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Shakira Net Worth - How Did The Latin Superstar Amass Her Fortune?

Dive into the rhythmic world of Shakira net worth! Discover how this iconic Colombian singer's wealth soared to new heights through music, entrepreneurship, and philanthropy. Uncover the secrets behind her extraordinary success and the impact she's making on both the charts and the world at large

Author:Suleman Shah
Reviewer:Han Ju
Oct 16, 2023
8.5K Shares
406.3K Views
Shakira, the Colombian music sensation, is a name that resonates across the globe. Known for her distinctive voice, captivating dance moves, and undeniable charisma, she has risen to the pinnacle of the music industry. Her journey from a young talent in Barranquilla to a worldwide superstar is a testament to her incredible talent and unwavering dedication. One aspect that has garnered significant attention is Shakira net worth, a reflection of her success not only in music but also in various business ventures and philanthropic endeavors.
In this article, we will delve into the fascinating world of Shakira net worth, exploring the sources of her wealth and the impact she has had on both the music industry and society at large.

Quick Facts About Shakira

NameShakira Isabel Mebarak Ripoll
BirthdayFebruary 2, 1977
ProfessionSinger
Net worth$300 million

Early Life Of Shakira

Shakira Isabel Mebarak Ripoll is a famous artist who was born on February 2, 1977, in the lively city of Barranquilla, Colombia. Her stage name is "Shakira." The word "grateful" in her name in Arabic shows how deeply her unique cultural background and deep thanks affect her daily life.
Shakira's family tree is an interesting mix of Spanish, Italian, and Lebanese roots. Moving from Lebanon to New York City, where her father, William Mebarak Chadid, was born, was a big trip for her paternal grandparents. Shakira's father moved to Colombia when she was five years old. This was the first of many cultural experiences that would shape her personality. Nidia Ripoll Torrado, her mother, brought Spanish (Catalan and Castilian) and Italian roots to the family.
Shakira went to Catholic schools because she grew up in a Roman Catholic family. She wasn't the only child; her father had eight older half-siblings from a previous marriage, which made her family even more complicated.
Growing up, Shakira lived in the busy city of Barranquilla, which is on the northern Caribbean coast of Colombia. It was here that she fell in love with writing for the first time. At the age of four, she wrote her first song, "La Rosa De Cristal" (The Crystal Rose). Her father wrote stories on a typewriter, which inspired her. When she was seven, her parents gave her her own typewriter as a Christmas present. This started a lasting love of poetry that would later become the powerful lyrics of her songs.
When Shakira was four years old, she went to a Middle Eastern restaurant with her father and heard the mesmerizing sounds of the doumbek, a traditional drum used in Arabic music and often paired with belly dance. She couldn't help but dance on the table because the music was so good. This was the first time she became interested in belly dancing and wanted to become a professional.
Shakira quickly became known at school as "the belly dancer girl" because she showed off her dance skills to her friends every Friday. She also loved singing, and so did her classmates and teachers. But her journey did have some rough spots. In second grade, she was turned down for the school band because her voice had too much vibrato. The music teacher made fun of her by saying that her voice sounded like a goat.
She had problems at school that weren't just because she could sing well. Shakira had trouble with ADHD, and she was often kicked out of class for being too hyperactive. But these early problems wouldn't stop her from pursuing her artistic goals.
Shakira started getting noticed for her singing at events in Barranquilla when she was 10 to 13 years old. She quickly caught the attention of Monica Ariza, a local theater director who saw her star potential and wanted to make her famous.

