Cher Net Worth (Money & Salary)

About Cher’s Wealth

Cher, an American singer, actress, and TV personality, boasts a net worth of $360 million. She is a revered cultural figure with a career that spans several decades. To date, she has sold over 100 million records, cementing her status as one of the top-selling music artists worldwide. Among her many accolades are a Grammy Award, an Emmy Award, an Academy Award, three Golden Globe Awards, and an award from the Cannes Film Festival. Cher and her former husband Sonny are immortalized on the Hollywood Walk of Fame.

Emerging in the mid-60s as one half of the iconic Sonny & Cher duo, she swiftly transitioned to TV fame with shows like the “Sonny & Cher Comedy Hour” and her eponymous show “Cher” in the ’70s. Later, she conquered Las Vegas stages before starring in high-profile movies like “Silkwood,” “Mask,” “The Witches of Eastwick,” and “Moonstruck,” which earned her the Best Actress Oscar. Cher’s musical career also resurged with hits like “Heart of Stone.” With an unparalleled winning streak across various awards ceremonies, she stands alone as the sole artist to claim an Oscar, a Grammy, an Emmy, multiple Golden Globes, and a Best Actress award at Cannes, also boasting the distinction of having a #1 Billboard hit in every decade spanning the past sixty years.

Early Beginnings

Cherilyn Sarkisian, eventually known as Cher, was born on May 20, 1946, in El Centro, California. Raised by her mother, Georgia Holt, following her parents’ divorce, Cher lived across California, New York, and Texas. Dropping out of school at sixteen, she relocated to LA for acting classes and supported herself through club dancing.

Sonny & Cher Era

Cher crossed paths with entertainer Sonny Bono in 1962, initially working as his housekeeper. The duo’s collaboration kicked off with the Phil Spector-produced single “I Got You Babe” in July 1965, propelling Cher into the limelight.

Rise to Fame

The debut album of Sonny & Cher, “Look at Us” (1965), notably secured five spots on the “Billboard” Top 50 simultaneously, a feat only previously achieved by the Beatles and Elvis Presley. Alongside her success with Sonny & Cher, Cher’s solo endeavors thrived. Her solo records such as “All I Really Want to Do” (1965) and “Chér” (1966) under Liberty Records launched her individual musical prominence. The solo hit “Bang Bang (My Baby Shot Me Down)” in 1966 marked her first million-selling single.

Amid Sonny & Cher’s waning popularity, Cher’s solo career soared. Her album “3614 Jackson Highway” in 1969 marked her initial project sans Sonny’s involvement. The TV program “The Sonny & Cher Comedy Hour,” which commenced in 1971, became their joint endeavor. Following their divorce in 1975, Cher embarked on a flourishing solo path, signing a $2.5 million deal with Warner Bros. Records. Despite the commercial snub of her album “Stars” (1975), it has attained cult status over time.

Cher ventured back into TV with her show “Cher” in 1975, eventually reuniting with Sonny professionally on “The Sonny and Cher Show” (1976-1977). Over the years, she released over twenty studio albums and headlined in Las Vegas, making substantial earnings. Her Colosseum at Caesars Palace residency from 2008 grossed a reported $180 million.

Acting Stint

Cher made her foray into acting with projects like “Good Times” (1967) and the film “Chastity” (1969), the latter written and directed by Sonny. Her breakthrough in acting came with Robert Altman’s Broadway play “Come Back to the Five and Dime, Jimmy Dean” in 1976, reprised in the 1982 film adaptation. Cher’s film production company, Isis, was established in 1985, leading her to feature in acclaimed films like “Mask” (1985), “The Witches of Eastwick” (1987), “Moonstruck” (1987), and more.

Ventures Beyond

In addition to her entertainment career, Cher’s inimitable style has landed her fashion campaign appearances, including the Dsquared2 spring/summer 2020 advertorial. She’s ventured into the fragrance market with scents like Cher Eau de Couture (2019) and Uninhibited (1987). During a health setback in the early ’90s, Cher’s infomercials promoting health and beauty products reportedly amassed close to $10 million.

A notable philanthropist, Cher has backed causes aiding children, military personnel, welfare soldiers, and environmental initiatives. The Cher Charitable Foundation, affiliated with humanitarian efforts like Habitat for Humanity, supports global ventures supporting organizations like the Intrepid Fallen Heroes Fund, Operation Helmet, and the Children’s Craniofacial Association.

Personal Journey

In 1969, Cher formalized her marriage to Sonny Bono after welcoming their child Chaz Bono in March that year. The couple’s relationship underwent tumult, culminating in their 1974 separation and eventual divorce in 1975.

In a contentious divorce lawsuit, she accused him of concealing money from her and withholding some of their joint earnings, leading to a court battle over finances and the custody of their child, which concluded in June 1975. Despite finalizing her divorce from Sonny just four days prior, Cher quickly tied the knot with musician Gregg Allman, filing for divorce a mere nine days later. However, they reconciled and welcomed a son named Elijah Blue together in July 1976. Cher’s romantic history also includes relationships with notable figures such as Gene Simmons, Eric Stoltz, Tom Cruise, and Richie Sambora. Cher’s real estate investments span the globe, with properties across various locations valued at an estimated $100 million. Notable among these is her Italian villa in Malibu, valued between $50-70 million, cementing her iconic status beyond any singular demographic. Cher remains a timeless celebrity, actively engaging in philanthropy and entertainment.