James Douglas Muir, widely known as Jay Leno, is a 70-year-old American comedian, former TV host, actor, writer, and producer.
He left the stage to sit behind the mic as the host for the “Tonight Show” on NBS from 1992 to 2009. This long tenure caused him to be popular and induced into the ‘Television Hall of Fame’ in 2014.
At the same time, it earned him a huge amount of money. This article will solely put in the spotlight how much wealth the multi-award-winning host has accrued.
Jay Leno Net Worth: $450 Million.
Over the past 30 years, his wealth has experienced exponential growth.
In 1992, it was $1 million, the lowest point on the graph. It was reported that he earned $32 million in 2005.
This steady rise continued even after he left ‘The Tonight Show’ and start his ‘Jay Leno Show‘ in 2009. With close to 45 years of active career, having started in 1976, it is no surprise that he has accumulated so much wealth. As of 2021, Jay Leno’s net worth is $450 million.
Houses and Property.
That kind of money cannot be built purely on salary, and there has to be property alongside. When it comes to material wealth, Leno is a master of his own.
His house in Newport, Rhode Island, sitting on 5800 square feet of land with ten bedrooms, a carriage, and a pool house, is worth $14 million.
Switching focus to cars, we learned that Leno has a taste for the classics. His collection currently stands at over 100 cars and 90 motorbikes; incredibly, it is valued at $52 million.
And all that is right inside his garage! A peek into this unique collection revealed that he owns a 1955 Mercedes 300SL Gullwing Coupe worth $1.8 million, a 2014 McLaren P1 worth $1.35 million, and the 2006 Ecojet priceless.
To acquire such an amount of wealth, Leno had to set some economic rules. The first one was not to buy property on the mortgage—the second one, no use of credit cards, lest he overspends and runs bankrupt. And lastly, never to sell any of his cars and bikes on credit, cash only.
The last one was not very smart since he could have earned interest out of the sales, which could have improved his net worth.
Still, his strategy worked. Leno is a philanthropist, and together with his wife Mavis, since 1980, they have given back big time.