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via Getty

via Getty

Shakira has been part of the music universe since just the age of 13. She released ‘Magia’, her first ever music album in 1990, and the rest is history. Since then, the Colombian singer has dipped her toes into multiple genres and styles of music.

Over the years, the Grammy Award winner has garnered an extremely diversified fanbase from all across the globe. Year after year, she has made millions on her record-breaking albums. That also proves that the singer was never short of money.

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Back in 2011, the Colombian singer reportedly purchased an island in the Bahamas along with a popular rock band.

Why did Shakira purchase an island worth $16 million in the Bahamas?

Currently, Shakira has a net worth of over $300 million. After initially reaching the peak of her career, the Latin American singer has never been short of money. Most of the fans are aware of her gigantic mansion in Miami. However, very few people know about her major investment in the Bahamas. The singer grouped up with Pink Floyd’s Roger Waters to make the purchase happen.

As per NZ Herald, the Waka–Waka singer purchased Bonds Cay for $16 million. Bonds Cay is located in the north of the Bahamas. Shakira and Roger Waters wanted to ‘reinvent the concept of tourism’. They wanted to build numerous hotels in the area that would sell as prime seaside properties. Along with having three bays, the island also has five beaches.

Eventually, the island could have also become a getaway spot for music artists. But nothing really materialized after Shakira’s ex-boyfriend, Antonio de la Rua, sued her for $100 million. Even though the court dismissed the lawsuit in 2013, the Waka–Waka singer has never commented on the island. Bonds Cay has reportedly been up for sale all these years.

READ MORE: Shakira’s Real Estate Empire Showcases Her Smart Business Acumen From Day One

Apart from the secret island in the Bahamas, Shakira also owns several other properties around the world. Some of them are owned solely by Shakira and some are jointly owned by her and Gerard Pique.

What are Shakira’s other investments in properties?

The Latin America singer purchased her first-ever mansion back in 2001. The mansion was on Florida’s La Gorce island. She reportedly paid $1.1 million for the same. She sold the 2700 square feet property in 2005 for $1.5 million. Apart from that, Shakira owns her Barcelona residence, along with her ex-boyfriend, Gerard Pique. The former celebrity couple bought the 1500 square feet property for $5.9 million.

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However, both are reportedly looking to sell the house after Shakira moves out. Finally, Shakira’s gigantic beach house in Miami. The 46-year-old bought the residence for around $3 million in 2001. The same property is now reportedly over $13 million. This is most likely going to be the house that Shakira will move into with her kids in the near future.

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What do you think about Shakira’s hidden business mind? Let us know in the comments below.