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Drew Carey Net Worth

Drew Carey Net Worth

Drew Carey is one of the most recognizable faces in American entertainment. Known for his humor, quick wit, and relatability, Carey has entertained millions for decades. As of  Drew Carey net worth is estimated at $165 million, a result of his long-running television career, diverse ventures, and significant achievements in both comedy and business.

Drew Carey at a Glance: Key Facts and Biography

Aspect Details
Full Name Drew Allison Carey
Birth Date May 23, 1958
Place of Birth Cleveland, Ohio, USA
Religion Buddhist
Profession Actor, Producer, Writer, Director, Soundtrack
Marital Status Never Married
Notable Partner Amie Harwick (Former Fiancée)
Children None
Military Service Served in the Marine Corps from 1980 to 1986 as a field radio operator
Current Residence Mulholland Drive, Los Angeles
Weight Loss Lost 80 pounds
Annual Income (2024) $12.5 million
Estimated Net Worth (2024) $165 million

Early Life and Military Service

Drew Carey was born on May 23, 1958, in Cleveland, Ohio. He was the youngest of three brothers and grew up in a working-class neighborhood. After the loss of his father when he was just eight years old, Carey faced several challenges, but he developed a keen sense of humor that would later fuel his career in comedy.

Before venturing into entertainment, Carey took a different path and served in the U.S. Marine Corps Reserve between 1980 and 1986. As a field radio operator in the 25th Marine Regiment, Carey learned discipline and resilience, traits that would prove invaluable as he navigated the competitive world of entertainment.

Comedic Breakthrough: From Stand-Up to TV Stardom

In the 1980s, Drew Carey began honing his comedy skills by performing in local stand-up venues. His unique style of self-deprecating humor quickly gained attention, and in 1988, he appeared on the national stage through the show “Star Search”. Carey’s talent was undeniable, and soon after, he made appearances on “The Tonight Show Starring Johnny Carson,” which introduced him to a broader audience.

The breakthrough role for Carey came in 1995 when he co-created and starred in “The Drew Carey Show.” The sitcom, which ran for nine seasons, featured a fictional version of Carey, and it quickly became a fan favorite. At the height of the show’s success, Carey was making approximately $750,000 per episode, which would be equivalent to $1 million today when adjusted for inflation.

“The Price Is Right” and Continued Success

In 2007, Drew Carey stepped into the role of host for the iconic game show “The Price Is Right”, succeeding the legendary Bob Barker. Carey’s energetic and warm hosting style resonated with audiences, and his ability to blend humor with the show’s traditional format kept it fresh for a new generation.

Currently, Drew Carey earns a reported $12.5 million per year from hosting “The Price Is Right”, making it one of his most significant and steady sources of income. This role solidified his status as one of the highest-paid television personalities and expanded his wealth even further.

The Path to a $165 Million Net Worth

Drew Carey Net Worth is $165 million has been built over decades of hard work, sharp investments, and diverse income streams. Here’s a breakdown of how Drew Carey accumulated his fortune:

  • Television Earnings: His work on both “The Drew Carey Show” and “The Price Is Right” has contributed to his massive income. At one point, his salary from “The Drew Carey Show” alone was upwards of $300 million over its nine-season run.

  • Syndication and Royalties: Even after the conclusion of his sitcom, Carey continues to earn significant royalties from syndication and other residuals from his various shows.

  • Business Ventures: Carey is known for his wise investments, including a substantial stake in the Seattle Sounders FC soccer team. The team is valued at over $51 million.

  • Real Estate: Carey owns a luxury home in the prestigious Mulholland Drive area of Los Angeles, in addition to other properties, all contributing to his wealth.

Personal Life and Relationships

Drew Carey’s personal life has been relatively private, especially when compared to his high-profile career. While Carey has never married, he was once engaged to Amie Harwick, a renowned therapist. The couple’s engagement ended tragically when Harwick was murdered in 2020.

Carey is a Buddhist and has openly discussed the role of spirituality in his life. His calm and grounded nature has made him a relatable figure to many fans. Carey also has been involved in various philanthropic causes, particularly supporting public libraries and educational initiatives.

Health Transformation: Losing 80 Pounds

In recent years, Drew Carey became an inspiration to many by undergoing a significant health transformation. Having struggled with type-2 diabetes, Carey decided to make a change and adopted a healthier lifestyle. Through a combination of diet, exercise, and lifestyle adjustments, he lost an impressive 80 pounds. This change not only improved his health but also had a positive impact on his career, giving him a renewed sense of energy.

Legacy and Impact

Drew Carey’s legacy in the entertainment industry is undeniable. From the success of “The Drew Carey Show” to his iconic role as the host of “The Price Is Right,” Carey has become a household name. His ability to transition from stand-up comedy to television hosting and acting is a testament to his versatility and appeal.

Through his military service, television career, business ventures, and personal life, Carey has built a remarkable career and continues to thrive. Despite the ups and downs of fame, his genuine personality and commitment to his craft have earned him a lasting place in Hollywood history.

Conclusion

Drew Carey net worth of $165 million is the result of years of hard work, sharp business acumen, and unwavering dedication to his craft. From his early days as a stand-up comic to his current role as the host of “The Price Is Right,” Carey has proven that talent, perseverance, and a little humor can lead to great success.

As of  Drew Carey remains a significant figure in both entertainment and business, with a future that looks just as bright as his past.