Janet Jackson is officially a billionaire

[Thebesteva]

WTF? How did this happen?


Janet Jackson has joined the billion dollar club.The All For You hitmaker has boasted a multi-million dollar fortune for years, but now she has joined her new husband, retail entrepreneur Wissam Al Mana, and the elite group of moneymakers whose bank balances top $1 billion, according to industry publication Variety.
The singer has raked in a total of $260 million in album sales thanks to the success of Control, Janet and Rhythm Nation 1814, and she has also taken in another $81 million from music and book publishing fees.
Jackson's multiple sold-out world tours have contributed another $458 million to her net worth, with an additional $81.5 million coming from tour sponsorships and licensing fees.
The 47 year old has also banked an impressive $304 million from her box office roles in 2000's The Nutty Professor II: The Klumps, Poetic Justice and For Colored Girls.
The superstar's whopping personal fortune puts her in good company – Madonna, filmmakers George Lucas and Steven Spielberg, and media mogul Oprah Winfrey have all made the ultra-exclusive list.

[TDMVPDPOY]

world tours is where the moneys at for the veteran singers these days, not album sales

isnt she or her mother also sitting on MJ Beatles catalogue thats worth $400m?

[Thebesteva]

world tours is where the moneys at for the veteran singers these days, not album sales

isnt she or her mother also sitting on MJ Beatles catalogue thats worth $400m?

Not sure, I think so. I just saw what's trending on Yahoo and it said shes officially a billionaire and joins the rare company of Oprah, Steven Spielberg, etc.

Fuck man all the moneys in entertainment

[The Reckoning]

if they really gave a fuck about people they would take 50 mill to live off of and use the rest for charity.

[NASCARdad]

If only she could maintain that hot thin body.

[td4mvp2k]

if they really gave a fuck about people they would take 50 mill to live off of and use the rest for charity.

:lol tru

[Buddy Holly]

People read that and still come away with thinking she's worth 1 billion? They throw in 304 million as if she got paid that to act in those movies. That's the total amount those movies made. She probably has made 20 million total off those movies.

Tour and albums sells have to take into account the percentage doled out to record labels, promoters, etc. That isn't net income. :lol

[CosmicCowboy]

LOL @ equating lifetime earnings to net worth.

[Blake]

People read that and still come away with thinking she's worth 1 billion? They throw in 304 million as if she got paid that to act in those movies. That's the total amount those movies made. She probably has made 20 million total off those movies.

Tour and albums sells have to take into account the percentage doled out to record labels, promoters, etc. That isn't net income. :lol

I'm going to guess she invested in a couple of those movies as well.