Janet Jackson is an American singer with a net worth of $150 million. Born in Gary, Indiana, the youngest of the nine Jackson children, Janet moved with her family to a mansion in Encino, California at the age of four. She performed with the Jackson Five on an occasional basis, and began her solo career at the age of sixteen, with her debut album Janet Jackson. In 1991, Jackson began to distance herself from her family's music empire, signing a contract valued at between $32 – $50 million with Virgin Records and thereby taking on the title of the highest-paid female artist in contemporary music. Her first album with Virgin, janet., debuted at number one on the Billboard charts and included five number-one singles, including the Grammy-winning single "That's the Way Love Goes."
Her next two albums, The Velvet Rope and All For You, also debuted at the top of the charts and sold a combined total of sixteen million copies worldwide; she remains an important pop artist with a long legacy. In 2004, Jackson became the most-searched news story in Internet history (as reported by the 2007 Guinness Book of World Records) when, during the Super Bowl halftime show, Justin Timberlake tore her shirt open, exposing one breast; Jackson called the moment an accident and refused to apologize to CBS. Jackson has also appeared in several films—she got her start in 1993′s Poetic Justice and returned to the big screen in The Nutty Professor II: The Klumps and Why Did I Get Married?, all three of which opened first at the box office. Forbes Magazine ranked Jackson the seventh-richest woman in the entertainment business.