Lorne Michaels Net Worth 2022: Check Out ‘Saturday Night Live’ Star Wealth!


Lorne Michaels is a Canadian-American television host and writer. He is most known for creating and producing Saturday Night Live. Michaels has won numerous Emmy Awards in a variety of categories, including Outstanding Comedy Series, Outstanding Variety, Music or Comedy Series, Outstanding Variety, Music or Comedy Special, Outstanding Writing for a Variety, Music or Comedy Program, and Outstanding Writing in a Variety, Music or Comedy Special, over the course of his career. The majority of which are awarded as a result of his work to Saturday Night Live.

How was his Early life?


Lorne Lipowitz was born in Toronto, Ontario, Canada on November 17, 1944. He is a well-known actor, comedian, producer, and author by the name of Lorne Michaels. Lorne established and produced the popular television programs “Saturday Night Live” (1993–present) and “The Tonight Show” (2014–present).

The recipient of many Emmy Awards was honored with a star on the Hollywood Walk of Fame and Canada's Walk of Fame, induction into the Television Academy Hall of Fame, and appointment to the Order of Canada. In 1968, this respectable individual entered the entertainment sector.

As of August 2022, Lorne Michaels estimated net worth is $500 million.



Lorne David Lipowiz

Date of Birth

17 November 1944




Actor, Comedian, film and television producer, and screenwriter

Body Measurement

5 feet 6 inches

75 kg

Net Worth

$500 Million

His Professional Career and Achievements

In 1975, Lorne Michaels debuted the sketch comedy and variety show “Saturday Night Live” on live television (1975 – present). Michaels founded and produces the show, and he occasionally performs as a comedian on the program; his deadpan humor is highly regarded. The show has been so successful that it has gotten 156 Emmy Award nominations and won 36 of them. The program has the highest audience ratings and contributes greatly to Lorne's wealth.

Lorne Michaels Net Worth 2022

However, Michaels took a five-year vacation from producing “Saturday Night Live,” leaving the job to Jean Doumanian (1980–81) and Dick Ebersol (1980–85) between 1980 and 1985. (1981 – 1985). During this period, Lorne produced the sketch comedy “The Kids in the Hall” (1980–1985) and “The New Show,” another sketch comedy program (1984). Lorne also starred in the mockumentary film “The Canadian Conspiracy” (1985) directed by Robert Boyd. Again, all of these endeavors have increased Lorne's net worth.

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Even though he returned to produce the “Saturday Night Live” show, he worked as an executive producer on other television shows and series, including “Where in Time Is Carmen Sandiego?” (1996–1998), “30 Rock” (2006–2013), and “Up All Night” (2011–present).

In addition to “Saturday Night Live” (1975 – present), he currently produces “Portlandia” (2011 – present), “The Tonight Show Starring Jimmy Fallon” (2014 – present), and “Late Night with Seth Meyers” (2014 – present). These works also enhanced Lorne's net worth.

In addition, Michaels has produced a number of feature films, such as “Nothing Last Forever” (1984), “Three Amigos” (1986), “Wayne's World” (1992), “Lassie” (1994), “Kids in the Hall: Brain Candy” (1996), “A Night at the Roxbury” (1998), “The Ladies Man” (2000), “Mean Girls” (2004), “Baby Mama” (2008), “The Guilt Trip Obviously, Lorne's net worth increased consistently due to the earnings from these flicks.

Lorne Michaels Net Worth 2022

Michaels also earned the Mark Twain Prize for American Humor in 2004, the Governor General's Performing Arts Award for Lifetime Artistic Achievement in 2006, the Webby Award for Film & Video Lifetime Achievement in 2008, and the Personal Peabody Award (2013).

Throughout his career, Michaels has garnered various prizes and honors. He received a star on the Hollywood Walk of Fame and was elected into the Television Academy Hall of Fame in 1999. He was awarded a star on Canada's Walk of Fame in 2003.

He was awarded the Mark Twain Prize for American Humor in 2004 by the Kennedy Center in Washington, D.C. Then, in 2006, he earned the Governor General's Performing Arts Award for Lifetime Artistic Achievement, Canada's top distinction in the performing arts. In addition, in 2012 he received the prestigious Personal Peabody Award.

As of August 2022, Lorne Michaels estimated net worth is $500 million.

How Much his Net Worth and Properties

As of August 2022, Lorne Michaels estimated net worth is $500 million. He earns between $30 million and $40 million a year between his two contracts. His entire contract worth is $150 million, but he has been compensated more over the years.

According to tax documents, Lorne has two properties in the state of New York. The first is an excellent apartment with views of Central Park located in The Brentmore. Robert De Niro, Paul Simon, Harvey Weinstein, Sting, and Clive Davis are other current or previous celebrity tenants.

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On the basis of comparable sales, Lorne's unit is likely worth more than $25 million. For instance, a smaller unit located just next to Robert De Niro's was listed for $14.5 million. Robert paid $21 million in 2006 for his condo.

Marriages and Children

In 2002, Michaels was admitted into the Order of Canada after becoming a US citizen in 1987. There have been three marriages for him. His first marriage lasted from 1971 until 1980 to Rosie Shuster. She was the daughter of his mentor in comedy, Frank Shuster, and collaborated with him on SNL as a writer.

Lorne Michaels Net Worth 2022

His second marriage lasted from 1981 to 1987 with model Susan Forristal. In 1991, he wed his former assistant Alice Barry, and the couple has three children.


Lorne, a Canadian native, has risen to the top rank as a television producer in the United States. However, it did not start like this. Michaels began his writing career in the late 1960s.

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In the mid-1970s, he was given the opportunity to demonstrate his skill as a producer. Together with Dick Ebersol, he co-created the iconic television program Saturday Night Live.

The show achieved great popularity and finally served as a launching pad for the careers of a number of comedians. In the late 1980s, Lorne also founded a production firm that originated in Canada and expanded to the United States.

As of August 2022, Lorne Michaels estimated net worth is $500 million.