Excessive Spending Hasn't Damaged Olivia Rodrigo's Net Worth

September 2024 · 6 minute read

Highlights

Olivia Rodrigo is a fast-rising star in the world of music. Hailed as the next Taylor Swift, Rodrigo can compete with the pop superstar in many ways, including her massive net worth.

According to Celebrity Net Worth, as of September 2023, Olivia Rodrigo is worth an estimated $16 million. This feat is impressive because Olivia has released only 2 studio albums (compared to Swift's 10), is a relative newcomer in the entertainment world and is young.

With that large amount of money at her disposal, it's no wonder that Olivia reportedly enjoys living in the lap of luxury. However, the star's persona is surprisingly humble despite her massive fame and fortune. But exactly how does the "Bad Idea, Right?" singer balance her successful career and her personal life, and how has she spent the bulk of her multi-million dollar fortune?

What Has Singer Olivia Rodrigo Spent The Bulk Of Her Massive Fortune On?

Olivia Rodrigo first burst onto the entertainment scene in a way you might be surprised. The super-talented singer got her first big break as an actress in 2019, starring in one of the lead roles on the Disney+ series High School Musical: The Musical: The Series. However, it wasn't until she was signed with Geffen Records in 2020 and later released her debut single, "Driver's License," off of her first album, "Sour," that she gained even more popularity.

The sales from her debut album have made up the bulk of Olivia's increasingly massive wealth. And according to a report by Hits Daily Double, as of June 2023, "Sour" sold nearly $20 million units globally, not surprisingly, as two singles off her album were both number 1 hits on Billboard.

In addition to her massively successful singles and album, Olivia went on a global "Sour" tour, selling out in virtually every city she attended.

In an article by Parade the publication states that while it is not known the exact sum Rodrigo made from her "Sour" album and tour, it is estimated that it's likely around $7.5 million.

During her three seasons on High School Musical: The Musical: The Series, the "Jealousy, Jealousy" singer made an estimated $10,000 to $20,000 per episode, according to the International Business Times.

If that weren't enough, the songstress released in September 2023 her highly successful sophomore album "Guts."

"Guts" became the number one best-selling album in the United States, and according to Music Week, it was the most streamed album of 2023 as of September of the same year.

Given that Olivia's current net worth is an estimated $16 million, it's within reason that she profited significantly off of "Guts" as well.

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Olivia Rodrigo has chosen to spend her fortune on the finest things money can buy without drastically decreasing her massive net worth.

For example, in 2021, shortly after the release of her debut album "Sour," Olivia moved into a spacious and lavish apartment in New York City. Fans saw Olivia's chic and luxuriously designed apartment during a video interview with Vogue magazine for their 73-questions segment. In the interview, Rodrigo mentions that one of her most prized possessions was a Chanel purse that she bought for herself.

In addition to luxury clothes and accessories, Olivia Rodrigo shared in another video with Vogue her expensive and extensive skincare and makeup products.

The star also purchased her first-ever vehicle shortly after her debut album came out, and while the make and model of the car are unknown, it's rumored to be a luxury vehicle.

In addition to that, the"Déjà vu" singer has been open about her love of travel. She has shared numerous pictures to her Instagram account of her going to high-profile destinations such as London, Miami, and Las Vegas.

Has Olivia Rodrigo Used Her Fame And Fortune For Charitable Causes?

Like many other celebrities, Olivia Rodrigo has donated and supported various charitable causes, such as the Epidermolysis Bullosa charity organization, which is dedicated to treating and curing the rare, life-threatening skin disease.

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In the video promotion for the EM foundation, Olivia Rodrigo begins by discussing her love for butterflies, a fact fans have come to associate with the singer. As Epidermolysis Bullosa is also called the Butterfly disease, which predominately affects children, Rodrigo stated that it was a cause close to her heart. As of 2022, Olivia has helped the EB Foundation raise over $3 million.

While that is not the only charitable organization Rodrigo has lent her support to, the star generously opened up her own charity in 2023.

According to Channel News Asia, Olivia Rodrigo's non-profit charity Fund 4 Good deals with women's issues, such as reproductive health care.

In October 2023, the songstress began a series of performances to help raise funds and awareness for the various women's charities associated with Fund 4 Good.

Has Olivia Rodrigo's Life Changed Since She Became Famous?

Olivia Rodrigo was born to humble beginnings, raised in Temecula in Riverside County, California, to a middle-class family.

Growing up, Olivia struggled with a slight deformity in her left ear, which resulted in her being half-deaf. Despite her minor disability, that didn't stop Rodrigo from pursuing a career in acting and music, taking several professional lessons at a young age.

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It wasn't until she landed a co-starring role in the Disney Channel comedy series entitled Bizaardvark that Olivia moved to Los Angeles with her family to pursue her career further. After the star became famous, she struggled with mental health issues, which she has been vocal about receiving therapy for.

In an interview with Vogue Singapore, Olivia once said about being in the public eye:

"It's funny how recognition changes everything and also changes nothing in your life."

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