An island, hotels, restaurants: these are all Nicky Jam’s businesses and the impressive wealth with which he retired from music at the age of 42 to try his hand at cinema

Nicky Jam, whose real name is Nick Rivera Caminero, announced on October 17 that he was retiring from the stage to focus on his other passion: cinema.

“My people, I’m leaving soon. But this is my legacy: motivation and progress… see you soon on my last global tour and my last album. I love you,” the singer said in a post on Instagram.

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Throughout his successful career in the music industry, the 42-year-old urban artist – born March 17, 1981 – has reaped major successes as well as juicy financial dividends that have led him to a net worth of $25 million, according to a website specializing in celebrity finances. , celebrity net worth.

What jobs does Nicky Jam have?

In addition to his music career, Nicky Jam has successfully entered the business world with jobs in various fields.

According to Billboard, the artist opened his own restaurant in Miami called “La Industria Bakery & Cafe”. In 2022, it was known to have other branches in Orlando, Florida, Puerto Rico and Medellín. In addition, nightclubs and hotels in the United States and Colombia are among his plans.

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In addition, Nicky also owns a recording studio in Medellín called La Industria Inc, where renowned artists such as Manuel Turizo and ChocQuibTown, among others, have recorded, according to RCN.

Real estate is also part of the artist’s financial projects. As reported by the aforementioned portal, the singer is the owner of an apartment building in Chicago, from which she earns $35,000 a month in rent.

For the American artist of Latin origin, Colombia has a special place in his life, and in that country he has acquired luxurious properties, including an island for which he has big plans.

“We bought an island in Guatapé, we are building a resort, a hotel. We bought it before covid-19 and it cost us about 8.7 million (dollars). These are family cabins. We have also bought a large piece of land on an island in Cartagena called ‘Tierra Bomba’ and we are also building a hotel there,” he admitted in an interview with ‘Molusco TV’, which was reviewed by RCN.

In the same interview, Nicky revealed that he carried out these works in cooperation with other investors, since some properties required larger investments.

Nicky Jam houses

In Miami, where he lives, the artist has invested in real estate several times. According to Celebrity Net Worth, he bought and sold luxury properties, such as a house he bought for $1.7 million and sold for $2 million.

He also bought a house on Palm Island for $3.4 million and put it up for sale for $3.3 million, although he didn’t make much of a profit on this transaction as the website mentions that he ended up accepting $3.1 million for the property.

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In 2021, he made his biggest investment in this city by buying an apartment in the center of Miami for six million dollars.

The urban artist diversified his income and successfully tried his hand in the business world, with jobs in gastronomy, music and the real estate industry. His net worth and investments show his keen eye for business. (AND)