Jennifer Lopez is well-known for being a woman with many talents. She’s a dancer, singer, actress, businesswoman, fashion designer, and television producer. With all those hustles in mind, it’s safe to say that J.Lo is one of Hollywood’s richest women in the industry.
Two years ago, Forbes published a report that revealed Jennifer’s net worth to be around $150million. Today, it is estimated that it has gone up to $400million, with a salary of around $40million per year.
That leaves many of us wondering: how did Jen get to that level of success? In order to get a clearer picture of how J.Lo built her fortune, let us take a look at the figures she made off of her different careers.
Jennifer had her first big break in the acting industry when she was cast as the main character in the movie Selena. That role alone was worth $1million, making Lopez the highest-paid Latina actress at that time.
Since then, her fame grew exponentially. Jennifer continued to appear in even more iconic films such as:
Out of all the movies listed above, Monster-In-Law
Aside from films, Jenny from the Block has also appeared in several television shows – the most notable one being American Idol, where she reportedly made at least $12million per year as a judge.
J.Lo has proven herself to be one of the most successful female musicians in the field. Her very first single, “If You Had My Love” reached the No. 1 spot on the Billboard Hot 100. The song also came from her debut album On the 6, which sold over 10 million copies around the world.
It’s fair to say that she had a great start. But what really made her singing career took off were the following iconic hit songs we all know and love:
She also pulled impressive sales performances for her music tours. For instance, the It’s My Party tour in celebration of her 50th birthday earned around $55million. Meanwhile, the tour she held for her Las Vegas residency called All I Have made around $100million in ticket sales.
We’ve done the math. And if our calculations are correct, that means Jennifer Lopez’s singing career earned her around $95million.
Jennifer Lopez has made the wise call of optimizing the fortune she made out of her successful acting/singing career by setting up her own business ventures. As early as 2002, Jen has opened her own restaurant named Madre’s.
Unfortunately, it only managed to survive until 2008. But this did not stop Lopez from engaging in business. She has since opened her own clothing line, fragrance collection, and make-up brand.
Reports predict that her J.Lo Beauty make-up line is on the road to make $15million in retail sales, while her fragrance collection Glow by J.Lo has surpassed its $2billion sales mark.
Indeed, we can all say that J.Lo deserves every bit of success that comes in her way as she worked very hard to get where she is now. Nevertheless, we’re still very jealous of her! We can only imagine how fat her bank account is with all that work!
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