Ricky Martin, a Puerto Rican pop singer, and actor is one of the world’s most famous entertainers. Haven’t you heard about him? We are about to change that.
Though, we consider it is pretty hard not to know about the artist, at least one of his songs. But we get if you have never gone too in-depth with who he is.
For a short bio, He has been in the music business for over 20 years, and his rags to riches story are nothing short of amazing.
He has contributed greatly to bringing Latins’ culture into new countries, especially the USA, where he records most of his music and projects today. Also, he has been invited to many popular TV shows and artists all over the world price his work.
But with so much popularity and success, this is the question: how much does he earn?
We can add another question to that one: how did he reach this peak?
We will make sure to answer those questions and even give some more info we’re sure you will appreciate.
Into His Childhood: Who Is Ricky Martin?
Although he is known by this name, we need to make a statement: this is his artistic name.
His actual name is Enrique Martin Morales, who was born on December 24, 1971, in San Juan (Puerto Rico).
His father was a psychologist and had five other children. Therefore, Enrique was raised with four brothers and one sister in a Roman Catholic family. Although his father was married, there isn’t much info about Ricky’s mother.
What we know is that Enrique was two years old when his parents divorced, and not long after, his passion for singing came to the surface.
By six years old, he was singing along to his favorite pop songs in both Latin and English. Enrique’s grandmother, a poet, inspired him to write his own songs and supported his dream to become a great artist in the industry from a very young age.
While pursuing his career, he started appearing in commercials for toothpaste and soft drinks at the age of nine. Enrique had already appeared in 11 Puerto Rican commercials before he was 11 and brought his name to other people’s mouths.
After his hard work and several auditions, he was accepted into the Latin boy band called Menudo. Enrique, who was just 12 years old, was accepted into the band because of his outstanding dancing and singing abilities that were quite polished for a child thanks to all his practice.
Although Menudo was famous around South America and part of North America, Enrique quickly discovered that the band’s rigid management and exhausting schedule were not to his liking. However, he still loved performing on stage.
Now, Martin couldn’t take it for that much longer, and then when he was 17, he left the band, especially after record sales started to drop.
Enrique was still a minor and couldn’t access his bank account until he graduated high school in Puerto Rico. Fortunately, there weren’t many problems with this, and after he finished and turned 18, he moved to New York City to enjoy the money he earned while being part of the band.
However, he would discover himself moving to Mexico City to play a part in the play “Mama Ama el Rock.”
When a producer noticed him, he was performing on stage and offered to star in a Mexican Telenovela. The show was about a fictional pop band and earned recognition.
Outside of the usual Telenovela schedule, the group also released several semi-successful records and toured Mexico.
This participation and great standing image earned him a contract with Sony after the telenovela and story ended.
Finally, A Solo Career: Growing in the Music Industry
After all the journey working with boy bands, which were quite popular at the time, Ricky finally got his chance with Sony to work on his solo career.
Following the contract, his first album was “Ricky Martin.” This marked the beginning of his quite stylized stage identity and how everyone knows him today.
It was a huge success and led to a tour across Latin America. Later, he collaborated with Juan Carlos Calderon for his second studio album, “Me Amarás.” Martin moved to Los Angeles in 1994 to perform at shows like “Getting By” and “General Hospital” thanks to his increasing popularity.
Without any kind of rest, he continued boosting his music career in 1995 when he tried a mix of traditional Latin and pop sounds. As a result, he went for his third album, “A Medio Vivir,” which featured the hit song “Maria,” which exemplified this new approach to Latin musicality.
The album sold over 3 million copies around the world, and people loved Latin music, thanks to his great contribution. Followed by this success, he got the chance to appear on Broadway in “Les Miserables” in 1996.
1998 saw the release of “Vuelve,” his fourth album. It was certified platinum and has sold more than 8 million copies around the world. He also composed a song for the FIFA World Cup 1998 and performed it during finals, bringing more popularity to his career.
Also, this brought Latin pop to the attention worldwide, and the album earned Ricky Martin a Grammy.
Martin’s career made a significant step forward in 1999 when he became an English-speaking performer to expand to new audiences and ensure he was getting his great debut.
Later that year, Martin’s self-titled album was released. It contained the hit song “Livin’ La Vida Loca” we are sure you know about. If not, go give it a listen now!
The album also included Madonna in one of the records, and the collaboration made him reach her big audience.
Today, “Livin’ La Vida Loca” is the song that sparked an interest in Latin pop music for English-speaking listeners. Many believe Ricky Martin’s single-handedly opened the doors to artists like Jennifer Lopez, Enrique Iglesias, and Shakira, who didn’t wait too long to follow his steps into the market.
The 1999 album sold 15 million copies in total worldwide and was certified seven times platinum.
He released the album sound loaded in 2000. It contained the hit song “She Bangs.” Later, the album sold over 8 million copies and earned a double-platinum status.
