Usher
Rappers
Current Networth - $180 Million
Personal Stats
Name | Usher |
---|---|
Role | Singer |
Industry | Entertainment |
Net Worth | $180 Million |
Date of Birth and Age | October 14, 1978 (age 46) |
Accolades | 8x Grammy Awards, 18x Billboard Music Awards, 8x American Music Awards |
Related People
Table of Contents
- About Usher
- Businesses Owned
- Early Life
- Family
- What Is Usher’s Net Worth?
- What Is Usher's Claim To Fame?
About Usher
Usher Raymond IV, widely known simply as Usher, is an acclaimed American singer, songwriter, dancer, and actor whose smooth vocals and dance skills have made him a leading figure in R&B and pop music. His rise to fame began with the release of My Way (1997), and he became a superstar with Confessions (2004), one of the best-selling R&B albums of all time. Known for his versatility, Usher has continuously reinvented himself, influencing the music industry for over two decades and earning accolades as both an artist and a mentor to rising stars.
Businesses Owned
RBMG Records
Early Life
Usher’s journey from a small-town choir boy to an international superstar is a story of talent, ambition, and hard work.
- Born on October 14, 1978, in Dallas, Texas, Usher spent much of his childhood in Chattanooga, Tennessee, raised primarily by his mother, Jonetta Patton, who recognized his musical talent early on.
- He began singing in his church choir at the age of six, where he developed his love for music and performance.
- At age 12, his family relocated to Atlanta, Georgia, to support his burgeoning music career, and he quickly caught the attention of LaFace Records executive L.A. Reid.
- Signed his first record deal at 14 and released his self-titled debut album, Usher (1994), gaining attention as a promising young R&B talent.
- His big breakthrough came with My Way (1997), which included hits like “You Make Me Wanna...” and “Nice & Slow,” establishing Usher as a major name in R&B by his late teens.
Family
Usher’s family life, including his role as a father, has been a central influence on his music and personal growth.
- Usher was married to Tameka Foster, his former stylist, in 2007, and they share two sons, Usher Raymond V (born 2007) and Naviyd Ely Raymond (born 2008).
- Their relationship ended in divorce in 2009, with Usher receiving primary custody of their children after a lengthy legal battle.
- His bond with his sons is strong, and he often shares insights into fatherhood, describing it as one of the most rewarding experiences of his life. He has spoken publicly about navigating challenges as a single father.
- In 2015, Usher married his longtime partner Grace Miguel, though they later separated in 2018.
- In 2020, Usher welcomed a daughter, Sovereign Bo, with his girlfriend Jenn Goicoechea. They expanded their family with a second child, son Sire Castrello Raymond, in 2021.
Usher is an American singer, songwriter, and producer who started his career at a very young age and made his professional career possible through his appearance on “Star Search” at the age of 13. From “My Way (1997)” to “Coming Home (2024)”, Usher released several hit albums that not only skyrocketed his fame but also created opportunities for his wealth to swell.
Usher’s net worth is primarily based on his earnings through album sales and music tours, however, a few calculated business ventures, investments, and brand endorsements have affected his fortune in a big way. So, without further due, let’s dive into Usher’s world of wealth.
Net Worth | $180 Million |
---|---|
Yearly Income | $15 million (est.) |
Profession | Singer, Songwriter, Producer |
Nationality | American |
No. of Houses | 5 |
No. of Cars | 5+ |
What Is Usher’s Net Worth?
As of 2024, Usher has a net worth of $180 million and is one of the best-selling artists of all time.
Usher’s professional career began at the age of 16 and since that time the “My Way” singer has released several successful albums and has sold millions of copies worldwide. Usher’s massive net worth is a result of his musical and business success in the industry. To date, Usher has sold over 80 million copies of his albums worldwide. He also pocketed around $40 million from his Vegas residency back in 2023. Moreover, his catalog interest for Bieber’s music was sold back in 2022 which is around 22.2% of his entire net worth. Being the judge in “The Voice” for two seasons, User charged around an estimated $7 million salary for each season.
