Lorne Michaels Net Worth: Lorne Michaels is a Canadian-American television producer and writer who has a net worth of $350 million. Lorne Michaels is most widely known as the creator, executive producer and creative mind behind "Saturday Night Live". He also produced various "SNL" spin-off films and series. He is also an award-winning writer and comedian with six Emmys for his writing work. Born Lorne Lipowitz on November 17, 1944, in Toronto, Ontario, he is best known for creating and producing Saturday Night Live. After he completed his education at the University of Toronto, where he also majored in English in 1966, Michaels started his career as a writer and broadcaster for CBC Radio. Two years later, he moved to LA to work as a writer for Laugh-In and The Beautiful Phyllis Diller Show. He had the chance to star along with Hart Pomerantz in The Hart and Lorne Terrific Hour, a Canadian comedy series which ran briefly in the early 1970s. Next, he wrote a comedy for American TV titled Rowan and Martin's Laugh-In before heading for New York and starting SNL in 1975. In addition to creating the long-running show that spawned the careers of distinct comedians (like John Belushi, Gilda Radner, Eddie Murphy, Steve Martin and Mike Myers), Michaels' production company has had many other successes in television. Among his most notable productions are Kids in the Hall (1989-94) and Late Night with Conan O'Brien (1993-present), as well as Emmy-winning TV specials for Paul Simon and Lily Tomlin. What's more, he has produced several feature films, including Three Amigos (1986), Wayne's World(1992) and Coneheads (1993). Lorne Michaels was inducted into the Television Academy of Arts and Sciences Hall of Fame in 1999. With two divorces behind, he is currently married to his former assistant Alice Barry, with whom he has three children.