- R&B singer and songwriter Usher has a net worth of $180 million, according to Celebrity Net Worth.
- As of 2023, Usher has earned $40 million from 34 shows during his residency on the Dolby Live stage in Las Vegas.
- In 2005, Usher invested approximately $9 million and became part owner of the Cleveland Cavaliers, with an estimated 1% stake in the basketball team, according to Forbes.
- Usher was one of the original artist partners of Jay-Z's music streaming platform, Tidal.
Usher, a Grammy Award-winning R&B singer and songwriter, will headline Super Bowl LVIII in Las Vegas on Sunday, where the San Francisco 49ers will take on the Kansas City Chiefs. This isn't Usher's first Super Bowl performance: he performed alongside the Black Eyed Peas in 2011.
Usher, whose full name is Usher Raymond IV, has earned millions from his decades-long performing career as well as major sponsorship and investment deals. Usher has a net worth of $180 million, according to Celebrity Net Worth. Here's a look at Usher's net worth.
Usher made his fortune during his 30-year career as an award-winning singer and songwriter.
One of the best-selling artists of the 2000s, Usher's album “Confessions” received a diamond certification from the Recording Industry Association of America (RIAA) after selling 10 million copies in the United States. As of 2016, the album has sold 20 million copies worldwide. . The singer has won eight Grammy Awards during his career.
Usher also made his fortune from his tours. The singer's 2011 “OMG” tour brought in $75 million in ticket sales for 73 shows, including 58 sold-outs, according to The Hollywood Reporter. As of 2023, Usher has earned $40 million from 34 shows during his residency at Dolby Live Amphitheater in Las Vegas.
The award-winning singer has also been a judge on the singing competition “The Voice”. Usher was a judge for two seasons and earned around $7 million for each season, according to StyleCaster.
In 2008, Usher co-founded the Raymond Braun Media Group (RBMG Records) with millionaire music executive Scooter Braun.
Through the company, Usher and Braun launched teenage popstar Justin Bieber, whom Braun discovered. When RBMG Records was acquired by HarborView Equity Partners in 2022, the company bought out Usher's stake in Bieber's music catalog for approximately $40 million, according to Billboard.
Usher also made his fortune through shrewd investments and sponsorship deals.
In 2005, Usher invested approximately $9 million and became part owner of the Cleveland Cavaliers NBA team, with an estimated 1% stake in the basketball team, according to Forbes. While it's 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 was also an early investor in Jay-Z's music streaming platform, Tidal. When former Twitter CEO Jack Dorsey purchased the streaming service for an estimated $297 million in 2021, it is estimated that Tidal's original partners could have made around $8.9 million on the agreement, according to Variety.
Over the years, Usher has partnered with major brands such as Samsung, Pepsi and Mastercard.