Net Worth Ranker
What Is Usher Raymond IV’s Net Worth?
Usher Raymond IV, known professionally as Usher, boasts a significant net worth estimated at $180 million. This substantial wealth is primarily derived from his successful career as a singer, songwriter, producer, and actor. Usher’s financial success stems from a combination of record sales, touring revenue, strategic business ventures, and endorsements.
Early Career and Musical Success
Usher’s journey began in Dallas, Texas, where he was born on October 14, 1978. Recognizing his vocal talent, his mother, Jonetta, guided him to join the local church choir in Chattanooga, Tennessee, at the age of nine. To further his musical career, the family relocated to Atlanta, where he began recording professionally and making guest vocal appearances. He attended North Springs High School. At age 13, Usher’s appearance on “Star Search” led to an audition with L.A. Reid and LaFace Records. He was signed on the spot after singing Boyz II Men’s “End of the Road”. This early exposure and signing set the stage for his future accomplishments.
Usher’s self-titled debut album was released on August 30, 1994, at the age of 16. The album peaked at #25 on the Billboard charts, selling 500,000 copies. In September 1997, Usher released his second album, “My Way,” which spawned the #1 single “You Make Me Wanna…”. It was certified Gold and Platinum in the U.S. “Nice & Slow” peaked at #1 in January 1998. The album has been certified six-time platinum. His third album, “8701,” was released in August 2001, featuring hit singles “U Remind Me” and “U Got It Bad,” both topping the Billboard Hot 100. Usher won Grammy Awards for Best Male R&B Vocal Performance for both “U Remind Me” and “U Don’t Have to Call” in consecutive years.
Usher’s fourth album, “Confessions,” released in March 2004, achieved Diamond status with over 10 million copies sold. The album sold 1.1 million units in its debut week. It’s lead single “Yeah!” spent six weeks at #1. “Confessions” earned Usher three Grammy Awards. In total, Usher has released nine studio albums, including “Here I Stand” (2008), “Raymond v. Raymond” (2010), “Looking 4 Myself” (2012), “Hard II Love” (2016), and “Coming Home” (2024). All five albums reached the top five on the Billboard 200 chart. Six of his albums have been certified Platinum or higher by the RIAA. His ten #1 singles include “U Remind Me” (“8701”), “OMG” (“Raymond v. Raymond”), and “Yeah!” (“Confessions”). Usher has sold around 80 million records globally, making him one of the best-selling artists of all time.
His contributions to other songs include “How Much” (Mariah Carey, “Rainbow”), “Same Girl” (R. Kelly, “Double Up”), and “First Dance” (Justin Bieber, “My World”). Usher has won eight American Music Awards, eight Grammy Awards, and 18 Billboard Awards.
Ventures and Investments Contributing to Usher’s Net Worth
Usher’s ventures extend beyond his music career. He co-founded RBMG Records with Scooter Braun in 2008. This company was created in conjunction with Island Def Jam, specifically to debut Justin Bieber. Usher’s involvement in discovering and mentoring Justin Bieber has been a notable factor in his business success. In addition to RBMG Records, Usher’s side projects include US Records, co-ownership of the professional basketball team the Cleveland Cavaliers, and co-ownership of Tidal. In 2022, Usher partnered with Remy Martin and starred in commercials to promote their champagne.
Usher founded a non-profit charity called New Look, which aims to “provide young people with a new look on life through education and real-world experience”. He’s launched chapters in many major countries across the U.S. He was given the Freedom Award for his work with New Look by the National Civil Rights Museum in Memphis.
Usher has also enjoyed partnerships and endorsements through the years with big names such as Samsung, Mastercard, and Pepsi, turning him into a household name.
Real Estate Holdings and Transactions
Usher has been involved in several real estate transactions. In 1998, he purchased a 10,000-square-foot mansion in Alpharetta, Georgia, for $1.2 million and sold it in 2018 for $1.5 million. In 2007, Usher paid $3.04 million for a 13,000-square-foot estate in Roswell, Georgia. He sold this home in 2013 for $2.2 million. Also in 2007, he purchased a 2,908-square-foot home in Atlanta for $970k but sold it at a loss in 2019 for $775k. In 2015, Usher bought a home in the Hollywood Hills above the Sunset Strip for $3.37 million. He sold it for $3.3 million in November 2018. In 2022 he bought another Hollywood Hills home, this time paying $3.4 million. He sold this home in July 2024 for $3.8 million.
