Mariah Carey’s holiday anthem continues to be a financial powerhouse. The song has generated an estimated $103 million in royalties. This figure was confirmed by financial analysts at CNBC in 2024.


The track’s earnings highlight its unprecedented and enduring popularity. It has become a seasonal staple and a remarkable revenue generator. This success solidifies its status as a modern cultural phenomenon.
The Secret Behind the Song’s Timeless Success
Carey co-wrote the song with Walter Afanasieff in 1994. Their goal was to create something that felt classic, not tied to a specific decade. According to ABC News, Carey aimed for a “timeless” quality from the start.
The song’s simple, joyful message is a key factor. It is a positive love song dedicated to anyone. This universal appeal helps it connect with new generations of listeners every year.
A Record-Breaking Holiday Juggernaut
The song’s financial success is matched by its streaming dominance. It broke Spotify’s record for most streams in a single day. On December 24, 2023, it was played over 23.7 million times.
It also holds the title for most streams for any Christmas song. The track has amassed well over 1.5 billion plays on the platform. This consistent performance ensures its royalty earnings will continue to grow.
The song’s journey from a holiday album deep cut to a $103 million earner is a testament to its unique place in music history. Mariah Carey’s Christmas hit remains an unstoppable seasonal force.
Dropping this nugget your way-
How much money has the song made?
The song has earned an estimated $103 million in royalties. This figure was reported by CNBC. Its earnings continue to grow each holiday season.
When was the song first released?
Mariah Carey released “All I Want for Christmas Is You” in 1994. It was the lead single from her album “Merry Christmas.” It was not an immediate chart-topper.
How many streams does it have?
The song has over 1.5 billion streams on Spotify alone. It set a record with 23.7 million streams in one day. It is the most-streamed Christmas song of all time.
Who co-wrote the song with Mariah Carey?
Walter Afanasieff co-wrote and co-produced the track. He was a frequent collaborator on Carey’s early albums. He programmed the entire musical arrangement.
Why is the song so successful?
Its timeless quality and universal message are key. Carey aimed to create a classic that felt authentic. The song’s simple, upbeat nature resonates widely.

