Tracy Morgan, a comedian and actor with an estimated net worth of $70 million, gained fame through his roles on Saturday Night Live and 30 Rock, along with successful stand-up comedy specials and movie appearances.
Notably, he survived a life-threatening car accident, securing a substantial settlement from Walmart.
This piece explores Tracy Morgan’s wealth accumulation, his expenditure patterns, and his current endeavors in 2023.
What is Tracy Morgan’s Net Worth in 2023?
According to Celebrity Net Worth, Tracy Morgan’s net worth is estimated to be $70 million as of November 2023.
This is a significant increase from his net worth of $18 million in 2014, before his car accident.
Tracy Morgan Endorsement and Sponsorship Deals
Tracy Morgan has certainly done well for himself over the years thanks to his many talents! Here’s a quick rundown of some of the endorsement deals he’s racked up:
- Pepsi commercials (2021 with Cardi B and Steve Carell, 2017 with Morgan Freeman and Missy Elliott)
- M&M’s voiceovers (2018 and 2019 Halloween ads featuring Danny DeVito)
- Foot Locker athlete spots (2015 with James Harden, Derrick Rose, and Tim Duncan, 2013 with Kyrie Irving and Mike Tyson)
- Old Navy holiday campaigns (2013 with Jordan Peele and Kumail Nanjiani, 2012 with Snoop Dogg and Julia Louis-Dreyfus)
- Nintendo console promotions (2017 for the Switch with his kids, 2009 for the DS with his son)
Tracy’s distinctive comedic flair and skills as a pitchman have served him well with big-name brands.
It’s easy to see why companies keep lining up to work with the legendary funnyman.
Between all those major deals and his other entertainment endeavors, little wonder Tracy’s net worth is so high.
How Does Tracy Morgan Spend His Money
Tracy Morgan allocates his wealth to diverse pursuits, encompassing properties, cars, travel, parties, hobbies, and charities.
He finds joy in life’s pleasures and generously shares his affluence with family, friends, and fans, along with investments in his ventures.
Examples of his expenditures include:
- Real Estate: Tracy owns lavish properties worldwide—a mansion in Alpine, New Jersey, a Manhattan penthouse, and a Cresskill, New Jersey farm. He also rents a luxury Los Angeles apartment, investing millions in decorating with art and memorabilia.
- Luxury Cars: Tracy boasts a collection featuring a Bugatti Veyron, Lamborghini Aventador, Rolls-Royce Phantom, and Ferrari 488. His fleet also includes a custom-made limousine, Range Rover, and a Mercedes-Benz Sprinter. He spends millions customizing them with personal touches.
- Travel and Events: Tracy enjoys globetrotting and attending high-profile events like the Oscars, Grammys, and Emmys. His travels include exotic destinations such as Hawaii, Jamaica, and the Bahamas, all documented on social media, with expenses in the millions.
- Hobbies and Entertainment: Tracy indulges in video games, movies, and music, demonstrating a passion for comedy and art. Collaborations with artists like Jeff Koons and Kehinde Wiley, along with launching his clothing line, TM, and podcast, The Tracy Morgan Show, represent multimillion-dollar investments.
- Philanthropy: Tracy is a committed philanthropist supporting causes like the Make-A-Wish Foundation, Boys and Girls Club of America, and the Lupus Foundation of America. His $2 million donation to the Robert Wood Johnson University Hospital, where he received treatment after a car accident, reflects his multimillion-dollar contributions to humanitarian efforts and social causes.
Who is Tracy Morgan?
Tracy Morgan, born on November 10, 1968, in The Bronx, New York, is an American comedian and actor, the second of five children to Alicia, a homemaker, and Jimmy, a musician and Vietnam veteran.
Raised in a challenging environment in Brooklyn, he left high school to care for his terminally ill father, who succumbed to AIDS in 1987.
Initiating his comedy career on the streets, he later performed at notable venues like the Apollo Theater and the Uptown Comedy Club.
Making his TV debut on Martin in 1994, he joined Saturday Night Live in 1996, creating memorable characters.
After leaving SNL in 2003, he starred in The Tracy Morgan Show and appeared in films like Half Baked, How High, and Head of State.
