Pete Davidson is the kind of guy who seems like he’s perpetually living in his mom’s basement while simultaneously dating the most famous women on the planet. It’s a weird paradox. If you look at his lifestyle, he’s wearing thrift-store-looking hoodies, but then you realize those hoodies probably cost more than a used Honda Civic. So, when people start digging into pete davidson net worth 2024, they usually expect to see some astronomical Nine-figure Kardashian-level number.
The reality? It’s a lot more grounded, but also way more interesting than just a single number on a balance sheet.
Most reliable estimates, including data from Celebrity Net Worth and various financial trackers, pin the number somewhere between $4 million and $8 million. Now, $8 million is a lot of money to you and me, but in the world of A-list celebrities, it’s actually kind of modest. For context, he’s been in the game for over a decade. He’s been the face of Saturday Night Live, starred in summer blockbusters, and sold out stand-up tours. You’d think he’d be sitting on a mountain of cash, right?
Well, it turns out the "King of Staten Island" has a very specific way of making—and spending—his bag.
The SNL Salary: Not as Glamorous as You Think
Let’s talk about the SNL years because that’s where most of us first met Pete. He joined the cast back in 2014 when he was just 20 years old. Honestly, he was a baby. He recently went on a press tour and dropped a truth bomb that shocked a lot of people: his starting pay was roughly $3,000 per episode.
If you do the math—and I’m talking rough "back of the napkin" math—there are usually 21 episodes in a season. That’s roughly $63,000 a year. In Manhattan, that’s basically "living with three roommates and eating dollar pizza" money.
Of course, the pay scales up the longer you stay. By the time he left in 2022, he was likely pulling in the veteran rate of $25,000 per episode, which puts his annual SNL income at around $525,000. Again, great money, but after his agent takes 10%, his manager takes 10%, his lawyer takes 5%, and the IRS takes nearly half... the take-home pay starts to shrink fast.
The Peacock Pivot: Bupkis and Beyond
The real money started flowing when Pete stepped away from 30 Rock. In 2023, he launched Bupkis on Peacock. This wasn't just another acting gig; he was a creator, writer, and executive producer.
According to industry reports from Variety, Pete was pulling in an estimated $500,000 per episode for that show. With an eight-episode first season, that’s a $4 million payday right there. That single season of television likely doubled his career earnings from nearly a decade on Saturday Night Live.
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Why the Gap Between Fame and Fortune?
A lot of fans see Pete on every magazine cover and assume he has $50 million. But fame and net worth are rarely a 1:1 match. Pete doesn't have a massive "brand" in the traditional sense. He isn't selling a makeup line or a tequila brand (yet). He’s a working actor and comedian.
His wealth is tied to:
- Stand-up Tours: This is where the real cash is. High-margin ticket sales across the country.
- Film Roles: He’s moved from small cameos to lead roles in movies like The King of Staten Island and voice work in Transformers: Rise of the Beasts.
- Endorsements: You’ve probably seen his face on a Taco Bell commercial or seen him talking about Manscaped. Those deals are usually worth seven figures over multi-year contracts.
Real Estate and the Ferry Boat
If you want to know where a celeb's money goes, look at their ZIP code. For a long time, Pete was famous for living in his mom’s basement in Staten Island. He eventually bought her a $1.3 million house there, which is a pretty legendary "made it" move.
Eventually, he branched out. He bought a $1.2 million luxury condo in Staten Island for himself back in 2020. He later tried to sell it for $1.3 million, but the market wasn't feeling it, and he ended up dropping the price to about **$1.1 million**.
Then there’s the boat.
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In early 2022, Pete and Colin Jost (along with some other investors) bought a decommissioned Staten Island Ferry for $280,000. It sounds like a joke, but they actually bought it. They have plans to turn it into a floating entertainment venue/club. It’s a massive money pit right now, but it’s the kind of high-risk, high-reward investment that defines his "why not?" approach to life.
The Brand Deal Strategy
Pete is surprisingly savvy when it comes to who he partners with. He doesn't just do any old commercial. He picks brands that lean into his "hot mess" persona.
- Manscaped: This was a massive deal. He didn't just get a check; he reportedly got equity in the company. That’s how you actually get rich—not by getting paid for your time, but by owning a piece of the pie.
- Smartwater: Replacing Jennifer Aniston as the face of Smartwater was a huge signal that he had reached a certain level of mainstream marketability.
- H&M and Taco Bell: These are high-volume, high-visibility deals that keep his bank account topped up while he’s between movie projects.
What Most People Get Wrong
People often think Pete is "unemployed" when he’s not on TV. But in 2024, his touring schedule was packed. Stand-up is the most lucrative part of a comedian's life because they own the show. When Pete fills a theater that holds 3,000 people at $75 a ticket, that’s a **$225,000 gate** for one night of work. Even after the venue takes its cut and he pays his openers, he’s walking away with a massive chunk of change.
The pete davidson net worth 2024 reflects a guy who is moving away from being a "cast member" and toward being a "mogul." He’s investing in startups, buying real estate, and producing his own content.
Honestly, the biggest threat to his net worth isn't his spending—it's his propensity for buying weird things like old ferries or getting expensive tattoos removed.
If you’re looking to track his growth, keep an eye on his production company, Broadway Video ties, and whether he secures a second season of Bupkis or another major streaming deal. That’s where the jump from $8 million to $20 million will happen.
For now, he’s doing just fine. He’s rich enough to buy a boat, but maybe not quite rich enough to make that boat move yet.
Next Steps for Tracking Pete's Financials:
- Check the 2024-2025 touring schedules for major comedy festivals—if he headlines, his net worth likely ticks up by $500k per weekend.
- Watch for SEC filings or business announcements regarding Manscaped's IPO or acquisition; Pete's equity stake there could be his biggest windfall.
- Monitor Staten Island real estate records for the sale of the "ferry" project, which will indicate if his biggest investment was a stroke of genius or a tax write-off.