Shawn Mendes Net Worth (2020) – How He Made His Fortune

By Ryan Williams
Shawn Mendes Net Worth
3 August 2020
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After hours of research we’re really stoked to bring you the details of Shawn Mendes Net Worth.

Today, we’re going to be diving deep into Shawn’s career and we’ll be looking at:

  • how he made his fortune
  • milestone deals
  • his assets – property, cars, boats, planes etc. 
  • how he likes to spend his money

 It’s an interesting career – my favorite part is where he generously supports “Musicians On Call” – really interesting charity…


Brief Overview: Shawn Mendes 

  • Net Worth: $22 Million
  • Date of Birth: August 8, 1998
  • Gender: Male
  • Relationship Status: Hailey Baldwin (2017-2018) Dating Camila Cabello
  • Children: None
  • Profession: Singer/ Songwriter
  • Nationality: Canadian
  • Last Updated: 2020
Shawn Mendes Net Worth

Net Worth:

YearNet Worth $
2011$ 4 million
2012$ 6 million
2013$ 7.5 million
2014$ 9 million
2015$ 11.9 million
2016$ 12 million
2017$ 2 million
2018$ 3 million
2019$ 3 million
2020$ 5 million

Early Life:

Shawn Peter Raul Mendes was born on the 8th of August, 1998 in Toronto, Ontario, Canada.

His parents, Karen and Manuel, worked as a real estate agent and businessman.

His father is of Portuguese descent (born in Lagos). His mother has deep roots in Dorset, England.

Shawn’s parents raised him in Pickering. That was when he first started posting song covers on Vine in 2013. In a few short months, he amassed millions of followers.

He became famous for his six-second video clip renditions of popular songs.

Young Shawn Mendes

It was Andrew Gertler who discovered Shawn online in January of 2014. This took him to Island Records where he released his first single “Life of the Party.”

That was in June of the same year.

He was the youngest artist ever to compose his own debut album in the top 25.

His debut song from the album landed the 24th spot on Billboard Hot 100. Considering how old Shawn Mendes is even now, that’s a feat in itself!

The then-15-year-old Shawn got the opportunity to tour as a member of the MagCon Tour. He sang alongside fellow young artists and social media influencers.

Mendes toured with Austin Mahone at one point and got to release his debut major-label EP in July.

In only one year (2015), Shawn was already starting his first tour.

Two years later, his Madison Square Garden performances were sold out in a matter of minutes. Not only that. He also had two big-hit albums.

Want to know more about this heartthrob? Read his bio.

Shawn Mendes Net Worth

Business Ventures Endorsements & Products:

With the millions of dollars he’s raking in, it wouldn’t be surprising for Shawn to have plenty of endorsement deals. Earning more than the Jonas Brothers, he has amassed a whopping $87M while on tour alone.

Aside from that, he has signed a major deal with Calvin Klein even before he could legally drink his first beer.

Among his many endorsement deals are Emporio Armani, Smile Direct Club, Boosted Boards, Cocowhite, Lovesac, and Beats By Dre.

Shawn Mendes Business

Investments

Not all up-and-coming artists have the knack of being smart with finances.

And while Shawn belongs to the age group where people spend and spend, he took a different route.

He invested.

Together with his manager, Andrew Gertler, Shawn signed his major investment and long-term partnership with Flow Alkaline Spring Water.

Shawn Mendes Investment

Not a typical business venture to invest in, but he sure is smart to do it!

Flow is an enterprise that supports efforts to help the environment.

Reverb, a non-profit organization, leads it in dealing with social and environmental issues.

Mendes and Gertler became major advisors and investors in Flow.

The two will be rubbing shoulders and working with Nicholas Reichenbach, the founder and CEO of Flow. Shawn is the company’s “Sustainability Ambassador.”

The reason they invested in Flow is that they were fans of the brand.

Career Earnings

Much like a typical pop star story that started from zero, Shawn Mendes has had his own piece of success.

At only 21 years old, he had already managed to position himself in Forbes’ list of 100 highest-paid celebs in 2019.

His $38M earnings came in relatively low on the list – he was at no. 98.

But, heck yeah!

Shawn Mendes Net Worth

If just being on that list means a hike on my endorsements, then I don’t mind being in 98th place!

He earns more than music icon Celine Dion!

The majority of Mendes’ income is from music he makes, both in tours and sales.

In 2017, he made his first major Illuminate tour.

It grossed over $32M!

His 2019 tour named Shawn Mendes: The Tour earned double ($74M).

The young singer’s actual studio album sales reached a staggering $16.5M.

He’s a master of making a studio album, after all.

Needless to say, he owes his success to his love for music.

Shawn Mendes Net Worth

Philanthropy:

When people say the youth are the future of this world, just look no further than Shawn Mendes.

Shawn is not only super rich but he’s also philanthropic as he supports a number of charities.

He’s a supporter of  “Musicians on Call.”

This charity helps bring recorded and live music to patients in healthcare facilities.

Its goal is to help speed up patients’ healing process by serenading.

The “Pencils of Promise” foundation is also among Shawn’s charities that he supports.

Shawn Mendes Net Worth

The aim of this foundation is to build schools. It likewise aims to instill in the young the power of taking action both abroad and at home.

Along with his fellow young singer Austin Mahone, Shawn supports “The Ryan Seacrest Foundation.”

This foundation enhances the quality of life of seriously injured and ill children.

The foundation establishes programs that make use of multimedia arts and other platforms.

