When we say Norman Lear today, we hear the words TV Legend following him. The man’s name is a synonym for what makes a great sitcom in the 70s and 80s. Today a number of TV creators and writers see him as inspiration. Starting out to different careers as in US Army to transitioning it as PR Officer. Then moving into the entertainment business. Well, life is hard, but Norman Lear’s talent has always given him a hand in this which has worked out well for establishing quite an influencing career. Today we will take a look at his Fortune, and the Net Worth Norman Lear carries today.
Norman Lear, apart from being the man who carried the television industry in the 70s and 80s, is also a smart businessman, we bet. For a TV writer and producer, his Net Worth is far huge than we can say. Plus, the life he lives today while everyone wants to hear stories from him. So how did this screenwriter cracked this business code and shows that defined his industrialist career will be explored now. So with no further adieu, let’s begin with Norman Lear and his Net Worth.
Norman Lear Net Worth
The Net Worth of Norman Lear is around a whopping amount of $200 Million. All his earnings come from a long-haul career as a screenwriter and producer in the media industry. Multiple successful sitcoms since the 1970s compensated for his success and the Net Worth he carries. Initially, when Norman Lear began his career with Ed Simmons as a writer, they were paid $52,000 each, which is equivalent to $500,000 today. The success of their sitcoms only increased this amount further in the near future.
Writing careers aside, Norman Lear had also bought Avco Embassy Pictures in 1982 in a partnership with Jerry Perenchio. A company he sold after three years to Coca-Cola company which had Columbia Pictures under. It’s been said that the duo later received 40% cash from the Coca-Cola Stock from a deal of $485 million. This whole TV career and smart business decisions have compensated for Norman Lear and his success and his Net Worth.
Norman Lear Early Life
Norman Lear was born on July 27, 1922, to parents Jeanette and Hyman “Herman” Lear. His father was a traveling salesman. Norman grew up with his younger sister, Claire Lear Brow, in a Jewish household. He saw his father go to prison when he was nine for selling fake bonds. He saw his father as a rascal, and this, in turn, inspired him to write the aspects of the character Archie Bunker in the future and Edith Bunker from his mother. Lear later graduated from Weaver High School in Hartford, Connecticut, in 1940 before attending Emerson College and dropping out to join the US Army Air Force.
Soon after the end of World War II, Norman Lear transitioned his career as Public Relations Officer. Lear had a first cousin Ed Simmons who wanted to be a comedy writer. So joining hands with him, Lear once sold home furnishings door-to-door for a company. Often they had a chance to perform their comedy sketches for television appearances of Martin and Lewis, Rowan and Martin, and others. Following this, Lear continued writing for talks shows. But he also had a chance to write Celeste Holm CBS sitcom, Honestly, Celeste! Then produce a show on NBC’s The Martha Raye Show.
Norman Lear Career
The 70s saw Norman Lear completely fleshing out his career as a comedy writer. This came from the sitcom All In The Family, which may have flopped initially but managed to gain an audience through summer reruns. Soon winning Emmys and topping the charts for the next five years. The same success transitioned for the sitcom Archie Bunker’s Place. Then stint of highly successful sitcoms such as Steptoe and Son, Sanford and Son Maude, The Jeffersons, One Day at a Time, and Good Times.
The year 1980 saw Norman Lear hosting the revival of “Quiz Kids,” for the CBS cable network. In 1982, he also produced a show titled “I Love Liberty” which talked about the counterbalance groups like the Moral Majority. The guests included icons such as the 1964 US presidential election’s Republican nominee Barry Goldwater. He later went on to establish his own media company, Act III Communications.
Following that, in the 1990s, Lear came to TV production for shows such as Sunday Dinner, The Powers That Be, and 704 Hauser. Most of them didn’t garner the same success Norman Lear shows had in the 70s. The last one, as 704 tried to recreate the magic of All In The Family with a new family in the same house, but it didn’t work. In 1997, he produced the Kids’ WB series Channel Umptee-3.
The 2000s saw Norman Lear lending his voice for Benjamin Franklin on South Park’s episode of “I’m a Little Bit Country”. The year 2016 saw a documentary of his own in the form of Norman Lear: Just Another Version of You. Then a reiteration of his show One Day at a Time on Netflix. Lear served as an executive producer for the show. Lear’s upcoming projects include Rita Moreno: The Girl Who Decided to Go For It and a revival of Who’s The Boss?