What is Shakira's net worth? Pandora Papers reveal singer's alleged secret tax haven

The Pandora Papers allege singer Shakira used accounts in the British Virgin Islands to avoid taxes


                            What is Shakira's net worth? Pandora Papers reveal singer's alleged secret tax haven
The Spanish Government had accused Shakira for reportedly not paying taxes in Spain in 2012, 2013 and 2014 (Matthias Hangst / Getty Images)
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Shakira and Claudia Schiffer are among the popular faces in connection with the Pandora Papers leak -- a leak that brought to the fore how the weathy used offshore companies to accrue money and make transactions. These famous faced linked to the Pandora Papers leak also include Indian cricketer Sachin Tendulkar, associates of Vladimir Putin and as many as 35 world leaders, the International Consortium of Investigative Journalists (ICIJ), a Washington, DC-based network of reporters and media organizations, said in its report. They all reportedly had companies set up in tax havens.

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Besides Shakira and other, the dump of over 11.9 million records also involved 600 journalists from 150 media outlets in 117 countries. It was dubbed as the 'Pandora Papers' as the findings brought to light hidden dealings of the elite. This leak came five years after another leak called the "Panama Papers" came to light, which shed light on how the wealthy hid money in a way that even law enforcement agencies failed to detect.

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Shakira named in Pandora Papers leak 

The Pandora Papers consist of as many as 12 million documents from 14 financial services companies in countries such as the British Virgin Islands, Panama, Belize, Cyprus, the United Arab Emirates, Singapore and Switzerland. The papers revealed that in an attempt to conceal assets, the 44-year-old singer set up offshore entities in the British Virgin Islands. 

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However, the Colombian pop star's lawyers said that she declared the offshore companies and that they did not provide tax advantages. The Spanish Government has already accused the 'Hips Don't Lie' singer for reportedly not paying taxes in Spain in the years 2012, 2013 and 2014.

What is Shakira's net worth?

As of 2021, Shakira's net worth fortune is valued to be $3500 million, according to Celebrity Net Worth. Shakira is one of the most popular Colombian artists in the world, with 70 million album sales globally. Besides being one of the most successful female singers of all time, Shakira is known globally as a songwriter, producer, belly dancer and philanthropist.

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Back in 2018, Shakira listed her Miami mansion for $11.6 million. The massive property on Miami's North Bay Road, spread over 20,726 square foot, has over 100 feet of access to Biscayne Bay. It overlooks the water. The 8,708 square foot house six bedrooms, along with seven and a half bathrooms.

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