Demi Lovato is an American musician, singer, songwriter, and actress. Her net worth in 2020 is estimated at a total of $40 million. She is one of the most popular stars from Disney Channel, where she debuted, but besides this, her fortune comes from several sources, too.
Learn everything about the net worth of Demi Lovato and her lifestyle here!
|Net Worth:||$40 million|
|Birth Date:||August 20, 1992|
|Birthplace:||Albuquerque, New Mexico, USA|
|Last Updated:||May 2020|
Most of Demi Lovato’s net worth comes from album sales and touring. Some estimate that a Demi Lovato tour can end up costing up to $20 million. Still, she has plenty of endorsement contracts with essential brands. Some of the partnerships that contribute to her revenue are Ember, CORE Hydration, and Fabletics. Also, Lovato gained additional income from the book she released in 2013. The `Staying Strong: 365 days a year` was an immediate success, added on the New York Times best-seller list. And, of course, her yearly salary was completed by the partnership as a judge in the tv talent show X Factor. Some say that she earned around $2 million per year due to the appearance in this show.
When it comes to real estate assets, Demi Lovato owns a Mediterranean-style house in Los Angeles, along with a Laurel Canyon home both with an estimated price of at least $8.3 million. The total net worth of Demi Lovato in 2020 is estimated to be around $40 million.
Demi Lovato was born under the name Demetria Devonne Lovato, back in August 1992. She is an American personality who stands out as an activist, author, tv star, actress, singer, and songwriter. She started learning the guitar and piano at the age of ten. And she managed to get her first role on a tv series for children, Barney, and Friends.
Her personal life and relationships are somewhat volatile. She had an open relationship between 2007 and 2010 with Joe Jonas. But after they decided to end it, she dated Wilmer Valderrama until 2016. As of 2020, she is dating actor Max Ehrich. Demi Lovato is also an activist for human rights and LGBT groups.
Demi Lovato has struggled a lot with an eating disorder and depression, as she was bullied continuously until the age of 18. A press release from 2017 shocked the public with this. She honestly admitted that she had a hard time overcoming alcoholism and cocaine addiction, which is why she joined a sober-living facility.
Demi Lovato was firstly known as the actress for Disney Channel. And this was only the start of her success as an actress. She can be seen in Camp Rock 2, Sonny with a Chance or Princess Protection Program. But her astounding net worth started with her solo music career. Her debut album, `Don’t Forget` was released in 2008, and the public quite welcomed it. This made room for several other records that made her stand out as an interesting actress and singer. She received several awards, including five People`s Choice Awards and an MTV Video Music Award.
The participation in the X-Factor show added a lot in terms of revenue and popularity, allowing Lovato to receive at least $2 million per year only from the tv show. And besides this, she received a Guinness World Record award, as being the youngest judge in the X Factor global franchise.