Jimmy Fallon Net Worth

What is Jimmy Fallon's net worth and salary?

Jimmy Fallon is an American comedian, writer, television host, actor, singer, and producer who has a net worth of $70 million. Jimmy Fallon is best known for his work on "Saturday Night Live" and as the longtime host of "The Tonight Show." Fallon first rose to prominence in the late 1990s as a cast member on "SNL," where he became known for his celebrity impressions, musical parodies, and frequent inability to keep a straight face during sketches. He joined the show in 1998 and co-anchored the popular "Weekend Update" segment with Tina Fey from 2000 to 2004, becoming one of the breakout stars of that era.

After leaving "SNL" in 2004 to pursue a film career, Fallon starred in several movies, including "Taxi" and "Fever Pitch," but saw only modest success on the big screen. His true breakthrough came in 2009 when he was chosen to host "Late Night with Jimmy Fallon" on NBC. Blending music, viral sketches, celebrity games, and social media-friendly content, Fallon reinvented the late-night format for a younger, internet-savvy audience.

In 2014, he succeeded Jay Leno as host of "The Tonight Show," bringing his upbeat, playful style and musical talents to the iconic franchise. Under Fallon's leadership, the show has featured memorable segments like "Lip Sync Battle," "Classroom Instruments," and numerous celebrity impressions and games, helping it dominate online viewership even as traditional ratings fluctuated.

Fallon is also a Grammy and Emmy winner, an accomplished writer of children's books, and a frequent collaborator with musicians. While occasionally criticized for his lighthearted and apolitical tone, Fallon has maintained widespread appeal with his affable personality and commitment to entertainment over controversy. His impact on late-night TV has been defined by an emphasis on positivity, musicality, and viral moments that blur the line between television and digital media.

Salary

Jimmy's annual salary for hosting "The Tonight Show" is $16 million.

(Photo by Paul Drinkwater/NBCUniversal via Getty Images)

Early Life

Jimmy Fallon was born on September 19, 1974, in the Bay Ridge neighborhood of Brooklyn, New York. Fallon attended St. Mary of the Snow, a Roman Catholic school. He was an altar boy in school and, for a time, considered being a priest. Fallon outgrew his religious ambition when he started getting more into comedy by listening to the Dr. Demento show on the radio. Like many teenagers, Fallon became obsessed with Saturday Night Live. He and his sister acted out sketches from the show for their parents and friends. At Saugerties High School, he was a performer in most of the stage productions during his four years of high school. He graduated from Saugerties High School in 1992. Fallon attended The College of Saint Rose in Albany, New York. On weekends, he performed stand-up comedy. He left college a semester before graduating in 1995 to move to Los Angeles at age 21 to pursue a comedy career full-time.

Saturday Night Live

After honing his stand-up skills in Los Angeles and performing regularly with The Groundlings, Jimmy Fallon landed a pivotal audition for Saturday Night Live in 1998 at age 23. Known for rarely laughing during tryouts, Lorne Michaels actually chuckled during Fallon's audition, especially during his impressions of Jerry Seinfeld and Chris Rock in a mock "celebrity walk-a-thon" sketch. Fallon joined SNL as a featured cast member for the 1998–1999 season and quickly became a fan favorite, celebrated for his spot-on celebrity impressions, musical comedy, and infectious charm.

In 2000, Fallon was promoted to co-anchor of Weekend Update alongside Tina Fey, a role that boosted his national profile and solidified his presence as one of the show's breakout stars. He became known for his inability to keep a straight face during sketches, especially opposite Will Ferrell and Tracy Morgan, which endeared him even further to audiences. One of his signature sketches was "The Barry Gibb Talk Show," performed with Justin Timberlake, marking the start of a long-running offscreen friendship. Fallon left SNL in 2004, earning comparisons to Phil Hartman and praise as one of the strongest cast members of his era.

(Photo by Matt Winkelmeyer/Getty Images)

The Tonight Show

Following a brief and modest film career, Fallon returned to television in 2009 as the host of "Late Night with Jimmy Fallon." His version of "Late Night" featured viral games, musical impressions, and social media-friendly content that appealed to younger audiences. In 2014, Fallon succeeded Jay Leno as the sixth permanent host of "The Tonight Show," bringing his lighthearted, inclusive tone and high-profile guest segments to a broader late-night stage.

Fallon's "Tonight Show" quickly became a pop culture phenomenon, known for recurring bits like "Lip Sync Battle," "Classroom Instruments," and celebrity games. He received a Primetime Emmy for the show in 2015 and was credited with modernizing the format for the internet era.

Other Work

Outside of his hosting duties, Fallon has taken on a range of entertainment projects. He hosted the 2002 "MTV Video Music Awards," where he performed parodies of music videos by artists like Eminem and Avril Lavigne. His film credits include "Fever Pitch," "Taxi," "Whip It," and appearances in shows such as "30 Rock," "iCarly," "Family Guy," and "Ted 2."

Fallon has also become a prolific executive producer. His musical game show "That's My Jam" debuted in 2021, and in 2023, it received an Emmy nomination for Outstanding Game Show. That same year, "Password," which Fallon revived and produces, earned Keke Palmer a nomination for Outstanding Host For A Game Show.

Jimmy Fallon / Mike Coppola/Getty Images

Personal Life

Fallon met film producer Nancy Juvonen, co-owner (alongside Drew Barrymore) of Flower Films, on the set of his movie Fever Pitch. They began dating in May 2007. Fallon proposed at sunset on the dock of Juvonen's family home in New Hampshire in August 2007. They were married on December 22, 2007. They have two daughters, Winnie Rose and Francis Cole, as well as a golden retriever named Gary Frick. Gary has appeared on Late Night with Jimmy Fallon.

In grade school, he was voted most likely to replace David Letterman. In June of 2003, he guest-hosted for David Letterman.

Fallon is so famous for suddenly breaking character (and cracking up) that breaking character is sometimes called "Jimmy Falloning."

Jimmy Fallon Net Worth /Andrew H. Walker/Getty Images

Real Estate

Jimmy's first real estate purchase was an $850,000 one-bedroom condo in New York City that he purchased in 2002. He bought the apartment at the urging of SNL producer Lorne Michaels. Jimmy later revealed he could not actually afford the purchase back in 2002, but he wisely followed Lorne's advice. After he married Nancy Juvonen, they began buying up neighboring units. For example, in 2014, they paid $725,000 for a top-floor studio apartment. The purchase in the nine-story, roughly 35-unit building was in addition to a purchase a few months earlier of a one-bedroom apartment next door to the studio for $1.35 million.

Over time, they combined the units to create a six-bedroom, 5,000-square-foot apartment. Their total spend on five apartments was $5.8 million. In March 2021, Jimmy and Nancy listed their complex for $15 million. Within the next year, the home sold to actress Cara Delevingne in a reported $10.8 million deal.

Fallon and his wife own a home in the Hamptons. Located in Sagaponack, it's a 3,500-square-foot farmhouse-style home built in the 1800s. They bought it in 2011 for $5.7 million.

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