How Justin Timberlake Achieved a Net Worth of $230 Million
According to various financial documents and records, Justin Timberlake has a net worth of $230 million. I, for one, am not the least bit surprised. First Justin has been in the entertainment business since he was a kid, so he has had access to high earnings for longer than most people have had earning potential at any level. What is interesting is how the child actor turn international pop star has amassed such wealth. When you hear about the exorbitant net worth of some entertainers, you rarely hear the name of Justin Timberlake, who has quietly amassed quite the fortune. As it turns out, it is not by chance that Justin is doing so well.
Net Worth $230 Million
Name Justin Randall Timberlake
Age 38
Born Memphis, Tennessee
Birth Date January 31, 1981
Source of Wealth Singer, Song Writer, Actor, Dancer, Record Producer
Country United States
Let’s start at the end and move backward for just a second. Currently, Justin is on his Man of the Woods tour. He is not even halfway through the schedule and he has already raked in millions of dollars. When this tour is over, the millions that Justin has earned from the tour will be added to his net worth. Speaking of tours, Justin has had quite a few of them — all the way back to his boy-group days. With that in mind, it is safe to say that touring has contributed heavily to his net worth. The current tour, alone, has already earned $36.6 million and that number will likely double by the time the tour is over. According to Billboard, the tour could actually make as much as $275 million from a total of 112 concerts across the globe.
Timberlake started earning money as an entertainer as a child as a part of the famed Mickey Mouse Club until the show was canceled. At the age of 11, a young Justin made an appearance on Star Search, which was the 80s version of American Idol. After Justin left the Mickey Mouse Club, he joined up with the rest of the guys to form ‘N Sync. ‘N Sync would become one of the most successful boy bands in history — will album sales exceeding 30 million units.
Justin was getting warmed up during his run with ‘N Sync. After the group disbanded, he launched a solo career that has been nothing short of amazing. In 2002, Justing released his first solo album, “Justified.” The album sold more than seven million copies, earning Justin a cool $10 million. Justing has followed up his first album with three additional albums. His sophomore effort produced more than 10 thousand album sales, earning Justin $15 million in the process.
With the third album, “The 20/20 Experience,” Justin experienced a significant decline in album sales, only moving 2.4 million units, but it still earned him $3 million. That is not shabby in my opinion.
Where J.T. has done very well is with his tours. He has a number of successful tours. He teamed up with female powerhouse Christina Aguilera to launch the “Justified and Stripper Tour.” That tour earned $45 million in ticket revenue. Justin did even better with his “FutureSex/LoveShow” tour, where the tour earned $127.8 million. He has toured with rapper, Jay-Z, on more than one occasion.
Justin has also made some nice money making movies. When you mention Justin’s name, very few people even think about movies, but he has actually starred in at least six films and some of those films did well. “The Social Network earned $224.9 million at the box office and Bad Teacher earned $216.2 million. Justin has proven that he has range and talent, and he is using it to the best of his ability.
So, is the music and film industry the only way that Justin has earned his current net worth? Actually, Justin has a reputation for being a very astute businessman. He has made a number of investments in companies, including investing Bai, a flavored water company. Justin will also be the face of Bai’s marketing campaign with an estimated budget of $100 million.
Justin has also played his hand in the technology industry and the fashion industry, so he has been pretty busy. There are some experts who project that Justin’s net worth could eventually exceed the half-billion mark before its all over. According to J.T., there is so much left for him to do that he is not even close to thinking about slowing down.