Kevin Hart Net Worth (Money & Salary)

What is Kevin Hart’s net worth?

With a net worth estimated at $450 million, Kevin Hart stands out as an American comedian, producer, spokesman, and actor. Known as one of the world’s highest-paid entertainers, Hart can earn between $50 million to $60 million in a typical touring year from various sources. For instance, from August 2015 to August 2016, he amassed $90 million through touring, movies, merchandise, endorsements, and more. In the next fiscal year, from June 2017 to June 2018, he earned $60 million, followed by another $60 million from June 2018 to June 2019. During the subsequent year, his earnings totaled $40 million. As we will elaborate in the next paragraph, the primary asset elevating Kevin Hart’s net worth is his majority stake in his media company, HeartBeat, valued at $650 million as of May 2022.

Hart’s journey commenced as a stand-up comedian performing in various clubs and venues all over the United States. His distinct storytelling technique, lively delivery, and humor that resonates with many quickly attracted a loyal fan base.

With the release of his comedy specials like “I’m a Grown Little Man,” “Seriously Funny,” and “Laugh at My Pain,” Hart’s popularity surged. These specials highlighted his skill in engaging audiences through his personal narratives and relatable humor.

Beyond stand-up, Hart’s film career also flourished as he starred in several commercially successful films, including “Ride Along,” “Central Intelligence,” “Jumanji: Welcome to the Jungle,” and its sequel, “Jumanji: The Next Level.”

HartBeat Valuation

In May 2022, Kevin secured $100 million in funding for a new media venture named HartBeat. This investment, made by a private equity firm called Abry Partners, appraised HartBeat at $650 million. Kevin not only received a significant portion of that $100 million investment but also saw his remaining 85% stake valued at $552 million at that level.

Early Life

Philadelphia, Pennsylvania, is where Kevin Hart was born on July 6, 1979. Together with his older brother Robert, he was raised by their mother, Nancy, who worked as a systems analyst for the University of Pennsylvania in the Office of Student Registration and Financial Services. Kevin completed his education at George Washington High School. While he briefly attended the Community College of Philadelphia, he later left to relocate to New York City and then the Boston area, where he worked as a shoe salesman.

Career

Kevin Hart’s foray into comedy began when he performed at an amateur night at a club near Philadelphia. His inaugural performance took place at The Laff House in Philadelphia, but he did not achieve instant success. Hart faced boos and rejection from the audience multiple times during his early performances, as he initially attempted to mimic other comedians, including Chris Tucker. Eventually realizing the futility of this approach, he revamped his act.

In 2009, Hart toured with his comedy act titled “I’m a Grown Little Man,” later following it with “Seriously Funny” in 2010, “Laugh at My Pain” in 2011, and “Let Me Explain” in 2013. Notably, the last two were also released in theaters, with the “Laugh at My Pain” tour grossing over $15 million, marking it as one of the best-selling comedy tours of that year.

Hart’s “What Now?” Tour commenced in April 2015 in Texas, and in July, Universal Pictures revealed that a film entitled “Kevin Hart: What Now?” would hit theaters on October 14, 2016. He subsequently embarked on the “Irresponsible” tour and its release in 2019, along with “Zero F**ks Given” in 2020, the latter of which earned him a Grammy nomination for Best Comedy Album in 2022.

Success

His breakthrough came when he featured on Comedy Central with productions like “I’m a Grown Little Man” and “Seriously Funny.” Following this exposure, he obtained roles in films like “The 40-Year-Old Virgin,” “Soul Plane,” and “Little Fockers,” thereby increasing his visibility. Hart has since participated in a multitude of films and television shows while maintaining an extensive national comedy touring schedule. Currently, his films have accumulated over $1.3 billion globally at the box office. Significant titles include “Jumanji: Welcome to the Jungle” (along with the 2019 sequel), “The Secret Life of Pets” (also with a 2019 sequel), “Central Intelligence,” and “Get Hard” featuring Will Ferrell. In 2022, he co-starred with Mark Wahlberg in “Me Time.”

In January 2021, he entered a first-look arrangement with Netflix, with the comedy heist movie “Lift” slated for release in January 2024. Additionally, he starred in Netflix’s “Fatherhood,” which premiered in June 2021.

Other Ventures

In 2017, Kevin introduced an underwear line in collaboration with Tommy John. By 2018, he also launched a comedy streaming service named Laugh Out Loud, which includes a radio show on Sirius Satellite Radio. To this date, the LOL network has amassed hundreds of millions of views. He holds endorsement contracts and partnerships with various brands, including Samsung, Wrangler, AT&T, Mountain Dew, and PokerStars.

Over the years, Kevin has undertaken several highly successful comedy tours, with his “What Now?” tour featuring 168 shows globally from April 2015 to August 2016 and his “Irresponsible Tour,” comprising 119 shows from September 2017 to January 2019. During a touring year, he typically earns around $70 million.

In 2009, Hart established HartBeat Productions, which today hires over 40 individuals managing his projects across film, television, comedy, and radio.

In August 2022, he debuted a vegetarian restaurant named Hart House, aimed to compete with fast-food chains while providing flavorful plant-based options. The first location opened in Los Angeles, featuring a simplified menu with veggie burgers and Chick’n products.

Personal Life

From 2003 to 2010, Kevin was married to fellow comedian Torrei Hart. They share two children but ultimately ended their marriage. Hart sought joint custody of their children,

Heaven Leigh, born in 2005, and Hendrix, born in 2007, are the children of Kevin Hart. The couple’s divorce was finalized in November 2011.

On August 13, 2016, Hart exchanged vows with Eniko Parrish in Santa Barbara, California. Their son, Kenzo Kash, arrived in November 2017. A month after Kenzo’s birth, Hart confessed to infidelity during Eniko’s pregnancy. The couple welcomed their daughter, Kaori Mai, in September 2020.

In his standup performances, Kevin has shared about his challenging relationship with his father. Henry Witherspoon, Kevin’s father, struggled with severe cocaine addiction for many years, which adversely affected their relationship and Kevin’s upbringing. Throughout his childhood, his father frequently faced imprisonment. To cope with the difficulties posed by their father’s addiction, Kevin developed a sense of humor aimed at lifting his family’s spirits. He fondly remembers his mother during his act, but tragically, she lost her battle with cancer in 2006.

In April 2013, Hart was arrested for misdemeanor DUI after failing a field sobriety test when his vehicle nearly collided with a tanker truck on a Los Angeles freeway. That August, he was sentenced to three years of probation.

In August 2019, Kevin was involved in a serious car accident while a passenger in a friend’s 1970 Plymouth Barracuda, which veered off the road in Malibu into a ditch.

An enthusiastic poker player, as of September 2020, Kevin Hart has accumulated $47,828 in live tournament earnings.

Kevin Hart Height

What is Kevin Hart’s height? He stands at 5 feet 4 inches tall.

Real Estate

In 2012, Kevin acquired a property in Tarzana, California, for $1.99 million, which he sold for $2.75 million in mid-2019. Currently, Kevin resides in an expansive mansion located in a gated community in Calabasas, California. He purchased the 26-acre undeveloped land for $1.35 million in 2015. For the following two years, he worked on obtaining the necessary approvals to construct a house on the site. In April 2017, he successfully gained approval and subsequently invested $5 million into an impressive compound, with the primary residence spanning 9,600 square feet and designed in the Spanish villa style.

In 2021, reports indicated that Kevin Hart bought an adjacent mansion in Calabasas for $7 million, expanding his total property holdings to 42 acres in the Los Angeles suburb.