Besides his earnings from music User stepped foot in the business world as well planning and investing carefully which eventually boosted his total net worth. The “Confessions” artist is a part-owner of the NBA team - Cleveland Cavaliers since 2005. Usher owns an estimated 1% stake in the team and as per Forbes, Cavaliers were valued at $3.35 billion back in October 2023. Also, his investment in Jay-Z’s Tidal music platform surely turned out well as the company was sold back in 2021 for $306 million.
What Is Usher's Claim To Fame?
Usher first burst into the scene back in 1991 on a show called “Star Search” where he held the longest note in the show’s history for 12.1 seconds. Following his “Star Search” performance, Usher was able to work with renowned music producers, and in 1997 his second album “My Way” was released which catapulted him under the bright lights. The album was certified as six-time platinum and singles like “You Make Me Wanna” and “Nice & Slow” peaked at #1 in the U.K.
After “My Way (2004)”, Usher’s fourth album, “Confessions” sold 1.1 million copies in the first week making it the highest first-week number ever recorded by a male R&B male artist. It also contributed to his winning three Grammy Awards for the album.
As time progressed “The Voice” Judge released several hit albums like “Here I Stand" (2008), "Raymond v. Raymond" (2010), "Looking 4 Myself" (2012), "Hard II Love" (2016), and "Coming Home" (2024). However, his most recent iconic appearance made headlines this year in February at the 2024 Super Bowl halftime show. Usher stepped foot into the Las Vegas’ Allegiant Stadium with fellow artists like Alicia Keys, Ludacris, etc. which became an instant highlight of his long musical career.
What Businesses Does Usher Own Or Is A Part Of?
Usher’s raw musical talent might have paved the way for his greatness but it was his insight and calculated approach to different business ventures that contributed to his net worth rise. Let’s take a look at the different business paths that Usher chose to explore.
- RBMG Records: Usher and Scooter Braun founded RBMG Records back in 2008 which led to finding one of the most celebrated pop sensations currently in the industry - Justine Bieber. The record label was later acquired by HarborView Equity Partners in 2022 and Usher earned a whopping $40 million selling his interest rights to Bieber’s music catalog.
- Cleveland Cavaliers: The “Star Search” prodigy was always an NBA fan and decided to extend that interest in the business aspect as well. In 2009, Usher became a part-owner of the Cleveland Cavaliers and invested around $9 million. As per Forbes, the artist holds a 1% stake in the team (total value = $3.35 billion) which was worth $33.5 million back in October 2023.
- Tidal Investments: Jay-Z’s former music platform Tidal was an instant hit back in the day and to a surprise, Usher was announced as one of its co-owners alongside other artists like Beyonce, Rihana, Madonna, Alicia Keys, etc. When Tidal was sold to “Square” back in 2021 for $297 million, as co-owners and founding investors, Usher and his fellow artists were paid $8.91 million each.
- Mass Appeal Magazine: Mass Appeal Magazine is a New York City-based media and content company that secured a $6 million funding round back in March 2017. Usher was one of its lead investors alongside other parties like Universal Music Group, Steve Stoute, Evolution Media, Jon Jashni, Charles King, etc.
What Brands Has Usher Endorsed?
Alongside business ventures and investments, Usher also partnered up with several renowned brands and secured some lucrative deals over the years resulting in the rise of his $180 million net worth.
- Pepsi: The international beverage brand Pepsi has been affiliated with Usher since 2016 when the artist was featured in their “Black Knight Decoded” commercial. However, the details of the contract deal are not publicly disclosed.
- Samsung: Usher and Samsung partnered up back in 2013 and released a two-and-a-half-minute promotional video that generated 21 million views in the first two weeks. As per reports, Usher was paid an approx $5 million for his Samsung partnership.
- Xbox: Back in 2012, Microsoft reached out to Usher alongside other celebrities like Joe Montana, Matt Stone, Trey Parker, etc. for their “Dance Central 3” on Kinect for Xbox 360. Unfortunately, there is no valid information regarding their contract deal.
- Mastercard: In 2004, Mastercard International teamed up with Usher for the new Usher Raymond IV Debit MasterCard. However, the details of the contract deal are not publicly disclosed.
