Net Worth of Katy Perry 2024
Katy Perry is one of the most commercially successful music artists of the 21st century. Since bursting onto the music scene in 2007 with her smash hit single “I Kissed a Girl,” Perry has racked up a staggering amount of accolades, including being named the Top Global Female Recording Artist of 2013 by the International Federation of the Phonographic Industry. She currently boasts over 125 million singles sold worldwide.
What Is Katy Perry’s Net Worth?
As of 2023, Katy Perry’s net worth is estimated to be around $330 million. This takes into account her music sales, touring revenue, business ventures, real estate portfolio, and other assets. Perry has been one of the highest-paid musicians for several years straight. Between June 2018-2019, she earned an estimated $57.5 million, trailing only Taylor Swift and Beyoncé.
How Did Katy Perry Earn Her Money and Wealth?
Perry earned the vast majority of her wealth through music sales, touring, merchandise, and endorsements. Some key revenue streams include:
- Record Sales: Over her career, Katy has sold over 18 million albums worldwide. Her Teenage Dream album sold over 6 million copies alone. At $10 per album, this equates to $180 million in revenue.
- Song Sales: She has sold upwards of 125 million singles worldwide, includingTracks like “Roar,” “Firework,” and “Dark Horse” have each moved over 10 million units. With singles priced around $1-2 each, this represents $125 – $250 million.
- Tours: Perry’s tours have grossed over $1 billion according to Billboard Boxscore over nearly 300 shows. Her California Dreams tour grossed $151.9 million from 124 shows.
Table 1. Katy Perry Total Gross Tour Earnings
| Tour | Gross Earnings |
|---|---|
| Hello Katy Tour | $28.1 million |
| California Dreams Tour | $151.9 million |
| Prismatic World Tour | $204.3 million |
| Witness: The Tour | $90 million |
| Total | $474.3 million |
- American Idol: Perry signed a reported $25 million deal to serve as a judge on the ABC reboot of American Idol alongside Luke Bryan and Lionel Richie.
- Endorsements: Perry has had endorsement deals with brands like Claire’s, Covergirl, Pepsi, and Popchips over the years. Her Perfume has grossed over $750 million in retail sales.
Outside of music, Perry has made money from investments, serving as a company spokesperson, real estate, retail products, and film/TV.
What are Katy Perry’s Most Notable Career Highlights?
Katy Perry has reached incredible heights of commercial success and critical acclaim over her decade and a half long career, including:
- 5 American Music Awards
- 16 ASCAP Pop Music Awards
- 34 Billboard Music Award Nominations
- 13 Grammy Nominations with 2 wins
- Named Top Global Female Recording Artist in 2013
- Super Bowl XLIX Halftime Show Performer in 2015 with 118.5 million viewers
- 2012 Songwriters Hall of Fame: Contemporary Icon Award
- Over 125 million singles sold worldwide
- 5 solely written #1 Billboard Hot 100 songs
- The only female artist with two Diamond Song Awards
Some additional highlights:
Table 2. Katy Perry Albums and Peak Chart Positions
| Album | Peak Chart Position | RIAA Certification |
|---|---|---|
| Katy Hudson | 117 on Billboard 200 | N/A |
| One of the Boys | 9 on Billboard 200 | 3x Platinum |
| Teenage Dream | 1 on Billboard 200 | 3x Platinum |
| Prism | 1 on Billboard 200 | Platinum |
| Witness | 1 on Billboard 200 | N/A |
What Businesses and Investments Does Katy Perry Have?
In addition to her core music career, Perry has diversified her wealth through business ventures and investments.
Businesses
Katy Perry has launched several business ventures to supplement her income:
Clothing Lines: She has released apparel through high street retailers including Claire’s Accessories, Argos, and Halfords.
Perfume: Perry’s line of celebrity fragrances have exceeded over $750 million in worldwide retail sales:
- Purr
- Meow
- Killer Queen
Katy Perry Collections: Her shoe line is sold through retailers like Nordstrom, Dillard’s, and Lord & Taylor with categories like sandals, pumps, flats, and boots.
