Is Janet Jackson’s Net Worth Now Over $1 Billion?

By Staff Reporter | Aug 22, 2014 07:09 AM EDT

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Is pop star icon Janet Jackson now a billionaire? With her rumored $1 billion net worth, Janet Jackson seemed to stir controversies over her actual net value.

Janet Jackson is an American recording actress and singer. She had been a famous figure in the pop culture and music industry for over 25 years. Janet Jackson started her career in 1976 and became a pop superstar in 1982 following her third album release called Control.

Janet Jackson earned various recognitions for her incredible talent and artistry. She was acknowledged for her socially conscious lyrics and was noted as a role model. Janet Jackson signed multi-million contracts and first of two record-breaking deals with Virgin Records which added up to her increasing net worth value. She was then established as one of the highest paid artists in the music scene.  Aside from being named as the decade's second most successful recording artist, she continued to appear on feature films.

Janet Jackson sold over 140 million records worldwide thus ranking her as one of the best-selling artists in the contemporary music history. She was also listed as the eleventh best-selling female artist in the US with 26 million certified albums. As one of the worlds's most awarded and celebrated artists, Janet Jackson's career longevity, albums and accomplishments reflect her influence in shaping and redefining the pop music scope. Almost two decades after, Janet Jackson remains as an essential pop icon with an impressive legacy.

However, still the biggest question after her numerous achievements, is Janet Jackson really a billionaire with over $1 billion net worth?

Numerous internet and social media rumors spread that Janet Jackson's net worth is now over $1 billion after she and her husband Wissam Al Mana, a billionaire Qatari retail tycoon, sealed their marriage vows. These reports are obviously false. The news was just generated from misinterpretations of the artist's interview on a magazine. Because of her successful career, clearly she rakes plenty of money but Janet Jackson is still far away from being a billionaire with $850 million difference on her current net worth.

As per reports, Janet Jackson has an estimated net worth of $175 million from accumulated earnings over the years of her career.  

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