How Alicia Keys Achieved a Net Worth of $70 Million

Alicia Keys

Alicia Keys, born Alicia Augello Cook, is a singer and entertainer that some declare is an American diva. Obviously this has both negative and positive connotations, so for the purposes of this article we will stay positive. Currently married to Swizz Beatz, she is the mother of two children from his previous marriage. When looking at her net worth we will separate her $70 million valuation from that of any of her husband’s.

Her main source of income and stairway to achieving her current net worth has been through her music albums and tours. Every year with the exception of 2006, Keys has found a way to increase her fortune by the millions of dollars, either through the release of a major album or through touring. Here is a list of her major singing and touring revenue between 2001 and 2012.

  • 2001 – Songs in A Minor: $12.7 million
  • 2002 – Songs in A Minor Tour: $10 million
  • 2003 – The Diary of Alicia Keys: $8.5 million
  • 2004 – The Verizon Ladies First Tour: $22 million
  • 2005 – The Diary Tour: $10 million
  • 2006 – on hiatus
  • 2007 – As I Am: $5.3 million
  • 2008 – As I Am Tour: $32 million
  • 2009 – The Element of Freedom: $4.2 million
  • 2010 – The Freedom Tour: $29.4 million
  • 2011 – The Piano and I Tour: $228,162
  • 2012 – Girl on Fire: $637,000
  • 2013 – The World on Fire Tour: $44 million

The total of these albums and concerts is almost $170 million. Other than Songs in A Minor, her tours have brought in considerably more than the single or album connected with the tour, emphasizing her popularity and the quality of her concerts. The lone exception was in 2011, but that tour was intentionally limited to five concerts in four cities – Paris, London, New York, and Los Angeles – to commemorate the 10th anniversary of Songs in A Minor.

Keys has also written a book, “Tears of Water” which is a collection of poetry, lyrics, and personal thoughts on life. Its publishing would add another $500,000 to her total net worth.

When reading her book it is clear that her road to success has been filled with a number of challenges. Even at an early age she had to deal with her parents divorcing when she was only two years old. She demonstrated having talent as a teenager, performing songs when she was just 14. That talent would not go unnoticed for long.

In 1994 she signed a contract with Columbia Records followed by an unassociated enrollment at a university of the same name. But her heart was more into performing than academics, so she would drop out and sign a deal with So So Def Recordings that would result with her writing and performing one of the sings in the soundtrack of Men in Black. After moving on to yet another record company, J Productions, she would find herself adding to the soundtracks of the movies  Shaft and Dr. Dolittle 2. It wouldn’t be until 2001, 7 years later and looking for the best recording label for her talents, that she would cut her first album, Songs in A Minor.

2006 would be the year Alicia Keys would make appearances in silver screen motion pictures. The first, Smokin’ Aces with Ben Affleck, Andy Garcia, and Ryan Reynolds would lead to a second, The Nanny Diaries where she would star alongside the well-known actors Chris Evans and Scarlett Johansson.

Though Keys is not necessarily an active investor, she has accumulated several quality tangible investments. She owns a mansion in New Jersey worth an estimated $15 million, and a home in Phoenix, Arizona worth an estimated $3.2 million. We presume she is a snowbird, preferring to spend the winter months in her Phoenix abode.

Another characteristic of Alicia’s personal taste is her fancy for quality cars. She owns a Lotus Evora GTE worth $150,000 and a Fisker Karma, given to her as a present from husband Swizz Beatz.

Though there are no confirmed revenue estimates that Keys makes off of her social media accounts, it is known that she is active both on Twitter (30.3 million followers) and Instagram (11.8 million followers).

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