Are you looking for “Shakira net worth” in 2023? Shakira is one of the most successful Colombian singers and songwriters, with an estimated net worth of $300 million as of 2023 (according to Celebrity Net Worth).

This article will help you understand Shakira’s career, wealth, and other life changes that affect her present position in pop culture. From exploring how she started to understand her latest updates in 2023, we’re here to explore Shakira’s financial journey and amazing story! Get ready for an engaging exploration into the life of ‘The Voice’ judge!

Content Highlights

• Shakira’s estimated net worth in 2023 is $300 million, attained through her successful music career, endorsement deals, and hosting gigs.
• She has earned the majority of her wealth from music sales and touring around the world, along with brand endorsements.
• In 2021 she sold some of her music catalogue to Hipgnosis Songs Fund Limited for a yet undisclosed amount that potentially contributed significantly towards boosting Shakira’s already impressive fortune.
• She also further diversifies her portfolio by investing in real estate properties globally to manage tax liabilities while also strictly reducing expensive living costs due to unavoidable legal fees occasionally incurred during such disputes as part of investigations into potential tax evasion accusations faced recently related to certain activities done before.

Related Articles:

• Taylor Swift Net Worth 2023

• Beyonce’s Net Worth 2023

• Eminem’s Net Worth 2023

Updates of Shakira Net Worth in 2023

Shakira’s net worth in 2023 is approximately $300 million. Her net worth is derived from several sources, including record sales, touring revenue, endorsements, and business investments. As one of the best-selling Latin music artists, Shakira has sold over 80 million records worldwide. 

She has earned over $100 million from touring and $60 million from endorsements. Shakira’s catalog deal in 2021 sold the rights to her music for over $100 million. Even with her recent legal troubles, Shakira remains one of the wealthiest artists globally.

Shakira’s Net Worth Growth Over the Years

The table illustrates how Shakira’s estimated net worth has progressively increased over the past decade, from $100 million in 2011 up to $350 million in 2022, before a recent decline to $300 million in 2023. The key highlights indicate major career and business developments that contributed to her wealth accumulation during this period.

Table: Estimated Net Worth of Shakira Over the Years

In 2011, Shakira’s net worth stood at $100 million, largely derived from album sales and touring up until that point. By 2014, her net worth had doubled to $200 million, partly attributed to the launch of her perfume line and her new role as a judge on NBC’s hit show The Voice.

Her net worth rose steadily in the following years, reaching $250 million in 2016, aided by her contribution to the Zootopia soundtrack and related earnings. In 2018, the El Dorado World Tour generated over $230 million in revenue, pushing her net worth up to $280 million.

A high-profile performance with Jennifer Lopez at the 2020 Super Bowl halftime show propelled Shakira’s net worth to $300 million the same year. Her 2022 sale of her entire music catalog to Hipgnosis Songs Fund for approximately $100 million or more was a major asset realization that brought her net worth peak to $350 million.

However, in 2023, Shakira’s net worth is estimated to have decreased to $300 million. This decline can be attributed to legal fees and financial implications of her high-profile tax evasion case with Spanish authorities.

Now, before moving into the details of how she grew this massive net worth, we need to know how she became this famous in the first place. So, let’s dive deep into Shakira’s biography and find out how she became so successful at the age of 46!

Shakira’s Biography

Shakira is a Colombian pop singer, songwriter, dancer, and philanthropist. Born Shakira Isabel Mebarak Ripoll on February 2, 1977, in Barranquilla, Colombia, she began performing as a teenager.

Table: Biography of Shakira

Shakira rose to prominence in Latin America with major hits like “Estoy Aqui” and “Pies Descalzos” before breaking through in the English market in 2001 with “Whenever, Wherever.” She has sold over 80 million records worldwide, making her one of the best-selling Latin music artists.

