Staten Island, New York – Pete Davidson, known for his success in the comedy world, has become a prominent figure in Staten Island. After making a name for himself in New York City’s comedy scene, Davidson secured his first major break as a cast member on “Saturday Night Live” at the young age of 20. He remained on the show for eight seasons, from 2014 to 2022. Since leaving “SNL,” Davidson wrote and starred in “The King of Staten Island,” a film that reflects his upbringing in the New York City borough and his experience dealing with the loss of his father during the 9/11 attacks.
Apart from his time on “SNL,” Davidson has been involved in various projects. He has worked on A24’s “Bodies, Bodies, Bodies” and has his own Peacock series, “Bupkis,” which offers an exaggerated portrayal of his life.
According to Celebrity Net Worth, Pete Davidson’s net worth is approximately $8 million. He reportedly earns a salary of around $500,000 for his role in “Bupkis.” His salary during his tenure on “SNL” varied depending on the number of seasons he was on the show. In their first year as a featured player, cast members are paid $7,000 per episode, which amounts to a total of $147,000 per season (excluding any disruptions due to events like COVID-19 lockdowns or strikes). Second-year cast members earn $8,000 per episode or $168,000 per season. By the fifth season, cast members make $15,000 per episode, resulting in a season salary of $315,000. Given his prominence on the show, Davidson’s salary was likely quite substantial.
Apart from his work in comedy, Davidson occasionally goes on extensive tours. He even shared a humorous anecdote about paying the bill at Kid Cudi’s birthday dinner, where he ended up booking more shows when Kanye West joined because of the rapper’s extravagant orders.
In a joint venture with Colin Jost, another “SNL” cast member from Staten Island, Davidson purchased a de-commissioned Staten Island Ferry for $280,000. They have plans to transform it into an entertainment boat, but Davidson has admitted to being unsure about the current progress of the project.
Davidson also co-owns the New York City bar called Pebble Bar, located near Rockefeller Center, where “SNL” is filmed. This establishment is shared with other celebrities such as Mark Ronson, Nicholas Braun, Justin Theroux, and Jason Sudeikis.
In terms of real estate, Davidson has made significant investments. He bought his mother a $1.3 million house in Staten Island, and later acquired a $1.2 million condo a few blocks away from her residence. Recently, he moved to the DUMBO neighborhood in Brooklyn, where he pays a monthly rent of $30,000 for his apartment.
In conclusion, Pete Davidson’s success in comedy and various ventures have contributed to his reported net worth of $8 million. As a former “SNL” cast member, he earned significant salaries depending on his tenure on the show. Additionally, his investments in real estate and bar ownership have further solidified his financial standing.