How Fantasia Barrino Achieved a Net Worth of $5 Million
Fantasia Barrino is an American actress, R&B singer, and songwriter. She is best known as the youngest American Idol winner from when she won the third season of the reality show. In 2004, after her American Idol win, Fantasia recorded her first single titled I Believe, which peaked at number 1 on the Billboard Hot 100 chart. She has released seven studio albums so far and has an impressive net worth. In this post, we will tell you how Fantasia Barrino Net Worth got to $5,000,000.
Early Life
Fantasia Barrino was born on 30 June 1984 in High Point, NC. Her mother’s name is Diane Barrino, and her father’s is Joseph Barrino. Fantasia began singing at the age of 5 and, since then, music has always been a vital part of her life. She studied at Andrew’s High School located in High Point, North Carolina, but was forced to leave the school after being raped by a high school classmate and couldn’t handle the shame associated with the unfortunate incident. Fantasia had her first child at the age of 16. Her uncle was a member of the famous 1970 R&B band “The Barrino Brothers,” She is also the first cousin of the popular R&B duo K-Ci & JoJo.
Career
Fantasia Barrino began her music career at the tender age of 5 and later rose to fame in 2004 after winning the third season of American Idol. She made history as the youngest American Idol winner at that time, which largely contributed to her signing several music contracts. For instance, she landed a deal with Sony Music Entertainment at 19 and another $ 1,000,000 contract with J records. As she sang with a number of record labels, Fantasia was able to release numerous musical tracks and albums. One of her most successful singles, I Believe, topped the Billboard Hot 100 chart. In November 2004, she released her first studio album, Free Yourself, which performed exceptionally well, selling about 240k copies within the first week of its launch. Fantasia Barrino has also won the BOE Global Artist Award and a Grammy Award.
Earning Highlights
Fantasia Barrino is a great musician, actor, and songwriter. Generally, she attained her net worth of $5 million through the following ventures:
- Acting
- Real Estate
- Music
- Musical Tours
Music Earnings
Most of Fantasia’s wealth can be traced back to her music career, which has been extensive and lucrative, to say the least. As mentioned, her international music career began in 2004 when she won the third season of American Idol. The winning prizes for the American Idol award at that time included a cash prize of $250,000 and an extension of $1,000 on a weekly basis while recording.
Still, in 2004, Fantasia released her first solo track, I Believe, under her $1 million contract with J records. After its release, the single performed extremely well and was also featured in her first music studio album Free Yourself, which was certified Platinum by RIAA. To date, Fantasia has released seven studio albums, all of which have helped her achieve a net worth of 5 million.
In 2004, Fantasia received the Billboard Music Award after her single “I Believe” topped their charts. In 2005, she was awarded the NAACP Image Award and the Vibe Music Award. Later in 2006, Fantasia got short-listed for 3 Grammy Awards thanks to her first bestselling music studio album. She then released her second studio album dubbed Fantasia that featured hit singles such as When I See U, which stayed at number 1 on the Billboard Hot R&B/Hip-Hop Songs for eight consecutive weeks.
It received Gold certification from the RIAA in 2008. In 2008, Fantasia made a guest appearance on Jennifer Hudson’s song I’m His Only Woman. In 2010, she released her third studio album Back to Me that featured the hit single Bittersweet. Bittersweet was a top 10 R&B chart hit and won her the Grammy Award for the Best Female R&B Vocal Performance. In 2011, Fantasia was ranked as No.32 out of 100 in VH1’s list for the Greatest Women in Music.
Musical Tours and Collaborations
Fantasia Barrino has been involved in numerous musical tours and collaborations throughout her music career. Some of these Music Tours include “Side Effects of You Tour,” “Unpredictable Tour,” “Back to Me Tour,” “2003 World Tour,” “Touch the Sky Tour,” and many others. These musical tours have not only helped increase her net worth but have also grown her fan base immensely.
In 2018, Fantasia Barrino performed at Aretha Franklin’s funeral. The following month, she collaborated with Andra Day and Yolanda Adams to pay a special farewell tribute to the late Queen of Soul at the 2019 Grammy Awards event. Between 2007 and 2014, Fantasia starred in several musicals, such as ‘The Color Purple’ and ‘After Midnight.’ In 2014, Barrino was inducted into the NC Music Hall of Fame.
Acting Career
Fantasia is also a successful actress in the American filming industry. To date, she has been cast in 16, where she either played a role or contributed to the soundtrack. She was also the lead writer of “Life is Not a Fairytale,” an autobiography in which she stars. According to the Chicago Tribune, Fantasia is proud of her work and achievements on Broadway, including her role as Celie in “The Color Purple” and in “After Midnight.” All of these acting jobs have contributed significantly to her net worth.
Real Estate
Fantasia made some of her money from profits from the sale of her assets. In 2004, she purchased a 4.541 sq. foot piece of property for $740,000. The property is located in Charlotte, North Carolina. In 2018, she sold it for $465,000. In 2007, she bought the 6,600 sq. foot Charlotte Mansion for $1.3 million and later sold it at a greater price.
Conclusion
Although she has not publicly disclosed her annual earnings, Fantasia Barrino Net Worth can primarily be attributed to her successful music career, acting career, asset sales, and stage performances and collaborations. Currently, Fantasia has released seven studio albums that have performed very well. She continues to make good music and business decisions, and her net worth will likely keep rising.
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Written by Allen Lee
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