How Jimmy Kimmel Amassed His $50 Million Net Worth
Highlights
- Jimmy Kimmel has built a successful career in television, earning a massive fortune.
- Kimmel's real estate investments, including multiple homes in the LA area, have also contributed to his net worth and financial success.
- Despite his financial success, Kimmel has expressed uncertainty about the future of his show and whether he will continue hosting, considering various personal and professional factors.
To say that Jimmy Kimmel has had a wild career would be a true understatement. From creating hit shows to pulling off great pranks, and even having hilarious feuds, it's easy to see why the host has been able to thrive on television for as long as he has.
At this stage, Kimmel has a massive fortune, and really, he has nothing left to accomplish. He could choose to walk away, or he could stick around and continue raking in millions each year.
Let's take a look at Kimmel's career and see how he was able to make over $50 million.
Updated August 2023: Jimmy Kimmel has done an amazing job with his late-night talk show 'Jimmy Kimmel Live!', over the past 20 years. During that time he has had amazing guests on and only encounted a few glitches with interview along the way.
Because of this, Kimmel has gotten himself a loyal following of viewers. This helps with the Nielsen ratings so that a contact worth a whopping $15 million per year could be negotiated for hosting his talk show.
Making this kind of cash has allowed Kimmel to invest it wisely, with real estate being a favored way. And if the ratings remain stable or climb, Kimmel will likely receive a larger salary the next time negotiations roll around, meaning that much more can be invested in.
Jimmy Kimmel Has A $50 Million Net Worth
As one of the most popular hosts on television, and as someone who has been in the entertainment industry for years now, Jimmy Kimmel is a star that millions of TV fans are familiar with. Kimmel has had an impressive career, and because of this, he is currently worth a staggering $50 million.
Of course, the host wasn't always sporting a net worth like this. Kimmel has spent years chipping away at his career, and he has made the right moves at the right time, all of which have added up.
His Massive Real Estate Investments
Television work aside, Kimmel's net worth has also increased thanks to what he has done in the world of real estate.
"Jimmy owns a number of homes in the LA area. In 2004, Jimmy paid $2.175 million for a home one block from the beach in Hermosa Beach, California," according to Celebrity Net Worth. "He bought a second home in Hermosa in 2014 for $2.25 million. At some point, he deeded this home to his wife's sister.
In 2018 he dropped $8.2 million on yet another home in Hermosa. The current home on this lot is a modest 2,200 square-foot structure. According to the sale plans, a future home could be 20,000 square-feet.
Outside of Hermosa, Jimmy owns a $7.1 million two-parcel home in the Hollywood Hills above the famed Chateau Marmont."
With that said, let's shift our focus to his work on TV. After all, this is what he's best known for, and it's what pays the bills.
He Cleaned Up On 'The Man Show'
Back in 1999, The Man Show made its debut on the small screen. It was a show that was wildly popular, and Kimmel, who co-created the show with several others, was its host for the majority of its time on air.
Thanks to the success of The Man Show, Kimmel started making great money. Not only that, but more opportunities were beginning to open themselves up for him. This is initially how he was making a ton of money in the industry.
During that same time, Kimmel also co-created and lent his voice to the hit series CrankYankers. That show would become a success in its own right, and this was another major moneymaking endeavor for Kimmel.
Those earlier years really helped pave the way for the fortune that he has now, but something happened in 2003 that completely changed the game for the entertainer.
He Makes A Fortune For Hosting Duties
In 2003, Jimmy Kimmel Live made its official debut. Kimmel has been hosting that show for nearly 20 years, and this is the primary driving force behind his current net worth.
According to Celebrity Net Worth, "Jimmy Kimmel is probably most famous for hosting the late-night comedy talk show Jimmy Kimmel Live, for which he earns an annual salary of $15 million. He has hosted the show since 2003."
That's right, Jimmy Kimmel is making $15 million annually for hosting his show. Combine this with money that he's made for hosting major awards shows, and for appearing on various shows through the years, and you have yourself a recipe for major financial success.
Not long ago, however, Kimmel opened up about the future of his hit show, sharing some uncertainty about it.
"I wish I knew what I was gonna do. I have moments where I go, 'I cannot do this anymore.' And I have moments where I go, 'What am I gonna do with my life if I'm not doing this anymore?' It's a very complicated thing," Kimmel explained.
He went on to explain, "And there are practical considerations, and there are family and friend considerations and co-worker considerations. And eventually, I am going to have to stop doing this. I'm not going to do this forever. I would not be honest at all if I said that I have decided one way or the other. I’m thinking about it a lot, though."
If Kimmel calls it a day, he can sit back and enjoy his fortune.
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