Celebrity, Net Worth

Cher Net Worth: What Is Cher’s Net Worth as of 2022?

By

David Mudd

Cherilyn Sarkisian was born on May 20, 1946, in El Centro, California. When she was ten months old, her parents, John Sarkisian and Georgia Holt (born Jackie Jean Crouch), divorced. Cher and her mother moved around a lot, living in California, New York, and Texas. She dropped out of school when she was sixteen and moved to Los Angeles, where she supported herself by taking acting classes and dancing in clubs.

Sonny and Cher are two of the most famous couples in the world.

In 1962, she met musician Sonny Bono and began working as his maid. She began working as a backup singer when he introduced her to record producer Phil Spector. As friends and then lovers, Sonny and Cher had a close bond and began performing together. In July 1965, as the musical duet Sonny & Cher, they released their first single, “I Got You Babe,” which became a hit and catapulted Cher to stardom.

Stardom

Sonny & Cher’s first studio album, “Look at Us” (1965), enabled them land five songs in the Billboard Top 50 at the same time, a feat only the Beatles and Elvis Presley had previously done. She had a strong solo career in addition to her success with Sonny & Cher.

In 1964, Cher signed with Liberty Records’ Imperial brand, releasing the albums “All I Really Want to Do,” “The Sonny Side of Cher,” and “Chér” (1966). Her first million-selling solo single, “Bang Bang (My Baby Shot Me Down),” was released in 1966.

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Cher’s solo career flourished while Sonny & Cher’s popularity waned. In 1969, she released the album “3614 Jackson Highway,” which was her first musical production without Sonny’s involvement.

When Sonny and Cher were offered their own television show, they accepted, and “The Sonny & Cher Comedy Hour” debuted in 1971. Cher began on a genuinely solo career following the couple’s acrimonious divorce, which was formalized in 1975. She got a $2.5 million deal with Warner Bros. Records and released “Stars” (1975), a critically and commercially failed album that has since become a cult classic.

Cher returned to television in 1975 with her own show, “Cher,” and later rejoined professionally with her ex-husband Sonny on “The Sonny and Cher Show” (1976-1977). She continued to produce music and has over twenty studio albums to her credit. From 1980 until 1982, she had a residency in Las Vegas, where she earned $300,000 per week. Starting in 2008, she was the main attraction at Caesars Palace’s Colosseum for three years, grossing an estimated $180 million.

A Career in Acting

Cher’s first acting roles were in the films “Good Times” (1967), which she co-produced with Sonny, and “Chastity” (1969), which was written and directed by Sonny and co-financed by the pair. Both attempts failed. Director Robert Altman cast her in the 1976 Broadway production “Come Back to the Five and Dime, Jimmy Dean,” and she reprised the part in the 1982 film adaption of the same name.

Cher attributes the start of her career to Altman and this opportunity. She founded Isis Films in 1985 and went on to star in films like “Mask” (1985), “The Witches of Eastwick” (1987), “Moonstruck” (1987), “Mermaids” (1990), “Tea with Mussolini” (1999), and “Burlesque” (2010).

Other Initiatives

Cher has starred in a number of fashion projects, including the Dsquared2 spring/summer advertising campaign in February 2020, and is well-known for her own particular style. She has also released two fragrances, “Cher Eau de Couture” (2019) and “Uninhibited” (2019). (1987).

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She starred in a series of infomercials during a period of ill health in the early 1990s, when she was unable to work on other projects. Her multiple infomercials for health, beauty, and diet items are thought to have netted her about $10 million.

Personal Experiences

Cher married Sonny Bono in 1969, just a few months after giving birth to their son Chaz Bono (born Chastity Bono) in March of that year. In February 1974, Sonny filed for divorce, citing “irreconcilable differences,” and Cher reacted with a divorce suit, alleging that he withheld money from her and denied her access to some of their joint earnings. In June 1975, a legal struggle over finances and care of their child was finally settled.

Cher dated record executive David Geffen during her divorce from Sonny. Cher married guitarist Gregg Allman four days after finalizing her divorce from Sonny, and filed for divorce nine days later. They reconciled, though, and had a son, Elijah Blue, in July 1976. In 1979, Cher and Allman split. Gene Simmons, Eric Stoltz, Tom Cruise, and Richie Sambora are among the celebrities Cher has dated.

Cher owns homes worth an estimated $100 million all around the world. Her Italian property on the Malibu shore alone is valued at $50-70 million. Although she is frequently referred to be a homosexual icon, it is apparent that her following base is diverse. Cher is a timeless celebrity who remains involved in humanitarian and entertainment endeavors.

Purchasing Real Estate

Cher has owned a lot of lavish and less-than-luxurious properties all around the world, but particularly in Los Angeles. For example, the Beverly Hills house she had lived with Sonny Bono was sold for $90 million in September 2016.

Cher’s principal property has been an incredibly amazing Italian Renaissance-style mansion on the cliffs of Malibu overlooking the ocean for most of the previous three decades. A three-story 14,000 square-foot main home, tennis court, pool, and guest house are among the features of the 1.7-acre bluff-top property.

Cher purchased the undeveloped property in 1992 and constructed the house, which was featured in Architecture Digest in 2002. She listed the property for $45 million in August 2008, just before the real estate crash. She never found a buyer for the house and still owns it now.

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She previously owned an $8.8 million bay-front property in Key Biscayne, Florida, which she sold in 2006. In 2019, she sold a Beverly Hills house for $2.073 million, resulting in a modest loss.

Net worth.

Cher has a net worth of $360 million and is an American singer, actress, and television personality. With a career spanning decades, she is widely considered as a cultural icon. She is one of the best-selling musical artists in the world, with over 100 million albums sold. She has won a Grammy Prize, an Emmy Award, an Academy Award, three Golden Globe Awards, and a Cannes Film Festival award, among other honors.