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How Shakira Achieved a Net Worth of $300 Million

Shakira

No one would argue the fact that Shakira is easily one of the most recognized singers in the United States, as well as in Latin countries. She's made a name for herself for being able to outperform most of her contemporaries, as even those who don't routinely follow her music are well aware of who she is and what she does. Recently, it was announced that her net worth has reached $300 million. This has left a lot of people wondering what she has done to achieve that dollar amount. After all, even famous musicians have struggled to achieve a net worth so high, so it only makes sense that people might be wondering how she's managed to pull it off.

Net Worth$300 Million
NameShakira Isabel Mebarak Ripoll
Age43
BornBarranquilla
Birth DateFebruary 2, 1977
Source of WealthColombian Singer-Songwriter, Dancer, Actress and Philanthropist
CountryColombia

In order to better understand it, it's necessary to understand some of the history related to her performances. Keep in mind, she started singing at a very young age. She was encouraged by her father to perform and even started singing locally as early as 10 years old. She started performing in earnest back in 1990, and she's never looked back since. During that time, she has released one album after another and she is almost constantly on tour. This alone has generated a great deal of income. Her albums are popular and no one would ever dispute that fact. That makes it a lot easier to earn more money, but the real cash cow comes in the performances. People like Shakira can command virtually any price they want for doing a concert. When several of those concerts are performed on a weekly basis, it's easy to start accumulating a great deal of money over a fairly short period of time.

Of course, she's not only involved in singing and performing. As a matter of fact, she is involved in a lot of additional activities, not the least of which include serving as a host and a judge on other television shows, all of which she received compensation for. She's also been involved in a number of television and film projects, ranging from Latin American based soap operas to movies and even as a featured character on an Angry Birds game. When you consider all of these activities, along with a line of clothing that she is involved in, it's easy to understand how she can begin to accumulate such a large amount of money.

In the end, there really is no substitute for good, old-fashioned hard work. That's precisely what she's been doing for years. Remember, she started performing in 1990 and it's now 2018. That means that she's been actively working without much of a break for 28 years straight. When you consider the length of time involved and the amount of projects that she has participated in, it's not such a big surprise that she's accumulated a net worth of $300 million. Of course, it doesn't hurt anything that she knows how to invest her money wisely and she's been doing so over the course of her career. This has given her the ability to make money even during the short period of time where she wasn't performing. Truth be told, she probably could have retired years ago and not had an issue as far as finances are concerned. At this point in her career, she continues to be so active because she enjoys it, not because she does it out of necessity.

$300 million is a great deal of money but it's not like she accumulated that much cash overnight. She just happens to have a job where she gets paid more than most people do. Aside from that, she doesn't really do anything much different than anyone else. She gets up and goes to work everyday and she make sure that she does her best each and every time she goes at it. That is really what has earned her such a high net worth. She's created a brand for herself and people know that when they hire her to do a job, they can trust that it will be done correctly. She worked hard to create that reputation and now, when you look at her net worth, you can see how much all of that hard work has paid off.

Garrett Parker

Written by Garrett Parker

Garrett by trade is a personal finance freelance writer and journalist. With over 10 years experience he's covered businesses, CEOs, and investments. However he does like to take on other topics involving some of his personal interests like automobiles, future technologies, and anything else that could change the world.

Read more posts by Garrett Parker

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