Shakira has won 3 Grammy Awards, 12 Latin Grammy Awards, and has a star on the Hollywood Walk of Fame. Known for hits like “Hips Don’t Lie” and “Waka Waka,” Shakira is celebrated for her unique voice, belly dancing moves, and multicultural upbringing.

She has used her platform to advocate for children’s education globally.

Early Life

Shakira was born on February 2, 1977, in Barranquilla, Colombia as the only child of Nidia Ripoll and William Mebarak Chadid. With a Lebanese father and a Catalan-Spanish mother, Shakira honored both heritages growing up. She wrote her first poem at age 4 and started belly dancing at 7.

As a child, she was fascinated by Middle Eastern culture and music. Shakira signed her first record deal at age 13 after a Sony Music executive saw her perform on a Colombian TV talent show. Her first studio albums, “Magia” and “Peligro” were released in the early 1990s as a teenager.

Shakira originally aspired to be a folk singer but shifted to Latin pop music over time. Her unique vocal abilities and Lebanese musical influences set her apart in the Latin American music scene.

If you’re interested to know about some other popular Latin artists, you can also read Bad Bunny Net Worth.

Musical Career

Shakira is one of the most successful Latin music artists, with over 80 million records sold globally. She broke out with Spanish-language albums in the 1990s before crossing over to mainstream English pop success in the 2000s with hits like “Whenever, Wherever” and “Hips Don’t Lie.”

Shakira is celebrated for her unique voice, belly dancing skills, and multicultural blending of styles. She has won 3 Grammys and 12 Latin Grammys and has charted numerous #1 hits over her three-decade career.

Big Break In The Spanish Market

Shakira had been making music in Spanish from a young age, but it wasn’t until 1996 that she released her breakthrough single, “Estoy Aqui,” which exploded onto the Latin chart. Her combination of classical music influences and pop-inspired melodies was an instant hit with audiences across Spain and opened countless doors for her career.

Shortly after this success, Shakira signed a contract with Sony Music International which gave them access to nearly all her musical work and safety from other labels attempting to replicate her sound.

This was another important contribution to Shakira’s big break in Spain as it allowed the longevity of her talent and fame across borders.

The singles that followed also developed and capitalized on the already popular “World Sound” genre pioneered by Colombian artists such as Carlos Vives, catapulting Shakira into mainstream attention when nothing like this was seen before in Spanish culture or music industry at the time, creating a broad influence over market trends still present today.

Big Break In The English Pop Market

Shakira achieved major crossover success from Latin pop into the English pop market in 2001 with the release of her fifth studio album and first English language record, “Laundry Service”. The album sold over 13 million copies worldwide, fueled largely by the global chart-topping smash hit “Whenever, Wherever.”

“Whenever, Wherever” reached #6 on the US Billboard Hot 100 and hit #1 in countries like Australia, France and Italy. It helped establish Shakira as a viable English-language pop artist outside of the Latin music scene. The single’s signature mix of pop and Andean folk propelled Shakira’s unique musical style into mainstream consciousness.

The popularity of “Whenever, Wherever” and the parent album “Laundry Service” marked Shakira’s big break as a crossover English language pop star. She successfully leveraged her established Hispanic fanbase to traverse into the competitive English market. Following this release, Shakira quickly became one of the most prominent Latin artists to achieve English pop stardom.

Awards and Achievements

Shakira is one of the most decorated Latin music artists, with major honors across all the major music awards shows. Her key awards and achievements include:

• 3 Grammy Awards – Including Best Latin Pop Album for “Hips Don’t Lie” in 2006 and Best Latin Rock/Alternative Album for “Oral Fixation Vol. 1” in 2007.
• 12 Latin Grammy Awards – She has won Latin Grammys for Album of the Year, Record of the Year, Song of the Year, and more. Shakira remains the most-awarded female artist in Latin Grammy history.
• 14 Billboard Latin Music Awards – She has received honors like the Spirit of Hope Award, Lifetime Achievement Award, and Latin Pop Songs Artist of the Decade.
• 8 American Music Awards – She has won AMAs for Favorite Latin Artist, Favorite Pop/Rock Female Artist, and Artist of the Year.
• Hollywood Walk of Fame Star – Shakira has been a star on the Hollywood Walk of Fame since 2011 for her global contribution to the arts.
• UNICEF Goodwill Ambassador – Appointed in 2003 for her philanthropic efforts to help vulnerable children.

