Here's How Usher Lost Millions Of Dollars (Because Of His Exes)
Highlights
- Usher's web value was $200 million in 2020, but it dropped between 2020 and 2023, most likely due to lawsuits and prison settlements with his exes.
- Usher lost cash from his net price because of proceedings the place people claimed he transmitted herpes to them without their knowledge.
- Usher has also lost cash from divorce settlements with his ex-wives, but he's nonetheless being profitable through his Las Vegas residency.
Usher came onto the scene in the overdue Eighties, but it took some time ahead of his songs successfully began mountaineering the charts—and lining his pockets. Over time, Usher would amass loads of millions of dollars, incomes essential popularity of the whole lot from his albums to his performing gigs and extra.
Yet behind the scenes, there were a few problematic eventualities that led to his internet worth being chipped away at, every now and then slowly and infrequently in a single fell swoop. Here's what Usher's internet value is now, and how he lost a good portion of it.
Usher Was Worth $200 Million In 2020
Back in 2020, Usher was once using prime with a net worth of $200 million. His spectacular web worth stemmed from his work in music, of course, however Usher makes cash in different ways, too.
To date, he's had partnerships with Mastercard, paid offers where motion pictures use his song, began a document label, acted, and dabbled in eating place ownership.
Yet instead of proceeding to upward push, Usher's net value dropped between 2020 and 2023. it turns out Usher lost money because of some unfortunate circumstances with numerous exes.
How Did Usher Lose Money From His Net Worth?
A couple of elements seem to have contributed to Usher's financial losses. For something, he's been the defendant in a handful of proceedings that wound up costing him cash, but allegedly costing the plaintiffs their health.
Usher has been the subject of multiple lawsuits wherein people claim that he transmitted herpes to them without their knowledge. Though multiple court cases came up through the years, few details are to be had about how they have been in the long run settled.
However, one woman asked for $20 million in damages, while another asked for $10 million. The complete factor blew up for Usher when his insurance coverage company refused to cover what Usher used to be deemed liable for, pronouncing that "STD-related legal actions" were not part of their coverage.
All that regarded as, it is possible Usher needed to pay a bit of change out of pocket to settle the overall lawsuit, which Yahoo! Finance says resulted in 2019. It's no longer clear when or how the payments had been made, however Usher's drop in internet value was a neat $20M from 2020 to 2023, which turns out to align with a minimum of one of the proceedings.
There are other ways Usher has lost money over time, too, while he wasn't actively earning sufficient to steadiness all of it out.
How Much Did Usher Pay His Ex Tameka Foster?
Usher's ex Tameka Foster dispelled the myth that she was a "gold digger" after their divorce, maintaining that she truly loved Usher and sought after to paintings things out. Tameka claimed she received less than $1 million in their divorce settlement, pointing to her successful profession prior to assembly Usher. She even known as marrying him a 'pay minimize.'
A couple of years after the divorce, Tameka spoke out concerning the custody association after the ex-couple's son just about died by means of drowning in his dad's pool (Usher was about a mile away at a recording studio, with the kid's aunt watching him at house).
At that time, Tameka had filed for emergency custody (Usher retained number one custody post-divorce), however was once unsuccessful. At the time, she spoke about receiving $8,000 per month in kid enhance from Usher, announcing that it is "not a lot of money" and that her children have been the concern.
Some quick math, according to the boys' ages (they have been around one and two when the divorce was finalized), suggests that child give a boost to would overall around $1.Five million for both kids to age 18.
All advised, Usher may have paid out about $3 million or so that you could Tameka, making that a a ways more cost effective prison drama than his STD fits.
How Much Did Usher Pay His Second Wife?
Fans could have forgotten all about Usher's other marriage; he used to be married to Grace Miguel for about 3 years, beginning in 2015. Less than a yr after they break up, Usher got with his now-partner Jenn Goicoechea.
Given the timeline, it was widely assumed that Grace opted to split from Usher after studying about all of the indiscretions that allegedly led to girls being recognized with herpes.
Regardless, the general public by no means found out what was included in the former couple's settlement; it used to be a quiet one, with out a greenback amount attached.
Fans can best wager as to how much cash Usher would possibly have paid, and whether or not a nondisclosure clause was added to keep her quiet about the details.
How Is Usher Making Money Now?
Fortunately for Usher, he is still raking within the dough in spite of having lost some of his internet worth. Thanks to his super-lucrative Las Vegas residency, Usher is poised to make his a reimbursement and hit that $200M mark sooner relatively than later.
Only time will tell, on the other hand, whether or not the singer can hang onto all that cash.
ncG1vNJzZmivp6x7tbTErZ%2Bippeoe6S7zGiuobFdqsCpsdFmo6irpGK6sLrEsmY%3D