Rich Dudes│How Funny Man David Spade Made His $60M Net Worth

Have you ever wondered how a funny man like David Spade managed to amass a $60 million net worth? Well, buckle up because we're about to dive into the life and investments of this American actor, comedian, and writer extraordinaire.

We’ve uncovered the secrets behind David Spade's net worth, his fascinating career journey, and even a few nuggets of investing wisdom from the man himself. So, are you ready to laugh your way to the bank?

David Spade's illustrious career spans over three decades, with memorable roles in movies such as Tommy Boy, Joe Dirt, and Grown Ups and a successful TV show stint in Rules of Engagement. But how exactly did he amass his $60 million net worth? Let's uncover the secrets to his wealth.

David Spade's not just a funny guy with a loaded wallet—he's also had his fair share of love stories. Heather Locklear, Julie Bowen, Teri Hatcher, and Naya Rivera are just some women he's been linked with. 

He's got a daughter too—Harper, born in 2008, and her mother is former Playboy Playmate Jillian Grace. Plus, David’s never been hitched and has two brothers, one's a construction dude, and the other, Andy Spade, is just another cool dude.

Born on July 22, 1964, in Birmingham, Michigan, David Wayne Spade was destined for greatness and laughter.

David Spade's net worth is mostly from his successful comedy career, acting in movies like Tommy Boy, Grown Ups, and Joe Dirt, his own Netflix comedy special, and starring in the sitcom Rules of Engagement. 

David Spade's comedic style and impeccable timing resonated with audiences and helped him climb the ladder of success in the entertainment industry. With a net worth of $60 million, his talent for making people laugh has paid off handsomely.

But what led him to this impressive fortune? Let's take a closer look at how David Spade got rich.

David Spade's journey into comedy began during his college days at Scottsdale Community College and Arizona State University. He performed in the Farce Side Comedy Hour, a sketch comedy show that showcased his comedic talents. As his career started to take off, he dropped out of college to pursue his dream of becoming a stand-up comedian.

Before hitting the big time in Los Angeles, David Spade honed his comedic skills at Greasy Tony's Pizza in Arizona. This early experience, combined with his natural talent, led to a successful audition for Saturday Night Live. On SNL, he would eventually make a name for himself and skyrocket to fame, paving the way for an impressive acting career.

Spade rose to fame after joining the SNL cast in 1990. While on the project, he formed a legendary partnership with fellow comedian, the late Chris Farley. Together, they starred in iconic movies like Tommy Boy and Black Sheep, leaving audiences in stitches and cementing their status as comedic legends.

In addition to his successful acting career, David Spade hosted award shows. He even had his talk show, The Showbiz Show with David Spade, where he humorously picked apart Hollywood and celebrity culture. His success on SNL and beyond proved that he had a talent for making people laugh and an undeniable ability to turn that laughter into a lucrative career.

After his time on SNL, David Spade continued to dominate the comedy world with roles in television shows like Just Shoot Me!, and 8 Simple Rules. He also starred in the film 8 Heads in a Duffel Bag, further solidifying his place in the entertainment industry.

David Spade's successful post-SNL career made him a household name and brought in big bucks. He earned an impressive $150,000 per episode for the first seasons of Just Shoot Me! and continued to raise substantial salaries for his other television roles.

Throughout his career, David Spade has been recognized for his exceptional comedic talent with Emmy and Golden Globe nominations for his role on Just Shoot Me! and a Razzie Award for Worst Supporting Actress for his performance in Jack and Jill.

On February 14, 2017, David Spade was honored with a Hollywood Walk of Fame star, recognizing his outstanding contributions to the entertainment world. This prestigious accolade further solidifies Spade's status as a comedy legend and showcases his impact on audiences worldwide.

David Spade's investment strategy includes diversifying his portfolio across asset classes like movies and television, stand-up comedy, cars, and real estate. This varied investment approach has allowed him to grow his net worth and maintain financial stability throughout his career.

Throughout his career, David Spade has been involved in various television shows and films, showcasing his talent for comedy and his ability to captivate audiences. His most notable roles include Joe Dirt, Grown Ups, and Rules of Engagement. These projects provided him with a steady income and allowed him to invest in his career and the entertainment industry.