Shakira’s Personal Life

Shakira has been in a relationship with Spanish soccer player Gerard Piqué since 2011 after meeting on set for her “Waka Waka” music video. They have two sons together, Milan and Sasha. Shakira maintains residences in Barcelona, her hometown of Barranquilla, and Miami. 

She has been an advocate for universal education through her Barefoot Foundation since 1997. Shakira also serves as a UNICEF Goodwill Ambassador.

Shakira’s Family

Shakira was born in Barranquilla, Colombia as the only child of Nidia Ripoll and William Mebarak Chadid. Her father is of Lebanese descent, and her mother is Catalan-Spanish.

Shakira has eight older half-siblings from her father’s previous marriage. Her parents met in New York City, where her father worked as a gemologist while her mother was a housewife.

In 2011, Shakira began a relationship with Spanish football star Gerard Piqué after meeting on the set of her “Waka Waka” World Cup music video. They have two sons together – Milan (b. 2013) and Sasha (b. 2015).

In June 2022, after 11 years together, Shakira and Piqué announced their separation. They are currently resolving custody of their children and dividing their assets.

Shakira maintains close ties to her family in Colombia. In 2021, her older half-brother Tonino Mebarak was hospitalized due to COVID-19 complications. Shakira asked fans worldwide to pray for her brother’s recovery.

Relationship With Ex-Partner Gerard Pique

Shakira and Spanish soccer star Gerard Piqué were in a relationship from 2011 to 2022. They met on set, filming her “Waka Waka” music video for the 2010 FIFA World Cup. They have two sons together, Milan and Sasha. In June 2022, Shakira and Piqué announced they were separating after 11 years together.

Since then, Shakira has been spotted out with Formula 1 driver Lewis Hamilton whom she reportedly recently started dating after her professional reunion took place with ex-partner Gerard Pique earlier this year at Barcelona’s Sagrada Familia Cathedral for a service for son Sasha’s confirmation into Christianity.

Before meeting Gerard Piqué, Shakira had a long-term relationship with Antonio de la Rúa between 2000 and 2014. After their breakup, she briefly dated her trusted advisor José Antonio Bastón in 2017, but they remain friends.

Despite past relationship troubles, Shakira remains among the wealthiest and most successful Latin music stars globally. Her shrewd business deals and diverse revenue streams continue to grow her net worth.

How Their Separation May Affect Her Net Worth

The announced separation of Shakira and former partner Gerard Piqué does not necessarily mean a steep fall in her net worth, as the two are not married. Therefore, their separate earnings remain unaffected by this breakup, meaning that it is highly unlikely to have any perceptible impact on Shakira’s net worth.

However, there are other potential implications that need consideration. Firstly, any differences in opinion or disputes over money could arise due to non-marriage status; legal proceedings may then follow, which involve large losses through hefty attorney fees and settlements.

Furthermore, changes in career for either individual can affect the existing harmony between the couple creating ripples of disruption across their mutual finances – since they share two sons together, raising/dividing child support costs comes into question.

How Shakira Earned Her Wealth

She has earned the majority of her wealth from music and touring, along with various endorsement deals, hosting gigs, and selling her music catalog to Hipgnosis.

Music Career

Through a decades-long music career, Shakira has sold over 80 million records worldwide, making her one of the best-selling Latin artists.

Shakira has been successfully selling music and touring the world for over twenty years, bringing her great wealth and success in the music industry. Her estimated net worth of $300 million in 2023 can be attributed to her incredibly lucrative career as a musician.

