Luis Fonsi: The Singer’s Net Worth

Luis Fonsi

How rich is Luis Fonsi?

If you have to think about Luis Fonsi’s name, whether the name is known, you only need to think of a word from a song: Despacito. At least now, it is clear that it is the Puerto Rican pop singer who landed a world summer hit with Despacito in 2017. Despite a duet with Christina Aguilera and a concert with Pope John Paul II, Luis Fonsi was considered an insider tip in Latino pop. With Despacito, however, he managed a global hit that broke records in the series. Luis Fonsi’s estimated net worth is 15 million euros.

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A childhood dream: Singer in a Latino boy band

Luis Alfonso’s real family name is Rodriguez Lopez-Cepero, so it’s understandable why he chose Luis Fonsi’s name for the stage. The family moved to Florida from San Juan, Puerto Rico when he was a young boy. Musically, he always remained true to his Latin roots. When he was ten, his goal was to join the famous Latin American boy band Menudo. Nevertheless, he initially decided to study music at Florida State University, which also helped him get his first record deal.

Constant path to success – in Spanish

The first album, Commenzare, hit Latin America directly in 1998, as did the follow-up album Eterno in 2000. While Luis Fonsi was still largely unknown in Europe, Christina Aguilera caught the heartthrob for a duet on her Spanish-language album Mi reflejo. Interestingly, however, its popularity was enough to hold a millennium concert for Pope John Paul II. However, at first, he couldn’t score with songs in English. His 2002 album Fight the Feeling was rather a flop in the USA.

Luis Fonsi switched back to his mother tongue and was nominated for the Latin Grammy Awards in 2005 with Paso a Paso. With the follow-up album Palabras del Silencio, he placed himself in the Billboard Top 100 and inspired Barack Obama. In 2009 he sang at the Obama Nobel Peace Prize ceremony in Oslo.

The global summer hit – Despacito

In 2017, the good mood dance song Despacito was created in collaboration with reggaeton rapper Daddy Yankee. Even before the studio album VIDA was released, on which Despacito also featured a duet with Demi Lovato ( Echame la Culpa ), Luis Fonsi broke several records (seven of which are entered in the Guinness Book). Fonsi also sang the hit together with Helene Fischer at one of her shows. The video for the summer hit dwarfed everything that had come before: Despacito received billions of clicks and was the most-viewed video on YouTube from 2017 to 2020. The remix version with Justin Bieber, which was quickly produced afterward, became a long-running hit that stayed at number 1 on the US charts for weeks.

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Luis Fonsi luxury home in Florida

With this success, the singer also indulges in a little luxury privately. So he added a special property to his fortune. In 2018 he bought a luxury villa in Coral Gables in the US state of Florida for the equivalent of 4.6 million euros. The domicile has 771 square meters, seven bedrooms, and eight bathrooms. Luis Fonsi also has two offices and a wine cellar at his disposal. In the garden, a large spa area with pool and massage jets invites you to relax, and if you fancy a little excursion, your yacht anchors right in front of the property. The singer is married to model Agueda Lopez for the second time and has two children, Mikaela and Rocco.

Bismarck Lepe

Bismarck Lepe

Bismarck Lepe is CEO and founder of Wizeline, a product intelligence company that helps businesses drive the development of products. Prior to Wizeline, Lepe was a co-founder and founding CEO of Ooyala, a video technology platform company. At Ooyala, he raised $20 million in funding and led the strategy that drove its early growth and success. Previously, he was an early employee at Google, responsible for Ads Quality products and Video Advertising, which contributed over $1 billion in revenue.

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