Madonna's Millions: 8 Ways She Makes And Spends Her Fortune

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Madonna sits atop her throne as being the Queen of Pop, and is truly a living legend that walks among us. Love her or hate her, the mere fact that she has dominated the world of music by paving her own path and leading the charts for decades is indisputable. She's admired by generations of fans and seems to appeal to the masses by unapologetically being true to herself. Never afraid to speak her mind or challenge topics that she believes needs to be addressed, Madonna has become one of the highest paid entertainers in the world. Her net worth currently sits at $850 million. This diva lives a very luxurious lifestyle, and spends money in a few areas that are critically important to her.

Heavy reports on the various income streams that Madonna has explored in order to keep her fortune flowing. Fans may be surprised at how this musical wonder spends her millions...

Earned: Making Money Off Her Music

It goes without saying that Madonna's primary source of revenue is through the sale of her iconic albums, and by income generated from her world tours. Her concerts sell out in mere minutes, and her albums have all risen to the top of the charts and shattered records along the way. In fact, Heavy reports that she has earned well over $1.5 billion in sales from touring alone.

Madonna is one of a handful of singers in the world that have had an album certified Diamond by the Recording Industry Association of America. To earn this status means she has sold at least 10 million-plus albums. She has achieved this high echelon of success with Like a Virgin and The Immaculate Collection.

Album sales bring in millions, as do her tours. When this mother of 6 children embarked on her Sweet & Sticky Tour in 2008, she was able to generate an astounding $408 million, shortly after her Confessions Tour earned $194 million. Music has definitely made her hundreds of millions of dollars.

Spent: Millions In Real Estate

Like many music moguls, Madonna opts to invest many of her millions in real estate. She's certainly not shy about living in the lap of luxury, either. Over the years Madonna has bought and sold a number of properties, of which we'll list just a few.

Wealthry reports that she once owned 6 properties in London as well as a New York apartment worth $16 million and spanning over 6,000 square feet. She also owned a smaller unit within the same building which cost her $7 million.

Madonna also owns a luxurious 18th-century mansion in Portugal which looks more like a luxury villa than a home. She dropped $9 million for this 5.5 acre property that comes with every possible feature you could ever imagine.

She has also snagged a 12,000 square-foot townhouse in New York City was for $32 million, along with a 50 acre investment in Bridgehampton, New York, which set her back $7 million.

Earned: Fashion And Beauty Products

Madonna has her own fashion label called M by Madonna, as well as Material Girl Clothing. She has sold her clothing in Macys, H&M, and even has a Truth Or Dare lifestyle brand as well.

Her biggest earner in the world of fashion and beauty comes from her beauty line called MDNA Skin. this brand of high end skincare products is a must-have for every Madonna fan, and nets her tens of millions of dollars each year.

Spent: Art Collection

Staying true to her artistic roots, Madonna has acquired a very impressive art collection worth in excess of $100 million. She spends a lot of her money on collecting very prestigious, historic art. She owns artwork created by Picasso, Diego and Rivera, Damien Hirst and Marilyn Minter.

Madonna hand-selects the art she is interested in and outbids anyone that tries to get in the way of her getting it. One of her prized possessions is one of just five paintings ever made by Frida Kahlo.

Earned: Making Movies

Proving to the world that she's capable of being artistic in a variety of different forums, Madonna was able to successfully cross over the world of music and enter into the movie scene with huge success. She has played roles in many different movies over the years, but there have been a few that really stood out among the rest as far as the income she was able to generate from them.

This songstress turned-actress managed to generate $2.5 million from her role in Body Of Evidence, and $1 million from Evita.

Spent: Jewelry

Madonna is known to have expensive taste in jewelry and often stacks her jewels one on top of another when she feels like she's in an exceptionally bling-y mood! Although she tends to keep her jewelry purchases quiet, Business Insider reports that she has "secretly bought the Wallis Simpson's Panther Bracelet in an auction for $12,500,000." This piece of historic jewelry once belonged to Wallis Simpson, and is onyx and diamond studded and hand-crafted.

She is also the proud owner of a diamond Necklace that is said to be encrusted with an estimated 500-1000 carats of diamonds. This whopping piece of sparkling heaven is worth $10 million, proving that nothing is too good for the Material Girl.

EARNED: Endorsements

Madonna's loyal fanbase has proven that they'll tap in to any market she promotes, making her wildly attractive to all sorts of big brands and organizations. Anything she promotes will surely see record-breaking sales within mere minutes, adding to the intrigue of the power she yields.

Madonna has a number of endorsements under her belt but is famously known for the endorsement deal she had with Pepsi in the early days of her career. She made $5 million from this, alone.

SPENT: Majestic Cars

Madonna has an eclectic yet majestic taste in cars and owns a variety of them as part of her enormous car collection. She seems to have a different car for every mood, and price is of course, no object.

Among the many fine cars in her garage, she boasts a Jaguar XE, And a Maybach 62S which set her back well over $350,000. She's also the proud owner of an exceptional BMW 7 series, and an Audi R8. Madonna even has a peppy Mini Cooper that she uses to boot around the streets of London.

Sources: Wealthry,Business Insider, Heavy