Pete Davidson’s Net Worth Includes An Expensive Boat He Bought With SNL’s Colin Jost

Lea Veloso
·3 min read
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He’s Staten Island royalty at this point. Pete Davidson’s net worth is an impressive culmination of his comedy career.

Rising up from the New York City comedy scene, Davidson landed his first big break as a cast member on Saturday Night Live at the young age of 20. He was part of the show for eight seasons, running from 2014 to 2022. Since his departure, he wrote and starred in The King of Staten Island, based off his life growing up in the New York City borough and dealing with the death of his father who died during the 9/11 attacks.

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He’s also been part of A24’s Bodies, Bodies, Bodies his own Peacock series Bupkis which is said to be a heightened and exaggerated portrayal of his life.

So what is Pete Davidson’s net worth? Read more to find out.

What is Pete Davidson’s net worth?

Pete Davidson’s net worth is reportedly around $8 million, according to Celebrity Net Worth. His Bupkis salary is reported to be around $500,000, according to Variety.

Pete Davidson’s SNL salary varied throughout his time as a castmember. When a cast member joins the cast in their first year as a featured player, they are paid $7,000 per episode according to Celebrity Net Worth. There are 21 episodes per season (excluding when COVID-19 lockdowns were in place in 2020 and during the SAG-AFTRA/Writers’ Guild Strike of 2023), so starter salaries totals to $147,000 per season. Second-year cast members make $8,000 per episode, or $168,000 per season. If a cast member makes it to their fifth season, they make $15,000 per episode, or $315,000 per season. Since he was on for quite a while and definitely one of the most prominent cast members on the show, his salary was definitely up there.

For other sources of income, Davidson sometimes extensively tours. When Jimmy Fallon asked who paid the bill at Kid Cudi’s infamous birthday dinner, Pete admitted that he did and then when Kanye West came around, he told his touring agent to book more shows because the rapper kept ordering the expensive items.

As to some shenanigans he’s been up to with fellow Staten Island-er Colin Jost, the SNL co-stars bought a de-commissioned Staten Island Ferry for $280,000 which they plan to revamp into an entertainment boat.

“I have no idea what’s going on with that thing,” he said when he was asked about it on the red carpet of Transformers: Rise Of The Beasts. “Me and Colin were very stoned a year ago and bought a ferry. And we’re figuring it out.”

Seth Meyers grilled him about his decision and sardonically asked if they thought the whole thing through. “We have to, ’cause we’re in the hole,” Davidson replied. “Colin called me, and he’s like, ‘Hey, can you hop on this call about the ferry?’ I was like, ‘We’re still doing that thing?’ He’s like, ‘Yeah, this is pretty serious.’ And it is! I had no idea, I just saw a link and sent a deposit, and now I’m stuck with a f–kin’ boat.”

Pete also dabbles in some bar ownership is a part owner of the New York City bar Pebble Bar which is close to SNL‘s home at Rockefeller Center. Other celebs who invest and own the bar include Mark Ronson and actors Nicholas Braun, Justin Theroux and fellow SNL alum Jason Sudeikis.

As for real estate, remember when he was living in his mom’s basement? He reportedly bought his mom a $1.3 million house in Staten Island, and late bought himself a $1.2 million condo a few blocks from his mom’s place.  He’s since moved on up to the DUMBO neightborhood of Brooklyn where his apartment costs a total of $30K a month.

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