Jerry Seinfeld’s Net Worth
Jerome Allen “Jerry” Seinfeld is an American comedian, actor and writer. He is known for his semi-fictional role in the sitcom “Seinfeld”, to which he collaborated on the creation and script, and in the last two seasons, he was the executive producer. Also, Jerry played the role of “Barry B. Benson” in the movie “Bee Movie”, the first major project after the end of the series “Seinfeld”.
What is Jerry Seinfeld’s net worth?
Jerry Seinfeld is well-known for the sitcom “Seinfeld”, in which he played Jerry Seinfeld, a caricature of himself, for which he was awarded a Golden Globe in 1994. It is said that the amount earned from the show was around $225 million. At the time this article is written he has a net worth of $950 million. Seinfeld is also a writer and author of the bestseller “Seinlanguage”.
Jerry Seinfeld makes $20 to $50 million per year, depending on whether he is on touring or not. From a national tour, he earns $20 million. He was paid $20 million in 2020 by Netflix for exclusive rights to “23 Hours to Kill”. Jerry earned $50 million from touring and Netflix between June 2019 and June 2020.
Key facts
- Jerry Seinfeld owns more than 150 cars, that have a value of around $50 million in total
- He makes $40 to $50 million per year from syndication and other royalties
- He made $100,000 from the first season of “Seinfeld”
- Jerry made $1 million per episode by season 9, becoming the first TV actor who earned $1 million per episode
- He owns a 12-acre oceanfront Hamptons estate that is worth $70 to $100 million
- Seinfeld made $60 million in base salary with his show
- He owns 15% of his show’s backend equity
Childhood
Jerry was born on April 29, 1954, in Brooklyn, New York, in a Jewish family – his origin being one of the main pretexts for the jokes in the series that made him famous.
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His father, Kalaman Seinfeld, was of Hungarian nationality, but he was born in Ukraine when the country was under Austro-Hungarian occupation. Hence the frequent references to Hungary and Romania in the series, Jerry knowing the two countries from his father’s stories.
After high school, Jerry Seinfeld enrolled at the State University of New York and then at Queens College in New York, where he graduated in 1976. He was attracted to the theater in college, and after graduation, he started working as a comedian in New York clubs, but without success.
Career beginning
Jerry practically started his career only when he appeared in a comedy material produced by HBO when he was noticed by Rodney Dangerfield (another great American comedian, Jewish by origin, whose ancestors also came from Hungary).
This is how Jerry Seinfeld entered the circle of comedians. Shortly after, he got his first role in the comedy series “Benson”.
Fortunately for his future career, Jerry did not adapt to the director’s instructions regarding the interpretation of his role, so he was fired after only four episodes.
In 1981, the actor made a successful appearance on The Tonight Show Starring Johnny Carson. At the time, Seinfeld impressed the audience, but especially the host, which led to several television appearances.
How did Jerry come up with the idea of the Seinfeld series?
The comedy series Seinfeld is the project that brought fame to the well-known comedian. In 1988, Jerry Seinfeld created the concept of the series called The Seinfeld Chronicles with Larry David for NBC TV. The series was later renamed Seinfeld to avoid confusion with another production aimed at teenagers.
The idea for the sitcom came in the fall of 1988 when Jerry Seinfeld and Larry David discussed the possibility of creating their own comedy show for NBC. The ideas for the show were discussed while they were at a Korean store and made jokes about what they saw around them.
In its third season, the sitcom was already the most watched in the US. It brought Jerry Seinfeld millions of dollars. The series ran for nine seasons, with a total of 180 episodes.
The sitcom is currently available on the Netflix streaming platform.
Salary
- First season “Seinfeld” – $20,000 per episode, resulting in a total of $100,000
- “Seinfeld” Season 2 and Season 3 – $40,000 per episode, resulting in a total of $3.5 million
- “Seinfeld” Season 4, Season 5, and Season 6 – $100,000 per episode, resulting in a total of $7 million
- “Seinfeld” Season 7 and Season 8 – $500,000 per episode, resulting in a total of $23 million
- “Seinfeld” Season 9 – $1 million per episode, resulting in a total of $24 million
Jerry was offered $5 million per episode by NBC for producing the 10th season of “Seinfeld”. This would have brought him $100 million for the season.
Life after Seinfeld
After the show ended, Jerry Seinfeld’s life changed dramatically, and we say that because he found love and started a family. In 1988 Seinfeld met Jessica Sklar, who had just returned from a three-week honeymoon with Eric Nederlander, whom she quickly divorced, marrying Seinfeld the following year. The two have three children together – Sascha, Stepherd Kellen, and Julian Kal.
Jessica Seinfeld is an American-born author and philanthropist, and despite her husband’s fame, she was extremely low-key and supported a lot of causes.
After the birth of their first child, Jerry and Jessica decided to start a charitable foundation for low-income families. Good+ Foundation is primarily the project of Jerry’s wife Jessica, and that’s because motherhood inspired her. To date, their foundation has donated over $50 million.
Seinfeld’s home
The house where the Seinfeld family lives and the almost 12 acres of land that surround it cost $32 million. The comedian bought it in 2000 from the no less famous Billy Joel. The house is in The Hamptons, New York. It has a garage that can accommodate 22 cars, a guest house, a swimming pool, and a basketball court. It is a beautiful and bright house. They also had a ski lodge in Telluride, Colorado, but sold it this year for $14 million.
Car collection
For Jerry Seinfeld, money was never a problem, especially after he achieved fame. In addition to luxurious real estate, the actor owns an impressive collection of cars. Seinfeld built a special 2-story garage in which he stored his entire Porsche collection. 50 models are in the garage located in Manhattan.
Among the actor’s favorite models are a Porsche 911 from 1973, a Porsche 550 Spyder from 1955, but also a Porsche Gmeund from 1959. He also owns a Volkswagen Karmann Ghia from 1963, a Volkswagen Bus from 1952, and a Volkswagen Bug from 1952.
The car collection is estimated at around $50 million.
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