Carey, 55, earned an incredible $60 million in royalties when the song was first released, Forbes reported, and she now rakes in an estimated $2.5 million to $3 million annually for the hit, which is featured on Merry Christmas, her fourth studio album.

In an interview with The New York Times, Mariah Carey opened up about nearly missing out on becoming the Queen of Christmas 30 years ago.

The undisputed Queen of Christmas talks to Oliver Keens about breaking barriers in music, overcoming her insecurities and why she’ll always believe in Santa