Date of Birth
Madonna Net Worth:
Madonna who is one of the most powerful and best-selling recording musical artist has a net worth of $800 million.
Madonna, who was born as Madonna Louise Ciccone on the 16th of August 1958, in Bay City, Michigan, has sold more than 250 million records globally till date. Madonna who inevitably moved with her family to Rochester Hills, Michigan, later moved again on her own to New York in 1977 to pursue a career in modern dance, but while there, she launched a career as professional singer instead and recorded her first hit album “Madonna”, in 1983.
Madonna who successfully went ahead to release an aggregate of 12 main studio albums that contained many hit singles’ early albums helped Madonna to be famous worldwide. Also her brand and style that became a hallmark of the 1980s helped her got her very first acting role in the 1985 film titled ‘Desperately Seeking Susan’. Madonna has constantly worked on the edges, pushing sexual limits in her recordings and public performances, even released a foot stool book that was really called Sex. Madonna whom the Recording Industry Association of America has ranked as the Best-Selling Female Rock Artists of the twentieth century is also the Number Two best-selling female artist in the U.S. with 64 million certified albums sold, while Guinness World Records has also marked her as the best successful female artist of all time.
Despite all this Madonna isn’t billionaire yet. Recall that in 2013, a little-known Madonna fan blog misjudged the way that her MDNA tour netted $300 million to imply that Madonna herself was $300 million wealthier and therefore a billionaire, whereas at the time her net worth was even $650 million. Most importantly, regardless of whether Madonna did made $300 million, after paying her taxes, she would just be worth $950 million which really dos not make her a billionaire. In any case, more critically, the claim that $300 million in gross concert revenue equates to a net $300 million increment in her personal wealth is horribly misguided.
The $300 million number is clearly gross income, which implies that before costs are taken out. Madonna is fortunate to take home 10-20% of her tour’s benefits after all costs are expelled. Though that would still be an extremely decent wage, however no place close to the $300 million. Tragically, many reputable media outlets helped spread this false gossip by snowballing the story as truth crosswise over several sites, magazines and daily papers, but now the false report has since been exposed by basically every reputable wealth tracking media outlet.