For Carey, the song is the gift that keeps on giving—in 2022, it brought in about $8.5 million in global revenue and publishing royalties, according to Billboard. The singer took home an estimated $1.86 million in royalties from it last year, Billboard estimates. She earns an estimated average of $2.5 million in royalties every year from the 1994 song, according to a 2016 study by The Economist.

The song could exceed $100 million in total earnings in 2023, according to a report by Associated Press.

"All I Want for Christmas Is You" hit 1 billion streams on Spotify in December 2021, and has been No. 1 on Billboard's Hot 100 list for the past four years in a row.

Carey has made millions of dollars over the years, thanks to her successful music career, tours, and endorsements. Carey has an estimated net worth of $350 million, according to Celebrity Net Worth. Here's how Mariah made her millions.

Music Career

Carey is among the best-selling female artists of all time, with more than 200 million albums sold over her career, and 19 Billboard Hot 100 No. 1 singles. The singer is 10th in the world on Spotify today, with about 73.4 million monthly listeners.

"All I Want For Christmas Is You" set three Guinness World Records in 2019, among which was the title for the most-streamed track on Spotify in 24 hours by a female artist. It was streamed more than 10.8 million times in one day in December 2018. She beat the record again in 2022 with 21.3 million streamed listens.

Carey earned $30 million for a two-year residency at Caesar's Palace in Las Vegas, from 2015 to 2017. In 2012, she also reportedly earned $18 million as a judge on one season of "American Idol," and was the highest-paid judge on a music competition show at the time, according to Us Weekly.

Endorsements

Carey also has made millions from lucrative endorsements with major brands. In November 2019, the superstar singer reportedly got paid $11 million by PepsiCo for starring in a Christmas. In 2022, Carey launched two fine jewelry collections in collaboration with jewelry company Chopard.

Among her many talents, Carey is an author, too. The singer released her memoir, "The Meaning of Mariah Carey" in September 2020, and the book became No. 1 on The New York Times Best Seller list a month later. Carey also has two children's books, All I Want For Christmas Is You and The Christmas Princess.