Jojo Siwa’s Net Worth
Jojo Siwa is an American dancer, singer, actor, model, and reality television sensation. As of this writing, Jojo Siwa has a net worth of $20 million. After becoming renowned in “Abby’s Ultimate Dance Competition,” Siwa began performing in “Dance Moms.” Despite the fact that reality television helped put her on the map, JoJo’s true success came when she established herself on YouTube. Many of her videos have gained hundreds of millions of views, and she has approximately 12 million followers as of 2020. She has been dubbed “one of the most powerful people on the planet.”
Joelle Joanie Siwa was born on May 19, 2003, in Omaha, Nebraska. After gaining prominence with YouTube music videos including “Boomerang” and “I Can Make U Dance,” JoJo began singing at sold-out venues during a tour in 2018. This tour began with 52 dates in the United States and Canada before expanding to the United Kingdom and Australia.
Bow Tie Sales By JoJo Siwa
Due to her estimated 40 million bow ribbon sales, many of JoJo’s fans believe her net worth is substantially larger than our current estimate. Her merchandise sales are undoubtedly profitable, but this has yet to be formally validated or reported. Even if the 40 million figure is correct, JoJo will not be making “hundreds of millions” from the sales.
In the case of a celebrity product line, the star is usually only compensated once production and marketing costs are recouped. When you sell 40 million ribbons, you’ve obviously attained and surpassed this kind of milestone. This means she gets a cut of the profits.
On a $9 bow, we estimate a net profit of $2.5 per sale using the industry average cost per good sold. Based on previous celebrity endorsement arrangements, JoJo would be lucky to collect 20% of income after costs. That’s $0.54 pre-tax for each sale. According to JoJo, she had to sell ten million bow ribbons to cover early costs. That’s $16 million pre-tax. After-tax, $8 million.
In terms of her personal life, she was well-known for her connection with TikTok celebrity Mark Bontempo. The relationship didn’t continue long, though, as the two parted ways. She also had a relationship with Kylie Prew, making her a part of the LGBTO community. She had come to show her support for the community. According to reports, they have, however, broken up.
Jojo Siwa’s Career
Jojo began her career by competing in AUDC and then joining her mother on Dance Moms. Due to her love for singing and dancing, she released I Can Make You Dance and Boomerang in 2016. Her songs have 900 billion global views. A collaboration with Clair for brow cosmetics and an accessory and decor line with JC Penney.
The Masked Singer and Honey Boo were among her 2017 appearances in movies and TV series.
In 2008, she embarked on her first musical tour of the USA and Canada, dubbed ‘D.R.E.A.M.’.
Favorite musical YouTube creation, Favorite social music star, Favorite TV Host, Nickelodeon Kids’ choice awards.
Time magazine listed her among the 100 most influential people in 2020.
How Much Does Jojo Earn?
According to sources, her annual income is estimated to be $2 million. Her main sources of income are her YouTube channel, songs, acting, and dancing activities. Jojo also generates money with her hair brows business, which includes goods, decor, and other accessories, as well as brand promotions and book co-authoring.