Valerie Bertinelli is a Hollywood celebrity and former television star who is best known for her lead role in the classic sitcom One Day at a Time. She has been working in show business since she was just 13 years old, appearing on several popular shows before finally becoming a household name when she starred as one of the main characters in the hit series. Her life away from the small screen has also been filled with ups and downs, from her marriage to rock legend Eddie Van Halen to her divorce from him after more than 20 years together. In this post we will take a look at Valerie Bertinelli’s net worth and try to get an estimate of how much money she currently holds.
Introduction to Valerie Bertinelli and Her Career
Valerie Bertinelli began her career in Hollywood at age 13 when she appeared on an episode of Apple’s Way in 1974. From there, she went on to appear in episodes of One Day at a Time and Starsky & Hutch. But it was her breakout role in the TV Land sitcom One Day at a Time that really catapulted her into stardom. For nine seasons, she played the character Barbara Cooper Royer, making her one of the most recognizable faces on television during the ‘80s and early ‘90s. During that time, she also made guest appearances on various other shows such as Silver Spoons, The Love Boat, Webster, Who’s The Boss?, Mama’s Family, Touched by an Angel, Hope & Faith and Hot in Cleveland.
Marriage to Eddie Van Halen and Life After Divorce
In 1981, Valerie married rock musician Eddie Van Halen and the two stayed together for over twenty years until their divorce in 2007. They had one son named Wolfgang. Following the split, Valerie briefly dated actor Tom Vitale before moving on with financial planner Tom McDermott in 2010. The couple tied the knot five years later and remain happily married today.
Her TV Land Sitcom One Day at a Time
One Day at a Time is Valerie Bertinelli’s most well-known project, which ran from 1975 to 1984 and focused on single mother Ann Romano (played by Bonnie Franklin) raising two teenage daughters: Julie (played by Mackenzie Phillips) and Barbara Cooper (played by Valerie). It proved to be a major success and launched Valerie into superstardom, winning her three Golden Globe awards during its run. Since then, the show has become a cult classic and spawned a 2017 reboot that aired on Netflix.
Net Worth Overview & Earnings Summary
Valerie Bertinelli’s estimated net worth is around $20 million according to Celebrity Net Worth. Most of this wealth has come from her long career in the entertainment industry, although she has also made some savvy investments over the years. Let’s take a closer look at where all this money comes from.
Real Estate Investments & Business Ventures
Bertinelli owns several real estate properties throughout California and New York City. She also invests heavily in stocks and businesses outside of the entertainment industry. She even co-owns Poulet Restaurant in Beverly Hills alongside her husband Tom McDermott. Additionally, she makes passive income through royalties for reruns of One Day at a Time, both domestically and internationally.
Major Sources of Income & Other Assets
The bulk of Valerie Bertinelli’s fortune comes from her acting gigs over the past four decades. In addition to starring roles on shows like Hot in Cleveland, she often takes smaller parts in movies or web series such as Amy Schumer Presents Rachel Feinstein: Only Whores Wear Purple and Maron. She also receives residual payments from syndication deals of her older projects like One Day at a Time and Sylvester Stallone’s Over the Top.
Endorsements, Ads & Public Appearances
Valerie has done numerous endorsements over the years including campaigns for Weight Watchers, NAPA Home Center, Electrasol dishwashing detergent and Safeway grocery stores. She has also made appearances on talk shows like Good Morning America, The View and Live! With Kelly Ripa and guest-starred on The Goldbergs spinoff Schooled. In 2019, she hosted a baking competition series called Kids Baking Championship on Food Network.
Financial Impact of Divorce Settlement with Eddie Van Halen
Valerie reportedly received close to $25 million after splitting up with Eddie Van Halen back in 2007 due to the generous settlement agreement they signed beforehand. This includes lump sum payments and spousal support as well as hefty chunks of cash for alimony every month for many years afterwards. It also included joint custody of their son Wolfgang so that he could spend equal amounts of time with both parents without any complications regarding child support.
Conclusion – An Estimate of Valerie Bertinelli’s Total Net Worth
By taking into account all the sources of income we have discussed above, it’s safe to say that Valerie Bertinelli’s total net worth sits somewhere around $20 million dollars give or take a few million depending on certain variables such as changes in property values or stock prices. Although not quite billionaire status yet, she certainly stands among one of the wealthier stars of Hollywood whose fame goes beyond the typical gossip columns thanks to her enduring popularity in the television industry.