The Tonight Show Host Jimmy Fallon’s Net Worth: How Much Money Does He Have?

Jimmy Fallon is an American comedian, writer, television presenter, actor, singer, and producer who is best known for his work on The Tonight Show Starring Jimmy Fallon. Jimmy Fallon has a net worth of 60 million dollars, according to Forbes magazine.

Besides his work on Saturday Night Live, he is well-known for his role as host of The Tonight Show Starring Jimmy Fallon, and as the host of Late Night with Jimmy Fallon, among other things. His yearly pay as host of The Tonight Show with Jay Leno is 16 million dollars.

Early Life

Jimmy Fallon Net Worth
Jimmy Fallon's Net Worth

Jimmy Fallon was born on September 19, 1974, in the Bay Ridge area of Brooklyn, New York, to a family of five children and a single mother. Autumn Fallon went to St. Mary of the Snow School, which is a Roman Catholic institution.

He had been an altar boy in school and had explored becoming a priest at one point. In the course of listening to the Dr. Demento program on the radio, Fallon outgrew his religious aspirations and became more interested in comedic endeavors.

Fallon, like many other youngsters, grew infatuated with the sketch comedy show Saturday Night Live. He and his sister performed bits from the program in front of their parents and other family members.

During his four years of high school at Saugerties High School, he was a performer in nearly all of the theatre performances that took place. He received his high school diploma from Saugerties High School in 1992.

Fallon attended The College of Saint Rose in Albany, New York, where he received his degree. On Saturdays and Sundays, he did stand-up comedy. He dropped out of college a semester before graduating in 1995 and relocated to Los Angeles at the age of 21 to pursue a full-time comedy career.

Career

Jimmy Fallon Net Worth
Jimmy Fallon Net Worth

Jimmy began honing his standup routine in Los Angeles after joining the improv troupe The Groundlings. He frequently performed stand-up at the famed Improv, where he received a meagre $7.50 each performance, not including the price of parking.

When Fallon initially tried out for Saturday Night Live in 1997, he was turned down. At the age of 23, Fallon got a second tryout for Saturday Night Live. Auditions for Saturday Night Live (SNL) are famously demanding and daunting.

Several attendees during the audition informed him that Lorne Michaels, the show's creator, seldom laughed during auditions. Fallon performed great on stage. Jerry Seinfeld and Chris Rock were among the famous comedians he impersonated in a “celebrity walk-a-thin” routine he did.

Michaels burst up laughing. During the 1998-1999 season, he was recruited as a cast member During his time on the show, Fallon became one of the most prominent impressionists.

In the beginning, Fallon assumed he would spend three years on SNL like John Belushi. He was convinced to stay by Tina Fey in 2000 when he was handed control of the Weekend Update.

With Justin Timberlake, Jimmy Fallon co-starred in “The Barry Gibb Talk Show,” an SNL spoof in which they acted as Barry and Robin Gibb, respectively. Long-term cooperation with Timberlake began with this meeting.

Fallon stayed on as a regular performer on Saturday Night Live through the 2004 season. Since Phil Hartman, he has been hailed as the finest SNL cast member.

For the MTV Video Music Awards in 2002, Jimmy Fallon hosted. “The Tonight Show Starring Jimmy Fallon” host Fallon parodied several artists' music videos in the course of his opening monologue.

In the years following his departure from SNL, Jimmy pursued a career as an actor in films such as Fever Pitch, Factory Girl, Ted 2 and Jem and the Holograms.

Late Night with Conan O'Brien was renamed Late Night with Jimmy Fallon in 2009 after he replaced Conan O'Brien as the show's presenter. NBC announced in April 2013 that Jimmy has been chosen to succeed Jay Leno as host of The Tonight Show following the 2014 Winter Olympic Games.

Except for the original host Steve Allen, Fallon is the only host of The Tonight Show to assume the role of the permanent host without first serving as a “Guest Host.” It had been done by Jay Leno for Johnny Carson before him, by Johnny Carson for Jack Parr, and by Steve Allen for both Jack Parr and Jay Leno.

Late Night with Jimmy Fallon, Saturday Night Live, and The Tonight Show Starring Jimmy Fallon have all received Fallon Primetime Emmy Awards.

Personal Life

Jimmy Fallon Net Worth
Jimmy Fallon's Net Worth

On the set of his film Fever Pitch, Fallon met Nancy Juvonen, a film producer who is also the co-owner (together with Drew Barrymore) of Flower Films. They started dating in May 2007 and have been together since.

In August 2007, Fallon proposed on the pier of Juvonen's family house in New Hampshire, while the sun was setting. On December 22, 2007, they exchanged wedding vows. They have two kids, Winnie Rose and Francis Cole, as well as a golden retriever named Gary Frick, who they rescued from a puppy mill. Gary has made an appearance on Jimmy Fallon's Late Night with Jimmy Fallon.

Autumn Fallon was named one of People Magazine's 50 Most Eligible Bachelors a year before his marriage. In 2002, People Magazine named Fallon one of the world's 50 most beautiful people, and she was named to the list.

He was chosen as the most probable candidate to take over for David Letterman while he was in elementary school. In June of 2003, he appeared on David Letterman's show as a guest host.

Jimmy Fallon is a term that refers to Fallon breaking character (and cracking up) in such a way that it is sometimes used to refer to breaking character in general.

He is good friends with actress Parker Posey, who used to reside in the same building as him while he lived in New York City.

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Salary Highlights

Jimmy's annual pay for presenting The Tonight Show with Jimmy Fallon is $16,000,000.

Real Estate

Jimmy Fallon Net Worth
Jimmy Fallon Net Worth

A one-bedroom condo in New York City for $850,000 was Jimmy's first real estate acquisition, which he made in 2002, and it was his first home. Lorne Michaels, the producer of Saturday Night Live, encouraged him to purchase the flat.

Jimmy subsequently acknowledged that he could not have afforded the purchase back in 2002, but he wisely heeded Lorne's advice and made the buy. Following his marriage to Nancy Juvonen, he and his wife began purchasing adjacent properties.

For example, in 2014, they spent $725,000 on a studio unit on the top level. The acquisition of the studio apartment in the nine-story, approximately 35-unit building was in addition to the purchase of a one-bedroom apartment next door to the studio for $1.35 million a few months earlier.

It took some work, but eventually, they managed to merge the apartments to form a 6-bedroom, 5,000-square foot condo. They spent a total of $5.8 million for five residences in total. Jimmy and Nancy want to sell their property for $15 million when it goes on the market in March 2021.

Fallon and his wife have a property in the Hamptons that they like spending time in. It's a 3,500-square-foot farmhouse-style home in Sagaponack that was built in the 1800s and has been beautifully restored. They purchased the property in 2011 for $5.7 million.