Kevin Hart's Net Worth

Kevin Hart's Net Worth

Kevin Hart's Net Worth and his extensive resume in the industry as an actor and comedian.

By Joseph White

Published Sep 16, 2024

Kevin Hart's Net Worth

Table of Contents

  • What Is Kevin Hart’s Net Worth?
  • What Is Kevin Hart's Claim To Fame?
  • What Businesses Does Kevin Hart Own Or Is A Part Of?
  • What Brands Has Kevin Hart Endorsed?
  • How Kevin Hart Spends His Millions?
  • How Many Houses Does Kevin Hart Own?

Kevin Hart, the beloved comedian and actor, has turned his humor and charm into a financial empire. From stand-up specials to blockbuster movies, Hart has earned millions while also branching out into various business ventures, including his own production company and partnerships with brands like Nike and H&M. This article will explore how Hart’s diverse career and relentless work ethic have made him one of the highest-paid comedians in the world.

Net Worth$450 Million
Salary$40 - $60 Million/Year
Date of BirthJuly 6, 1979
Place of BirthPhiladelphia, Pennsylvania, U.S.
GenderMale
Height5’ 2”
ProfessionComedian, Actor, Writer
NationalityAmerican
Marital StatusMarried
Children4
No. of Houses2
No. of Cars20+

What Is Kevin Hart’s Net Worth?

Kevin Hart’s Net Worth

As of the third quarter in 2024, Kevin Hart has a net worth of $450 Million.

Kevin Hart's fortune has gone up drastically in the last two decades but most of it was made through his comedy and acting career in Hollywood. As of 2022, his comedy tours have grossed a total of $190 million, which firmly places him on the list of the highest-grossing comedians in the world. However, Hart only earned 40% of those top-grossing tours, which equates to $76 million. 
 
When it comes to his acting career, Kevin earns an average of $25 million per movie. He usually signs a back-end deal with the studio where he takes less money upfront but earns more money from the movie's profits. The most he ever earned for a movie was for “Jumanji: The Next Level” for which he got paid $30 million,
 
Hart's success extends beyond the entertainment industry as he has been involved in businesses like HartBeat Productions and endorsement deals with brands like Nike, Hyundai, and H&M, Hart has leveraged his popularity to secure lucrative deals, further bolstering his income.


What Is Kevin Hart's Claim To Fame?

Kevin Hart's Claim To Fame

Kevin Hart’s rise to stardom and wealth is the result of a few pivotal moments in his career. Here are some key events that shaped his trajectory:

 

  • Undeclared: Kevin's first big break came through his role in the TV series “Undeclared” back in 2001. Despite being short-lived, the exposure Hart got from the appearance landed him his first taste of real success 2002 film “Paper Soldiers". 

 

  • Seriously Funny: The next significant moment that contributed to Kevin Hart's claim to fame was his stand-up comedy special titled "Seriously Funny," which was released in 2010. This special garnered widespread acclaim and showcased Hart's unique comedic style, charisma, and relatable storytelling. A majority of the jokes from this special became iconic, such as the "Say it with your chest" line and the classic "It's about to go down." It helped solidify his status as a major comedic talent in the entertainment industry and paved the way for numerous other successful projects.

 

  • Breakout Movie Role in “Think Like a Man” (2012): After years of grinding on the comedy circuit, Hart's role in this hit movie significantly boosted his profile in Hollywood and marked the beginning of his mainstream fame.

 

  • Netflix Deal (2021): Hart signed an extensive deal with Netflix for four feature films starring and produced by Kevin Hart. Although the actual value of the deal is unknown, Adam Sandler signed a similar four-movie deal in 2020 that was worth $150 million.

What Businesses Does Kevin Hart Own Or Is A Part Of?

Kevin Hart's Business Portfolio

Kevin Hart's arrival into the business world is rather recent when compared to his fellow actors like Dwayne Johnson. However, the “Jumanji” star somehow made it work in his favor and has earned a significant amount of wealth and exposure in the industry. Here are some of the businesses that Kevin Hart is a part of. 

