Demi Lovato’s Net Worth
Demi Lovato is a 40 million-dollar-rich American actor, singer, songwriter, and musician. Demi Lovato is best known as a successful solo artist who got her start on the Disney Channel.
Demi Lovato Childhood
Demetria Devonne Lovato was born in Albuquerque, New Mexico, on August 20, 1992. She was reared in Dallas, Texas, after her parents split in 1994, just after her second birthday.
She demonstrated an early interest in music and acting, beginning with the piano at the age of seven and the guitar at ten. In 2002, she made her television debut as Angela on the children’s television series Barney & Friends.
Demi Lovato Success in Acting
Lovato made her Disney Channel debut in the 2007–2008 short series As the Bell Rings. In 2007, she auditioned for two Disney Channel projects, the film Camp Rock and the television series Sonny with a Chance, and was cast.
Camp Rock premiered on the Disney Channel on June 20, 2008, to an estimated audience of $8.9 million. Sonny With a Chance premiered on the Disney Channel on February 8, 2009, and ran for two seasons until January 2, 2011.
She also starred opposite fellow Disney star Selena Gomez in the Disney Channel film Princess Protection Program (June 2009) and reprised her role as Mitchie Torres in Camp Rock 2: The Final Jam (2010).
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Solo Music Career
Lovato’s debut single, “This Is Me,” was featured on the Camp Rock soundtrack and reached the US Billboard Hot 100 at number nine. She signed with Hollywood Records in the summer of 2008.
Don’t Forget; her self-titled first studio album was released in September 2008 to largely good critical reception. Her second album, Here We Go Again (2009), debuted at the top of the Billboard 200. Among Lovato’s later albums are Unbroken (2011), Demi (2013), Confident (2015), and Tell Me You Love Me (2016).
Lovato co-founded the record company Safehouse Records with singer Nick Jonas and their common manager, Phil McIntyre. The label was founded in 2015 and debuted with Lovato’s fifth studio album, Confident. Lovato joined with new management, Scooter Braun, in May 2019.
Following a sabbatical following her 2018 overdose, Lovato returned in January 2020 with her comeback track “Anyone,” which she performed at the 62nd Annual Grammy Awards.
Additionally, this was her first musical engagement following her absence. Lovato has five headline tour dates scheduled until March 2020. In 2016, she co-headlined a tour with Nick Jonas called the Future Now Tour.
Additionally, she has played at several festivals and other live events; for example, she performed “The Star-Spangled Banner” during Super Bowl LIV on February 2, 2020. Her tours have amassed millions of dollars in revenue.
To date, her most successful tour, the 2017 Tell Me You Love Me World Tour garnered slightly more than $21.4 million.
Additionally, she has been recognized with several prizes, including five People’s Choice Awards, an MTV Video Music Award, and a Billboard Women in Music Award. Additionally, she has been nominated for two Grammy Awards, four Billboard Music Awards, and three Brit Awards.
Lovato joined the American edition of The X Factor’s second season as a judge and coach in 2012, with fellow judges Britney Spears, Simon Cowell, and L.A. Reid. In 2013, she returned for the second season.
During her tenure on the show, her compensation was reportedly as high as $2 million per year.
She was 19 years, 9 months, and 5 days old when she began shooting The X Factor USA’s second season, earning her the Guinness World Record holder for the youngest judge in the X Factor global franchise.
Demi Lovato’s Private Life
Lovato has dealt with her share of personal difficulties. She was treated for bulimia and self-abuse at the Timberline Knolls Facility in Illinois. While she was receiving therapy, it was determined that she also had a bipolar illness.
Lovato decided to seek professional treatment after hitting Alex Welch (a backup vocalist for the Jonas Brothers).
She remained clean for several years until July 2018, when she overdosed on narcotics and re-entered a rehab center. After the overdose, she spent ten days in Cedars-Sinai Medical Center and then went directly to rehab.
From 2008 through 2010, she dated various high-profile celebrities, including fellow Disney Channel star Joe Jonas. She was in a long-term relationship with actor Wilmer Valderrama from 2010 until 2016 and afterward dated professional mixed martial artist Luke Rockhold for a few months in 2016.
MMA fighter Guilherme “Bomba” Vasconcelos, fashion designer Henri Alexander Levy, and model Austin Wilson are among those she has dated.
Residential Real Estate
When she was sixteen, Lovato purchased a $1.88 million house in Los Angeles’ Toluca Lake neighborhood. Lovato spent $2.25 million on a new family compound in Sherman Oaks, California, two years later, in 2010.
Lovato spent $8.3 million on a home in Los Angeles’ Hollywood Hills neighborhood in September 2016. She listed the home for $9.5 million in September 2018. This residence was a living nightmare for Lovato.
A few months after moving in, severe rainstorms threatened to topple the home. A mudslide poured down the slopes above her driveway, prompting the fire brigade to declare the house temporarily uninhabitable.
In 2018, she was discovered in this residence following a non-fatal overdose of Oxycodone laced with lethal fentanyl. For several years, Demi attempted to sell the home before ultimately selling it in June 2020 for $8.25 million.
Demi spent $7 million in September 2020 for a freshly constructed house in Studio City, California.