David Spade is taking a comedic turn as the host of Fox's upcoming game show, Snake Oil. The show promises to entertain as contestants try to distinguish between real and fake products in hopes of winning big bucks. Will Arnett's production company is behind the show, so we can only hope he doesn't make a cameo, dressing as Batman to confuse everyone.

David Spade's involvement in TV shows and movies has significantly built his net worth. By investing in his talent and taking on diverse roles, he has created a successful and lucrative career that continues to thrive today.

David Spade's stand-up comedy career has also contributed to his impressive net worth. He has released several comedy albums, such as Take the Hit and Laughin' & Cryin' with the Punchlines, and performed stand-up comedy tours that have entertained audiences and earned him a substantial income.

Investing in his stand-up career has allowed him to build on his success as a comedian and expand his reach in the entertainment world.

David Spade's a lucky guy who knows how to treat himself, especially with his car collection. He's got a $3 million Bugatti Chiron and a $1 million Lamborghini Aventador, both of which are uber-luxe.

But Spade's sentimental side shows up with his 1987 Buick Grand National—his favorite ride. The car collector guru restored it to perfection for $9.000 and sold it for $33,000. And let's not forget about his sweet Plymouth Road Runner, worth over $900,000. David Spade certainly knows how to live life in the fast lane.

David Spade's 1969 Ford Mustang Mach 1 was sold at the Barrett-Jackson Scottsdale auction in 2021. Boasting impressive celebrity ownership and exhibiting pristine condition, the car was sold for a hammer price of $88,000.

By investing in high-end cars, Spade is enjoying his wealth, diversifying his portfolio, and potentially increasing the value of his assets.

The automotive industry is expected to face challenges due to supply chain disruptions, inflation, and interest rates in 2023, but EV sales are projected to grow by 29% YoY, reaching an estimated 12.1 million units globally.

The chip shortage that affected the industry in 2022 is expected to ease, leading to increased inventory and options for buyers. Subscription plans for features and higher costs for desirable features are becoming more common, and Stellantis NV, Porsche Automobil Holding SE, and Mercedes-Benz Group AG are among the top car stocks for Q2 2023.

For investors looking to invest in cars, it is essential to keep an eye on the growth of electric vehicles, as they are becoming more popular worldwide. Incentives for commercial vehicles and fleet owners are expected to encourage more buyers to consider electrified solutions.

David Spade owns luxurious properties in Los Angeles, Malibu, Miami Beach, and even a cabin in Arizona. These properties provide him with beautiful places to live and serve as valuable assets that can appreciate over time.

David Spade's 6500-square-foot Beverly Hills home was sold in February 2022 for just under $20 million. Spade renovated the home with hardwood floors, a new roof, a refreshed kitchen, and a bar in a television room in the desirable Trousdale Estates. The gated residence has four bedrooms and stunning views of the city and the Pacific Ocean.

David Spade recently bought a $14 million mansion in LA's Sunset Strip. The lavish nearly-acre property features a pool and a full-sized tennis court. The crib includes floor-to-ceiling windows, a formal living room with an indoor living tree, a gourmet dine-in kitchen, an elevated dining room, and a primary suite with a loft and walk-in closet.

Real estate presents both advantages and risks as an investment, with rising mortgage rates and home prices causing uncertainty in the market. Foreclosure activity has increased by over 64% since 2022, leading to more inventory options for real estate investors in 2023. Residential rental rates will continue to grow, allowing investors to rent out properties for income or buy a property for long-term gain.

David Spade's website, davidspade.com, offers a variety of merchandise and products from the comedian. From apparel to accessories, the website features a range of items related to his performances, writings, and persona.

David Spade's investment strategy emphasizes diversifying his portfolio across asset classes and taking calculated risks to grow his net worth. By learning from his investment approach and applying these principles, we, too, can increase our wealth and achieve financial success.

David Spade's got a $60 million cash stack, showing his talent, hustle, and smart investments. By keeping them diversified, calculatedly taking risks, and betting on himself, he's made bank, and his career is on fire. It's a good lesson—we can apply these principles in our lives and work towards financial success.