Enrique Iglesias Has A $100 Million Net Worth: What Does He Spend His Money On?

August 29, 2024

Highlights

Enrique Iglesias is a Grammy-winning artist with a net worth of $100 million, thanks to his successful music career and profitable tours with Ricky Martin and Pitbull.
Iglesias has made extravagant purchases, including a stunning Miami home worth $7.85 million, a $2.5 million diamond ring for Anna Kournikova, and a $1.5 million Miami home renovation.
Iglesias spends a significant amount on privacy and safety, including a $600,000 investment in home security measures and payments for a private jet and helicopter for easy travel to concert venues.

In the music industry, there are a select few who can truly say that they’ve done it all. This group may be quite familiar to you. You’ve got someone like music artist, John Legend who’s already scored 31 Grammy nominations and 11 wins. Then, you’ve also got the amazing Beyoncé, who has had 70 Grammy nominations and 24 wins so far and has helped put other stars on the map. Meanwhile, in the world of Latin pop, you’ve got Enrique Iglesias, who is also a Grammy star with four nominations and one win to date.

Iglesias is the son of legendary singer, Julio Iglesias, so we know that music runs in his blood. Over the years, he’s become known for songs such as Bailando, Hero, Experiencia Religiosa, and many more. His musical talents helped him build an estimated fortune of $100 million.

How Pitbull Amassed His Massive $100 Million Net Worth

Pitbull's unique mix of hip-hop and Latin sounds have earned him an incredible amount of money, making for a large net worth.

With all the money that Enrique Iglesias has, he also knows how to spend it and the things that Iglesias' money has purchased are extravagant.

Updated November 2023: Enrique Iglesias may have been a son of music royalty but he did not use his name to get a foot in the door. He let his talent speak for himself. Talent which has done just that and landed Iglesias with a net worth of $100 million, a figure that will only continue to grow. This is because Iglesias is currently on tour with Ricky Martin and Pitbull. The venues are sold out and that means great profits are split three ways. Great news for Iglesias so that he can continue to shop any way he wants to and not have any regrets from it.

16 Enrique Iglesias Once Owned A Stunning Sunset Island Home

Purchase Price For The Home: $7.85 Million

House went on the market in 2015 for $25 million. It would eventually sell for $13 million.

Built way back in 1973, the singer decided to do renovations on the property back in 2003. Even then, he could probably see the home’s investment potential. After all, it boasts 6,6670 square feet of space, five bedrooms, and seven bathrooms. Moreover, according to Architectural Digest, the home comes with a 1,400-square-foot swimming pool, a private dock, and a rooftop terrace with a Jacuzzi.

Iglesias eventually sold the home. Several years later, the estate went on the market for a cool $25 million.

15 Enrique Iglesias Splurged Millions To Get Anna Kournikova A Stunning Diamond Ring

Cost Of Diamond Ring: $2.5 Million

The diamond ring was just a ring as both Iglesias and Kournikova do not want to get married.

When Iglesias gave a beautiful ring to Anna Kournikova, he wanted it to make a statement.

According to the company, Johnston Jewelers: "This $2.5 million pear-cut pink diamond, created by Argyle Jewels, weighs in at a whopping 11 carats. It's also flanked by two "smaller" white diamonds on both sides.

14 Enrique Iglesias Splurged Over $1 Million On A Miami Home That He Renovated With Anna Kournikova

Purchase Price For Home: $1.5 Million

Iglesias would sell the home at a gain for $4.85 million.

The home that Iglesias purchased is set on approximately 6,800 square feet of land.

According to a report from Mansion Global: "They built the six-bedroom house for Ms. Kournikova’s grandparents, but once the house was completed, they decided it was too big and decided to sell."

In 2018, the home came with an asking price of $4.85 million.

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13 Enrique Iglesias Spent Six Figures In 2017 To Give His Home More Privacy

Price For Safety Upgrades: $600,000

Iglesias wanted a wall to keep paparazzi out and a fence to put around the pool to keep the babies safe.

