Jennifer Lopez is one of the most famous figures in the entertainment industries. As a result, it should come as no surprise to learn that she is believed to have a high net worth, so much so that it is estimated to be $380 million. Whether that is an exact figure or not, it gives interested individuals a good idea of the general scale of Lopez’s wealth. So how did Lopez achieve such a high figure?
First, Lopez is known to a lot of people because of her music career. However, it is interesting to note that her music career is very much paired with her acting career. In short, Lopez came from humble beginnings in the Bronx. She and her two sisters received instruction in both singing and dancing. Moreover, her parents encouraged them to sing and dance so that they would have something to occupy their time and thus lower the chance of them potentially getting into trouble, which is not counting how Lopez was very athletic, so much so that she actually competed in track on a national level when she was still in high school. Eventually, Lopez became interested in becoming a movie star, which led to her playing a number of roles in a number of musicals.
Over time, Lopez did a wide range of other jobs in the entertainment industries as well. For example, she was a backup dancer for New Kids on the Block at one point in time. Likewise, she has done everything from acting as a choreographer to playing various roles in various productions. It wasn’t until Lopez was chosen to play Selena in the Selena biopic that she had a true break-through, as shown by the fact that she became the highest-paid Hispanic actress at that point in time with a salary of $1 million. Moreover, the biopic proved to be successful enough that she managed to secure a music deal. Something that was considered to be a real gamble in those times because the perception was that Lopez has managed to secure the music deal because of her looks rather than her musical talent, meaning that a failure would’ve damaged her career.
As it turned out, those doubts were ill-founded because Lopez’s musical debut was a huge success. For proof, look no further than the fact that she managed to become the first artist to hit number one on the Billboard Hot 100 with a debut since Britney Spears. Moreover, her initial success wasn’t an isolated incident, as shown by other successful songs from her initial album as well as many of the songs that she has released since that time. However, while Lopez has made a lot of money from her music as well as her music-related activities, there is good chance to think that makes up no more than a portion of her net worth.
After all, Lopez has numerous other sources of revenue. For example, Lopez is believed to have earned between $12 and $20 million per season of American Idol in which she acted as a judge, which came with a bonus of boosting her career in the entertainment industries. Likewise, Lopez’s salary for Shades of Blue is believed to be measured in the tens of millions as well. Besides these, Lopez has more revenue sources in the form of other projects, which include both new music and new shows, as well as various products such as clothing, accessories, and perfume. This is without considering that Lopez has a production company as well called Nuyorican Productions, which is involved in the making of both movies and TV shows. Summed up, it is no wonder that Lopez has an estimated net worth of $380 million, seeing as how she has been both very busy and very successful for a long, long time.
Future for Lopez
Currently, Lopez has a number of projects coming out, which is natural because her career is at a high point. As a result, while her estimated net worth is $380 million at this point in time, it seems probable that said figure will continue to climb at a remarkable pace, though the exact rate at which it will climb remains to be seen.