Monica Net Worth

Monica Net Worth: $8 Million

What is Monica’s Net Worth?

Monica is an American singer, songwriter, and actress who has a net worth of $8 million. With sales of more than 25 million albums worldwide, Monica is one of the most successful urban R&B vocalists in music history. In 1998, she released a duet with Brandy Norwood titled “The Boy Is Mine” that reached #1 in several countries, went 2x Platinum, won a Grammy, and shot both singers to international superstardom.

Highlights

– Monica is an American singer, songwriter, and actress.
– She has a net worth of $8 million.
– Her most successful single is “The Boy Is Mine” with Brandy Norwood.
– Monica has released eight studio albums and had six #1 singles.
– She has appeared in several film and television projects.
– Monica was ranked #24 on Billboard’s “Top 50 R&B/Hip-Hop Artists of the Past 25 Years” list.

Early Life

Monica was born Monica Denise Arnold on October 24, 1980, in Atlanta, Georgia. Her mother, Marilyn, worked as a customer service representative for Delta Air Lines, and her father, Billy, was a freight company mechanic. Monica’s younger brother, Montez, was born in 1983, and she has a paternal half-brother, Jermond. After her parents divorced in 1987, Monica’s mother married Reverend Edward Best, who is the uncle of rapper Ludacris. Monica began singing at the Jones Hill Chapel United Methodist Church when she was 2 years old, and as a teenager, she won more than 20 singing competitions. At 10 years old, she joined a traveling gospel choir called Charles Thompson and the Majestics, becoming their youngest member. Monica studied at North Clayton High School, where rapper 2 Chainz was one of her classmates.

Career

When she was 11 years old, producer Dallas Austin discovered Monica at Atlanta’s center stage auditorium. He was so impressed by her performance of Whitney Houston’s “Greatest Love of All” that he signed her to Rowdy Records (an imprint of Arista Records), and her debut album, “Miss Thang,” was released on July 18, 1995. The 3x Platinum album peaked at #36 on the “Billboard” 200 and #7 on the Top R&B/Hip-Hop Albums chart and included the hit singles “Don’t Take It Personal (Just One of Dem Days),” “Like This and Like That,” and “Before You Walk Out of My Life.” Monica then switched to Arista Records and had another hit with “For You I Will,” which was on the “Space Jam” soundtrack, in 1996. In 1998, she collaborated with Brandy on “The Boy Is Mine,” which became the year’s biggest hit. The song was the title track of Monica’s second album, which was released on July 14, 1998; the album was certified 3x Platinum, reached #8 on the “Billboard” 200, and featured the #1 hits “Angel of Mine” and “The First Night.” During the first few years of Monica’s career, she also guest-starred on the shows “New York Undercover” (1996), “Living Single” (1996), and “Beverly Hills, 90210” (1997-1999).

In 2000, Monica starred in the MTV movie “Love Song” and appeared in the feature film “Boys and Girls.” She soon guest-starred on “Felicity” (2001) and performed “My Guy” as Mary Wells on a 2003 episode of “American Dreams.” Monica’s third album, “All Eyez on Me,” was released in November 2002 on Clive Davis’s new J Records label, and in June 2003, she followed it with “After the Storm,” which reached the coveted #1 spot on the “Billboard” 200 and included the top 10 single “So Gone.” In 2006, Monica released her fifth studio album, “The Makings of Me,” and appeared in the film “ATL.” Two years later, she starred in the Peachtree TV special “Monica: The Single,” and in 2009, she appeared in the Lifetime movie “Pastor Brown” and the reality series “Monica: Still Standing.” Her sixth studio album, “Still Standing,” reached #1 on the Top R&B/Hip-Hop albums chart and #2 on the “Billboard” 200 upon its release in March 2010.

Monica served as an advisor to coach Cee Lo Green on the NBC singing competition “The Voice,” in 2011, and she released the album “New Life” on RCA Records in April 2012. In 2013, she recorded a cover of “Have Yourself a Merry Little Christmas” for “The Best Man Holiday” soundtrack, and her album “Code Red” was released in December 2015. In 2018, Monica formed a non-profit organization, The Be Human Foundation, and introduced it with a ballad called “Be Human.” She released the single “Commitment” (from her forthcoming album “Trenches”) in January 2019, and it topped the Adult R&B Songs chart a few months later. In August 2020, Monica and Brandy appeared on “Verzuz,” an online battle series, and the following month, Monica announced that she would be hosting her own radio show, “Mo Talk” on Apple Music.

Personal Life

In 2000, Monica’s boyfriend, Jarvis Weems, called the singer while driving to the cemetery where his brother was buried and told her that he wanted to join him. Monica raced to the cemetery to try to talk Weems out of ending his life, but he wouldn’t let her in the car and eventually rolled up the window and shot himself in the head. Monica told “People” magazine that after Weems’s suicide, her cousin’s death (from a brain aneurysm), and ex-boyfriend C-Murder’s incarceration for murder, “I didn’t eat, didn’t sleep or drink. I wondered how I would ever heal.”

Monica began a relationship with rapper Rodney “Rocko” Hill in the fall of 2000, and they welcomed son Rocko on May 21, 2005. They became engaged in late 2007 and gave Rocko a little brother, Romelo, on January 8, 2008. Monica and Rodney split up in early 2010, and she went on to marry NBA player Shannon Brown on November 22, 2010. Monica and Shannon had a daughter, Laiyah (born September 3, 2013), before divorcing in 2019.

Net Worth Over Time

Monica’s net worth has grown over time due to her successful music career and various other ventures. As of now, she has an estimated net worth of $8 million. Her debut album “Miss Thang” and the collaboration with Brandy on “The Boy Is Mine” played a significant role in establishing her as a successful artist. She has continued to release albums over the years and has earned income from music sales, concerts, and endorsements.

Components of Net Worth

1. Music Sales: Monica’s album sales have contributed to her net worth. With more than 25 million albums sold worldwide, her music has been a significant source of income.
2. Concerts and Tours: As an accomplished vocalist, Monica has performed in numerous concerts and tours, earning income from ticket sales and merchandise.
3. Endorsements: Monica has collaborated with various brands and appeared in endorsements, which have added to her net worth.
4. Acting Career: In addition to her music career, Monica has appeared in films and television projects. Her acting roles have provided additional income.
5. Business Ventures: Monica has also ventured into business, including the establishment of her non-profit organization, The Be Human Foundation.

In conclusion, Monica’s net worth is $8 million. Her successful music career, acting roles, endorsements, and business ventures have contributed to her overall wealth. With numerous hit singles, albums, and accolades, Monica’s talent and hard work have made her one of the most successful urban R&B vocalists in music history. As she continues to thrive in her career, her net worth may further grow in the future.

Sources:
– Celebrity Net Worth: https://www.celebritynetworth.com/compare-share/#1891
– Biography: https://www.biography.com/musician/monica

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Monica Net Worth