Addison Rae Net Worth 2024

Addison Rae Net Worth 2024

Addison Rae is a TikTok star, actress, podcast host, and more. She grew her audience to over 88 million, and she has made a name for herself by taking her career beyond the app.

Rae’s popularity allowed her to drop out of college and focus on her social media career. She has also starred in a movie, signed a multi-picture deal with Netflix, and launched her own cosmetics line.

Addison Rae rose Profile Summary

CategoryDetails
Net Worth$25 Million
BirthdateOct 6, 2000 (24 years old)
BirthplaceLafayette, Louisiana, U.S.
GenderFemale
ProfessionSocial media personality, Singer, Songwriter, Actress
Notable AchievementsFifth most-followed individual on TikTok with over 88 million followers
Music Career HighlightsSigned with Sandlot Records, released debut single “Obsessed” (2021), debut EP “AR” (2023), collaborated with Charli XCX on “Von Dutch” remix (2024), “Diet Pepsi” peaked at #70 on Billboard Hot 100
Addison Rae rose

Early Life and Career Beginnings

Addison Rae rose to fame on TikTok, amassing a massive following with her dance videos and securing a top spot alongside popular influencers like Charli D’Amelio and Khaby Lame. She parlayed her popularity into a music career, releasing her debut single “Obsessed” and a full-length album, AR. She also made her acting debut in the Netflix film He’s All That, earning a low six-figure salary plus residuals. She boosted her wealth by launching a cosmetic line, ITEM Beauty (with which she serves as Chief Innovation Officer), and by striking a series of high-profile brand endorsement deals.

Her philanthropic endeavors and participation in charity livestreams have showcased her dedication to giving back to her community, particularly in the form of mental health awareness. Her openness about her personal life has further endeared her to her fans.

Rise to Fame

Addison Rae rose to prominence in the social media community thanks to her dancing videos on the video-sharing app TikTok. Her engaging dance moves, popular trends, and relatable content captivated audiences and gained her millions of followers across the platform.

In addition to her social media endeavors, Rae began pursuing other business ventures and acting projects in 2022. The teen star co-hosts the popular podcast That Was Fun? With Addison and Sheri along with her mother and also launched a cosmetics brand called Item Beauty. She serves as the company’s Chief Innovation Officer.

Rae’s acting career also blossomed with a role in Miramax’s gender-swapped remake of She’s All That, alongside Tanner Buchanan, Madison Pettis, and Rachel Leigh Cook. She has also starred in a few other movies and music videos.

With the help of her philanthropic efforts and business deals, the 20-year-old entrepreneur has managed to solidify herself as one of the richest influencers ever made famous by their content on social media platforms. Her success is an inspiration to many young individuals who wish to make a name for themselves in the entertainment industry through hard work and determination.

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Earnings from Social Media and Influencer Partners

Addison Rae began her career sharing dance videos on TikTok in 2019. She was able to build a large following and earn substantial revenue through YouTube ads, sponsored posts, and brand partnerships.

Rae’s popularity and influence prompted her to expand into other platforms, such as Instagram and YouTube. Her podcast Mama Knows Best, which she co-hosts with her mother Sheri Easterling, gained a large audience on Spotify and helped bolster her earnings. She also landed a role in the Netflix movie He’s All That, which earned her a low six-figure salary and additional residuals.

Outside of these business ventures, Rae also partnered with major brands to promote their products and services. She is the face of SKIMS, Kim Kardashian’s shapewear brand, and she has a clothing line with the retailer, ITEM Beauty. The star’s effervescent personality and beauty swagger make her an attractive partner for advertisers looking to reach Gen Z audiences. Adding to her burgeoning wealth, Rae owns a home in Los Angeles’ Tarzana neighborhood and boasts an impressive car collection that includes a Mercedes-Benz G-63 worth $348,000 and a Jeep Wrangler Sport with distinctive emoji patterns for $23,000.

Acting Career and Projects

Addison Rae has been working hard on her acting career. The 20-year-old dancer/influencer made her film debut in August 2021 with the Netflix movie He’s All That, a remake of the 1999 teen rom-com. She received a low six-figure salary for the role and also earns residuals.

In addition to starring in films, Addison has branched out into music and television. In March 2021, she released her debut single, “Obsessed,” which peaked at number four on New Zealand’s Hot Singles chart. The following month, she signed a recording contract with Universal Records.

Aside from her music and acting projects, Addison has also been working on her branded content empire. The influencer has landed plenty of sponsorship deals with companies like Fashion Nova, Vital Proteins, and IPSY. She also has a major merch business going with her line of cosmetics, Item Beauty. She’s a busy bee, so it’s no wonder her net worth is growing exponentially. As for her personal life, the young star is rumored to have a boyfriend and recently moved into a lavish mansion in Tarzana, CA.

Business Ventures and Merchandise

Addison Rae is not just a social media personality and actress; she’s also an entrepreneur. The young star has launched several successful business ventures and is also involved in philanthropy. Her Louisiana roots, competitive dance background, and family support have all helped her rise to fame.

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With a massive TikTok following (she currently has over 80 million followers), she’s able to earn big bucks from sponsored content, appearances, and merchandise sales. She’s also worked on a number of brand endorsement deals with companies like American Eagle, Reebok, Hollister, and L’Oreal.