From album sales to tours, Shakira continues to make millions from her incredible voice and talents.

Shakira released her first major-label studio album, “Laundry Service” in 2001, which earned an impressive $4 million in sales alone. She followed this up with two additional records: Oral Fixation ($8.7 million) and the Spanish version of Oral Fixation ($4.2 million).

Touring and Live Performances

Along with selling albums around the globe, Shakira is also known for earning big money from touring various venues throughout North America, Europe, South America, Asia Pacific & India—with an estimated income of $76 million brought by The El Dorado World Tour (2018).

Her talent as a singer-songwriter has helped her become one of Latin America’s artists, thanks to hits such as ‘Hips Don’t Lie’ featuring Wyclef Jean & The Black Eyed Peas frontman Will.i.am.

Her body of work boosting decades of catchy tunes is what has sustained continued growth of popularity even today — leading not only to more streaming Listeners but merchandise revenue outgrowths year on year through well-timed campaigns such as DAS Falabella Merch lines across countries like Peru & Chile.

Endorsements and Sponsorships

Major endorsement deals with brands like Pepsi, T-Mobile, and Danone have brought in over $60 million for Shakira.

Shakira has earned a significant portion of her wealth from endorsements and hosting gigs. In addition to proceeds from music, sales deals, and other business ventures, the Spanish-born singer has earned hundreds of millions through brand endorsements and hosting assignments.

Notable endorsement deals include partnerships with Pepsi in 2006, Tag Heuer in 2011, Rihanna’s Fenty Beauty line in 2019, and Apple Music in 2020. For these transactions alone, Shakira was compensated an estimated $40 million cumulative amount over several years.

As far as hosting is concerned, she co-hosted the World Cup 2018 alongside Will Smith & Era Istrefi while she recently served as Executive Producer for THE VOICE USA 2021 edition after being its judge back in 2013 through 2016, contributing another massive paycheck to her net worth figure.

Investments and Business Ventures

Shakira has earned revenue through merchandise, her perfume line, and the sale of her music catalog rights.

In addition to music, Shakira has earned significant revenue through various business investments and ventures. She owns a perfume line and has profited from merchandise sales. Most notably, in 2021, Shakira sold the rights to her entire music catalog for over $100 million to Hipgnosis Songs Fund as a long-term investment. She also serves as a brand ambassador to companies like Coca-Cola, Huawei, and Philips, endorsing their products in lucrative deals.

The Voice, Acting, and Other Projects

Appearances on The Voice and in films like Zootopia have added to Shakira’s wealth through salary payouts.

Shakira earned around $12 million per season as a judge on NBC’s hit show The Voice, appearing in multiple seasons from 2013 to 2015. Though the exact salary is undisclosed, it is known to be higher than other judges.

Shakira has also earned income from acting roles and cameos in films like Zootopia. Her hosting gigs, including the 2010 FIFA World Cup and two Grammy Awards shows, have provided big paydays as well.

Real Estate Portfolio

Owning multi-million dollar homes globally comprises a significant portion of Shakira’s $300 million net worth.

Shakira has invested significantly in real estate across the globe. She owns multi-million dollar properties in locations like Barcelona, her hometown of Barranquilla, and Miami, where she listed a waterfront mansion for $15.9 million in 2021.

Her diverse real estate holdings likely comprise a substantial portion of her $300 million net worth and serve as long-term assets. This portfolio diversifies her revenue streams beyond the entertainment industry.

Sale of Music Catalog to Hipgnosis

In 2021, Shakira sold the rights to her entire music catalog to Hipgnosis Songs Fund Limited, a UK-based investment and management company. Though the exact amount Shakira received was not disclosed, Hipgnosis is reported to have spent over $1 billion acquiring catalogs from various high-profile artists.

