Loretta Devine is a film, television and stage actress. Loretta Devine's net worth is $ 8 Million. She was born on August 21st 1949 in Houston a daughter of James Devine a laborer and Eunice O”Neal (nee Toiliver) who was a beautician.

Loretta Devine earned her net worth by acting. She studied at George Washington Carver High School and did her graduation in Bachelor of Arts in Speech and Drama from University of Houston in the year 1971 and did her MFA in Theater in the year 1976 from Brandeis University. She did A Broadway Musical in the year 1978 which was a flop and it closed after one performance. She got noticed by taking part in Dreamgirls which was based on The Supremes. It received six Tony awards. She acted in the movie Waiting to Exhale as Gloria Matthews where she received NAACP Image Award for Best Supporting Actress.