Cher’s Net Worth Forbes: How Much Money Does The Singer Make, and Why Is She So Rich?

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Cher’s incredible fortune makes her one of the richest singers in the world. What is her exact net worth and how does she make her money?

Not many people can say that they’re a Grammy Award, an Emmy Award, an Academy Award, a Golden Globe Award, and a Cannes Film Festival award winner, as a matter of fact, Cher is the only one.

The American singer, actress, and TV personality is a cultural icon with a very extensive career, being one of the most recognizable artists of all time.

On Sunday (July 23, 2023), she added a new stream of income to her many ways of amassing wealth as she launched her own Gelato company ‘Cherlato.’

Profile Summary

Celebrated Name:Cher
Net Worth:$360 million
Profession:Record producer, Singer, Actor, Songwriter, Entrepreneur, Fashion designer, Model, Dancer, Film director, Comedian
Full Real Name:Cherilyn Sarkisian
Date of Birth:May 20, 1946 (77 years old)
Birthplace:El Centro
Gender:Female
Height:5 ft 8 in (1.74 m)
(Photo by Slaven Vlasic/Getty Images)

What is Cher’s net worth?

Cher (real name: Cherilyn Sarkisian) has an estimated net worth of $360 million dollars according to Celebrity Net Worth. She accrued her fortune from being a record producer, singer, actor, songwriter, entrepreneur, fashion designer, model, dancer, film director, and comedian.

Cher’s career spanned various decades and as a singer she has sold over 100 million copies of her albums, making her one of the highest-selling artists ever. 

Cher’s film and TV career blew up when she co-starred in the popular “Sonny & Cher Comedy Hour”, as well as her own show called “Cher” during the 1970s.

She won an Oscar for her work in Moonstruck, taking the award for Best Actress.

Cher has managed to have a #1 song on the Billboard charts for every one of the last six decades.

Cher has an impressive real estate portfolio

Cher was once married to Sonny Bono and had a lavish home in Beverly Hills that was sold in September 2016 for a whopping $90 million dollars.

She also has a Malibu mansion for which she purchased the land in 1989 for $2.95 million dollars, spending 10 years building it, and has just recently been offered on the market for a sale price of $85 million dollars.

Cher just launched her own Gelato company ‘Cherlato’

If she could churn back time, Cher likely would have launched her new endeavor sooner.

On Sunday (July 23, 2023), Cher announced in an Instagram post that she will be launching her own line of gelato. “This is real,” she assured her fans.

The “Believe” singer, 77, posted a short video to Instagram showing off a bright orange and pink ice cream truck featuring black and white photos of herself enjoying a cone. The brand’s name “Cherlato” is featured on the side in big bright blue letters. 

“Yep, this is real… I’m launching my gelato,” Cher wrote. “Watch out LA,” she teased before signing off that there’s “more to come.”  

In the singer’s original post, she shared that this has been a long time in the making. “All started 5 years ago and now it’s finally HAPPENING,” Cher shared.

On the official Cherlato Instagram, the first post revealed that Cher collaborated with New Zealand-based ice cream company Giapo, known for making ice creams in a gluten-free facility, to bring her gelato to life.

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A post shared by Cherlato (@cherlato_gelato)

“A few years ago, Cher met Giapo and together, the pair brainstormed, taste-tested, experimented and eventually conceived Cherlato,” reads the caption showing off a cup full of gelato sprinkled with toppings. 

The ice cream will be making its initial appearance in Los Angeles, with a focus on local ingredients. “We’ve partnered with local farmers and artisans who share our passion for quality and sustainability,” another post on the Cherlato Instagram reads.