Luis Fonsi's $16 Million Net Worth - Owns Mansion Worth $5M in Florida

Luis Alfonso Rodríguez López-Cepero who is professionally known as Luis Fonsi is a Singer, actor, and songwriter. From his multiple careers, Fonsi earned $16 million net worth.

Fonsi is widely recognized by his famous song 'Despacito' featuring Puerto Rican rapper Daddy Yankee. Let's find more about how Luis Fonsi has earned his net worth.

Luis Fonsi's Net Worth

Luis Fonsi has a whopping amount of $16 million net worth from his varied career as Singer, actor, and songwriter. Most of Fonsi's earning is from his songs, tours, and appeared in television series. 

Owns a Mansion Worth $5 million

From his massive net worth, Fonsi has bought a mansion worth $5 million in South Florida. The mansion stands in 8,300 square- foot land that includes seven bedrooms, eight bathrooms, a wine room, outside swimming pool, spa, and other luxuries facilities. The mansion was built in 1992, which has large palm trees in front of the house. 

Collections of Cars

The Despacito singer Luis Fonsi is a big fan of cars as he has an enormous collection of cars. He owns a black Braman Bently in Miami which can cost from $200,000 to $300,000, a blue-colored Lamborghini which price range from $200,000 to $500,000. Fonsi is also a fan of vintage cars while he owns an old Buick car which costs $26,200.

Signed a long-term contract

Fonsi has signed a deal with Universal Music Latin Entertainment (UMLE) and co-management deal with Global Talent Services (GTS). After signing the deal with UMLE in Miami, Fonsi went to Vida World Tour in Spain.

Earning from his song Despacito

Fonsi released a song named 'Despacito' which was released on Jan 12, 2017. Despacito has been able to get 6.5 billion on YouTube from which he has collected $2.7 million. Despacito beat the stream record of the song 'Sorry' by Justine Biber which had 4.38 billion steam.

YouTube Earnings

Fonsi joined YouTube on Feb 25, 2014, and has a total of 11.7 billion views on his YouTube channel. Apart from his prominent song Despacito, his other collaboration with Demi Lovato Échame La Culpa has also 1.6 billion views on his YouTube channel. However, a YouTuber gets paid $3 - $5 from his per 1000 video views. 

Ambassador of Hospital

He has also been involved in many Philanthropy works as he is the ambassador of St. Jude Children's Research Hospital that helps people fight against cancer.  For his work, Fonsi also received a Billboard Latin Music Awards. 

Then in 2017's Hurricane Maria in Puerto Rico, Fonsi was one of the men who was able to raise most funds for the victim. 

Often goes on Vacation 

Fonsi often goes on vacation with his family which includes his wife Águeda López and two children Mikaela López-Cepero and Rocco. The happy family is often seen enjoying their vacation on the yacht and beach.    

Judge of The Voice (La Voz)

In 2020, Luis Fonsi will return as the judge of The Voice (La Voz) with Alejandra Guzmán, Carlos Vives and Wishin. However, Fonsi was already the judge of the show in 2018.

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