Despite the very “Elvis” influences in Bruno Mars’ performances, he had made a name for himself. Over his decades-long musical career, he has created a massive net worth of millions. Considering that he owes $50 million to MGM Casinos, his net worth seems substantial. But is there any truth behind these claims, or are they just plain rumors?
Vastly, Bruno Mars massive net worth is a result of his successful musical career. However, just like some other musical legends like Kanye West and Snoop Dogg, he had diversified streams of income, adding to his annual revenue and, in turn, his net worth. Let’s dive deeper into the net worth and lifestyle of the 24K Magic singer.
What is Bruno Mars’ Net Worth? As of 2024, Bruno Mars has an estimated net worth of $175 million
Well, he might have one of the wealthiest last names in the world but is in no way related to Jacqueline Mars or the Mars family itself. Bruno Mars has sold more than 200 million singles worldwide, making him a money-mining machine. He has also made a huge chunk of money from his tours.
Bruno has consistently brought in more money over the years, adding to his actual net worth. In 2013, he was on the Billboards’s highest-paid musician list at No. 12, making $38 million before taxes and miscellaneous costs. In 2016, he made close to $60 million. In 2016-2017, he made $40 million.
Bruno made a significant collection of a mammoth $100 million in between 2017-2018, making him the highest paid musician of 2017. The income trend continued, and he made $50 million. He also earns decently from his streaming revenues. Hit songs like “Just the Way You Are” and “Uptown Funk” are top revenue generators for him even today.
Talking about revenue from tours, The Moonshine Jungle Tour made close to $138 million as it ran for 2013-2014. The 24K Magic Tour ran from 2017 to 2018, and he made $367 million. As per Billboard, Bruno Mars made close to $60 million from his Las Vegas residencies. Bruno Mars has also done many endorsements that have added to his massive net worth.
However, there have been rumors that Bruno Mars owes $50 million to MGM Casinos. Fortunately, the same has been denied by the casino with a statement, “Any speculation otherwise is completely false; he has no debt with MGM. We’re proud of our relationship with Bruno Mars.
In fact, Bruno Mars makes $90 million a year via a deal with the casino. He makes $1.5 million per night from his performance at MGM. He has signed a multi-year deal with the resort/casino giant that will help him bring in more money in the near future. Bruno Mars also signed a deal with Disney in 2020 to produce and star in a musical-themed Disney movie, further details of which have not yet been announced.
Just like other celebrities, Bruno Mars diversified his streams of income. He has invested in an electronic gadget company and a rum company. He has also launched his own line of guitars, adding to his massive net worth. Besides, he has 38.3 million Youtube followers on his channel that was started in 2006. His continent has been viewed more than 16.3 billion times and counting. Well, if you know the algorithm, that's plain money.
What is Bruno Mars' claim to fame? Bruno Mars’ decades-long career brought him name, fame, wealth, and success. However, it was his dedication and honesty that made him what he is today. Some of the highlighting events of his life are:
Nurturing Skill: Bruno Mars got a publishing deal in 2005 and was mentored by Steve Lindsey. In 2006, his songwriting skills got an interest from Atlantic Records, but they patiently waited for three years to let Mars develop and nurture his skill even further. Bruno wrote songs for other artists and became a record producer in the meantime. Alignment of Stars: In 2010, Bruno Mars’ released his debut single ‘Just the Way You Are’ and it reached number 1 spot in the US and UK. Success attracts success, and he went on to release his debut album 'Doo-Wops & Hooligans' that consisted of rocking songs like "Grenade," “The Lazy Song,” and “Marry You." These songs reached the number 1 spot in the UK. Start of Tours and Grammy Win: Bruno started touring with Maroon5 and OneRepublic on their tours in 2010. He started his own concert tour, 'Doo-Wops & Hooligans Tour,' from November 2010 until January 2012. During the same time, he won his first ever Grammy award in 2011 for 'Just the Way You Are' and also earned six other nominations that same year. Success Continues: Bruno’s second album, ‘Unorthodox Jukebox,’ was very successful. He went on to headline his second tour, the 'Moonshine Jungle Tour', from June 2013 until October 2014. He also had his Las Vegas residency in 2013 and also had a huge year in 2014. He even performed at the SuperBowl halftime show and even gave his voice to Roberto in the film Rio 2. 