Mariah Carey's festive hit 'All I Want for Christmas Is You' continues to generate substantial income, earning approximately £2.4 million ($3 million) in royalties each year, according to the New York Post. Since its release in 1994, the song has accumulated around £47 million ($60 million) in total royalties.
The track, which first topped the Billboard Hot 100 in 2019, has now spent a total of 16 weeks at number one, tying for the third-longest dominance in the chart's 66-year history. It has held the top spot for two consecutive weeks this Christmas season.
According to The Economist, between 1994 and 2016, Carey earned about £2 million annually from the song. The enduring popularity of the holiday classic ensures a steady stream of income for the singer.
Carey's overall net worth is estimated at $350 million (£289 million), according to Celebritynetworth.com. Her wealth stems from a successful music career spanning over two decades, including album sales, tours, and other ventures, with 'All I Want for Christmas Is You' contributing a significant portion.
The singer also invests in luxury properties, owning several million-dollar homes that have appreciated in value. In 2024, she embarked on a Christmas tour, further capitalising on the festive season.
