What Is Cher's Net Worth?
Cher is an iconic American singer, actress, and television personality boasting a net worth of $360 million. With a career that has spanned several decades, Cher has sold over 100 million records, earning her place as one of the world’s best-selling musical artists. Her achievements include a Grammy Award, an Emmy Award, an Academy Award, three Golden Globe Awards, and a Cannes Film Festival award. She also has a star on the Hollywood Walk of Fame for her work as part of the Sonny & Cher duo.
Early Life
Cher was born Cherilyn Sarkisian on May 20, 1946, in El Centro, California. After her parents divorced when she was just ten months old, she moved around with her mother, Georgia Holt. At sixteen, Cher dropped out of school and moved to Los Angeles to take acting classes and dance in clubs to support herself.
Sonny & Cher
In 1962, Cher met performer Sonny Bono and began working as his housekeeper. He introduced her to record producer Phil Spector, and she began working as a backup singer. Their friendship blossomed into a romantic relationship, leading to the formation of the musical duo Sonny & Cher. Their first single, "I Got You Babe," released in 1965, catapulted them to stardom.
Stardom
Sonny & Cher’s debut album, "Look at Us," secured five songs on the Billboard Top 50 simultaneously, a record only previously achieved by the Beatles and Elvis Presley. Despite the duo’s waning popularity in the late '60s, Cher thrived as a solo artist, releasing hits like "All I Really Want to Do" and "Bang Bang (My Baby Shot Me Down)." After their TV show "The Sonny & Cher Comedy Hour" premiered in 1971, Cher continued her solo career post-divorce, signing with Warner Bros. Records and headlining in Las Vegas.
Acting Career
Cher's acting career began with films like "Good Times" (1967) and "Chastity" (1969). Her role in the Broadway production "Come Back to the Five and Dime, Jimmy Dean" and its 1982 film adaptation helped launch her film career. She later starred in notable films including "Silkwood," "Mask," "The Witches of Eastwick," and "Moonstruck," for which she won an Oscar for Best Actress. Additionally, she featured in "Mermaids," "Tea with Mussolini," and "Burlesque," among others.
Other Projects
Cher's influence extends to fashion, with campaigns like Dsquared2 in 2020, and her fragrances, Cher Eau de Couture and Uninhibited. In the '90s, she capitalized on infomercials, earning nearly $10 million from health and beauty products.
Personal Life
Cher married Sonny Bono in 1969 and had a child, Chaz Bono. They divorced in 1975 after a contentious battle over finances and custody. Cher later married musician Gregg Allman, with whom she had a son, Elijah Blue. She has also dated notable figures like Gene Simmons, Eric Stoltz, Tom Cruise, and Richie Sambora. With properties around the world, Cher’s real estate portfolio is valued at around $100 million.
Real Estate
Cher has owned numerous luxurious properties, particularly in Los Angeles. Her most notable residence is her Malibu mansion, a 13,000 square-foot property featuring a main house, tennis court, pool, and guest house. Initially bought for $2.95 million in 1989, Cher listed it for sale at $85 million in 2022.
In addition to her Malibu estate, Cher has bought and sold several other properties, including a Key Biscayne home and a Beverly Hills residence, demonstrating her knack for high-profile real estate investments.
Philanthropy
Cher has been actively involved in numerous philanthropic efforts, including Habitat for Humanity and her own Cher Charitable Foundation. She has supported causes for children, soldiers, veterans, and environmental initiatives.