Steve Harvey Net Worth 2016: A Look At His Wealth And Success

Steve Harvey Net Worth 2016: A Look At His Wealth And Success

Steve Harvey, a household name celebrated for his humor, charisma, and business acumen, has built an empire that continues to inspire millions around the globe. By 2016, his net worth was a hot topic of discussion, showcasing his incredible journey from humble beginnings to becoming one of the most successful entertainers of his time. From hosting hit shows like "Family Feud" to penning bestsellers, Harvey's diverse career made him a powerhouse in the entertainment industry.

In 2016, Steve Harvey was not just a comedian or a talk show host; he was a brand. Known for his sharp suits and even sharper wit, Harvey's income streams were as varied as his talents. His success story was a testament to hard work, resilience, and the power of reinvention. With businesses ranging from television production to book deals and motivational speaking, Harvey’s net worth reflected his status as a multifaceted entertainer and entrepreneur.

This article delves deep into the life and career of Steve Harvey, shedding light on his 2016 net worth, early life, rise to fame, and the various ventures that contributed to his financial success. Whether you're a fan of his comedy, a reader of his books, or simply curious about how he amassed his wealth, this comprehensive guide will provide you with all the details you need to know.

Table of Contents

Biography of Steve Harvey

Steve Harvey, born Broderick Stephen Harvey on January 17, 1957, in Welch, West Virginia, is a renowned comedian, television host, producer, radio personality, actor, and author. He is best known for hosting "The Steve Harvey Morning Show," "Family Feud," and the Miss Universe competition. Harvey’s career spans over three decades, making him one of the most recognizable faces in entertainment.

Personal Details

Full NameBroderick Stephen Harvey
Date of BirthJanuary 17, 1957
BirthplaceWelch, West Virginia, USA
ProfessionComedian, TV Host, Actor, Producer, Author
SpouseMarjorie Elaine Harvey (m. 2007)
Children7 (Including stepchildren)
Net Worth (2016)$100 Million (Estimated)

Early Life and Struggles

Steve Harvey’s early life was far from glamorous. Raised in Cleveland, Ohio, he grew up in a working-class family. His father, Jesse Harvey, was a coal miner, and his mother, Eloise Harvey, was a homemaker. Despite financial hardships, Harvey was instilled with strong values and a work ethic that would later shape his career.

After graduating from Glenville High School in 1974, Harvey attended Kent State University and later West Virginia University, though he never completed his degree. He worked various jobs, including as a boxer, insurance salesman, and even a carpet cleaner. However, these jobs didn’t fulfill him, and he struggled to find his true calling.

In the late 1980s, Harvey faced homelessness while pursuing a career in stand-up comedy. He lived out of his car for three years, performing at small comedy clubs whenever he got the chance. This period of struggle taught him resilience and prepared him for the challenges of the entertainment industry.

How Did Steve Harvey Start His Career?

Steve Harvey’s career began in the world of stand-up comedy. In 1985, he performed his first stand-up routine at a local comedy club in Cleveland. Although the journey was fraught with challenges, including financial instability and homelessness, Harvey’s natural talent and determination eventually paid off.

His big break came in 1990 when he became a finalist in the Second Annual Johnnie Walker National Comedy Search. This opportunity led to his first major gig as the host of the television show "It’s Showtime at the Apollo." Harvey’s unique comedic style and ability to connect with audiences quickly made him a fan favorite.

In the mid-1990s, Harvey starred in "The Steve Harvey Show," a sitcom that aired on The WB network. The show was a commercial success and established him as a household name. From there, his career expanded into radio, film, and television hosting, setting the stage for his financial success.

Key Career Milestones

Throughout his career, Steve Harvey has achieved numerous milestones that have contributed to his fame and fortune. Some of the most notable include:

  • Hosting "Family Feud" starting in 2010, which became one of the most-watched game shows in America.
  • Publishing best-selling books, including "Act Like a Lady, Think Like a Man," which was later adapted into a successful film.
  • Launching "The Steve Harvey Morning Show," a nationally syndicated radio program.
  • Winning multiple Daytime Emmy Awards for his work in television.
  • Becoming a motivational speaker and philanthropist, inspiring millions around the world.

