Kevin Hart is one of the most successful actors and comedians in the world. His trajectory to riches is nothing short of extraordinary and, in the last few years, his fortune has seen quite the meteoric rise. In 2023, Kevin Hart’s net worth most likely exceeds a billion dollars.
Hart is best known for his acting and comedy careers but that’s just a small part of his story. His fortune was built from movies and comedy tours, but also brand endorsements and several highly profitable businesses.
Hart is now one of the most successful entertainers and businessmen the world has ever seen. Let’s dive into his career, net worth, and life story to see what insights we can learn.
Kevin Hart’s Net Worth Breakdown:
Kevin Hart’s net worth has been growing steadily for years, reaching its peak in the last decade. According to Forbes, the actor made about $87.5 million in 2016 alone. This was followed by more highly profitable years, bringing his net worth to what it is today – over a billion dollars.
While we don’t know with certainty how much each of his ventures and gigs contributes to the estimated net worth, we can make our guesses based on information found online.
|Asset or Income Source||Contribution to Net Worth|
|Comedy earnings||$190 million+ (according to Pollstar)|
|Laugh at My Pain tour||$15 million|
|What Now? tour||$70 million|
|Stake in HartBeat Productions (85%)||~$550 million|
|Laugh Out Loud venture||Unknown|
|Hart House restaurant||Unknown|
|Gran Coramino Tequila||Unknown ($50-$100/bottle)|
|Jumanji and Jumanji: Welcome to the Jungle roles||$30 million|
|Other movie appearances||$10-$30 million per role|
|2021 4-movie Netflix contract||Unknown|
|Endorsements & Brand deals||~$15 million in 2023 alone|
|Real estate||$10+ million|
|Car collection||$1.5+ million|
|Total Net Worth||$1+ billion|
Kevin Hart’s Early Life
Kevin Hart was born on July 6, 1979, in Philadelphia to mother Nancy Hart and father Henry Witherspoon. Later in life, we would learn through his standup comedy acts that his father was a drug addict and Kevin was estranged from him for most of his childhood.
His father was frequently in prison throughout Hart’s childhood, while his loving mother, Nancy, died of cancer in 2007. She worked as a systems analyst in the Office of Student Registration at the University of Pennsylvania.
Later in life, Hart would reconnect with his father. He even posted on his Instagram account mourning his father’s death, saying: “Give mom a hug for me… y’all did good man”.
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Now, despite what seems like a very difficult upbringing, Hart has always demonstrated a knack for comedy. He completed his high school education at George Washington High School, and enrolled in the Community College of Philadelphia – but dropped out soon after.
When he dropped out of college, Kevin Hart moved to New York and then to Boston soon after where he would work as a shoe salesman.
As for his personal life, Kevin Hart was married to Torrei Hart between 2003 and 2010, and has two children with her – Heaven Leigh and Hendrix Hart.
In 2016, Hart married Eniko Parrish and had two children with her, Kenzo Kash and Kaori Mai.
Kevin Hart Net Worth: The Impressive Story of the World’s Famous Entertainer
Kevin Hart was always passionate about comedy, and he finally found his way into the industry when he performed on stage at an amateur night in a Philadelphia club called The Laff House.
Even though he wasn’t an immediate success (almost no comedians are), this marked the beginning of a tremendously successful career. Let’s see how he made his fame.
Kevin Hart’s Career in Comedy
When he started his journey in comedy, Kevin Hart was booed off the stage. He was attempting to imitate other comedians, but soon realized his mistake and re-invented his acts.
In 2009 when he did a comedy tour “I’m a Grown Little Man”, things started turning in his favor. He started gathering fans and followed up on it with other tours including:
- “Seriously Funny” in 2010
- “Laugh at My Pain” in 2011
- “Let Me Explain” in 2013
- “What Now?” in 2015
- “Irresponsible” in 2019
- “Zero F**ks Given” in 2020
At this point, his comedy was so successful that some of his tours were added as a feature in movie theatres. According to Forbes, “What Now?” brought him $70 million in 2015 and 2016. “Laugh at My Pain” added $15 million to his net worth alone. “Zero F**ks Given” led to a Best Comedy Album nomination at the 2022 Grammys.