24K Magic spawns Magic: Bruno’s 24K Magic album was released in 2016, and it featured at number 2 spot on the Billboard 200 chart. He sold 231,000 equivalent album units and became Mars's first number-one album on the US Hip-Hop Albums. The success of the album concluded with the 24K Magic tour in March 2017 until December 2018. New Year Blast: What else can you expect when you have a rum fiesta with none other than Bruno Mars himself? In 2023, he performed in a very intimate party at Mayfair Supper Club. The guest list included only 150 odd guests, and they had access to a four-course dinner, live salsa music, specialty rum cocktails, an all-night dance party, and a Champagne toast. Who says money can’t buy happiness? The Gaga Mars Collab: In 2024, Bruno Mars and Lady Gaga’s new single ‘Die With A Smile” was an immediate hit. It was streamed 2.78 million times on its first day of release, while the same climbed to 3.52 million on the following day. It has also been a massive success on their respective YouTube channels, bringing in more than 43 million views.What businesses does Bruno Mars own? Bruno Mars is a smart investor and entrepreneur as well. He diversified his sources of income, not relying on the music industry alone. Some of the investments and business ventures of Bruno Mars are:
SelvaRey Rum: Yeah, Bruno is a co-owner of this U.S.-based rum company that was founded in 2014. The name typically translates to “King of the Jungle,” and Bruno aims to be the King of the Rum Market with this brand. Its annual revenue is estimated to be $6.9 million. Mars also opened and popularized the SelvaRey Rum bar at Fairmont Orchid Resort, making drinking cool again. In an interview, Mars said, “The thing about SelvaRey is that it’s a great product with or without me.”Pinky Ring: The legendary singer also opened a lounge bar at the Bellagio Resort and Casino. The same was named “Pinky Ring” in reference to the singer’s “24K Magic." The lounge bar boasts live music, a DJ, moody lighting, and a specialty bar. During the first two weeks of its operations, the Hooligans performed every night. Investments: NJOY: Bruno Mars invested in NJOY, an electronic cigarette manufacturing company in 2013. Although the figures of this deal were not disclosed, he stated that, "I've been using NJOY Kings instead of cigarettes these days, and I'm sticking to it." As of August 2024, NJOY’s annual revenue was $35 million. The company was sold to Altria Group for $2.75 billion. Chromatik: Bruno Mars invested in Chromatik in 2011. The Californian startup makes digital versions of the sheet music for the web and iPad. He was elated to be a part of this startup and stated. "I love that Chromatik will bring better music education into schools.” The successful startup was sold to Takelessons for an undisclosed amount after raising $7 million in funding. What brands have Bruno Mars endorsed? Bruno Mars has endorsed many big brands across the globe. Some of the most recognized deals are as under:
Bench: Bruno Mars collaborated with the British clothing giant in 2011. He was seen wearing one of their jackets at the MTV video music awards. He also appeared in some of the commercials for the brand. Lacoste X Ricky Regal: Bruno Mars collaborated with Lacoste under his designer alter ego brand name Ricky Regal and released 1970’s-inspired sportswear. Fender: Bruno Mars would have thought, “Why not launch a self-branded guitar?”. So, in 2023, he partnered with Fender to release Bruno Mars Stratocaster, a limited edition stratocaster in “Mars Mocha Heirloom” color. Fender launched it for $3,049 and is currently out of stock. Don Quixote: In 2024, Bruno Mars appeared in a TV commercial cum music video for Japan’s discount retailer Don Quixote. He even promoted the same on this social media profile, and even the store’s mascot, Donpen, made an appearance in the video. How does Bruno Mars spend his millions? Bruno Mars does not restaurant himself when it comes to lavish spending. Bruno has spent his money on luxurious real estate, designer clothing, jewelry, watches, cars, and even a private jet. Bruno has designed clothing from brands like Gucci and Versace. He is also seen wearing rare gemstones and designer sunglasses.
Talking about watches he owns, a couple of desirable Rolex watches, including Day-Date President and Datejust watches. It is estimated to cost $32,516 and $6,240, respectively. He was even seen wearing the former example on the CBS 60 Minutes show. Let’s know more about the cars in his garage, private jets, and luxurious houses.
