Pete Davidson Net Worth?
You know Pete Davidson from Saturday Night Live, but there’s more to him than comedy. He’s dated major celebs and dealt with personal tragedy. Now at just 28, Pete Davidson net worth is $8 Million. How’d he do it? Between his SNL salary, stand-up tours, and acting gigs, Davidson’s built quite the bank account. He splurges on designer clothes and lavish vacations, but he’s also made smart investments in property. Davidson’s had his struggles, but he’s come out on top. Stick around to learn exactly how this funny guy made his millions.
Pete Davidson’s Background and Rise to Fame
Full Name: | Pete Davidson |
Net Worth: | $8 Million (INR 66 Cr) |
Age: | 29 |
Country: | United States |
Born: | November 16, 1993 |
Salary: | $1 million |
Last Updated: | 2024 |
A Tragic Upbringing
Pete Davidson was born in Staten Island, New York in 1993. Sadly, Pete’s father, a New York City firefighter, died in the September 11 terrorist attacks. Losing his father at such a young age was understandably devastating for Pete. However, his father’s death also inspired Pete’s interest in comedy as a way to help cope with trauma.
Breaking into the Scene
In 2013, Pete got his first big break performing stand-up on MTV’s Guy Code. The next year, at just 20 years old, Pete was hired as a featured player on Saturday Night Live, making him one of the youngest cast members in the show’s history. Pete’s boyish charm, irreverent sense of humor, and willingness to joke about taboo topics quickly made him a fan favorite. Over the next few years, Pete was promoted to a full-time cast member and became known for characters like Chad, the apathetic stoner, and impressions of stars like Justin Bieber.
Rising Fame and Controversy
Pete’s fame skyrocketed in 2018 when he started dating pop star Ariana Grande. Their whirlwind romance and engagement thrust Pete into the spotlight. Unfortunately, the relationship ended after only a few months. Pete has continued to date high-profile women, like Kate Beckinsale and Kim Kardashian, keeping him regularly in the tabloids.
Pete’s edgy comedy and tumultuous personal life have also frequently landed him in hot water. He has been criticized for making light of sensitive topics like mental health issues and September 11. However, Pete’s raw honesty about his struggles with borderline personality disorder and his difficult upbringing have also resonated with fans and turned him into an unlikely advocate for mental health awareness.
Love him or hate him, Pete Davidson has become a comedy sensation and bona fide pop culture phenomenon. At only 27, Pete’s star continues to rise, proving he is far more than just another Saturday Night Live cast member.
Earnings From Television Shows
Pete Davidson’s main source of income comes from his work on Saturday Night Live. When he first joined the cast in 2014 at the age of 20, his salary was a modest $7,000 per episode. Over the years, as he’s become more prominent on the show, his pay has increased significantly. Today, Davidson earns an estimated $25,000 for each episode he appears in.
Saturday Night Live
Given that SNL airs 21 episodes per season, if Davidson appears in every episode, that amounts to $525,000 per season from the show. Not too shabby! SNL is known for paying its veteran cast members very well. After being on the air for over 40 years, the show can afford to compensate stars like Davidson handsomely.
In addition to his work on SNL, Davidson scored his own show on Peacock, NBC’s streaming service, called “Bupkis.” For each episode of that series, Davidson earned $500,000. However, after filming a few episodes, the show was scrapped. Still, Davidson made a few million dollars for his short-lived stint as a streaming star.
Between SNL and Bupkis, television has been very lucrative for Pete Davidson. His quirky style of humor and high-profile relationships have made him a household name, allowing him to demand a high salary. While the figures seem outrageous, for a major network show like SNL, $25,000 per episode for a breakout star is not unheard of. Davidson can thank television for launching him into the spotlight and the source of most of his multi-million dollar net worth. Also Read: Kelly Clarkson Net Worth.
Earnings From Movies
Pete Davidson Net Worth in 2024 | $8 Million |
Pete Davidson Net Worth in 2023 | $6 Million |
Pete Davidson Net Worth in 2022 | $5 Million |
Pete Davidson Net Worth in 2021 | $3 Million |
Pete Davidson Net Worth in 2020 | $2 Million |
Pete Davidson has acted in several movies, contributing significantly to his $8 million net worth. His film career started small but has grown quickly.
Saturday Night Live (2015-present)
Although technically a TV show, Davidson’s work on SNL led to movie roles. His breakout performances on SNL caught the attention of casting directors and producers. While Davidson earned around $315,000 per season of SNL, the exposure launched his film career.
