What is Joey Fatone’s Net Worth?
Joey Fatone’s net worth is estimated to be around $10 million, a testament to his versatility and enduring presence in the entertainment industry. Here are some factors that have made Joey Fatone rich:
The *NSYNC Era: A Launchpad to Stardom
Joey Fatone’s journey to fame and fortune began in the late 1990s, when he joined *NSYNC, one of the most successful boy bands of all time. Alongside Justin Timberlake, JC Chasez, Lance Bass, and Chris Kirkpatrick, Fatone helped create a musical phenomenon that sold over 70 million records worldwide. The group’s hits like “Bye Bye Bye,” “It’s Gonna Be Me,” and “Tearin’ Up My Heart” dominated the charts and solidified their place in pop culture history.
During his time with *NSYNC, Joey’s earnings were substantial, stemming from record sales, sold-out tours, and merchandise. This period laid a solid financial foundation for his subsequent endeavors.
Broadway and Acting
Joey Fatone also found success on stage and screen. He made his Broadway debut in “Rent,” playing the role of Mark Cohen, and later starred in “Little Shop of Horrors” and “The Producers.” His theater work showcased his versatility as a performer and opened up new revenue streams.
In addition to Broadway, Fatone appeared in the 2002 romantic comedy “My Big Fat Greek Wedding,” which grossed over $368 million worldwide against a modest $5 million budget.
Television Hosting and Reality TV
Joey’s charisma led him to television hosting. He became the host of “The Singing Bee,” a karaoke-style competition show, and later “Family Feud,” where he filled in for Steve Harvey. His engaging personality made him a natural fit for these roles, adding another income stream to his portfolio.
In 2007, Joey Fatone competed in “Dancing with the Stars,” finishing as the runner-up in Season 4. His participation not only kept him in the public eye but also opened doors to further television opportunities.
Entrepreneurial Ventures
Demonstrating his business acumen, Joey ventured into the food industry. In 2016, he launched “Fat One’s,” a hot dog kiosk located in Orlando, Florida. The venture combined his love for food with his celebrity status, attracting both locals and tourists. Although the physical location eventually closed, Joey expanded the brand by selling products through the Home Shopping Network, showcasing his adaptability in business.
Real Estate Investments
Joey has also made strategic real estate investments. He owned a 12,300-square-foot mansion in Orlando, which he sold for $3.3 million in 2011. This sale not only provided a significant return but also demonstrated his savvy in property dealings.
Personal Life and Financial Management
Joey Fatone’s personal life has seen its share of ups and downs. He married his high school sweetheart, Kelly Baldwin, in 2004, and they have two daughters together. In 2019, the couple divorced, with Joey agreeing to pay $8,000 per month in spousal and child support. Despite this financial obligation, his diversified income sources have allowed him to maintain financial stability.