Career Of Shakira

Shakira wearing a blue denim top
Shakira wearing a blue denim top
Shakira's musical journey is a remarkable tale of persistence, talent, and international acclaim. Her debut album, "Magia," which she released at the tender age of 13 in June 1991, was a heartfelt collection of songs she had been crafting since the age of eight. Although the album gained notable traction on Colombian radio and provided the young Shakira with her first taste of exposure, it didn't experience commercial success, with only 1,200 copies sold worldwide. Her second album, "Peligro," released in 1993, faced a similar fate.
However, the tide began to turn with the release of "Pies Descalzos" in 1995, followed by "Donde Estan los Ladrones?" in 1998. Both albums became massive hits in Spanish-speaking countries, laying the foundation for Shakira's rise to international stardom. It was her fifth album, "Laundry Service," released in 2001, that marked her entry into the English-language market. This album not only sold over 20 million copies but also spawned international chart-toppers, including "Whenever, Wherever" and "Underneath Your Clothes."
Shakira's success continued to surge with a string of hit albums, both in Spanish and English. "Fijacion Oral, Vol. 1" (2005), "Sale el Sol" (2010), and "El Dorado" (2017) all dominated the Billboard Top Latin Albums charts and received diamond certifications from the Recording Industry Association of America. Her English albums, such as "Oral Fixation Vol. 2" (2005), "She Wolf" (2009), and "Shakira" (2014), achieved gold, platinum, or multi-platinum status in various countries across the globe.
Her chart-topping singles, including "La Tortura," "Hips Don't Lie," "Beautiful Liar," "Waka Waka (This Time for Africa)," "Loca," and "Chantaje," have not only earned her a legion of fans but also solidified her position as one of the most influential musical artists of our time. In 2022, she was honored with the Special International Award at the Ivor Novello Awards, recognizing her extraordinary contributions to songwriting and music.
Shakira's impact on the music industry is undeniable, with more than 125 million albums sold worldwide. She holds the distinction of being the second most successful Latina singer in history, following in the footsteps of the legendary Gloria Estefan.
In 2009, Billboard hailed her as the Top Female Latin Artist of the Decade, solidifying her place among the music industry's elite. Her global reach is evident in her status as the most-streamed Latin artist on Spotify and one of only three female artists with two YouTube videos surpassing two billion views.
Shakira's journey is a testament to her unwavering dedication to her craft and the incredible impact she has made on the music world. Her legacy is one of groundbreaking success and an enduring influence that continues to captivate audiences around the world.

Awards And Achievements Of Shakira

Shakira, the Colombian music sensation, has been a dominant force in the music industry for decades. Her awards and achievements are a testament to her exceptional talent and worldwide impact. Here's a glimpse into the numerous accolades and recognitions she has received throughout her illustrious career:

Grammy Awards

  • Best Latin Pop Album (2001)- Shakira won her first Grammy Award for "Shakira - MTV Unplugged," which showcased her acoustic prowess.
  • Best Latin Pop Album (2006)- She won another Grammy for "Fijación Oral Vol. 1," an album that showcased her lyrical and vocal abilities.
  • Best Latin Pop Album (2018)- Her album "El Dorado" earned her yet another Grammy Award, highlighting her continued excellence in Latin pop music.

Latin Grammy Awards

  • Record of the Year (2006)- "La Tortura," a collaboration with Alejandro Sanz, won Shakira this prestigious award.
  • Album of the Year (2006)- Her album "Fijación Oral Vol. 1" received this esteemed honor.
  • Best Female Pop Vocal Album (2006)- In the same year, she also won the Latin Grammy for her album "Fijación Oral Vol. 1."
  • Best Contemporary Pop Vocal Album (2006)- Her live album "Oral Fixation Tour" received recognition in this category.
  • Person of the Year (2011)- Shakira was honored for her contributions to music and philanthropy.

MTV Video Music Awards

  • Video of the Year (2006)- "Hips Don't Lie," featuring Wyclef Jean, earned her this prestigious award.
  • Best Choreography (2006)- Her incredible dance moves in "Hips Don't Lie" also earned her this accolade.

Billboard Music Awards

  • Hot Latin Songs Artist of the Year (2006)- Recognizing her dominance of the Latin music charts.
  • Top Latin Albums Artist of the Year (2006)- A testament to her influence in the Latin music industry.
  • Female Latin Pop Airplay Artist of the Year (2006)- Shakira's songs dominated the airwaves in this category.
  • Top Latin Albums Artist of the Year, Female (2006)- A testament to her continued success in Latin music.

Billboard Latin Music Awards

  • Songwriter of the Year (2006)- Recognizing her talent not just as a performer, but also as a songwriter.
  • Album of the Year (2018)- "El Dorado" received this prestigious award.
  • Social Artist of the Year (2018)- Shakira's influence extended beyond music to social engagement.

Hollywood Walk Of Fame

Star on the Hollywood Walk of Fame (2011)- A permanent marker of her impact on the entertainment industry.

Ivor Novello Awards

Special International Award (2022)- In recognition of her incredible success as one of the most influential songwriters and musical artists worldwide.