“What Now?” was Hart’s top comedy tour with an attendance of 53,000 people at a single show on August 30th, 2015 when he performed at Lincoln Financial Field, the NFL Philadelphia Eagles stadium.
Kevin Hart as an Actor
Hart started appearing in movies shortly after he started working as a comedian. In 2002 before his successful comedy tours, he appeared in “Paper Soldiers”, his first movie.
In 2004, Kevin Hart acted in “Soul Plane” along with famous rapper Snoop Dogg, followed by his role in “The 40-Year-Old Virgin” in 2005.
To this day, Hart’s movies have generated over a billion dollars at the global box office. He’s had tremendous success on the TV screen. Here are some of his most notable movie appearances:
- “Little Fockers” in 2010
- “Think Like a Man” in 2012 (sequel in 2014)
- “Ride Along” in 2014 (sequel in 2016)
- “Get Hard” in 2015
- “About Last Night” in 2014
- “Central Intelligence” in 2016 (this is where he first met Dwayne “The Rock” Johnson)
- “The Secret Life of Pets” in 2016 (sequel in 2016)
- “Jumanji: Welcome to the Jungle” in 2017 (sequel in 2019)
- “Me Time” in 2022
- “Fatherhood” in 2022
- “Die Hart” in 2021 and “Die Hart 2: Die Harter” in 2023 – TV series
For his work in “Die Hart” and the series sequel, he was nominated for the Outstanding Actor in a Short Form Comedy or Drama Series for an Emmy.
In 2020, Kevin Hart was nominated for another Emmy in the category of Outstanding Unstructured Reality Program for his role in “Kevin Hart: Don’t F**k This Up”.
The enormously successful “Jumanji” and its sequel where he acts with his friend Dwayne ‘The Rock’ Johnson, are two of his most popular movies. He reportedly earned between $25 and $30 million from these two movies alone.
His earnings from movies are not public information, but we can assume that these fall into the range of $10 to $30 million depending on popularity. Some of the most profitable movies are “Jumanji” and its sequel, as well as “The Secret Life of Pets” and its sequel. The latter made over a billion dollars at the box office.
In 2021, Kevin Hart signed a multiyear partnership with Netflix for a total of four feature films that he would produce and star in. The value of the contract is unknown. In 2022, the movie “Fatherhood” was a tremendous success on Netflix with over 74 million views. The second movie “Lift” is scheduled to premiere in January 2024.
Other TV Appearances
In addition to his live performances and comedy tours, Kevin Hart appeared in shows. In 2015, he was part of the “Comedy Central Roast of Justin Bieber”.
A large portion of Hart’s net worth comes from various advertisements and endorsements. Hart is tremendously popular on social media, making his endorsements absurdly valuable. His Instagram account, for instance, counts 179+ million followers as of November 2023.
Over the years, Kevin Hart signed deals with many renowned brands including, but not limited to FableticsMen, Nike, Hyundai, Old Spice, Tommy John, and Mountain Dew. He also appeared in advertisements for Sirius XM, DraftKings, and Chase.
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According to Equityatlas.com, Hart earned about $15 million from endorsements in 2023. If anything, this is likely an underestimate. His peer, Dwayne Johnson, reportedly charges $1 million per Instagram post though his following is about twice the size of Hart’s.
Other Investments and Business Ventures
Kevin Hart earns millions from his TV appearances and work as a comedian, as well as his endorsements. However, a majority of his net worth is likely derived from his business investments.
He also has millions in his real estate portfolio and a very rich luxury car collection. Let’s dig into his remaining investments.
