Pop artist, concert headliner, movie star, and music video queen Madonna is a phenomenal example of a self-promoter who pushed herself to the top.
Early Life And Career Beginnings
On August 16, 1958, Madonna Louise Ciccone was born in Bay City, Michigan. She studied dancing after moving to Rochester Hills, Michigan with her family and finally received a dance scholarship to attend the University of Michigan. She left school in 1978 to pursue a dance career in New York City. Madonna formed many bands, including “The Breakfast Club” and “Emmy,” before deciding to pursue a solo career and signing with Sire Records.
Breakthrough and Musical Career
Both of her debut songs for Sire, “Everybody” (1982) and “Burning Up” (1983), were huge club hits in the United States. After the publication of her self-titled first album in July 1983, her popularity skyrocketed, and the album eventually reached its highest position on the Billboard 200 chart at position #8. Her second album, “Like a Virgin,” was the first album by a woman to sell over five million copies in the United States and debuted at number one on the Billboard 200 chart in November 1984.
Since then, she has released a total of over ten studio albums, such as 1989’s “Like a Prayer,” 1994’s “Bedtime Stories,” 2003’s “American Life,” 2008’s “Hard Candy,” 2015’s “Rebel Heart,” and 2019’s “Madame X.” Madonna entered the Rock & Roll Hall of Fame in her first year of eligibility (2008), having previously sold more than 300 million records worldwide.
What is Madonna’s Net Worth?
Madonna is an American pop icon and multi-platinum recording artist who has amassed an estimated $850 million in wealth. Madonna is most renowned for breaking new ground with her music, songwriting, images, and style, and is frequently cited as an inspiration by other musicians.
Madonna’s acting career has been just as fruitful as her musical one; she won a Golden Globe for Best Actress for her performance in “Evita” in 1996. She also made appearances in “Dick Tracy” (1990), “A League of Their Own,” and “Desperately Seeking Susan” (1985). (1992). She directed and co-wrote “Filth and Wisdom” (2012) and produced the documentary “I Am Because We Are” (2008).
For her role in “Desperately Seeking Susan” (1985), Madonna received $80,000. In the next year, she made $1 million to co-star with her then-husband Sean Penn. A salary of $1 million in 1986 would be equivalent to almost $2.3 million now. For the 1990 film “Dick Tracy,” she raked in a meager $35,000. In 1993, for the film “Body of Evidence,” she made her highest salary to date at $2.5 million PLUS a percentage of revenue. Shed also got an agreement to keep all of her clothes. Her performance in “Evita” earned her $1 million in 1996.
Even in the business world, Madonna has proven to be a mastermind. She received an upfront payment of $60 million and 20% of the music publishing division’s earnings when she co-founded the entertainment business Maverick with Time Warner in 1992. Her coffee table book “S**x” (1992) was one of her first Maverick ventures, and despite controversy and a considerable negative public reaction over the s**xual nature of the book’s contents, it sold 1.5 million copies for $50 apiece within the first few days. She has also signed a five-book contract with Callaway Arts & Entertainment for young readers. The English Roses was the first book to be released in the series in September 2003. Warner Music Group acquired Madonna’s stake in Maverick Records in 2004, making Maverick a wholly-owned subsidiary.
Madonna Real Estate
It shouldn’t come as much of a surprise that Madonna has a substantial portfolio of properties that spans the globe. Six of her houses were located in London at one point. It’s unclear how many of them she still has; during their divorce, she may have had to trade some to Guy Richie.
Madonna has lived in the same Upper East Side apartment for decades. More than 12,000 square feet are spread across its four stories and 57-foot width in the form of 26 rooms, including 13 bedrooms, 13 bathrooms, 9 fireplaces, 11-foot ceilings, a 38′ by 22′ drawing room with south windows overlooking the garden, a library, a Georgian staircase, an elevator, a double-car garage, a 3,000 square foot garden with trees, roses, and rhododendrons, and plans for a new rooftop garden.
In September of 2017, Madonna spent just under $9 million buying a mansion in Sintra, Portugal that was built in the 18th century and sits on 5.5 acres. She had an apartment in New York City that was 6,000 square feet, which she sold for $16 million in 2013.
She paid $7 million for a smaller condo in the same building in 2008, and she still owns it. But that’s not her only place to call home in the Big Apple! She dropped $32 million on a home in 2009 that is 12,000 square feet and features two garage spaces, nine fireplaces, a wine cellar, and an elevator. As of 2010, she was the proud owner of a 50-acre equestrian property in Bridgehampton, New York, which she had acquired in two separate deals costing a total of $7 million. If you want to stay up-to-date, go on over to TheActiveNews.Com.