Pete Davidson Sends Colin Jost $20K Gift as Apology

Pete Davidson Sends Colin Jost $20K Gift as Apology.

Pete Davidson apparently went all out to smooth things over with Colin Jost while he was in rehab.

According to a source who chatted with TMZ, there’s no feud between the Saturday Night Live stars. However, Pete felt the need to make amends and get back in Colin’s good graces. To do that, he reportedly gave his former co-star a Cartier watch worth $20,000 as a way to apologize for his behavior before heading to rehab last year.

“Pete wanted to make clear he was taking his sobriety situation seriously ... he wanted to show Colin he would be a reliable business partner after they went in on their joint ownership of the Staten Island Ferry,” the publication reports.

Colin Jost, Pete Davidson, and Paul Italia snagged a retired Staten Island Ferry back in 2022 for $280,000. The ferry, called John F. Kennedy, was taken out of service because of some mechanical problems. The guys are looking to turn it into a floating entertainment spot, maybe even a comedy club. Right now, it’s just sitting at the dock in Staten Island while they work on getting the funds for renovations.

In 2023, Colin made a lighthearted comment about the project being a total money pit, referring to it as a “giant hole in the water” that just keeps draining their funds. Likewise, Pete confessed that he was “very stoned” when they decided to go ahead with it.

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An insider shared with TMZ that while the old pals aren’t as tight as they once were during their SNL days since they don’t work together anymore, they still get along well. If the buzz about Pete gifting a Cartier watch is accurate, that’s quite a pricey way to patch things up. But considering Pete and Colin’s net worth, it makes sense that they can splurge on fancy accessories and even boats.

Colin’s net worth is around $10 million, thanks to his long-standing career in the entertainment industry. He started as a writer on SNL in 2005 and became the co-anchor of "Weekend Update" in 2014. He’s appeared in various TV shows and films, and there are rumors he’s working on a new project with his wife, Scarlett Johansson.

On the other hand, Pete Davidson has an estimated net worth of $4 million. Besides his stand-up, he’s recognized for his roles in films like Trainwreck (2015), The King of Staten Island (2020), and Meet Cute (2022).

Pete Davidson’s generous gift to Colin Jost highlights his commitment to personal growth and maintaining strong friendships. His effort to make amends shows maturity and dedication to his sobriety journey. Despite no longer working together on SNL, Pete and Colin remain connected, especially through their shared Staten Island Ferry project.

Their lighthearted approach to business and friendship proves their bond is still intact. With exciting projects ahead for both comedians, their success continues to grow. Pete’s gesture serves as a reminder that true friendships can withstand challenges, and meaningful efforts to reconnect can go a long way.