Jerry Seinfeld's net worth tops $1 billion

MONEY & BUSINESS: Jerry Seinfeld’s net worth tops $1 billion



Yada, yada yada … Jerry’s a billionaire!

Comedian Jerry Seinfeld, who created the classic sitcom “Seinfeld” with pal Larry David, is laughing all the way to the bank after his net worth cracked more than $1 billion, according to the Bloomberg Billionaires Index, which valued his wealth for the first time.

The 69-year-old Long Island native has reaped $465 million through syndication deals since the final episode aired in 1998. He made an additional $94 million from selling the streaming rights for all nine seasons of the show to Netflix, Bloomberg reported Friday.

While the show ended with Jerry, Elaine, George and Kramer all sitting in a jail cell, the real-life Seinfeld has remained busy by still occasionally performing his standup act — which has netted him roughly $100 million since the Queens College graduate began touring in the 1980s, according to the estimates.

Jerry Seinfeld is worth more than $1 billion, according to Bloomberg estimates, which found that the 69-year-old sitcom star has earned upwards of $465 million on syndication deals alone. Getty Images for Good+Foundation

Bloomberg’s analysis assumes Seinfeld invested his earnings beginning in 1990. The cash is appreciated in line with the historic performance of the MSCI World Index, the outlet reported.

His real estate portfolio is worth an additional $40 million, which includes his Manhattan residence in the upscale Beresford on the Upper West Side, plus a mansion set on 12 acres in East Hampton, which he purchased from his rocker pal Billy Joel for $32 million in 2000.

“I like money,” Seinfeld told the New York Times in 2012. “But it’s never been about the money.”

Amy Jacobs, a representative for Seinfeld, told Bloomberg that its wealth calculation is “inaccurate,” but declined to provide further details.

The Post has sought comment from Jacobs.

“Seinfeld,” co-created with Larry David, aired in 1989. It’s final season debuted in 1998, but it’s still wildly popular. Netflix bought the global rights to all nine seasons of the sitcom, earning Seinfeld $94 million. AFP via Getty Images

Seinfeld also has a collection of vintage cars, often used in his Netflix series “Comedians in Cars Getting Coffee,” which weren’t included in his overall net worth.

However, auto-enthusiasts website HotCars reported that among the most valuable cars in Seinfeld’s garage are his 1969 Porsche 917K Kurzheck — estimated to be worth $20 million and considered to be one of the most famous race cars of all time.

He also purchased a 1955 Porsche 550 Spyder at auction for $5 million in 2016. It’s just one of 75 the luxury German automaker ever made.

Born in Brooklyn before growing up in Massapequa, Seinfeld has been married for more than two decades to wife, Jessica. They have a daughter and two sons.

Seinfeld owns an apartment in the legendary Beresford on the Upper West Side, where residents also include Meryl Streep, John McEnroe and Helen Gurley Brown. Getty Images

But it was starring as the perennial bachelor on “Seinfeld” with a band of misfit friends in 1990s Manhattan that took the nation by storm — and anchored NBC’s “must-watch” lineup on Thursday nights.

HIs observational humor into the inanities of everyday life became water cooler fodder. The cast included Julia Louis-Dreyfus as Jerry’s ex-girlfriend Elaine, Jason Alexander (based on the real-life David) as neurotic best pal George and Michael Kramer as zany neighbor Kramer.

“These four main characters capture very universal feelings and behaviors that many of us can relate to,” Anthony Tobia, a professor of psychiatry at Rutgers University who uses “Seinfeld” as a tool to teach medical students about personality disorders, told Bloomberg. “They behave in ways we all have the capacity for.”

Among the most audacious episodes was “The Contest” — in which the four characters competed to see which one could go the longest without masturbating. Another involved Jerry getting berated by his parents for making out with a girlfriend he took the movies to watch “Schindler’s List.”

In 2000, Seinfeld purchased this East Hampton mansion from Billy Joel for a cool $32 million. Google Earth

The show’s long list of catch-phrases that seeped into the lexicon include yada-yada, sponge-worthy and George’s famed cry, “Serenity Now!” The airing of grievances during the made-up holiday Festivus has become a staple for “Seinfeld” fans.

“If you watch the show, you will inevitably find yourself frequently saying that something is ‘like a Seinfeld episode,’” Jennifer Keishin Armstrong, author of the book “Seinfeldia: How a Show About Nothing Changed Everything,” told Bloomberg.

Seinfeld is not done making people laugh. He has directed a film, “Unfrosted, the Pop-Tart Story,” which is set to be released on Netflix in May.

The movie reportedly derives from one of Seinfeld’s comedy bits about the toaster pastries. He will also star in the film, alongside Melissa McCarthy, Hugh Grant and Amy Schumer.



Source link


PGlmcmFtZSB3aWR0aD0iNjQwIiBoZWlnaHQ9IjM2MCIgc2Nyb2xsaW5nPSJubyIgZnJhbWVib3JkZXI9IjAiIHN0eWxlPSJib3JkZXI6IG5vbmU7IiBzcmM9Imh0dHBzOi8vd3d3LmJpdGNodXRlLmNvbS9lbWJlZC9CWDhmdW1VR2pRTUQvIj48L2lmcmFtZT4=
THIS IS IT!!!

PGlmcmFtZSB3aWR0aD0iNjQwIiBoZWlnaHQ9IjM2MCIgc2Nyb2xsaW5nPSJubyIgZnJhbWVib3JkZXI9IjAiIHN0eWxlPSJib3JkZXI6IG5vbmU7IiBzcmM9Imh0dHBzOi8vd3d3LmJpdGNodXRlLmNvbS9lbWJlZC9aZ1VnbDRvZHkyeUIvIj48L2lmcmFtZT4=
WATCH THIS!

PGlmcmFtZSB3aWR0aD0iNjQwIiBoZWlnaHQ9IjM2MCIgc2Nyb2xsaW5nPSJubyIgZnJhbWVib3JkZXI9IjAiIHN0eWxlPSJib3JkZXI6IG5vbmU7IiBzcmM9Imh0dHBzOi8vd3d3LmJpdGNodXRlLmNvbS9lbWJlZC8ydEZzdEJzNjFQRTUvIj48L2lmcmFtZT4=
IMPORTANT!

Want The Real News
and join millions of other active users