Donnie Wahlberg Still Has $38 Million after Divorce Settlement

He may not be as rich as his brother Mark, but Donnie Wahlberg has a net worth of $38 million, which is still huge. As of 2024, Donnie earns a $175,000 salary per episode through his television shows such as Blue Bloods, reports Forbes.

Donnie, along with his brothers Mark and Paul, co-created and starred in this reality TV series, which followed their family-owned restaurant chain. Donnie owns an 8% stake in the company, and his equity is now valued at $15.5 million.

Divorce Settlement

Donnie was married to recording artist Kim Fey from 1999 to 2008, and the couple had two children together. Later his ex-wife filed a lawsuit against him.

She was seeking child support and Alimony. He ended up paying a lump sum of $2 million and also agreed to pay $150,000 in annual alimony.

Donnie Wahlberg Net Worth 2024 (Forbes)

Net Worth$38 Million
Salary$175,000 per episode
Business Profits$3 Million
Annual Income$4.9 Million
Bank Balance$1.5 Million
Inheritance$100,000

Investments and Losses

Donnie Wahlberg tried investing in stocks but lost half his money, over $1.6 million in three years. He quit the stock market and started flipping houses instead. In the last two years, he’s sold over eight homes and made $4.9 million in profit.

House

In June of 2023, Donnie Wahlberg acquired a lavish 5-bedroom apartment in Los Angeles, utilizing a Wells Fargo bank mortgage.

The property’s cost was $6.90 million, and Donnie further invested $1 million to incorporate a bowling alley, a gaming room, and a home theater into the residence.

Real Estate Assets

Donnie Wahlberg’s net worth consists of many real estate properties, valued at $20 million. He earns a lot of rental income from these.

  1. $6 million mansion in Los Angeles, purchased in 2021, generating annual rental income of $180,000.
  2. $4 million home in Boston, bought in 2019, currently rented out with annual income of $150,000.
  3. $3 million property in Lake Tahoe, acquired in 2020.
  4. $2.5 million ranch in Nashville, Tennessee, purchased in 2022.
  5. $2 million condo in Miami, bought in 2021, generating annual rental income of $120,000.
  6. $1.5 million suburban home in Chicago, acquired in 2022.
  7. $1 million beach house in Charleston, South Carolina, purchased in 2020.