Mariah Carey’s iconic 1994 holiday tune All I Want For Christmas Is You has become a staple of the Christmas season, heard on radio stations and in stores worldwide each December. Nearly 30 years after its release, the cheerful love song remains Carey’s highest-earning single, raking in royalties year after year. But just how much has All I Want For Christmas made Carey throughout her decades-long career?

With a net worth estimated at $350 million by Celebrity Net Worth, Carey has built her fortune through record sales, tours, residencies, and business deals. But All I Want For Christmas Is You has played a major role in her wealth portfolio.

How much does Mariah Carey make annually from the song?

Mariah Carey in All I want for christmas is you
Mariah Carey in All I Want for Christmas is you

According to Investopedia, Carey earns an average of $2.5 million in royalties from All I Want For Christmas Is You each year. The exact amount varies annually based on factors like streaming and radio play.

In 2022, Mariah Carey took in approximately $8.5 million globally from the holiday single, with $1.86 million coming from publishing royalties in the U.S. alone, per Billboard’s estimates.

Given its continuing popularity, the festive pop hit is on pace to surpass $100 million in total lifetime earnings as early as 2023, the Associated Press reported.

Mariah Carey in All I want for christmas is you
Mariah Carey in All I Want for Christmas is you

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The timeless carol set new records in December 2022, amassing 21.3 million Spotify streams in one day. It was also Billboard’s top holiday song for the fourth consecutive year.

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Where does the holiday money come from?

Mariah Carey in All I want for christmas is you
Mariah Carey in All I Want for Christmas is you

For Carey, All I Want For Christmas means major paydays from radio play, streaming royalties, and use of the song in films and advertising. It’s been streamed over 1 billion times on Spotify, where Carey earns fractions of a penny per play. The song also rakes in royalties when played on radio stations and in retail stores.

Pepsi reportedly paid Carey $11 million to use it in a 2019 holiday ad campaign. It’s also featured in holiday movies like Love Actually. While Carey earned millions as one of the best-selling artists of all time, All I Want For Christmas has provided her most reliable income stream for almost 30 years.

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The 1994 megahit was part of Carey’s album Merry Christmas, which has sold over 15 million copies globally. She also cashed in through a 2010 re-release titled Merry Christmas II You.

Overall, the Queen of Christmas has earned over $60 million in royalties from her beloved holiday single over the past three decades. And with its popularity showing no signs of waning, All I Want For Christmas Is You may someday become the gift that keeps on giving to the tune of $100 million.

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