Maluma Net Worth: How Rich Is the Colombian Reggaeton Artist?

Maluma, the renowned Colombian singer-songwriter, actor, and record producer, has emerged as one of the most accomplished figures in Latin music, known for his unique fusion of reggaeton and pop, per Bio Overview.

At 16, Maluma started his musical journey, beginning a remarkable career. His debut single laid the foundation for his rise to stardom.

However, the release of his album "Pretty Boy, Dirty Boy" in 2015 propelled Maluma into the mainstream spotlight, cementing his status as a household name.

Maluma has collaborated with many renowned musicians throughout his career, further solidifying his impact on the industry. In 2018, he achieved significant commercial success by releasing his third studio album, "F.A.M.E."

One of the standout tracks from Maluma's discography is "Hawái," which soared to great heights. The single claimed #3 spot on the Billboard Global 200 chart and secured the coveted #1 spot on the Billboard Global Excl.

Maluma's Early Life

Maluma is the youngest child of Luis Fernando Londoo and Marlli Arias. He was born on January 28, 1994, in Medellin, Colombia.

Growing up, Maluma developed a fondness for sports, particularly football, and actively engaged in the game. His dedication led him to join lower-tier clubs such as Equidad Sports Club and Atletico Nacional, fueling his competitive spirit.

However, his discovery of music at a young age genuinely ignited his passion. Fascinated by the art form, Maluma's interest in singing quickly blossomed, capturing his attention and setting him on a new path.

Maluma attended the Hontaranes School in El Retiro, where he showcased his vocal talents to a modest but appreciative audience.

Maluma's Career

During high school, Maluma significantly shifted from athletics to focus on his musical aspirations. Encouraged by supportive classmates who recognized his potential, he wholeheartedly pursued a music career, according to Inspiration Feed.

Taking his first steps into the music industry, Maluma entered various local singing competitions, laying the foundation for his musical journey.

At fifteen, he collaborated with a friend to write the hit track "No Quiero," which served as his breakthrough moment. The following year, his uncle Juan Parra gifted him a recording session for his birthday, recognizing Maluma's talent and potential.

Impressed by his musical abilities, producers encouraged Maluma to adopt a stage name. Thus, he came up with "Maluma," a fusion of his parents and sister's initials, creating a unique and memorable identity for himself.

Maluma embarked on his official music career in 2010. He signed with Sony Music and released his debut single, "Farandulera," marking the beginning of his professional journey.

Expanding beyond music, Maluma ventured into the world of television. In 2014, he made his on-screen debut as a coach on the Colombian singing competition La Voz Kids, showcasing his mentoring skills and industry expertise.

That same year, he also took on the role of the primary host at the "Kids Choice Awards Colombia."

Since then, Maluma has appeared in various films and TV shows, further diversifying his artistic endeavors and solidifying his status as a multifaceted entertainer.

Maluma: Net Worth

Maluma has achieved considerable financial success primarily through his flourishing music career and various business ventures, Fotolog noted.

One of his notable sources of income stems from his music video platform Vevo, which boasts an impressive subscriber base of over 10 million and a staggering 6 billion video views.

Maluma reportedly generates substantial earnings of $15,000 for every million views his videos accumulate on Vevo streams.

The sale of his albums, singles, and mixtapes contributes significantly to Maluma's wealth. Additionally, he capitalizes on his popularity by embarking on worldwide tours and delivering captivating live performances, further augmenting his income.

Considering his achievements and financial endeavors, Maluma net worth is roughly $12 million.

This article is owned by Latin Post.

Written by: Bert Hoover

WATCH: Inside Maluma's Massive Colombian Mansion - From Architectural Digest