Jimmy Fallon's net worth!

What is Jimmy Fallon's net worth and salary?

Jimmy Fallon Net Worth - $70 Million

Jimmy Fallon, an American comedian, writer, television host, actor, singer, and producer, boasts a net worth of $70 million. He is widely recognized for his contributions to "Saturday Night Live," as well as for hosting "The Tonight Show Starring Jimmy Fallon" and "Late Night with Jimmy Fallon." During his college years, Fallon was often described as a "computer geek." Initially majoring in Computer Science, he ultimately switched to Communications before deciding to leave college altogether. A long-time admirer of "Saturday Night Live," he embarked on a career in stand-up comedy after graduation, eventually relocating to Los Angeles to further his craft. There, he took on minor film roles while honing his skills with the renowned improv group, The Groundlings. In 1988, he was invited to audition for "Saturday Night Live," joining the cast for the 1998-1999 season. Fallon quickly became a fan favorite and remained with the show until 2004. Following a moderately successful stint in film, he returned to television to host "Late Night with Jimmy Fallon." His talk show has gained popularity among celebrities, artists, and politicians seeking to connect with a more contemporary audience, while also showcasing Mr. Fallon's musical abilities.

Salary

Jimmy Fallon's annual salary for hosting "The Tonight Show" is $16 million.

Early Life

Jimmy Fallon was born on September 19, 1974, in the Bay Ridge area of Brooklyn, New York. He received his education at St. Mary of the Snow, a Roman Catholic institution. During his time there, he served as an altar boy and briefly contemplated a vocation as a priest. However, his aspirations shifted towards comedy as he became captivated by the Dr. Demento radio show. Like many of his peers, Fallon developed a fascination with Saturday Night Live, often reenacting sketches with his sister for their family and friends. Throughout his four years at Saugerties High School, he actively participated in numerous stage productions. He graduated from Saugerties High School in 1992. Subsequently, Fallon enrolled at The College of Saint Rose in Albany, New York, where he performed stand-up comedy on weekends. He made the decision to leave college just one semester shy of graduation in 1995, relocating to Los Angeles at the age of 21 to fully dedicate himself to a career in comedy.

Career

In Los Angeles, Jimmy became a member of The Groundlings improv group, where he refined his stand-up comedy skills. He frequently performed at the iconic Improv, earning $7.50 per set, a sum insufficient to cover his parking expenses at the venue. Fallon first auditioned for Saturday Night Live in 1997 but did not succeed. He returned for a second audition at the age of 23, a process known for its high level of intimidation and difficulty. During this audition, he was informed by several individuals that creator Lorne Michaels rarely laughed during these evaluations. Nevertheless, Fallon delivered a strong performance, showcasing a "celebrity walk-a-thon" sketch that included impressions of famous comedians such as Jerry Seinfeld and Chris Rock. To his surprise, Michaels laughed, leading to his hiring as a cast member for the 1998-1999 season. Fallon quickly became the show's most prominent impressionist.

Initially, Fallon anticipated following in John Belushi's footsteps by spending three years on SNL. However, he was encouraged to extend his tenure when he was appointed co-anchor of Weekend Update alongside Tina Fey in 2000. In his later years on the show, Fallon starred in a sketch titled "The Barry Gibb Talk Show" with Justin Timberlake, where they portrayed the Gibb brothers, Barry and Robin. This collaboration initiated a lasting friendship between Fallon and Timberlake. Fallon remained with SNL until the conclusion of the 2004 season and has been regarded as one of the best cast members since Phil Hartman, enjoying considerable popularity among SNL enthusiasts.

In 2002, Fallon took on the role of host for the MTV Video Music Awards. During his opening monologue, he humorously parodied music videos from artists such as Eminem, Avril Lavigne, The White Stripes, Enrique Iglesias, Dave Matthews Band, and Nelly. Following his departure from SNL, Jimmy embarked on an acting career, featuring in films such as Fever Pitch, Factory Girl, Ted 2, Jem and the Holograms, iCarly, 30 Rock, Family Guy, Taxi, and Whip It.

In 2009, Jimmy Fallon succeeded Conan O'Brien as the host of the television program Late Night with Conan O'Brien, which was subsequently rebranded as Late Night with Jimmy Fallon. In April 2013, NBC revealed that Fallon had been chosen to assume the role of host for The Tonight Show, taking over from Jay Leno immediately after the conclusion of the 2014 Winter Olympics.

Notably, Fallon is the first individual in the history of The Tonight Show, aside from the original host Steve Allen, to become the permanent host without having previously served as a "Guest Host." Prior to Fallon, Jay Leno had guest-hosted for Johnny Carson, who in turn had done so for Jack Parr, and Parr had filled in for Steve Allen. Fallon has received Primetime Emmy Awards for his work on Late Night with Jimmy Fallon in 2010, Saturday Night Live in both 2012 and 2014, and The Tonight Show Starring Jimmy Fallon in 2015. In 2023, his game show "That's My Jam" received a nomination for Outstanding Game Show, while "Password," which he also serves as an executive producer for, earned a nomination in the Outstanding Host For A Game Show category for Keke Palmer.

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Personal Life

Fallon encountered film producer Nancy Juvonen, who co-owns Flower Films with Drew Barrymore, while working on the set of his film Fever Pitch. Their romantic relationship commenced in May 2007. In August of the same year, Fallon proposed to Juvonen at sunset on the dock of her family's residence in New Hampshire. The couple exchanged vows on December 22, 2007. They are the proud parents of two daughters, Winnie Rose and Francis Cole, and share their home with a golden retriever named Gary Frick, who has made appearances on Late Night with Jimmy Fallon.

During his elementary school years, he was recognized as the student most likely to succeed David Letterman. In June 2003, he had the opportunity to guest-host an episode of The Late Show with David Letterman. Fallon is widely recognized for his tendency to break character unexpectedly, a phenomenon that has led to the term "Jimmy Falloning" being coined to describe such moments.

Real Estate

Jimmy's inaugural real estate investment was a one-bedroom condominium in New York City, acquired for $850,000 in 2002. This purchase was made at the recommendation of SNL producer Lorne Michaels. Although Jimmy later disclosed that he was not in a financial position to afford the property at that time, he judiciously heeded Lorne's counsel. Following his marriage to Nancy Juvonen, the couple began acquiring adjacent units.

Notably, in 2014, they purchased a top-floor studio apartment for $725,000. This acquisition in the nine-story, approximately 35-unit building was complemented by a prior purchase of a one-bedroom apartment next to the studio for $1.35 million just months earlier. Over the years, they merged the units to form a six-bedroom, 5,000-square-foot residence.

Their total expenditure on five apartments amounted to $5.8 million. In March 2021, Jimmy and Nancy placed their combined property on the market for $15 million, and within the following year, it was sold to actress Cara Delevingne for a reported $10.8 million. Additionally, Fallon and his wife possess a residence in the Hamptons. Situated in Sagaponack, this farmhouse-style home spans 3,500 square feet and dates back to the 1800s. They acquired the property in 2011 for $5.7 million.