What Is Adam Sandler Net Worth In 2020?
Adam Sandler Net Worth
|Net Worth:||$420 Million|
|Salary:||$20 Million Per Movie|
|Date of Birth:||Sep 9, 1966 (53 years old)|
|Height:||5 ft 9 in (1.77 m)|
|Profession:||Screenwriter, Film Producer, Actor, Television producer, Comedian, Musician, Songwriter, Voice Actor|
|Nationality:||United States of America|
Adam Sandler net worth In 2020
salary and career earnings: Adam Sandler is an American actor, comedian and producer who has a net worth of $420 million. He first rose to national fame as a cast member on Saturday Night Live before making the jump to Hollywood. At various points during his career, Adam has been the highest-paid entertainer in the world. To this day he easily makes $50 -60 million per year from his various endeavors. That’s enough to make him one of the richest actors in the world, but he’s still a long ways from being one of the richest people in the world!
Adam Sandler Early Life
Adam Sandler was born on September 9, 1966 in Brooklyn, NY. The family moved to Manchester, New Hampshire when Adam was six years old. He attended New York University’s Tisch School of the Arts, where he graduated in 1988. Adam started acting professionally before graduating, making cameo appearances in The Cosby Show and on the MTV game show Remote Control. After graduating he started landing sporadic film roles in movies like 1989’s Going Overboard.
Around this time he began performing standup comedy around the country. He was noticed by Saturday Night Live Weekend Update anchor Dennis Miller after a performing in Los Angeles. Miller recommended Sandler to SNL creator/executive producer Lorne Michaels. In 1990 Adam was hired as a writer on SNL. He joined as a cast member the following year and soon became famous for a variety of characters.
In the off season, Adam continued to appear in films. He appeared in the 1993 movie Coneheads and the 1994 movie Airheads. In 1995 he starred in what was his first starring venture, the soon-to-be-classic Billy Madison. Billy Madison was a surprise hit, making $26 million on a budget of $10 million.
Also in 1995, Adam and cast mate Chris Farley were both fired from SNL. It was unexpected and unexplained by the producers, but on the plus side, they were freed up to pursue film careers full-time.
Over the next decade, Adam appeared in a number of additional soon-to-be-classic Sandler comedies including Happy Gilmore, The Wedding Singer, The Waterboy, Big Daddy, Little Nicky, Mr. Deeds, 50 First Dates and The Longest Yard, to name just a few. He also transitioned away from comedy with roles in movies like Spanglish and Punch-Drunk-Love.
Adam wrote and produced many of these films as well.
Through his Happy Madison Production company, Adam has produced several movie that he did not appear in at all, notably franchises for friends Rob Schneider, David Spade and Nick Swardson.
25 years today and yet the jury’s still out: shampoo or conditioner?
Love, Billy. pic.twitter.com/JbwWWN5fsm
— Adam Sandler (@AdamSandler) February 10, 2020
Saturday Night Live may have been Sandler’s big break, but it wasn’t where he peaked. He’s been on a steady rise since then and continues to do what he loves. While he was out of a job after being fired from SNL, he came up with the idea for Happy Gilmore, which was loosely based on a friend from childhood. Happy Gilmore, and to a lesser extent perhaps, Billy Madison, have become cult classics, yet don’t even rank in the top ten of his highest grossing films.
Sandler has gone on to make almost 30 more feature films since then, all raking in a lot of money for him, and the studios. The movie in the tenth spot, of the aforementioned list of highest grossing Adam Sandler movies, made almost $215 million at the box office, globally. And of course, that doesn’t include merchandise, DVD sales, etc. His top grossing movie worldwide, Hotel Transylvania 3, has grossed over $527 million worldwide, and his all-time box office gross is over $3 billion.
So, what might have been the peak for some people’s careers, working for Saturday Night Live, it was just a small stepping-stone for Sandler. His gateway to wealth really began after that and these days he makes, on average, $25 million plus a percentage of gross revenues for each movie he does.
In 2017 he renewed a contract with Netflix for $250 million to make four original movies for them. So, while critics may pan his writing and performances, audiences around the world love to watch said performances. With over 2 billion hours watched on Netflix of his movies, we have no doubt that he will continue to win audiences over with his unique style of humor.
On His Way to a Billion Dollars
While Adam Sandler may not be a billionaire yet, that’s not to say that he won’t get there. If he continues to be a favorite of Netflix execs, we will probably see him renew that contract once again. He’s still relatively young, so we’re sure he has many funny years ahead of him, where he can also continue to make smash hits for other studios as well. Not to mention the residuals that come in for him, or any merchandise, music sales, etc.
Sandler also continues to hit the road doing stand-up comedy and has a special on Netflix, outside of his massive $250 million movie deal. His tour is currently postponed, but dates that had to be cancelled will be rescheduled, so he’s going to continue to be on the road for a bit.
Salary Per Movie
Today Adam Sandler is probably famous for two things; making funny movies and getting paid tons of money to make said movies. Through his acting and producing, Sandler has been able to demand some of the highest paychecks in the entertainment business. He is one of Hollywood’s most bankable stars and consistently earns $25+ million per movie plus guaranteed percentages of a project’s GROSS profits (as opposed to the more standard cut of NET profits).
Adam Sandler has starred in more than 50 major studio releases since he left Saturday Night Live. He earned at least $20 million for roughly 20 of those movies. That alone is $400 million in pre-tax earnings.
Adam earned $1.7 million for 1995’s Billy Madison and $2.5 million for 1996’s Bullet Proof. In 1999 he earned $8 million for Big Daddy. Big Daddy went on to earn more than $230 million off a budget of $36 million. Riding this success, Adam signed a lucrative overall deal with Sony Pictures which entitled him to a base salary of $20 million per movie PLUS 20-25% of a film’s gross profits.
For example, when Adam starred in the 2003 movie Anger Management, he earned $25 million plus 25% of the gross. When it was all said and done, Adam’s bonus was $37.5, million for a total paycheck of at least $60 million.
In 2014, Adam signed a four-film $250 million production deal with Netflix. In 2017, he renewed the deal for four additional movies. Despite receiving universally terrible reviews, Adam’s Netflix movies have been streamed more than 500 million hours since 2014.
Between June 2016 and June 2017, Adam earned $50 million. Between June 2017 and June 2108 he earned $40 million. Between June 2018 and June 2019, Adam earned $60 million.
Adam and his family own a number of impressive houses around the country. For many years, starting in 2004, their primary residence was a $13 million mansion in the Pacific Palisades neighborhood of Los Angeles. He bought the house from Kurt Russell and Goldie Hawn. In 2001 he spent $3.1 million on a beachfront home in Malibu. Other properties in the Sandler portfolio include a home in Hawaii, New York City, Long Island and Manchester, New Hampshire.
Adam Sandler Personal Life
One of Hollywood’s favorite entertainers, Adam Sandler, hasn’t really been in the spotlight when it comes to celeb goss. Adam’s been in the movie industry for 30 years and not once have we heard any gossip about his love life. This brings up a question: Is Adam Sandler married?
Now that you’re intrigued to find out who stole the heart of this successful actor, let’s look more closely.
Adam has been married to model/actress Jacqueline Titone since 2003. They have two children together, both daughters.