Shakira is making headlines with the agreement she has reached with the Spanish authorities in the trial against her for tax evasion.
The woman from Barranquilla lived in Spain for more than a decade before moving to Miami in 2023 and was accused of tax fraud for not paying 14.5 million euros in taxes from 2012 to 2014.
The shocking figure is only a minuscule amount of the money that the singer has made in her impressive artistic career, especially since her crossover to the English market in 2001.
Shakira is the second most successful Hispanic singer of all time, behind only Gloria Estefan, as she has sold more than 80 million albums throughout her career.
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The 46-year-old Barranquilla native signed her first contract at age 13 and has accumulated countless trophies and honors thanks to hits like “Hips Don’t Lie,” “Waka Waka (This Time for Africa),” and “She Wolf”, among many more.
In 2012 it was announced that the star would sign an exclusive contract with Sony and Live Nation to distribute his album material, which at that time was valued at about $30 million.
Shakira, this November 20 in Barcelona, where the hearing was held for the tax evasion case against her:
In 2021, Shakira sold the rights to her musical catalog — which includes some 145 songs — to the Hipgnosis Songs label, signing the agreement for an undisclosed sum but presumed to be several tens of millions of dollars.
Thus, the specialized site Celebrity Net Worth estimates that Shak’s current fortune is around $300 million dollars, making her one of the wealthiest singers.
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The pop star has more than 90 million followers on Instagram and 124 million on Facebook. And she is the head of Shakira Perfumes, a successful online store with clothing and records, and her foundation Pies Descalzos.
To that we must add the impressive mansion in Miami Beach, FL, where the singer lives with her children Sasha and Milan Piqué, which she acquired years ago for about $3.5 million, plus other properties and assets in her portfolio.