Sam Smith’s net worth is $21 million. The breakout British pop singer stormed the world with $8 million in earnings in 2014. Album sales, singles, YouTube earnings and endorsements have earned the star $24 million since 2013. Taxes and expenses chop $13 million from the Sam Smith net worth total.
Smith has made $8 million from album sales, $4 million from singles sales, $20 million from concerts and $10 million from YouTube earnings. Another $1 million from endorsement deals gives the star his total salary of $15 million per year.
Sam Smith Net Worth Facts
Sam Smith’s net worth of $21 million is huge for a star who’s just hitting the scene. See comparisons below:
|Sam Smith net worth||$20,865,157|
|Sam smith net worth vs Miley Cyrus net worth||5 times smaller|
|Sam Smith net worth vs Adele net worth||2 times smaller|
|Sam Smith net worth vs Michael Buble net worth||3 times smaller|
|Sam Smith net worth vs Selena Gomez net worth||2 times smaller|
|Sam Smith net worth vs Taylor Swift net worth||12 times smaller|
|Sam Smith net worth vs Barack Obama net worth||6 times bigger|
|Sam Smith net worth vs Bernie Sanders net worth||40 times bigger|
|Sam Smith net worth vs median American family net worth||307 times bigger|
Also see: Miley Cyrus Net Worth
Sam Smith Net Worth Through Time
How does Sam Smith’s net worth shake out over time? The star only got his start in 2013.
|Sam Smith Net Worth 2012||$0|
|Sam Smith Net Worth 2013||$1,596,469|
|Sam Smith Net Worth 2014||$8,754,026|
|Sam Smith Net Worth 2015||$20,295,409|
|Sam Smith Net Worth 2016||$20,865,157|
Sam Smith Net Worth Breakdown
This section and the ones below it show the details of where the Sam Smith net worth total comes from. Most of Smith’s earnings come from concert tours. That’s not unusual for a modern performer. The smallest part of Smith’s money comes from endorsements. Relatively new stars don’t tend to land high dollar endorsement deals right away.
About one fifth of Smith’s earnings come from album sales and another tenth from singles sales. Another 1/5th comes from YouTube earnings.
|Sam Smith Income Source||Amount|
|Sam Smith Salary||$15,016,749|
|Investment Income (Estimated at 6% per year after tax)||$708,375|
|Total Sam Smith Earnings||$45,050,247|
|Taxes (45% UK tax bracket)||$19,953,843|
|Expenses (at 1% of income)||$4,434,187|
|Total Sam Smith Payouts||$24,388,030|
|Sam Smith Net Worth 2016||$20,662,217|
We’ll go over each of the above earnings categories in detail below.
On 1/3/16, Smith tweeted that his fame still hasn’t caught up with him yet. He seems as stunned and excited as any of us would be in his shoes.
Had my radio on in the kitchen today. Still get a wave of heat and excitement through my bones every time my songs come on. So surreal
— Sam Smith (@samsmithworld) January 3, 2016
Also see: Selena Gomez Net Worth
Sam Smith Album Sales
Sam Smith’s net worth benefits from only one studio album and one E.P. Smith’s 2014 studio album In the Lonely Hour sold 8.5 million copies worldwide. According to industry sources, Smith writes about half of his own material. That gives Smith an approximate percentage of 8.85% from each album sold. At a cost of $10.99 per album, that gives Smith a total of $8.3 million from album sales before taxes.
As his main influences, Smith cites Amy Winehouse and Adele. Smith won four Grammy Awards in 2015. He thanked his ex-boyfriend, actor/model Jonathan Zeizel during his acceptance speech. Smith said his broken heart was the source of inspiration for his Grammy winning songs.
|Sam Smith Albums||Year||Total Album Sales||Album Cost||Sam Smith Percentage||Sam Smith Earnings|
|Total Sam Smith Earnings from Albums||$8,315,858|
|In the Lonely Hour||2014||8,500,000||$10.99||8.85%||$8,267,228|
|Nirvana (Sam Smith EP)||2013||50,000||$10.99||8.85%||$48,631|
Also see: Taylor Swift Net Worth
Sam Smith Singles Sales
Smith sold an incredible 20 million singles in 2014. That’s huge for a rookie performer. The star sold 11 million singles in 2015 and performed his world tour all year. All together, the Sam Smith net worth total added $4 million from sales of singles. That includes singles where the singer appeared as a featured performer, which gives him a smaller cut of profits.
