Luis Miguel Net Worth 2024

Luis Miguel Net Worth

What Is Luis Miguel’s Net Worth?

Luis Miguel Net Worth: Miguel Gallego Basteri aka ‘Luis Miguel’ is a gifted Musician. Luis is a music maker and a lyricist. His parents named him after a popular Spanish bullfighter known as ‘Luis Miguel Dominguin.’

Today, Luis Miguel’s net worth is estimated to be close to $180 million dollars.

Luis Miguel Net Worth
Luis Miguel Net Worth /
Ethan Miller / Getty Images

Luis Miguel Net Worth:

$180 Million

Net Worth: $180 Million
Real Name: Luis Miguel Gallego Basteri
Date of birth: April 19, 1970
Age / How Old: 49 Years Old
Birth Place: Santurce, San Juan, Puerto Rico
Nationality: Mexico
Height / How Tall: 5′ 10″ (1.78 m)
Occupation: Singer, Record producer,
Last Updated: 2020

By profession, Luis Miguel is a singer and is approximately worth about $180 million in 2024. The Puerto Rico origin owes his riches to his singing.

Who Is Luis Miguel?

Luis Miguel is a famous global artist and renowned musician, who has delivered a few album collections and does live shows globally.

img source:

Luis Miguel dominates Latin America with his pieces and has been dominating since the 1990s. He is the ‘Sun of Mexico’. In the United States, he was the first Latino to have two platinum albums.

Luis Miguel produced “Segundo Romance” and “Romance”. These records became very popular. They are in the Spanish language.

His “Segundo Romance” album won a Grammy award for the debut with Sheena Easton and is a platinum record in South and Central America. This was his first Grammy at the age of 14.

Luis Miguel is also the holder of the 2000 Best Pop Album and Male Pop Vocal Performance won at the Latin Grammy awards.

Luis Miguel Wins Album Of The Year Latin GRAMMY

In 2003 Luis Miguel was titled the Favorite Latin Artist in the American Music Awards. Additionally, he did a remarkable tour, Amarte Es un Placer, in 1999. His 2004 album, “Mexico en la Piel”, sold more than three million records.

Another notable achievement in his career is the “Complices” in 2008. It was a partnership with Manuel Alejandro. He also produced an album in 2010 to mark his 40th birthday.

Luis Miguel’s live performances attract huge numbers and this translates to goof revenue opportunities. He is also a celebrated performer at The Colosseum at Caesars Palace in Las Vegas.

Luis Miguel’s concert at the National Auditorium in Mexico City has been sold out more than 200 times.

img source:

Luis Miguel has also held other record-breaking tours like the one where he visited 22 countries. He visited Europe, North America, and South America, and did about 223 shows.

The tour lasted three and a half years and was the longest by a Latin American artist. Additionally, it earned him significant cash.

All in all, Luis Miguel’s net worth can be summed up into his smart stock investments, real estate deals with Cover Girl cosmetics and restaurants. He also has a brand of vodka, a fashion line, perfume, and a football team.

Early Life & Career

img source:

Luis Miguel has many talents. He is a singer, songwriter, and producer. Miguel was born to parents Luis Gallego Sanchez “Luisito Rey”, and Italian actress mother Marcela Basteri, in San Juan, Puerto Rico.

Miguel’s father was a manager, and Spanish singer, songwriter born in Cádiz.

He began singing professionally in 1981 when he was 11 years old. He started singing as a child at the age of 7. Luis’s triumphs came at an early age. He is a worldwide acclaimed male pop vocalist. He also has many awards to his name.

Luis Miguel has both gold and platinum records. His concerts are popular worldwide and his live performances always attract massive crowds. Luis Miguel draws inspiration from his father.

Luis Miguel is the son of Luisito Rey who inspired him to examine Elvis Presley’s life. He motivated him to watch Elvis’ concerts and movies.

img source:

EMI Records, which is a Mexican Label, launched his first album. He also inherits his singing talent from his father who was a singer. His dad won an award at the Sanremo Music Festival, at the age of 15.

The winning tune was “Noi Ragazzi Di Oggi”. His father, however, took a break from music in 1986 and resumed in 1987 with an album named “Busca Una Mujer”. He was also a guitarist and songwriter. He is methodical and firm.

Luis Miguel’s mother was an Italian actress. She was a celebrity and his father used to manage her. Luis’s mother was absent from his life for some time and he found out later that she was admitted in a mental haven.

Luis is rich and also has an affluent lifestyle. His music is the reason for his hefty fortune. He tops the list of the best-paid singers worldwide and has made millions from his albums.

Luis Miguel House In Los Angeles

Besides music, Luis Miguel has invested in stocks and other property. He has a huge house in Los Angeles. It is a five-bedroomed house with a lot of facilities. Among them includes a personalized pub, family room, magnificent kitchen, and garden.

Luis is also a writer of inspirational quotations. He keeps his private life private and does not discuss it in the media. He does not discuss his family.

Luis Miguel’s work is extremely valuable. However, he does not like rock music and thinks that producing music out of his genre is counterproductive.

img source:

Moreover, the tours he conducted between 1999 and 2005 hold the record as the highest-grossing for a Latin artist.

Luis Miguel’s solitary wellspring of salary comes from is his singing profession. As of 2018, Miguel had covered in a total of 22 album releases.

Luis has earned a lot of his wealth through the offers of different album sales and has sold in excess of 100 million album copies worldwide. That is the means by which Luis possesses to accumulate his worth.

To conclude, Luis Miguel’s net worth is estimated at $180 million dollars.

Read Other Interesting Net Worth Stories

Quotes from Luis Miguel

“I think we all wish we could erase some dark times in our lives. But all of life’s experiences, bad and good make you who you are. Erasing any of life’s experiences would be a great mistake.”

— Luis Miguel

“The most enjoyable part of my career is singing live.”

— Luis Miguel

“I am very adamant about keeping my private life private. I don’t prefer to talk about my family.”

— Luis Miguel

“I maintain my sanity by keeping my distance.”

— Luis Miguel