Janet Jackson has a net worth of $180 million. She is an American singer, actress, producer, and choreographer. She rose to fame in the late 1970s as part of the family’s variety show “The Jacksons,” and has since had a successful solo career.
Early Life and Career Beginnings
On the 16th of May, 1966, Janet Jackson was born in Gary, Indiana. Her brothers are from the famous Jackson 5 and she is the youngest of 10 children.
In March 1969, the Jackson family relocated to the Los Angeles area of Encino after signing a record deal with Motown.
In 1976, she and her brothers appeared on the variety show “The Jacksons,” which launched her career in the entertainment industry.
Her father and manager, Joseph Jackson, arranged for her to get a recording contract with A&M Records after she starred in many productions, including the sitcoms “Good Times” (1977) and “A New Kind of Family” (1979-1980).
Solo Music Career
Jackson released two albums, “Janet Jackson” (1982) and “Dream Street” (1985), under A&M Records and under her father’s management (1984).
She ended her business relationship with her family after her second album and released her third album, “Control,” in 1986, which had a more urban and mature sound than her earlier recordings.
“Control” received six Billboard Awards, three Grammy nominations, and four American Music Awards out of a total of twelve nominations.
Jackson cemented her standing as a celebrity in her own right with the release of her fourth album, “Rhythm Nation 1814” (1989), which put her out of the shadow of her renowned family.
It reached number one on the Billboard 200 chart and received six platinum certifications from the Recording Industry Association of America (RIAA). It was the only album ever to have three consecutive years of number one hits.
The music video for the single “Rhythm Nation” is considered one of the most famous and popular in history, establishing Jackson as a fashion icon; the “Rhythm Nation” music video also earned a Grammy Award in its lengthy version.
Her Rhythm Nation World Tour in 1990 was also the most successful debut tour in history at the time, breaking the record for the fastest sell-out of Japan’s Tokyo Dome.
Jackson signed a multimillion-dollar contract with Virgin Records after completing her A&M contract.
It was the largest female music recording deal of all time at the time, with a value of between $32 and $50 million.
“Janet.” (1993) was her first album with Virgin, and it debuted at number one on the Billboard 200 chart, with five number-one singles, including the Grammy-winning “That’s the Way Love Goes.”
“The Velvet Rope” (1997) and “All For You” (2001), her following two albums, also debuted at the top of the charts and sold a total of sixteen million copies worldwide.
She was rated the second most successful music artist of the decade by Billboard magazine, after Mariah Carey, at the conclusion of the 1990s.
“Damita Jo” (2004), “20 Y.O.” (2006), “Discipline” (2008), and “Unbreakable” (2009) are some of Jackson’s previous releases (2015). Rhythm Nation, which she co-founded with BMG Rights Management, released “Unbreakable” on her own label.
Jackson is still a significant pop musician with a long and illustrious career despite her age.
When Justin Timberlake tore her blouse open at the Super Bowl halftime show in 2004, displaying one naked breast, Jackson became the most-searched news topic in Internet history as reported by the 2007 Guinness Book of World Records.
Jackson referred to the incident as an “accident” and refused to apologize to CBS for it.
Jackson has acted in a number of films in addition to his songs. She first appeared on the big screen in 1993’s “Poetic Justice,” and has since appeared in films such as “Nutty Professor II: The Klumps” (2000), “Why Did I Get Married?” (2007), and “For Colored Girls” (2010).
Jackson married singer James DeBarge when he was 18 years old. In November 1985, the marriage was dissolved.
Jackson married Rene Elizondo Jr., a dancer, and director, in 1991 and kept the marriage a secret until their divorce in 2000.
Jermaine Dupri, a music producer, rapper, and songwriter, was Jackson’s boyfriend from 2002 to 2009. Jackson married Wissam Al Mana, a Qatari billionaire, in 2012.
They met in 2010. In January 2017, she gave birth to the couple’s son, and the pair announced their separation and divorce in April of the same year.
Rene Elizondo Divorce Settlement
Rene Elizondo filed a lawsuit against Janet for a $25 million payment after their nine-year marriage ended in divorce in 2000.
He could have been entitled to the entire amount, if not more because they were married throughout Janet’s most productive and prosperous years. Rene said in legal documents that they shared income and bank accounts during their marriage and that he had no money at the time.
He acknowledged that they had a prenuptial agreement, but claimed he had been forced to sign it.
They struck a deal after three years of legal wrangling, with Janet reportedly agreeing to pay Rene $10 million-plus legal fees.
Janet Jackson Is Not a Billionaire
Janet Jackson is not a billionaire, despite widely circulated internet rumors. The impression that Janet was a billionaire arises from a misreading of a May 2013 interview with Variety magazine. She married Wissam Al Mana, a wealthy Qatari retail mogul.
The author adds up all of Janet’s gross earnings over the last 20 years in the article. Sales of movie tickets, records, merchandise, and other items were included. $1.2 billion was the ultimate figure.
Ads praising Janet for being a “billion-dollar performer” surrounded the article. Hundreds of websites reported that Janet’s personal net worth had climbed to more than $1 billion as a result of the post and the deceptive marketing.
Clearly, this is incorrect. Janet’s personal bank account has nothing to do with the $1.2 billion in gross sales.