American Singer-songwriter and Actress
#90 in Singers today
As of 2024, Ashanti has a net worth of $14 million USD. Recently she has not had much success in music and only makes $900K annually through royalties and concerts. Her net worth has stagnated.
Album Sales Income
Ashanti’s self-titled debut album sold over 500,000 copies in its first week and went on to be certified triple platinum, with sales of over 3 million copies. Her second album, “Chapter II,” also reached number one on the Billboard 200.
These albums, along with her subsequent releases, generated significant revenue through sales and royalties. According to estimates, Ashanti has made over $21 million to date through all of her music sales, including royalties.
Earnings from Collaborations
Ashanti’s collaborations with artists like Fat Joe, Ja Rule, and Jennifer Lopez brought her wider exposure and potentially increased music earnings. She still earns $700,000 per year from her music collaborations and all in all made over $9 million to date.
Ashanti Net Worth 2024 (Forbes)
Name | Ashanti Shequoiya Douglas |
Net Worth | $14 Million |
Salary per Episode | $100,000 |
Annual Income | $2.8 Million |
Music Royalties | $1.6 Million |
Earnings per Concert | $70,000 |
Losses in Stock Markets
Ashanti has faced a significant financial setback, losing $2 million in the stock market which reduced her net worth by 17%. Her investments in several declining stocks have resulted in substantial losses:
- Snap Inc. (SNAP) – Bought at $80, now $40, resulting in a $400,000 loss.
- Zoom Video Communications Inc. (ZM) – Purchased at $600, now $300, leading to a $300,000 loss.
- Roku Inc. (ROKU) – Acquired at $500, now $250, causing a $350,000 loss.
- Beyond Meat Inc. (BYND) – Invested at $200, now $70, with a $400,000 loss.
- Tilray Inc. (TLRY) – Bought at $100, now $40, resulting in a $550,000 loss.
Facts about Ashanti
- Ashanti was born on October 13, 1980, in Glen Cove, New York.
- She rose to fame with her self-titled debut album, released in 2002.
- Her debut album went triple platinum and won a Grammy Award.
- Ashanti was the first female artist to have her first three singles reach the top ten of the Billboard Hot 100.
- She collaborated with Ja Rule on the hit single “Always On Time.”
- Ashanti is known for her distinctive voice and R&B style.
- She starred in the films Coach Carter (2005) and John Tucker Must Die (2006).
- Ashanti has released several successful albums, including Concrete Rose and Foolish.
- She won the Billboard Music Award for Female Artist of the Year in 2003.
- Ashanti has also pursued acting and appeared in TV shows like Army Wives.
- She founded her own record label, Written Entertainment, in 2004.
- In addition to music, Ashanti has written a book titled “Ashantiโs Baby Book.”
- Ashanti’s net worth is currently growing at only 5% annual rate.