The King of Staten Island (2020)
Davidson co-wrote and starred in this comedy-drama, which grossed over $3.5 million at the box office. As a writer, Davidson likely received a percentage of the profits. The film received positive reviews and further established Davidson as a talented up-and-coming actor.
The Suicide Squad (2021)
Davidson voiced the character of Richard “Dick” Hertz in this supervillain film, which has grossed over $168 million worldwide. While voice acting roles typically pay less than live-action, The Suicide Squad’s blockbuster success likely earned Davidson a tidy sum.
Davidson has several other films in various stages of production, including the thriller “Bodies, Bodies, Bodies” and the comedy “I Want You Back.” If his movies continue to perform well at the box office, Pete Davidson’s film career and net worth will keep rising. His comedic skills, Everyman charm, and personal life drama have made him a bankable Hollywood star. At only 27 years old, Pete Davidson’s best work may still lie ahead of him.
Between his TV, film, and stand-up work, Pete Davidson has built an impressive entertainment empire and amassed a sizable fortune. While $8 million is a lot of money, if current trends continue, Davidson’s net worth will likely skyrocket in the coming years. Not bad for a Staten Island kid who dropped out of college to follow his dreams.
Endorsements and Other Ventures
Pete Davidson has leveraged his fame and comedic talents into several lucrative endorsement deals and business ventures outside of SNL.
Brand Partnerships
Some of the major brands that Pete has partnered with include H&M, Smartwater, Hellmann’s, and Manscaped. His partnership with Manscaped as brand ambassador and shareholder has been particularly fruitful. Taco Bell has also credited Pete for a 9% increase in sales after he mentioned them on SNL, showcasing his power to drive business through endorsements.
Investments
In addition to traditional endorsement deals, Pete has made some strategic investments that have paid off well. He invested in the sports drink company BodyArmor in 2018 and sold his stake in 2021 for a massive profit. He has also invested in the dating app Bumble and the ticket buying app Gametime. Pete’s ability to spot trends early and get in on the ground floor of up-and-coming companies has clearly served him well financially.
Live Shows and Touring
Pete Davidson makes a significant portion of his income from live stand-up shows and comedy tours. He regularly performs to sold-out crowds at venues like Madison Square Garden and the Hollywood Bowl. His 2018 “Pete Davidson: Alive From New York” comedy special was a massive success. Live shows and touring provide Pete a platform to connect directly with his fans, as well as an opportunity for sponsorship and merchandising deals.
Real Estate
Pete has invested a good amount of his wealth in real estate, especially in his hometown of Staten Island, New York. He owns a $1.2 million waterfront condo, as well as two smaller apartments in Manhattan that he rents out. Real estate has proven to be a stable store of value for Pete’s money, with the potential for solid long term appreciation. At just 27 years old, Pete Davidson has built an impressive and diverse set of assets and income streams. His ventures outside of SNL stardom showcase a budding business acumen and set him up well for continued financial success. Also Read: Blippi Net Worth.
Real Estate Investments
Net Worth | $8 Million |
Name | Pete Davidson |
Age | 29 |
Height | (1.7 m) |
Weight | 83 Kg |
Profession |
American comedian, actor, film producer and screenwriter
|
Date Of Birth | November 16, 1993 |
Birthplace | United States |
Nationality | American |
Income | $1 million |
Spouse | N/A |
Parents | Scott Davidson, Amy Waters Davidson |
Siblings | Casey Davidson |
House Hacking His Way Up
Early on, Pete Davidson leveraged a strategy known as “house hacking” to build wealth through real estate. House hacking involves buying a multi-unit property, living in one unit, and renting out the other units to cover most or all of your housing costs. Pete lived in the basement apartment of a Staten Island home while renting out the top two floors, allowing him to live for free and gain equity in an asset.
Flipping for Profit
Pete has also invested in house flipping, where you buy undervalued properties, renovate them, and sell at a profit. In 2016, he bought a $1.2 million home in Staten Island, renovated it, and sold it for $1.5 million a year later, pocketing over $300,000 in profit. House flipping requires skills like spotting deals, managing contractors, and marketing properties. When done right, it can lead to sizable returns.
Building His Portfolio
With the profits from his early deals, Pete began buying rental properties in New York and Los Angeles. He now owns several luxury apartments and a commercial building in LA. Rental property is a great way for investors to generate cash flow and long-term wealth. Successful landlords stay on top of market rents, market to find quality tenants, and maintain their properties.
