How Shakira's Net Worth Enabled Her To Build An Impressive Real Estate Portfolio Worth Nearly $40 Mi

May 01, 2024

Highlights

Shakira's net worth is around $300 million.
She has a real estate portfolio worth over $40 million.
Shakira's success as a musician, with chart-topping hits and billions of streams, has contributed significantly to her wealth.

Anyone who doesn't live under a rock is familiar with one of Shakira's most famous songs, Hips Don't Lie, but another thing that doesn't lie are the numbers that make up her net worth - around $300 million. After the Cuban singer and actress, Gloria Estefan, she is the second-most successful Latin musician of all time.

The incredible wealth she has amassed over her music career has enabled her to build a real estate portfolio worth over $40 million. While she may not be as rich as Rihanna, she is certainly on the list of the ten richest female entertainers in the world. Let's explore how she built her $300 million net worth, which made it possible for her to own a real estate portfolio of $40 million.

6 How Did Shakira Build Her $300 Million Net Worth?

Shakira's Best-Selling Album: Laundry Service (2001)

As aforementioned, Shakira is one of the richest Latin music artists in history, and has produced some of the most popular songs of the modern era. Her single, "Whenever, Wherever," shot her to international stardom, and since then, she has been dropping chart-topping hits. For example, one of the most popular songs of her career, Waka Waka (This Time for Africa), surpassed 3 billion views of YouTube and sold over 10 million copies internationally. The track became No. 1 in 17 countries worldwide and, as of 2023, is still the best-selling song of 2010.

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One of Shakira's most recent releases, BZRP Music Sessions #53, made her a fortune due to the diss track she made about her ex-husband, Gerard Piqué. The track was released in January 2023, shortly after the couple called it quits, and within its first week racked up 122 million streams, which is an estimated $2.5 million. As an artist, she surely knows how to make good out of a bad situation.

These are some of the other best-selling and most-streamed songs of her career, according to Official Charts:

Song Title	Artist	Year of Release	Total Streams
She Wolf	Shakira	2009	3.2 million
Beautiful Liar	Beyoncé and Shakira	2007	5.1 million
Whenever Wherever	Shakira	2002	9.6 million
Chantaje	Shakira feat. Maluma	2016	6.6 million
Waka Waka	Shakira	2010	8.7 million
Hips Don't Lie	Shakira feat. Wyclef Jean	2006	20.3 million

Aside from her thriving music career, Shakira has used her star power to earn millions in other ways. Between 2013 and 2014, she joined the television series, The Voice, as a judge and coach, together with Usher in Season Four, and again in Season Six. She was paid $12 million for each season on the show, totaling an earning of $24 million.

5 How Many Properties Does Shakira Own In Miami?

Number Of Properties Owned In Miami: 2

Crowned as the Queen of Latin Music by other music artists and fans in the music industry, Shakira has made certain to spend some of her millions on a vast array of real estate properties. Although her professional music career officially began in 1991 when she was just 13 years old, she didn't start gaining international success until she transitioned into the English-language market with her 2001 album, Landry Service. The album went on to sell over $20 million records, and she took the earnings and bought a Mediterranean-style home for $1.075 million in Biscayne Bay, Miami the same year. In 2005, she sold the Miami mansion for a whopping $1.8 million.

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Shakira's next home was purchased on La Gorce Island, Miami Beach, in 2005 for $3.38 million. She was neighbor to some of the biggest names in music and entertainment, such as Cher, rapper Lil Wayne, and Dwayne Wade. The 1951 property started as a six-bedroom house, but the Waka Waka singer built an additional three rooms as well as many other interior touches. She eventually put the house on the market for $11.6 million in 2018, and then it was finally taken off the market in 2021 after being listed for $15.9 million.

4 How Much Is Shakira's Private Island In The Bahamas Worth?

Actual Name of Private Island: Bond's Cay

Among the elite Hollywood celebrities who own private islands, Shakira stands in solidarity after making a bold purchase of her own island in the Bahamas for $16 million. She made the purchase together with Pink Floyd's Roger Waters and fellow Spanish musician and singer, Alejandro Sanz in 2011. Her plan was to build a collection of luxury hotels, condos, and golf courses, and turn the island into the ultimate celebrity island retreat. However, according to News.com, the singer's plans for an eco-friendly celebrity haven appear to have been terminated, as the island is now up for sale.

3 How Much Are Shakira's Properties In Spain Worth?

Total Earnings From Spain Properties: $21.9 Million

The next real estate investment made by Shakira came after meeting her former spouse, soccer star Gerard Piqué. The five-story home was purchased in 2012 in Barcelona, Spain, and became the main reason Shakira was charged with tax evasion in 2018 under the claim that Spain was her residence from 2012 to 2014. However, following the scandalous split from Pique in 2022, the couple listed the home for $16 million before Shakira returned to Miami with her sons. However, according to sources, the couple also purchased another home in Barcelona in 2015 for $5.9 million before their breakup.

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Making the embarrassment of their public breakup even worse, there were rumors regarding Shakira's decision to sell the home she purchased in 2012, despite Pique's mother living there. However, the details of the situation were over-dramatized, and the matter was dealt with in court.

2 How Much Is Shakira's Villa In Cyprus Worth?

Property In Cyprus: $2.3 Million

Before Shakira officially split from Gerard Piqué in 2022, she was already making plans to further enlarge her real estate portfolio. After making frequent visits to Cyprus, an island in the Mediterranean Sea, the two fell in love with the view overlooking the Sea of Akamas near Greece and sought to make it their retreat residence. And so they bought a grand villa on two kilometers of beachfront for $2.3 million, according to Square Yards. The would-be getaway family home came equipped with a private gym, home theater, jacuzzi, wine cellar, and other convenient amenities.

1 Is Shakira Planning To Buy A New Home?

Shakira's Current Residence: Miami Beach, Florida

Upon her return to Miami from Spain following the separation from Gerard Piqué, sources claim that Shakira went to live in her $10 million mansion. However, she was soon on the hunt for another residence to accommodate her children and parents as it was revealed that the home was termite-infested. She's been renting a $15 million beachfront property in the meantime while she looks for another home. According to The Sun, the singer is willing to spend up to $50 million on the ideal home for her family while she moves on to the next chapter of her career and love life. If she does spend that amount, it'll be a pricey addition to her already impressive real estate portfolio. Here's a final breakdown of Shakira's $40 million real estate portfolio:

Location	Year of Purchase	Earnings
Biscayne Bay, Miami, Florida	2001	$1.8 million
La Gorce Island, Miami Beach, Florida	2005	$15.9 million
Bond's Cay, Bahamas	2011	$16 million
Barcelona, Spain	2012/2019	$21.9 million
Cyprus, Mediterranean Sea	2019	$2.3 million

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