With friends like Taylor Swift and Ed Sheeran, you’ve gotta assume that breakout pop star Shawn Mendes is himself rolling in cash. But just how successful has Shawn Mendes really become? We’ll take you through the breakdown of his net worth and find out just how wealthy this young star has become in 2018.
Shawn Mendes first rose to fame in 2013 after he began posting videos of himself covering famous songs on Vine. Within a few months, he had garnered millions of fans. But that was just the beginning. He was discovered by manager Andrew Gertler in 2014 who helped him to sign with Island Records that year. At just the tender age of 15, Shawn Mendes debuted his first single, “Life of the Party” which landed on the Billboard Hot 100. So how does Shawn Mendes earn his money?
First, there’s Shawn Mendes’s primary source of income, his music. His album “Handwritten” has been a high performer for his record company, selling 106,000 albums in its first week alone. His second studio album, Illuminate, was released in June, 2018. Again, the album posted serious sales with 121,000 albums sold on its debut. Shawn Mendes has also released collaborations with the Vamps, Fifth Harmony and Disney. In 2018, Mendes opened for Taylor Swift on her 1989 world tour dates for North America. And in March, 2018, Mendes embarked on his second world tour, performing all across America.
Second, Shawn Mendes, like other social media stars such as Cameron Dallas or Nash Grier, has leveraged his fan base to participate in events like MagCon. MagCon tours across the US to enable teens everywhere to meet and greet with their favorite social media stars.
More recently, Shawn Mendes has made the leap to the small screen. He made a guest appearance on the CW show, “The 100.” In addition, he was signed in 2018 to Wilhelmina Models.
Of course, what’s a celebrity career without a slew of endorsement deals. Based on activity on his social media, Shawn Mendes has formed endorsement partnerships with companies such as Beats by Dre, Lovesac, and Boosted boards.
So what’s the grand total for this tween star? Shawn Mendes’s total net worth in 2018 comes to $4 million.