The Net Worth Of The Richest Celebrity

What Is Drew Carey Net Worth In 2020?

Drew Carey Net Worth

Net Worth: $165 Million
Salary: $12.5 Million
Date of Birth: May 23, 1958 (62 years old)
Gender: Male
Height: 5 ft 10 in (1.78 m)
Profession: Comedian, Actor, Game Show Host, Television producer, Screenwriter, Photographer, Voice Actor
Nationality: United States of America
Last Updated: 2020

Drew Carey Net Worth In 2020

Drew Carey is an American actor, comedian and television host who has a net worth of $165 million. He is most widely recognized for his role on “The Drew Carey Show”, and as the host of “The Price is Right”. During his time on The Drew Carey Show, he was one of the highest-paid entertainers in the world, earning the inflation-adjusted equivalent of $1 million per episode.

Drew earns $12.5 million per year hosting “Price”. That’s enough to make him one of 20 highest-paid TV hosts in the world.

Drew Carey Early Life and Career

Drew Carey was born on the 23rd of May, 1958, in Cleveland, Ohio. He is the youngest of Lewis and Beulah Carey’s three sons and raised in the Old Brooklyn neighborhood of Cleveland, Ohio.

When Drew was eight years old, his father died from a brain tumor. Drew played the cornet and trumpet in the marching band of James Ford Rhodes High School, from which he graduated in 1975.

In 1985, he began his comedy career by following up on a suggestion by David Lawrence (a disc jockey friend who had been paying Drew to write jokes for David’s radio show in Cleveland) to go to the library and borrow books on how to write jokes.

His early stand-up career led to supporting roles on television shows, during which he developed the character of a hapless middle-class bachelor. In 1993, Carey had a small role in the film Coneheads as a taxi passenger.

After their stint on Someone Like Me, Carey and Helford developed and produced the storyline for ‘The Drew Carey Show’. The sitcom revolved around a fictionalized version of Carey, as he took on the stresses of life and work with his group of childhood friends.

For the WB’s 2004–2005 prime time schedule, Carey co-produced and starred in ‘Drew Carey’s Green Screen Show’, a spin-off of ‘Whose Line Is It Anyway?’. The show’s premise relied on the use of a green screen for some of the actors’ improv interaction with each other.

In April 2011, Carey began hosting a primetime improv show, called Drew Carey’s Improv-A-Ganza. It was filmed at the MGM Grand in Las Vegas, Nevada, and first aired on April 11.

Drew Carey Personal Life

He was previously engaged to Nicole Jaracz from 2007 to 2012, and announced his engagement to sex therapist Amie Harwick January 2018, although the couple ended their engagement later that year in November.

His impressive net worth is the result of many years in comedy. In addition to his success in television comedy and in the world of game shows, Carey is also famous for his activism toward the cause of public libraries. He often donates time and money to keeping the libraries open and operational. Carey, in a somewhat counter-intuitive move due to his interest in libraries, is also an outspoken member of the Libertarian party, which has called for limited government and lower taxes. But, in the eyes of most of the viewing public, he remains lovable old Drew, with his trademark spectacles and slightly nervous onscreen persona.

Improv and Acting Career

LOS ANGELES – SEPTEMBER 9: Television host Drew Carey tapes a special hockey-themed edition of “The Price Is Right” at CBS Television Studios September 9, 2008 in Los Angeles, California. (Photo by Michael Buckner/Getty Images)

Carey first gained national recognition as a comedian when he appeared on the 1988 show “Star Search,” followed by appearances on show such as “The Tonight Show Starring Johnny Carson” and “Late Night with David Letterman.” His first stand-up comedy special, “Drew Carey: Human Cartoon,” aired on Showtime in 1994 and won him a CableACE Award for Best Writing. His success in stand-up comedy helped him land supporting roles on television shows and films such as “Coneheads” (1993) and the sitcom “The Good Life” (1994).

Together with writer Bruce Helford, Carey developed the storyline for “The Drew Carey Show,” a sitcom that revolved around a fictionalized version of Carey. It premiered on ABC in September 1995. It enjoyed high ratings for its first few seasons, however was eventually cancelled due to declining ratings and increasing production costs (around $3 million per episode). Over its nine-year run, it had a total of 233 episodes.

