Mariah Carey’s Christmas Song Is Still Making Her Money

One look at any chart you can think of (including Billboard, Apple, and Spotify) during the holiday season, will show you one thing each year has in its first place. And that is Mariah Carey’s Christmas song. Mariah Carey’s iconic holiday single, “All I Want for Christmas Is You,” released in 1994, continues to be a popular and festive hit, maintaining its presence on the singles charts for 29 years. The song consistently reemerges during the holiday season and there is a reason why.

Mariah Carey’s Christmas Song – Every Year Marks a New Milestone

Mariah Carey’s annual ascent of “All I Want for Christmas Is You” on the Billboard Hot 100 is a testament to her status as Christmas royalty. Embracing the enduring popularity of her first Christmas song, Carey expresses excitement and validation, reflecting on how the song has become a holiday tradition. Despite the unpredictability of its yearly resurgence, she appreciates the joy it brings and has grown to love the song even more over the years. Carey acknowledges the unexpected and delightful phenomenon, highlighting the happiness it brings her and its enduring place in the holiday season.

Mariah Carey’s Net Worth Thanks to Her Christmas Song

Mariah Carey’s endearing holiday single, “All I Want for Christmas Is You,” has proven to be a financial powerhouse, continuously delivering substantial earnings. In 2022, the festive anthem generated an impressive $8.5 million in global revenue and publishing royalties, according to Billboard. The song has been a consistent earner for Carey, with an estimated $1.86 million in royalties earned in the previous year. A 2016 study by The Economist revealed that Carey has been averaging around $2.5 million in annual royalties from the song.

As the iconic track maintains its popularity, a report by the Associated Press suggests that the total earnings for “All I Want for Christmas Is You” could exceed $100 million in 2023. The song’s success is further underscored by its achievement of 1 billion streams on Spotify in December 2021 and its remarkable four-year streak as the No. 1 song on Billboard’s Hot 100 list.

However, her net worth comes from other sources as well.

Mariah Carey’s Income

Approximately 20 percent of her income comes from music royalties, and she receives multi-million dollar advances for her albums, particularly due to her songwriting prowess, as highlighted by Forbes. With Spotify paying artists at least $0.0033 per stream, and Mariah having 57,092,967 monthly listeners as of December 2023, she earns around $188,406 per month from streams alone.

Beyond music, Carey has diversified her earnings through ventures such as a children’s book titled “All I Want for Christmas Is You,” released in 2015. Her endorsement deals include collaborations with Intel Centrino, Angel Champagne, Pepsi, McDonald’s, Milk Bar, and more. Additionally, she has her own perfume line and an Irish cream liqueur brand called Black Irish. Mariah’s financial success extends to TV appearances, including an Amazon documentary in 2019 exploring the success of “All I Want for Christmas Is You.”

TV Appearances

Her involvement as a judge on American Idol in 2013 was reportedly valued at an $18 million contract for one year with an option to renew. Furthermore, she had an eight-episode reality series, “Mariah’s World,” airing on E! from 2016 to 2017, as reported by Variety. Collectively, Mariah Carey has strategically leveraged her talent, brand, and diverse ventures to build a substantial and varied income portfolio.

Mariah Carey’s current net worth is an impressive $350 million, as reported by Celebrity Net Worth, underlining the substantial financial success she has achieved throughout her career.

Are you a fan of the iconic Mariah Carey Christmas song?

You might also want to read: Our Picks for the Best Christmas Songs of All Time