How many houses does Bruno Mars own? Bruno Mars has a taste for opulence and luxury in all aspects of life. The same can be said about his impressive portfolio of real estate as well. The below are the shining examples of properties owned by him
Hawaii House: Bruno always had a thing for his hometown, Honolulu. He bought a huge vacation home in 2012 for $3.1 million. The actual property was built in 1991 and boasted a single house away from the ocean with a surrounding area of 14,520 sq ft. The same house was put on sale for $3.7 million in 2015 but was sold only for $2.7 million. Hollywood Hills House: Bruno’s luxurious mansion was located in the neighborhood of Studio City. Originally built in 1967, it was renovated with all the luxurious amenities. Bought in 2012 for $3.2 million, the same was sold to Rob Cohen and Jill Leidarman for $3.3 million. California House: In 2014, Bruno Mars was in the news for buying this property for $6.5 million. The multi-story villa covered 9,000 square feet of built area with beautiful views of the city. Yeah, with an area and price like that, the villa came in with an infinity pool, playground, bar, and built-in theaters.What cars and other high-end vehicles does Bruno Mars own? Well, it seems that Bruno Mars is a fan of Cadillac cars. No surprises here, as Elvis Presley was also a fan of the brand. Let’s have a look at some of the well-known Cadillac cars owned by him:
Cadillac Allante: Bruno Mars was seen in a black convertible Allante in one of his popular music videos, “24K Magic." He owns either a 1987 or 1988 model. Bruno Mars would have spent close to $58,000 in acquiring it. Cadillac CTS: Rarely, Bruno Mars was seen driving his black Cadillac CTS. However, in 2023, he was seen driving this black beauty in West Hollywood, CA. Looking at the car, we believe it belongs to the 2010-2013 generation and would have cost Bruno around $43,000. Lamborghini Huracan Evo: Well, besides American flair, there’s an Italian bull too inside Bruno Mars garage. Clearly, the Lamborghini would satisfy Bruno’s thirst for speed as he owns one and would have cost him $396,000. Rolls-Royce Phantom: Well, what’s a star without a Rolls-Royce inside the garage? The symbol of ultimate luxury and comfort would serve the singer when he feels like being chauffeured around for his daily errands. It would have cost him around $450,000.Mercedes-AMG G63: Bruno Mars was spotted with a black Mercedes-Benz G 63 when he went out with his girlfriend Jessica Caban to buy a Vespa scooter, as reported by Daily Mail in 2020. Assuming he owned a 2020 model, it would have cost him around $156,450. Besides the above-mentioned cars, Bruno Mars owns different cars like Bugatti Veyron, Cadillac XTS, and even the Cadillac Escalade. You can check his entire car collection here .
Private Jet: Nicknamed Mars Rider, Bruno owns a Gulfstream G550 private jet worth $42 million. It can accommodate up to 24 passengers and can travel for 12 hours straight.
What are Bruno Mars’ charitable contributions? Bruno Mars has always stood up in times of crisis and helped the community in every way possible. Some of the examples of his philanthropic efforts are mentioned below:
Donation to MGM Employees: At the time of the COVID-19 pandemic, many MGM employees had to be displaced and were struggling to make ends meet. Bruno Mars stepped in and donated $1 million of his own money to help them. The CEO of MGM Resorts said, “We consider Bruno Mars as part of the MGM family and appreciate what he is doing to help our employees and their families during these uncertain times.”Donations for Flint Water Crisis: Bruno Mars donated $1 million from his concert towards the Flint Water Crisis. During the concert, Mars exclaimed, “Tonight, I want to do something special. Tonight, I want to donate $1 million to our brothers and sisters in Flint, Michigan.” Grammy Camp: Bruno Mars also established a scholarship fund to cover the tuition expenses of a qualified high school student each year over a 5-year period. Thanksgiving Dinner in Bruno Style: While concluding his 24K Magic World Tour, Bruno donated 24,000 turkeys to the people in need in his home state of Hawaii. It was via the state’s annual food program for Thanksgiving meals. What’s next for Bruno Mars? Bruno Mars’ collaboration with Lady Gaga on the single Die With A Smile was the talk of the town. Lady Gaga was elated on the collaboration and stated, “Bruno and I have a lot of mutual respect for each other and were talking about collaborating. The song made waves across the nation and remains at the top spot for the second week as well. Bruno Mars will also be performing in Jakarta in September 2024, making fans go gaga over his three-day schedule.