Mariah, hasn’t come up to anything close to resembling a hit since her 2012 top ten single “Give Me All Your Luvin.” But hits barely matter in Madonna’s world as she remains a hot concert draw. Madonna is in the middle of her Rebel Heart Tour, which is expected to gross more than $160 million, even beating U2’s recent mega-successful outing.
Madonna and Mariah Carey join the top-earning female singers with Celine Dion (No. 2, $630 million), Gloria Estefan and Dolly Parton (both No. 5 with $500 million), Shania Twain (No. 6, $350 million), Barbara Streisand (No. 7, $340 million), Cher (No. 8, $320 million), Jennifer Lopez (No. 9, 300 million), and Nana Mouskouri (No. 10, $280 million).
While you may never have heard of Nana Mouskouri, she was absolutely huge in Europe in the 1960s and 1970s. She still earns a lot of residuals until this day. Part of the reason a lot of people haven’t heard of her is because she had her peak before the arrival of MTV.
So, why are Adele, Beyoncé, Katy Perry, and Taylor Swift absent from the list, despite being the hottest female pop singers of the past ten years? It’s because they started out within the past ten years (with the exception of Beyoncé), so they need a little time to catch up — and they certainly will.
Will these singers ever reach the status of Mariah Carey and Madonna? That will be difficult since both Ms. Carey and Madonna don’t plan on retiring anytime soon. Mariah Carey will continue to play shows in Las Vegas, where she is allegedly still being paid a huge sum. She also plays shows at the Beacon Theater every year. Her 2015 Beacon Theater residency earned rave reviews.
Madonna’s touring power may not be as gigantic as it was in the 2000s, but she is still a huge concert attraction and is currently earning the best reviews she’s ever had on tour, even though stories about late starts and alleged weird behavior on stage have overshadowed that. It is believed that her Rebel Heart Tour, which currently ends in Australia next month, may be revived during the summer as the Queen of Pop may play Israel, at least according to the Times of Israel.
Female superstars were once a rarity in the record industry. Thanks to acts like Madonna and Mariah Carey, women are now at the top.
[Photo by Jonathan Leibson/Getty Images]