Nelly Furtado has announced that she will be taking a break from performing live.The “Maneater” singer took to Instagram on Friday to disclose to her fans that she will be taking a hiatus from performing for the foreseeable future. In the lengthy note, which also looked back on her 25 years in the industry, she said that she's happy about how far she's come, but she wants to now pursue "other creative and personal endeavors that I feel would better suit this next phase of my life."Fans have since begun wondering about the songstress' net worth, which, according to Celebrity Net Worth, clocks in at $40 million. The Canadian singer, songwriter, and actress made her debut at the age of 20.In the years since then, Nelly Furtado has sold millions of records and nabbed several awards, including a Grammy Award, a Latin Grammy Award, a BRIT Award, and a "Billboard" Music Award, among others.Read Nelly Furtado's heartfelt post to her fans below: View this post on Instagram Instagram PostIn her post on Instagram, Nelly Furtado penned:"25 years ago today my first album Whoa, Nelly! was released. In the first slide I am 20 years old, about to play my first show as a professional artist at Lilith Fair . I went down to a store called “Original” on Queen West in Toronto and shopped for that pink dress and some sparkly platform shoes to perform in . It was so meaningful and my artist self felt so actualized. 25 years later., my music has reached a whole new generation of fans and I couldn’t be happier about that."She went on,"In the year 2000 I remember feeling purpose in hoping some kid would dust off the Whoa, Nelly ! vinyl one day in a record shop and think it was cool or inspiring , so I never could have guessed that there would be so many new ways to discover “old” music in 2025! To have so many people rediscovering my music has been surreal and joyful . It’s been so fun embracing this opportunity , getting out on stages again and seeing up close , the true lasting power of good music . It’s made me really believe in magic. All this aside , I have decided to step away from performance for the foreseeable future and pursue some other creative and personal endeavours that I feel would better suit this next phase of my life. I have enjoyed my career immensely , and I still love writing music as I have always seen it as a hobby I was lucky enough to make into a career . I’ll identify as a songwriter forever."Saying that she's grateful for the years of fun, community, and wonder she's had, Nelly Furtado also gave a shout-out to all her fans, listeners, and everyone who has ever been to any of her performances."I love you and your open hearts," she penned. "I deeply thank all of those who have worked so hard to help me make my pop dreams come true on a creative and organizational level . I thank all my brilliant collaborators and loyal champions . I also wish , to the new generation of artists , many years of fruitful and passionate performance."She concluded with a vote of thanks to her fans and signed off with her name. Nelly Furtado also paired her post with a throwback photo of herself at the age of 20, and another video of her performing live in Berlin this summer, “finally understanding what receiving flowers means” as the crowd chanted her name.Nelly Furtado dropped he first album in seven years, 7, just last September 2024. She recorded the project with her daughter, Nevis Gahunia, 22. Around that time, she spoke to People Magazine about the love she had for her younger fans, noting how “the Gen Z’s singing all the words blew my brain” when she performed in Australia."I went, 'Whoa, this is real. This is not just a fun app. This is my music reconnecting. This is a big deal,' " she said.Stay tuned to Soap Central for more.