Usher Raymond IV aka Usher is a popular American singer, songwriter, actor, producer, and dancer. Usher is going to perform at Super Bowl Halftime 2024 but Usher’s net worth has always been a topic of public discussion.
By selling around 80 million records around the globe, Usher has achieved massive success in the R&B music industry. Usher has been recognized with numerous awards in his music career which spans over three decades.
Apart from grabbing Grammys and Billboard Awards, he has released multiple chart-topping singles and albums.
In this article, we will look at Usher’s net worth, endorsements, real estate investments, and business ventures in 2024.
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Usher’s Net Worth In 2024
As of 2024, Usher’s net worth is estimated at around $180 million as per celebritynetworth.com and it is expected to rise after his Super Bowl Halftime performance. This net worth is attributed to his annual income, investments, endorsements, business ventures, and many more. Let’s take a look!
| Name | Usher Raymond IV aka Usher |
| Net Worth | $180 million |
| Concert Income | $2 million per show |
| Annual Income | $38 million |
| Spotify Revenue | $6 million |
| Endorsements | Samsung, Pepsi, MasterCard, etc. |
| Business Ventures | Cleveland Cavaliers, RBMG Records Tidal, etc. |
| Real Estate | Properties in New York, Atlanta, and Los Angeles |
| Cars | Ford Mustang GT, Mercedes-Benz A45 AMG, Mercedes-Benz CLS, Cadillac Escalade, Ferrari 458 Spider, Porsche Carrera GT, Rolls Royce |
How Much Does Usher Make In A Year?
Usher makes an annual income of $38 million with his endorsements, royalties, live shows, TV shows, and business ventures. With the additional business ventures and upcoming endorsements, his annual income will likely get higher soon.
Usher is guaranteed to make around $38 million in annual income for the year 2024 as per his deals, endorsements, and business ventures.
Usher’s Income Sources
Being in the music industry for the past three decades, Usher has also added multiple sources of income to his diversified finances. However, Usher generated a major chunk of his net worth from songs, albums, songwriting, and acting annually.
By doing endorsements, investing in business ventures, and being co-owner of multiple firms, Usher makes a huge passive income annually. Usher smartly invests his money in business and real estate by maintaining a diverse portfolio.
Usher’s Endorsement Deals
With several brands, Usher’s fame and influence have led to endorsement deals which include MasterCard, Pepsi, Samsung, Belvedere Vodka, Microsoft Dance Central 3, Remy Martin, Funko, and many more. All of these endorsement deals are significant sources of income for Usher.
With companies willing to pay large sums for his endorsement, Usher’s endorsement deals have been lucrative. Usher has signed deals with top brands of electronics and communication, video games, and music streaming platforms.
Usher’s Business Investments
There are several business ventures in which Usher has invested and they contributed significantly to his wealth. Some of them are listed below:
- Usher is co-founder of RBMG Records and co-owner of Cleveland Cavaliers where he invested a total of $375 million in 2005.
- He made money by launching his line of fragrances in the year 2008.
- Usher also invested in a business named Tidal which is a music streaming platform but the exact amount is unknown.
- He has invested in the startups like Robinhood app and ride-hailing service Lyft.
- He partnered with Yoobi in the year 2015 which is a fastest-growing school supp;ies company.
- Usher invested about $6 million in the year 2017 in a New York City-based Mass Appeal Media Magazine.
- Usher with 8 other celebrities in the year 2019 invested around $8 million in a food-catering startup service- Hungry.
- He along with Justin Bieber and Kevin Hart invested collectively about $5 million in a health science nutrition wellness company named Liquid I.V.
For Usher, these business deals have paid off handsomely which increases his net worth significantly.
Usher’s Real Estate Investments
Over the years, with his music career, Usher has made several real estate investments. Several are listed below:
- Usher possesses a real estate portfolio as per Forbes which includes 12 lavish villas and mansions across Florida, Los Angeles, Atlanta, California, and New York.
- Among his opulent real estate investments, one of the stand-out mansions situated in Bel-Air costs around $9 million.
- A luxurious villa situated in New York worth $5 million.
All these real estate investments account for 20% of total Usher’s net worth.
Usher’s New Music Album
The king of R&B, Usher apart from being the wealthiest singer soon released his new album “Coming Home”. Usher shared the posters and details of his new album on his Instagram posts. The album contains 20 songs of which 7 are collaborations with famous singers.
The Vogue Magazine features Usher on the cover page while he is ready to perform at Super Bowl Halftime 2024 for the first time which they posted on their Instagram handle.
Conclusion
Thanks to his successful music career, endorsement deals, acting roles, business ventures, and real estate investments, Usher’s net worth in 2024 is projected to be substantial. Due to his upcoming Super Bowl Halftime performance, the net worth of Usher is expected to increase at a rate of 25% in 2024. The story of Usher is a testament to the power of hard work, talent, and smart financial moves.
