Ricky Martin Net Worth: Music Career & Lifestyle

Ricky Martin
Ricky Martin (Source: WallsDesk.com)

“King of Latin Pop,” “Latin Music King,” Enrique “Ricky” Martin Morales, aka Ricky Martin, has a net worth of a whopping $120 million.

Ricky Martin is a singer, songwriter, and actor from Puerto Rico.

He is one of the bestselling Latin music artists with more than 70 million records sold worldwide.

He is also the most influential Latin artist.

Similarly, Martin is considered a legend who brought Latin pop music into the mainstream of American music culture.

Ricky Martin
Ricky Martin (Source: The Indian Express)

Besides music, he has achieved substantial success as an actor.

Martin started his music career as a member of the all-boy pop group Menudo at the age of 12. Later, Martin embarked on a solo career and released several Spanish-language albums throughout the 90s.

Aside from Spanish-language albums, Ricky has also released several English-language albums. In 1999 he released “Livin’ La Vida Loca,” which featured on his debut English language album.

It sold a collective of 15 million copies worldwide and also earned him critical success internationally.

Ricky Martin | Quick Facts

Birth Name Enrique “Ricky” Martin Morales
Date of Birth December 24, 1971
Known As Ricky Martin
Place of Birth San Juan, Puerto Rico
Nickname Ricky
Religion Roman Catholic
Nationality American, Spanish, Puerto Rican
Ethnicity Spanish, of Basque and Canarian descent
Education Tisch School Of The Arts
Horoscope Capricorn
Father’s Name Enrique Martin Negroni
Mother’s Name Nereida Morales
Siblings Fernando Morales, Eric Martin, Daniel Martin, Vanessa Martin, Angel Fernandez Morales
Age 50 Years Old
Height 5 feet 11 inches or 182 cm or 1.82 m
Weight 82 kg
Chest 43 inches
Waist 33 Inches
Arms 15 Inches
Build Athletic
Eye color Dark Brown
Hair Color Black
Profession Singer, Songwriter, Actor
Active years 1984-Present
Sexual Orientation Homosexual
Marital Status Married
Wife/ Spouse’s Name Jwan Yosef (m. 2017)
Past Relationships Gabriela Sabaitini (1992), Adriana Biega (1998-1999), Ines Misan (2001-2002), Carlos Gonzalez (2010-2014)
Debut Album With Menudo Evolucion (1984)
Debut Solo Album Ricky Martin (1991)
First TV Show The Love Boat (1985)
Children Lucia Martin, Matteo Martin, Valentino Martin
Hobbies & Interests Singing, Traveling, Exercise, Music
Favorite Actor Robert DiNero
Net Worth $120 Million
Social Media TwitterInstagram, Spotify, Facebook, YouTube
Last Update October 2022

Ricky Martin Net Worth & Income

Ricky Martin’s Net Worth

The Puerto Rican pop musician, actor, and author Ricky Martin has a net worth of a staggering $120 million as of October 2022.

As mentioned before, Martin has sold over 75 million records worldwide, which makes him one of the best-selling Latin artists of all time.

Ricky Martin’s Income

His 1993 album “Me Amaras” sold over 700,000 copies, earning him $850,000.

Similarly, in 1995 he released his album “A Medio Vivir,” which was certified four times platinum by Spanish PROMUSICAE, gold by IFPI-FIN, IFPI – SWI, and RIAA platinum by SNEP – FRA.

The album earned Martin a whopping $1.4 million.

Likewise, he managed to earn $2.3 million in the year 1998 from his album sales and various other endeavors.

Moreover, his 1999 album “Ricky Martin” made him $725,000. It garnered seven times platinum certification by RIAA.

Furthermore, in 2000 he released “Sound Loaded,” which was certified two times platinum by ARIA and RIAA. The album earned Martin $3 million.

Besides, his 2001 album “The Best of Ricky Martin” and “La Historia” earned the music star $230,000 and $5.2 million, respectively.

