Kevin Hart Net Worth (Money & Salary)

What is Kevin Hart’s net worth?

With a net worth of $450 million, Kevin Hart is a prominent American actor, comedian, spokesman, and producer. He ranks among the highest earners in the entertainment industry worldwide. Annually, during a typical touring season, he can generate between $50 and $60 million from various revenue streams. For instance, from August 2015 to August 2016, Kevin amassed $90 million through touring, films, merchandise, endorsements, and other sources. His earnings continued, with $60 million made between June 2017 and June 2018, followed by another $60 million from June 2018 to June 2019, and finally $40 million in the subsequent year. As discussed in the following paragraph, a key factor in Kevin Hart’s net worth is his significant ownership in his media company, HeartBeat, valued at $650 million as of May 2022.

Kevin Hart’s journey began in stand-up comedy, with performances in various clubs and venues throughout the United States. His storytelling approach, lively performance style, and relatable humor quickly earned him a loyal fan base.

His fame escalated with the debut of his comedy specials, including “I’m a Grown Little Man,” “Seriously Funny,” and “Laugh at My Pain.” These specials highlighted his knack for engaging with audiences via his personal stories and humor centered around self-deprecation.

Beyond stand-up, Hart has also made a significant impact in the film industry. He has starred in many successful movies, such as “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, provided by the private equity firm Abry Partners, valued HartBeat at $650 million. Kevin not only received the majority share of this investment but, based on that valuation, his remaining 85% share is worth $552 million.

Early Life

Born in Philadelphia, Pennsylvania, on July 6, 1979, Kevin Hart was raised by his mother, Nancy, along with his older brother Robert. Nancy worked as a systems analyst for the University of Pennsylvania in the Office of Student Registration and Financial Services. Hart completed his education at George Washington High School and briefly attended the Community College of Philadelphia before dropping out to pursue opportunities in New York City and later in the Boston area, where he worked as a shoe salesman.

Career

After participating in an amateur night at a club in the Philadelphia area, Hart discovered his passion for comedy. His initial performances took place at The Laff House in Philadelphia, where he did not achieve immediate success and experienced being booed off stage several times. Early in his career, he attempted to emulate other comedians, such as Chris Tucker, but soon recognized that this approach was ineffective and began to refine his own material.

In 2009, Hart kicked off his comedy tours with “I’m a Grown Little Man,” which was followed by “Seriously Funny” in 2010, “Laugh at My Pain” in 2011, and “Let Me Explain” in 2013. The latter two tours were also adapted into feature films. From the “Laugh at My Pain” tour alone, Hart grossed over $15 million, making it one of the highest-grossing comedy tours of the year.

In Texas, Hart began his “What Now?” Tour in April 2015. Later that year, in July, Universal Pictures revealed that “Kevin Hart: What Now?” would be released in theaters on October 14, 2016. He then proceeded with the “Irresponsible” tour and its release in 2019, followed by “Zero F**ks Given” in 2020, for which he earned a nomination for Best Comedy Album at the 2022 Grammy Awards.

Success

Hart achieved his initial success following his appearances on Comedy Central with “I’m a Grown Little Man” and “Seriously Funny.” This led him to secure roles in various films, gaining broader recognition in works like “The 40-Year-Old Virgin,” “Soul Plane,” and “Little Fockers.” Since then, Kevin has featured in numerous movies and TV shows while keeping one of the busiest national comedy touring schedules in the industry. As of now, his films have produced over $1.3 billion in global box office revenue. Other significant films include “Jumanji: Welcome to the Jungle” and its 2019 sequel, “The Secret Life of Pets” (with a sequel also released in 2019), “Central Intelligence,” and “Get Hard,” alongside Will Ferrell. He starred with Mark Wahlberg in “Me Time” in 2022.

Hart entered into a first-look agreement with Netflix in January 2021. The comedy heist movie “Lift” is set to debut in January 2024. Additionally, he starred in the Netflix film “Fatherhood,” which premiered in June 2021.

Other Ventures

In 2017, Kevin introduced an underwear line in collaboration with Tommy John. A year later, in 2018, he launched a comedy streaming platform named Laugh Out Loud, which also features a radio show on Sirius Satellite Radio. So far, the LOL network has amassed hundreds of millions of video views. He has partnership deals and endorsements with various brands, including Samsung, Wrangler, AT&T, Mountain Dew, and PokerStars.

Kevin has undertaken several highly productive comedy tours. His “What Now?” tour included 168 shows across the globe from April 2015 to August 2016. The “Irresponsible Tour” featured 119 shows from September 2017 to January 2019. During a tour year, he generates approximately $70 million from touring alone.

In 2009, Hart established HartBeat Productions. Currently, the company employs over 40 staff members responsible for managing Kevin’s productions in film, television, comedy, and radio.

In August 2022, he opened a vegetarian restaurant named Hart House, aiming to establish it as a chain that would compete with fast food offerings while providing appetizing plant-based alternatives. The first location debuted in Los Angeles with a straightforward menu featuring veggie burgers and Chick’n products.

Personal Life

From 2003 to 2010, Kevin was married to comedian Torrei Hart. The couple had two children together but eventually parted ways. Hart sought joint custody of their two kids: daughter Heaven Leigh, born in 2005, and son Hendrix, born in 2007. Their divorce concluded in November 2011.

On August 13, 2016, Hart wed Eniko Parrish in Santa Barbara, California. Their son, Kenzo Kash, was born in November 2017. A month following Kenzo’s arrival, Hart confessed to infidelity during Eniko’s pregnancy. Their daughter

In September 2020, Kaori Mai was welcomed into the world.

Kevin has shared during his standup routines the challenges he faced in his relationship with his father. His father, Henry Witherspoon, struggled with a severe cocaine addiction for years, which negatively impacted their relationship and Kevin’s formative years. Throughout his childhood, his father was frequently incarcerated. To cope with the difficulties arising from having an addict father, Kevin cultivated his sense of humor, aiming to lift his family’s spirits. He fondly recalls his mother during his act; however, tragedy struck when she succumbed to cancer in 2006.

In April 2013, Kevin faced legal trouble when he failed a field sobriety test after narrowly avoiding a collision with a tanker truck on a freeway in Los Angeles. As a result, he was charged with misdemeanor DUI. By August of that same year, he received a sentence of three years probation.

In August 2019, Kevin found himself in a serious car accident that resulted in significant injuries. He was the passenger in a friend’s 1970 Plymouth Barracuda when it veered off a Malibu road and into a ditch.

Kevin Hart has a passion for poker, and by September 2020, he had accumulated $47,828 in winnings from live tournaments.

Kevin Hart Height

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

Real Estate

In 2012, Kevin made an investment of $1.99 million in a house located in Tarzana, California. He later sold this home in mid-2019 for $2.75 million. Currently, Kevin resides in an expansive mansion situated within a gated community in Calabasas, California. In 2015, he acquired a 26-acre undeveloped plot for $1.35 million. Over the next two years, he developed plans and awaited approval to construct a home on that land. Finally, in April 2017, he received the necessary approval and proceeded to invest $5 million in creating a magnificent compound, including a primary house that spans 9,600 square feet and is designed in the Spanish villa style.

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