JoJo Siwa Net Worth

Updated On March 18, 2024 | Published By: sofi | In Net Worth

JoJo Siwa's Net Worth

As of 2022, JoJo Siwa has a Net Worth of $ 20 Million Dollars.
JoJo paid $3.5 million for a property in Tarzana, California, in February 2020.
She has been designated one of the world’s most important individuals.m

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What is JoJo Siwa’s Net Worth? (Updated 2022)

JoJo Siwa is a dancer, singer, actor, model, and reality television star from the United States. JoJo Siwa has a net worth of $20 million as of this writing. Siwa began performing on “Dance Moms” after becoming famous on “Abby’s Ultimate Dance Competition.” Although reality television helped her become noticed, JoJo’s true fame came when she established herself on YouTube. Many of her videos have received hundreds of millions of views, and as of 2020, she has about 12 million members. She has been designated one of the world’s most important individuals.

Net Worth:	$20 Million
Date of Birth:	May 19, 2003 (19 years old)
Place of Birth:	Omaha, Nebraska, U.S.
Gender:	Female
Profession:	Dancer

Early Life

Joelle Joanie Siwa was born in Omaha, Nebraska on May 19, 2003. Following a tour in 2018, JoJo began singing to sold-out arenas after gaining to stardom on YouTube with music videos such as “Boomerang” and “I Can Make U Dance.” This tour began with 52 stops in the United States and Canada and was later expanded to include stops in the United Kingdom and Australia.

The youngest contestant from Abby’s Ultimate Dance Competition, coming up with amazing hit Singles- This is Jojo Siwa a Dancer, singer, and actress popular for her signature look-Bows! — Source: Instagram (Jojo Siwa)

JoJo Siwa Bow Tie Sales

Many of JoJo’s followers tell us that her net worth must be much higher than our current estimate because she has supposedly sold 40 million bow ribbons. Though this figure has not been independently verified or published in a business magazine, she is definitely making a good living off of product sales. Even if the 40 million figure is right, it does not necessarily imply that JoJo is making “hundreds of millions” of dollars from the sales.

In the case of a celebrity product line, the celebrity is frequently paid only once a certain sales milestone has been met and all production and marketing expenditures have been recouped. If JoJo has truly sold 40 million ribbons, it is clear that this type of milestone has already been met and exceeded. This suggests she is receiving a portion of the revenues.

We estimate that each sale earns $2.5 in net profit based on the industry average cost per goods sold on a $9 bow. Based on previous celebrity endorsement arrangements, JoJo would be lucky to receive 20% of profits once expenditures are deducted. That works out to $0.54 per sale before taxes. If JoJo did sell 40 million bow ribbons, she would have had to sell another 10 million to cover her initial costs. This would give her a total pre-tax income of $16 million. Consider it $8 million after taxes.

Real Estate

Based on these estimates, it’s evident that JoJo is making a lot of money only from product sales. Please bear in mind that any net worth figure displayed on our website is after taxes. To have a net worth of $14 million, someone would have to make $25-30 million before taxes and other costs. If JoJo continues her present level of fame, we may see her being valued $50-100 million one day.

JoJo paid $3.5 million for a property in Tarzana, California, in February 2020. She was only 16 years old, but she had more money than most people make in a lifetime. Siwa’s new home was promptly disclosed on her YouTube channel, and her devoted followers were given a tour.

The Mediterranean-style home has 6,000 square feet of living area, which is plenty of space for JoJo’s entire family. Marble floors, fireplaces, a gourmet kitchen, French doors, and a slew of other interior features ensure that this young YouTuber will be able to live comfortably for many years to come. There is a swimming pool and a sports court outside.

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