Ricky Martin net worth 2022: Nephew sued for $20 million for sexual abuse allegations

Ricky Martin net worth 2022: Nephew sued for $20 million for sexual abuse allegations

Ricky Martin has filed a lawsuit against his nephew for $20 million after Dennis Yadiel Sanchez accused him of sexual abuse.

The lawsuit comes nearly a month after Martin's 21-year-old nephew withdrew his restraining order against the singer.

In the lawsuit, Martin has accused his nephew of extortion, malicious persecution and abuse of law.

According to Martin’s lawyers, the nephew's claims have cost the singer millions of dollars in lost income.

The lawsuit states that the nephew's allegations cost Martin at least $10 million in lost income due to canceled contracts.

At the same time, the 50-year-old lost $20 million in damages to his reputation, the lawsuit added.

The Puerto Rican pop musician has a net worth of $130 million in 2022.

After a long-running splendid career and sales record of over 70 million, Ricky Martin earned the moniker "King of Latin Pop".

He is credited with bringing Latin pop into the mainstream of US music culture.