According to Celebrity Net Worth, Madonna's net worth is estimated to be $850 Million as of 2023.
Madonna Louise Ciccone, born on August 16, 1958, is an American singer, songwriter, and actress widely acknowledged as the "Queen of Pop." Madonna is renowned for her consistent reinvention and adaptability in music production, songwriting, and visual presentation, setting new standards for artistic expression in mainstream music.
She maintains complete control over every aspect of her career, reflecting her uncompromising vision. Madonna's works explore social, political, sexual, and religious themes, generating both controversy and critical acclaim.
She is a significant cultural figure of the 20th and 21st centuries and remains one of the most well-documented figures of modern times. Her impact is reflected in the vast amount of scholarly reviews and literature dedicated to her, including an academic subdiscipline named Madonna studies.
Personal Information
| Real Name | Madonna Louise Ciccone |
| Alias | Madonna |
| Net Worth | $850 million |
| DOB (Age) | August 16, 1958 (age 64) |
| Height | 5'5" |
| Weight | 54 kg |
| Nationality | American |
| Marital Status | Divorced |
| Partner/ Spouse | Guy Ritchie (m. 2000–2008), Sean Penn (m. 1985–1989) |
| Zodiac Sign | Leo |
| Profession | American singer-songwriter |
Net Worth in 2023
As stated earlier, Madonna's present net worth as of 2023 stands at an impressive $850 million. Her early career was marked by the success of her first two singles with Sire, "Everybody" (1982) and "Burning Up" (1983), which achieved popularity in US nightclubs. Her self-titled debut album was released in July 1983 and reached number eight on the Billboard 200 chart six months later, further solidifying her growing prominence.
With the release of her second album, "Like a Virgin" (November 1984), Madonna achieved her first number-one album and became the first female artist to sell over five million copies in the US.
Throughout her career, she has released more than ten studio albums, including iconic titles such as "Like a Prayer" (1989), "Bedtime Stories" (1994), "American Life" (2003), "Hard Candy" (2008), "Rebel Heart" (2015), and "Madame X" (2019). To date, Madonna has sold over 300 million records worldwide and was inducted into the Rock and Roll Hall of Fame in 2008 during her first year of eligibility.
Sources of Income
Her movie career
Madonna's diverse income streams include earnings from her successful film career. For instance, she earned $80,000 for her role in the 1985 film "Desperately Seeking Susan" and a whopping $1 million in 1986 for starring opposite her then-husband, Sean Penn. Adjusted for inflation, this amounts to approximately $2.3 million in today's dollars.
In 1990, Madonna earned a modest $35,000 for her work in "Dick Tracy," while in 1993, she received her highest film salary to date of $2.5 million, as well as a percentage of gross for her performance in "Body of Evidence." Furthermore, in a savvy business move, she negotiated to retain ownership of her wardrobe from the movie. In 1996, she earned $1 million for her critically acclaimed role in "Evita."
Her music career
Madonna, a leading performer in modern performance art, has achieved great success in her solo tours. Her Sticky and Sweet Tour in 2008 was the highest-grossing solo tour, earning an impressive $411 million. This was followed by her MDNA Tour in 2012, which earned $305 million.
Her Madame X World Tour in 2019 generated $51 million, while her earlier tours, such as Who's That Girl World Tour in 1987 and The Virgin Tour in 1985, earned $25 million and $5 million, respectively. Madonna's meticulous attention to detail in her blockbuster productions has enabled her to become the highest-earning solo touring artist ever, with a total revenue of approximately $1.5 billion.
Her other businesses
Madonna's entrepreneurial spirit is also evident in her founding of Maverick, an entertainment company, in 1992. In partnership with Time Warner, she received a $60 million advance and 20% of royalties from the music publishing division.
One of the first projects to emerge from Maverick was her controversial coffee table book "Sex" (1992), which sold 1.5 million copies at $50 each in its first few days of release.
Madonna has also ventured into the fashion industry, collaborating with brands such as H&M and Dolce & Gabbana to create four fashion brands.
Expenditure
Madonna has a keen interest in automobiles and has devoted a significant amount of financial resources toward building an impressive car collection. Her collection is noteworthy and reflects her appreciation for exquisite automobiles, including Maybach 57, Cooper 5, Maybach 625, Jaguar XE, BMW 7 series etc.
Real Estate
Madonna boasts an impressive real estate portfolio, owning properties around the world, including multiple homes in London. While it is unclear how many London properties she currently owns, some were likely traded to Guy Richie during their divorce. One of her long standing properties is a 4-story, 57-foot width Georgian townhouse situated in Manhattan's Upper East Side. In 2017, Madonna purchased an 18th-century mansion on 5.5 acres in Sintra, Portugal, for just under $9 million.
Previously, she owned a 6,000-square-foot apartment in New York City, which she sold for $16 million in 2013 while still retaining a smaller unit in the same building that she purchased in 2008 for $7 million. Madonna also owns a 12,000-square-foot townhouse in New York City that she acquired in 2009 for $32 million. She further owns a 50-acre equestrian property in Bridgehampton, New York, which she purchased in 2010 for $7 million over two transactions.
Madonna recently purchased The Weeknd's mansion in Hidden Hills, California, for $20 million in April 2021. However, in April 2022, she listed the property for $26 million.