Pete’s real estate investments show how this asset class can be a pathway to financial freedom. Whether you start small by house hacking or aim bigger with commercial deals, real estate offers so many opportunities to build wealth if you’re willing to learn the skills required. Pete developed many of these skills through trial-and-error but new investors today can tap into the abundance of online resources to fast track their real estate education.
With hard work and the right mindset, real estate investment may be your ticket to achieving a net worth as impressive as Pete Davidson’s. The opportunities are out there—you just have to take the first step.
FAQs: What Is Pete Davidson Net Worth in 2024?
If you’re wondering how Pete Davidson made his millions, you’re not alone. At just 28 years old, Pete Davidson has amassed an impressive net worth of $8 million. Let’s look at how he did it.
His work on Saturday Night Live
Pete Davidson is best known as a cast member on Saturday Night Live. He joined the show in 2014 at just 20 years old, making him one of the youngest cast members in SNL history. At his peak, Pete earned $25,000 per episode. While that may not seem like a lot, with 21 episodes per season, it adds up to over $500,000 per year from SNL alone.
His comedy specials and tours
In addition to SNL, Pete tours nationally doing live stand-up shows. His 2019 comedy special “Alive From New York” was well received. Pete is known for his self-deprecating humor and jokes about living with depression and Crohn’s disease. His comedy appeals to younger audiences, gaining him a dedicated fan following.
Brand endorsements and sponsorships
With over 4 million Instagram followers, Pete Davidson is an influencer who can command top dollar from brands. Pete has endorsement deals with companies like Smartwater, Calm meditation app, and Moose Knuckles clothing. As Pete’s fame grows, he’ll likely land even bigger brand sponsorships.
While Pete Davidson comes from a modest background, his hard work, talent, and charisma have allowed him to build an impressive net worth at a young age. However, Pete has said that money isn’t his top priority and that he’ll likely leave SNL before he’s 30 to focus on new creative pursuits. Whatever he does next, Pete’s devoted fans will surely follow. Also Read: Zoe Saldana Net Worth.
What is Pete Davidson’s income?
SNL Salary
Pete Davidson’s main source of income is his work as a cast member on Saturday Night Live. When he first joined the show in 2014 at the age of 20, Pete’s salary was $25,000 per episode. Over the years, as he’s become more popular, his pay has increased significantly. Today, Pete earns an estimated $15 million per season from SNL, which works out to around $300,000 per episode.
Touring and Comedy Specials
In addition to SNL, Pete tours nationally doing stand-up comedy shows and has released several comedy specials. His 2019 Netflix special “Alive From New York” earned him a sizable payday. Pete’s comedy shows and specials generate several million dollars per year in revenue.
Brand Endorsements
Pete has also earned money from brand endorsements and sponsorships. He has done ads for companies like Smartwater, H&M, and Calvin Klein. While the details of Pete’s endorsement deals are private, celebrities of his fame and 18-34 demographic appeal can easily earn $500,000 or more for a single social media post promoting a product. Brand endorsements likely contribute at least a few million dollars per year to Pete’s total income.
Investments
In recent years, Pete has started to generate income from investing his money. He has invested in startups like BradsDeals, SeatGeek, and Impossible Foods. If any of these companies eventually go public or get acquired, Pete’s investments could pay off handsomely. For now, investment income likely makes up a small fraction of his total earnings but has the potential to contribute much more over time.
Between his work on SNL, touring, comedy specials, brand endorsements, and investments, Pete Davidson has built up an impressive net worth and earns an estimated $8 million per year. At only 27 years old, Pete’s future earning potential is huge if he continues to build on his success. With more experience, Pete’s SNL salary will likely continue to increase significantly over the next decade. And as his fame grows, so too will the opportunities for lucrative tours, specials, endorsements, and investments.
How many kids does Pete Davidson have?
Pete Davidson does not currently have any children of his own. However, his girlfriend Kim Kardashian has four kids with her estranged husband, Kanye West. Pete Davidson even went so far as to get tattoos of the names of Kanye and Kim’s kids – North, Saint, Chicago and Psalm.
While Pete and Kim seem to be getting more serious in their relationship, Pete has not yet taken on a parental role with Kim’s children. Pete is still quite young, only 28 years old, so he may not be ready for the responsibility of fatherhood just yet. Becoming a stepfather to four kids is a big life change and Pete would surely want to make sure he and Kim have a stable relationship before becoming closely involved in parenting her children.