 

  • Laugh Out Loud: Kevin founded “Laugh Out Loud” back in 2017 as a global multi-platform comedy brand. Back in 2019, Hart was able to acquire Lionsgate's stake resulting in him owning about 85% stake in the company.

 

  • Hartbeat: Hartbeat was founded back in 2022 when Kevin merged his existing companies “Laugh Out Loud” and "Hartbeat Productions". Hartbeat sold a 15% stake in the company to Abry Partners for $100 in 2022 also. Recently, Kevin Hart and his company Hartbeat (valued at $650 million) have joined hands with the global leader in entertainment, sports, and fashion brand WME for representation in all areas. Kevin Hart, along with his HartBeat Productions banner, signed a deal with Netflix in 2021 for four movies that would be exclusively streamed on Netflix. The value of the deal is not known but Adam Sandler signed a similar four-movie deal in 2020 that was worth $150 million.

 

  • Hartbeat Ventures: Hartbeat Ventures is Kevin's venture capital firm that invests in companies related to media, technology, and lifestyle. Founded in 2022, HV received a total of $100 million as an investment from J.P. Morgan in the same year. 

 

  • Hart House: Hart House is a modern, quick-service restaurant founded by Kevin Hart back in 2020. The cause is committed to the future of food by disrupting the quick-service industry with an affordable and flavorful alternative. Within just 2 years the company generated massive gains in sales and in 2023 it went up to 350%. 

 

  • Gran Coramino: Kevin and 11th-generation tequila maker, Juan Domingo Beckmann came together and became the founding partners of the premium tequila brand Gran Coramino in 2022. The company also announced in 2024 that they have disbursed over $1 million to over 100 small business startups. The brand is also the Official Luxury Tequila of Kevin's favorite NFL team, the Philadelphia Eagles.

What Brands Has Kevin Hart Endorsed?

Kevin Hart's Brand Endorsements

Kevin Hart has been involved in numerous brand endorsements, some of which are very notable due to their scale of worldwide exposure. 

 

  • Nike: Kevin Hart has had a long-standing partnership with Nike. He has been featured in various Nike campaigns and commercials, promoting their athletic apparel and footwear. He even has his own shoe line with the company called Hustle Hart, which is a cross-training shoe. The shoe is a special version of an already existing one called the Nike Free Train Instinct. Kevin is also the first and only comedian to sign an endorsement deal with Nike. 

 

  • Tommy John: The premium men's underwear brand Tommy John was involved in n partnership deal with Kevin Hart back in 2016. The “Ride Along” actor approached the brand and was said to have invested an undisclosed amount according to reports.  
     
  • Hyundai: Hart has collaborated with Hyundai in multiple advertising campaigns, including their Super Bowl commercials. One of his most famous commercials with Hyundai, "First Date," first aired at Super Bowl 2016.

     

  • H&M: Along with David Beckham, Hart partnered with the fashion retailer H&M for their holiday campaign in 2016. Kevin Hart also collaborated with H&M for a clothing collection called "Selected by Kevin Hart." The line included a range of casual wear for men.

     

  • Mountain Dew: Hart has been featured in Mountain Dew commercials, participating in humorous and energetic ad campaigns. One of his well-known campaigns with Mountain Dew was the Give Your Head an MTN Dew Kickstart” campaign. This campaign was part of a year-long partnership between Kevin and MTN DEW and even integrated his irresponsible tour.

 

  • Pokerstars: It was back in 2017 when Kevin announced his big move to team up with Pokerstars, “the world's biggest poker site” to make poker relevant. He went on Facebook Live and stated, “I am going to make poker fun, and working with PokerStars will give me the poker platform I need to do this…”

 

  • Fabletics: Back in 2020, Fabletics featured Kevin and his elder daughter in their commercial campaign. Kevin even joined the research team to manufacture men's activewear. 

 

  • Old Spice: It was back in 2019 when Hart agreed to a video campaign for Old Spice. He was featured in a two-and-a-half-minute ad with NBA player Isaiah Mustafa. 

 

  • Foot Locker: Back in 2016 during Foot Locker’s February marketing campaign, “Hottest Month of the Year,” the company featured Kevin Hart in their ad commercial.   

