Bruno Mars has built a successful music career that has earned him millions of dollars. However, the singer is also known for making smart investments that have grown his wealth substantially. Let’s take a look at some of Bruno Mars’s most profitable investments.
Music Catalog
Bruno Mars owns the rights to his music catalog, which includes hit songs like “Just the Way You Are,” “Grenade,” and “Uptown Funk.” Owning the rights to his songs means he earns money every time they are streamed, played on the radio, or used in movies and commercials.
Mars’s music catalog has been a lucrative investment, generating millions of dollars in royalties over the years. His songs continue to see high levels of streaming and radio play, ensuring a steady income stream for years to come.
Real Estate
Bruno Mars has invested heavily in real estate, purchasing several luxury homes over the years. His real estate portfolio includes:
• A $6.5 million mansion in Los Angeles’ Hollywood Hills neighborhood. The 8-bedroom, 10-bathroom home features a recording studio, pool, and panoramic city views.
• A $3 million home in the Encino area of Los Angeles. This 4-bedroom house is more modest than his Hollywood Hills mansion but still offers plenty of space.
• A $2.7 million penthouse condo in New York City’s Greenwich Village. The 2-bedroom, 2.5-bathroom condo features high ceilings, hardwood floors, and a private balcony.
Real estate, especially in desirable locations like Los Angeles and New York City, has proven to be a reliable investment for Bruno Mars. The value of his properties has likely appreciated significantly since he purchased them, and they generate rental income when he is not using them.
Publishing Company
In 2013, Bruno Mars founded his own music publishing company called BMG Rights Management. Music publishing involves owning the rights to the lyrics and melodies of songs.
BMG Rights Management owns the publishing rights to all of Bruno Mars’s songs, as well as songs written by other songwriters. The company collects royalties whenever those songs are streamed, performed publicly, or used in other media.
By founding his own publishing company, Bruno Mars ensures he collects 100% of the publishing royalties for his songs, rather than the typical 50-50 split with a traditional publisher. This has supercharged the income generated by his music catalog.
Production Company
• A documentary series for Facebook Watch called “Bruno & Bobby: The World According to Bruno Mars.” The series follows Bruno Mars and his musical director Bobby Campbell as they prepare for a concert tour.
• A feature film called “Stoney Larue,” which Bruno Mars wrote, produced, and will star in. The movie is a musical drama set in Texas.
• Several music videos for Bruno Mars and other artists.
By founding his own production company, Bruno Mars gains more control and ownership over the projects he works on. If any of the projects are successful, he will reap the financial rewards as a producer in addition to any income from acting or performing.
Investments in Other Artists
Bruno Mars has invested in the careers of up-and-coming artists to gain a share of their future success. Some of his known investments include:
• A stake in the songwriting and production team The Smeezingtons, which helped launch Mars’s career.
• Investments in the early careers of artists like Meghan Trainor, Adele, and Ed Sheeran. Mars reportedly received a percentage of their royalties and publishing rights in exchange for helping launch their careers.
• An investment in the hip hop group Migos. Though the details are scarce, Mars likely received an equity stake in the group in exchange for helping produce and promote their music.
By investing in promising young artists early, Bruno Mars has been able to profit from their subsequent rise to fame. These investments have likely paid off handsomely as those artists have gone on to achieve major commercial success.
In summary, Bruno Mars has built a fortune through a diversified portfolio of investments beyond his music career alone. His smart investments in real estate, publishing, production and other artists have supercharged his wealth and ensured a steady income stream for years to come.
