How much is Carmen Electra worth?
| Net Worth: | $7 Million |
|---|---|
| Profession: | Professional Actress |
| Date of Birth: | April 20, 1972 (age 50) |
| Country: | United States of America |
| Height: | 5 ft 2 in (1.6 m) |
About Carmen Electra
Many people don’t realize that Carmen Electra actually began her career as a singer after meeting American singer-songwriter, Prince. He originally discovered her and signed her to his record label, where they produced her eponymous album, Carmen Electra. While her career in the music business didn’t work out for her financially, at least not directly, it had her meeting people who would later help advance her career. She has also continued to release singles, her latest being “Around the World” and “WERQ” which were released in 2014.
Another avenue of interest, which was far more successful for the celebrity, was her appearances as a glamour model. Electra has always been incredibly beautiful, she was ranked #10 of the “100 Sexiest Women” by FHM Taiwan in 2001 and has since made multiple lists in magazines of “The Most Beautiful Women Alive”. In 2003, she was chosen as the covergirl for Playboy magazine which included a nude pictorial of her on an inside page of the issue. Her appearance was met with praise, including from Howard Stern who commented that she “looks better today than she did ten years ago”.
In her acting career, Electra made her film debut with the role as Sulka in 1997’s An American Vampire Story. That same year she also began appearing as Lani McKenzie, in hit television series Baywatch. She continued to star until 1998, appearing in a total of 22 episodes. In film, she made small appearances, including in Scary Movie (2000), and has since notably appeared in Starsky and Hutch (2004), Epic Movie (2007) and Meet the Spartans (2008).
Carmen Electra was born to Harry and Patricia Patrick and is of English, German, Irish, and distant Dutch, descent. She was the youngest of five children and always loved to be active, dancing, singing and playing games. When she was still a teenager, she had a job as a dancer at Kings Island Amusement Park in Ohio. She also studied dance in school, first under Gloria J. Simpson at Dance Artists studio in Western Hills until age 9, and then at the School for Creative and Performing Arts (SCPA). She was an older classmate of Nick Lachey. As Electra had begun to take to other performing arts outside of dance, they were cast together in a school production of Peter Pan.
Still, Electra was much more taken with her pursuits in dance and told People magazine in 1997 that she’d “wanted to dance on Broadway.” As her career began to take shape Carmen Electra used everything that she had learned in school, and more, to become one of the most famous faces in the entertainment business, despite not being a big movie star, singer or even that big a model.
She was originally discovered and signed by Prince to his Paisley Park record label. With the label, she achieved some small success with her single, “Go-Go Dancer”. However it was not enough to support her and she also began to incorporate modeling, including posing nude for Playboy magazine. Her appearances as a model and being known for being incredibly sexy and attractive, is perhaps what has served her best, despite her many other talents.
Carmen Electra is also famous for her marriage to American former professional basketball player, Dennis Rodman. While it only lasted for around five months in 1998-99, or at least that is how long it took to get the marriage annulled, it drew a lot of attention to the up and coming celebrity. As did her later marriage to American guitarist and rockstar, Dave Navarro.
Electra’s Total Net Worth
Carmen Electra has earned small sums but in multiple professions and is extremely famous relative to her net worth. More than money, Electra is known for being incredibly talented, she is somewhat of a Paris Hilton-type who has engaged in multiple professions from music to cinema, and is a bona fide dancer. In total, Carmen Electra has earned estimated total career income of $13 million dollars.
Of that amount, $1-2 million is expected to have been paid in business related costs. The remainder, $11.5 million, will have been taxed at a rate of around 43% as Carmen Electra has been residing in the state of California. After tax, it is estimated that her career earnings are at around $6.55 million dollars, having paid $4.95 million dollars in taxes.
Carmen Electra married Dennis Rodman in November, 1998, in a Las Vegas wedding chapel after a very short time together. Nine days later, Rodman moved to have the marriage annulled and it was granted on the grounds that Rodman was drunk and in Law Vegas and had not known Carmen long enough to make the marriage one of true substance. In the circumstances, Rodman was not liable to make any kind of settlement payment to Electra.
Carmen Electra later married Dave Navarro in 2003 and they divorced four years later, in 2007. The couple had no children, and previous to being wed they had signed a prenuptial agreement that stated that there would be no spousal support in the instance of a divorce. There may have been a small amount paid to Electra, a previous amount stipulated for relocation or similar, however it is likely negligible for this net worth calculation.
A bright spot on Electra’s balance sheet has been her investments. She publicly bought a property in Beverly Hills for $1.35 million in 2002 and sold it for $3.75 million in 2014, having lived in it for twelve years. She did however make a small loss on a property that she bought for $2.7 million in the Hollywood Hills, which she sold at a reported loss of around $300,000.
In her personal life, Carmen has likely spent $1-2 million dollars of her career earnings but also probably possesses assets valued at around $1 million, not including investment assets. Many men have of course doted and provided gifts to Carmen, including clothing and jewelry, she has therefore likely performed better than many of her contemporaries in terms of money spent. In her investments, she may have earned investment returns of around $1 million dollars. Therefore, it is estimated that Carmen Electra has a net worth of around $7 million dollars.
Summing-Up
Carmen Electra always loved to dance and express herself. She learned to sing, dance and act at an early age and poured all of it into a career in Los Angeles. While she did not experience that much success as a singer, her incredible beauty is known about in all four corners of the globe. She is perhaps just as popular as a model and as a Playmate in Asia, as she is in the United States. It is not only her looks but also her charming personality which have won her roles in movies, another bright spot in her career, along with her investments.