     

  • Chase: Hart and his daughter Heaven partnered with Chase to promote its financial services, specifically its mobile banking app.

 

Hart's most recent endorsement deals include companies like DraftKings, Audemars Piguet, etc. 


How Kevin Hart Spends His Millions?

Kevin Hart mostly focuses on his business empire and spends a significant amount of his earnings on his business ventures as future investments. However, the actor in “The Man From Toronto” prefers a luxurious lifestyle with multi-million dollar real estate. Also, Hart has an excessive passion for cars and luxury watches which are briefed below. 

 

How Many Houses Does Kevin Hart Own?

Kevin Hart’s real-estate portfolio

Kevin Hart is known to own multiple properties. He has shared glimpses of his luxurious homes on social media, showcasing impressive features and amenities. Here are two of his houses that are known to the public.

 

  • Tarzana, Los Angeles: One of his former residences is a lavish mansion located in Tarzana, Los Angeles. Kevin Hart bought the 6,549-square-foot house for $1.99 million in 2012 and sold it for $2.75 million in 2019.

     

  • Calabasas, California: Kevin Hart currently lives on a 26-acre property in Calabasas. He bought this plot of undeveloped land in 2015 for $1.35 million. He spent another $2 million to construct a Spanish-inspired villa. This villa comes with a swimming pool, a cabana, a children’s playground, and two detached guesthouses. He ended up buying a 16.3-acre estate next door, which also has a mansion, for $7 million. These two properties combined are estimated to be valued at $10 million.

How Many Expensive Cars And Other Vehicles Does Kevin Hart Own?

Kevin Hart's Car collection

Kevin Hart's car collection mostly consists of old American muscle cars. There are a few modern cars also in his collection, but it's the muscle cars that gain the most attention. Now let us have a quick look at some of Kevin Hart’s droll-worthy cars.

 

Cars

 

  • 1959 Chevrolet Corvette Convertible, ‘Mint Condition’: One of the best-looking cars in Kevin Hart's car collection is a 1959 Chevrolet Corvette Convertible, painted in Franny Green. He bought the car at Barrett-Jackson’s Scottsdale auction in March 2021 and paid $825,000 for it.

     

  • 1970 Plymouth Barracuda ‘Menace’: Nicknamed "Menace", Kevin Hart's Barracuda was made by a company called SpeedKore for the movie The Fate of the Furious. Kevin would buy the car a year later for his 40th birthday. Hart would unfortunately be involved in an accident in this same car.

     

  • 1970 Dodge Charger "Hellraiser": This heavily modified Charger is another car made by Speedkore. Kevin bought this car in 2019 as a replacement for the Barracuda he had a crash in. 

     

  • 1969 Plymouth Road Runner ‘Mike Myers’: Arguably the most talked about car in Kevin Hart's car collection is his ‘69 Road Runner aka ’Mike Myers'. This fully customized Plymouth even won the “Muscle Machine Of The Year” award in 2022 and was even displayed at the SEMA in the same year. 

     

The American superstar comedian has more than 20 cars in his garage. Check out the rest of the cars with amazing stories in detail by clicking here.

 

Yachts

 

  • SHAMBHALA Luxury Yacht: Along with his crazy car collection, Hart also owns a 100-feet luxury superyacht known as SHAMBHALA which is worth around a whopping $37 million. 

 

Private Jets

 

  • Hawker 400XP: The crown jewel of Kevin Hart's transportation is a private jet, the Hawker 400XP. Whether it's a family vacation or work-related travel, this $2.5 million bizjet makes Hart's air travel peaceful rather than normal commercial flights. 

How Many Luxury Watches Does Kevin Hart Own?

Over the years, Kevin Hart became a role model and set an example through his belief in hard work and opportunities which also transcended into his daily lifestyle and fashion sense as well, especially in collecting and wearing his favorite Audemars Piguet Royal Oak luxury watches. The actor has been spotted rocking different models of the Royal Oak in each circumstance and we have sorted out a list of the models with names and their MSRP below. 