Investments
Katy Perry is also an active angel investor with stocks in over a dozen high-growth companies. Some of her investments include:
Impossible Foods: Perry invested an undisclosed amount in the popular plant-based protein start-up which has gone on to huge success and recently IPO’d.
Dosist: Perry was part of a $15 million funding round for cannabis brand Dosist in 2018.
Athena Club: She invested in this all-natural feminine care product brand in 2017.
As Perry continues to expand her business ventures and make high-return investments in startups, this income will likely make up a larger portion of her net worth.
How Much Real Estate Does Katy Perry Own?
Perry has spent over $30 million in real estate purchases over the years, owning property in New York, Los Angeles, and Santa Barbara:
Hollywood Hills compound: She bought this sprawling mansion for $19 million in 2017.
Beverly Hills mansion: Paid $7.5 million for this 4 bedroom, 5 bathroom home in 2016.
3 Palm Springs homes: Owns 3 adjacent properties in Monte Sereno, CA bought for $4 million combined.
Santa Barbara mansion: Sold for $7.5 million in 2020 at a $1 million profit.
As property values continue rising across California and New York real estate markets, these homes contribute significantly to Perry’s net worth.
How Much Did Katy Perry Make Per Hour and Per Day?
At the height of her fame between 2013-2015, it’s estimated Katy Perry earned:
- Per Hour: $380,000
- Per Day: $9.25 million
- Per Year: $135 million
According to Billboard, Perry earned $135 million pretax during their June 2014 scoring period, which broke down to $380,952 per hour and $9.25 million per day! While those numbers would be difficult to sustain every single year, it gives a glimpse into just how much money pop stars can make at their peak.
Conclusion
In summary, Katy Perry’s current net worth is estimated at around $330 million. The vast majority of her wealth has come from over a decade of pop music fame, including lucrative record sales, merchandise, and global tours grossing over $1 billion collectively.
Perry supplements her income through endorsements, retail brands, investments, and real estate holdings. At her financial peak, she earned over $9 million per day. With continued business ventures underway and a loyal fanbase sustaining music sales, Katy Perry’s net worth trajectory remains strongly positive.
Frequently Asked Questions (FAQ) About Katy Perry’s Net Worth
Has Katy Perry earned more than any other artist?
No, there are several musical artists ahead of Perry in all-time earnings, including Madonna ($542 million), Mariah Carey ($320 million) and Beyoncé Knowles ($450 Million). However, Perry is the highest earning musical artist to come onto the scene after 2000.
How did Katy Perry get so famous and successful?
Katy Perry moved to Los Angeles at age 17 to pursue a career in Gospel music before shifting to pop music shortly after. Her meteoric rise to fame started with her 2008 breakout single “I Kissed a Girl” which went #1 in over 30 countries. This was quickly followed by a string of #1 hits like “California Gurls,” “Firework” and “Last Friday Night (T.G.I.F)” as well as critically acclaimed world tours.
What businesses does Katy Perry own?
In addition to her core music career, Perry owns a successful perfume line called Katy Perry Collections which has grossed over $750 million in retail sales worldwide. She also launched her own shoe line exclusive to retailers like Nordstrom and Dillard’s. Additionally, Perry is an active angel investor in startups like Impossible Foods.
How much money has Katy Perry made from endorsements?
While exact endorsement contract details are private, it’s estimated Katy has earned tens of millions from branding deals. She has had partnerships with Covergirl, Claire’s, Pepsi, Popchips, and showed off her flare for marketing through unique brand integrations with companies like Uber, Dominos, and TikTok.
How much money did Katy Perry make from American Idol?
Reports indicated Perry signed a one-year $25 million deal to appear as a judge on ABC’s American Idol reboot alongside Lionel Richie and Luke Bryan. It’s likely she earned comparable pay in subsequent seasons.
