Drew Carey has established himself as a versatile and beloved entertainer with a range of successful businesses, from comedy to game shows. Drew Carey with a net worth of $165 million, he has become one of the wealthiest entertainers in the industry. But how did he build his fortune, and what has he achieved throughout his career?
This article will explore Drew Carey’s Net worth and journey to financial success and provide insight into his diverse career. From his early life in Ohio to his current status as a well-respected host and actor, we will uncover the highlights of his story and the impact he has had on the entertainment industry.
Early Life and Career
Born and raised in Cleveland, Ohio, Drew Carey grew up in a working-class family. His father was a veteran who served in World War II and his mother worked as a server. After graduating from high school, Carey joined the U.S. Marine Corps, following in his father’s footsteps. However, he soon realized that military life was not for him and began to pursue his passion for comedy. Carey’s first steps into the entertainment industry were in the world of stand-up comedy. He started performing in local clubs and bars, honing his craft and developing the sharp wit and charming personality that would become his trademark.
“I wanted to make people laugh and forget their troubles, just like the comedians I admired growing up. So, I took a chance and started doing stand-up. It was scary at first, but I knew I had found my calling.”
Carey soon began to gain recognition for his unique brand of humor, which often incorporated observational jokes and a blue-collar perspective. His early performances led to small roles in TV shows and stand-up specials, giving him a platform to showcase his talent.
Rise to Fame
Drew Carey’s big break came in 1995 when he landed the lead role in the sitcom “The Drew Carey Show.” The show, which ran for nine seasons, became a massive hit and propelled him into the spotlight. Carey’s character, a lovable and relatable everyman, resonated with audiences and established him as a leading comedy star. During this time, he also began hosting the American version of the improvisational comedy show “Whose Line Is It Anyway?” in 1998, further showcasing his quick wit and ability to think on his feet.
“I’ve always loved improv, and ‘Whose Line’ gave me the chance to work with some of the best comedians in the business. It was a joy to be a part of and really pushed me creatively.”
Carey’s success and popularity led to numerous other projects, including hosting “The Drew Carey Project” and “Green Screen Show.” He also made guest appearances on popular shows such as “The Simpsons” and “Family Guy,” displaying his versatility and appeal to a wide range of audiences. In 1997, he added “author” to his resume, releasing the book “Dirty Jokes and Beer: Stories of the Unrefined,” which won him an Emmy for Best Spoken Comedy Album.
The Price Is Right and Other Businesses
In October 2007, Drew Carey took on one of his most prominent and enduring roles as the host of “The Price Is Right,” one of the longest-running game shows in television history. This new role solidified his status as a beloved television personality and brought him into the homes of millions of viewers across the country. Carey’s quick humor and ability to connect with contestants and the audience made him the perfect fit for the show. In 2022, he celebrated his 15th anniversary as host, a testament to his enduring popularity and skill.
| Year | Achievement |
|---|---|
| 1995 – 2004 | The Drew Carey Show airs for 9 seasons |
| 1998 – 2006 | Hosts the American version of “Whose Line Is It Anyway?” |
| 2007 – Present | Becomes host of “The Price Is Right” |
| 2011 | Hosts “Drew Carey’s Improv-A-Ganza” |
Carey has also explored other businesses outside of game shows and comedy. He is a passionate sports fan and has owned a stake in the Seattle Sounders FC, a Major League Soccer team, since 2006. His love for sports has also led him to host “The Drew League,” a sports-themed talk show, and he even served as the commissioner of the short-lived “Midget Wrestling: WC Tiny,” displaying his diverse interests and willingness to take on new challenges.
Some investment has proven to be quite beneficial, with his stake valued at approximately $51 million.
- Drew Carey Net worth: $165 million
- The Price Is Right: Host since 2007, $12.5 million annual salary.
- Drew Carey’s Improv-A-Ganza: Primetime improv show.
- Seattle Sounders FC: 7.5% ownership stake, worth $51 million.
It’s worth noting that Carey’s financial success has been consistent over time. During his time on “The Drew Carey Show,” he was one of the highest-paid entertainers in the world. This early financial success provided a strong foundation for his current wealth.
Drew Carey Net worth and Financial Success
Drew Carey net worth of $165 million is a result of his diverse and successful career. His annual salary from “The Price Is Right” is $12.5 million, contributing significantly to his wealth. During his time on “The Drew Carey Show,” he was one of the highest-paid entertainers in the world, ranking 24th on Forbes’ list in 1998 with earnings of $45.5 million. His stake in the Seattle Sounders FC is also substantial, valued at $51 million.
“I’ve been fortunate to turn my passions into a successful career. It’s a privilege to do what I love and be financially rewarded for it. It’s also a responsibility to use my platform and resources to give back and make a positive impact.”
This investment has proven to be quite beneficial, with his stake valued at approximately $51 million. Carey’s business businesses and investments have contributed to his financial success. In addition to his stake in the Sounders, he has made smart choices with his earnings, ensuring his long-term financial stability. Drew Carey net worth continues to grow, reflecting his enduring popularity and the diverse income streams he has developed.
Expensive Purchases Made by Drew Carey
- House: Drew Carey owns a house in the Old Brooklyn neighborhood of Cleveland, Ohio, where he grew up. He also owns a home in Los Angeles, California, where he currently resides.
- Cars: Drew Carey is a car enthusiast and has owned several cars throughout his career, including a 1966 Ford Mustang, a 1967 Chevrolet Corvette, and a 2011 Audi R8.
- Motorcycles: Drew Carey is also a motorcycle enthusiast and has owned several motorcycles, including a Harley-Davidson Softail Deluxe and a Ducati Monster.
- Watches: Drew Carey is known to wear luxury watches, including a Rolex Submariner and a Patek Philippe Calatrava.
- Sports Teams: Drew Carey is a minority owner of the Seattle Sounders FC, a professional soccer team that plays in Major League Soccer (MLS).
- Other Assets: Drew Carey also owns a production company, Mabel Cat Productions, which has produced several TV shows, including “The Drew Carey Show” and “Whose Line Is It Anyway?”.
He also owns a stake in the improv comedy club, The Second City, in Chicago, Illinois.
Conclusion
Drew Carey’s career has been a remarkable journey, from his humble beginnings in Ohio to his current status as a respected and beloved entertainer. His versatility and quick wit have allowed him to succeed in various roles, from stand-up comedy to game show hosting. With a net worth of $165 million, he has proven his financial prowess and established himself as one of the industry’s top entertainers. Carey’s impact on the entertainment industry is undeniable, and his legacy will continue to be felt for years to come. His story serves as an inspiration to anyone pursuing their dreams, showing that hard work, talent, and a unique perspective can lead to incredible success.
