How much is Justin Timberlake worth?
| Net Worth: | $260 Million |
|---|---|
| Profession: | Professional Singer |
| Date of Birth: | January 31, 1981 (age 42) |
| Country: | United States of America |
| Height: | 6 ft (1.85 m) |
About Justin Timberlake
Justin Timberlake was born in Tennesse in 1981. He was surrounded by music from an early age. His family even ran a church choir. His father was the biggest influence on him in his early years and introduced him to some of his favorite artists such as Johnny Cash and Willie Nelson. Justin sang in the church choir and performed mostly gospel music. Later influences on him were blues artists such as Stevie Wonder and Marvin Gaye.
At the peak of his career, it is estimated that Justin Timberlake earned income equal to a salary of $30-50 million dollars per year.
His first exposure to the lights of the stage was in the Mickey Mouse club. He was a member of the club for 3 years. There he would meet Britney Spears and Christina Aguilera. He would date Britney and go on tour with Christina. He also met future actors Ryan Gosling and Keri Russell.
Lou Pearlman, whose vision of a successful boy band full of beautiful teenagers was new at the time, would be the most important figure in the success of your Justin Timberlake. The band was named NYSNC. It formed in 1995, but it would take them 3 more years to rise to fame. After those three years, they finally released their first album. It was self-titled and it sold like few debut albums in the history of pop music. In the first year, it sold more than ten million copies. It also gave them their very first hit single, Tearin Up My Heart.
From then on every record they put out was a massive success. Their second album, title No Strings Attached, sold 2.5 million copies in the first week that it was released. They have created many hits during their time together. Some of their best known and most successful songs are Bye Bye Bye, Girlfriend, This I Promise You.
They even performed at various high-end events, such as the Olympics and the Super Bowl. They have sold more than 60 million albums and are one of the best selling boy bands of all time. But tensions were high at the beginning of the 2000s and the band went on hiatus in 2002.
As soon as the band went to a hiatus, Justin Timberlake started making music for his solo projects. He had been considering going solo for over a year before the hiatus even happened. He even wrote a song that he insisted Michael Jackson perform. After Michael Jackson rejected the song, titled “Gone”, it was recorded by NYSNC. He then teamed up with Pharrell Williams and Timbaland to create his new album.
He also returned to one of his other creative passions during those years. He started to appear in movies. The first movie for him was a Disney produced vehicle called Model Behavior. By the end of 2002 his solo album, Justified was released. He promoted it during the MTV Music Video Awards and accompanying tour. The album was top 10 in both the US and the UK. He also released two singles from the album, Cry Me a River and Rock Your Body. Both singles peaked at top 5 in the US.
Justin Timberlake and Christina Aguilera went on a tour together in 2003. Both of them were in a new phase of their career, trying to shun their preppy, Disney image. His first large paycheck as songwriter and composure would arrive a year later. He created the song I’m Loving It. It is estimated that McDonald’s bought the song for an estimated $6 million dollars.
He was a guest star in a lot of TV shows and even hosted Saturday Night Live on numerous occasions. Between 2008 and 2012 he focused more on acting than on his music and starred for the most part in romantic comedies. The best example of such a movie is Friends With Benefits acting alongside Mila Kunis. He also gatherer a lot of praise for his small, but significant role in the movie The Social Network. After the hiatus, he released two more albums, The 20/20 Experience in 2013 and Man in the Woods in 2018.
Justin Timberlake has immense musical talents and charisma. His love and curiosity for music were fostered from an early age. He grew up in a family full of musicians. He was directed towards the best influences he could have at his age.
He is also an incredible and rare example of a child star who actually made a name for himself as an adult. The majority of child stars flame out in some sort of spectacular way. But he persevered and created a lasting legacy for himself. Even if the split with his former boyband, NYSNC, wasn’t the most pleasant affair, everyone will acknowledge that Justin Timberlake was the brains, creative genius and voice that made that band what it was.
His charm and charisma also helped him get a break on TV. A handsome, beautiful man, it is obvious why teen girls love him on screen. But he also proved that he can act while staring in The Social Network (2011) and that he can successfully carry a full-length movie in Friends with Benefits (2011).
Timberlake’s Total Net Worth
Justin Timberlake has earned estimated total career income of $400 million dollars. He earns as much as $30-50 million dollars per year and, in 2022, he sold his song catalog to Hipgnosis Song Management for $100 million.
Timberlake has also earned substantial sums from his endorsements, including with McDonald’s where he was majorly involved with the “I’m Lovin’ It” campaign. He earned a reported $6 million in 2003 from McDonald’s and much more to date, including sponsorship deals with Sony, Givenchy’s men’s fragrance “Play”, and Walmart.
As Timberlake has lived between the states of California and New York, he will have had to pay around 48% in taxes on his career income. After tax, it is estimated that his career earnings are at around $208 million dollars, having paid $192 million dollars in taxes.
Justin Timberlake married Jessica Biel in 2012 and they remain together. They have two children together, Silas Randall and Phineas Timberlake. In his personal life Justin has likely spent $10-14 million dollars of his career earnings but also earned $75 million dollars from his investments. His business ventures include clothing likes like William Rast and collaborations with Levi as well as Sauza Liquors. He also owns a minority stake in the Memphis Grizzlies.
In real estate, Timberlake has bought and sold properties in California, Tennessee and New York. In 2002, he bought a mansion in the Hollywood Hills from Helen Hunt for $8.3 million dollars. In 2010, he bought a penthouse property in Soho, New York City for $6.6 million dollars. In 2015, he paid $4 million for a 130-acre undeveloped estate near Nashville. In 2017, he joined a long list of A-list celebrities from the likes of Ryan Reynolds to Harry Styles who purchased units in a new Tribecca condominium. Timberlake paid $20.2 million for a 5,400 square-foot duplex penthouse. He later sold it for $29 million, in 2022.
Justin Timberlake will have also had to pay around $12-14 million dollars in business related costs. Therefore, it is estimated that he has a net worth of around $260 million dollars.
Summing-Up
The career of Justin Timberlake has been remarkable, to say the least. He is a musician that has created a long-lasting legacy for himself. He is the archetype musician that many members of boy bands want to model themselves and their future solo careers after. He was just a boy from a small town in Tennesse who enjoyed listening to records with his grandfather and singing in the church choir. With a love for art, and with talent, a small-town boy can be transformed into one of the biggest stars in the world.
