Actor and comedian Kevin Hart has made millions from his comedy career, business ventures and investments
Highlights
- Kevin Hart, comedian and actor, has a $450 million net worth according to Celebrity Net Worth.
- The Philadelphia Eagles and Hart’s premium tequila brand, Gran Coramino, inked a multi-year cooperation agreement for Hart to become the NFL team’s official luxury tequila.
- Through his business endeavors, investments, and comedic talents, Hart has amassed millions of dollars.
- Abry Partners, a private equity firm, invested $100 million in Hart’s production company, HartBeat Productions, valuing the business at $650 million.
- Over the years, Hart has partnered with numerous well-known companies, such as Fabletics, Draftkings, Chase, and SiriusXM.
The Philadelphia Eagles and Hart’s premium tequila brand, Gran Coramino, have inked a multiyear deal for Hart to become the NFL team’s official luxury tequila.
Hart, a native of Philadelphia, was seen encouraging the Eagles during last week’s game against the Los Angeles Rams. Celebrity Net Worth estimates Kevin Hart net worth to be $450 million.
Hart makes his money from comedy tours, movies, brand alliances, and his own companies, which include a production company, a vegan restaurant chain, and his own venture capital firm.
This is how Hart amassed his millions.
Comedy and Acting Career
Actor Hart has amassed millions of dollars because many of his movies have been box-office successes. According to a Netflix release, Hart’s movies have made over $4 billion at the worldwide box office overall.
In a 2022 interview with James Corden on The Late Late Show, Hart said that he got between $25 million and $30 million for the 2019 movie, Jumanji: The Next Level, from the studio under a back-end arrangement in which he receives less money up front but gets paid when the movie does well.
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The Jumanji sequel brought in over $800 million at the box office worldwide. In 2017, Hart acted in the film Jumanji: Welcome to the Jungle, which brought in over $960 million at the global box office. Hart has also directed several more high-grossing movies, such as The Secret Life of Pets and its follow-up, which took in $875 million and $431 million globally, respectively
Throughout his career, contributing significantly to his impressive Kevin Hart net worth, Hart has also participated in several successful comedy tours. As of 2022, Hart has made around $190 million in gross tour profits, according to a Pollstar estimate.
Hart and Netflix negotiated an exclusive, multi-year deal in January 2021 for four feature projects in which Hart would both produce and star. A first-look picture deal for Hart’s firm, HartBeat Productions, is also included in the pact. Hart’s contract with the streaming giant is unclear in value, but Deadline reports that Netflix struck a similar agreement with actor Adam Sandler in 2020 for four films, which was valued at roughly $150 million.
Businesses and Investments
Hart has a wide range of investments and companies under his belt as a competent businessman, which further supplement Kevin Hart net worth.
Hart is the founder of HartBeat Ventures, a venture capital firm that invests in media, technology, lifestyle, and wellness businesses. According to TechCrunch, J.P. Morgan made the company’s first outside investment in 2022, with a portion of the funds going toward a fund to promote minority creators. GoPuff, a consumer products and food delivery business, Path Water, Hydrow, and Moonpay, a Web3 platform, are a few of the businesses in HartBeat Ventures’ portfolio.
Gran Coramino, Hart’s premium tequila line, retails for between $50 and $100 a bottle. The comedian also owns VitaHustle, a brand of protein drinks and supplements.
In addition, Hart owns HartBeat Productions, a producing firm. Private equity fund Abry Partners invested $100 million in HartBeat Productions in 2022. HartBeat Productions was valued at $650 million at the time of the transaction. Starring Kevin Hart and Tiffany Haddish, Hartbeat’s debut feature, Night School (2018) brought in over $100 million globally.
Hart also runs a humor website called Laugh Out Loud. Hart opened Hart House, a plant-based restaurant, in Los Angeles in 2022. There are four Hart House locations in the city as of October 2023.
Over the years, Hart has also partnered with other well-known companies, such as Fabletics, Draftkings, Chase, and SiriusXM.
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