Ricky Martin Net Worth: Ricky Martin is a Puerto Rican singer-songwriter, actor and writer who has a net worth of $130 million dollars. Martin began his acting career at the age of 9 and at 12 he began his singing career as a member of the Puerto Rican boy band Menudo. He eventually began his solo career in 1991 and is now one of the greatest Latin music artists of all time, with over 70 million albums sold worldwide.
Martin is considered one of the most influential artists in the world and is known as the king of Latin music for his musical versatility. At the 41st Annual Grammy Awards, Martin received a thundering standing ovation for his game-changing song La Copa de la Vida.
Along with his successful music career, Martin also has a successful acting career. He rose to fame and stardom for his role in the popular soap opera General Hospital (1994–1996), and gave him his first major acting break with the portrayal of Antonio D’Amico in The Assassination of Gianni Versace: American Crime Story (2018). gave And he was nominated for an Emmy. He is also a writer, social activist, LGBT advocate and philanthropist.
|Net Worth (2022)||$130 million|
|nationality||USA to Puerto Rico|
|bear||December 24, 1971|
|Salary (annual)||$10 million (estimated)|
Martin is reported to earn around $1 million per live show. Record sales and live concert royalties are his main sources of income. He also consistently earns millions of dollars through his acting career. In the 1990s, Ricky Martin earned about $1,400,000 from record sales of his album Ricky Martin, $850,000 from his album Me Amarás and $3.7 million from his album A Medio Vivir.
In the 2000s, Ricky Martin estimated record sales of $3,000,000 from his album Sound Loaded, $230,000 from his album The Best of Ricky Martin, $5.2 million from his album La Historia, $4.3 million from sales of his album Almas Del Silencio, $290,000 from his album Life, $1,250,000 on his album MTV Unplugged His album Live: $45,000 on Black & White Tour, $5,800 on his album Greatest Hits, $1,100,000 on his album Música + Alma + Sexo and $735,000 on his album Greatestus Hits Edition.
|2022 net worth||$130 million|
|2021 net worth||$127 million|
|2020 net worth||$123 million|
|2019 net worth||$115 million|
|2018 net worth||110 million dollars|
Enrique Martin Morales was born on December 24, 1971 in San Juan, Puerto Rico, to Nereida Morales, an accountant, and Enrique Martin Negroni, a psychologist. His parents divorced when he was only a two-year-old toddler. He began taking singing and acting classes at the age of six and began participating in choirs and school productions. When he was nine, he appeared in TV commercials for toothpaste, fast food, and soft drinks.
In 1984, Martin was selected as a member of the Latin boy group ‘Menudo’. He left the group in 1989 at the age of 17, completing 11 albums. After that, he enrolled at “New York University” in New York to study acting and singing.
He dropped out of college and moved to Mexico to play on “Mama Ama el Rock”.
In 1991 he released his debut solo album, Ricky Martin, in Spanish via Sony Discos. His second solo album “Me Amaras” was released in 1993 after the album became popular and appeared on Latin music charts.
His third album, “A Medio Vivir”, released in 1995, marked a turning point in his career, selling over 3 million copies worldwide. He recorded his fourth album “Vuelve” in 1998, which peaked at number one on the Billboard Latin Albums list. He also released his first English-language album ‘Ricky Martin’ in 1999, which reached number one on the ‘Billboard 200’ chart.
His greatest Spanish success was included in the album “La Historia”, which he released in 2001. Two years later he recorded a new Spanish album called “Almas del Silencio”, which included “Tal Vez”, “Jaleo,” and “Y Todo Queda en Nada.” His return to English pop music was marked by the album “Life” in 2005. In 2006, he toured the world for the tour “One Night Only with Ricky Martin”.
In 2006, he recorded his own ‘MTV Unplugged’ performance, and in 2007 started a global ‘black and white tour’. He released another compilation album “17” in 2008, followed by Greatest Hits in 2011. Then in 2013 he released an album called Greatest Hits: Souvenir Edition in Australia.
