Drew Carey’s Net Worth in 2024: How Rich is the host of “The Price is Right”?

Learn about Drew Carey’s amazing journey, from stand-up comedy to becoming a TV star. Stand-up comedy is where Drew Carey got his start in show business. He had a unique sense of humor and wrote about things that people could relate to.

During this early part of his career, he was constantly traveling and getting better at being funny. This set the stage for his move to TV. Carey’s ability to connect with a wide range of people and his determination to keep going set him on the path to TV success.  

Drew Carey’s Net Worth in 2024

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Celebrity Net Worth says that American Drew Carey has a net worth of $165 million. He works as an actor, comedian, and TV show. Many people know Drew Carey from his work on “The Drew Carey Show” and as the host of “The Price is Right.

He was one of the best-paid entertainers in the world when he was on The Drew Carey Show, making what would be $1 million per show today if you took inflation into account.

He played a made-up version of himself on the show, which took place in his city of Cleveland and became a classic because of how funny, touching, and true to life it was.

Drew’s friendly personality and great funny timing made the show a hit with viewers and cemented his place in TV history. Drew Carey made a lot of progress in improvised comedy with “Whose Line Is It Anyway?” in addition to written comedy.

In the United States, Carey was very important to the show’s success as the host.  Improvised artists performed skits, songs, and games on the show, which often ended in hilarious ways.

Carey moved from comedy and dramas to hosting game shows after making a name for himself in those fields. He became the host of “The Price Is Right,” taking over for the famous Bob Barker.

Fans were worried at first about how Carey would live up to such big shoes, but he quickly made the part his own by respecting the show’s traditions while adding his funny touch.

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Drew Carey has been an advocate for many issues outside of TV. He also loves sports, especially soccer, and is a minority owner of the Major League Soccer team Seattle Sounders FC.

Drew has owned 7.5% of the Seattle Sounders since the beginning of the team’s history. The Sounders are worth about $700 million now.

Pay for “The Price Is Right

Drew makes $12.5 million a year as the star of “Price.That makes him one of the twenty best-paid TV hosts in the world.

Drew Carey’s Career Journey

 Drew Carey’s career journey is a remarkable story of resilience and success, spanning several decades in the entertainment industry.

Early Life and Education

Drew Allison Carey was born on May 23, 1958, in Cleveland, Ohio. He attended Rhodes High School, where he was active in the marching band as a trumpet player.

After graduating in 1975, he enrolled at Kent State University but struggled with focus and depression, leading to multiple expulsions and a suicide attempt.

Ultimately, he dropped out to pursue a comedy career. In 1980, Carey joined the U.S. Marine Corps Reserve, which provided him with structure and discipline during a tumultuous time in his life.

This experience influenced his trademark look of a military buzz cut and glasses.

drew carey

Comedy Career Beginnings

Carey began his stand-up comedy career in April 1986 at the Cleveland Comedy Club. His big break came when he competed on Star Search in 1988 and later appeared on HBO’s Young Comedians Special in 1991.

These appearances helped him gain national recognition, culminating in a memorable performance on The Tonight Show with Johnny Carson, which significantly boosted his career.

Major Television Success

In 1995, Carey starred in his sitcom, The Drew Carey Show, where he played an everyman character working at a department store.

The show became a hit and ran until 2004, solidifying Carey’s status as a household name. Concurrently, he hosted the improvisational comedy show Whose Line Is It Anyway? Further showcasing his comedic talents.

Carey also ventured into other projects, including hosting the game show Power of 10 and starring in the Disney television movie Geppetto in 2000.

 His work on Whose Line Is It Anyway? This led to the creation of Drew Carey’s Improv All-Stars, an improv troupe that performed across the country.

Hosting The Price Is Right

In July 2007, Carey succeeded Bob Barker as the host of the iconic game show The Price Is Right. His warm personality and comedic style resonated with audiences, making him a beloved figure on the show.

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Drew Carey’s Assets, Cars, Houses

Real Estate

Carey is known for his extensive real estate portfolio, owning over 14 properties.

Notably, he has:

$34 million mansion in Los Angeles, located in the upscale Universal City Overlook area. This property spans 9,500 square feet and features: Multiple bedrooms with a spa-like master bathroom. A modern architectural design Amenities such as a swimming pool, game room, and home theater. A high-end residence in Cleveland, Ohio, which reflects his roots and connection to his hometown.

Cars

Drew Carey has a passion for cars and owns several luxury vehicles, including:

  • 1998 Porsche 911 Cabriolet
  • A custom-painted Mini Cooper, which gained attention when featured on Jay Leno’s Car Garage.

Additionally, he is known to own five luxurious yachts, showcasing his taste for high-end leisure items.

Investments

Beyond real estate and cars, Carey is also a savvy investor. He holds a 7.5% stake in the Seattle Sounders FC, a Major League Soccer team valued at approximately $700 million. This investment has significantly contributed to his overall wealth.

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