Here's How Celine Dion Built Her $800 Million Fortune
Canadian singer Celine Dion needs no introduction from one hit to another, no matter what generation, Celine Dion remains to be iconic. It's no secret that she's one of the best selling artists of all time, and with that fame comes a huge net worth, too. With her flawless rendition of Beauty and the Beast, she captivated the music scene in the '90s.
In the years that followed, she became one of the world's most famous singers, producing hundreds of albums and touring the world. The fact that she has an estimated net worth of $800 million is not entirely surprising given her extensive experience.
Despite being only five years old, Celine Dion showed great musical talent from an early age. When she was a child, she performed at the piano bar of her parents and at her brother's wedding. In 1992, Celine Dion was introduced to the world through the hit song Beauty and the Beast with Peabo Bryson.
Having sold 12 million copies worldwide, it became Celine Dion's first gold record in the U.S. By the mid-‘90s, Celine Dion had already established herself as a major music star. Let's Talk About Love, an album she released in 1997, became a mega-hit with My Heart Will Go On, which also became the official soundtrack to Titanic.
She has won several awards for the iconic song and it has since become one of her signature songs. According to the Billboard Hot 100, the single alone sold 50 million copies. With over 180 million to 250 million records sold worldwide, Dion has become one of the world's most successful music artists.
Between 1990 and 2020, Dion played 808 concert tours and 1,141 residency shows. Currently, Dion is the third highest grossing solo artist of all time. She is also the second highest grossing female artist, and the sixth highest grossing artist overall, having earned $1.35 billion. In 2017, Dion racked up $1.18 billion in gross sales and sold over 8.2 million tickets worldwide, according to Pollstar. In 2010, Dion ranked sixth on Billboard's list of highest-grossing female artists.
Some of her success can be attributed to her on-and-off Las Vegas residency, according to Billboard. Concert ticket sales reached a record $681 million. She is among the singers with the highest grossing Las Vegas residency. Additionally, the singer took advantage of her residency breaks to tour Europe, Asia, and Australia. Additional earnings of $174.5 million followed - but the earnings didn't stop there.
Billboard reports that the first 19 shows of Courage World Tour alone brought in $33.2 million for the famous artist in 2019. Unfortunately, the pandemic forced her to reschedule her European tour, but she announced recently that it will resume in 2023.
They say real estate is an investment and looks like Celine Dion has been cashing out in those investments as for the past years, Celine Dion has been selling several properties. It was reported in 2013 that Dion's trophy properties were listed for more than $100 million. It is reported that the singer's Jupiter Island compound is currently on the market for $72 million.
The actress sold the property in 2017 for $38.5 million, which included a luxurious private water park overlooking the Atlantic Ocean. The house included 13 bedrooms and 14 bathrooms, measuring 11,000 square feet on Jupiter Island. Today, Celine Dion has a $10 mansion in Las Vegas and in Paris.
As a singer, Dion attracted several endorsement deals from brands such as Air Canada, Kraftworks NYC, Chrysler, and Coty. Additionally, as a result of her investment in Golf Le Mirage, Dion also earned $15 million.
During Air Canada's new service product introduction and update of their livery campaign in October 2004, Dion was hired as part of their promotional campaign. During the early days in her career, Dion sung the theme song for Air Canada, You and I. Among her more notable investments is the Celine Dion Parfume perfume line.
In retail sales, it generated more than $850 million. Celine Dion's fame has yet to cease as L'Oréal Paris named Céline Dion as their newest celebrity spokesperson in 2019. Her involvement in such a beauty contract marked the first time she had been involved in such an undertaking.
Celine Dion has proven herself to be quite a businesswoman with her several other business ventures in addition to her albums and brand deals. Dion, her husband, and manager, Rene Angélil, own Les Productions Feeling Inc., a company that manages artists based in Laval, Québec, Canada.
In addition, she founded the Nickels Restaurant, a Canadian chain restaurant that presents a wide range of food, including but not limited to breakfasts, hamburgers, milkshakes, pizzas, ribs, chicken, salads and sandwiches, including Montreal-style smoked meat. The couple also own Le Mirage Golf Club and Schwartz's Restaurant.
A popular nightclub called Pure, located in Caesars Palace, was opened by her with Andre Agassi, Steffi Graf, and Shaquille O'Neal. A collection of bags and accessories named 'Céline Dion Collection' was also launched by Dion. As a result of just three collections, Innee-Sedona International, Bugatti Group's Asia partner, has already surpassed $10 million in sales.
Sources: Celebrity Net Worth, Billboard, Hollywood Reporter
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