Usher invested all his money in his first Las Vegas show, seeing it as an investment in his legacy.

Usher reveals he was the first investor for his successful Las Vegas residency.

May 2nd 2024.

Usher invested all his money in his first Las Vegas show, seeing it as an investment in his legacy.
Usher recently shared some insights into his wildly successful Las Vegas residency, revealing that he was actually the initial investor in the venture. In an interview with Atlanta's V-103, the Grammy award-winning singer opened up about the early stages of his "My Way: The Vegas Residency," which debuted at the Colosseum at Caesars Palace in 2021 and quickly became the talk of Sin City's live show scene.

Reflecting on his decision to invest in the residency one year before its highly-anticipated launch, Usher admitted that he wasn't entirely sure what to expect. However, he was determined to make sure that his audience would receive nothing less than the show of a lifetime. In fact, the "Confessions" singer was willing to put his own money on the line to ensure the success of his legacy.

"I made it clear that I was willing to spend every dollar we had on this project," Usher shared. "I knew that we wouldn't make any money on the first run, but that wasn't my goal. My goal was to create an unforgettable experience for my audience. I wanted to invest in my future, my legacy, and the songs that my fans have been singing for years. They mean so much to me and I wanted to make sure that if I was bringing them to Vegas, it was with complete faith and belief in what we were creating."

And it's safe to say that Usher's faith and belief paid off. His residency ran from 2022 to 2023 and quickly became one of the most in-demand shows on the Las Vegas Strip. In his first run at the Colosseum, he sold out 18 out of 20 shows, raking in a whopping $18.8 million from 84,000 tickets sold. His move to the Park MGM Hotel and Casino was even more successful, earning $95.9 million from 394,000 tickets sold. In total, Usher made a staggering $114.6 million from his residency.

The "My Way" singer closed out his 100-show residency in December 2023, with each show bringing in an average of $1.198 million. This amount is more than any other tour Usher has embarked on to date, proving that his leap of faith and initial investment was a wise decision.

Looking back on the financial success of his Las Vegas residency, Usher has no doubt that he made the right choice by choosing to invest in its initial run. It was a risk, but one that ultimately paid off in the most rewarding way possible.

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