Ru Paul has not only served us some fierce looks but has also won eight Grammys and made a Drag Race franchise. Naturally, we are talking of RuPaul, the common name that opened doors for drag racers. With his immense successful enterprises, you have to wonder what this icon’s net worth is.
Whether you love him or not, he still rules the media and tabloids with his lavish lifestyle. Are you wondering what his net worth is? Keep reading to find out more.
About Ru Paul
He was born in San Diego but grew up in the New York City borough of Manhattan. In New York, he studied at LaGuardia High School for performing arts. Given his history, this is very interesting!
Ru Paul then attended college on scholarship to study dramatic literature. However, after only one semester, he decided that his time could be better spent modeling full-time.
After graduating from high school, Ru Paul began doing print work. He appeared in magazines such as GQ and Vogue Hommes Japan. Later, he became interested in drag queens, which led him into acting & singing roles.
He first appeared on TV screens playing Pray Tell’s sister India St James during the second season of “All My Children.” Ru Paul then landed a role in the 1993 film “The Brady Bunch Movie” playing Marcia.
He later got his own show called Ru Paul’s Drag Race. The show has run for ten seasons to date and is now showing on VH-One and Netflix, with many views.
How Ru Paul Spends His Money
Ru Paul spends his money on several things, including property, travel, and general living expenses. He currently resides in Hollywood Hills, worth around $11 million due to the luxury homes located there. Ru Paul has also been known to drop big bucks at Las Vegas nightclubs. He parties hard and good alongside celebrities such as J-Lo & Leonardo Dicaprio.
In 2013 Ru Paul attended Mercedes Benz LA Fashion Week for Michelle Vaughn’s fashion show. Can you guess what the tickets cost? A whooping $5500 each! That year he was spotted spending time with another wealthy friend at New York City restaurant Le Bilboquet, so it seems like party season may not be over just yet.
How Much Does He Earn From ‘RuPaul’s Drag Race’?
Ru Paul earns money from his show’ Drag Race’ in a number of ways. He is paid $100,000 per episode for hosting duties and also takes home 50% of all ad revenue, which has been known to bring in over $200,000 an episode! Ru Paul’s Drag Race was given the green light by cable network LGBTQ after executives saw how popular it had become on YouTube, where each new clip receives around 300k views every 24 hours (YouTube).
This huge following shows that people are still interested in drag queens & they want to learn more about them, so they keep tuning in to watch what happens next season after season.
Ru Paul’s Investments
Ru paul invests most of his money back into business ventures such as his clothing line ‘Drag Race,’ which features several items including shoes, sunglasses, and even wigs.
The businessman also decided to launch two makeup lines in 2015 with World of Wonder Productions & Logo – Glamazon & Slaylighter after realizing how popular they were becoming online! The Drag Race Queen partnered up with Mac Cosmetics to release these products citing that he had released over fifty other personal cosmetic collections before this (Mac).
Ru Paul makes money through many avenues. They include hosting television shows like Drag Race, modeling, and releasing beauty products under his name by partnering with Mac cosmetics companies. He has been known to throw extravagant parties at nightclubs in town and enjoys spending time in Las Vegas, where he reportedly drops $30k on a weekend of partying.
How Much Is Ru Paul’s Net Worth?
Ru Paul has an estimated net worth of $12 million, making him the richest drag queen in America! He attributes this to his expensive clothing lines, makeup products & hosting gigs such as Drag Race. But it seems that when you’ve got talent like Ru Paul, then everything goes your way.
Of course, it also comes with a bit of luck in entreprenuership!