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Bruno Mars gave us probably the most greatest hits of the previous decade and launched into several lucrative excursions, however did he earn sufficient cash to name himself a billionaire?

Bruno Mars isn’t a billionaire. His net worth has been estimated at roughly $one hundred seventy five million, and he earned maximum of his fortune thru album sales and sold-out tours.

From Rags to Riches

Bruno Mars has hundreds of thousands in the bank at the moment, but there was once a time when he didn’t even have a place to call home. He spent part of his childhood living at an deserted chicken zoo, Paradise Park, and also slept on rooftops and in deserted automobiles with his brother and father.

The singer appreciated his father’s ability to at all times to find a position where they might crash for a night time, and claimed that his homeless early life days didn’t go away him with lasting scars.

“We had it all, you realize. We had each and every other and it never felt like it used to be the end of the arena… Maybe that’s why I've this mentality in terms of tune. ‘Cause I know I’m gonna determine – I’m gonna figure it out, simply give me some time,” Mars told 60 Minutes.

He eventually managed to flee poverty and change into a international sensation. His rise to fame began in 2010, when his first two singles “Just the Way You Are” and “Grenade” topped the Billboard Hot 100 chart and reached no. 1 around the globe.

With over 130 million records sold worldwide, Mars is one of the best-selling artists of his era. He additionally owes a large chunk of his fortune to his tours – his newest 24K Magic World Tour grossed $367 million, making it one of the vital highest-grossing concert tours in history.

Mars time and again made it to Forbes’ Celebrity 100 list, maximum recently in 2019. The magazine estimated that he made $51.Five million all through this period of time, most commonly due to the success of his 24K Magic World Tour and the Las Vegas residency at the Park Theater.

The Grammy-winning singer additionally joined forces with a number of well-known brands, including Bench and Pepsi, but owes most of his fortune to tune. Celebrity Net Worth estimated his net worth at round $one hundred seventy five million in 2020.

Spending His Fortune

Bruno Mars enjoys spending his fortune pretty much the similar approach as other celebrities – on fast cars and luxury homes. It’s been reported that his Studio City estate set him back by way of $6.5 million in 2015, and he bought two other properties in Hollywood Hills and Hawaii that same 12 months.

Mars additionally doesn’t shy away from giving again – he labored with numerous charities and gifted seven members of his band with $55,000 watches. In 2020, he made a $1 million donation to the MGM Resorts Foundation in an attempt to lend a hand its workers right through the coronavirus pandemic.

The Future Billionaire?

The terms “billionaire” and “millionaire” are thrown round very loosely, but there’s a large difference between them.  Many of Hollywood’s largest stars occur to be millionaires, however handiest a handful can name themselves billionaires – and Bruno Mars is now not even with reference to getting there.

The “Uptown Funk” singer is, first and foremost, a musician, and a listing of recording artists who crossed the billion-dollar mark comprises simplest two other people – Kanye West and Jay-Z.

West made many overblown statements about his wealth over time, however Forbes in any case declared him a billionaire in 2020. They estimated his net worth at $1.Three billion, a fortune he mostly earned due to the luck of his Yeezy sneaker empire.

Jay-Z’s adventure to the billionaire status used to be much other, and it’s a aggregate of various components, but his luck as a musician is most effective certainly one of them. He also owns wine logo Armand de Brignac, cognac emblem D’Ussé, streaming provider Tidal, and document label Roc Nation.

Judging by means of their example, being a best-selling artist isn’t sufficient to be a billionaire. If Bruno Mars ever wants to reach that status, he’ll must release a a success logo or a report label and monetize his superstar standing via these industry endeavors.

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