Kevin Hart, the renowned actor and comedian, has amassed a fortune through his remarkable journey in the world of comedy, as well as his ventures and wise investments, ensuring his financial success.
In a recent development, Hart’s high-quality tequila brand, Gran Coramino, has entered into a long-term agreement with the Philadelphia Eagles to become the official luxury tequila of the NFL team. Showing his hometown pride, Hart was seen supporting the Eagles during their game against the Los Angeles Rams in the past week.
According to the financial evaluation by Celebrity Net Worth, Hart’s wealth stands at an impressive $450 million. The comedian and actor has amassed this fortune through various sources such as his successful movies, comedy tours, lucrative brand collaborations, and diverse entrepreneurial ventures. These include his own venture capital firm, a production company, and a chain of vegan restaurants, among others.
Let’s dive into the details of how Hart managed to turn his talent into millions.
Hart’s journey in the entertainment industry has been nothing short of remarkable. As an actor, he has attained immense success, with numerous films that have smashed the box office records. In fact, his movies have collectively raked in a jaw-dropping revenue of over $4 billion globally, as confirmed by Netflix.
During a candid conversation on The Late Late Show With James Corden in 2022, Hart revealed that he had received a remarkable sum of $25 million to $30 million for his role in the 2019 blockbuster, Jumanji: The Next Level. Interestingly, this impressive paycheck was the result of a back-end deal he made with the studio, where he accepted a lower upfront payment but secured a percentage of the film’s earnings. It turned out to be a smart move, considering that the Jumanji sequel went on to amass over $800 million worldwide.
This, however, was not Hart’s first brush with success in the Jumanji universe. He had previously starred in Jumanji: Welcome to the Jungle in 2017, a movie that garnered a staggering $960 million in box office revenue worldwide. Hart’s talent and comedic prowess extended beyond the Jumanji franchise, as evidenced by his involvement in other blockbuster hits such as The Secret Life of Pets and its sequel. These animated films were incredibly well-received, accumulating a whopping $875 million and $431 million in global earnings, respectively.
In addition to his remarkable achievements in the world of acting, Hart has also established himself as a renowned comedian. His stand-up comedy tours have proven to be immensely lucrative, allowing him to amass an estimated $190 million in gross tour earnings as of 2022, according to Pollstar. It is safe to say that Hart’s talents and indomitable spirit have propelled him to unparalleled heights in the entertainment industry.
In January 2021, comedian and actor Hart made headlines when he entered into an exclusive partnership with Netflix. This multiyear deal involved Hart starring in and producing four feature films for the streaming giant. Not only that, but the contract also included a first-look film agreement for Hart’s production company, HartBeat Productions. While the exact details of the deal remain unknown, it bears similarity to a previous agreement Netflix made with actor Adam Sandler, which was valued at approximately $150 million.
Aside from his thriving career in entertainment, Hart has also proven himself to be a shrewd entrepreneur with various investments and business ventures. One such venture is his own venture capital firm, HartBeat Ventures, focusing on lifestyle, wellness, media, and technology companies. HartBeat Ventures secured its first outside investment in 2022 from J.P. Morgan. A portion of this investment has been allocated to a fund aimed at supporting underrepresented founders. Notable companies in HartBeat Ventures’ diverse portfolio include Path Water, Hydrow, Moonpay (a Web3 platform), and GoPuff (a consumer goods and food delivery company).
Hart, the famous comedian, has ventured into various business endeavors. One of his successful ventures is Gran Coramino, a high-quality tequila brand that offers a range of tequilas priced at $50 to $100 per bottle. In addition to this, Hart has also created his own line of protein drinks and supplements known as VitaHustle.
Apart from his involvement in the beverage industry, Hart also owns a production company called HartBeat Productions. This company recently secured a significant investment of $100 million from Abry Partners, a private equity firm, in 2022. At the time of the deal, HartBeat Productions was estimated to be worth $650 million. One of the notable achievements of HartBeat Productions was the release of their first film, “Night School,” in 2018. Starring Kevin Hart and Tiffany Haddish, the movie earned over $100 million worldwide, showcasing the company’s success in the film industry. Additionally, Hart has also created his own comedy platform named Laugh Out Loud.
Expanding his business portfolio, Hart ventured into the culinary world by opening his plant-based restaurant called Hart House in Los Angeles in 2022. As of October 2023, Hart House has expanded to include four locations throughout the city, further establishing Hart’s presence in the restaurant industry.
Over the years, Hart has established numerous alliances with renowned companies such as Fabletics, Draftkings, Chase, and SiriusXM.
