Ricky Martin is regarded as the "King of Latin Pop," and for good reason. He is currently experiencing a career resurgence with his "Trilogy" Tour with Enrique Iglesias and Pitbull, which begs the question, how much is his net worth now?

According to Money Inc, Ricky Martin is currently the third richest Puerto Rican and the richest Puerto Rican entertainer with a net worth of $120 million. This means he is richer than actor Benicio del Toro who is worth $45 million and fellow musician Daddy Yankee, who is worth $40 million. If you combine these two entertainers' money, they still won't be as rich as Ricky Martin.

The only two Puerto Ricans richer than Ricky Martin right now are actual billionaires, including businessman John Paulson and s "Wall Street's hottest dealmaker," Orlando Bravo. Paulson is worth around $6 billion while Bravo has a net worth of $6.3 billion.

However, where did Ricky Martin get all his money? The simple answer would be the music industry, as the Puerto Rican music icon has been in the business since he was a young boy, as part of Menudo. He might have struggled after he left the group but soon grew to become a global music icon worth millions of dollars.

How Much is Ricky Martin Really Worth?

Many sources differ on how much Ricky Martin's net worth actually is, with some saying it is at $120 million, while others, such as Celebrity Net Worth, list it at around $130 million. However, all these sources agree that the "Livin' La Vida Loca" singer is insanely rich with assets worth millions.

Last year, as reported by Latin Post, his net worth was still listed at around $130 million. This was attributed not just with his music career, but also to his many assets, especially in real estate. The same can be said right now as Ricky Martin owns various properties all over the world.

READ MORE: Ricky Martin of Menudo: From Stardom to a Dark Story That Many Were Probably Not Aware Of

According to Celebrity Net Worth, his global assets include a $13.5 million home in Beverley hills, California, a villa in Madrid, his own private island off the coast of Rio de Janeiro, and of course, his luxurious mansion where he usually stays right in his home country of Puerto Rico.

Ricky Martin has also proven to be a shrewd real estate investor, often buying properties and selling them for larger amounts a few years later.

What Is Ricky Martin Up to Right Now?

While he purchases properties and then reselling them for a higher price during his free time, Ricky Martin is actually pretty busy gearing up for an upcoming concert tour with Enrique Iglesias and Pitbull called the "Trilogy Tour."

According to NME, the trio will be touring the United States and Canada, with the concert tour officially kicking off in Washington DC on October 14 at the Capital One Arena. They will also hit Toronto, Montreal, Boston, New York. Dallas, Houston, and many other cities.

READ MORE: Ricky Martin Music: Get Into the Groove With the Puerto Rican Singer's Top Songs

This article is owned by Latin Post.

Written by: Rick Martin

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