Fifth Harmony is currently one of the most popular groups in pop music. Since their formation on The X-Factor in 2012, the group has given their fans numerous hit singles, a playful social media presence, and a genuine shock when one of their original members, Camila Cabello, left in 2016.
Fortunately for “harmonizers” everywhere, Cabello’s exit has done little to slow down Fifth Harmony’s success. Tonight, they will appear on the 2017 Teen Choice Awards, where they are nominated for Choice Music Group, Choice Song for a Group (“Down” featuring Gucci Mane) and Choice Summer Group. They will also serve as one of the show’s presenters.
To learn how much Fifth Harmony is worth as a group, as well as the individual net worth of each member, read on:
1.They Have an Estimated Net Worth of $10 Million
According to Celebrity New Worth, Fifth Harmony has an estimated net worth of $10 million. Most of which, has been accumulated through their successful music career. The group first rose to prominence on The X-Factor, and would release their debut EP Better Together in 2013. Better Together debuted at number six on the Billboard 200, and spawned the sleeper hit “Miss Movin’ On.”
The real success would come with the album Reflection in 2015, however, which peaked at number five on the Billboard 200 and included the top 20 Billboard single “Worth It” featuring Kid Ink. Reflection would go on to receive a Gold certification, upping their status in the industry and setting the stage for their sophomore effort 7/27 in 2016.
Fifth Harmony once again rose on the charts, while “Work from Home” featuring Ty Dolla Sign peaked at number four on the Billboard Hot 100 and remains the group’s best-selling single. 7/27 also received a Gold certification.
Fifth Harmony have sold over 420,000 albums worldwide and accumulated over 1.6 billion streams, while their 7/27 tour grossed an additional $5.1 million in the United States, according to Pollstar.
2. At $3.5 Million, Lauren Jauregui Has the Highest Individual Net Worth in the Group
While steadfast in their desire to be seen as a group, the individual members of Fifth Harmony have also found success on their own. Lauren Jauregui tops the respective ranking of the group’s current members, as Earn That Necklace reports her estimated net worth to be $3.5 million.
Kordei added to her net worth when she appeared on season 24 of Dancing With the Stars and earned praise for her dancing skills. Conversely, Brooke supplants her total earnings by appearing in endorsements for Sirius XM Radio.
3. They Signed an Endorsement Deal with Candie’s Clothing in 2015
In 2015, Candie’s clothing brand announced their collaborative deal with Fifth Harmony. The group were appointed as spokeswomen of the Kohl’s junior apparel brand, and subsequently appeared in social media promotions, online advertisements, and viral videos that saw them explaining which fashion trends to follow and which they disliked. Watch the video above.
“The line between commerce and social media is blurring fast,” said Unbound Commerce VP Wilson Kerr, “and Kohl’s seems to be hitting a marketing home run by linking the popularity of Fifth Harmony and their in-house brand.”
Kerr’s words proved accurate, as their energetic presence helped boost Kohl’s online presence by 100,000 followers. Fifth Harmony follows in a long tradition of musical stars who’ve sponsored the brand, including Destiny’s Child, Britney Spears, and Kelly Clarkson, while providing Candie’s with a similarly sizable boost in sales.
4. They Have Donated to Several Nonprofit Charities
In addition to their earnings, Fifth Harmony have been vocal in their support for various nonprofit organizations. According to Look at the Stars, the group have raised money for the American Heart Association, the American Stroke Association, and the Ryan Seacrest Foundation. The latter also saw Fifth Harmony visit a children’s hospital in Colorado in 2014, where they sang a capella versions of their songs and talked with fans.
In 2016, the group members were named “official ambassadors” of the Cybersmile Foundation, which is dedicated to combating online abuse and spread encouragement online. “Cybersmile are immensely proud to welcome Fifth Harmony on board as official Cybersmile ambassadors,” wrote Cybersmile CEO Scott Freeman.
“It’s wonderful that the girls will be using their position as role models to encourage internet users to spread positivity to others,” Freeman added, “Their support will enable us to promote positive digital citizenship to more people and look forward to working with them to tackle cyberbullying.”
5. They Signed a Multi-Million Dollar Deal with Sony Records in 2017
While the departure of Camila Cabello left many “harmonizers” shocked, it’s clear that the group has continued to grow their brand. “There’s a stigma attached to a reality show that they have eclipsed,” says industry figure Joe Willis, “That Fifth Harmony has been able to build their fan base, as One Direction did, was a masterstroke by Simon Cowell.”
Earlier this year, Billboard reports that the group signed a multi-album, multi-million dollar extension with Sony Records. As noted by Digital Music News, “That means hundreds of thousands of dollars in upfront cash, to be divided four ways instead of five.” Their first single under the new contract, “Down” has peaked at number 25 on the US Mainstream Top 40 as they approach the release date of their new album.
“They’re in a position to have more creative involvement and really direct where they want their music to go,” an insider tells Billboard, “They’re a huge name on the Epic roster so it makes sense to keep them there and work on another hit album. While, at the same time it benefits the girls to stay as well and really own the direction they’re going in rather than litigate themselves out of a deal.”