Connect with us

Arts

Jenni Rivera Net Worth 2023: The ‘Banda’ Lady Valued At $25M!

Published

on

Jenni Rivera net worth

Although Jenni Rivera tragically lost her life right when she was at the cusp of becoming a mainstream Mexican-Latino songstress, ‘La Diva de la Banda’ her tunes continue to reverberate. Recently, on the one hand, Peacock announced the release of a documentary titled – Who Killed Jenni Rivera, while on the other, her son announced the release of the album – Mision Cumplida, which is a collection of her unreleased songs. As her son wishes the Banda Wave to return with this album release, people globally have started digging up some old pieces of news. From Jenni Rivera net worth at the time of her death, to how much her kids have inherited, to how much she earned as compensation for her death.

Let’s once again visit the story of the famed singer who left for her heavenly abode a bit too early –

What is Jenni Rivera net worth?

Jenni Rivera net worth (1)

Image Credit: The US Sun

According to multiple financial websites, Celebrity Net Worth, and details revealed by her family, her professional value at the time of her unfortunate demise was $25 million (2012). There are certain portals that have falsely claimed her professional value to be at $40 million. However, this does not hold true. Also, this net value has not been estimated for the current financial year.

Having said that, one may state that if she was alive today, given the popularity that she had attained and the rate at which she was prominently promoting regional Mexican-Latino music, her net worth would have touched the golden $100 million mark (as per 2022 inflation-included estimates). However, this is a matter of pure conjecture, with no significant evidence found of the same.

In that case, let’s check out the areas that financially add to Jenni Rivera net worth, making it stand at the humongous figure that it is (in terms of the 2012 global economy).

How did she earn her millions?

As a noted singer, it is through her music compositions and her singing ventures that she has garnered maximum money. Apart from that, recently, her kids have released her album (a set of unreleased songs found in an old drive), which automatically added to her premium net value. Though the details of the proceeds are unavailable, without a doubt – given her popularity, it was a handsome amount.

Her earnings from her music

Jenni Rivera net worth (2)

Image Credit: CNN

Her primary genres of music, wherein she navigated, were – banda, ranchera, and nortena. She started her music career with a Father’s Day rendition in 1992. Given that her family already owned a records company, she had been a part of the music landscape right from her childhood and went on to record her debut album with Capitol. Her debut album – Somos Rivera, was released in 1992 and was a super hit.

After that, her albums – Que Me Entierren Con la Banda, Dejate Amar, Simplemente…La Mejor, all became massive hits. One after the other, her songs made wholesome money, which was followed up by stage performances, reality shows, album releases, and award money.

Sales of her albums

Jenni Rivera net worth (3)

Image Credit: Billboard

A noticeable amount of Jenni Rivera net worth has been from the proceeds of her music albums. Though her company or her kids have not revealed the actual millions that were added to her booty, what is worth noting is that – Forbes published a financial list of the Top 13 Dead Celebrities in the year 2013 – wherein her financial value in terms of sales from her albums was touted to be $7 million. This amount was procured from financial analysts, who had studied her music and taken note of the proceeds from her music sales and remittances from her stage performance.

See also  Making a Commitment to Environmental Sustainability

The proceeds from Jenni Rivera Enterprises

For those uninformed, the significant amount that Jenni earned from her music compositions and the sale of her albums were stacked up in Jenni Rivera Enterprise LLC, which she had set up to oversee her professional ventures (that includes real estate and a cosmetic brand headlined under her name).

Currently headed by her sister Rosie, this organization not only overlooks Jenni’s current set of posthumous work but also spent a portion of Jenni Rivera net worth in several charities and other merchandise ventures that Rivera initially took care of herself. Last heard, Sony Music Entertainment signed up with the Rivera Enterprise to distribute her music in Latin American countries.

Proceeds from her tequila brand

Jenni Rivera net worth (4)

Image Credit: Peru.com

Back in 2009, Rivera invested significantly in her tequila brand – partnering with 3 Crown Distributors. The official name of the tequila was – Tequila La Gran Senora, and it was supposed to be released between 2009 and 2013. However, Rivera passed away in 2012; hence, he could not see the brand’s success. Her kids, though, released a set of her personally tested tequila in 2016, the proceeds of which (details unavailable) have been added to her supposed current net worth (which is handled by her enterprise).

She has a biography to her name

The insanely popular singing sensation that she was, it is only natural that a book based on her life would also garner equal recognition, especially after the untimely death that the universe accorded to her. The book Unbreakable: My Story, My Way was released by his family on July 2, 2013.

It soon entered the New York Times Bestseller List, with over 9,000 Spanish copies sold (paperback version) and over 10,000 copies sold (hardcover English edition). A significant amount of the proceeds of the same was added to Jenni Rivera net worth, details of which are unavailable.