Smith wasn’t always rich and famous. Just before his big break, he is rumored to have had a job cleaning toilets. Smith has also revealed that he has obsessive compulsive disorder. He doesn’t keep the condition secret and in fact tweets about it regularly.
|Sam Smith Singles||Year||Total Album Sales||Album Cost||Sam Smith Percentage||Sam Smith Earnings|
|Total Sam Smith Singles Earnings||31,475,000||$4,155,195|
|Lay Me Down (Sam Smith debut)||2013||50,000||$1.99||8.85%||$8,806|
|Money on My Mind||2014||1,500,000||$1.99||8.85%||$264,173|
|Stay With Me (Sam Smith top seller)||2014||11,000,000||$1.99||8.85%||$1,937,265|
|I'm Not the Only One||2014||6,500,000||$1.99||8.85%||$1,144,748|
|Like I Can||2014||1,000,000||$1.99||8.85%||$176,115|
|Have Yourself a Merry Little Christmas||2014||50,000||$1.99||8.85%||$8,806|
|Lay Me Down (Sam Smith re-release)||2015||2,200,000||$1.99||8.85%||$387,453|
|Lay Me Down (Re-release with John Legend)||2015||100,000||$1.99||8.85%||$17,612|
|Writing's on the Wall||2015||75,000||$1.99||8.85%||$13,209|
|Featured Singles (Latch, La La La etc.)||2015||9,000,000||$1.99||1.10%||$197,010|
Also see: Lady Gaga Net Worth
Sam Smith Concert Tours
Smith has had only one concert tour to date. That’s not an eye-opener for a star who just recently appeared. Smith’s In the Lonely Hour tour covered 81 shows and paid an estimated $21 million into the Sam Smith net worth coffers.
The show had 40 shows in North America and 26 in Europe.
Smith is only 24 years old. During Taylor Swift’s Red tour, the two performed Money on My Mind as a duet.
|Sam Smith Concert Tours||Year||Total Box Office||Sam Smith %||Sam Smith Earnings|
|In the Lonely Hour||2015||$24,000,000||85%||$20,400,000|
Also see: 14 Legit Ways to Make Money Online
Sam Smith YouTube Earnings
YouTube is becoming a real contender when it comes to a star’s net worth. Sam Smith has 1.6 billion YouTube views, and all of those carry ad revenue. How much revenue? Marketing experts place earnings for 1,000 YouTube views at about $7.60 for top performers. That gives the Sam Smith net worth story a boost of about $10.5 million from YouTube ads.
|Sam Smith YouTube Views||Earnings Per 1,000 Views||Sam Smith %||Sam Smith Earnings|
Sam Smith Endorsement Deals
Smith is a new performer, and that means he doesn’t yet have a ton of product endorsement deals. We conservatively estimate the star has earned a grand total of $1 million from endorsements. That’s $500,000 a year for 2014 and 2015. Whether Smith will add to his net worth from more endorsement deals in the future depends heavily on how he manages his career. If he continues to churn out albums and tours at the rate of one every year or every two years, he could wind up with a net worth in the hundreds of millions and endorsement deals of $10 million a year or more.
Sam Smith Net Worth Calculations
To pull it all together, we’ve estimated taxes, expenses and investment income into the Sam Smith net worth sum.
Smith is a UK resident in the highest tax bracket. He therefore pays the top UK tax rate of 45% of income. His expenses for agent fees, staff and cost of living most probably come to 10% of his earnings per year. The star also most likely earns about 6% in investment income annually on average.
Smith isn’t numb to the wonder of his skyrocket ride to fame and fortune. Check out his New Year’s Eve tweet below.
2015 – best year of my life to date. To all who have shared it with me…. CHEERS ❤️ love you… https://t.co/h5VGfjn3Zt
— Sam Smith (@samsmithworld) December 31, 2015
The table below sums up all of Smith’s earnings, plus taxes, investments and expenses.
|Sam Smith Net Worth Calculations||Total Sam Smith Earnings||Sam Smith Taxes (at 45% of income)||Expenses (10% of income)||Investment Income||Sam Smith Net Worth|