- Flipper’s Footwear: The shoe brand is currently under a partnership deal with “U Remind Me” singer Usher. Usher even displayed his custom-made roller skates at the 2024 Super Bowl halftime show from Flipper’s. As for partnership details, they are undisclosed.
How Does Usher Spend His Millions?
Usher likes to spend his money mainly on real estate and high-end vehicles which shows his fondness for a luxurious and comfortable life. As vast as Usher’s car collection is, his property valuation is also an enviable aspect of his spending.
How Many Houses Does Usher Own?
- Alpharetta Mansion: Back in 1998, Usher picked up music producer LA Reid’s former home in Alpharetta, Georgia, for $1.2 million. Later in 2018, he sold the property for $1.5 million.
- Roswell Estate: Usher bagged a 13,000 sqft estate in Roswell, Georgia, back in 2007 for $3.04 million but sold it in 2013 for only $2.2 million.
- Atlanta Home: Another property that Usher picked up in 2007 was a 2,908 sqft home in Atlanta for which he paid $970K. Sadly, selling the property was a loss as he was able to secure only $775K in 2019.
- Spanish-style Residence: Usher paid $3.37 million for a Spanish-style home in West Hollywood in 2015. Just after 3 years, Usher sold the property for $3.3 million.
- Hollywood Hills House: In 2022, the 8-time Grammy winner scored a luxurious home in Hollywood Hills, LA for $3.4 million. As per reports, Usher finally sold the celebrity-studded LA home for $3.6 million in July 2024.
How Many Luxury Vehicles Does Usher Own?
Cars
- Mercedes-Benz SLS AMG: Usher’s automobile collection is as fine as it can get among his fellow artist friends. However, his SLS AMG is a unique electric drive making it one of the nine SLS AMG models worldwide. Usher even visited Mercedes-AMG’s headquarters in Affalterbach, Germany, to personally witness his SLS AMG engine being assembled.
- 2009 Ferrari 458 Spider: Among the sports cars that Usher owns, one of them is a Ferrari 458 Spider model. Back in 2009, the singer was seen driving away in his Ferrari after shopping at Cross Creek Los Angeles, California.
- Porsche Carrera GT: The only thing that Paul Walker and Usher have in common is they both got their hands on a Porsche Carrera GT. Back in 2006, Usher was once rushed by his fans in the streets of Miami beachside after he pulled out in his new Porsche Carrera GT.
- BAC Mono: Usher’s most insane ride entry has to be back in 2018 when he appeared at the Gumball 3000 rally in London with his BAC Mono. Mono’s co-founder Neil Briggs even stated, “What a fantastic way to mark the start of Gumball 3000.”
Private Jets
- Hawker 800: Besides his vast car collection, Usher also owns a Hawker 800 private jet that he uses on his business trips and family vacations. The particular model has an estimated price tag between $2.1 - $2.8 million.
What Are Usher's Charitable Contributions?
As a talented and famed singer in the industry, Usher not only entertained the people with his music but also took out his personal time to take part in different charity activities and fundraising events to give back to the community. Let’s take a look at some of his charity endeavors.
- New Look: In 1999, Usher founded a non-profit organization that helps young people with education and real-world experience. Up until now, the New Look Foundation has impacted the lives of over 50000 young people in society.
- Project Restart: Usher’s Project Restart was a TV special that started back in 2005 with the aim of helping more than 700 families find or rebuild housing that was affected by Hurricane Katrina. He was given the key to the city of New Orleans in 2008 for his effort.
- Usher Raymond Scholarship Program: The Usher Raymond Scholarship Program is a scholarship effort that Usher started with UNICEF. He even paid a $100,000 scholarship to a student for his study at Tuskegee University back in 2016.
What's Next For Usher?
Currently, Usher is busy doing his “Past Present Future” tour and just recently wrapped up his New York show. However, his future project involves the “Rendezvous in Paris” concert film that will be released in about 2,000 theaters globally for a limited time from September 10 through September 15, 2024.
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FAQs
How much was Usher paid for a Vegas residency?
Usher's Las Vegas Residencies scored a gross $100 million but he pocketed around $40 million as his earning.
How much money does Usher make from Justin Bieber?
In 2022, Usher sold his interest rights of Justine Bieber's catalog for $40 million.
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