How did she die?

Jenni Rivera net worth (5)

Image Credit: New York Daily News

On the fateful hours of December 9, 2012 – Rivera, along with her crew members and two pilots, passed away in a tragic accident when her private jet nosedived in Mexico. An investigation led by the Mexican aviation department noted that Rivera’s flight, a Learjet, was being flown by a pilot aged 78 years, technically unfit for the same – as per Mexican flying rules.

The Rivera family filed a lawsuit against Starwood Management Inc, and supposedly received a compensation of $70 million.

Why is she back in the news?

Jenni Rivera net worth (6)

Image Credit: Peacock

It is quite surprising that after a long time, the internet has been crashing with searches like Jenni Rivera net worth, Jenni Rivera’s cause of death, and Jenni Rivera’s compensation. After all, it’s not every day that sensations make a comeback, and that too like this. There are categorically two reasons for the same.

First, her kids have decided to release a couple of her songs (that were thought to be lost, only to be found later in an old hard disc), and the streaming giant Peacock is bringing a limited documentary exploring the causes of her death and investigating into the reality behind the same.

See also  Know How Jada Pinkett Smith Net Worth Became A Massive $50 Million! 

Do we have details of her investments?

As far as investments are concerned, during her lifetime, she invested a large amount in her enterprise (the rights of heading the same, which she had given to her sister), her tequila brand, and a portion of real estate. The specific details of those are not available to the public, but given the number of charitable ventures that her enterprise partakes in, one must acknowledge that the amount is a handsome one.

Did she have any real estate to her name?

Jenni Rivera net worth (7)

Image Credit: TMZ

It was in the news back in 2016, that Rivera’s Encino, California home, was sold off to ex-98 Degrees singer, Nick Lachey. The Lachey couple had bought the 10-bath home for $4.5 million, the proceeds of which were to be divided among the kids (so stated). Apart from this, there has been no information regarding any real estate that Rivera may have bought.

How many cars did she own?

Given her net worth and popularity, it is inevitable that she must have had the best of vehicles at her disposal. But no formal information on the same is found.

Was she associated with any charity?

Jenni Rivera net worth (8)

Image Credit: Pinterest

During her lifetime, Rivera was associated with a number of charities and, in the later years of her career, also became the spokesperson for the National Coalition Against Domestic Violence(NCDV). Notably, she also supported both the American Stroke Association and the American Heart Association. Apart from that, she supported Children’s Hospital Los Angeles as a mentor. Her contributions led the Los Angeles City Council to name August 6 – Jenni Rivera Day for her involvement in charity and commitment towards the city council.

For the uninformed, during her lifetime, to extend her support to abused women, she invested a significant chunk of Jenni Rivera net worth in a foundation called The Jenni Rivera Love Foundation. To date, the organization helps emotionally abused women, victims of emotional or sexual violence, children, and the vulnerable resume their normal lives and integrate into society. They are provided formal education, vocational training, therapy, and a safe haven by Jenni’s Refuge, a home for the vulnerable. The foundation also conducts Jenni Vive, an annual fundraiser as a tribute to the songstress.

A quick look at some facts and figures

Jenni Rivera birthname Dolores Janney Rivera Saavedra
Billboard Magazine statement Top Posthumous Latin Artist of 2013
Award she won Lo Nuestro Award for Regional Mexican Female Artist of the Year – 2007. She won it 8 more times.
Aircraft that carried her Learjet 25
Date of birth July 2, 1969

Passed away – December 9, 2012

A glimpse into her family life

Jenni Rivera net worth (9)

Image Credit: Rolling Stone

Born in Long Beach, California, to Mexican parents – Rosa and Pedro, she was influenced by Mexican music from her childhood. Though her life did face a setback initially when she got pregnant at 15, she managed to look after herself and her family by selling records at the local flea market. She also completed her GED and then ventured into music full-time. She was married thrice and has 5 children from her first 2 marriages.

Parting thoughts

Jenni Rivera was a woman of honour who ensured through her contributions to the Mexican-Latino regional domain to uplift the culture of that domain. With her new set of music being on the verge of release, without a doubt, it will add a hefty amount to the already premium Jenni Rivera net worth.

If you still haven’t listened to her songs, it is time you switch tabs and pick out some of the best numbers of ‘La Diva de la Banda.’ For more info on net worth and celeb content, keep checking this website.

FAQ

1. What was Jenni Rivera net worth when she died?

Her supposed net worth at the time of her death (2012) was $25 million.

2. How did she die?

She died in a plane crash in Mexico.

3. What forms of music did she popularise?

She popularised Mexican music forms like – banda, nortena, and ranchera.

 

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Actors

Actresses

Musicians

Models

Amazing Facts