How much is Mike Posner worth?
| Net Worth: | $10 Million |
|---|---|
| Profession: | Professional Singer |
| Date of Birth: | February 12, 1988 (age 34) |
| Country: | United States of America |
| Height: | 5 ft 10 in (1.78 m) |
About Mike Posner
Michael Robert Henrion Posner was born on February 12, 1988 and is an American singer, songwriter, poet, and record producer with an estimated net worth of $10 million. His career began in the late 2000s during the time he was still attending the Duke University.
In 2010, he released his debut single and studio album, both of which boosted his popularity. Since then, he has released numerous chart-topping megahits such as “Cooler Than Me”, “Please Don’t Go”, and “I Took a Pill in Ibiza”, with the latter even receiving a Grammy nomination for song of the year.
Mike became famous after the release of his debut studio album in August 2010. He was born on February 12, 1988, in Detroit, Michigan. He was raised in the northern suburb of Southfield, Michigan. He has a six years older sister. After graduating from the Bingham Farm Elementary School and then the Berkshire Middle School, Mike enrolled at the Groves High School. During his time, he ran cross-country and varsity track.
In the late 2000s, during the time he was still attending Duke University, in which he was part of the Sigma NU fraternity and from which he later got a bachelor’s degree in sociology, Mike became friends with Sean Anderson, who was a rising music star. Being friends with Big Sean inspired him to become a musician himself and soon, Posner pursued a music career. In 2008, he began producing projects for Sean, with the first one being a song titled “Yagum”, featured in his first mixtape.
The song that helped the singer become rich and reach stardom was “I Took a Pill in Ibiza”. He first began working in the music industry as a record producer. After helping Big Sean with the creation of his first mixtape, he slowly transitioned into a singer and released his own mixtape – Reflections of a Lost Teen. In 2009, he released his second mixtape A Matter of Time, which helped him gain attention in the music industry.
In July 2009, he signed a record deal with J Records and three months later, released his third mixtape One Foot Out the Door. By the end of the year, he produced his own web series with the same name and he was able to earn from the project. 2010 marked the beginning of success for Mike Posner. In mid-April that year, his debut single “Cooler Than Me”.
The song, which served as a lead single to his first album, was a commercial success. After selling millions of copies, it earned gold and platinum certifications in seven different countries. It even entered music charts in over twenty countries worldwide. From his debut single, he was able to earn enough to kickstart his career as a professional artist.
What makes Mike Posner so successful are his many diverse music projects. In August 2010, the talented singer and songwriter released his debut studio album titled 31 Minutes to Takeoff. The album was met with positive reviews and it was a commercial and critical success. By the end of the year, the project sold over 1 million copies and entered various album charts in Belgium, France, Greece, and the United States.
Throughout the rest of the 2010s, the artist released four more albums – At Night, I’m Alone, A Really Good Kid, and Keep Going. His by far most successful album is his sophomore from 2016. He signed a record deal with multiple labels such as Island Records, Beartrap, and Monster Mountain.
To further promote all of his music projects, Mike is known for touring all over the world as both a headliner and an opening act for established artists such as Justin Bieber, Kesha, Demi Lovato, and Nick Jonas. Most recently, after the release of his fourth album, Posner announced he’s going on a hiatus as he’s planning to walk across America. His quest began in March and ended in October 2019 with more than 3,000 miles covered.
Posner’s Total Net Worth
Mike Posner has earned estimated total career income of $22 million dollars. As Posner lives in the state of California, he will have had to pay around 49% in taxes on his career income. After tax, it is estimated that his career earnings are at around $11.22 million dollars, having paid $10.78 million dollars in taxes.
Mike Posner is not married and has no children. In 2013, Posner bought a $1 million dollar property in the Hollywood Hills. In his personal life he has likely spent $1-2 million dollars of his career earnings but also earned $2 million dollars from his investments. He will have also had to pay around $1.5 million dollars in business related costs. Therefore, it is estimated that Mike Posner has a net worth of about $10 million dollars.
Summing-Up
Mike Posner started his career a little over a decade ago and since then has achieved a lot. Right after he released his single in early 2010, his name rose to stardom. Continuing the momentum that he picked up with his first single, the Grammy-nominated artist released his gold and platinum-certified debut album. He continued to flourish in the music industry with projects in many genres, starting from pop and hip hop to folk and R&B.