He released “Musica + Alma + Sexo”, which reached number one on the Billboard Top Latin Albums list in 2011. His Mexican One World tour began in 2014. In 2015 he released the CD “A Quien Quiera Escuchar” in Spanish. . In 2016, with Colombian artist Maluma, the song ‘Vente Pa’ Ca’ was an international success, which went well on music charts around the world. Martin released the single “Fiebre” from his new musical career in 2018. The musician’s “Movimiento Tour” is a world tour that started in 2020.
Film and TV careers
In 1994, he performed on Broadway’s Les Miserables and the TV shows General Hospital, Glee, and American Dad. In Hercules and Minions, he also provided voices for the characters. In 2013, Ricky Martin appeared as judge and coach on seasons 2, 3 and 4 of “The Voice Australia”. He also worked as Executive Producer on the 2015 TV show ‘Ravana’. In 2019, Amici di Maria de Filippi also hired Ricky as a coach.
Ricky Martin has written two books. The New York Times bestseller list includes his autobiography “Me” and a children’s book called “Santiago Dreamer in the Land Of Stars.”
Ricky Martin founded the Martin Music Lab with two music engineers. He also owns a restaurant in Miami and has multi-million dollar deals with Pepsi and other brands such as Nescafe, Casa Salsa, Hanic and Lanvin.
Awards and achievements
Martin is considered the most award-winning Latino male artist with over 200 awards throughout his career. In addition to his many achievements, Martin has sold over 70 million albums, 95 platinum records, 6 Billboard number-one albums, 11 number-one hits, 2 American Music Awards, 6 Grammy Awards, 8 World Music Awards, 10 topped the Billboard Music Awards. He has been named to 8 MTV Music Video Awards, 14 Lo Nuestro Awards, Guinness World Records, Hollywood Walk of Fame and has performed in more than 60 countries.
In 2008, Puerto Rico designated August 31 as “International Ricky Martin Day”. In 2011, Ricky Martin obtained Spanish citizenship in recognition of his various artistic elements. In recognition of its efforts to combat human trafficking in the Caribbean, June 7, 2018, was honored by New York City as “Ricky Martin Day.”
He continued his relationship with Mexican TV host Rebecca de Alba, but they broke up in 2005. In 2008, through surrogacy, he became the father of twin sons Matteo and Valentino. He revealed that he was gay. In 2010. In 2011, he revealed his relationship with economist Carlos Gonzalez Abella. However, the two broke up in 2014.
In 2016, Martin started dating Syrian-Swedish painter Jwan Yosef whom he met on Instagram. Martin revealed that she was engaged to Josef in 2016 and she announced that in 2018 she was secretly married to Josef. They are parents of two children, Luca and Renn.
Activism and philanthropy
Ricky Martin founded her own charitable foundation, Fundación Ricky Martin, to actively engage in philanthropy with a focus on LGBT rights and anti-trafficking. He has also collaborated with other charities including the Sabera Foundation, participated in several social campaigns, and donated to organizations such as the Barbara Davis Center for Childhood Diabetes, ALAS and Yo Amo America campaigns.
He received an award from the renowned International Center for Missing and Exploited Children for outstanding contributions to saving a small number of children from the grip of human trafficking. He was honored as a hero by the US State Department for his efforts to end modern slavery.
Homes and other assets
Ricky Martin owns a variety of properties around the world, including two Mediterranean villas in Miami Beach, Los Angeles, a mansion in Golden Beach, an apartment in New York, and a mansion for rent in Sydney.
Martin’s 2016 purchase of an 11,300-square-foot mansion in Beverly Hills, the current residence spans 33,000 square feet and includes seven bedrooms, eight bathrooms, and outdoor seating areas. Martin also purchased a 19.7-acre private island in Brazil and real estate in Puerto Rico in 2008 for $8 million.
He owns a range of luxury vehicles, including an Aston Martin, Chevrolet Suburban, a handful of antique vehicles, and a Range Rover. Ugh!! Martin also owns a $35,000 Vertigo Speed boat, among other assets.
As of 2022, Ricky Martin’s net worth is estimated at $130 million. Martin has sold over 70 million records and has received numerous awards, including Latin Grammys and Grammy Awards. Martin has a background in acting and writing lyrics as well as music.
His album sales, live concerts, and television and film appearances make up most of his fortune. One of the most famous and respected pop singers in the world, Ricky Martin is considered a cultural icon.