Net Worth: $450 Million
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ToggleHow Much Is Kevin Hart Currently Worth?
Kevin Hart’s net worth of $450 million is impressive, and most of his income doesn’t even come from his stand-up comedy and acting career. While one of Hollywood’s funniest men certainly gets paid well for his time on the big screen, his income is largely owed to a smart deal he struck with a private equity firm.
Let’s dive into Kevin Hart’s net worth to better understand how he’s amassed his huge $450 million bankroll.
HartBeat’s Valuation Moves Towards $1 Billion
Kevin Hart raised $100 million in May 2022 for a venture he named HartBeat. The company provides TV, Film, and live-performance services. The company received its initial investment from private equity firm Abry Partners, which valued the company at $650 million.
With that valuation and Kevin Hart’s 85% stake in the company, his share could be worth in the vicinity of $552 million.
HartBeat has become quite the growing powerhouse. Among its work is the Hart Laugh Out Loud Network which claims over 100 million viewers, along with successful TV and movie productions, including the critically praised FX Comedy series “Dave” and the movie “Night School,” starring Hart and Tiffany Haddish.
Netflix And The $150 Million Deal
Following in the footsteps of fellow comedian Adam Sander, Kevin Hart, via HartBeat signed a $150 million Netflix deal for four movies. As HartBeat continues to grow, the Netflix deal gives his production team leverage as they attempt to take on new TV shows and movies.
Kevin Hart’s Gran Coramino Tequila Brand
Kevin Hart’s premium tequila label, Gran Coramino signed a multiyear partnership with the Philadelphia Eagles to become the NFL team’s official luxury tequila in 2022. We don’t know the terms of the deal but high-end spirits have become a huge cash cow for celebrities in recent years, and Hart’s name attached to the brand is sure to raise its public profile in the years ahead.
$250 Million In 5 Years
The Strive claims that in 2010, Kevin Hart was worth $9 million. His net worth didn’t see much movement for the next five years, at which point his fortune skyrocketed.
Kevin Hart’s comedy career really took off between August 2015 and August 2016, when he earned an impressive $90 million. Hart’s movie career was catching fire; he was touring and earning endorsements at that time.
The following several years would also prove to be very fruitful for Kevin Hart’s net worth.
Time Period | Pay |
---|---|
August 2015 to August 2016 | $90 Million |
June 2017 to June 2018 | $60 Million |
June 2018 to June 2019 | $60 Million |
June 2019 to June 2020 | $40 Million |
Total Pay | $250 Million |
2015 was especially fruitful for Kevin Hart thanks to his wildly successful What Now? Tour brought in $70 million or $1 million per performance, according to Forbes. That was also the year that The Wedding Ringer debuted. Kevin Hart’s star was rising, and he quickly rode the momentum over the next five years.
2017 was also a great year thanks to the release of two Kevin Hart starring films, Jumanji: Welcome to the Jungle and Captain Underpants.
Kevin Hart was the highest-paid comedian in 2019, according to Forbes, and with $60 million to show for his efforts, it was tied for Hart’s second-best year in terms of earnings.
It’s estimated that Kevin Hart earns around $25 million per movie and $750,000 per stand-up routine in 2023.
Kevin Hart’s Massive Jumanji Sequel Pay
We don’t have a lot of publicly available information about Kevin Hart’s movie salaries; however, the comedian and actor admitted to making around $30 million for the movie Jumanji: The Next Level, which premiered in 2019.
The movie made $801 million in global box office returns, and Hart admitted to being paid 4.7% of the total earnings. The film had a budget of $130 million and an expected profit of around $671 million.
Based on those numbers, Kevin Hart made around $30 million for the sequel.