Katy Perry net worth: How did it go above $500 million in 2024?

The star’s fortune has reached new heights with her recent music catalog sale and business ventures.

Katy Perry, the renowned pop star born Katheryn Elizabeth Hudson, has surpassed a net worth of $500 million in 2024, according to Business 2 Community.

Known for her successful singing career, songwriting, and various business ventures, Perry's fortune has recently been bolstered by selling her song catalog to Litmus Music.

This transaction has significantly increased her wealth, making her one of the richest self-made women globally.

Despite many sources estimating her net worth at under $400 million, evidence shows a higher valuation.

Perry's income from her "American Idol" role amounts to $165 million since 2019, while her Las Vegas residency, which ended in late 2023, earned her $168 million. Additionally, she received $225 million from selling her music rights to Litmus Music.

Perry’s early life was marked by financial struggles, with her family moving frequently and relying on church food banks.

Her interest in music began with gospel but transitioned to pop after discovering mainstream music. At 13, she received a guitar, which helped her start songwriting. She completed her GED at 15 and pursued a music career.

In her personal life, Perry was briefly married to Russell Brand from 2010 to 2011, and is now engaged to Orlando Bloom, with whom she has a daughter.

Perry's net worth is also enhanced by her investments in fragrances, mobile apps, and non-alcoholic beverages, along with endorsements and real estate ventures.