$14 Million
Jojo Siwa Net Worth 2021: JoJo Siwa is an American actress, model, dancer, singer, and reality television personality who has a total net worth of $14 million. After climbing to fame on the show named “Abby’s Ultimate Dance Competition,” Siwa began appearing on “Dance Moms.” Although reality TV absolutely helped put her on the famous map, JoJo’s real success came later after she established herself on the vlogging platform, YouTube. Many of her videos have thousands of millions of views, and she has almost 12 million active subscribers as of 2021. She has been named one of the most prominent people in the world.
Joelle Joanie Siwa was born on the 19th of May in 2003 in Omaha, Nebraska. After growing to prominence with music videos like “Boomerang” and also “I Can Make U Dance” on YouTube, JoJo started performing to sold-arenas following a tour in 2018. This tour originally went through 52 towns in the United States and Canada, and it was later extended to include cities in the United Kingdom and Australia.
Jojo Siwa Bow Tie Deals
We hear from many of JoJo’s supporters that her net worth must be significantly more high-priced than our current estimate since she has reportedly sold more than 40 million bow ribbons. Though this amount has not been independently confirmed or reported in a business journal, she is unquestionably earning a pretty penny from product sales. But even this 40 million number was correct, and it doesn’t certainly mean that JoJo herself is making some “hundreds of millions” of dollars off the sales.
In the case of a celebrity popular product line, the celeb regularly only gets paid after a certain number of sales milestones are reached following production and marketing costs are recovered. If JoJo has indeed sold over 40 million ribbons, it’s obvious that this sort of milestone has already been entered and surpassed. This indicates that she is indeed earning a percentage of the total profits.
Using the industry-standard cost per goods sold on a $9 front, we conservatively predict that each sale generates about $2.5 in net profit. Based on comparable celebrity endorsement deals that we’ve seen before, JoJo would be fortunate to get 20% of profits after all recouped costs. That’s about $0.54 per sale, pre-tax. If JoJo did sell about 40 million bow ribbons, she likely had to sell 10 million to recover initial costs. This would leave her with cumulative earnings of about $16 million pre-tax. Call it a cool $8 million after-tax.
Based on these considerations, it’s obvious that JoJo is, in fact, earning a serious quantity of cash from product sales only. Also, you have to keep in mind the fact that any net worth amount you see on our site is following taxes. So for someone to produce a net worth of over $14 million, they would have to earn about $25-30 million before taxes and several other fees. If JoJo maintains her prevailing level of popularity, we absolutely predict a day where she is worth about $50-100 million.
Real Estate
In February 2020, celebrityJoJo paid $3.5 million for a home in the LA suburb of Tarzana town, California. She was only 16 years old at the time, although she had more extra money than most people make in a lifetime. Siwa’s new real estate property was quickly revealed on her popular YouTube channel, and her loyal fans were given the grand indoor tour.
With about 6,000 square feet of living area, the Mediterranean-style residence gives plenty of space for JoJo’s whole family. Marble tiles, French doors, fireplaces, a gourmet kitchen, and many other indoor features guarantee that this young YouTuber will be living conveniently for years to come. Outdoor, there are a swimming pool and a large sports court.
Other ventures
Besides her merchandise and work ethic, The celebrity Siwa was also very active in traveling on the road pre-pandemic.
In 2019, Siwa earned a recorded whopping $27 million during her debut tour. Nickelodeon Studios and Party City, which presented the tour, got to pocket some of the money, though Siwa was still left with a tremendous chunk of money in the end.
As far as her real estate holdings, in Feb. 2020, Siwa purchased a $3.5 million home in Tarzana town, Calif., rife with “French doors, marble floors, fireplaces, a gourmet kitchen, and many other indoor features,” per Celebrity Net Worth.
