David Letterman Net Worth

How Much is David Letterman Worth?

Do not be surprised by the amount of his fortune – impressive $400 million is nothing in comparison with the pleasure that his show left to the viewers from America and all over the world. King of humor and genius of epatage, David Letterman spent more than 30 years, hosting his night show and thus breaking the record of longevity, set by Johnny Carson.

“Late Show with David Letterman” was full of bright moments. During their visit to David, the stars relaxed and showed their true faces: the wrestler Jerry Lawler got handsy, Drew Barrymore showed her breasts, Paris Hilton popped in just on her way home from prison, and Farrah Fawcett came hammered with drugs.

In May 2015, David Letterman hosted his last show, full of warm memories and dear guests. Now the star’s plans are to devote more time to his family and to spend the millions he has accumulated. Let’s leave the TV mogul to take some rest in his huge mansion alongside his wife Regina Lasko and recollect in our minds his way to multi-million wealth.

The main part of David Letterman wealth comes from activity of a TV show host. He got initial popularity due to his TV program “The David Letterman Show”, which he started in 1980. The show was closed because of low ratings. But the charismatic and witty host got positive critical feedback, that’s why TV producers offered him another show, which was on air late at night. “Late Night with David Letterman” had become a big TV hit and David hosted it during 10 seasons. Then he retired from NBC and started a new show at CBS, which had changed night TV forever. “Late Show with David Letterman” started in 1993 and lasted till May, 2015. David Letterman retired after 33 years of productive professional work with incredibly big net worth.  After the retirement David Letterman’s wealth doesn’t increase so rapidly. Nevertheless he has some alternative sources of wealth. Letterman owns production company “Worldwide Pants Inc”. Besides he is the co-owner of 2 car racing teams. But how did David Letterman start his way on top?

David Letterman Bio and Career

Nobody could predict, David Letterman would become an international celebrity, when he was a child. The boy grew up in Indianapolis, Indiana in the family of a florist (father) and church secretary (mother). Letterman was an average student at Ball State University.

He graduated with a degree in Telecommunications and started his career as a DJ at students’ radio station. He was noticed by TV producers, when he was working as a witty weatherman at WLWI station (Indianapolis). Then David moved to LA and found a job of a comedian writer and comic, who made appearances on several popular TV shows till finally he started his own one.

House

The phenomenal TV host was wise enough not to focus all his efforts on his show only. He started a lucrative real estate business. Currently David Letterman is rumored to own numerous mansions all over USA. He is the proud owner of a huge estate in New York, which cost astonishing $10 million, and of houses in Montana, Massachusetts etc.

Aside real estate the comic Letterman has another passion – he is a devout car collector. David Letterman owns $15 million collection of classy vehicles. The TV host even demonstrated his collection of Austin Healeys, Ferraris and Porsches. Letterman appeared as a special guest at “Comedians in Cars Getting Coffee” show, where David demonstrated to its host Jerry Seinfeld two of his autos – 1995 Volvo 960 and Nissan LEAF. Letterman opened up, that Volvo was presented to him by Paul Newman.