The net worth of Lana Del Rey is estimated to be $40 million as of January 2024.
Lana Del Rey is thought to be among the greatest female singers of all time. Critics have praised her music for having a stylized, cinematic quality and for being preoccupied with themes of tragic romance and glitz. In 2011, Lana Del Rey started to receive a lot of attention, and she has since become a very well-liked international artist.
Who is Lana Del Rey?
Lana Del Rey, an esteemed American singer-songwriter renowned for her ethereal, cinematic, and evocative music, gained significant recognition following the release of her breakthrough single "Video Games" in 2011. Formerly known as Elizabeth Woolridge Grant, she adopted the stage name Lana Del Rey. Her music possesses a distinguished quality, characterized by a melancholic and vintage-inspired tone, consistently delving into themes of love, grief, and Americana.
Both critical acclaim and commercial triumph have defined Del Rey's career. Her second studio album, "Born to Die," achieved chart-topping success worldwide, solidifying her position as a prominent figure in the music industry. Subsequently, she has released several albums, such as "Ultraviolence," "Honeymoon," and "Lust for Life," all of which showcase her distinctive style and evocative storytelling.
Real Name | Elizabeth Woolridge Grant |
Alias | Lana Del Rey |
Net worth | Estimated $40 million |
DOB(Age) | June 21, 1985 (37 years old) |
Height | 5 feet 6 inches |
Weight | 63kg |
Nationality | American |
Marital Status | Single |
Partner/Spouse | N/A |
Zodiac Sign | Cancer |
Profession | Singer, Songwriter, Producer |
What is Lana Del Rey’s Net Worth as of 2024?
The estimated net worth of Lana Del Rey is $40 million as of January 2024. Her music and modeling careers have supplemented her income, and her net worth is obvious given her number of hit albums and Grammy nominations.
Robert Grant, an estate broker and the president and CEO of Web Media Properties, is the father of Lana Del Rey. When she first started out, her millionaire father reportedly supported her career. Del Rey was sent to a pricey boarding school in Connecticut that cost more than $40,000 per year when she was a teenager and was causing problems at home and struggling with alcohol abuse.
The net worth of Robert England Grant Jr. and Patricia Ann Grant, the parents of Lana Del Rey, is unknown. However, given the widespread rumors that Del Rey's father is a multi-millionaire, it is likely that they have a sizable net worth, perhaps in the double digits of millions.
According to rumors, Lana Del Rey makes more than $3 million annually. Of course, this figure can change depending on the singer's workload and whether or not she is touring. According to estimates, Lana Del Rey makes more than $200,000 per month. That would indicate that she makes at least $6,666.67 per day based on those same metrics.
Based on these estimates, Lana did not appear to have received any assistance from her father. The idea that Del Rey's family wealth had anything to do with her success has also been refuted by David Nichtern, the owner of her former record label, Five Point Records.
How did Lana Del Rey make her money?
Lana Del Rey has gained her financial success through a variety of means. Her principal revenue streams are song sales, concerts, and product sales, and she has an outstanding net worth of $40 million. Notably, her concert tours, like as the "Lust for Life" tour, have made more than $30 million and contributed significantly to her financial success.
She has also dabbled in acting, fashion and beauty brand endorsements, and the establishment of her own popular perfume line. Her smart relationships with high-profile companies such as Gucci and H&M have increased her revenue. Furthermore, her presence on streaming services such as YouTube and Spotify has resulted in significant streaming money, strengthening her financial position.
Also Read: How many songs does Lana Del Rey have?
Sources of Income
The primary source of income for Lana Del Rey was her success as a musician and singer-songwriter, but she also worked as a model. However, the exact amount of money she received for this is unknown.
Endorsements
Del Rey has modeled for the clothing company H&M outside of the music industry. She also influenced Mulberry, a luxury handbag company, to design "The Del Rey," a special edition handbag just for her. However, her endorsement-related earnings are unknown.
Concerts
Several of Lana Del Rey's tours have been wildly successful. She is said to have made $6 million on her “Endless Summer Tour,” $2 million on the "Normal F***ing Rockwell Tour" before the pandemic forced its cancellation, and $22 million on her allegedly highest-grossing tour, the “LA to the Moon Tour.”
It's unclear how much money Del Rey makes from each performance. Even on high-grossing tours, not all of the money goes to the singer because numerous people are working on the tour who are paid. Lana Del Rey can be hired for an event for a fee ranging from $999,999 to $1,499,000, so she does demand a hefty fee for each live performance she accepts.
Music Industry
According to reports, "Born to Die" by Lana Del Rey has reportedly sold nearly 7 million copies worldwide as of this writing. The amount of money Del Rey has made from this album and its singles is unknown (as is the case with her other albums).
Most often, artists receive between 10% and 20% of the proceeds from the sale of each album. Additionally, we are aware that on Spotify and other music streaming services, artists make between $0.0031 and $0.00437 per stream. We can therefore assume that Del Rey has made millions from "Born to Die."
"Snow on the Beach," a song by Taylor Swift, features Lana Del Rey. It is unknown how much money Del Rey made from her work on the song, though. Some musicians receive hundreds of thousands of dollars for a song's feature. Fans were disappointed to learn that the artist says fewer than 20 words and is barely audible after the song's release.
Del Rey later remarked, “Well, first of all, I had no idea I was the only feature." “Had I known, I would have sung the entire second verse like she wanted.” "My job as a feature on a big artist’s album is to make sure I help add to the production of the song, so I was more focused on the production.”
Expenditure
Car Collection
Lana Del Rey's car collection includes the Jaguar F-Type ($126,700), the Jaguar XJL ($98,990), and the Mercedes 380 SL ($88,000). It is unknown if Lana Del Rey has made any recent purchases.
Philanthropy
Del Rey has contributed to numerous causes over the years and made several recordings freely available as gifts to aid causes she supports. All of the proceeds from her 2019 single "Looking for America" were donated to relief funds for the victims of the August 3–4 mass shootings in El Paso, Texas, and Dayton, Ohio, as well as the July 28 shooting at the Gilroy Garlic Festival.
In October 2020, she gave the Dig Deep Water project, which supplies clean water for some of the Navajo Nation's most vulnerable communities, $350,000 from the proceeds of the sale of her book “Violet Bent Backwards over the Grass.” Del Rey released a cover of "You'll Never Walk Alone" later in December to raise money for the Liverpool F.C. Foundation-supported charities.
Real Estate Assets
Lana spent $3 million on a Malibu beachfront home in 2015. 2018 saw her sell this home for $3.2 million. In LA's Echo Park neighborhood, Lana paid $1.2 million for a two-bedroom cabin-style house in 2018.
Lana built her LA compound, which serves as her primary residence, throughout three different transactions. For the first parcel, she paid $2.5 million in 2013. In 2016, she spent $5.9 million on the two nearby houses. In the hills above Beverly Hills, the compound spans 4 acres.
FAQs
A. The net worth of Lana Del Rey is estimated to be $40 million as of January 2024.
A. Lana Del Rey’s real name is Elizabeth Woodridge Grant.
A. Lana Del Rey was born on June 21, 1985 making her 38 years old as of January 2024.