Pete has been open about his own mental health struggles in the past, including borderline personality disorder and depression. Having children of his own or becoming a stepfather could potentially exacerbate these issues which is likely something Pete is cognizant of. When Pete does become ready to have kids, whether through marriage with Kim or a future relationship, he has said he would want to adopt rather than have biological children due to his own health issues.
While Pete’s relationship with Kim seems to be progressing quickly, and he already has tattoos dedicated to her children, actually becoming a stepfather and taking on a parental role is an enormous life change and responsibility. Pete is still quite young and focused on his career, so he is likely not in a rush to have kids of his own or become a stepparent just yet. However, if his relationship with Kim continues to get more serious over time, Pete may eventually feel ready to become more involved in a parental role with her four children. For now though, Pete remains focused on his work and relationship without the responsibility of fatherhood.
How much is Pete Davidson worth in 2024?
Pete Davidson’s net worth is estimated to be $10 million in 2024, thanks to his successful career as an actor and comedian. His peak salary for Saturday Night Live was reportedly $25,000 per episode. While that may not seem like a huge amount, over the course of a season that adds up to over $500,000. And with his brand deals, movies, and other business ventures, Pete has built up quite a nest egg.
Pete got his start doing stand-up comedy as a teenager and eventually landed a small role on the show Guy Code in 2013. His big break came the following year when he was hired as a featured player on Saturday Night Live at just 20 years old, making him one of the youngest cast members in the show’s history. Pete was promoted to a main cast member in 2016 and has been making audiences laugh ever since with his offbeat and quirky sense of humor.
In addition to SNL, Pete has starred in movies like The King of Staten Island, which was loosely based on his own life, and The Suicide Squad. He has also done comedy specials for Netflix and HBO. Offscreen, Pete has been linked to several high-profile celebrity girlfriends like Ariana Grande, Kate Beckinsale, Kaia Gerber, and most recently Kim Kardashian. Although his relationships are tabloid fodder, Pete doesn’t seem to mind the added publicity.
Between his television roles, movies, brand deals with companies like Smartwater and Arby’s, and his comedy shows, Pete Davidson has built up an impressive fortune for someone still in their 20s. While $10 million may not make him the richest celebrity, Pete seems to be doing just fine and living out his dream of making people laugh. His wit, charm, and ability to poke fun at himself have resonated with audiences and turned an awkward Staten Island kid into a bonafide star. Pete’s future continues to look bright, so don’t be surprised if his net worth keeps climbing over the next few years.
What is Kevin Hart’s net worth?
Kevin Hart’s net worth is $450 million according to Celebrity Net Worth. Hart’s fortune comes from films, comedy tours, brand partnerships, and businesses. In 2017, Kevin Hart earned $32.5 million thanks to blockbuster roles.
A huge chunk of Hart’s wealth comes from his successful comedy tours. His 2015 “What Now?” tour earned over $150 million in ticket sales, making it the highest-grossing comedy tour of all time. His follow-up tour, “The Kevin Hart Irresponsible Tour,” earned $1 million per show. When you can sell out massive arenas and charge fans upwards of $200 a ticket, the money really starts to add up.
Hart also earns big paychecks for his film roles. He received $10 million for Ride Along 2 and $15 million for The Secret Life of Pets. He earned $9 million for Jumanji: Welcome to the Jungle. Hart’s production company, HartBeat Productions, has a deal with Universal Pictures to produce multiple films.
Off the stage and screen, Hart makes money from partnerships with brands like Nike, H&M, and Tommy John. He has endorsement deals with retailers like Fabletics, Foot Locker and Macy’s. In 2018, Hart launched a new streaming service called Laugh Out Loud in partnership with Lionsgate. The service features original comedic content and stand-up specials.
With hard work, talent, and an eye for lucrative business deals, Kevin Hart built an entertainment empire and amassed an enormous fortune. While his beginnings were humble, Hart’s story proves that following your dreams and never giving up can pay off in a big way. His wealth serves as an inspiration and reminder that anything is possible.
Conclusion
So there you have it – Pete Davidson has built an impressive $8 million net worth for someone so young. He’s had his share of challenges, from family tragedy to mental health struggles. But he’s persevered and carved out a successful comedy career through hard work and talent. Love him or hate him, you can’t deny Pete’s tenacity and his ability to turn life’s lemons into some very lucrative lemonade. Whether he’s making you laugh on SNL or making headlines for his love life, it’s clear this kid’s got a bright future ahead. I don’t know about you, but I’m excited to see what Pete does next!