Shakira Net Worth

It is thought that Shakira will have a net worth of $300 million in 2023.
It's clear that Shakira's main source of wealth is her music, both recording and presenting it. Not only is she a great singer and performer, but she also writes or co-writes most of her own songs. This means she gets more royalties than artists who don't have those titles. She also signed a $30 million deal with Live Nation and Sony for three albums in 2012.
Shakira has worked in TV as well as music. She was a teacher on The Voice twice and was on NBC's Dancing With Myself for one season.

Endorsements Of Shakira

Shakira wearing a gold dress
Shakira wearing a gold dress
Shakira's star power extends far beyond the stage and recording studio. With her global appeal, distinctive charm, and heart dedicated to philanthropy, she has been sought after by numerous brands for endorsements and partnerships. Here are some notable endorsements that have showcased her versatility and influence:

Oral-B

Shakira's radiant smile has graced the advertisements of Oral-B, one of the world's leading dental hygiene brands. Her role as a brand ambassador for Oral-B not only highlights her striking beauty but also underscores the importance of oral health, a message that resonates with her fans worldwide.

Pantene

Renowned for her luscious, signature locks, Shakira partnered with Pantene to become the face of their hair care products. Her involvement with the brand has not only promoted healthy and beautiful hair but has also empowered women to embrace their natural beauty.

Reebok

As a global icon of style and fitness, Shakira teamed up with Reebok to promote their athletic wear and inspire individuals to lead active and healthy lifestyles. Her Reebok partnership not only focuses on fashion but also highlights the importance of physical fitness and well-being.

T-Mobile

In the fast-paced world of telecommunications, Shakira's partnership with T-Mobile was a powerful statement. Her endorsement of the brand demonstrated her connection with modern technologyand her accessibility to fans, using her reach to bridge the digital divide.

Tax Fraud Charges Of Shakira

In November 2017, Shakira's name found its way into the infamous Paradise Papers, revealing her as the sole shareholder of a company engaged in the transfer of music rights amounting to a staggering $30 million. This revelation raised eyebrows and set off a series of financial investigations into her affairs, particularly by Spanish authorities in 2018.
As the scrutiny intensified, prosecutors honed in on a pivotal point of contention. Despite having declared the Bahamas as her legal residence, they alleged that Shakira had, in fact, spent more than six months residing in Spain between 2012 and 2014. During this time, she did not contribute her share of taxes to the Spanish government. The hefty sum that she was accused of owing stood at an eye-watering $13.9 million in taxes connected to those specific years.
Shakira, however, did not back down from the financial scrutiny. She firmly maintained that she had fulfilled her financial obligations and, in addition, had paid $2.8 million in interest to settle the matter.
In September 2023, the legal tussle took a fresh twist as Spanish prosecutors leveled another charge against the global music sensation. This time, they alleged that she had failed to remit $7.1 million in taxes on her 2018 income. This new charge added yet another layer of complexity to the ongoing legal proceedings, further underscoring the intricacies of Shakira's financial entanglements.

Real Estate Properties Of Shakira

Shakira wearing a black dress
Shakira wearing a black dress
In 2018, Shakira made waves in the real estate market by listing her striking minimalist mansion in Miami for a substantial $11.6 million. The property, encompassing a generous 20,726 square feet, is nestled along Miami's prestigious North Bay Road, boasting breathtaking views of the tranquil waters and an impressive 100 feet of direct access to the picturesque Biscayne Bay. This contemporary gem features a sprawling 8,708-square-foot home, offering six luxuriously appointed bedrooms and an impressive seven-and-a-half bathrooms.
It's a neighborhood that boasts an illustrious roster of A-list neighbors, including the likes of Matt Damon, Ricky Martin, Jennifer Lopez, Alex Rodriguez, and Michael Bay.
However, the dynamics of Shakira's real estate portfolio have seen significant shifts in recent years. Following her split from Gerard Piqué in 2022, the couple made the decision to part ways with their opulent $16 million home in Barcelona. Shakira, along with her sons Milan and Sasha, embarked on a fresh chapter by choosing to return to the vibrant and welcoming embrace of Miami.
Reports suggest that she's currently renting a magnificent $15 million waterfront home, a temporary residence as she explores the possibility of acquiring a new mega mansion in the range of $50 million. Her properties extend beyond Miami and Barcelona; she also maintains a residence in the Bahamas, underscoring her global lifestyle and affinity for stunning, waterfront locations.

