Net Worth: $125 million
Date of Birth: June 18, 1976
How He Makes His Money: Singer, Songwriter, Voice Coach, TV Personality, Actor
Blake Tollison Shelton is an American country music singer, songwriter, television personality, and voice coach from Ada, Oklahoma. Blake Shelton has an estimated net worth of $125 million.
Blake Shelton is one of the biggest acts in the country music scene, having released 12 albums since his debut in 2001. Below is a breakdown of his life and career, including how he makes his money, how he spends it, and the factors that led him to become a musician.
How Blake Shelton Makes Money – His Career
Blake Shelton knew early on in his life he wanted to become a musician. After graduating high school, he moved to Nashville, Tennessee, to pursue his passion for country music. His big break came in 2001 when he got a solo recording contract with Giant Records.
The Giant Records contract paved the way for one of the most successful careers in the country music community. Blake Shelton has sold millions of albums and singles and created other income avenues like touring, merchandise sales, and appearances on television shows and movies.
Blake Shelton released his first single, “Austin,” in April 2001, which went on to top the Billboard Hot Country Chart and spent twenty weeks on the Billboard Hot 100 Chart. The song was the lead single for his self-titled debut album “Blake Shelton.” The album was a huge hit, critically and commercially. It spent twenty-nine weeks on the Billboard 200 chart and received a platinum certification from the Recording Industry Association of America (RIAA).
Blake released his second album, “The Dreamer,” in 2003. The album has sold over 500,000 units and peaked at number eight on the Billboard 200 chart. His third album, “Blake Shelton’s Barn and Grill,” released in 2004, was more successful than the second. It spent 52 weeks on the Billboard 200 chart and received a platinum certification.
Blake’s fourth album, “Pure BS,” came in 2007, three years after his third, and he followed it up with his fifth album, “Startin’ Fires,” released in 2008. “Pure BS” spent 40 weeks on the Billboard 200 chart and received a gold certification from the RIAA.
Blake Shelton’s sixth album, “Red River Blue,” is one of his best-performing albums. The album, released in July 2011, debuted at the top of the Billboard 200 chart. The album received a platinum certification in January 2013 and became double platinum in October 2016 for selling over two million copies.
Blake’s seventh album, “Cheers, It’s Christmas,” sold over 500,000 units and paved the way for his most successful album yet. In March 2013, Shelton released his eighth album, “Based on a True Story…” to significant commercial success. The album received a platinum certification six months after its release. The RIAA further certified the album double platinum in 2016 and, later in 2021, gave it a triple platinum certification for selling over 3 million copies.
Shelton released his subsequent albums to impressive but tapered commercial success. The 2014 and 2016 albums “Bringing Back the Sunshine” and “If I’m Honest” received platinum certification from the RIAA. Moreover, his eleventh album, “Texoma Shore,” received a gold certification, while his latest album, “Body Language,” is yet to receive an RIAA certification. However, it spent six weeks on the Billboard 200 chart.
Blake Shelton is one of the most streamed artists on Spotify. He has multiple songs with over 100 million streams, including God’s Country, which has over 284 million streams; Honey Bee, with over 149 million streams; and Sangria, with over 157 million streams.
Blake Shelton has 7,805,658 monthly listeners. On average, artists make $3 for every thousand monthly listeners meaning Blake Shelton earns $23,417 per month from Spotify.
Since the beginning of his career, Blake Shelton has consistently gone on tour to perform for his millions of fans worldwide. To date, Blake has headlined ten tours, including the “Barn and Grill Tour” in 2005, the “Hillbilly Bone Tour” in 2010, the “Ten Times Crazier Tour” from 2013 to 2015, and the “Friends and Heroes Tour” from 2019 to 2020.
His tour “Back To The Honky Tonk Tour,” happened in 2023. Blake sells his tour tickets on his website. The links on the site redirect fans to the Ticketmaster website, where tickets for his shows cost, on average, $44.
Blake Shelton also earns income from the sale of merchandise when he goes on tour and via his website. Prices of some of the items sold on the website include:
- Woven blankets – $99
- Hats – $35
- Candles – $50
- Tumblers – $25
- Hoodies – $60
Blake Shelton has been a coach on NBC’s The Voice since its debut in 2011. He has achieved great success in the role by being the winningest coach in the show's history, with nine wins out of twenty-two seasons.
Brand Deals and Partnerships
Blake Shelton has also leveraged his commercial success and fame to establish partnerships with numerous brands. For example, Nissan was the presenting sponsor at Shelton’s Doing It To Country Songs Tour in 2017.
How Does Blake Shelton Spend His Money?
People who earn significant amounts also tend to spend substantial sums. Blake Shelton is the same. Shelton owns a 1,300-acre ranch in Tishomingo, Oklahoma, and another home in California. Moreover, Shelton has an investment partnership with Ryman Hospitality Properties, Inc.
Shelton and Ryman established an Ole Red bar and restaurant in Tishomingo, Oklahoma, in 2017. The partners also have plans to build an Ole Red bar, restaurant, and live event venue on the Las Vegas Strip, Nevada, set to cost about $30 million.
Blake Shelton also enjoys giving back to the community. He gave $600,000 to the Jimmy Everest Children’s Hospital in Oklahoma City, Oklahoma, in 2016. Blake Shelton has also donated thousands of dollars from his concert appearances to causes like the American Red Cross of Oklahoma. In addition, he donated thousands of dollars from merchandise sales to the Regional Food Bank of Oklahoma during the COVID-19 pandemic.
How Blake Shelton Got On This Path
Blake Shelton was born on June 18, 1976, to Dorothy Ann and Richard Lee Shelton. He showed an affinity for music and performing at an early age. Blake learnt guitar from his uncle and was proficient by 12. He wrote his first song at 15 years, indicating what was to follow.
Shelton left his hometown of Ada, Oklahoma, and relocated to Nashville, Tennessee, after completing his high school education to pursue a music career. He began by joining a music publishing company where he wrote music for other artists before receiving his first recording contract from Giant Records in 2001.
The subsequent release of his debut album “Blake Shelton” and others, slowly cemented Shelton’s place in the music industry.
Blake Shelton’s Net Worth, Final Thoughts
Blake Shelton is, without a doubt, one of the powerhouses in country music. He has released twelve albums that have sold millions of copies worldwide, one on ten headline tours and others as a supporting act, and coached on a popular music contestant show for over a decade.
Moreover, he has invested his earnings wisely in real estate and partnerships with companies that have helped him reap profitable returns on his investments. Therefore, it should be no surprise that he has an estimated net worth of $125 million.