Summary
- Pete Davidson is known for his lavish spending.
- Davidson's career continues to thrive with film roles and TV appearances, securing his net worth.
- Davidson has battled addiction and mental health issues, investing his net worth in rehab and improving his well-being.
Pete Davidson has been in the public eye since 2013 and became a household name after becoming a regular cast member on Saturday Night Live in 2014 earning millions of dollars. While Davidson left the SNL cast in 2022, he has pursued different avenues in the entertainment industry including film appearances in Guardians of the Galaxy 3 and Fast X. With his post-SNL projects, the native Staten Islander continues to secure his net worth.
Davidson is recognized in the industry as a big spender who makes purchases on the fly. While Davidson is reported to be worth approximately $8 million, his large purchases undoubtedly have had an effect on his net worth. From purchasing a $1.2 million dollar condo to getting an expensive tattoo collection, Davidson enjoys the life he has built for himself. He is known to spend his income lavishly including making ridiculous purchases.
What Was Pete Davidson's SNL Salary?
One of the youngest cast members in SNL's 40-plus-year history, Pete Davidson was able to differentiate himself with his comedic timing and style. He enjoyed 8 years as a cast member and was reflective on his SNL journey once he left the show.
According to People Magazine, Davidson considered SNL a "home" and owes his career to SNL's legendary creator and producer, Lorne Michaels.
During his time at SNL, Davidson reportedly earned approximately $500,000 per season, making him a young millionaire. SNL only escalated Davidson's career, and he started to get cast in TV programs, comedy specials, and films.
While at SNL, Davidson began to work on additional projects that surely increased his net worth. From appearing in Comedy Central specials to lending his voice to major animated movies like The Angry Birds Movie 2, Davidson furthered his career and his fame.
He eventually was offered roles in blockbuster films such as The Suicide Squad, which he co-starred along with Margot Robbie, Idris Elba, and John Cena. In 2020, Davidson starred and co-wrote the critically acclaimed The King of Staten Island. Produced and directed by comedy legend Judd Apatow, the film gave Davidson a taste of what it's like to be a leading man.
Pete Davidson's Life Has Been Plagued By Scandal And Health Issues
Pete Davidson has had a public battle with alcohol and drugs, spending excessive amounts of money to fulfill his addiction. Marijuana is his preferred substance, and he has been seen at dispensaries purchasing marijuana products. Davidson has checked himself into rehab multiple times and invested some of his net worth in improving his overall health and well-being.
Not only has Davidson suffered from addiction, but has battled mental health challenges as well. Back in December 2018, he shared thoughts of taking his own life on his Instagram account.
Davidson is well known for his love life, including a past relationship and engagement with pop icon, Ariana Grande. After only months of dating, he proposed to Grande and they were engaged briefly before breaking up. Besides Ariana, he has dated many famous women in the entertainment industry including Kim Kardashian, Carly Aquilino, Cazzie David, Kate Beckinsale, Margaret Qualley, and Chase Sui Wonders.
Davidson has been known to express odd behavior after break-ups, including expensive McDonald's runs and relapsing on drugs. According to Men's Health, he reportedly spent $400 at McDonald's and treated some of his friends and strangers to a fast food feast after his break-up with Kate Beckinsale. Davidson also admitted to consuming horse tranquilizers after breaking up with Chase Sui Wonders.
What Ridiculous Purchases Has Pete Davidson Made?
Davidson has spent his net worth on some truly ridiculous purchases throughout his career. According to People Magazine, one of these purchases was a $93k 3-carat engagement ring for Ariana Grande, only months after beginning to date her. Unfortunately for Davidson and Grande, the engagement did not last even after such a romantic and generous gesture.
Davidson has invested millions in real estate, including purchasing a home in Staten Island for his mom and a luxurious condo for himself nearby. In January 2022, Davidson co-purchased a Staten Island ferry with SNL friend Colin Jost as an investment. The two comedians have plans to turn the decommissioned vessel into a floating comedy club/entertainment venue but have experienced issues with the boat's condition.
Davidson has reportedly amassed a small Mercedes-Benz automobile collection including an S Class and a G Wagon. He additionally purchased a minivan, according to an interview he gave on Family Trips with the Meyer Brothers.
In March 2023, he was involved in an accident with his ex, Chase Sui Wonders, and crashed one of his Mercedes-Benz vehicles into the side of a house in Beverly Hills. According to The Hollywood Reporter, he was charged with reckless driving in a Los Angeles court in June 2023.
In May 2023, Davidson purchased a dog from a pet store in New York. His choice to purchase a dog rather than adopt one from a shelter received significant backlash. The People for the Ethical Treatment of Animals (PETA) even reached out to Davidson voicing their concerns about his decision.
According to Rolling Stone, he defended his purchase claiming that he needed to find a specific breed of dog due to allergies, and left a profane-filled voicemail expressing his anger. For Halloween 2023, PETA released a Pete Davidson Halloween costume criticizing his behavior.
While much of Davidson's work has been commended, he has earned a controversial reputation in the public eye. From his struggles with substance abuse to his car accident, Davidson's questionable decisions have had negative consequences.
Among the things that Davidson is best known for is his often crazy purchases. He is not sparing with a dollar and has made huge purchases including a ferry boat and an almost $100K engagement ring. Even with a bad boy reputation, Davidson has been able to stay relevant and has taken on new projects every year, supporting his expensive lifestyle.