Here's How Olivia Rodrigo Earned Her $16 Million Net Worth, And How She Spends Her Wealth

September 21, 2024

Highlights

Olivia Rodrigo's net worth is estimated to be $16 million, mostly earned from her debut album and various Disney appearances.
Rodrigo spends money on therapy, as she opened up about its importance in her life and how it has helped her.
She earned a significant amount from her roles on the Disney Channel show Bizaardvark and High School Musical: The Musical: The Series, and she already owns her own house at the age of 20.

Actress and musician Olivia Rodrigo rose to international fame at the beginning of this year mostly thanks to her breakthrough in the music industry. As a result of this success, Rodrigo is currently estimated to have a net worth of $16 million. Much of this fortune was earned as a result of her debut album, Sour.

Various Disney appearances have added to the net worth as well.

In addition to being one of the biggest stars at the moment, Olivia has already found herself at the center of a few scandals. Upon releasing her songs Driver's License and Good 4 U, fans immediately assumed they were about High School Musical: The Musical co-star, Joshua Bassett. While the rumors may have been just that, rumors, it did wonders for her album sales!

Has Fame Affected Olivia Rodrigo's Mental Health?

Olivia's relationship with fame and her mental health has been complicated, to say the least.

Compared to other celebrities, it's safe to say that Rodrigo still tends to be very careful with her earnings. Considering the singer is still quite young, it's important she spends her money wisely, however, what exactly does she spend it on? Let's dive in.

Update September 2023: Olivia Rodrigo may have gotten fans talking with the release of 'Sour' but they went into a frenzy with the release of her second album, 'Guts', released early September 2023. There is so much buzz about the album that there are rumors swirling that Rodrigo may just take center stage with Grammy nominations, bumping Taylor Swift and 'Midnights' to take the win when nominated in the same categories.

Rodrigo is also going on tour in 2024. All concert dates are completely sold out, which means that her current net worth will be substantially higher by the time the tour concludes.

As if that were not enough going on for Rodrigo, she has also partnered with Sony to create limited edition earbuds that are anticipated to sell out shortly after they hit the shelves.

12 Olivia Rodrigo's Net Worth Is $16 Million In 2023

After breaking out on the scene on Disney and releasing her debut album, Sour back in May 2021, it's no surprise that Rodrigo has gone on to do quite well for herself. How well? The star is now worth a whopping $16 million, up from $5 million just two years ago. This is quite an impressive feat for someone who has been in the entertainment business for less than a decade. So, how exactly does she earn her millions, and more importantly, what does she spend it on?

Does Olivia Rodrigo Still Live With Her Parents? Here's What Her Home Life Is Like

With all of her accomplishments, it's easy to forget that Olivia Rodrigo is only 20.

11 Olivia Rodrigo Spends On Therapy

Therapy certainly isn't cheap, and we're certain Rodrigo is getting the best of the best. The star opened up about her therapy sessions and just how much it's helped her.

“I hadn’t really started going until I was 16 and that was a really big, life-changing moment and I’ve learned so much about myself,” Rodrigo explained.

Although she's worth a pretty penny, it's safe to say that years of therapy comes at a cost!

10 Olivia Rodrigo Earned A Decent Payday From The Disney Channel Show Bizaardvark

We're kicking the list off with the fact that Rodrigo earned quite a lot of her net worth through the Disney Channel show Bizaardvark.

The show premiered in June 2016. Rodrigo portrayed the guitarist Paige Olvera. She starred alongside Madison Hu, Jake Paul, DeVore Ledridge, Ethan Wacker, Maxwell Simkins, and Elie Samouhi.

In April 2019, after three successful seasons, the show wrapped up.

9 Olivia Rodrigo Bought Her First House

As fans already know, Rodrigo is only 20 years old which is why the fact that she already owns a house of her own is quite impressive. Yes, the musician and actress purchased her first property before graduating from high school, but considering that Rodrigo is incredibly talented, this definitely doesn't come as a surprise!

8 Olivia Rodrigo's Role On High School Musical: The Musical: The Series Paid Quite Well

Another acting project that certainly contributed to Rodrigo's net worth is the starring role of Nini Salazar-Roberts in the Disney+ show High School Musical: The Musical: The Series, which premiered in November 2019.

