Enrique Martin Moralesbetter known as Ricky Martinis one of the most important exponents of Latin American music. He began his career in the group Slightbut then he knew how to mutate and be referent of both pop and the romantic genre, like urban music.
During his career, he made dozens of world tours in several countries, not just Spanish-speaking ones. It’s just that Ricky had a strong impact on USAas few Latinos could, contributing to the cultural expansion of the region.
These tours are accompanied by massive showswhere thousands of people come to enjoy their talent, with songs to dance to or get excited about. During the last century he ventured into genres such as reggaetoncollaborating with Maluma either Wisin and Yandel.
Furthermore, the artist has millions of views on digital platforms and more than 70 million records sold all over the world. According to Billboard, he is among the 30 most influential Latin artists in history.
Its success also prompted the writing of the official song e for the FIFA World Cup 1998, even performing during the final of it, and was one of the few with MTV Unplugged in 2006.
Ricky Martin’s heritage
The journey and the listening that the singer achieved internationally, led him to accumulate a fortunethanks to the sum of their shows, their sales and reproductions, their contracts to promote different brands, and even their participation in some audiovisual projects like the series American Crime Story.
It is estimated that Ricky Martin earns between US$700,000 and US$1,000,000 for every show he performs. Taking into account that on his last symphonic tour in 2023 performed more than 40 showsthe money he got surely exceeds US$30 million.
Nevertheless, Celebrity Net Worthin charge of calculating the fortunes of celebrities, estimates that Ricky Martin’s net worth is US$130 million.
This figure places it in the fifth place among the richest Latin artists in the worldjust one place behind the Mexican Luis Miguel.
Ricky Martin’s business
Thanks to his popularity, the singer was able to invest part of his fortune in different businesses. One of them is the buying and selling properties in the United States and the United Kingdom.
In the last decade, it was known that he also invested in the purchase and sale of real estate in Spain, Puerto Rico and Rio de Janeiro, Brazil.
On the other hand, also bought shares for 25% of the share capital of Kumiko Skincarea company specialized in skin care.
Another business that the Puerto Rican has is his own production housewhich is called Ricky Martin Entertainment Groupwhich in 2009 announced an alliance with the European group Zodiak Entertainment.
Likewise, he was not victorious in all of his investments, since in 1998 he allocated his money to Casa Salsa restaurantwhich had to close its doors at the beginning of 2000 due to balance sheet problems.
Ricky Martin’s properties
Ricky Martin’s fortune, of course, includes different properties. The main one is a huge mansion in Beverly Hills, Californiawhich is valued at US$13 million.
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Univision
It also has a department in New Yorkvalued at US$8,400,000 and recognized for its striking dimensions. This is one of the properties where you spend the most time.
The New York apartment was bought by same year you sold another property what he had in Beverly Hills that was worth US$15 millionin 2006.
Besides, He owns a villa in Madridfrom a private island off the coast of Rio de Janeiro and a huge property in Puerto Rico. However, the exact amount of these three is unknown.
How the separation from Jwan Yosef affected his fortune
In early July 2024, it was revealed that Ricky Martin had separated from Jwan Yosefa painter of Syrian origin with whom the famous Puerto Rican singer was married for six years.
So far, it is not known if Martin must pay a monthly pension to Jwan for custody of his children, but it is known that the artist will be able to keep all the works of art that they came to collect together throughout their marriage. This collection is valued approximately at US$5 million.
Likewise, the agreement stipulates that if Jwan sues Ricky for moral damages or any prejudice, he could keep half of his fortune. This way, you could pocket US$65 millionbut everything seems to indicate that their separation took place in an atmosphere of peace.
Source: Ambito
