Pop icon Mariah Carey is reaping the rewards of her holiday classic All I Want for Christmas Is You, earning millions in royalties each year from the 1994 song.
Known as the ultimate Christmas anthem, the song has remained a fixture on holiday playlists, continuing to generate immense income for the singer even three decades after its release.
According to a recent report by the New York Post, Carey makes an estimated $3 million annually from royalties generated by the song alone.
In total, her earnings from streaming are reported to have surpassed $60 million, a figure that doesn’t even include additional revenues from album sales, downloads, licensing, and other royalties.
On social media, fans are marveling at the song’s endless earning potential. One user tweeted, "She really found the infinite money glitch," referring to Carey’s ability to rake in substantial profits year after year.
Another fan commented, "That royalty deal is what every artist should aspire to sign." "More like with $3 million to spend for the year it’s like a Christmas gift to herself," another added.
More like with $3 million to spend for the year it’s like a Christmas gift to herself
— chetrycherry (@chedonttalkk) December 3, 2024
Others echoed similar sentiments, with one fan writing, "Imagine every January 1st, you go into the year knowing you are going to make a guaranteed $3m without lifting a finger…that’s so gangster."
Imagine every January 1st, you go into the year knowing you are going to make a guaranteed $3m without lifting a finger…that’s so gangster
— BLOODLINE SAGA 🩸 (@Rockstar82vansh) December 2, 2024
Several fans also highlighted how Carey’s holiday hit is the epitome of passive income. One user stated, "This is the best example of passive income I've seen today."
This is the best example of a passive income I've seen today.
— A Positive Pre-Apocalyptic World (@Solo86B) December 2, 2024
Fans were also quick to point out that the song has become an enduring source of income for Carey, a steady cash flow she doesn’t have to work for.
Over the years, All I Want for Christmas Is You has become not only a staple of the Christmas season but also a monument to Carey's success.
It currently holds the title of the most popular holiday song of all time, even surpassing other iconic hits. Billboard’s Gary Trust explained that while the song took time to chart due to earlier industry regulations, it eventually skyrocketed, spending 14 weeks at the top of the Billboard Hot 100.
Carey’s classic also went on to become her 19th No. 1 hit in 2019.In addition to its success on the charts, the song shattered streaming records, with 23.7 million streams on Spotify on Christmas Day in 2023 alone.
This has helped bring All I Want for Christmas Is You closer to 2 billion streams on the platform, making it one of the most streamed songs in history. Carey’s Christmas anthem has been a "gift that keeps on giving" — a financial boon for the singer while bringing joy to millions each year.
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