According to Forbes, Hipgnosis acquired the rights to Shakira’s 145-song catalog as part of a surge in investment in music rights. The deal was brokered by mergers and acquisitions specialist Cory Gregory, marking one of the largest acquisitions of Latin American music rights to date.

While full details were not revealed, analysts estimate the sale amounted to a nine-figure sum for Shakira. It comprised the entirety of her life’s work as a songwriter and recording artist. This deal substantially increased Shakira’s net worth, estimated to be around $300 million as of 2023.

Overall, Shakira’s lucrative sale to Hipgnosis Signals growing recognition of the value of music catalogs as an asset class. It exemplifies the massive sums artists can gain from strategically monetizing their creative work through music rights deals.

Multi-Million Dollar Deal With Live Nation

In 2012, Shakira signed a monumental $30 million partnership with Live Nation for a 10-year deal encompassing all aspects of her career, including recordings, touring, merchandise, and management. The deal provided Live Nation the rights to promote and produce all of Shakira’s tours, albums, merchandising, sponsorships, and more.

This was one of Live Nation’s biggest contracts for an individual artist at the time. The deal propelled Shakira’s stardom and cemented her status as a global pop icon.

Other Side Hustles

Beyond music, Shakira has crafted diverse revenue streams through business ventures, endorsements, and side hustles. She has partnered with brands like Coca-Cola, Huawei, and Philips as a spokesperson. Shakira has also launched ventures like a perfume line, books, merchandise, and more.

Her entrepreneurial pursuits in new industries have provided her with steady income outside of recording and touring. They showcase her business acumen and ability to capitalize on her celebrity in multiple arenas.

Tax Evasion Charges and Legal Issues

In 2022, Shakira was charged with tax fraud in Spain and accused of failing to pay 14.5 million euros ($15.5 million) in taxes between 2012 and 2014. Spanish prosecutors claim she spent more than half that time period living in Spain and should have paid taxes in the country, which Shakira denies. She rejected a settlement deal, and the case is ongoing.

Shakira also faced accusations of tax evasion in the Bahamas in 2018 when she was named in the Paradise Papers leaks. This is related to a Bahamas-based company she allegedly used to conceal assets. However, her PR firm denied any wrongdoing.

Other Controversies of Shakira

[Video Credits @Top 10 Beyond The Screen]

Here is an overview of some of the controversies and legal issues Shakira has faced during her career:

• In 2014, Shakira was sued for $250 million by her ex-boyfriend and agent, Antonio de la Rua. He claimed he was owed commissions from her business ventures after their 2010 breakup. The lawsuit was later dismissed in Shakira’s favor.
• In 2006, she faced plagiarism accusations over her hit song Hips Don’t Lie from a Dominican songwriter named Omar Ocasio. He claimed it was based on one of his songs which Shakira denied. The lawsuit was settled out of court in 2011.
• Shakira’s sexually suggestive lyrics and dance moves, especially earlier in her career, have drawn some controversy as being inappropriate for younger audiences. However, this criticism has faded over time.
• She was also accused of risking Pygmy people’s lives in Uganda during a visit there in 2014 by allegedly failing to obtain proper clearances first. Her PR firm denied this claim as well.

Final Words

Through hard work and dedication, Colombian singer and pop star Shakira has achieved astounding success in her music career. As of 2023, the international superstar enjoys a net worth estimated at $300 million dollars.

This is mainly due to her album sales, touring income, endorsements, hosting gigs, and sale of her music catalog to Hipgnosis Music Group back in 2020. She also receives a multi-million dollar salary from The Voice for judging purposes, as well as numerous side hustles.

Despite legal fees relating to tax evasion charges falling on Shakira’s balance sheet periodically throughout the years, she still comes out ahead by virtue of smart investments made into real estate and other ventures that show no signs of slowing down anytime soon! With upcoming projects in the works plus a plethora of singles set for release this year – fans have lots to look forward to from one of Latin America’s most beloved icons!