David Letterman Net Worth: Letterman is an American television host, comedian, writer, and producer who was born on April 12, 1947.
Letterman‘s background was diverse: he graduated from Ball State University in Muncie, Indiana in 1969 and worked as an all-purpose announcer on WLWI in Indianapolis, where he introduced movies and served as a weatherman substitute.
He got his start in stand-up comedy (appearing on Carson's show in 1978) and went on to write and perform on a number of comedy series, including his own NBC morning show, which was a flop.
He was an instant smash in the late-night slot, and his show was a hit for the rest of the 1980s. Letterman later made no secret of his desire to take over the Tonight Show after Carson retired; when NBC granted that job to Jay Leno in 1992, Letterman moved to CBS and launched The Late Show with David Letterman, a competitor to Carson's show.
Since then, he's been a regular on CBS. A new contract with CBS will keep him on the network until 2014 when he will have surpassed Johnny Carson as the longest-serving late-night host.
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How Had David Letterman spent His Early Age?
WBST, Ball State's student-run radio station, employed Letterman as an announcer and newscaster. He was sacked for making caustic and amusing remarks about classical music. He went on to work as a weatherman for an Indianapolis television station after graduation.
On-air, he was noted for his unpredictable behavior and lighthearted humor, such as reporting weather for made-up cities. His family and friends urged him to travel to Los Angeles in 1975 to pursue a career as a comedy writer.
He started doing stand-up comedy at The Comedy Store there. By 1978, he had built a lot of connections through stand-up and was writing and appearing as a guest on various minor acts, TV series, and game shows.
He was considered for the lead part in 1980's Airplane!, but Robert Hays was cast instead.
His cynicism and caustic humor eventually drew the attention of talent scouts for The Tonight Show Starring Johnny Carson, and he swiftly established himself as Carson's favorite comedian and a regular guest on the show.
Carson has always been Letterman's biggest career influence.
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How Was David Letterman's Personal Life?
After physicians noticed a severe blockage in one of his arteries during a regular checkup in January 2000, Dave was sent to the ER for quintuple bypass surgery. He used guest hosts for the show while he was recuperating.
Dave married Michelle Cook his undergraduate sweetheart, in 1968. They divorced in October 1977, shortly after moving to Los Angeles. From 1978 to 1988, he was in a long-term relationship with Late Night producer Merrill Markoe. She is said to have had a significant influence on the evolution of his comedic approach.
Letterman began dating Regina Lasko in February 1986, and the couple's son was born in 2003. The pair married in 2009 and now live in North Salem, New York.
Police discovered a conspiracy to kidnap his son and demand a $5 million ransom in 2005. The scheme involved a house painter who had previously worked for Letterman.
Letterman was threatened with blackmail in 2009 by someone who threatened to divulge his affairs with many female staff members. Letterman verified the allegations and apologized publicly to his wife and colleagues during a segment on his October 5, 2009 show.
Letterman has spoken out about his struggles with alcoholism and anxiety, and he no longer drinks.
How Had David Letterman Worked Upon His Career?
David Letterman hosted late-night television talk shows for 33 years, starting with Late Night with David Letterman on NBC on February 1, 1982, and ending with Late Show with David Letterman on CBS on May 20, 2015.
Letterman hosted 6,080 episodes of Late Night and Late Show, making him the longest-serving late-night talk show host in American television history, surpassing his friend and mentor Johnny Carson.
On TV Guide's 50 Greatest TV Stars of All Time list in 1996, Letterman was ranked 45th. On TV Guide's 50 Greatest TV Shows of All Time list in 2002, The Late Show with David Letterman was ranked seventh.
He is also a film and television producer. Worldwide Pants, his production business, also produced The Late Late Show and other prime-time sitcoms, the most successful of which being Everybody Loves Raymond, which is now in syndication.
Conan O'Brien (his Late Night successor), Stephen Colbert (his Late Show successor), Jimmy Fallon, Jimmy Kimmel, Jon Stewart, and Seth Meyers are among the late-night hosts who have credited Letterman's impact.
Letterman is presently the host of Netflix's My Next Guest Needs No Introduction with David Letterman.
David Letterman's Net Worth
David Letterman has a net worth of $400 million as an American comedian and former late-night talk show presenter. Letterman used to be able to easily earn $50 million per year in licensing and syndication fees, but that figure has decreased in recent years.
David Letterman's Assets
12 real estate properties, 6 cars, and three luxury yachts are among David Letterman's assets. David Letterman's assets portfolio also contains about $15 million in cash reserves. David Letterman also has a $17 million investing portfolio consisting of ten stocks. The following are a few of David Letterman's stock holdings.
Real Estate Ventures
Dave has made a fortune in real estate thanks to his fortune.
He owns a 108-acre mansion in Westchester County, New York (buy price: $5 million for 88 acres in 1994, $5 million for the remainder in 2007); a 2,700-acre ranch near Chateau, Montana; a home on Martha's Vineyard; and a home in St. Barth's. Rahal Letterman Racing, an Indy Racing League team, is co-owned by him.
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David Michael Letterman, an American television personality and comedian, is believed to be worth $425 million. He is the host of CBS's Late Show with David Letterman, which airs late at night. Since the 1982 premiere of NBC's Late Night with David Letterman, he has been a regular on late-night television.
The Late Late Show with Craig Ferguson, as well as reruns of Everybody, Loves Raymond, and The King of Queens, bring in millions of dollars for Ferguson's long-running production firm.