In 2003 Ricky released his seventh studio album “Almas Del Silencio” which was certified four times platinum by RIAA. The album managed to garner Martin a staggering $4.3 million.

His 2005 album “Life” sold 274,000 copies and earned him $290,000.

Likewise, his 2006 MTV Unplugged was certified platinum by RIAA. It earned $1.25 million.

Similarly, Ricky’s ninth studio album Música + Alma + Sexo, released in 2011, earned $1.1 million and also garnered a platinum certification.

Also, his gold-certified album “Greatest Hits Souvenir Edition” released in 2013 made around $735,000.

Ricky Martin Performing Live
Ricky Martin Performing Live (Source: Vulture)

Apart from his album sales, Ricky also earns well from his live performances, tours, acting endeavors, and brand promotions.

Social Media Earnings

Like every other music star, Ricky has a considerable fan following on his social media.

His YouTube channel has 6.33 million subscribers with over 6 billion views. According to Social Blade, his YouTube channel alone makes approximately $1.9 million each year.

Similarly, he has over 16 million followers on his Instagram account, which earns him around $50,000 per sponsor post.

Besides, his Spotify profile has more than 13 million monthly listeners.

The exact figure of his earnings from the streaming platform has not been revealed, but we are pretty sure he earns tens of thousands of dollars from the platform.

Moreover, Martin has also served as a judge on a string of music competition shows, including The Voice Australia and The Voice Mexico.

Ricky Martin’s Net Worth in Different Currencies

Here is Ricky Martin’s net worth in some of the major currencies around the world.

Currency Net Worth
Euro € 105.61 million
Pound Sterling £ 88.26 million
Australian Dollar A$ 167.11 million
Canadian Dollar C$ 151.68 million
Indian Rupee ₹ 8,936,106,000
BitCoin ฿ 2871.91

Ricky Martin | Houses & Cars

Houses

One of the dashing Latin pop stars, Ricky Martin, has a decent real estate portfolio.

With a net worth of $120 million, Ricky Martin owns several pieces of properties in different parts of the world.

He owns a large property in Puerto Rico.

Similarly, he has a private island off the coast of Rio de Janeiro, Brazil, and a villa in Madrid, Spain.

Moreover, Ricky splashed a massive $13.5 million for a gorgeous home in Beverly Hills, California, United States, in November 2016.

He had purchased a condo in New York City in 2016 for $6 million, which he listed in the market for $8.4 million at the time of his Beverly Hills estate purchase.

Furthermore, he also owned a mansion in Beverly Hills, which he offloaded for $15 million in 2006.

In addition to that, he off-loaded another New York City condo for $7.55 million in 2015.

Cars

Given his background and success in the music industry, Martin can have and flaunt the cars he wants.

As opposed to what happens many times with music artists, Martin has managed to manage his assets well without wasting them on addictions.

His choice of wheels includes a Range Rover, a couple of vintage cars, a Chevrolet Suburban, and an Aston Martin. Duh!!

Ricky Martin | Lifestyle & Vacations

Ricky Martin looks young for his age, maybe because he goes through an intensive skincare routine every morning.

He eats healthy and spends a lot of time in his home gym.

He uses a handful of inside-out complexion-saving tools. Eye pads, alkaline water, an antioxidant moisturizer, and ice cubes are some of the stuff Martin uses, latter of which he glides over his skin to boost circulation.

Similarly, for the finishing touches, he uses a Blind Barber sea salt spray on the tip of his hair.

Ricky Martin
Ricky Martin (Source: Verve times)

Moreover, the first thing that the Latin pop icon does in the morning is that he gulps down a lemon, garlic, and honey, immune-boosting shot.

After that, he does a meditation session which he discovered during a trip to India.

Ricky is a vegetarian.

As for his relationships and personal life, Ricky fathered twin boys via a surrogate mother in 2008.

Despite the fact that he was involved in a romantic relationship with Mexican TV host Rebecca de Alba for over a decade, he came out of the closet in 2010. He later clarified he is attracted to both women and men.

He began dating Jwan Yosef and got married in 2016. Together they have two children.

