Celine Dion Net Worth: $400 Million
Celine Dion is a Canadian singer-songwriter and businesswoman. She has amassed her fortune from selling over 250 million records worldwide, touring and landing lucrative residencies such as her Las Vegas residency which per Forbes has earned her over $260 million from 2003 to 2016. Celine has bolstered her music income with various business ventures and by flipping luxurious real estate properties. Here is everything you need to know about Celine Dion’s illustrious career and wealth.
Celine Dion Net Worth: Music Beginnings
Céline Marie Claudette Dion was born on March 30, 1968, in Charlemagne Quebec, Canada. The youngest child in a large music family of 14, Celine wanted from an early age to become a singer. She made her first music performance at the age of 5 at her brother’s wedding and composed her first song at the age of 12 with her mom and brother. The song was sent to Canadian music manager René Angélil who fell so much in love with Celine’s voice that he placed his house on a mortgage to finance her career. Celine was 12 years when he met the 38-year-old René Angélil. They struck a romantic relationship in 1987 and married in 1994.
Thanks to René Angélil, Celine Dion’s career enjoyed an instant success. Her first record “La voix du bon Dieu” released in 1981 became a massive hit, propelling a teenage Celine to stardom. She became an international figure when she won two awards at the 1982 Yamaha World Popular Song Festival in Tokyo, Japan. Celine Dion went on to solidify her star status by winning various other music contests.
Celine Dion Net Worth: Music Exploits
Inspired by Michael Jackson‘s star power, Celine underwent a 2-year image overhaul in preparation to launch into America. Her debut English album “Unison” (1990) included the single “Where Does My Heart Beat Now” which reached No. 4 on the Billboard Hot 100. However, her major breakthrough came in 1991 when she duetted with Peabo Bryson on the song Beauty and the Beast which was used as a soundtrack for a 1991 Disney film of the same title. The song became a worldwide hit and won Dion her first of many Grammy Awards.
Celine Dion went on to enjoy increasing worldwide success with a slew of English and French albums. She achieved yet another milestone in 1997 with the single “My Heart Will Go On” from her 5th English Album “Let’s Talk About Love.” The song became the biggest hit of her career and her signature song after peaking at number 1 in over 5 countries and selling multi-million copies. The song was used as the main theme song to James Cameron‘s blockbuster romance film “Titanic”. The film became first to make over $1 billion at the box office, ultimately grossing over $2.1 billion against a $200 million budget.
My Heart Will Go On won Dion 2 Grammy Awards. Between 1997 and the beginning of the new millennium, Dion released three albums which collectively sold over 50 million copies, making the period the most successful of her career. She went on a hiatus twice, both to focus on her family and help with her husband’s ailment.
Celine Dion Net Worth: Tours And Residency Earnings
The bulk of Dion fortune stems from touring. Her highest-earning tour days began after her “My Heart Will Go On” smash hit was released. Her 8th concert tour, “Let’s Talk About Love World Tour” grossed $52.4 million from 54 shows. After returning from her first hiatus in 2002, Celine signed a 3-year 600 show residency at Colosseum at Caesars Palace in Las Vegas.
Despite the high ticket pricing which averaged at $135.33, the residency became highly lucrative. The residency grossed almost $80 million by the end of 2005. Celine was paid $100 million plus 50% of the total gross. Due to its incredible success, the tour was extended to two more years. In total, it grossed over $400 million from 717 shows and over 3 million audiences. Billboard named it the highest-grossing residency shows of all time. Its success inspired artists like Elton John and Britney Spears to sign up for a residency gig.
After the residency ended in 2007, Dion headline the Taking Chances World Tour which grossed over $280 million from 132 shows. Thanks to these shows, Celine Dion was named the highest grossing entertainer for a decade from 2000 to 2010. During the period, Celine’s efforts grossed $748 million. In 2008 alone, Forbes estimated her earnings at $100 million. Out of the $748 million, Celine earned over $520 million from ticket sales with $350 million stemming from her Vegas residency.
Dion signed on for another Vegas residency in 2011, titled Celine. The show which is slated to end in 2019 has as of 2017 grossed over $209 million. Each of the 70 shows estimated for each year grosses an average of $500,000. The residency gig also gives her time to headline other tours. Her 2013, Sans attendre Tour made $20 million from 9 shows.
Husband René Angélil’s Death And Recent Activities
Tragedy struck Celine’s life in early 2016 when she lost both her husband René Angélil, 73 and brother Daniel, 59, to cancer. After a period of mourning, Celine returned to touring and recording. Her Summer Tour 2016 made $56 million from 28 shows. She has also dedicated more time to philanthropic activities, raising funds for cancer causes.
Celine Dion Net Worth: Business
Dion became the executor of Angélil’s estate after his death. Dion and her husband owned various businesses including a restaurant chain called Nickels Restaurants. The restaurant includes 32 locations and operates primarily in Quebec and Ontario. Together with her husband, Celine Dion made a $15 million investment in Le Mirage Golf Club. They also own Pure nightclub located at Caesars Palace where Celine has her highly lucrative residency gig. Dion owns Les Productions Feeling Inc., an artist management company in Laval, Québec, Canada.
Atypical of celebrities, Celine Dion has made money off merchandise sales. Her Celine Dion Parfums released in 2003 reported a global retail sale of $850 million as of March 2010. The line which in collaboration with Coty Inc has released 14 perfumes. In February 2017, she released a new handbag, luggage and accessories line with Bugatti Group.
Celine Dion Net Worth: Houses
Celine Dion’s wealth has availed her the capacity to live in opulent homes. After her husband’s 2016 demise, the Power of Love crooner listed most of her real estate holdings. In January 2017, she listed her private mansion in Villa Montmorency, Paris for $9.5 million. She reportedly bought the chic home in 2008.
Celine Dion also owned a French Norman chateau-style mansion in Montreal River, Quebec which she sold in early 2016 for $25.5 million. The 24,000-square-foot sits on a 20-acre private island.
In 2005, Dion and her husband bought a land in Jupiter Island, Florida for $12.5 million. In 2008, they bought a mansion close to the piece for $7 million. The couple then demolished the structure and built another, complete with a water park. They listed the mansion in 2013 at $72.5 million. After Angélil’s Death, the house price was slashed to $45.5 million. It finally sold in May 2017 for $38.5 million. Celine Dion now lives in Las Vegas with her 3 children.