Among the many charities that Shawn supports is “The Salvation Army.” This international movement is part of the Christian Church that preaches the Gospel.

His charitable works are also in consonance with the causes that he keenly supports.

Shawn, as is with almost everyone, rallies against abuse, and supports disadvantaged youths, health, disaster relief, families, education, poverty, homelessness, and senior citizens.

Shawn has both a voice and a heart of gold!

Kudos.

How He Spends His Money:

As incredibly rich as Shawn Mendes is, he’s not one to spend money on useless things.

It’s a breath of fresh air to find out he’s a celeb onto something charitable again.

Previously, he started the teen mental program on DoSomething.org. He has also donated more than $100,000 to the Mexico Earthquake Relief Fund and even showed support for the March For Our Lives with his music video for “Youth.”

In a press release, Shawn Mendes said, “I’m so excited to launch The Shawn Mendes Foundation. For a long time, I’ve wanted to find a way to amplify the causes that my fans and I care deeply about, and to help make the voices of our generation heard. My goal in launching the foundation is to work alongside my fans, and do everything I can to help provide them with a platform that inspires positive change, and empowers young change-makers.”

Just Wow.

Real Estate:

In One World: Together at Home, Mendes’ fans got a glimpse of his humble abode.

Viewers of the primetime special were shocked to find out that Shawn Mendes lives in a Toronto High Rise.

Late last 2019, while Shawn chatted with his Twitter fans, one asked him, “How cozy is your apartment [right now] on a scale of 1-10?”

His answer to the question astounded everyone when he posted a scenic photo of his home with the caption “This cozy.”

The photo showed off the singer’s picturesque view of the Toronto skyline partnered with a comfy-looking couch and his guitar perched on a chair in the corner.

No wonder he’s been spending more time in his home since COVID-19 happened.

Shawn Mendes Real State

Toys:

But, of course, just like everyone else, a little splurge here and there is allowed, especially for a soul quite as young as his.

With Mendes’ net worth, his owning a Ford Mustang isn’t at all surprising.

Just a reminder.

A Ford Mustang roughly costs around $65,000.

That’s pretty much it – he’s clearly not an ostentatious person but rather he prefers to pay it forward in the most incredible ways.

Fun Facts:

I’m pretty sure you’d want to get to know him more.

Here are some fun facts about the singer/songwriter and model.

Shawn got his second name from his father.

Well, the name “Raul” is a Hispanic name so it wouldn’t be surprising that he got that name from his Portugues dad really would it?

He went to the Pine Ridge Secondary School in Ontario, Canada. If you’re an alumnus of this high school, then you might want to check out your yearbook!

He loved playing soccer, and ice hockey in school.

Well, what do you know. A well-rounded guy, he is.

Loves music.

Loves sports.

Nice!

He plays both the guitar and piano. No surprises there.

Before being recognized as a singer, Shawn had originally wanted to act. Imagine him acting on TV and cinema screens with his charm.

That would be a treat!

Twitter verified Shawn the day he signed a record deal with Island Records.  Well everyone yearns for that smallest blue check mark beside their name. Shawn got his as easy as 1, 2, 3.

Shawn Mendes was the youngest music artist with a No. 1 album since Justin Bieber.

Shawn Mendes received a People’s Choice Award for Favorite Breakout Artist in 2016.

He made it to Time’s 25 Most Influential Teens list for three years (2014, 2015, and 2016).

Shawn Mendes has modeled for the Emporio Armani Spring 2018 runway held in Milan, Italy.

In September of 2017, Mendes spearheaded the Mexico Earthquake Relief Fund to help people hit by the earthquake in Mexico City.

Interesting…

FAQ’s: Frequently Asked Questions

How much money does Shawn Mendes make per show?

Mendes’s 2017 world tour grossed $35 million across 54 shows, which is an average of  $649,000 per night.

Is Shawn Mendes a billionaire?

With a Net Worth of $22,000,000.00 Shawn has a way to go before he can call himself a billionaire.

5 Lessons From Shawn Mendes:

Being among the most influential teens of the decade, Shawn doesn’t joke around when it comes to bringing inspiration to his growing fan base.

  1. You don’t have to be good at something right away. All it takes is practice – lots of it!

    Shawn Mendes said in an interview, “I promise you, if you look at YouTube and see some of my first covers, you’ll hear I don’t sound good. But I was so obsessed with it and wanted so much to be good at it that I forced myself to figure out what sounds right and what sounds wrong.”

    You hear how good he is now? Thank goodness he never gave up.

    It’s a win-win for both Shawn and his fans.

  2. Know your purpose for doing what you do.

    More often than not, young artists like Shawn face a lot of criticisms and can tend to be stereotyped rather a lot.

    Shawn Mendes is different!

    In an interview, he said, “I don’t want to be just a teenage star. I want to be known by parents, and I want them to go, ‘Oh I love that song; he’s really good for his age. My daughter loves him, but I love him, too.’”

    Right back at ya, Shawn!

  3. It never hurts to be spontaneous.

    Shawn revealed, “My first Vine I really just posted out of spontaneity.”

    Well, imagine if he hadn’t posted that Vine. Doesn’t bear thinking about really.

Summary: Shawn Mendes Net Worth

So there you have it.

I’m sure you’ll agree that Shawn Mendes has indeed made an incredible name for himself all thanks to that six-second Vine.

What an incredible young man – so charitable.

He deserves all his success and more – we wish you well Shawn!

Be sure to check in for more info about Shawn in future articles.

I hope you enjoyed this – you might also want to check out Camila Cabello’s bio.