What Was Steve Harvey Net Worth in 2016?

By 2016, Steve Harvey’s net worth was estimated to be around $100 million. This impressive figure was the result of his diverse income streams, including television hosting, book sales, endorsements, and business ventures.

Harvey’s role as the host of "Family Feud" was a significant contributor to his income, reportedly earning him millions annually. Additionally, his radio show, book deals, and speaking engagements added to his wealth. Harvey’s ability to diversify his career and leverage his brand made him one of the highest-paid entertainers of the year.

Income Streams and Business Ventures

Steve Harvey’s wealth in 2016 was not solely derived from his work in entertainment. He was also a savvy businessman with multiple ventures. These included:

  1. Television Production: Harvey co-founded East 112th Street Productions, which produced several of his shows.
  2. Real Estate Investments: Harvey owned multiple properties, including a lavish mansion in Atlanta, Georgia.
  3. Endorsements: He partnered with brands like Green Dot and T-Mobile, earning lucrative endorsement deals.

Harvey’s ability to identify and capitalize on opportunities in various industries was a key factor in his financial success.

Steve Harvey as a TV Host

One of the defining aspects of Steve Harvey’s career is his success as a television host. From "Family Feud" to the Miss Universe pageant, Harvey has proven to be a charismatic and engaging host. His quick wit and ability to connect with audiences have made him a sought-after personality in the entertainment industry.

Books and Publications

Steve Harvey is also an accomplished author, with several best-selling books to his name. His works, such as "Act Like a Lady, Think Like a Man" and "Jump: Take the Leap of Faith to Achieve Your Life of Abundance," have resonated with readers worldwide.

Stand-Up Comedy Career

Harvey’s comedy career laid the foundation for his success. His ability to find humor in everyday situations and deliver it with impeccable timing made him one of the top comedians of his time.

Motivational Speaking and Philanthropy

Beyond entertainment, Steve Harvey is a motivational speaker and philanthropist. He uses his platform to inspire others and give back to the community through initiatives like the Steve & Marjorie Harvey Foundation.

How Did Steve Harvey Build His Wealth?

Harvey built his wealth through a combination of talent, hard work, and strategic business decisions. His ability to adapt and diversify his career ensured his financial stability and growth.

Personal Life and Family

Steve Harvey’s personal life has also been a source of inspiration for many. He is married to Marjorie Elaine Harvey and is a proud father and stepfather to seven children.

Awards and Recognition

Throughout his career, Harvey has received numerous awards and accolades, including several Daytime Emmy Awards and NAACP Image Awards, solidifying his legacy in the entertainment industry.

Frequently Asked Questions

1. What was Steve Harvey’s net worth in 2016?

Steve Harvey’s net worth in 2016 was estimated to be around $100 million.

2. What are Steve Harvey’s primary sources of income?

His primary sources of income include television hosting, book sales, endorsements, and business ventures.

3. How did Steve Harvey overcome homelessness?

Through resilience, determination, and hard work, Harvey pursued his passion for comedy, which eventually led to his success.

4. What are some of Steve Harvey’s best-selling books?

Some of his best-selling books include "Act Like a Lady, Think Like a Man" and "Jump: Take the Leap of Faith to Achieve Your Life of Abundance."

5. What is Steve Harvey’s role in philanthropy?

Steve Harvey is actively involved in philanthropy through the Steve & Marjorie Harvey Foundation, which focuses on youth mentorship and education.

6. Has Steve Harvey won any awards?

Yes, he has won multiple Daytime Emmy Awards, NAACP Image Awards, and other accolades for his work in television and entertainment.

Conclusion

Steve Harvey’s journey from humble beginnings to becoming a multi-millionaire is a story of perseverance, talent, and strategic decision-making. By 2016, his net worth of $100 million was a reflection of his hard work and diverse career. Whether through comedy, television, or philanthropy, Harvey continues to inspire and entertain millions worldwide.

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