Larry David Net Worth: A Closer Look Into Comedian’s Life, Career, & Lifestyle in 2022!

Larry David Net Worth

Larry David Net Worth

Comedian Larry David is also a playwright and screenwriter, as well as a director and producer of television shows. Larry David has a net worth of $400 million at the time of this writing. “Seinfeld” and “Curb Your Enthusiasm” are two of his best-known works. Since 1989, Larry has maintained a popular comedy act through these two productions.

Due to his ownership part in the backend syndication royalties generated by “Seinfeld,” Larry has accumulated the majority of his wealth. Larry and Jerry Seinfeld each held 15% of the show’s backend stock by the time it was sold into syndication. There will be a lot more on this in the piece.

Childhood

To Rose and Mortimer “Monty” David, Larry was born on July 2, 1947 in Brooklyn, New York. Ken is his older brother. His ancestors hail from a Jewish background. Sheepshead Bay High School and the University of Maryland were also stops on Larry’s education journey. He was a member of the Tau Epsilon Phi fraternity while attending college. He discovered in college that simply by being himself, he had the ability to make others laugh. A history major, he finished with a bachelor’s degree from the university.

At the same time as serving in the Army Reserve, David worked as a cashier at an appliance store, as well as driving limousines at night as a stand-up comic. On ABC’s “Fridays” sketch show from 1980 to 1982, he was a writer and cast member. From 1984 to 1985, he worked as a writer for “Saturday Night Live.” Only one of his sketches from “SNL” aired during his stay on the show: at 12:50 AM, the show’s final time slot. Michael Richards and Julia Louis-Dreyfus were two of his co-stars on “Fridays” and “SNL.”

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Seinfeld’s Creation

It was in 1989 that Larry and Jerry Seinfeld collaborated to produce a pilot for NBC called “The Seinfeld Chronicles.” Eventually, the show’s moniker was simplified to just “Seinfeld.” “Seinfeld” was co-created and produced by Larry. 180 episodes were aired during the show’s run from 1989 to 1998. On “Seinfeld,” he penned 62 episodes, including the cult classic “The Contest.” His efforts on the show earned him two Primetime Emmy Awards in 1993: one for “The Contest,” which he co-wrote, and another for “Outstanding Comedy Series,” which he also wrote. “TV Guide’s” list of the 50 greatest shows of all time includes Seinfeld, one of the most popular shows of all time. Television critics at “Entertainment Weekly” placed it in the top three.

When Curb Your Enthusiasm was created

For his role in the HBO comedy “Curb Your Enthusiasm,” David, playing a fictitious version of himself, acquired much more fame. Since the pilot episode in 1999, David has written or co-written every episode of the show. The show has received 30 Primetime Emmy Award nominations. Emmy and Golden Globe Awards have both been given to the show. The sitcom made its network television debut on Wednesday, June 2, 2010, when it aired on the “TV Guide Network”. It was announced that the show would return for a tenth season in 2020.

Earnings from Larry David’s “Seinfeld” Syndicate

Because of his role in the hugely popular “Seinfeld,” Larry has amassed a sizable fortune, as one might expect. Larry and Jerry had 7.5 percent of the show’s backend equity points from the start. In the mid-1990s, when the programme was at its height of popularity, the two actors struck an agreement with NBC that increased their percentage points to 15% each.

In addition, Larry and Jerry bought out an equity owner who was wanting to exit the business, which contributed to the company’s growth. In 1998, the show was syndicated for the first time. With the initial deal, Larry and Jerry made $1.7 billion in profit, which amounted to a $250 million windfall each. Syndication, DVD sales, merchandise, and other platform royalties bring in an average of $40-50 million every year for him.

This number can be significantly higher in some years. After Hulu paid $180 million to acquire Seinfeld’s streaming rights in 2015, Larry earned a total of $80 million, giving both Larry and Jerry an additional $30 million. Seinfeld has made almost $4 billion in syndication money in the last two decades, or around $17 million per episode. There are currently at least $800 million in “Seinfeld”-related earnings for Jerry and Larry as of this writing.

Larry and Jerry each made $75 million when “Seinfeld” was purchased by Netflix in September 2019 for $500 million.

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Personal Life

David married Laurie Lennard on March 31, 1993. Cazzie Laurel (born May 10, 1994) and Romy March, their children, are their pride and joy (born March 2, 1996). On July 13th, 2007, Laurie David filed for divorce from her husband, citing irreconcilable differences and asking for joint custody of their two girls.

PBS’s “Finding Your Roots” established in the summer of 2017 that David and Bernie Sanders are distantly related through genealogical study. “A third cousin or something,” Sanders explained to the audience as his relationship to the comic. Since 2015, David has been on “Saturday Night Live” as Bernie Sanders, and this was quite a coincidence.

As an atheist, David thinks religion is a joke.

Salary and Earnings

After his 2007 divorce from ex-wife Laurie, Larry’s fortune took a significant knock. When Larry and Laurie divorced, it was stated that Larry gave Laurie half of his personal wealth as a settlement. Eventually, this led to a settlement of $200-300 million dollars, which includes potential syndication money from “Seinfeld” and “Curb Your Enthusiasm.”

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Assets

Larry David’s Pacific Palisades home sold for $12 million in 2014. There are seven bedrooms and 10 bathrooms, including a master suite with a private deck overlooking the beach, a grassy lawn, and a pool in the home’s backyard. As well as the main house, there’s also a separate guest house with a huge kitchen and dining area. He still owns a $10.35 million property in the same neighborhood he bought in 2006. He has at least two Palisades properties.

Larry bought a house in Montecito, California, for $5.7 million in February 2022.

Martha’s Vineyard is where he purchased his first home in 2004.

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Mary

I'm a researcher and behavioural therapist with a PhD in Social Media. I also love to travel and drink coffee. Follow my adventures around the world, or just know that I really need to be back at the library.