Jojo Siwa is a famous American performer in many different fields. Siwa’s appearances on “Dance Moms” followed her meteoric rise to popularity on “Abby’s Ultimate Dance Competition.” Are you interested in knowing Jojo Siwa’s net worth? If yes then start reading:
JoJo’s genuine success came after she became well-known on YouTube; reality T.V. just served to increase her exposure. Many of her videos have tens of millions of views, and by 2020 she should have over 12 million subscribers. She is considered to be one of the world’s most influential individuals.
Jojo Siwa Early Life
Joelle Joanie Siwa was born in Omaha, Nebraska, on May 19, 2003. After becoming famous on YouTube with videos like “Boomerang” and “I Can Make U Dance,” JoJo went on tour in 2018 and started playing in sold-out arenas. At first, this tour went to 52 cities in the U.S. and Canada. Later, it was expanded to include cities in the U.K. and Australia.
Jojo Siwa Career
Jojo started her career by taking part in A.U.D.C., and then she and her mother appeared on Dance Moms. Because she loves to sing and dance, she put out her first single album, I Can Make You Dance and Boomerang, in 2016. Her songs were watched more than 900 billion times around the world. She also worked with Clair and JCPenney to make products for her brows and a line of accessories and home decor.
- In 2017, she published several books for kids and appeared in movies and T.V. shows like “Blurt,” “The Masked Singer,” and “Honey Boo.”
- In 2008, she went on her first musical tour, called “D.R.E.A.M.,” in cities in the U.S. and Canada.
- She has also won awards like Favorite Musical YouTube Creator, Favorite Social Music Star, Favorite TV Host, and Nickelodeon Kids’ Choice Awards.
- In 2020, Time magazine put her on a list of the top 100 most influential people.
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JoJo Siwa Bow Tie Sales
Many of JoJo’s fans tell us that she must be worth a lot more than we think because she is said to have sold 40 million bow ribbons. Even though this number hasn’t been independently confirmed or written up in a business magazine, she makes a lot of money from selling her products. But even if that 40 million number was correct, it doesn’t mean that JoJo herself is making “hundreds of millions” of dollars from the sales.
In the case of a celebrity product line, the celebrity usually doesn’t get paid until a particular sales milestone is reached after the costs of making and marketing the product have been paid back. If JoJo has sold 40 million ribbons, it’s clear that this kind of milestone has already been reached and passed. This means that she is getting a share of the money made.
Using the average cost per item sold in the industry for a $9 bow, we think each sale makes a net profit of $2.5. From what we’ve seen of similar deals with other celebrities, JoJo would be lucky to get 20% of profits after costs are paid back. Before taxes, that’s $0.54 per sale. If JoJo did sell 40 million bow ribbons, she would have had to sell 10 million more to get back what she spent on the first 40 million.
This would give her a total income before taxes of $16 million. After taxes, let’s call it $8 million. These calculations show that JoJo only brings in a significant amount of money from selling her products. Also, please remember that any estimate of your net worth on our website considers taxes paid.
Therefore, someone with a net worth of $14 million would need to make $25-30 million before taxes and the numerous additional fees associated with other financial obligations. We fully envision a day when JoJo will be worth between $50 and $100 million if she continues to enjoy the degree of fame that she already does.
Jojo Siwa Net Worth
Jojo Siwa’s net worth is approximated to be around $14 million. Sources say that she makes $2 million every year. Her YouTube channel, songs, acting, and dancing careers bring in most of her money. Jojo also makes money through her business, which sells hair brow products, home decor, and other accessories. She also promotes brands and writes books with other people.
Jojo Siwa Real Estate
In February of 2020, JoJo purchased a home in the Los Angeles suburb of Tarzana, California, for the price of $3.5 million. Even though she was only 16 years old, she had more money than most individuals make in their lives. Siwa’s new home was unveiled in a hurry on her YouTube channel, where her devoted followers were given a guided tour of the space.
The Mediterranean-style home has a living space of 6,000 square feet, which is more than enough room for JoJo and her entire family. This young YouTuber will enjoy a comfortable lifestyle for many years because of their home’s numerous luxurious interior amenities, including marble floors, fireplaces, a gourmet kitchen, French doors, and many more. A swimming pool and a sports court may be found outside of the building.
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