As one might expect, Martin loves traveling. Since he has vacation homes in some of the hottest tourist destinations on the planet, it’s no surprise that he is always on the run.

His go-to places to travel for vacation include Hawaii, Ibiza, Brazil, Puerto Rico, Italy, and the British Virgin Islands.

Ricky Martin | Charity

Ricky Martin founded a non-profit organization Fundación Ricky Martin (Ricky Martin Foundation), in 2004.

For his humanitarian efforts, Ricky has been honored with numerous accolades, including Billboard’s Spirit of Hope Award, Vanguard Award, International Humanitarian Award, and an ALMA Award.

Similarly, he was honored with the Hispanic Heritage Award for rescuing children from the streets of Kolkata, India.

Likewise, Martin was appointed as UNICEF’s Goodwill Ambassador in December 2003.

Moreover, as a homosexual, Ricky actively supports LGBTQ rights and is also considered a gay icon by the media.

He supports same-sex marriage. Similarly, on 12th November 2012, he also delivered a speech at United Nations Homophobia Conference.

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Ricky Martin | Movies & TV Shows, Endorsements & Books

Movies & TV Shows

Ricky Martin was offered a role in the Mexican telenovela Alcanzar Una Estrella while he was performing onstage in Mama Ama el Rock. He joined the show for the second season.

Similarly, he also starred in the 1993 Mas que alcanzar una Estrella, a film based on a TV series. The role earned him the El Heraldo Award.

Apart from that, Martin has appeared in tons of other film projects and has also worked as a voice artist on animated films.

He also appeared on the TV series American Crime Story as Antonio D’Amico in 2018.

Endorsements

Often cited as a sex symbol Ricky Martin has been the face of various brands.

He has endorsed brands such as Casa Salsa, Hanic, LANVIN, and Nescafe, to name a few.

Similarly, he also inked a deal with Pepsi in 1999.

Likewise, in July of 2021, Martin partnered with Kumiko Skincare. The deal’s exact figure has not been revealed, but it is said to expire in 2024.

Ricky has also appeared in TV commercials and print ads for the brand.

Investments

In October 2020, Martin launched his company Martin Music Lab partnering with music engineers Michael Seaberg and Jaycen Joshua.

The company is focused on Orbital Audio technology for mental wellness.

Books

In November 2010, Martin released New York Times Best Selling book titled Me. The autobiography debuted on number five of the New York Times best-selling Hardcover Nonfiction list.

 "ME"
Ricky Martin’s “ME” (Source: Amazon.com)

The book was also published in Spanish-language simultaneously. The Spanish version of the book is named Yo.

Similarly, in November of 2013, Martin published his first children’s book entitled Santiago the Dreamer in Land Among the Stars. Spanish version of the book Santiago El Soñador en Entre Las Estrellas was released simultaneously.

Ricky Martin | Career

At the age of nine, Martin began to appear in TV commercials for toothpaste, soft drinks, and various other products.

He had appeared in 11 Puerto Rican TV commercials by the time he was eleven.

He was accepted in the boy group Menudo at the age of 12 because of his dancing and singing skills.

Martin left the group at the age of 17 and moved to New York City.

After a few years of struggle, he was signed by Sony. He released his first self-titled studio album with Sony in 1988, and the rest is history.

As of October 2022, Ricky Martin’s net worth is $120 million.

Unknown Facts About Ricky Martin

  • Even though he was raised Roman Catholic, he has stated that he is open to all sorts of religious beliefs particularly Buddhist.
  • Angered and hurt by his father’s ultimatum, Martin didn’t talk to his father for more than a decade.
  • Martin was more thrilled about performing at the Grammy Awards than actually bringing home an award because the audience was one of the most demanding of his career.

FAQs

How many Grammys does Ricky Martin have?

Ricky Martin has won two Grammy Awards to date; one for Best Latin Pop Performance in 1999 and the other for Best Latin Pop Album in 2016.

Did Ricky Martin do Botox?

Apparently, Martin has not used any sort of Botox or fillers to his face.

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