How Katy Perry Achieved a Net Worth of $330 Million and What She Spends it On

She is a singer known for songs like I Kissed a Girl, Firework, Teenage Dream and California Gurls and along with others, has been the basis of her incredible wealth. Katy Perry, who is not just a singer, but also a songwriter, producer, and TV personality has grown her net worth via the release of several charting topping music, albums, and embarking on multiple successful tours.

Katy Perry, who is a native of Santa Barbara, has continued to remain one of the highest-earning musicians since she became a professional musician in 2001, a status that is not only supported by her net worth but also her long list of awards and records, including multiple Guinness World Records.

Find out how Katy amassed her net worth, along with details of how she spends her money below.

How Katy Perry Achieved a Net Worth of $300+ Million

According to the popular website, Celebrity Net Worth, Katy Perry has a net worth of $330 million, which she has accrued over 18 years as a professional musician, having made her debut in 2001. She released her first album, Katy Hudson in March 2001, performing poorly commercially with just 200 copies sold in its first year. However, in that year, she made the bulk of her income from going on the Strangely Normal Tour with Phil Joel.

After the failure of her first album, which she released under the name Katy Hudson, she transformed to Katy Perry and along with the name transformation, her net worth also got transformed. Her second album, One of the Boys, which was her first project after she moved from Christian music to secular music performed extremely well commercially, selling over seven million copies worldwide.

READ   Mark Wahlberg - Net Worth in 2020, Family & House

Just as her second album was a commercial success, so also was her third, Teenage Dream, which sold over six million copies worldwide, and just like singles from One of the Boys, it had a couple of singles that sold several million copies too. So far, Katy Perry has amassed a huge part of her net worth from the release of five albums, having sold over 18 million albums and 125 million singles over the course of her career.

In combination with her album and single sales, she has also gone on multiple tours and performed at various shows and concerts, contributing to her yearly earnings.

Katy Perry net worth
Katy Perry performing at one of the many shows that have made her rich

Between 2009 and 2014, $30 to $50 million of Katy Perry’s net worth came via merchandise sales, touring, endorsements and album sales. Between 2014 and 2015, she got a big boost of $135 million in earnings and made $57.5 million between June 2018 and 2019 fiscal period.

Aside from music-related earnings, Katy Perry is also a TV personality who appears as a judge on American Idol. She is believed to be earning $25 million per season for her role on the music reality show. So far, she has been appearing as a judge on the show since 2018.

Katy Perry’s net worth also comes from her acting efforts, which include films like Zoolander 2, The Smurfs 2, The Smurfs, and a few others. She has also made money from endorsing a range of products, as well as her entrepreneurial interests like her perfume line. Some of her product endorsements include Proactiv, OPI nail polish, H&M, and CoverGirl.

READ   The 20 Highest Paid Actresses In The World (Updated 2020)

See Also: Bruno Mars’ Net Worth: How Much Money Does The Musician Have Now?

How Does She Spend Her Money?

When you are worth over a quarter of a billion, your spending options are virtually unlimited and you can afford to spend on anything you want, no matter how ridiculous it might be. For Katy Perry, who has been empowered by a net worth of $330 million, some of her expenses include buying an Italianate mansion in Los Angeles for $19.5 million. The mansion is a convent and it got her in trouble with some nuns.

READ   The 25 Richest Comedians In The World And Their Net Worth

She also has a fleet of fancy cars, particularly a fleet of Fisker Karma electric cars she bought for $450,000.

Another noteworthy luxurious expense is her 30th birthday bash, which she spent a total of couple hundred thousand on by flying over 70 friends to Paris for a dinner on the Eiffel Tower. Before flying her friends over, she spent a luxurious weekend in Morocco with her boyfriend at the time, Diplo.

Others include a cooking lesson she paid $67,400 for and two houses she spent $15.1 million on.

When she is not spending on luxury, she has had to pay legal fees such as $500,000 to a Christian singer in 2019 and a divorce settlement with Russell Brand.

Adeola Seun
Adeola Seun
Seun is a CCNA certified graduate of FUTA. He has been writing on various subjects that include finance, economics, celebrity net worth, lifestyle, biographies and politics for over 7 years, Other than writing, he enjoys movies, video games, and sports

Recommended

Tyga – Net Worth in 2020, Relationship With Kylie Jenner & Blac Chyna

What is Tyga's net worth? Tyga is one of the uniquely talented rappers in the international music scene. In 2017, the star and media personality...

50 Cent – Net Worth in 2020, Music Success & Romantic Relationships

What is 50 Cent's net worth? Curtis James Jackson III, popularly known as 50 Cent, is a rapper, actor, investor, and entrepreneur. 50 Cent has...

Mariah Carey – Musical Success, Husband & Family Members

Mariah Carey is an American singer, songwriter, record producer and actress. Over the long haul of her music career, she has established her talent...

All The ‘Hell’s Kitchen’ Winners – Where Are They Now?

Since Fox Television brought Hell’s Kitchen to our screens in 2005, giving Americans a taste of the excellence of international chef, Gordon Ramsay, it...

Tom Brady – Net Worth in 2020, NFL Career & House

What is Tom Brady's net worth? Tom Brady is an American football quarterback who plays for NFL's New England Patriots. Read on to discover how...

The Highs and Lows of Rob Dyrdek’s Career Pursuits, Net Worth and Facts About His Wife

Many people subscribe to the belief that pro athletes only boast of physical talents without much intellectual capabilities. However, if there is one person...

Soulja Boy – Net Worth in 2020, Height & Girlfriend

What is Soulja Boy's net worth? Drama King and former Love & Hip Hop show star, Soulja Boy is well known for his talent and...

Wiz Khalifa – Net Worth in 2020, Height & Relationship With Amber Rose

What is Wiz Khalifa's net worth? Born Cameron Jibril Thomaz, Wiz Khalifa is an accomplished American rapper, songwriter and actor. A well-versed international rapper, Khalifa...

More From Justrichest

Inside Jay Leno’s Massive Car Collection, Net Worth & Family Life

Jay Leno is without doubt, one of the finest and most mature entertainers America has ever produced. A multiple award-winning stand-up comedian, writer, TV...

12 Biggest and Most Expensive Homes of Extravagant Footballers In 2020

The huge and decent earnings of footballers grant them the audacity to exemplify lavish spending and also enable them to sustain every aspect of...

Jessica Nigri Net Worth: How Much Money Does The Cosplayer Make?

Jessica Nigri is a well-known American cosplayer. For the benefit of those who don’t know, Cosplay is derived from the words costume and play....

20 Strongest and Most Powerful Currencies in The World (Updated 2020)

According to World Atlas, there are 180 currencies in circulation that are recognized by the United Nations across the wide world and these are...

Featured Today

Fascinating Facts About Nicole Hocking’s Family and Her Relationship With Luke Combs

Luke Combs' country music career took off in 2014 but, already, many analysts are predicting that he is the next big thing to happen...

Who is Zack Snyder’s Daughter Autumn Snyder and Why Did She Commit Suicide?

It could be hard to understand why someone would ever take their own life; leaving their family and loved ones to suffer in a...

What Is Wrong With Barron Trump, Is He Really Autistic? Where Is He Now?

Autism is prevalent and can affect people of all ethnic, racial and socioeconomic groups. The disorder, which limits a person's ability to relate and...

Who Is Sandra Otterson? Her Personal Wealth, Life and Quick Facts

American adult star, Sandra Otterson, currently based in Arizona, USA has is worth about $5 million. Background and Career Sandra Otterson, popular with the name ‘Wifey‘...

Related Stories