How Shakira makes and spends her millions
Jason Guerrasio
- Shakira has made millions thanks to her hit songs and stadium tours.
- She also has landed high-paying endorsement deals.
Shakira has been performing since she was a teenager, which has led to her earning millions.
Shakira released her first album, "Magia," in 1991 when she was just 14 years old. In the time since, she's won three Grammys and produced six top-10 hits on the Billboard Hot 100, including the No. 1 song "Hips Don't Lie."
These achievements have also translated to her bank account. In 2012, Forbes reported her earnings at $20 million. In 2019, Forbes put her at $35 million.
She has grossed over $100 million on touring alone.
In 2023, Billboard reported that, over the course of her career, she's brought in $108.1 million through touring.
Shakira has made hundreds of millions of dollars thanks to her music.
Billboard reported that she's one of the best-selling music artists of all time. Her label said she's sold over 95 million records worldwide.
In 2008, Shakira signed a 10-year contract with Live Nation, which Rolling Stone estimated at the time to be worth between $70 million and $100 million.
She's landed major endorsements over the years.
She's landed deals with big hitters like Pepsi, Oral-B, and T-Mobile over her career.
It's not clear what she's earned from these but it's probably a good chunk of change.
She's also brought in big paydays thanks to her hosting gigs.
Shakira brought her talents to NBC's singing competition "The Voice" for two seasons in 2013 and 2014. She earned $12 million per season, according to The Hollywood Reporter.
In 2022, she was a judge on the show "Dancing With Myself." It's unclear what she made for that, but we're sure she didn't do it for cheap.
Shakira didn't get paid to do the 2020 Halftime Show with Jennifer Lopez.
It's been a long tradition that the NFL never pays the Super Bowl halftime acts. But the league will handle expenses and production costs, according to Forbes.
In February 2021, she sold her entire music catalog to Hipgnosis, a music royalties investment firm.
She sold the publishing rights to her catalog, which consisted of 145 songs, to the London-based firm for an undisclosed sum, The Guardian reported.
She spends her money on properties around the world.
The superstar relaxes across the globe in houses she has in Uruguay, Barcelona, Miami, and on a private island in the Bahamas.
She has spent money on legal fees in Spain for tax evasion charges.
She is due to be tried in Barcelona court in November in a case that depends on where she lived between 2012 and 2014.
Prosecutors alleged that she spent more than half of that time period in Spain, and should have to pay taxes in that country despite having an official residence in Panama. As a result, prosecutors alleged that she has failed to pay €14.5 million ($15.4 million) in taxes.
Shakira denied any wrongdoing when she testified in 2019.
In September 2023, Spain charged her with tax evasion for a second time.
The latest charge alleged Shakira failed to pay €6.7 million ($7.1 million) in taxes on her 2018 income by using an "offshore company based in a tax haven," according to the Associated Press.
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