Philanthropy And Charity Of Shakira

Shakira, beyond her immense musical talents, is renowned for her deep commitment to philanthropy and charitable endeavors. Her compassion and dedication to making a positive impact on the world have manifested in various initiatives and causes. Here's a closer look at the philanthropic work of this global superstar:
  • Pies Descalzos Foundation -One of Shakira's most notable philanthropic endeavors is the Pies Descalzos Foundation (Barefoot Foundation). Established in 1997, the foundation's primary mission is to improve the quality of education for underprivileged children in her home country of Colombia. By constructing schools and promoting educational opportunities, the foundation has impacted the lives of thousands of children, providing them with access to quality education and essential support services.
  • ALAS Foundation -Shakira co-founded the ALAS Foundation (América Latina en Acción Solidaria) in 2006. This organization brings together artists and business leaders to advocate for early childhood development in Latin America. Their efforts have raised awareness about the importance of investing in the well-being and education of young children, with the goal of breaking the cycle of poverty in the region.
  • UNICEF- Shakira serves as a UNICEF Goodwill Ambassador. Her work with UNICEF involves advocating for children's rights, education, and health, particularly in the most disadvantaged areas of the world. She has been an outspoken champion for early childhood development and access to quality education.
  • Fundación Colombia -Through her collaboration with Fundación Colombia, Shakira has worked to improve the living conditions of the most vulnerable populations in Colombia. The foundation focuses on addressing issues such as malnutrition and inadequate access to clean water, playing a vital role in improving the overall well-being of marginalized communities.
  • Barefoot Foundation School in Barranquilla -One of the flagship projects of the Pies Descalzos Foundation is the construction of a state-of-the-art school in Barranquilla, Shakira's hometown. This educational institution, with its modern facilities and innovative programs, stands as a symbol of its dedication to providing quality education to those who need it the most.
  • Emergency Relief -Shakira has also lent her support to various emergency relief efforts. She contributed to disaster relief following events like the devastating earthquake in Haiti in 2010, demonstrating her commitment to helping those affected by crises.

Personal Life Of Shakira

Shakira wearing a blue dress and Gerard Pique wearing a black suit
Shakira wearing a blue dress and Gerard Pique wearing a black suit
A lot of people have been interested in and changed by Shakira's personal life over the years. For a long time, she was with Argentinian lawyer Antonio de la Rua. More recently, she has been with Spanish football player Gerard Piqué. Her love life has had both highs and lows.
Shakira was in a relationship with Antonio de la Rua for 11 years, from 2000 to 2011. This was a big part of her early life. In a 2009 interview, Shakira said that their bond was strong and similar to that of a married pair, stressing that they didn't need any official papers to prove it. Although they were no longer dating, de la Rua continued to support Shakira's professional and business goals.
In 2011, Shakira started dating Gerard Piqué, a Spanish football player. This was a new turn in her love life. Piqué is a ten-year-old boy who is better known for his great career with FC Barcelona and the Spanish national team. In the spring of 2010, he was in the music video for her hit song "Waka Waka (This Time for Africa)," which was the official song of the 2010 FIFA World Cup. That's when they started dating.
Their bond grew stronger, and Shakira and Gerard had two sons together. Milan, their first boy, was born on January 22, 2013. Sasha, their second son, was born on January 29, 2015. Fans all over the world were captivated by their love story, which represented a beautiful union of music and sports.
Even though everyone was excited about their relationship at first, Shakira and Gerard announced they were splitting up in June 2022. This was a big change in both their personal lives and how people saw their relationship.

