Chevy Chase Net Worth – American Actor, Comedian, and Writer

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chevy chase net worth

Chevy Chase Net Worth – American Actor, Comedian, and Writer

Chevy Chase is an American writer, comedian, film and television actor who has a net worth of $50 million. Chevy Chase rose to fame in the 1970s as a key member of the original cast of ‘Saturday Night Live’ (SNL). His unique brand of humor, marked by physical comedy and a deadpan delivery, has made him a notable figure in American entertainment.

Early Life

Cornelius Crane Chase was born in New York City, USA, on October 8, 1943. He is better known by the name Chevy Chase. He was born to Edward Tinsley ‘Ned’ Chase and Cathalene Parker. His mother was a concert pianist and librettist, who was adopted as a child by her stepfather, Cornelius Vanderbilt Crane. Other notable members of his family include his paternal grandfather, Edward Leigh Chase, an artist and illustrator; his great-uncle Frank Swift Chase, a painter and teacher; and his maternal grandmother Cathalene, an opera singer.

Career

In 1967, Chase co-founded the underground comedy ensemble Channel One. During this period, he also worked on a serious of odd projects, including writing a one-page spoof of ‘Mission: Impossible’ for Mad Magazine in 1970. By 1973, he had made comedy his full-time career, and became a writer and cast member of the syndicated radio series ‘The National Lampoon Radio Hour’. In October 1975, he joined the NBC late-night comedy show ‘Saturday Night Live’ (SNL) as one of the original cast members.

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Notable Salaries

At the height of his career in the late 1980s, Chevy earned $7 million per movie. That’s the same as earning $15 million per movie today. He earned at least $7 million for ‘Fletch’ and ‘Fletch Lives’. Chevy earned $6 million for 1989’s ‘Christmas Vacation.’ That’s the same as $12.5 million in today’s dollars. He earned another $6 million for 1992’s ‘Memoirs of an Invisible Man.’ He earned $4 million for ‘Cops and Robbersons,’ $2 million for ‘Man of the House,’ and $4 million for ‘Vegas Vacation’.

Personal Life

Chase was married to Susan Hewitt from February 1973 to February 1976. He was then married to Jacqueline Carlin from December 1976 to November 1980. He married his third wife, Jayni Luke, in June 1982. The couple have three daughters together. Chevy also has a son named Bryan Perkins with an unidentified woman.

Real Estate

From 1990 to 2005, Chevy and Jayni lived in LA’s Pacific Palisades neighborhood that sat on 5-acres. Located in a guarded, gated community, Chevy spent $1.2 million on improvements and renovations on the property. They listed it for sale in 1994 for $3 million, but did not find a buyer until 2005 when they sold for an undisclosed amount. Today the couple primarily live in upstate New York.

What are Chevy Chase’s sources of income?

Chevy Chase’s income primarily stems from his diverse career in the entertainment industry. He has been involved in acting, writing, and comedy, which have been lucrative sources of earnings for him over the years. His television hosting gigs and endorsement deals have also contributed significantly to his net worth.

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Earnings and career of Chevy Chase

Chevy Chase’s earnings during the late 1980s and early 1990s were truly remarkable in the entertainment industry. At the pinnacle of his career, he commanded a staggering $7 million per movie, a figure that, when adjusted for inflation, would be equivalent to earning an impressive $15 million per film today. Notable highlights of his earnings include a substantial $7 million paycheck for iconic roles in movies like ‘Fletch’ and its sequel, ‘Fletch Lives.’ In 1989, he earned a handsome $6 million for his memorable performance in ‘Christmas Vacation,’ which, in today’s dollars, amounts to approximately $12.5 million.

Chevy Chase’s assets

Chevy Chase and his wife Jayni owned a stunning 5-acre property in LA’s Pacific Palisades from 1990 to 2005. They invested $1.2 million in upgrades but struggled to sell it, listing it for $3 million in 1994. It wasn’t until 2005 that they managed to find a buyer, though the sale price remains undisclosed. Nowadays, they call upstate New York their home.

Chevy Chase’s personal life

In his personal life, Chevy Chase has experienced multiple marriages and family life. He was married three times, with his current wife being Jayni Luke, with whom he has three daughters. Chase also has a son named Bryan Perkins from a previous relationship. Additionally, Chase faced personal challenges, including struggles with addiction, leading to his admission to the Betty Ford Clinic in 1986 for prescription painkiller addiction and later seeking treatment for alcoholism in 2016.

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Chevy Chase’s awards

Primetime Emmy Awards-  Outstanding Writing in a Comedy – Variety or Music Series for ‘Saturday Night Live’ (1976)- Outstanding Writing in a Comedy – Variety or Music Special for ‘The Paul Simon Special’ (1978). Golden Palm Star- Awarded a Golden Palm Star on the Walk of Stars in Palm Springs, California, in 1998. Additionally, he received a star on the Hollywood Walk of Fame in 1993 and a Golden Palm Star on the Walk of Stars in Palm Springs, California, in 1998. He was also honored by Hasty Pudding as the Man of the Year in 1993 and received The Harvard Lampoon’s Lifetime Achievement Award in 1996.

FAQs

What is Chevy Chase’s net worth? Chevy Chase’s net worth is estimated to be $50 million. Why was Chevy Chase removed from ‘Community’? Chevy Chase’s departure was due to on-set issues and clashes with show creator Dan Harmon. Has Chevy Chase won any awards for his work? Yes, Chevy Chase has won Primetime Emmy Awards for his contributions to comedy and entertainment.

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