Meghan Trainor is an American Grammy Award winner and singer with a net worth of 16 million dollars. Her journey in the music industry has been remarkable; despite the challenges she faced at the start, she endured them, and now, it has been fruitful. Most of her wealth has been obtained through her successful career.
Her Music Career
Meghan was interested in music from a young age; she used to perform at her local church, and after her parents noticed her talent, they supported her and encouraged her to go for whatever she desired. She started writing music at a young age and later formed a band that included her father, younger brother, and aunt; they performed together for a while before she joined a jazz band.
While in high school, Meghan learned how to play the guitar and trumpet; simultaneously, she continued writing, recording, and producing songs and albums. Some of her earliest albums include I’ll Sing With You, Only 17, and Meghan Trainor. Despite her determination, Meghan did not achieve immediate success but did not give up. Her breakthrough came with the song All About That Bass, which peaked at number 4 on the Billboard 100.
Over the years, Meghan has released many songs garnered national and international recognition. These songs include Made You Look, Me Too Like I’m Gonna Lose You, Wrap Me Up, and Hey DJ, a song she performed with Sean Paul, CNCO, and Yandel. She even won a Grammy award in 2016 for the Best New Artist category.
Financial Struggles
Even though Meghan Trainor is financially stable, in early 2015, she mentioned that she was broke after her song All About That Bass steered her to the national level. She was struggling between the time she was waiting for the song’s sales and royalties. However, months later, things changed, and things have never been the same.
Real Estate Investments
Meghan has gone through financial challenges despite her success in the music industry, which has made her invest in various sectors as she tries to achieve financial freedom. One of those sectors is real estate, where she has partnered with her husband to make multiple investments in the industry.
In 2016, they bought a house in Toluca Lake, California, for 5 million dollars. They also bought another one for 6.6 million in 2020 in Encino, California. The couple is giving the homes time before they put them for sale.
Philanthropy and Charitable Causes
Meghan Trainor has been actively involved in various charitable causes. In her early years in the music industry, whatever earnings she got, she donated them to United Services Organizations. After success in the music industry, Meghan has partnered with various organizations to positively impact society. She has been working with the American Cancer Society, with whom she has attended various charity events.
When COVID-19 struck, Meghan Trainor donated funds for healthcare professionals at the forefront as they dealt with the pandemic. She is a generous giver, which has seen her succeed in various endeavors.