Model NamesMSRP ($USD)
Royal Oak Chronograph Black Ceramic 26240CE$148,000
Royal Oak Self-winding Flying Tourbillon 26522ST$392,500
Royal Oak Self-winding Chronograph 26331OR$125,510
Royal Oak “Jumbo” Extra-Thin 15202PT$210,500
Royal Oak Self-winding Flying Tourbillon 26534TI$600,000 (Market Value)
Royal Oak Openworked 50th Anniversary 26735ST$242,288
Royal Oak Perpetual Calendar All Black 26585CE$115,800
Royal Oak Perpetual Calendar Blue Ceramic 26579CS$600,000 (Market Value)
Royal Oak Perpetual Calendar 26598BC$162,500

Besides this Royal Oak collection, Hart also owns some unique and expensive watches such as a Richard Mille RM 035 Gold Toro Americas($470,000), a Rolex Daytona Rainbow 116595RBOW($520,000), a Patek Philippe Nautilus 5711/111P-001($1,100,000), and an Audemars Piguet Royal Oak Flying Tourbillon 26534TI($650,000).


What Are Kevin Hart's Charitable Contributions And Philanthropy Endeavors?

Kevin Hart's Charitable Contributions

Kevin Hart has been involved in various charitable efforts and philanthropic endeavors throughout his career. Here are some of Kevin Hart's notable charitable contributions and initiatives. 

 

  • Help From the Hart Charity (HTFT): Founded in 2017 by Kevin Hart, HTFT is a non-profit 501c3 organization that is committed to supporting underserved communities, youth scholarships, and medical needs. Back in 2017, the organization was able to raise more than $300,000 from the NY Marathon. 

 

  • United Negro College Fund (UNCEF): Kevin Hart has partnered with UNCF multiple times to make generous donations that have helped students go through college. In 2015, he donated $100,000 through UNCF to four deserving college students as a scholarship gift. In 2018, he launched a new UNCF scholarship program with the help of Kevin Hart’s Help From The Hart Charity and KIPP (Knowledge Is Power Program) public schools. He donated $600,000, which helped 18 more KIPP students earn a college degree.

 

  • American Red Cross: Hart has supported the American Red Cross in various relief efforts. In 2017, he donated $25,000 to the organization to aid in Hurricane Harvey relief efforts. He also contributed $50,000 to the American Red Cross to support victims of the California wildfires in 2018. 

 

  • Donations to Philadelphia-area schools: On two separate occasions, Kevin Hart teamed up with rapper Meek Mill and Philadelphia 76ers co-owner Michael Rubin to make multi-million-dollar donations to schools in Philadelphia. This allowed children from underserved families to attend schools in the area. In 2022, the trio made a donation of $15 million to 110 Philadelphia-area private and parochial schools, while in 2023, they made a $7 million donation to 60 schools.

 

  • Donation for cancer: In 2020, Kevin Hart made contributions of $150,000 to BrittiCares International (BCI), which is a non-profit organization that supports children with cancer.

 

Kevin has been actively involved in using his platform and resources to make a positive impact in areas such as education, disaster relief, health, and supporting aspiring artists. Hart has often encouraged his fans and fellow celebrities to join him in giving back and has shown a dedication to helping those in need.


What’s Next For Kevin Hart?

 Kevin Hart's most recent work was the Netflix for a movie called "Borderlands" which came out on August 2024. On August 20, 2024, Kevin also dropped the news of his upcoming crime drama TV mini-series called “Fight Night: The Million Dollar Heist” starring Kevin Hart, Samuel L. Jackson, Taraji P. Henson, Terrence Howard, Don Cheadle, Lori Harvey, and more. This mini-series will hit Peacock on September 5 disclosed by Kevin. 


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FAQs

Has Kevin Hart released any comedy albums?

Yes, Kevin Hart has released several comedy albums, including "I'm a Grown Little Man" (2008), "Seriously Funny" (2010), "Laugh at My Pain" (2011), and "Let Me Explain" (2013).

Who is richer Kevin Hart or Dwayne Johnson?

Dwayne 'The Rock' Johnson is richer than Kevin Hart. Dwayne has a net worth of $800 million, while Kevin Hart has a net worth of $450 million.

How much does Kevin Hart make on tour?

Kevin Hart makes around $1 million per night on average during tours.

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