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Key Takeaways
- R&B singer and songwriter Usher has a net worth of $180 million, according to Celebrity Net Worth.
- In 2023, Usher made $40 million from 34 shows at his residency at Las Vegas’ Dolby Live stage.
- In 2005, Usher invested about $9 million and became a part-owner of the Cleveland Cavaliers, with an estimated 1% stake in the basketball team, according to Forbes.
- Usher was among the original artist partners for Jay-Z’s music streaming platform Tidal.
Grammy Award-winning R&B singer and songwriter Usher is headlining Super Bowl LVIII in Las Vegas on Sunday, where the San Francisco 49ers will face off against the Kansas City Chiefs. It’s not Usher’s first Super Bowl performance—he performed alongside the Black Eyed Peas in 2011.
Usher, whose full name is Usher Raymond IV, has made millions from his decades-long career as an artist as well as through major endorsement deals and investments. Usher has a net worth of $180 million, according to Celebrity Net Worth. Here’s a breakdown of Usher’s fortune.
Music
Usher has made a fortune from his 30-year career as an award-winning singer and songwriter.
One of the best-selling artists of the 2000s, Usher’s 2004 album “Confessions” received a diamond certification from the Recording Industry Association of America (RIAA) after selling 10 million copies in the U.S. By 2016, the album had sold 20 million copies worldwide. The singer has won eight Grammy Awards in his career.
Usher also has made a fortune from his tours. The singer’s 2011 “OMG” tour brought in $75 million in ticket sales from 73 shows, 58 of which were sold out, according to The Hollywood Reporter. In 2023, Usher made $40 million from 34 shows at his residency at Las Vegas’ Dolby Live Amphitheater.
The award-winning singer was also a judge on singing competition show “The Voice.” Usher was a judge for two seasons, and earned an estimated $7 million for each season, according to StyleCaster.
RBMG Records
In 2008, Usher co-founded the Raymond Braun Media Group (RBMG Records) along with millionaire music manager, Scooter Braun.
Through the company, Usher and Braun launched teen popstar Justin Bieber, whom Braun discovered. When RBMG Records was acquired by HarborView Equity Partners in 2022, the firm bought Usher’s interest in Bieber’s music catalog for about $40 million, according to Billboard.
Investments
Usher has also made a fortune from savvy investments and endorsement deals.
In 2005, Usher invested about $9 million and became a part-owner of NBA team the Cleveland Cavaliers, with an estimated 1% stake in the basketball team, according to Forbes. While it is unclear how much of the team Usher still owns, if any, the Cavs were valued at $3.35 billion as of October 2023, according to Forbes.
Usher also was one of the original investors in Jay-Z’s music streaming platform Tidal. When former Twitter Chief Executive (CEO) Jack Dorsey bought the streaming service for an estimated $297 million in 2021, it is estimated that the original Tidal partners could have earned about $8.9 million on the deal, according to Variety.
Over the years, Usher has had partnerships with major brands such as Samsung, Pepsi, and Mastercard.