Kevin Hart Net Worth (Money & Salary)

What is Kevin Hart’s net worth?

Kevin Hart boasts a net worth of $450 million as a renowned American comedian, producer, spokesperson, and actor. He ranks among the highest-paid entertainers globally. In a typical year of touring, he generates an easy income of $50 to $60 million from various sources. For instance, from August 2015 to August 2016, Hart earned an impressive $90 million through touring, movies, merchandise, endorsements, and more. Following that, between June 2017 and June 2018, he made $60 million, with another $60 million earned from June 2018 to June 2019. During the next 12-month period, his earnings amounted to $40 million. As we elaborate in the following paragraph, a crucial element contributing to Kevin Hart’s net worth is his significant ownership in HeartBeat, his media company, valued at $650 million as of May 2022.

The journey of Kevin Hart began as a stand-up comedian, performing at clubs and venues throughout the United States. His storytelling style, infused with energetic delivery and relatable humor, quickly attracted a loyal audience.

His rise in fame was propelled further by the launch of his comedy specials, including “I’m a Grown Little Man,” “Seriously Funny,” and “Laugh at My Pain.” These performances highlighted his talent for engaging with audiences through personal narratives and self-deprecating jokes.

Beyond stand-up, Hart has also established a successful career in films. He has featured prominently in several blockbuster 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 for his new media endeavor, HartBeat. The investment, made by the private equity firm Abry Partners, placed HartBeat’s valuation at $650 million. Kevin not only acquired the majority of the $100 million funding but, with that valuation, retains an 85% stake worth approximately $552 million.

Early Life

On July 6, 1979, Kevin Hart was born in Philadelphia, Pennsylvania. He and his older brother Robert were raised by their mother, Nancy, who worked as a systems analyst at the University of Pennsylvania’s 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 relocate to New York City and later the Boston area, where he worked as a shoe salesman.

Career

Kevin Hart ventured into comedy after performing at an amateur night at a club in the Philadelphia area. His debut was at The Laff House in Philadelphia, where initial success was elusive. In fact, he faced the challenge of being booed off stage several times. Early in his career, he attempted to emulate other comedians, like Chris Tucker. Eventually, he recognized that this strategy was ineffective and redefined his act.

In 2009, he embarked on a comedy tour titled “I’m a Grown Little Man,” followed by “Seriously Funny” in 2010, “Laugh at My Pain” in 2011, and “Let Me Explain” in 2013. The latter two were also released as theatrical features. He grossed over $15 million from the “Laugh at My Pain” tour alone, marking it as one of the best-selling comedy tours of that year.

In April 2015, the “What Now?” Tour of Hart commenced in Texas. Later in July of that year, Universal Pictures made the announcement that “Kevin Hart: What Now?” would be released theatrically on October 14, 2016. Following this, he launched the “Irresponsible” tour and its release in 2019, as well as “Zero F**ks Given” in 2020, for which he received a nomination for Best Comedy Album at the 2022 Grammys.

Success

Hart’s initial breakthrough occurred after his performances on Comedy Central with “I’m a Grown Little Man” and “Seriously Funny.” This success opened doors for roles and broader recognition in various films including “The 40-Year-Old Virgin,” “Soul Plane,” and “Little Fockers.” Since that time, he has featured in numerous films and TV shows while also keeping one of the busiest national comedy touring schedules. At this point, his films have collectively brought in over $1.3 billion at the worldwide box office. Additional prominent films to his credit comprise “Jumanji: Welcome to the Jungle” (along with a sequel released in 2019), “The Secret Life of Pets” (which also had a sequel in 2019), “Central Intelligence,” and “Get Hard” alongside Will Ferrell. Hart starred in “Me Time” with Mark Wahlberg in 2022.

In January 2021, Hart entered into a first-look agreement with Netflix. Scheduled for release is the comedy heist film “Lift” in January 2024. Additionally, he appeared in Netflix’s “Fatherhood,” which was made available in June 2021.

Other Ventures

In 2017, Kevin introduced his underwear line in collaboration with Tommy John. Then in 2018, he launched a comedy streaming platform named Laugh Out Loud, which also features a radio show on Sirius Satellite Radio. To this day, the LOL network has achieved hundreds of millions of views on its videos. His endorsements and partnerships encompass major brands such as Samsung, Wrangler, AT&T, Mountain Dew, and PokerStars.

Kevin has partaken in several remarkably prolific comedy tours. His “What Now?” tour included 168 performances worldwide from April 2015 to August 2016. The “Irresponsible Tour” comprised 119 shows from September 2017 through January 2019. During tour years, he earns approximately $70 million solely from touring.

In 2009, Hart established HartBeat Productions. Currently, the organization employs over 40 individuals dedicated to managing Kevin’s film, television, comedy, and radio projects.

With the aim of competing against fast food options, he launched a vegetarian restaurant named Hart House in August 2022, aspiring to create a chain that offers delicious plant-based alternatives. The first location opened in Los Angeles featuring a straightforward menu of veggie burgers and Chick’n products.

Personal Life

From 2003 to 2010, Kevin was married to fellow comedian Torrei Hart, with whom he shares two children, before their separation. Hart sought joint custody for their children, daughter Heaven Leigh born in 2005 and son Hendrix born in 2007. The divorce was finalized in November 2011.

Hart married Eniko Parrish on August 13, 2016, in Santa Barbara, California. Their son, Kenzo Kash, arrived in November 2017. A month after Kenzo’s birth, Hart revealed that he had cheated on Eniko during her pregnancy. Their daughter

In September 2020, Kaori Mai entered the world.

During his standup routine, Kevin has spoken about the challenging dynamics of his relationship with his father. Henry Witherspoon, his father, struggled with severe cocaine addiction for many years, which adversely affected both their relationship and Kevin’s upbringing. Throughout his childhood, his father faced multiple incarcerations. To help his family cope with the difficulties of having an addicted parent, Kevin developed a keen sense of humor. He expresses endearing thoughts about his mother in his acts, though tragically, she passed away from cancer in 2006.

In April 2013, Hart encountered legal troubles when he failed a field sobriety test after nearly colliding with a tanker truck on a Los Angeles freeway. Consequently, he was charged with misdemeanor DUI. Later that year, in August, he received a three-year probation sentence.

August 2019 brought a serious car accident for Kevin, resulting in significant injuries. At the time, he was a passenger in a 1970 Plymouth Barracuda driven by a friend, which veered off a road in Malibu and ended up in a ditch.

As a passionate poker player, Kevin Hart has amassed $47,828 in live tournament earnings as of September 2020.

Kevin Hart Height

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

Real Estate

In 2012, Kevin purchased a home in Tarzana, California, for $1.99 million. He sold this property for $2.75 million in mid-2019. Currently, Kevin resides in an expansive mansion within a gated community in Calabasas, California. In 2015, he acquired a 26-acre undeveloped lot for $1.35 million. Over the following two years, he organized and awaited official approval to construct a residence on the site. He eventually received the green light in April 2017 and invested $5 million to create an exquisite compound, with the main house spanning 9,600 square feet in a Spanish villa style.

Reports in 2021 indicated that Kevin Hart had acquired the adjacent mansion in Calabasas for $7 million, thus elevating his total property holdings to 42 acres within the L.A. suburb.