Moreover, she’s also made her debut in the music industry with a single called “Obsessed,” and signed a deal with Columbia Records. She also has a podcast with her mother, a cosmetics line, and a clothing brand.

Recently, she also took part in an all-star Mario Tennis Aces video game tournament, winning a whopping $1 million. Addison’s wealth and popularity have given her the opportunity to buy a new home. The star dropped more than $3 million on a six-bedroom, 7.5-bathroom mansion in Los Angeles.

Brand Endorsements and Collaborations

Addison Rae’s bank account is not padded only by her social media earnings, but she also garners a significant chunk of her revenue through brand endorsements and collaborations. She has made partnerships with brands like Reebok, American Eagle, Hollister, and L’Oreal, which has boosted her income significantly. Her sashaying appearance in He’s All That secured her a six-figure salary and she signed a multi-picture deal with Netflix in 2021. She also modeled for Kim Kardashian’s shapewear line SKIMS and launched her own beauty line ITEM Beauty, making her even more financially robust.

The sassy southern belle was a college student pursuing a degree in sports broadcasting at Louisiana State University, until her spur-of-the-moment dance routines caught the attention of TikTok users. She became a major online influencer, dropping out of school to focus on her budding entertainment career. In just a few years, her stardom has skyrocketed to the point that she is one of the highest-paid TikTok personalities. She has also sung and released a music album, starred in a TV show, authored her own book, has a clean makeup and skincare line, and owns her own fragrance brand.

Philanthropy and Community Involvement

Addison Rae is a true social media superstar who has expanded beyond dance videos to embrace a variety of other entertainment ventures. She has launched successful business ventures and acted in several movies. Her philanthropic activities are also a significant part of her legacy.

The TikTok star’s philanthropic efforts have included a virtual tennis tournament that she hosted in 2020 where she partnered with professional player Taylor Fritz. She donated her $1 million prize to a charity called No Kid Hungry.

In addition to her acting career, she has a weekly podcast with her mother called “Mama Knows Best” that delves into topics related to their personal and professional lives. She has also established a cosmetics brand called Item Beauty in partnership with Madeby Collective where she serves as their Chief Innovation Officer overseeing most products within the company.

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Despite her success, Addison remains humble and has maintained a down-to-earth persona that appeals to her fans. In fact, she is known for being a positive role model and encouraging other content creators to be the same. The young influencer also values family and is very close to her parents. In her spare time, she enjoys going shopping and spending quality time with her friends.

Personal Life

Addison Rae is a social media celebrity, dancer, actress, and singer. She rose to fame in 2019 after her dancing videos on the video-sharing app TikTok garnered a lot of attention. Over the course of just a few years, she has diversified her portfolio by starring in movies and making appearances on TV shows.

Besides her acting career, she has also ventured into music and launched her own cosmetics brand. She also hosts a weekly podcast with her mother called Mama Knows Best. In 2021, she released her debut single, “Obsessed.”

She is a highly sought-after influencer who has partnered with top-tier brands like Reebok, Hollister, and American Eagle. Her social media earnings alone are in the five-figure range.

Apart from her impressive earning potential, the TikTok star has several investments to her name, including real estate in Los Angeles and a flashy car collection. She owns a Mercedes-AMG G-63, a luxury all-wheel-drive SUV worth $156,000 that is the epitome of performance and comfort. In addition, she has a Jeep Wrangler Sport that is perfect for off-road driving. Learn more about Bob Saget’s net worth here.

Conclusion

Addison Rae has emerged as a prominent figure in the entertainment industry, leveraging her massive TikTok following to expand into various ventures, including acting, music, and business. Her impressive net worth in 2024 reflects her multifaceted career and ability to connect with audiences across platforms. From her debut in Netflix films to launching ITEM Beauty and co-hosting a successful podcast, Rae has proven that hard work, creativity, and strategic business decisions can lead to significant financial success. Furthermore, her philanthropic efforts demonstrate her commitment to giving back to the community, reinforcing her status as a role model for aspiring influencers and entertainers.

FAQs

What is Addison Rae’s net worth in 2024?

As of 2024, Addison Rae’s net worth is estimated to be around $15 million, thanks to her diverse income streams from social media, acting, and business ventures.

How did Addison Rae become famous?

Addison Rae rose to fame through her engaging dance videos on TikTok, where she gained millions of followers and became one of the platform’s most recognizable influencers.

What are Addison Rae’s business ventures?

In addition to her social media presence, Addison Rae has launched her cosmetics line, ITEM Beauty, co-hosts a podcast with her mother, and has made various brand endorsements with companies like Reebok and SKIMS.

Has Addison Rae appeared in any movies?

Yes, Addison Rae made her acting debut in the Netflix film “He’s All That,” a gender-swapped remake of the classic teen movie. She has signed a multi-picture deal with Netflix for future projects.

What philanthropic efforts is Addison Rae involved in?

Addison Rae actively supports various charitable causes, including mental health awareness and food security initiatives. She hosted a virtual tennis tournament where she donated her $1 million prize to No Kid Hungry.

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