How much was Vicente Fernandez worth?
| Net Worth: | $20 Million |
|---|---|
| Profession: | Professional Singer |
| Date of Birth: | February 17, 1940 (aged 81) |
| Country: | Mexico |
| Height: | 5 ft 6 in (1.7 m) |
About Vicente Fernandez
Vicente Fernandez is a Mexican actor, director, producer, and singer. Known also as Chente, he is considered one of the most successful Mexican artists of all time. His career began in the 1960s as a busker, and, since then, he has starred in more than 30 films and has recorded well over 50 albums. The cultural icon’s repertoire consists of Mexican classics such as racheras.
At the height of his career, it is estimated that Vicente Fernandez earned income equal to a salary of $5-7 million dollars per year.
Throughout his career, which spanned over five decades, he has won multiple awards including fourteen Lo Nuestro Awards, eight Latin Grammys, three Grammys, and a star on the Hollywood Walk of Fame.
The artist became famous first with his acting in the 1971 film Tacos al Cabron. He was born on 17 February 1940 in Tepatitlan de Morelos, Mexico. He spent most of his childhood in his father’s ranch at Guadalajara. He began working various jobs such as a waiter, cashier, dishwasher, and manager at his uncle’s restaurant at a very young age. At that time, concurrently with working, Chente found a passion for acting and singing.
During his early years, Vicente took part in several music festivals and even won one in Arandas, Mexico. During the 1950s, he won multiple competitions and even earned some additional income as a result. In the 1960s, during his early twenties, he decided to devote himself to music full-time and pursue a music career. At the time, he moved back to Jalisco and performed as a busker, while also taking part in the televisions show La Calandria Musical.
In the mid-1960s, thanks to his singing, he was able to find a job at restaurants where he earned below an inflation-adjusted $800 per month. In early 1966, the most popular singer of Mexico, Javier Solis, passed away and his record label CBS Records International saw the potential of Fernandez to follow in his footsteps.
Immediately after signing with the label, Fernandez released his first single – “Perdoname”, which became a chart-topping hit in Mexico and Latin America. Throughout the 1970s, he continued to release new music. Among some of his best projects from that decade remain “El Rey”, “El Hijo del Pueblo”, and “Para Recorder”.
Concurrently with releasing new music and touring Mexico, he also starred in his first film – Tacos al Carbon from 1971. Starting the 1980s, in addition to receiving an estimated $4 million dollars from his acting and singing, he began earning multiple awards and nominations.
During his international breakthrough, the Mexican artist starred in many commercial films such as La Ley del Monte, Matar o Morir, El Cuartero, and Coyote and Bronca. After twenty years of acting, his last role in a film was in the 1991 musical drama Mi Querido Viejo.
Since then, apart from music, he has been heavily associated with the PRI (Partido Revolucaiodo Institucional), one of Mexico’s leading political parties.
Ever since he signed a record deal with CBS Records International, which is now known as Sony Music Latin, Vicente Fernandez has found international success. In the past 35 years, he has recorded more than 50 music albums and 300 songs. He has toured the world multiple times, and, his final performance was in April 2016 at the Estadio Azteca.
For the past five decades, the influential singer and songwriter has won the hearts of millions and earned himself multiple awards and achievements. In addition to awards, he has also been inducted into several hall of fames such as Hollywood Walk of Fame, Billboards’ Latin Music Hall of Fame, and International Latin Music Hall of Fame to name a few.
Fernandez’s Total Net Worth
Vicente Fernandez has earned estimated total career income of $35 million dollars. As Fernandez lived in Mexico and will have likely paid around 40% in taxes on his career income. After tax, it is estimated that his career earnings were $21 million dollars, having paid $14 million dollars in taxes.
Vicente Fernandez married Maria del Refugio Abarca Villaseñor in 1963 and they remained together until Vicente’s death in 2021. They had four children and lived a stable life. In his personal life he likely spent $5-6 million dollars of his career earnings but also earned $5-6 million dollars from his investments. He will have also had to pay around $1-3 million dollars in business related costs. Therefore, it is estimated that Vicente Fernandez has a net worth of about $20 million dollars.
Summing-Up
With more than 50 million copies sold worldwide, Vicente Fernandez is one of the best-selling artists of all time in Mexico. Despite his retirement from live performances in 2016, he continues to record and produce his own music. Because of his talents, he’s earned the nickname “The King of Ranchera Music” and is considered one of the overall most successful Mexicans ever.