Investments and Business Ventures
The American comedian is not just a star on the screens and the scenes – he’s also a very successful entrepreneur with diverse investments in businesses.
HartBeat Productions (and HartBeat Ventures)
In 2009, Kevin Hart started HartBeat, a multi-medium media production house centered around the intersection of culture and comedy that would later turn into his best investment ever.
In 2022, HartBeat received a 100 million investment from Abry Partners, a private equity firm. Abry Partners estimated the brand’s value at $650 million and, since Hart has an 85% stake in HartBeat, his holdings in the business now translate to over $550 million, adding the biggest piece to the celebrity’s net worth.
Kevin Hart’s HartBeat Ventures is another branch of this business. The company is focused on wellness, media, technology companies, and lifestyle. Some of the businesses in the portfolio of HartBeat are Moonpay, Path Water, Hydrow, and GoPuff.
While this marks his best venture, it’s far from the only thing Kevin Hart invests in.
In 2022, Hart opened a plant-based restaurant called Hart House. The restaurant is based in Los Angeles and to date, it has spread across four locations in the city. The first Hart House outlet opened in Westchester, followed by its flagship outlets on Highland Avenue and Sunset Boulevard.
Laugh Out Loud Network
Another Hart startup venture is his Laugh Out Loud or LOL Network, the digital platform that helps stand-up comics produce quality content. He opened this business in partnership with media giant Lionsgate in 2017.
The idea behind this business was to find talented comedians who struggle to find their way to fame. Over the years, LOL has discovered and popularized multiple talented comedians and has won many awards for its work, including the ones from Producer’s Guild and Critic’s Choice Awards.
Kevin Hart, like many other massive celebrities, owns a premium liquor brand named Gran Coramino that makes high-quality tequila. This venture sells tequila bottles priced between $50 and $100 a bottle.
Hart opened the tequila business with Juan Beckman, a renowned producer of the beverage in 2022. Most recently, his label signed a partnership with the Philadelphia Eagles and became the team’s official tequila.
A few years after forming his tequila brand, Hart continued his streak in the beverage industry by creating a supplement brand called VitaHustle. VitaHustle is a vitamin and protein supplement business that sells breakfast and snacks made with natural food.
In 2012, Kevin Hart bought a house in Tarzana, California for $1.99 million, but he sold this property in 2019 for $2.75 million. Today, he lives in Calabasas, California in a stunning home he built for $2 million to $5 million in 2017. He bought the land for his property for $1.35 million in 2015 and waited for building approvals for nearly two years. His house today is spread across 9,600 square feet.
In 2021, Hart decided to buy yet another property neighboring his home in Calabasas. He bought this house for $7 million, which expanded his total property to 42 acres in total!
Today, the total estate with both houses is easily worth over 10 million dollars.
Kevin Hart is a big fan of luxury vehicles and sports cars that he likes to flaunt on social media. His car collection is worth over $1.5 million today. Here is what it includes:
- Maserati GT Sport worth $110,900
- 1996 Pontiac GTO worth $100,000
- Ferrari 488 GTB worth $420,000
- Ford Mustang GT 500E worth $150,000
- Mercedes-Benz SLS AMG Black Edition worth over $500,000
What Can We Learn From Kevin Hart’s Success?
In dissecting the success of Kevin Hart, it becomes clear that his journey is impressive – to say the least. He laid the foundation for success doing something he loved – comedy. In his act, he would often mention that he used comedy as a way to cope with his difficult childhood.
This proves that, even if life is hard, you can use your experience as a way to move forward and, in his case – build tremendous wealth and fame, even! In fact, his hardships likely helped him on his path to tremendous success as they taught him how to work hard and focus on what you love doing.
While comedy laid the foundation for his success, Kevin Hart didn’t stop there and expanded his success to acting, investing, and entrepreneurship. His story is a testament to the value of taking risks and exploring new avenues, even when you’re already successful in one area.