In 2014, a 20-year-old Pete Davidson joined the cast of Saturday Night Live. With more than 100 episodes under his belt — and a number of highly publicized romances — the Staten Island, New York, native is one of the biggest names in Hollywood today. Pete’s staggering net worth also proves he’s a member of the A-list!
What Is Pete Davidson’s Net Worth?
As of October 2023, the actor has an estimated net worth of $8 million, according to Celebrity Net Worth.
What Is Pete Davidson’s ‘Bupkis’ Salary?
Pete’s Peacock show Bupkis premiered on the streaming service in May 2023. His estimated salary was $500,000 per episode, according to a Variety report.
Pete Davidson Is a Former Cast Member of ‘Saturday Night Live’
Fun fact: Pete actually isn’t the youngest Saturday Night Live cast member ever … but he’s one of them! Anthony Michael Hall joined the hit sketch comedy series at 17 years old, Eddie Murphy joined at 19 years old and Robert Downey Jr. joined at 20 years old, tying Pete.
Prior to joining SNL, Pete was a regular on MTV’s Guy Code and Wild ‘N Out, but it was actually his small part in Amy Schumer‘s 2015 film Trainwreck that opened up some serious doors for him.
“It was after Amy Schumer gave me a part in Trainwreck and I met Bill Hader on set and we talked and kind of hit it off. He called me a week later and said ‘Hey, I recommended you to Lorne Michaels.’ And I was like, ‘Why?’ I was just so surprised. I didn’t even know that I could audition,” Pete previously told People, referring to the SNL creator. “And the fact that I got it, I just couldn’t believe it.”
According to a number of outlets, Pete made $15,000 per episode of Saturday Night Live. However, the comedian’s journey on the show came to an end on May 22, 2022, when he appeared in his last episode.
How Does Pete Davidson Make Money?
In addition to SNL, Pete has appeared in a number of films including Set It Up, Big Time Adolescence, The King of Staten Island, The Suicide Squad, In Mourning with pal Machine Gun Kelly and Meet Cute opposite Kaley Cuoco. For The King of Staten Island, Pete was also a writer and director, as the film was based on his life.
“I made a tribute to my mom and dad, and I got to face these things I’d been avoiding for a really long time head-on,” the comedian said in a June 2020 interview with CBS Sunday Morning. “I really wanted this to be cleansing for me. I feel like I got to speak about it in the biggest way possible and I could get my story out there, so I feel like now, I can let it go.”
Pete’s father, Scott Davidson, was a New York City firefighter who died on 9/11 when Pete was 7 years old.
In October 2023, Pete also revealed an interesting side hustle he’s started: collecting and selling sealed VHS tapes. He told the story of his new venture on The Tonight Show Starring Jimmy Fallon, explaining that he was “really high” when he got the idea.
“Listen to this, guys. So in 2026, it’ll be 20 years since the last VHS was made, right? So 20 years go by… that’s enough time for people to be like, ‘Oh, that was cool, remember?’ Like vinyl,” the comedian told Jimmy.
Pete jumped into action by purchasing “3,000 to 5,000” sealed VHS tapes, creating a huge collection at his assistant’s house, which didn’t make his assistant’s girlfriend too happy. However, his idea could make him even richer if it works for him.
“So, as of a month ago, sealed VHSes are now going for like 20 to 30 grand a pop. Rocky just sold for like, $27,000,” he added, referring to a recent sale of the Rocky trilogy on VHS at an auction. “Yeah, it’s my GameStop! Like, dude, I own all of them. Dude, no one believed in me. If it doesn’t work, dude, I’m gonna be on the road forever.”
Pete Davidson Owns a Staten Island Ferry Boat
In January 2022, Pete and his Saturday Night Live costar Colin Jost purchased a decommissioned Staten Island Ferry boat for $280,100, according to ABC News. The comedians plan to turn the vessel into a nightclub.
“We want to be able to dock it from April to September, maybe October, in New York,” Pete said during a June 2023 episode of “Family Trips With the Meyers Brothers.” “It will be a restaurant, a concert venue. It will be a movie theatre. … And then there’s hotels in it, so we’ll have like, you know, a couple of those.”
“It’s like kind of funny that this will be a lifelong problem for me and Colin,” he said.