Shawn Mendes is a Canadian singer, songwriter, and musician who has achieved immense fame for his musical talent. Born on August 8, 1998, in Pickering, Ontario, Canada, Shawn Mendes rose to prominence in the mid-2010s through social media platforms and quickly established himself as a pop music sensation.
Shawn Mendes gained recognition by posting covers of popular songs on the social media platform Vine in 2013. His talent and engaging online presence quickly garnered him a large following. Before anyone knew it, Shawn Mendes' net worth reached $40 million, and he was global superstar.
9 Shawn Mendes' Impressive Album Sales
Shawn Mendes released his debut studio album, Handwritten, in 2015 at the age of 16. It debuted at number one on the US Billboard 200 chart and was certified platinum by the Recording Industry Association of America (RIAA).
His subsequent albums, including Illuminate (2016) and Shawn Mendes (2018), also performed well commercially. Illuminate was certified platinum, and Shawn Mendes achieved multi-Platinum status in the United States. Going platinum doesn't mean a ton of additional revenue for an artist; it's that the album sold a certain number of copies. More copies sold means more money for Shawn Mendes in this case.
In 2020, he released his fourth studio album, Wonder, which again debuted at the top of the Billboard 200 chart, proving Mendes is a powerhouse in the music department.
8 Shawn Mendes' Net Worth Grew With Hit Singles And Streaming Revenue
In addition to his successful album sales, Shawn Mendes has also seen tremendous success with his hit singles and streaming revenue. Many of his singles, such as "Stitches," "Treat You Better," and "There's Nothing Holdin' Me Back," have achieved platinum status as well. This means that these songs have been streamed and downloaded millions of times, generating significant revenue for Mendes.
All the songs mentioned above, as well as the vast majority of Mendes' other work, are extremely catchy. They get stuck in your head once you hear them. Fans appreciate the meaning in his words and frequently quote his music.
Shawn Mendes is available on a few major streaming services, such as Spotify, where he has millions of monthly listeners. His songs are frequently included in popular playlists, which increases their exposure.
Mendes also has a strong presence on YouTube. Millions of people subscribe to his official YouTube channel, and his music videos have billions of views. All of this is a continuous stream of income for Shawn Mendes' net worth.
7 Shawn Mendes Has Had Several Financially Successful Concert Tours
Shawn Mendes has toured to promote his albums throughout his career. According to Medium, the majority of artists' income comes from performing. This is because it is almost certain to make them more money than streaming and merch sales combined. Mendes' tours include:
Shawn Mendes: Live at Radio City Music Hall (2015) was in support of Mendes' debut album, "Handwritten." Then came the Shawn Mendes World Tour (2016), which was also promoting his first album, but on a much bigger scale.
The Illuminate World Tour took place in 2017, and Shawn Mendes quickly went right back to it in 2019 with Shawn Mendes: The Tour. Most recently, in support of his fourth studio album, Mendes embarked on Wonder: The World Tour in 2022. This tour got a lot of backlash from fans as Shawn Mendes cancelled shows in the middle of the tour. He needed to focus on his mental health, and fans sadly didn't buy it, even though Mendes has a history of mental health concerns that he has been open about.
6 Shawn Mendes' Net Worth Increases With Endorsements And Brand Collaborations
Shawn Mendes is a talented musician who is also young, good-looking, and very well-known. Because of this, a number of high-profile menswear designers chose him to be the face of their brands. This not only allows Mendes to wear the brand, but he gets paid quite a bit of money to do it.
Calvin Klein and Shawn Mendes collaborated in 2019, when he was chosen to be one of the faces of the Calvin Klein Underwear campaign. Mendes has also been featured in campaigns for the Emporio Armani brand of watches and eyewear collections.
In 2018, Shawn Mendes partnered with Tommy Hilfiger for a global brand ambassadorship. This collaboration included appearances in Tommy Hilfiger advertising campaigns and co-designing a collection of clothing.
In 2021, Shawn Mendes was announced as the new global ambassador for L'Oréal Men Expert, a skincare brand. There have been other collabs as well, like Bose and Roots just to name a few. Celebrities not only earn money from these campaigns, but it also gets them more exposure.
5 Shawn Mendes Does His Own Songwriting And Publishing
Shawn Mendes writes many of his songs and also collaborates with other talented songwriters. When an artist co-writes a song, they are entitled to a share of the publishing rights, which include the melody, arrangement, and lyrics.
Shawn Mendes' net worth increases with this endeavor, because it gives Mendes the right to get paid royalties whenever his songs are used in different ways, like when they are played live, recorded by other artists, or used in movies or commercials.
4 Shawn Mendes' Business Ventures Add To His Net Worth
According to Forbes, Shawn Mendes has been putting money into 237 Global. This is the company that made his ShawnAccess app, which has been downloaded more than 700,000 times. Investments like these usually end up being very lucrative in more ways than one for celebs, as they not only generate additional income but also expand their brand and reach.
3 Shawn Mendes Has Earned Money From Television And Film
In 2016, Shawn Mendes made his acting debut in the first episode of the third season of The 100 on The CW. Two years later, Casey Neistat, a YouTuber, directed a documentary about Mendes that was part of YouTube's Artist Spotlight Story Series. Mendes also starred in the YouTube documentary. It came out on YouTube in September 2018 and shows behind-the-scenes footage from one of Mendes' tours.
In 2022, Shawn Mendes voiced the lead character in Lyle, Lyle, Crocodile. The animated film, based on the beloved children's book by Bernard Waber, follows the adventures of a friendly crocodile named Lyle who lives in a brownstone in New York City. According to The Wrap, Mendes was absolutely terrified to voice this role because he had never done anything like it before. Mendes did a standout job and really brought the character to life, all while increasing his net worth.
2 Merchandise Sales Help Shawn Mendes' Net Worth
Like many musicians, Shawn Mendes sells merchandise related to his music and brand. This includes items such as T-shirts, posters, and accessories, which fans eagerly purchase and proudly wear at concerts and in their daily lives.
1 Shawn Mendes Also Gives Back Some Of His Money
Shawn Mendes' net worth doesn't just go toward frivilous luxuries; the singer is quite charitable with his wealth. He founded the Shawn Mendes Foundation with the goal to help young people who wonder how they can use their voice, vision, or skills to make the world a better place. By giving young activists mini-grants, to support projects, the Wonder Grant program helps youth voices keep up their work and find new ways to make their communities better.