Pete Davidson's Net Worth Is No Joke

Highlights

• Pete Davidson's rise from comedy clubs to stardom has been remarkable, earning him a staggering net worth of $8 million.
• His success on SNL catapulted him to fame and introduced him to a global audience, earning him a top-tier salary of $25,000 per episode.
• Davidson's ventures in film, television, and endorsements have contributed significantly to his net worth, solidifying his status as a Hollywood player.

Pete Davidson's evolution from performing comedy club sets to becoming a household name is nothing short of remarkable.

His comedic chops, paired with his acting prowess, not only shot Davidson to stardom, but helped him build a net worth that stands out among his peers.

From a young age, Davidson displayed a natural talent for causing infectious laughter, honing his craft in small clubs and at open mic nights.

His big break came in 2014 when, at the age of 20, he was selected as a featured player on Saturday Night Live.

Saturday Night Live (or SNL) is a long-running late-night television institution known for launching the careers of many legends in comedy.

A Peek Inside Pete Davidson's $1.3 Million Staten Island Condo

That opportunity not only provided Pete with a national platform, but also paved the way for Davidson's lucrative career in film, television, and stand-up comedy.

Today, Pete Davidson's net worth is estimated in the staggering vicinity of $8 million, due to his comedy specials, stand-up tours, super-successful forays into film, and myriad endorsement deals.

Uncorking A Comedic Genius: SNL, And Pete Davidson's Breakthrough

The native Staten Islander began his entertainment career on MTV; his earliest appearance was on the third episode of the comedy series Failosophy.

Pete's first televised stand-up special aired as part of a second-season episode of the Comedy Central program Gotham Comedy Live before he appeared on Nick Cannon Presents Wild 'N Out:

In 2014, Davidson joined the cast of Saturday Night Live for the show's 40th season premiere, becoming one of the youngest cast members in the show's history.

As is often the case with new comics, Saturday Night Live catapulted Pete to national fame and introduced him to a global audience.

On SNL, Davidson showcased his comedic versatility, excelling in sketches and winning over viewers with his "Weekend Update" segments, where he delivered stand-up routines interspersed with witty commentary on current events and pop culture.

The Elf Cast's Net Worths Are A Christmas Miracle

As a main cast member on SNL, Davidson's initial salary on SNL was $7,000 per episode, translating to roughly $147,000 per season in his first four seasons.

After five seasons, SNL cast members typically receive a significant raise, with their per-episode pay jumping to $15,000, or $315,000 per season.

Davidson earned a peak salary of $15,000 per episode, and came back to host SNL in October:

Assuming he made at least one appearance in all 21 episodes of a season as a cast member, Pete stood to earn around $315,000 per year from SNL alone.

Considering Davidson's popularity and household-name status, he likely secured the top-tier salary of $25,000 per episode, which would place his annual earnings close to half a million dollars by the end of his run on SNL.

Why Pete Davidson Is So Popular: Movies, Specials, And ​​​​Notable Projects

Pete Davidson has carved out a successful path in the film industry, quickly landing roles in numerous movies and television shows.

While his early roles in films like Trainwreck and What Men Want likely didn't bring him significant financial gains, his more recent projects have seen him pick up paychecks with a healthier amount of zeroes.

Some of Davidson's notable film appearances include roles in Big Time Adolescence, The Dirt, The King Of Staten Island – which Davidson both starred in and co-wrote with Judd Apatow – and A24's Bodies Bodies Bodies:

These films further solidified Davidson's status as a serious Hollywood player and contributed significantly to his net worth.

In August 2021, he appeared as Blackguard in The Suicide Squad, directed by James Gunn.

Davidson, alongside Paul Dano and Seth Rogan, starred in Craig Gillespie's Dumb Money, a film dramatizing the Reddit-driven 2021 GameStop "short squeeze."

Several sources indicate Davidson received $550,000 for his supporting role in Dumb Money, but its unclear if the details of his compensation for the film were disclosed.

In addition to film, Davidson has ventured into television with his own show, Bupkis, which premiered on Peacock in 2023.

This semi-autobiographical comedy, based on Davidson's early life, sees him playing himself alongside Edie Falco and Joe Pesci.

Television's Highest-Paid Actors, Ranked By Episode

According to Variety, Davidson was paid $500,000 per episode for Bupkis (which ran for eight episodes).

Consequently, he likely earned a minimum of $4 million for the first season – not accounting for additional compensation, like bonuses.

Davidson has also found success on Netflix, with four comedy specials currently available on the platform.

While the precise amount he was paid for these specials remains undisclosed, it's likely he received hundreds of thousands of dollars, potentially more.

Beyond Stand-Up: Pete Davidson's Net Worth Today

According to Investopedia, Pete Davidson's net worth quadrupled between 2018 and 2022, reaching $8 million.

Pete has made savvy investments in real estate, acquiring properties on both Staten Island and in Brooklyn. In 2016, he purchased a $1.3 million home for his mother on Staten Island.

In 2020, he expanded his real estate portfolio by acquiring a $1.2 million condo a few blocks from his mother's residence.

Davidson listed the condo for sale at $1.3 million in late 2022.

Seeking a more urban lifestyle, he recently moved to a lavish Brooklyn loft, reportedly paying $30,000 monthly for the privilege.

Pete's real estate ventures aren't limited to traditional properties.

In 2022, the New York Times reported that Davidson joined forces with comedian and friend Colin Jost to purchase a decommissioned Staten Island Ferry for $280,000.

Davidson and Jost purportedly plan to transform the commuter vessel into a floating nightclub.

The Most Expensive Yachts In The World (And Why They Cost So Much)

Davidson has also indulged in some luxurious purchases. He reportedly owns a collection of Mercedes-Benz vehicles, including an S-Class and a G-Wagon.

Additionally, he revealed in an interview that he owns a minivan. Pete's entrepreneurial spirit extends beyond physical assets.

He has capitalized on his rising fame and popularity by securing lucrative endorsement deals with renowned brands like Moose Knuckles and Calvin Klein.

While the exact financial details of these partnerships remain confidential, it's clear that his association with these companies has significantly boosted Pete Davidson's net worth.

Perhaps most notably, Davidson secured an endorsement deal with SmartWater, joining the ranks of celebrities like Jennifer Aniston and Gal Gadot.

ncG1vNJzZmivp6x7tbTEq6CcoJWowW%2BvzqZmqZ2kmnqlrdWim6ynnmK7psCMsKarrJhk