The Latin music industry is experiencing remarkable growth, transforming many of its top artists into wealthy multimillionaires. This genre’s popularity led to the establishment of the Latin Grammy Awards in 2000. Several artists have successfully transitioned to the English market, continuing to earn substantial profits with their music.

10. J Balvin, 38

Estimated net worth: US$30 million

J Balvin, a Colombian reggaeton singer, stands out as one of the world’s most popular Latin artists, boasting nearly 51 million Instagram followers. He has not only sold over 35 million records worldwide but has also collaborated on tracks such as “Blurred Lines” with Robin Thicke and Pharrell Williams, and “Con Altura” with Rosalía.

9. Daddy Yankee, 47

Estimated net worth: US$50 million

Daddy Yankee, a Puerto Rican hip hop artist known for hits like “Gasolina” and “Despacito,” which topped the Billboard chart for 16 weeks, announced his retirement in March 2022 after a successful three-decade-long career.

8. Bad Bunny, 30

Estimated net worth: US$50 million

Bad Bunny, a Puerto Rican rapper, singer, and songwriter, emerged as the youngest talent on the list. By 2020, he became the most-streamed artist globally, and his high-profile ventures like a Gucci campaign alongside Kendall Jenner have further boosted his wealth.

7. Marc Anthony, 55

Estimated net worth: US$80 million

Marc Anthony, renowned as one of the most successful Latin singers, gained widespread recognition through his marriage to Jennifer Lopez. He ventured into the English-language market with his eponymous album in 1999, which achieved triple platinum status.

6. Enrique Iglesias, 48

Estimated net worth: US$100 million

Enrique Iglesias, a Spanish-Filipino singer-songwriter and actor, has sold over 170 million records worldwide, earning him the title “King of Latin Pop.” His successful career spans both Latin and English-language music markets.

5. Pitbull, 43

Estimated net worth: US$100 million

Pitbull, a Cuban-American rapper and songwriter, not only made a name for himself in the music industry but also ventured into entrepreneurship and brand ambassadorship, diversifying his sources of income.

4. Ricky Martin, 52

Estimated net worth: US$130 million

Ricky Martin, a Puerto Rican artist, achieved commercial success both as a member of Menudo and as a solo artist. He made a significant impact on the English market with his hit single “Livin’ la Vida Loca” in 1999 and later found success in film and theater.

3. Shakira, 47

Estimated net worth: US$300 million

Shakira, a Colombian-born pop star, has sold over 80 million albums and singles worldwide. Her transition to the English market with the release of “Laundry Service” in 2001 marked a significant milestone in her career.

2. Jennifer Lopez, 54

Estimated net worth: US$400 million

Jennifer Lopez, a prominent figure in both the Latin music scene and Hollywood, has sold over 80 million records and ventured into film production with her company, Nuyorican Productions, through a multi-year deal with Netflix.

1. Gloria Estefan, 66

Estimated net worth: US$500 million

Gloria Estefan, a legendary Cuban-American singer, songwriter, and producer, has amassed a net worth of around half a billion dollars. With numerous Grammys and successful crossover hits, she remains one of the most accomplished artists in music history.