Since returning to the public eye, Demi Lovato’s net worth has only increased, and the total quantity may even surprise you. Continue reading to learn everything we know about the Disney alum’s career and wealth.
With multiple albums, tours, and a new documentary series to her credit, fans may be curious about Demi Lovato’s current net worth. Continue reading to learn everything there is to know about Demi Lovato’s net worth.
Demi Lovato Net Worth
$40 million is the estimated net worth of American actor, vocalist, songwriter, and musician Demi Lovato. Demi Lovato is primarily recognized as a successful solo recording artist who made her start on the Disney Channel.
Demi Lovato Becomes Youngest Judge in X Factor History
In 2012, Lovato joined Britney Spears, Simon Cowell, and L.A. Reid as a judge and mentor for the second season of the American version of the music competition program The X Factor. 2013 marked her return for a second season. According to reports, her salary in the program was as high as $2 million per year.
When she began filming the second season of The X Factor USA, she was 19 years, 9 months, and 5 days old, making her the youngest judge in the global X Factor franchise according to the Guinness World Records.
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Demi Lovato’s Real Estate Style: Modern and Luxurious
Lovato purchased her family a $1.88 million home in the Toluca Lake neighborhood of Los Angeles when she was 16 years old. The 5,086-square-foot Mediterranean-style residence featured six bedrooms, seven bathrooms, wood floors, spacious walkways and stairways, a private third-floor Suite, and a swimming pool with a water slide.
In 2010, Lovato spent $2.25 million on a new home for her family in Sherman Oaks, California.
In September 2016, Lovato purchased a property in the Hollywood Hills neighborhood of Los Angeles for $8.3 million. In September of 2018, she listed the residence for $9.5 million. This residence was essentially Lovato’s worst nightmare. Strong rainstorms threatened to cause the residence to slide down the mountain a few months after moving in.
The fire department temporarily deemed the home uninhabitable after a mudslide swept down the hills and into her driveway. In 2018, she was discovered in this residence following a non-fatal overdose of Oxycodone tainted with lethal fentanyl. Demi ultimately sold the residence in June 2020 for $8.25 million, after several years of unsuccessful attempts.
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