When it comes to Tracy Morgan net worth, the comedian and actor has built an impressive fortune over the years.
From starring in iconic shows like Saturday Night Live and 30 Rock to securing a major Walmart settlement, his wealth journey is fascinating.
Join Ando Money as we explore the key financial milestones behind his success.
Quick Facts
| FACT | DETAIL |
|---|---|
| Real Name | Tracy Jamal Morgan |
| Popular Name | Tracy Morgan |
| Gender | Male |
| Birth Date | November 10, 1968 |
| Age | 55 |
| Parents | Alicia Warden, James Morgan Jr. |
| Siblings | 4 |
| Birthplace | Bronx, New York, USA |
| Nationality | American |
| Ethnicity | African American |
| Education | DeWitt Clinton High School |
| Marital Status | Divorced |
| Spouse | Megan Wollover (2015–2020) |
| Children | 4 |
| Dating | N/A |
| Net Worth | $70 million |
| Source of Wealth | Comedy, Acting |
| Height | 5 feet 10 inches (1.78 m) |
What is the Net Worth Of Tracy Morgan in 2024?
In 2024, Tracy Morgan’s net worth is estimated at $70 million. This fortune is the result of his successful acting career, lucrative television contracts, and stand-up comedy specials.
His financial journey also includes a significant settlement from his lawsuit against Walmart following a car accident in 2014. Compared to other high-earning comedians and actors, Tracy has secured a solid financial footing.
His net worth places him alongside peers who have earned similarly from both television and films.
Other notable figures in similar industries:
- Tina Fey
- Alec Baldwin
- Eddie Murphy
- Chris Rock
- Kevin Hart
- Steve Martin
- Jordan Peele
- Jane Krakowski
- Jimmy Fallon
- Seth Meyers
If you’re curious about how other comedians stack up financially, check out our list of the top richest comedians here.
Salary and Finance Overview
How He Built His Wealth Through Acting and Comedy
Tracy Morgan’s career began with stand-up comedy, where he quickly gained recognition for his bold and relatable humor.
His major breakthrough came with his role as a cast member on Saturday Night Live from 1996 to 2003, where he earned significant income and fame. This early success laid the foundation for his television and film career.
His next big milestone was starring in 30 Rock from 2006 to 2013, playing Tracy Jordan, a character loosely based on his real-life personality.
The show’s popularity not only boosted his fame but also brought in substantial income.
Alongside his TV roles, Tracy appeared in films like The Longest Yard and Rio, where his earnings continued to grow through acting contracts and voice work.
His Major Salary Milestones in Television and Film
During his Saturday Night Live days, Tracy earned a base salary typical of many comedians on the show.
However, his contract negotiations for 30 Rock were far more lucrative, with reports indicating substantial per-episode earnings, especially as the show gained success and critical acclaim.
In addition to this, his participation in popular films like Cop Out and his voice roles in animated movies such as Rio added to his total earnings.
How His Awards and Achievements Boosted His Career
Tracy Morgan’s achievements in the entertainment industry have undeniably bolstered his career.
His two Primetime Emmy nominations, for his work on both 30 Rock and Saturday Night Live, showcased his talent and helped secure higher-paying roles.
Moreover, his star on the Hollywood Walk of Fame in 2018 further solidified his reputation, increasing his marketability and leading to more lucrative opportunities.
In 2022, Tracy became the first Black recipient of the New York Friars Club Entertainment Icon Award, which further enhanced his status in the comedy and acting world.
These achievements contributed to his rising financial success, adding prestige to his resume.
The Financial Impact of His Walmart Settlement
One of the most significant events in Tracy’s life was the Walmart truck accident in 2014.
The accident left him with severe injuries, and his subsequent lawsuit against Walmart resulted in a settlement. While the exact amount of the settlement has not been confirmed, reports suggest that it may have been as high as $90 million.
This financial windfall was a major factor in Tracy’s overall wealth, though his lawyer denied the rumored figure. Nevertheless, the settlement ensured that Tracy could continue to support his family and recover without financial strain.
From Stand-up Specials and Comedy Tours
He is not only an actor but also a comedian who has headlined several successful stand-up specials.
His comedy specials, such as Black and Blue (2011) and Staying Alive (2017), have been well-received, contributing significantly to his earnings.
Additionally, his national and international comedy tours have generated substantial revenue, keeping him relevant and in-demand in the comedy world.
Real Estate Investments and Financial Decisions
Tracy’s real estate investments have played a role in his overall financial standing. In 2015, he purchased a lavish mansion in Alpine, New Jersey, for $13.9 million.
However, real estate has not always been smooth sailing for him, as he sold a previous property for a loss. Despite these fluctuations, his choice to invest in high-end properties has added to his financial portfolio.
His Personal Life’s Influence on His Financial Situation
Tracy’s personal life has also impacted his finances. His divorce from Megan Wollover in 2020, after nearly five years of marriage, likely resulted in financial settlements.
As a father of four, Tracy also bears the financial responsibilities of parenthood, though he has remained successful enough to manage these commitments without public difficulty.
FAQs About Tracy Morgan
How did he become famous?
He gained fame primarily through his role on Saturday Night Live and later starred in 30 Rock, which cemented his place in the entertainment industry.
What was the Walmart accident?
In 2014, Tracy was involved in a serious car accident involving a Walmart truck, leading to a significant legal settlement.
How many children does he have?
He has four children, including Tracy Morgan Jr. and Maven Sonae Morgan.
What is his connection to 30 Rock?
Tracy starred as Tracy Jordan, a character loosely based on himself, in the NBC sitcom 30 Rock from 2006 to 2013.
What awards has he won?
He has been nominated for two Primetime Emmy Awards and received a star on the Hollywood Walk of Fame in 2018.
What health challenges has he faced?
Tracy was diagnosed with diabetes in 1996 and received a kidney transplant in 2010. He also endured severe injuries from the Walmart accident in 2014.
What are some of his famous roles?
His most famous roles include Saturday Night Live, 30 Rock, and voice work in the animated film Rio.
Who is his ex-wife?
Tracy was married to Megan Wollover from 2015 to 2020.
Conclusion
Tracy Morgan’s career and financial journey are inspiring, showing resilience and success through numerous challenges. If you’re interested in exploring more celebrity financial stories, feel free to leave a comment, share this article, or check out other content on www.andomoney.com!
