Annie Leibovitz is an American portrait photographer who has a net worth of $40 million dollars. Annie Leibovitz was born in Waterbury, Connecticut, and grew up all over the world, as her father was a lieutenant colonel in the U.S. Air Force.
She discovered a love of art and music early on, and went on to attend the San Francisco Art Institute, where she focused on painting, while also honing her photography skills. She began her professional photography career in the early 70s, working as a staff photographer for the then fledgling music magazine, Rolling Stone.
She became Chief Photographer in 1973 and held the job for the next ten years. She has since gone on to become one of the most celebrated celebrity photographers ever.
She is the woman behind such iconic photos as Demi Moore’s naked, pregnant cover photo for Vanity Fair; Whoopi Goldberg in a bathtub of milk; Bruce Springsteen’s “Born in the USA” album cover; and the last professional photo of John Lennon – with him curled up naked next to Yoko Ono on the floor – shot five hours before his assassination.
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Annie Leibovitz Financial Troubles
After experiencing finanical troubles for several years in a row, in 2009 Annie borrowed $15.5 million from the Art Capital Group. That loan eventually ballooned to $24 million. In 2009, Art Capital Group sued Annie for failing to repay these loans.
Liebovitz has since worked to restructure her debt and pay back the loan to avoid losing her life’s work which she was forced to use as collateral. In 2012 she listed her New York City Townhouse for $33 million.
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The house finally sold in 2012 for $28.5 million. In June 2014, Annie purchased an $11.25 million apartment on the Upper West Side of Manhattan, signaling that her financial problems had finally been settled.
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