David Copperfield Net Worth
David Copperfield Net Worth salary and career earnings: David Copperfield is an American illusionist who has a net worth of $1 billion. David is BY FAR the richest magician on the planet. He earns $40 – $60 million per year thanks largely to the roughly 515 shows he performs each year at the MGM Grand in Las Vegas. After Las Vegas shut down due to coronavirus in 2020, David did not layoff any staff and continued to personally pay every salary. As we detail below, David owns an incredibly valuable real estate portfolio, including an exclusive 11-island resort in the Bahamas. He also owns the world's most valuable collection of magic artifacts.
David Seth Kotkin (aka David Copperfield) was born September 16, 1956 in Metuchen, New Jersey. As a boy he learned his first card trick from his grandfather and was instantly hooked. By age 12 he had taken the stage name Boy Davino (Davino the Boy Magician) and was amazing audiences in his hometown, at which time he was also the youngest person to be admitted to the Society of American Magicians. By the age of 16 he was teaching a course in magic at New York University and by the age of 18 he was cast as a triple-threat lead in the musical "The Magic Main" in Chicago, at which time David Seth Kotkin became David Copperfield. By the age of 19, he was headlining at the Pagoda Hotel in Honolulu, Hawaii.
What followed was a whirlwind of years of performing startling magic tricks, guest spots and even his own television specials where he pulled of incredible feats of magic such as making the Statue of Liberty disappear and walking through the Great Wall of China. Over his long career, Copperfield has been the recipient of 21 Emmy Awards, been named Magician of the Century and Magician of the Millennium, received the first star on the Hollywood Walk of Fame awarded to a living magician and received the prestigious U.S. Library of Congress' Living Legend Award (other award recipients include Steven Spielberg, Martin Scorsese and Colin Powell). Additionally, Copperfield was knighted by the French government, becoming the first magician to receive the Chevalier of Arts and Letters. Copperfield also opened the International Museum and Library of the Conjuring Arts in Las Vegas, Nevada, which is dedicated to preserving the history and art of magic, and holds the world's largest magical artifact collection. David Copperfield was famously engaged to supermodel Claudia Schiffer in the late '90s, but the couple parted ways before making it to the altar. In a given year, he earns $60 – 80 million. As of July 2018, he officially hit billionaire status for the first time.
Real Estate Portfolio: David Copperfield's real estate portfolio alone is worth $200-300 million. He owns 11 islands in the Bahamas where he has built an ultra-exclusive resort that costs as much as $50,000 per night to rent, with a four-night minimum. He spent $55 million in 2006 to acquire his first Bahamanian islands and then spent an additional $40 million to acquire more islands and build out his property. He also owns an $18 million mansion in Nevada and a four-floor apartment in New York City that is valued at $60 million.
Art Collection: David owns the world's largest collection of magic memorabilia. The collection contains more than 150,000 items and books with especially valuable items from Harry Houdini, Georges Melies, and the father of modern magic, Robert Houdin. The collection is housed in a 40,000 square foot warehouse located several miles off the Las Vegas Strip. Some experts have valued the collection at a mind-boggling $500 million.
|Net Worth:||$1 Billion|
|Date of Birth:||Sep 16, 1956 (63 years old)|
|Height:||5 ft 11 in (1.82 m)|
|Nationality:||United States of America|