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Steve Harvey Net Worth: An Unfolding of a Success Story

In an industry filled with many stars, only a few shine the brightest. One of these is Steve Harvey, a renowned American comedian, businessman, and award-winning show host. With an estimated net worth of $200 million, Steve Harvey’s journey of success is indeed a remarkable one, worthy of a standing ovation. 

In this article, let’s uncover how Steve Harvey defied the odds to amass such an astonishing fortune.

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Steve Harvey’s Humble Beginnings

Born Broderick Stephen Harvey on January 17, 1957, in Welch, West Virginia, Steve was no stranger to hardship

His family later moved to Cleveland, Ohio, where he graduated from Glenville High School in 1974. Before embarking on his entertainment career, Harvey held a range of jobs, including being a boxer, autoworker, insurance salesman, carpet cleaner, and mailman.

In his early career, Harvey faced a significant struggle. He was homeless for three years in the late 1980s, sleeping in his 1976 Ford when his comedy gigs did not provide a hotel. Despite these challenges, Harvey persevered and continued his pursuit of a career in comedy.

His Breakthrough in Comedy

In 1990, Harvey was a finalist in the Second Annual Johnnie Walker National Comedy Search. This success led him to host the iconic variety program “It’s Showtime At The Apollo,” where he remained a permanent host for seven years. Harvey’s skill for comedy shone through, and he rapidly gained national fame.

He further established his comedic prowess on the “Kings Of Comedy Tour” with fellow comedians Cedric The Entertainer, D.L. Hughley, and Bernie Mac. This tour became one of the highest-earning comedy tours of all time, grossing $37 million in 1997 and 1998.

The Rise of Steve Harvey

Harvey’s success in comedy opened doors to more opportunities in the entertainment industry. He expanded his empire to include hosting popular television shows like “The Steve Harvey Show,” “Family Feud,” and “Little Big Shots.” 

He also ventured into radio hosting with “The Steve Harvey Morning Show,” which became nationally syndicated.

Plus, Harvey leveraged his fame to write several best-selling books. His debut book, “Act Like a Lady, Think Like a Man,” was a tremendous success and was later adapted into a film titled “Think Like a Man.” Other notable books authored by Harvey include “Straight Talk, No Chaser,” “Act Like A Success,” and “Jump: Take the Leap of Faith to Achieve Your Life of Abundance.”

The Financial Rollercoaster

Despite his success, Harvey’s journey was not always smooth sailing. He faced financial challenges due to a messy divorce and an unscrupulous accountant. Harvey was hit with a $22 million tax bill, which led him to make monthly payments of $650,000 to the IRS for seven years.

However, Harvey’s resilience and determination saw him bounce back from these setbacks. He continued to work on various projects, perform stand-up comedy tours, and pursue entrepreneurial ventures.

Building Steve Harvey Net Worth

Apart from his entertainment ventures, Harvey has also tried his hand at business. He launched the Steve Harvey Global brand, which includes various ventures such as clothing lines, wine production, and a dating website called Delightful. 

The brand is focused on creating and delivering entertaining and motivational content, products, and experiences to audiences worldwide.

Another significant contributor to Steve Harvey’s net worth is his investment in real estate. He owns several luxurious properties, including a $15 million mansion in Atlanta, a $9 million penthouse in Chicago, and a $10 million mansion in Beverly Hills.

Steve Harvey’s Philanthropy

Despite his immense wealth, Harvey is also recognized for his philanthropic endeavors. 

He, along with his wife Marjorie, founded The Steve and Marjorie Harvey Foundation. This foundation focuses on providing educational opportunities to underprivileged children, further showcasing Harvey’s generosity and compassion.

Steve Harvey’s Current Net Worth

As of the latest estimates, Steve Harvey’s net worth stands at an impressive $200 million. He earns roughly $45 million annually, with a significant portion of this income coming from his radio hosting duties and his role as the host of “Family Feud.”

The story of Steve Harvey is one of resilience, hard work, and determination. Despite the challenges he faced, he persevered and climbed his way to the top. Today, Harvey stands as one of the wealthiest entertainers globally.

Steve Harvey Net Worth FAQ

What is Steve Harvey’s age?

Steve Harvey was born on January 17, 1957, making him 67 years old.

What is Steve Harvey’s net worth?

As of 2024, Steve Harvey’s estimated net worth is around $200 million.

How tall is Steve Harvey?

Steve Harvey is 1.85 meters tall.

What is Steve Harvey’s real name?

His first name is not actually Steve. Steve Harvey’s birth name is Broderick Stephen Harvey.