Steve Harvey, an American comedian, actor, television host, and businessman, has an estimated net worth of $200 million. Over the years, he has built a diverse career spanning stand-up comedy, television, radio, and business ventures.
His annual earnings range from $40 million to $50 million, with a significant portion coming from hosting duties on Family Feud and his radio show.
Early Life and Career Beginnings
Broderick Stephen Harvey was born on January 17, 1957, in Welch, West Virginia. He later moved to Cleveland, Ohio, where he graduated from Glenville High School in 1974.
Harvey attended Kent State University and West Virginia University but did not complete his studies. Before making it big in entertainment, he worked various jobs, including as a boxer, autoworker, carpet cleaner, and even a mailman.
Harvey’s foray into comedy began on October 8, 1985, when he performed at Hilarities Comedy Club in Cleveland, Ohio. However, his early career was marked by hardship—he was homeless for three years in the late 1980s, often sleeping in his car while performing gigs that didn’t provide accommodation.
Rise to Fame: Comedy and Television Success
Harvey’s big break came when he was a finalist in the Second Annual Johnnie Walker National Comedy Search in 1990.
This led to him becoming the host of It’s Showtime at the Apollo. His popularity continued to grow, and he became a household name with his WB sitcom, The Steve Harvey Show (1996-2002), which ran for six seasons with 122 episodes.
In 1997 and 1998, Harvey was part of the legendary Kings of Comedy Tour, alongside Cedric the Entertainer, D.L. Hughley, and Bernie Mac.
This tour grossed $37 million, making it one of the highest-earning comedy tours of all time. His success in stand-up led to roles in TV shows and movies, such as Me and the Boys (1994), The Fighting Temptations (2003), and Love Don’t Cost a Thing (2003).
His stand-up special, Steve Harvey: Don’t Trip… He Ain’t Through with Me Yet, was released in 2006.
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The End of His Stand-Up Career
On August 2, 2012, Harvey performed his final stand-up show at the MGM Grand in Las Vegas, marking the end of a 27-year career in stand-up comedy. Despite retiring from stand-up, Harvey transitioned smoothly into hosting and business, which contributed to his increasing wealth and influence.
Family Feud and Television Hosting
In 2010, Harvey became the host of Family Feud, bringing a charismatic and humorous approach to the show. His reactions to contestants’ answers became viral, helping the show regain popularity.
He also hosted Celebrity Family Feud and holds the record for the longest tenure as the show’s host.
In 2015, Harvey made a memorable mistake while hosting Miss Universe, incorrectly announcing Miss Colombia as the winner instead of Miss Philippines.
Despite this blunder, he continued hosting the pageant in 2016, 2017, 2018, 2019, and 2021.
Salary Breakdown
Harvey’s impressive salary comes from multiple ventures:
- $10 million per year from Family Feud
- $20 million per year from his radio hosting gig
- Additional earnings from books, endorsements, and business ventures
Business Ventures and Other Projects
Harvey is also a successful businessman. Some of his notable projects include:
- Authoring several bestsellers, including Act Like a Lady, Think Like a Man (2009), which inspired the 2012 film Think Like a Man. The book spent 64 weeks on the New York Times bestseller list.
- Launching a dating website, Delightful, in partnership with IAC in 2014.
- Co-creating Little Big Shots with Ellen DeGeneres in 2016, which he hosted until 2019.
- Starting “Judge Steve Harvey” on ABC in January 2022, a comedy-based court show.
- Launching Steven Harvey Global (SHG) in 2017, bringing all his ventures under one umbrella. SHG includes:
- East One Twelve (his production company)
- Harvey Events, led by his daughter Morgan and her husband
- The African version of Family Feud, launched in 2020
- The Sand and Soul Festival, an annual event featuring live music, comedy, and Q&A sessions with Harvey
Personal Life and Philanthropy
Harvey has been married three times. His current wife, Marjorie Bridges, whom he married in 2007, brought three children from a previous relationship, whom Harvey adopted. He has seven children in total from his marriages.
Together, he and Marjorie founded The Steve and Marjorie Harvey Foundation, which focuses on youth outreach and education. He has also worked with Kent State University to provide scholarships and collaborated with Walt Disney World Resort for the Disney Dreamers Academy.
In 2022, Harvey received the “Man in the Mirror” Award, alongside Chris Tucker, for using his platform for positive change.
Steve Harvey’s Real Estate Portfolio
Harvey owns multiple luxurious properties, including:
- Atlanta Mansion – A 9,000-square-foot mansion purchased for $3.4 million in 2010.
- Dallas Estate – A large property sitting on 4 acres.
- Chicago Penthouse – A 5,500-square-foot condo in Trump International, sold for $7.7 million in 2018.
- Beverly Hills Rental – Harvey leased a 12,000-square-foot mansion in Beverly Park for $110,000 per month ($1.3 million per year).
- Tyler Perry’s Former Atlanta Mansion – In May 2020, Harvey purchased a 35,000-square-foot home on 17 acres for $15 million.
Lawsuits and Controversies
Despite his success, Harvey has faced legal battles:
- Sued for charity fraud by a former employee
- Sued for $205,000 over a private jet dispute
- Faced backlash for the Miss Universe mistake in 2015
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Legacy and Influence
Steve Harvey remains one of the most influential and highest-paid entertainers in the world. With a career spanning over three decades in comedy, television, radio, books, and business, he has solidified himself as a multi-talented media mogul.
His unique comedic style, combined with his business acumen, has enabled him to maintain financial and professional success.
With multiple income streams, a successful hosting career, and a growing business empire, Steve Harvey continues to be a powerhouse in the entertainment industry.