Stephen Colbert’s Net Worth and How He Made His Money

One of the benefits of democracy and freedom of the press is the platform it gives comedians like Stephen Colbert to mock a sitting president and get away with it. It is an opportunity that Colbert has used brilliantly and extensively, enough to shoot him to the top among late-night show hosts in ratings and net worth.

Stephen Colbert, a man who made his name on the satire show, The Colbert Report, has become one of America’s most influential figures. His ability to bring levity to America’s political discourse has not only made him one of the country’s prominent figures but also one of its wealthiest.

Here is how much Stephen is worth, along with details on how he made his money.

Stephen Colbert’s Net Worth

The Late Show with Stephen Colbert host has a net worth of $60 million. He has achieved his wealth in more than three decades in the entertainment industry, working at various levels. Studied initially to be a dramatic actor, he found his way to comedy in the early days of his career. He made not only a widely appreciated career out of it, but also achieved an enviable net worth that has made him a multi-millionaire.

How He Made His Money

Fans of The Late Show with Stephen Colbert would be familiar with stories of Stephen’s years as a broke aspiring actor/comedian. It is a tale he has happily shared with his ever-energetic audiences, especially when his friend and mentor, Jon Stewart, comes on the show.

Around 1994, the late-night host was struggling to gain his footing in the industry financially, until he got an opportunity to work on the sketch comedy show, Exit 57 which started a path that eventually led to him sitting on the most coveted chair in late-night television – CBS’ The Late Show.

He spent a year working on Exit 57 before the show ended and later joined The Dana Carvey Show as a cast member and writer. The show did not last on-air and after seven episodes, it was canceled.

READ   Justin Timberlake - Age, Net Worth in 2020 & Wife

Before he eventually joined The Daily Show, he worked as a freelance writer for Saturday Night Live and on VH1 and MTV as a script consultant. Bouncing from job to job was not great for Stephen Colbert’s net worth, as he was unquestionably struggling financially at the time.

However, in 1997, he got a turnaround in his fortune when he was hired to join The Daily Show. While he was an unknown name when he joined the show, by the time he left, he had become one of the most popular comedians on television. He won three Emmys during his time on the show.

His reputation for his work on The Daily Show eventually got him his first TV show, The Colbert Report, in 2005. Stephen Colbert’s salary on the show at the early stage is unknown, but in the last years of the show, he made up to $6 million per year, making it the first significant boost in his net worth.

The Colbert Report was on air between 2005 and 2014, during which he had firmly established himself as one of America’s comedy TV stars.

He began hosting The Late Show with Stephen Colbert in January 2015, earning a reported $4.6 million per year in his first three years on the show. Just as he made very little during the show’s early years, so did the show struggle to gain a footing.

Stephen Colbert's Net Worth
Stephen has made a lot of money criticizing Donald Trump

However, following the election of Donald Trump, Stephen Colbert found his comedic groove, and with it, an increase in salary up to $15 million per year. He reportedly got a salary bump when he signed a three-year contract extension to August 2023.

READ   The 25 Richest Comedians In The World And Their Net Worth
READ   Revelations About Pablo Escobar And Details About His Family

Via his huge salaries, Stephen Colbert has earned $60 million in net worth.

See Also: What is Jimmy Kimmel’s Net Worth and How Rich is He Compared to Other Late Night Hosts?

Stephen Colbert’s Other Sources of Income

Aside from his work on late-night TV and comedy shows, Stephen Colbert earned part of his net worth via acting. He has appeared in films like The Love Guru, Monsters vs. Aliens, Strangers with Candy, Mr. Peabody & Sherman, and many more. Colbert has also appeared as a guest actor in several scripted comedy and drama series.

He is also a published author of five books, including I Am a Pole (And So Can You!), I Am America (And So Can You!).

Adeola Seun
Adeola Seun
Seun is a CCNA certified graduate of FUTA. He has been writing on various subjects that include finance, economics, celebrity net worth, lifestyle, biographies and politics for over 7 years, Other than writing, he enjoys movies, video games, and sports

Recommended

Tyga – Net Worth in 2020, Relationship With Kylie Jenner & Blac Chyna

What is Tyga's net worth? Tyga is one of the uniquely talented rappers in the international music scene. In 2017, the star and media personality...

50 Cent – Net Worth in 2020, Music Success & Romantic Relationships

What is 50 Cent's net worth? Curtis James Jackson III, popularly known as 50 Cent, is a rapper, actor, investor, and entrepreneur. 50 Cent has...

Mariah Carey – Musical Success, Husband & Family Members

Mariah Carey is an American singer, songwriter, record producer and actress. Over the long haul of her music career, she has established her talent...

All The ‘Hell’s Kitchen’ Winners – Where Are They Now?

Since Fox Television brought Hell’s Kitchen to our screens in 2005, giving Americans a taste of the excellence of international chef, Gordon Ramsay, it...

Tom Brady – Net Worth in 2020, NFL Career & House

What is Tom Brady's net worth? Tom Brady is an American football quarterback who plays for NFL's New England Patriots. Read on to discover how...

The Highs and Lows of Rob Dyrdek’s Career Pursuits, Net Worth and Facts About His Wife

Many people subscribe to the belief that pro athletes only boast of physical talents without much intellectual capabilities. However, if there is one person...

Soulja Boy – Net Worth in 2020, Height & Girlfriend

What is Soulja Boy's net worth? Drama King and former Love & Hip Hop show star, Soulja Boy is well known for his talent and...

Wiz Khalifa – Net Worth in 2020, Height & Relationship With Amber Rose

What is Wiz Khalifa's net worth? Born Cameron Jibril Thomaz, Wiz Khalifa is an accomplished American rapper, songwriter and actor. A well-versed international rapper, Khalifa...

More From Justrichest

Inside Jay Leno’s Massive Car Collection, Net Worth & Family Life

Jay Leno is without doubt, one of the finest and most mature entertainers America has ever produced. A multiple award-winning stand-up comedian, writer, TV...

12 Biggest and Most Expensive Homes of Extravagant Footballers In 2020

The huge and decent earnings of footballers grant them the audacity to exemplify lavish spending and also enable them to sustain every aspect of...

Jessica Nigri Net Worth: How Much Money Does The Cosplayer Make?

Jessica Nigri is a well-known American cosplayer. For the benefit of those who don’t know, Cosplay is derived from the words costume and play....

20 Strongest and Most Powerful Currencies in The World (Updated 2020)

According to World Atlas, there are 180 currencies in circulation that are recognized by the United Nations across the wide world and these are...

Featured Today

Fascinating Facts About Nicole Hocking’s Family and Her Relationship With Luke Combs

Luke Combs' country music career took off in 2014 but, already, many analysts are predicting that he is the next big thing to happen...

Who is Zack Snyder’s Daughter Autumn Snyder and Why Did She Commit Suicide?

It could be hard to understand why someone would ever take their own life; leaving their family and loved ones to suffer in a...

What Is Wrong With Barron Trump, Is He Really Autistic? Where Is He Now?

Autism is prevalent and can affect people of all ethnic, racial and socioeconomic groups. The disorder, which limits a person's ability to relate and...

Who Is Sandra Otterson? Her Personal Wealth, Life and Quick Facts

American adult star, Sandra Otterson, currently based in Arizona, USA has is worth about $5 million. Background and Career Sandra Otterson, popular with the name ‘Wifey‘...

Related Stories