Just like other celebrities, Iglesias and Kournikova are quite protective when it comes to their children. So, it is only understandable that Iglesias would be willing to spend a great deal of money to keep them safe.

While Kournikova was still pregnant with the couple’s twins, they had a 16-foot wall erected in front of their property. The couple’s swimming pool underwent some babyproofing too.

12 Enrique Iglesias And Anna Kournikova Have Been Splurging On Some Fancy Meals

Tasting Experiences At Philippe Chow: $145 per person

Eating at five-star and Michelin Star restaurants comes at a price.

Being one of the hottest couples in town, it’s only natural for Kournikova and Iglesias to get followed wherever they go. As a result, we know that they dine in some of the fanciest restaurants around.

For instance, they joined friends at the upscale eatery, Philippe Chow. According to People, the group enjoyed some Peking duck, lettuce wraps, chicken satay, spring rolls, dumplings, and lobster.

11 Enrique Iglesias Is Sometimes Seen With A Chopper

Average Cost Of A Helicopter: Nearly $2 Million

Helicopters can cost anywhere from $250,000 up to $8,000,000.

Back in April 2015, Iglesias posted a photo of himself as he made his way to a waiting helicopter. On the post, he also wrote, "pre #flight #inspection flight lessons #Guatemala #helicopter #helicopters #flying #iloveit."

It remains unclear if Iglesias has already purchased a chopper for himself. It might be a good idea for him to get one in order to avoid traffic.

10 Enrique Iglesias Has Instances When He Travels Via Private Jet

Cost Of Enrique Iglesias' Jet: $3.6 Million

Operating costs for a Gulfstream IV jet are between $1.6 million and $2.8 million.

Aside from choppers, Iglesias has also been seen traveling via private jet.

According to the Herald Weekly, the singer is supposed to be the proud owner of a Gulfstream IV jet that is estimated to be worth $3.6 million. This way, he can fly to concert venues around the world easily. The operating costs are between $1.6 million and $2.8 million.

So, in a way, this is a business investment for the singer.

9 Enrique Iglesias Has Quite The Collection Of Cars

Number Of Cars Owned: Four

Types of cars owned include a BMW X5, Cadillac Escalade, Mercedes V class, and an Audi A6.

Over the years, it became clear that Iglesias was the proud owner of several impressive cars. He's bought a Lamborghini, a Ferrari, a Porsche, and many other hot cars.

Back in 2016, Iglesias announced that he was auctioning some of his rides for a good cause. On Twitter, he posted, "This is my collection of cars, today will be auctioned and the proceeds will go to UNICEF all, for children in Africa."

These days, Iglesias owns four cars, none of which are worth over $100,000.

8 Enrique Iglesias Spends A Great Deal Of Time On The Golf Course

Yearly Cost Of Golf: Unspecified Thousands

The average cost of higher-end courses can be $200 or more, plus the cost of equipment.

Golf is one sport that costs a lot of money to play. However, Iglesias is a millionaire and he doesn’t really mind. He’s a huge fan of the sport and is willing to travel to play at some of the best golf courses around the world.

In fact, he once told The Telegraph, "I was reading about Donald Trump's plans for a golf course, and the photos of Scotland looked beautiful – amazing beaches. I've only been to Glasgow, so I will definitely spend some time there."

7 Enrique Iglesias Made A Software Donation To Support Education For Children

Donation Amount: $200,000

The donation was life-changing for the kids in the literacy program.

The donation to Save the Children was made in support of a literacy program for elementary school children in Peru, Guatemala, and El Salvador. Everyone was incredibly grateful to Iglesias for the donation.

"We are tremendously grateful for Enrique’s donation to our Literacy Boost program," Mary McInerney said in a statement. It will help the teachers improve their lesson plans and create learning materials, such as stories for the kids to read during reading camp with their reading buddies."

6 Enrique Iglesias Helped Fund The Berklee Scholarship

Amount Of Scholarship: $200,000

The scholarship is called The Enrique Iglesias Scholarship and it is given to students with a Latin background who have been accepted to Berklee School of Music.

