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Table of Contents

Dumb Money Star Pete Davidson's Real Net Worth

The comedian and actor has made millions from Saturday Night Live and his Peacock show, 'Bupkis'

By
Hiranmayi Srinivasan
Hiranmayi Srinivasan
Full Bio
Hiranmayi Srinivasan is an Associate Editor for Investopedia. She has covered personal finance topics such as budgeting, saving, investing, and economic news at Dotdash Meredith since 2021, and has experience working in digital and broadcast newsrooms.
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Published October 01, 2023
Pete Davidson

Roy Rochlin / Getty Images

Key Takeaways

  • Pete Davidson, alongside Paul Dano, Shailene Woodley, America Ferrera, and Seth Rogan, stars in the new movie Dumb Money, getting widespread distribution beginning Oct. 6.
  • The movie about the GameStop craze of January 2021 is just one of the ways Davidson has made his millions.
  • Pete Davidson's net worth is $8 million.

Dumb Money, the new movie about the YouTuber who drove the GameStop short squeeze in January 2021, is set for its wide-release debut next weekend. Craig Gillespie's movie stars actor and comedian Pete Davidson, alongside Paul Dano, Shailene Woodley, America Ferrera, and Seth Rogan.

Davidson has built his not-so-dumb fortune as a cast member on NBC's Saturday Night Live as well as other acting gigs such as Transformers: Rise of the Beasts and his TV show Bupkis. His net worth is $8 million, and here's how he made it.

Acting Jobs: Saturday Night Live, Bupkis

Davidson was a cast member of NBC's sketch comedy show, Saturday Night Live, from 2014 to 2022 and appeared in more than 150 episodes. At his peak on SNL, Davidson made about $15,000 per episode, according to Celebrity Net Worth.

In 2023, Davidson got his own TV series on NBC's streaming service Peacock called Bupkis. The show is based on Davidson's early life and the actor plays himself alongside Edie Falco and Joe Pesci. Davidson reportedly earned $500,000 per episode for Bupkis, which had eight episodes in season one and has been renewed for a second season, according to Variety.

The term "dumb money" was coined by the financial media to describe investors who tend to buy and sell investments at the worst possible time.

Real Estate Holdings

In 2021, Davidson bought a $1.2 million condo in his hometown of Staten Island, NY. Davidson listed the luxury condo for $1.3 million in December 2022 and dropped the price to $1.1 million in April 2023, according to Staten Island Live. Davidson moved from Staten Island to a penthouse loft in Brooklyn in early 2023. Davidson also bought his mother a $1.3 million home on Staten Island, which Davidson also lived in for a while, in the basement apartment of the property.

In January 2022, Davidson and his SNL colleague Colin Jost bought a decommissioned Staten Island ferry for $280,100 at an auction, according to NBC News. The 277-foot John F. Kennedy Staten Island Ferry was commissioned in 1965, but decommissioned due to mechanical issues shortly before Davidson and Jost bought it.

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  1. Celebrity Net Worth. "Pete Davidson Net Worth."

  2. Variety. "'Bupkis' Renewed For Season 2 At Peacock."

  3. Variety. "TV's $1 Million Salary Club: Kevin Costner, Sylvester Stallone, Mahershala Ali and More See Huge Paydays."

  4. SI Live. "Pete Davidson Reduces Price of Staten Island Condo by $200k."

  5. The U.S. Sun. "Pete Davidson quietly moves into massive ‘$30K-a-month’ Brooklyn loft with stunning city views & neighbors ‘love him'."

  6. SI Live. "Pete Davidson Bought His Mom a $1.3 Million Home on Staten Island. He Lives In the Basement."

  7. NBC News. "Pete Davidson, Colin Jost Buy Decommissioned Staten Island Ferry For $280,100."

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