Norm MacDonald net worth: Norm MacDonald is a Canadian actor, writer, and stand-up comedian with a net worth of $500 thousand. Norm MacDonald earned his net worth from years working in the film and television industries. MacDonald was a cast member on Saturday Night Live for five years, where he hosted the show's iconic news segment "Weekend Update". Appearing on Saturday Night Live propelled his comedic acting career and eventually landed Norm his own television show. Norm has also admitted to having a fairly large gambling problem during his acting heyday. MacDonald would reportedly take a limo straight from New York to Atlantic City, New Jersey after most SNL episodes. At one point he even moved into a building that had a casino in the lobby! During a recent interview with Howard Stern, Norm claimed he had only saved around $200,000 of his money from his SNL and movie days. MacDonald was born in Quebec City, Quebec, Canada.