JENNIFER Lopez is one of the ultimate entertainers.
The 52-year-old singer and entrepreneur amassed a fortune over the years – all while breaking records and pushing boundaries.
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Jennifer at the ‘Halftime’ Premiere in New York CityCredit: Jose Perez/Bauer-Griffin/GC Images
She’s made a name for herself in multiple entertainment sectors as well as some pretty successful investments.
In the latest installment of our Celeb Riches series, we break down how the powerful businesswoman built her massive fortune.
How rich is Jennifer Lopez?
For over 30 years, JLo has entertained fans onscreen and on stage.
Although she came from humble beginnings, she’s worked her way to a $400million fortune, according to the popular celebrity site, Celebrity Net Worth (CNW).
The site also claims that she takes home quite the salary – a cool $40million a year.
How does she make her money?
JLo got her start as a dancer most famously for being a Fly Girl on the hit show, In Living Color.
Shortly after, she decided to pursue acting.
Acting
The star got her first big role in 1995 when she portrayed Selena Pérez in the biopic, Selena.
From there, her acting career took off.
She starred in dozens of films like Anaconda, with stars like rapper and actor Ice Cube, Jon Voight, and Owen Wilson.
Additionally, she scored roles in Enough, Maid in Manhattan, and made $15million to star in Monster-In-Law with Jane Fonda.
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The Wedding Planner debuted in 2001Credit: Columbia Pictures
In 2001, Jennifer became the first woman to have a number one film and album simultaneously thanks to the romantic comedy, The Wedding Planner, co-starring Matthew McConaughey.
Her sophomore album J.Lo was released in the same week.
But that was just the beginning.
She continued landing large roles in television and film.
She recently starred in and executive produced the massive hit, Hustlers.
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JLo starred in and executive produced HustlersCredit: Gloria Sanchez Productions
Her role as the outspoken stripper Ramona left many critics claiming she was snubbed from the Oscars.
Her latest films, Marry Me and Second Act, have also brought in millions at the box office.
In 2017 alone, she reportedly took home an estimated $199.5million.
According to Women’s Health, her films have amassed more than $3billion at the box office.
Music
In 1999, JLo released her first album titled “On the 6.”
The album was filled with hits like “If You Had My Love” and “Waiting for Tonight.”
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Her debut album titled “On the 6” was released June 1, 1999Credit: Legacy Recordings
“On the 6” went platinum within two weeks, according to Biography.
Since then, she’s recorded several studio albums, including a Spanish-language album.
Her wealth can also be attributed to the touring of her successful albums.
She raked in $50million for her 2012 Dance Again World Tour, according to Money Nation.
In 2019, her My Party Tour made $54.7million from just 38 shows, according to Parade.
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JLo at the It’s My Party Tour in Milwaukee, WisconsinCredit: Splash News
In 2016, her Las Vegas residency, All I Have, took place at Planet Hollywood’s Zappos Theater.
JLo performed 120 shows and because of the show’s success, she ended up extending the residency for three years.
During its three-year run, the show grossed over $100million in ticket sales.
Beauty
Her first fragrance, Glow by JLo, was practically an overnight success.
It later became the biggest celebrity fragrance ever, with over $2billion in sales.
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JLo’s Glow fragrance is attributed to many other celebrities breaking into beautyCredit: JLO Glow
Since then, she released over 17 fragrances, exceeding $2billion in sales since their launch.
After the success of her fragrances, she got into the fashion realm creating accessories, jewelry, watches, and bedding.
Her JLo Girls Collection reportedly made $175million in sales by 2003 which she later relaunched in 2010 with Kohl’s.
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JLo Beauty has products like moisturizers, cleansers, and serumsCredit: JLO Beauty
In April 2018, the entrepreneur released a limited-edition cosmetic line with Inglot and later launched her skincare line JLo Beauty.
The makeup line was projected to generate $15million in sales in its first three months alone, according to Stylecaster.
How does she spend her money?
Jenny has left the block.
Her real estate investments have made her quite a rich woman.
She owns tons of properties in places like Miami, Los Angeles, and New York City.
JLo bought her first luxury property in 2001 in the hills of Los Angeles.
The 11-bedroom home cost her a cool $4.3million.
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The 14,000-square-foot mansion was previously owned by actor Danny DeVitoCredit: X17ONLINE
She later put the home on the market and sold it for $12.5million.
In 2002, JLo bought a beachfront mansion in Miami with over 1.2 acres of land.
This seven-bedroom, 13-bathroom home was purchased for an undisclosed amount but undoubtedly cost her a pretty penny.
In 2016, she purchased a $28million seven-bedroom estate on eight acres in Los Angeles’ chic Bel Air that she shared with her ex Alex Rodriguez.
In 2018, Jennifer and her ex co-bought a condo on NYC’s Park Avenue for $15.3million and later sold it for $15.75million.
Since then, Jennifer has purchased at least four other homes, according to CNW.
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