Usher Net Worth: How Much Money Did He Make from His Music?
- Usher's net worth of millions stems largely from his music career.
- Usher has diversified his income through co-founding record labels, investing, and branding.
- Usher gives back through his NGO and other philanthropic activities, which also earned him awards.
When it comes to R&B and pop music, it is hard to find anyone matching the success that Usher has had over the years. Along with his singing skills, Usher Raymond IV has also proved his performance talent, which made him one of the best-selling music artists of all time.
Usher is not just a singer, he is an actor, musician, businessman, and social worker. From record companies to NBA teams, he is constantly diversifying his portfolio, just like his vocal range, which has boosted his financial worth.
Usher’s Net Worth and Breakthrough in Music
Usher started his life’s journey in 1978 in Dallas. However, his talent was not a secret for a long time, and his family relocated to Atlanta to support his passion. Usher’s life changed when he was 13 years of age and performed in the Star Search TV show.
It earned him a contract with LaFace Records, which can be considered an important event to his future stardom. Fast forward to today, and Usher is living large with his current net worth being $180 million (via Celebrity Net Worth), and this was greatly contributed by his music career.
Usher’s first album was released when he was just 15. It wasn’t as successful, but it didn’t bomb either, as it sold roughly 500,000 copies (via BestSellingAlbums). However, his second album, My Way, received massive success with songs like You Make Me Wanna and Nice & Slow. He went 7x Platinum in the USA only.
By the time of Confessions, hits like Yeah! and Burn earned him Diamond certification with more than 10 million copies sold. So far, Usher has won 8 Grammys and produced over 80 million records (via CNN). He also earned a lot by performing live during his career.
According to The Hollywood Reporter, his 2011 OMG tour was able to collect $75 million from 73 shows. As per Billboard, his 34 shows at Las Vegas’ Dolby Live Amphitheater grossed $40 million in 2023. Usher was also a judge on The Voice, and StyleCaster mentions he received $7 million per season.
Usher’s Ventures Beyond Music
Usher’s financial success cannot be credited to music alone. The artist has spread out his sources of income through businesses in other fields. One of his big accomplishments is co-founding RBMG Records in partnership with Scooter Braun.
The record label is known for launching Justin Bieber. As per Billboard, when RBMG was bought in 2022 by HarborView Equity Partners, Usher got $40 million from Bieber’s catalog alone. Usher had also invested in Jay-Z’s streaming platform, Tidal. When it was bought by Jack Dorkey, it is estimated that he got $8.91 million (via Variety).
According to Forbes, Usher is also a part owner of the Cleveland Cavaliers and owns a 1% stake in the NBA team. He has collaborated with major brands like Samsung, Pepsi, and Mastercard throughout the years, which has added more to his wealth.
Besides his money-making ventures, Usher has also given back to society through his philanthropic acts. He has founded an NGO named ‘New Look’, whose main goal is to help youth through education and some real working experience. He has even been awarded the Freedom Award from the National Civil Rights Museum for his work.
