Net Worth Ranker
What Is Cedric the Entertainer Net Worth?
Cedric the Entertainer, a multifaceted American actor, comedian, director, and game show host, has amassed a considerable net worth estimated at $25 million. His journey to this financial standing is rooted in a long and successful career spanning stand-up comedy, television, film, and hosting roles. Starting in stand-up, he cultivated a reputation for engaging storytelling, which paved the way for his transition into television and film.
One of his most notable early roles was on “The Steve Harvey Show,” where he played Cedric Jackie Robinson. This role helped establish him as a comedic presence on television. Later, he further cemented his reputation with the “Kings of Comedy” tour alongside Steve Harvey, D.L. Hughley, and Bernie Mac. The tour’s success led to a film adaptation, “The Original Kings of Comedy,” directed by Spike Lee, where Cedric starred as himself.
Beyond stand-up and television, Cedric has been part of numerous films, including the “Barbershop” series and “The Neighborhood.” He has also ventured into hosting, taking the reins of shows like “Who Wants to Be a Millionaire,” further diversifying his income streams. These varied roles collectively contribute to his overall net worth.
Early Career and Rise to Prominence
Born Cedric Antonio Kyles on April 24, 1964, in Jefferson City, Missouri, Cedric’s early life laid the groundwork for his future success. He received a communications degree from Southeast Missouri State University. Before dedicating himself fully to comedy, Cedric worked as a State Farm insurance claims adjuster and substitute high school teacher, showcasing his diverse skill set and work ethic early on.
In 1995, Cedric secured his first acting role as The Cowardly Lion in “The Wiz” at the Apollo Theater in New York. His role as Cedric Jackie Robinson on “The Steve Harvey Show” brought him widespread recognition, opening doors to numerous film opportunities. These included appearances in “Ride” (1998), “Serving Sara” (2002), and “Barbershop” (2002), each contributing to his growing financial portfolio.
His involvement in Spike Lee’s “The Original Kings of Comedy” (2000), where he played himself, further boosted his profile. Although his sketch comedy show, “Cedric the Entertainer Presents,” was short-lived, his HBO comedy special, “Cedric The Entertainer: Taking You Higher,” kept him in the public eye. His transition into television hosting, including “It’s Worth What?” (2011) and “Who Wants to Be a Millionaire” (2013-2014), added another dimension to his career.
From 2012 to 2016, Cedric starred in the television series “The Soul Man,” which ran for five seasons. This role not only showcased his acting abilities but also provided a steady income stream. Each of these projects played a crucial role in shaping Cedric the Entertainer’s net worth over the years.
Ventures and Assets
Cedric has ventured into various projects beyond acting and comedy, including publishing the book “Grown-A$$ Man.” He also appeared in the 2003 video game Tiger Woods PGA Tour 2004 and contributed comedic interludes to Nelly’s album “Country Grammar” (2000) and Jay-Z’s “The Black Album” (2003). These endeavors, although perhaps smaller in scale, contribute to his diverse revenue streams.
In 2005, he served as the lead comedian at the White House Correspondents Dinner, further solidifying his position in the entertainment industry. Cedric also owns the production company Bird and a Bear Entertainment, through which he made his directorial debut with the direct-to-DVD release “Dance Fu” (2010). This film was independently produced and funded by his company, demonstrating his entrepreneurial spirit.
Cedric’s real estate holdings also contribute significantly to his net worth. In February 2004, he purchased a 10,000-square-foot mansion on 4.63 acres in Chatsworth, California, for $2.95 million. Today, this property is estimated to be worth between $5 million and $7 million. Additionally, he owns a 6,500-square-foot home in Studio City, California, acquired in May 2019 for $2.75 million, now valued at around $4 million. In his home state of Missouri, Cedric owns a 5,300-square-foot home in Florissant, worth approximately $600,000 today.
While specific details about his personal investments, ownership of private jets, or luxury cars are not publicly available, his real estate assets provide a tangible representation of his financial success. His active involvement in his community through the Cedric the Entertainer Charitable Foundation Inc., which provides scholarships to graduating seniors from his high school, also underscores his commitment to giving back.