Rising to fame with 30 Rock, he earned an Emmy nomination for his role as Tracy Jordan. Surviving a near-fatal 2014 car accident, he sued Walmart, receiving a $90 million settlement.
Making a comeback in 2015, he hosts SNL and received a Hollywood Walk of Fame star.
Currently starring in The Last O.G., he is married to Megan Wollover, with four children, three from a previous marriage.
Tracy Morgan Career
Tracy Morgan’s road to success hasn’t always been easy.
While people give the guy props for how funny he is and how hard he works, he’s also stirred up his fair share of controversies over the years.
Tracy’s had some legal issues in the past, like getting busted for drunk driving back in ’05 and ’06.
That earned him probation and some classes about not drinking and driving.
In 2009, his marriage hit the rocks after over 20 years together.
Rumors were flying about him being unfaithful, which couldn’t have been easy to deal with publicly.
A few years later, some of Tracy’s jokes at a stand-up show ruffled some feathers in the LGBTQ+ community.
He had to do some damage control and meet with activists to apologize after those remarks.
Then in 2014, that horrible car accident almost took his life.
Thankfully Tracy’s a fighter and made an amazing recovery.
But man, that ordeal must have been intense. He later sued Walmart and got a huge payout related to the crash.
Even with all the tough times, Tracy’s shown what a resilient dude he is.
He just keeps working hard and bouncing back stronger.
While his past mistakes have attracted criticism, Tracy deserves credit for owning up to them and continuing to make people laugh with his talent and infectious personality.
Morgan has persevered through it all.
Tracy Morgan Salary
Tracy Morgan’s salary varies depending on his projects and deals.
He has earned different amounts of money from his various projects and deals.
Some of his reported salaries are:
- Saturday Night Live (2003): $75,000 per episode, or $1.5 million for the season.
- 30 Rock (2006 to 2013): Started at $75,000 per episode, increased to $125,000 then eventually $250,000 per episode in the final season, amounting to $5.5 million for that season.
- The Last O.G. (2018 to present): Earns $300,000 per episode as star and executive producer.
- Stand-up specials: $5 million for Staying Alive on Netflix (2017), $2 million for HBO’s Black and Blue (2010), and $1 million for Comedy Central’s Bona Fide (2014).
- Movies: Earned $2 million for Cop Out (2010), $1.5 million for Death at a Funeral (2010), $1 million for Fist Fight (2017), $500,000 for Rio (2011 voice), $750,000 for Rio 2 (2014 voice).
- Endorsements: Over $10 million per year from deals with major brands like Pepsi, M&M’s, Foot Locker, Old Navy, and Nintendo.
What is Tracy Morgan Doing in 2023?
Tracy Morgan is busy and active in 2023, working on various projects and ventures.
Some of his current and upcoming activities are:
- He stars in and is an executive producer of The Last O.G. on TBS, which recently completed its fourth season. The show follows his character as he adjusts to life after prison.
- Morgan hosts The Tracy Morgan Show podcast on Spotify, which launched in 2021. He interviews celebrities and performs music and comedy.
- A Red Foxx biopic is in development for a 2024 release. Produced and starring Morgan, it will portray Foxx’s life and influence.
- Teaming with Eddie Murphy, Morgan writes and stars in a Coming to America sequel for 2025. It continues the story of Murphy’s prince character and involves Morgan’s long-lost father role.
- An extensive stand-up tour is underway across the global stage to rave reviews. A new Netflix special is set for 2026, featuring Morgan’s signature honest and hilarious takes on life and recovery.
Tracy Morgan, a comedic talent, initially gained prominence on Saturday Night Live and later starred in the successful show 30 Rock for several years, showcasing his comedic prowess.
With a net worth estimated at around $70 million, Tracy has earned his fortune through various TV roles, stand-up shows, endorsement deals, and a legal settlement following a significant car accident.
Despite splurging on luxurious houses, cars, travel, and extravagant parties, Tracy also dedicates a portion of his wealth to charitable causes.
Remaining active in new projects, including TV, movies, and stand-up specials, Tracy’s resilience and success make him a truly unique and inspirational figure in the entertainment industry.