What Is Steve Harvey’s Net Worth?
Steve Harvey, a multifaceted American entertainer, boasts a substantial net worth of $200 million. This impressive figure is a result of his successful careers as a comedian, businessman, award-winning show host, and author. His financial prosperity is significantly driven by his media ventures, including his nationally syndicated radio show, “The Steve Harvey Morning Show,” and his role as the host of popular game shows like “Family Feud” and “Celebrity Family Feud.”
Steve Harvey’s Earnings and Career Highlights
Harvey’s annual income ranges from $40 to $50 million, showcasing his diverse revenue streams. A significant portion of his earnings, approximately $20 million, is attributed to his radio hosting duties. His role as the host of “Family Feud” contributes around $10 million to his yearly income, demonstrating the profitability of his television engagements.
Born Broderick Stephen Harvey on January 17, 1957, in Welch, West Virginia, he later moved to Cleveland, Ohio, where he graduated from Glenville High School in 1974. He then attended Kent State University and West Virginia University. Before finding fame in comedy, Harvey held various jobs, including roles as a boxer, autoworker, insurance salesman, carpet cleaner, and mailman. His foray into comedy began on October 8, 1985, at the Hilarities Comedy Club in Cleveland, Ohio.
During the late 1980s, Harvey experienced a period of homelessness, lasting three years. During this time, he relied on his 1976 Ford as a temporary shelter when performance gigs did not provide accommodation. In 1990, his career trajectory shifted when he became a finalist in the Second Annual Johnnie Walker National Comedy Search, securing him a position as the host of the TV show “It’s Showtime at the Apollo.” He continued to refine his stand-up comedy skills, notably participating in the 1997 Kings of Comedy tour alongside Cedric the Entertainer, D.L. Hughley, and Bernie Mac. This tour grossed $37 million between 1997 and 1998, marking it as one of the highest-grossing comedy tours of all time.
Building on his growing recognition, Harvey secured opportunities such as a starring role on the ABC show “Me and the Boys” (1994), “The Steve Harvey Show” (1996-2002) on the WB network, and “The Steve Harvey Morning Show,” a weekday radio program he has hosted since 2000. He also took on roles in films, including “The Fighting Temptations” (2003) and “Love Don’t Cost a Thing” (2003). In 2006, he released the stand-up special “Steven Harvey: Don’t Trip… He Ain’t Through with Me Yet”.
Harvey’s career evolved beyond stand-up comedy, with his final show taking place on August 2, 2012, at the MGM Grand in Las Vegas, marking the end of his 27-year career as a stand-up comedian. However, he continued to thrive in his other projects, particularly as a host. In 2010, Harvey began hosting “Family Feud,” becoming the longest-tenured host in the show’s history. He also hosts a spin-off, “Celebrity Family Feud.” His reactions to contestants on “Family Feud” have gained notoriety through viral videos on YouTube.
In 2013, Harvey received nominations for both Outstanding Talk Show Host and Outstanding Game Show Host at the Daytime Emmy Awards, becoming the first double-nominated host. In the same year, he received a star on the Hollywood Walk of Fame. In 2015, Harvey hosted the Miss Universe 2015 pageant in Las Vegas and, despite mistakenly announcing the first runner-up as the winner, he continued to host the Miss Universe pageant in 2016, 2017, 2018, 2019, and 2021.
Between June 2017 and June 2018, Steve Harvey earned $45 million from his various endeavors. He earned the same amount between June 2018 and June 2019.
In addition to his hosting and comedy work, Harvey is also an author. In 2009, he released “Act Like a Lady, Think Like a Man,” which inspired the 2012 film “Think Like a Man.” The book spent 64 weeks on the New York Times bestseller list. Other books include “Straight Talk, No Chaser” (2010), “Act Like A Success” (2014), and “Jump: Take the Leap of Faith to Achieve Your Life of Abundance” (2016). In 2014, Harvey launched the dating site Delightful in a joint venture with IAC. He also co-created the show “Little Big Shots” with Ellen DeGeneres in 2016, hosting it until 2019. In January 2022, Harvey began hosting “Judge Steve Harvey” on ABC.
In 2017, Harvey consolidated his business ventures under Steven Harvey Global (SHG), which includes his production company, East One Twelve, and Harvey Events, led by his daughter Morgan and her husband. SHG also owns the rights to international versions of “Family Feud,” with an African version announced for 2020. In 2017, he launched the Sand and Soul Festival, an annual event featuring live music, comedy, and a Q&A session with Harvey.
Steve Harvey’s Real Estate Portfolio
Steve Harvey’s real estate holdings reflect his financial success. In February 2018, Steve and his wife, Marjorie, leased a mansion in the gated community of Beverly Park in Beverly Hills, California. This 12,000-square-foot house, situated on nearly 2 acres, was initially listed for lease at $125,000 per month, but the Harveys negotiated the rent down to $110,000 per month, totaling approximately $1.3 million annually. The property was once listed for sale at $23.5 million in 2007.
Beyond Los Angeles, Harvey owns a 9,000-square-foot mansion in Atlanta, purchased in 2010 for $3.4 million, and a similarly sized mansion on 4 acres outside of Dallas, Texas. In 2013, Steve acquired a 5,500-square-foot house in Chicago on the 88th floor of Trump International, which he sold in 2018 for $7.7 million. In May 2020, Steve expanded his Atlanta real estate holdings by purchasing Tyler Perry’s former mansion for $15 million. This gated, 35,000-square-foot home is located on 17 acres. Tyler Perry had bought the house in 2017, invested millions in renovations, and sold it in 2016 to David Turner for $17.5 million. Turner later sold the home at a $2.5 million loss.
Steve Harvey has been married three times. He is currently married to Marjorie Bridges, whom he wed in 2007. He has a total of 7 children: three from his first marriage, one from his second marriage, and Marjorie’s three children whom he adopted upon their marriage. Together with Marjorie, he founded The Steve and Marjorie Harvey Foundation, which focuses on youth outreach and education. Steve has partnered with Kent State University to provide scholarships and with Walt Disney World Resort for the Disney Dreamers Academy. In 2022, Harvey, along with Chris Tucker, received the “Man in The Mirror” Award, honoring influential individuals who use their platforms for good.