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Luis Miguel Net Worth: How Rich Is The Singer Actually?

luis miguel net worth

Born in Mexico City, Luis Miguel Gallego Basteri, better known by his stage name Luis Miguel, is a Mexican singer and record producer who is best known for his work with the band Luis Miguel y la Banda.

Aside from being one of Latin America’s most popular musical singers, Luis Miguel is famous as El Sol de México (The Sun of Mexico) and El Sinatra Latino (The Latin Sinatra). He has been nicknamed “The Sun of Mexico” and “The Latin Sinatra” by the media.

The singer has sung in a wide range of musical genres including pop, ballads, bolero, tango, and jazz.

If you’re looking for an example of a prominent Latin American singer who did not record any English-language songs during the 1990s “Latin Explosion,” then here is it.

Despite this, he remained the best-selling Latin artist of the decade. In his adolescence, he moved from Puerto Rico to Mexico, where he became famous and wealthy. With over four decades under his belt, Luis Miguel has put out 22 studio albums, two live albums, eight compilation albums, nine video albums, 43 music videos, two extended plays, 64 singles, and two soundtrack albums.

He has also released two soundtrack albums. He has won six Latin Grammys, five Grammys, and eleven Lo Nuestro Awards during the course of his professional career.

The bolero genre’s popularity and progress have been owed to Luis Miguel, one of its most influential composers. Live performances and tours have also helped him rise to popularity. His talents have brought in $278.5 million for the corporation since 1990.

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Quick Bio of Luis

Real Name Luis Miguel
Age 51 Years
Date of Birth April 19, 1970
Place of Birth San Juan, Puerto Rico
Profession Singer
Sun Sign Aries
Also Known As Luis Miguel Gallego Basteri

Early life and Childhood of Luis Miguel

Luis Miguel Basteri was born on April 19, 1970, in San Juan, Puerto Rico, to Spanish singer and musician Luis Gallego Sanchez and Italian actress Marcela Basteri. He is the son of Luis Gallego Sanchez and Marcela Basteri. He grew up with two brothers, Alejandro and Sergio, who were his closest friends.

He was given his given name in honor of the Spanish bullfighter Luis Miguel Domingue. He celebrates his birthday on April 19 instead of April 18 since his father registered him with the Civil Registry of Puerto Rico the day after his birth.

Luis Miguel was reared in a Catholic household, and he credits his upbringing as one of the reasons for his conversion to Catholicism. He continues to attend services at the church whenever his hectic schedule permits it.

He had a tumultuous childhood, which was mainly owing to his early celebrity.He and his father did not have an excellent connection. Sanchez functioned as Luis Miguel’s manager and was a demanding individual who pushed his son to his limits throughout the arduous rehearsal process.

The fact is, it was this mindset that contributed significantly to Luis Miguel’s professional success. His mother vanished without a trace in 1986, and he has not located her since.

Luis Miguel informed his father that he no longer wanted him to be his manager in the late 1980s when the family was experiencing financial difficulties due to imperfect representations.

Sanchez suffered from acute despair due to the alienation between his father and son, and he eventually committed himself by drinking himself to death in 1992.

Read also: Hank Williams Net Worth: How Rich is The American Singer-Songwriter Actually?

Career of Luis

Luis Miguel began watching Elvis Presley movies at an early age, following his father’s guidance, and finally became an expert on the King of Rock and Roll, studying every movie, record, and live performance.
In the 1980s, he released five more studio albums: “Directo al corazón”, “Decidete”, “Palabra de honour”, “Soy Como Quiero Ser” and “Busca una Mujer”.

Luis Miguel’s first album was produced by Juan Carlos Calderón and Warner Music Records.
The song was sung as a duet with Scottish singer Sheena Easton for her album ‘Todo Me Recuerda a Ti’.
Luis Miguel matured as a musician with the release of his seventh studio album, ’20 Aos,’ in 1990.

His albums ‘Aries’ and ‘Segundo Romance’ won him back-to-back Grammys for Best Latin Pop Album in 1994 and 1995.
His album ‘Amarte Es Un Placer’ won him a Latin Grammy for Album of the Year in 2000.

A diamond disc and the Latin Grammy Award for Best Ranchero Album in 2005, as well as the Grammy Award for Best Mexican/Mexican-American Album in 2006, were awarded to him.

It was released in 2005, and it contains two previously unreleased singles: ‘Misterios Del Amor,’ which was released in the United States the same year, and ‘Si Te Perdiera,’ which was released in the same year in Mexico.

In 2008, he released his 18th studio album, ‘Cómplices’, with Spanish composer Manuel Alejandro. “Mexico Forever!”

Networth of Luis Miguel

The world famous singer Luis Miguel has been at the height of his fame for decades now. As one of the most famous artists in Latin America, his net worth is estimated to be $185 to $200 million USD.

Born in San Juan, Puerto Rico was raised by his grandparents and father after his mother died when he was 4 years old. From an early age, he enjoyed singing and eventually started performing in public.


Personal Life of Luis Miguel

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Facts about Luis

  • He was not born in the country of Mexico.
  • His parents are also not of Mexican descent.
  • In 1986, his mother vanished without a trace.
  • For many years, there have been speculations regarding his health.
  • Luis Mi was already the king of Las Vegas long before Jennifer Lopez or Ricky Martin ever considered establishing a residence there.
  • He collaborated with Frank Sinatra on a duet.
  • Luis Mi is the mother of three children, although she has never been married.
  • He’s been a real ladies’ guy throughout his career.

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