Lesser Known Facts About Shakira

  • Shakira is not only fluent in Spanish and English but also speaks several other languages, including Portuguese, Arabic, and Italian. This linguistic versatility has allowed her to connect with a diverse global audience.
  • Before she was a singer, Shakira began writing poetry at a very young age. Her early poetic endeavors eventually evolved into the lyrics of her hit songs.
  • Shakira possesses an impressive IQ of 140, placing her in the category of highly intelligent individuals. Her intellect extends beyond her musical talents.
  • Shakira's mesmerizing dance moves are not just for show. She is a skilled belly dancer and has incorporated this dance form into her performances.
  • She is not just the face and voice of her albums; Shakira has also taken on the role of producer for several of her records, giving her a high degree of creative control over her music.
  • Shakira has several tattoos, and each one has a significant meaning. One of her tattoos is a Hebrew phrase that means "I belong to my beloved, and my beloved is mine," and it represents her spiritual connection.
  • In her youth, Shakira was part of her school's Model United Nations team, a program that simulates the workings of the real United Nations and focuses on diplomacy and international relations.
  • Shakira's father is of Lebanese descent, and her given name, "Shakira," means "grateful" in Arabic. Her multicultural background has had a profound influence on her music and identity.
  • Shakira is the only artist to have performed the official theme songs for two consecutive FIFA World Cups. She sang "Waka Waka (This Time for Africa)" in 2010 and "La La La (Brazil 2014)" in 2014.
  • In addition to her musical pursuits, Shakira completed a course in ancient philosophy through the University of Pennsylvania in 2020, demonstrating her intellectual curiosity and commitment to lifelong learning.

Shakira Net Worth - FAQs

What Is Shakira's Birthplace?

Shakira was born in Barranquilla, Colombia.

How Many Languages Does Shakira Speak?

Shakira is known to speak several languages, including Spanish, English, Portuguese, Arabic, and Italian.
One of Shakira's most popular songs is "Hips Don't Lie," featuring Wyclef Jean, which topped charts worldwide.

How Many Children Does Shakira Have?

Shakira has two sons, Milan and Sasha, with her former partner Gerard Piqué.

What Is Shakira's Involvement In Philanthropy?

Shakira is actively involved in philanthropic work through her Pies Descalzos Foundation, which focuses on improving education for underprivileged children in Colombia, among other charitable endeavors.

Conclusion

Shakira net worth is a testament to her extraordinary career and her multifaceted contributions to the world. With her unparalleled talent, shrewd business investments, and heart dedicated to philanthropy, she has become not just a music icon but also a global inspiration.
Shakira net worth, estimated to be in the hundreds of millions, underscores the magnitude of her success and her enduring influence in the realms of music, fashion, and social responsibility. As Shakira continues to evolve and contribute to the world, her net worth is sure to remain a testament to her lasting impact on the world stage.
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Suleman Shah

Suleman Shah

Author
Suleman Shah is a researcher and freelance writer. As a researcher, he has worked with MNS University of Agriculture, Multan (Pakistan) and Texas A & M University (USA). He regularly writes science articles and blogs for science news website immersse.com and open access publishers OA Publishing London and Scientific Times. He loves to keep himself updated on scientific developments and convert these developments into everyday language to update the readers about the developments in the scientific era. His primary research focus is Plant sciences, and he contributed to this field by publishing his research in scientific journals and presenting his work at many Conferences. Shah graduated from the University of Agriculture Faisalabad (Pakistan) and started his professional carrier with Jaffer Agro Services and later with the Agriculture Department of the Government of Pakistan. His research interest compelled and attracted him to proceed with his carrier in Plant sciences research. So, he started his Ph.D. in Soil Science at MNS University of Agriculture Multan (Pakistan). Later, he started working as a visiting scholar with Texas A&M University (USA). Shah’s experience with big Open Excess publishers like Springers, Frontiers, MDPI, etc., testified to his belief in Open Access as a barrier-removing mechanism between researchers and the readers of their research. Shah believes that Open Access is revolutionizing the publication process and benefitting research in all fields.
Han Ju

Han Ju

Reviewer
Hello! I'm Han Ju, the heart behind World Wide Journals. My life is a unique tapestry woven from the threads of news, spirituality, and science, enriched by melodies from my guitar. Raised amidst tales of the ancient and the arcane, I developed a keen eye for the stories that truly matter. Through my work, I seek to bridge the seen with the unseen, marrying the rigor of science with the depth of spirituality. Each article at World Wide Journals is a piece of this ongoing quest, blending analysis with personal reflection. Whether exploring quantum frontiers or strumming chords under the stars, my aim is to inspire and provoke thought, inviting you into a world where every discovery is a note in the grand symphony of existence. Welcome aboard this journey of insight and exploration, where curiosity leads and music guides.
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