While starring in “The Drew Carey Show,” he also began taking part in other projects, including the improvisational comedy show “Whose Line Is It Anyway?” in 1998. On the show, he played a combination role of host and participant; he announced the improv guests, directed the games, and usually would participate in the final game of each episode. The show ran for 220 episodes until it was cancelled in 2006. He also co-produced and starred in “Drew Carey’s Green Screen Show,” a spin-off of “Whose Line?,” which was picked up by Comedy Central despite initially being cancelled by the WB. He continued to build off his “Whose Line?” success, hosting the primetime improv show “Drew Carey’s Improv-A-Ganza,” which was filmed at the MGM Grand in Las Vegas, Nevada. It took on the premise of “Whose Line?” and featured many of the same performers from the original show performing improv based on audience-provided suggestions.

Drew Carey’s career takes off with his own sitcom

Drew Carey finally went into the stratosphere with his career by landing his own sitcom in 1995. The Drew Carey Show on ABC fell into the rare club of running nine years, despite slowly evolving over the years. Eventually, it grew into an inventive show complete with musical numbers and recurring “event” episodes with specific oddball themes.

It’s easy to forget how creative it was, hence proving its longstanding worth with an appealing star and cast. Anyone who can sustain a show for almost a decade is going to make tens of millions of dollars.

Considering Carey was one of the executive producers, he reportedly made $750,000 per episode, which was a record at the time until the Friends cast went to $1 million. Only a few years into his show, Carey was already worth $45 million, making him one of the highest paid comedians in America at the time.

All it took was less than a decade in the business for him to be set for life. However, it was just the start of his trajectory, even if fortune mostly came from TV than movies.

The King Of Daytime Television

Throughout the annals of television history, there has been a long list of incredibly popular daytime game shows. Despite all of the competition it has to deal with, many people consider The Price Is Right to be the king of them all. Famously hosted by Bob Barker from 1972 until 2007, anyone who stepped into that role and took over hosting that show once he retired had huge shoes to fill. At the very least, The Price Is Right’s next host had to know he would make a lot of money since Bob Barker’s net worth is quite impressive.

After an exhaustive search for The Price Is Right host, CBS and FremantleMedia chose Drew Carey for the job and at first, it was hard for viewers to accept him. Thankfully for Drew and all of his co-workers on the show, his lovable personality helped to not only retain a huge portion of the original audience but add to it as well. Sadly, it should be noted that Drew Carey suffering a personal tragedy resulted in The Price Is Right briefly going on hiatus.

How Did Drew Carey Get So Rich?

At his peak, he was among the highest-paid entertainers worldwide. In 1998 Drew Carey took home $45 million earned from his several projects. From 2001 to 2004 he earned $ 750,000 for each episode of ” Drew Carey Show”. From 2001 to 2004 he recorded 79 episodes of that show. He has also earned a good amount of money from being a TV game host. Drew Carey earns $12.5 million every year from hosting this show, making him one of the highest-paid television hosts globally.

Drew Carey’s remarkable net worth is from the many years he has been in comedy and also as a game show host. Being a game show host earns him a lot of money. He also earns royalties from his book “Dirty Jokes and Beer” that he published in 1997 when a book is bought.

He is also a minority shareholder of the Seattle Sounders team. Though he is not involved with its day to day running’s, he has an entitlement of a share of profits made by the team. He occasionally also makes money selling photographs. He loves sports photography and sells his works under the alias Brooks Parkenridge.

3 Lessons from Drew Carey

Now that you know all about Drew Carey’s net worth, and how he achieved success; let’s take a look at some of the lessons we can learn from him:

1. Be Grateful

Be thankful for all the good things in your life and even be thankful for struggles. It is the steep mountains we climb that make us stronger.

2. Give

There’s nothing positive about being selfish. The more you give, the better place the world and you will be.

3. Improve yourself

You’re either going forward or backward because life doesn’t let you stand still. You have one life, so make it the best, happiest and fullest it can be.

Summary

Drew Allison Carey is best known from ‘The Drew Carey Show’, and serving as host of the U.S. version of the improv comedy show ‘Whose Line Is It Anyway?’.

As of 2020, Drew Carey’s net worth is $165 million.