Rodrigo portrayed the character in the first two seasons of the show and at the beginning of the third before she was written out.

Unlike many actors, being written out of a show was not because executives did not want her to remain a part of the cast. Instead, Driver's License took off like gangbusters and Rodrigo took off to tour, leaving no time to film on High School Musical: The Musical: The Series.

7 Olivia Rodrigo Dishes A Lot On Traveling

Of course, Rodrigo rose to international fame mostly during the ongoing coronavirus pandemic which is why the star couldn't splurge on traveling too much. However, those who follow Rodrigo on social media certainly know that she will not miss an opportunity to go to a new place, be it for work or her own pleasure.

From London, Hawaii, Scotland, and more, Rodrigo is seeing the sights and taking it all in from whatever locale she is in.

6 Olivia Rodrigo Earned Millions From Her Debut Album

While Rodrigo was already somewhat famous through her acting, her career skyrocketed once the star started releasing music. In January 2021, Rodrigo released her debut single Driver's License which immediately became a huge hit. In April of the same year, Rodrigo released her second single Deja Vu and fans absolutely loved it. In May 2021, Rodrigo released the hit Good 4 U followed by the release of her debut studio album Sour on May 21, 2021.

As if Rodrigo needed to gain more fans, her songs were included in the Amazon Prime hit series, The Summer I Turned Pretty. This helped to introduce Rodrigo's music to some that may otherwise never have heard it.

With Rodrigo's second album, Guts having just released in September 2023 to huge fanfare, it is likely that there will be more money earned off the newest album, increasing Rodrigo's net worth even further.

5 Olivia Rodrigo Likes To Spend Money On Skincare

Rodrigo teamed up with Vogue to show her fans just what her skincare routine is. As anyone who has seen Rodrigo knows, the star is absolutely stunning and fans couldn't wait to hear her beauty secrets.

As Rodrigo divulged what she used for flawless skin, many were surprised she did not purchase the most expensive skincare, but products her fans could use as well. What was clear, however, that the products she is using are absolutely working for the star!

4 Olivia Rodrigo Also Earns The Big Bucks As A Songwriter

A big reason as to why Rodrigo's music clicked with so many fans across the globe is probably because the young star writes all of her songs herself.

The Olivia Rodrigo Song Fans Think Is A Subtle Shot To Taylor Swift

Olivia Rodrigo and Taylor Swift may have some issues to resolve behind the scenes.

Yes, Rodrigo may be the new Taylor Swift when it comes to songwriting. Prior to releasing her album she wrote the songs All I Want and Just for a Moment for High School Musical: The Musical: The Series's soundtrack.

With her second album, Rodrigo is credited for songwriting on every track. As such, Guts proves to be just as personal as Rodrigo's debut album, which is why fans love her music so.

3 Olivia Rodrigo Spends Lots On Her Closet

Rodrigo might be young but there's no doubt that she has developed an incredible fashion sense. Just like a true Gen Zer, Rodrigo loves experimenting with different fashion styles in order to create a very unique and authentic look. Anyone who is familiar with the star surely knows that Rodrigo absolutely loves a good fashion piece, and she's probably willing to splurge on it!

Olivia Rodrigo earns a big portion of her millions through social media.

Currently, Olivia Rodrigo has over 34.4 million followers on Instagram, over 2 million followers on X, formerly Twitter, over 3.7 followers on TikTok, and over 12.5 million subscribers on YouTube. With a social media following of the size, it certainly doesn't come as a surprise that Rodrigo earns money through her platforms.

1 Olivia Rodrigo Loves Her Cars

And finally, wrapping the list up is the fact that Rodrigo also spends money on transportation. And the cars that Rodrigo owns are something spectacular.

Bugatti Divo	$7 million
Audi A6	$120,000
Bentley Continental GT	$900,000
Lexus ES	$135,000
Porsche Macan	$160,000
Jaguar XE	$80,000

Judging from what Rodrigo currently tends to spend her money on, she likes luxury items. But over all, it is safe to say that the young star is very smart when it comes to her money.

Sources: CelebrityNetWorth, Popsugar, nme.com

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