Then, Martin released “La Historia” in 2001. He returned to Latin roots in 2003 with “Almas del Silencio.” In 2005, he released the album Live.
As you can see so far, Martin didn’t actually take a break during the late 90s and early 2000s. In fact, this was his best season, and he just kept going.
He released MTV unplugged in 2006. Then he embarked on an ambitious worldwide tour. Now, following this, the hardworking singer finally took a three-year break in 2007 to concentrate on his personal life.
Mentioning his personal life, we are in for the gossip that is not such gossip anymore.
Ricky Martin had twin boys in 2008 through a surrogate mother. However, the gossip of the new decade was how he came out as gay when he was in a long-term relationship with Rebecca de Alba, a Mexican television host. He made the official announcement in 2010.
Later, he clarified that he was attracted to both men AND women but preferred to be in romantic relationships with men. This is why he started dating Jwan Yosef and then got married while also having two more children.
During his coming out as gay, Ricky Martin was back with an autobiography, “Me” and a hit, “Lo Mejor de Mi Vida Eres Tu,” which featured Natalia Jimenez.
He released “Musica + Alma + Sexo” in 2011. The album also featured the dance hit “Mas.”
Ricky Martin was a guest on the TV shows “Glee” and “The Voice Australia” in 2012. After a tour, he was invited to appear on “The Voice Mexico” in 2014.
He then toured Mexico. From that time, he continued to appear on various broadcasts of “The Voice.” He released the album “A Quien Quiera Escuchar” in 2015.
Martin was awarded another Grammy Award for the album, and his last achievement was his nomination to the Emmy after a prominent role in 2018’s “American Crime Story.”
In 2021, he released three new songs, but when he made the announcement in 2020 that he was working on a new album, people had been waiting for it.
Ricky Martin Net Worth: How Much Is He Worth?
We know you’re dying to know about numbers, especially after all that career and how he remains relevant after over two decades.
Well, you will be happy to know he is worth $120 million as of January 2022, and there’s more to come as we way for his next album and projects.
As expected, most of his net worth comes from his discography, previous tours, and his roles played on TV shows and telenovela.
But how much did he earn per show, album, and tour? That’s pretty hard to tell.
You see, there aren’t many details about how much money Ricky made with all his success, or more like he never disclosed the details.
Although you can have an average based on sales and salary, you need to consider inflation and other earnings or expenses we don’t know about.
So, let’s set this straight: we can’t give you a breakdown, but you have got the total for now.
We can help you consider his investments that include real estate in all this numbers’ game.
His main property has been a $13.5 million home in Beverly Hills, California, since 2016. He listed a New York City apartment when purchasing this property that he bought for $6 million 4 years prior.
He listed it for $8.4 million and actually sold it for the price.
However, he made more money based on his previous sale in 2006 of a property in the same city for $15 million, which would be worth more in 2016 if we consider the current property.
Among other acquisitions, he has a villa in Madrid and an exotic private island off the coast in Rio de Janeiro, Brazil, and a mansion in Puerto Rico.
Charity Work: Is Ricky Martin a Philanthropist?
You bet he is! Actually, Ricky has been known for helping others, especially children, since his early years.
Firstly, he has been a UNICEF goodwill ambassador for over a decade and closely works with Habitat for Humanity. He contributes with large donations but also with this presence and hard work in many events and projects.
Additionally, The Ricky Martin Foundation focuses on the well-being of children worldwide, not only in Puerto Rico, and provides support for education, health, and social justice.
The foundation condemns human trafficking and makes sure to run campaigns to create awareness and make it stop in some main Latin American countries and around the world.
He openly supports 13 different charities and foundations and makes constant yearly donations of thousands and millions of dollars.
He is always open to bringing awareness to children’s lives and how hard it is for a great percentage of them around the globe. Thus, you can expect this great artist to be a great human being.
Inspiration as a Human & Money Maker
Rich, handsome, generous, and talented. He is definitely someone you want to have as a role model, especially when there aren’t any defects (as we know) that can make you regret your decision.
Also, it is a great idea to think about his career. How this young boy worked hard, and although he was blessed with a talent for dancing and singing, it is mostly about hard work and pursuing your dreams.
Thanks to that, he is rich and one of the most famous Latin artists worldwide.
Now, how does this translate to you in other aspects? Well, one would be the fact that you want to make money. There’s no need to deny that.
This is when it’s not a bad idea to learn from others and use their experience as motivation. To ensure you’re learning as much as possible and making progress.
Ricky has shown to be strong in both his career and personal life, so why not get some motivation from him?
Music may not be the best option to make money for you, though. But what about trying other opportunities like lead generation?
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The hardest task is that this must enable you to create leads and clients while companies sign contracts and gain their new jobs with prospects.
Individuals or businesses can handle this process themselves, but it can be tedious and time-consuming without any kind of assistance. It’s not as simple as it looks and takes extra work to follow Google’s preferences and how it ranks you.
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