Shakira: The Extraordinary Journey of a Multi-Talented Superstar
Shakira, the Colombian singer-songwriter, has experienced immense success throughout her career. Not only has she created chart-topping music and mesmerizing performances, but she has also secured lucrative endorsement deals. However, with fame comes scrutiny, as Shakira has faced legal battles and tax evasion charges. Let’s delve into the remarkable journey of this exceptional artist.
Shakira’s musical journey began at the tender age of 14 when she released her first album, “Magia,” in 1991. From there, she gained global recognition, winning three Grammys and achieving six top-10 hits on the Billboard Hot 100, including the iconic No. 1 song, “Hips Don’t Lie.” These incredible achievements not only elevated her status as a music artist but also contributed to her financial success.
In 2012, Forbes estimated Shakira’s earnings to be $20 million, a figure that rose to $35 million by 2019. Her touring endeavors alone have generated over $100 million. In fact, Billboard reported that throughout her career, Shakira has amassed an astounding $108.1 million from tours.
Her impact in the music industry extends even further. Shakira is recognized as one of the best-selling music artists of all time, with over 95 million records sold globally. Her success caught the attention of Live Nation, leading to a 10-year contract estimated to be worth between $70 million and $100 million.
In addition to her musical pursuits, Shakira has ventured into the realm of endorsements. Renowned brands like Pepsi, Oral-B, and T-Mobile have sought her influence and star power. While the specific earnings from these partnerships remain undisclosed, it is certain that they have contributed significantly to her wealth.
Shakira’s talents extend beyond the stage. She graced the small screen as a judge on NBC’s singing competition, “The Voice,” for two seasons, earning an impressive $12 million per season. In 2022, she took on the role of judge on the show “Dancing With Myself,” a venture that undoubtedly yielded substantial rewards.
While many performers receive lucrative pay for their appearances at the Super Bowl halftime show, Shakira and Jennifer Lopez delivered their unforgettable performance in 2020 without payment from the NFL. However, the league covered the expenses and production costs.
In a strategic move in February 2021, Shakira sold her entire music catalog, consisting of 145 songs, to the music royalties investment firm Hipgnosis. The details of the deal remain undisclosed, but the move showcased her astute business acumen.
As a global superstar, Shakira has invested in properties around the world. She enjoys luxurious residences in Uruguay, Barcelona, Miami, and even owns a private island in the Bahamas, where she can truly unwind and relax in style.
However, amidst her immense success, Shakira has also faced legal challenges. She has incurred substantial legal fees in Spain due to tax evasion charges. She is set to stand trial in Barcelona in November, as prosecutors alleged that she spent a significant portion of 2012 to 2014 in Spain and should have paid taxes accordingly. The alleged tax evasion amounts to €14.5 million ($15.4 million). Shakira vehemently denied any wrongdoing during her testimony in 2019. In September 2023, Spain charged her with tax evasion for a second time, stating that she failed to pay €6.7 million ($7.1 million) in taxes on her 2018 income through an offshore company based in a tax haven.
Shakira’s journey has been marked by immense success, grand-scale performances, and financial triumphs. Despite legal challenges and controversies, she remains an iconic figure in the music industry. Shakira’s impact will continue to be felt for generations to come.
[Original article: “Shakira has made millions thanks to her hit songs and stadium tours. She also has landed high-paying endorsement deals. Lately, she’s spent money on legal fees due to tax evasion charges. Shakira has been performing since she was a teenager, which has led to her earning millions. Shakira released her first album, ‘Magia,’ in 1991 when she was just 14 years old. In the time since, she’s won three Grammys and produced six top-10 hits on the Billboard Hot 100, including the No. 1 song ‘Hips Don’t Lie.’ These achievements have also translated to her bank account. In 2012, Forbes reported her earnings at $20 million. In 2019, Forbes put her at $35 million. She has grossed over $100 million on touring alone. In 2023, Billboard reported that, over the course of her career, she’s brought in $108.1 million through touring. Shakira has made hundreds of millions of dollars thanks to her music. Shakira’s performances are something special and have made her a lot of money. Billboard reported that she’s one of the best-selling music artists of all time. Her label said she’s sold over 95 million records worldwide. In 2008, Shakira signed a 10-year contract with Live Nation, which Rolling Stone estimated at the time to be worth between $70 million and $100 million. She’s landed major endorsements over the years. Shakira also brings in the money off the stage, too. She’s landed deals with big hitters like Pepsi, Oral-B, and T-Mobile over her career. It’s not clear what she’s earned from these, but it’s probably a good chunk of change. She’s also brought in big paydays thanks to her hosting gigs. Shakira was on ‘The Voice’ for two seasons. Shakira brought her talents to NBC’s singing competition ‘The Voice’ for two seasons in 2013 and 2014. She earned $12 million per season, according to The Hollywood Reporter. In 2022, she was a judge on the show ‘Dancing With Myself.’ It’s unclear what she made for that, but we’re sure she didn’t do it for cheap. Shakira didn’t get paid to do the 2020 Halftime Show with Jennifer Lopez. These ladies rocked the 2020 halftime show in gold and silver. It’s been a long tradition that the NFL never pays the Super Bowl halftime acts. But the league will handle expenses and production costs, according to Forbes. In February 2021, she sold her entire music catalog to Hipgnosis, a music royalties investment firm. The hits don’t lie. She sold the publishing rights to her catalog, which consisted of 145 songs, to the London-based firm for an undisclosed sum, The Guardian reported. She spends her money on properties around the world. Shakira knows how to relax in style. The superstar relaxes across the globe in houses she has in Uruguay, Barcelona, Miami, and on a private island in the Bahamas. She has spent money on legal fees in Spain for tax evasion charges. Shakira arrives at court. She is due to be tried in Barcelona court in November in a case that depends on where she lived between 2012 and 2014. Prosecutors alleged that she spent more than half of that time period in Spain, and should have to pay taxes in that country despite having an official residence in Panama. As a result, prosecutors alleged that she has failed to pay €14.5 million ($15.4 million) in taxes. Shakira denied any wrongdoing when she testified in 2019. In September 2023, Spain charged her with tax evasion for a second time. Shakira. The latest charge alleged Shakira failed to pay €6.7 million ($7.1 million) in taxes on her 2018 income by using an ‘offshore company based in a tax haven,’ according to the Associated Press.”]
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