Iglesias was lucky that he had his nanny to pay for his demo which would eventually make him a star. Not all aspiring musicians and singers are as fortunate. As such, Iglesias helped to fund the Berklee Scholarship.

In partnership with the Latin Grammy Foundation, Iglesias donated some of his own money to build the scholarship fund. As a result of this, a $200,000 scholarship was given out to help make dreams come true.

5 Enrique Iglesias Donated A Percentage Of His Earnings To Helping Children With Cancer

Amount Donated: 7% of Concert Revenues

Depending on seating at the arena in Lisbon, Iglesias donated between $52,500 and $84,000 to charity.

In 2018, the soccer legend, Christiano Ronaldo, took to Twitter, saying: “Very pleased to announce the gesture of my friend @enriqueiglesias donating 7% of the concert revenues in Lisbon to the IPO.”

IPO stands for the Portuguese Institute of Oncology of Lisbon (Instituto Portugues de Oncologia de Lisboa).

Meanwhile, Iglesias also tweeted, “Honored to support such an incredible cause with @cristiano!! Gracias campeón!!”

The Altice Arena in Lisbon can hold between 12,500 and 20,000 spectators. With average tickets costing approximately $60 a piece, Iglesias donated a pretty penny.

4 Enrique Iglesias Owns A Boat, Which Is Perfect For Taking Trips With The Family

Cost Of Boat: $500,000 And Up

Iglesias owns an Intrepid which can cost anywhere from $500,000 to $1+ million.

Iglesias and his family have been spotted taking boat rides in the past. Naturally, he likes going to sunny destinations and chooses to do so on his Intrepid.

Iglesias told TheTelegraph, “I need sun. There's nothing more depressing than rain on a holiday. I also need activity of some sort. I go nuts doing nothing, just lying about is so boring. I need things of interest to see, or to play some kind of sport.”

3 Enrique Iglesias Has Been Taking Incredible Holidays With Anna Kournikova And Kids

Enrique Iglesias And Family Go To Exotic Locations

Past trips include going to St. Barts, French West Indies, Mexico, and more.

Iglesias is no stranger to taking lavish vacations. He has done so all his life and is passing the tradition of going to amazing places on to his family.

"I love skiing, and have had great holidays in Breckenridge," Iglesias told TheTelegraph. "A day in the crisp snow, blue skies and the sun is pretty hard to beat. But when I think of my best holiday ever, it has to be the holidays we had in Madrid when I was young. I was born in Madrid and then moved to Miami, so going back to Madrid, staying at my mother's house and catching up with friends and family, was great fun, particularly at Christmas."

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2 Enrique Iglesias Is Invested Heavily In The Restaurant Business

Number Of Restaurants Owned: 2

Iglesias co-owns three Tatel locations with Rafael Nadal and one Zela location with Nadal and Cristiano Ronaldo.

One of Iglesias’ famous restaurants is Tatel at the Ritz-Carlton, which had to close following the damage it sustained due to Hurricane Irma. However, other locations were opened in Ibiza, Madrid, and Los Angeles.

Meanwhile, the singer also partnered with Rafael Nadal and Cristiano Ronaldo to open Zela London. According to Open Table, it is a multifunctional restaurant that serves "a fusion of Mediterranean products and traditional Japanese cuisine techniques."

1 Enrique Iglesias Became A Business Partner For Atlantico Rum

Compensation For Working With Atlantico: Unknown

Iglesias became an ambassador for the brand, introducing the US to the Dominican Republic rum.

After Iglesias was introduced to a particular rum by friends, Iglesias enjoyed it so much that he had no problem becoming a business partner with the company.

"I was introduced to ATLANTICO by friends in Miami, quickly became a fan, and followed its development over the last couple of years," Iglesias explained. "I was recently introduced to its co-founders, Brandon Lieb and Aleco Azqueta, and was immediately drawn to their entrepreneurial spirit and passion for developing a world-class product. I am now delighted to be a partner in this top-quality rum."

Source: Architectural Digest, Mansion Global, Johnston Jewelers, People, Herald Weekly, The Telegraph, Open Table

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