David Copperfield Net Worth
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5 min read
What is David Copperfield’s Net Worth and Career Earnings?
| Net Worth | Salary | Birthdate | Birthplace | Gender | Height | Profession | Nationality |
|---|---|---|---|---|---|---|---|
| $1 billion | $40 – $60 million per year | September 16, 1956 | Metuchen, New Jersey | Male | Unknown | Illusionist | American |
David Copperfield is an American illusionist who has amassed a staggering net worth of $1 billion. With annual earnings ranging from $40 million to $60 million, he stands out as the richest magician in the world. A significant portion of his income is derived from approximately 515 shows he carries out each year at the renowned MGM Grand in Las Vegas. This consistent success ultimately led him to achieve billionaire status in July 2018.
Although the coronavirus pandemic forced Las Vegas to shut down in 2020, David Copperfield displayed remarkable compassion by personally shouldering the financial burden of retaining all his staff members and ensuring that their salaries were not compromised.
Highlights
– David Copperfield’s net worth is estimated to be $1 billion.
– He earns between $40 million and $60 million annually.
– Copperfield achieved billionaire status in July 2018.
Early Life
David Copperfield, whose birth name is David Seth Kotkin, was born on September 16, 1956, in Metuchen, New Jersey. Raised in a Jewish household, he grew up with his mother, Rebecca, an insurance adjuster, and his father, Hyman, who owned a men’s haberdashery called Korby’s. Copperfield started learning magic and ventriloquism at Camp Harmony in Warren, New Jersey, at the tender age of 3 or 4. By the time he turned 10, he began mesmerizing his neighborhood with his magic performances under the stage name “Davino the Boy Magician.”
At an astonishingly young age of 12, David Copperfield became the youngest person ever to be admitted to the prestigious Society of American Magicians. Four years later, he took a remarkable step forward in his magical journey by teaching a magic course at New York University. After completing high school at Metuchen High School, he briefly attended Fordham University but dropped out after three weeks to pursue a career in the musical “The Magic Man” in Chicago. It was during this period that he adopted the stage name “David Copperfield.”
Career
David Copperfield’s extraordinary career began to take shape at the tender age of 19 when he created his first stage show, “Magic of David Copperfield,” and showcased it at Honolulu’s Pagoda Hotel. The year 1977 brought him further recognition as he hosted the ABC special, “The Magic of ABC.” From 1978 to 2001, CBS aired several “The Magic of David Copperfield” specials, leaving an indelible mark on television and captivating audiences worldwide.
In 1980, Copperfield displayed his audacity by portraying The Magician in the horror film “Terror Train.” Three years later, his incredible illusion of making the Statue of Liberty vanish and later reappear astounded a live audience, symbolizing the fragile nature of liberty. 1996 marked the collaboration between David Copperfield, Francis Ford Coppola, Eiko Ishioka, and David Ives for his Broadway show, “Dreams & Nightmares.” Furthermore, he collaborated with renowned authors such as Dean Koontz and Ray Bradbury for two fiction anthologies, “David Copperfield’s Tales of the Impossible” (1996) and “David Copperfield’s Beyond Imagination” (1997).
His involvement in the entertainment industry continued to grow over the years. In 2001, Copperfield performed at a UNICEF benefit at the White House and subsequently appeared as a guest star on the medical sitcom “Scrubs.” In 2011, he worked on the film “The Incredible Burt Wonderstone” alongside Steve Carell and Jim Carrey, designing illusions for the movie. The following year, he was featured on the OWN-TV network’s series “Oprah’s Next Chapter.” Notably, he played himself in the CBS series “The Crazy Ones” in 2014 and appeared in the HBO mockumentary “7 Days in Hell” in 2015. Additionally, Copperfield lent his voice to two episodes of “The Simpsons.” He also co-produced the 2016 film “Now You See Me 2” and has directed and produced several of his magic specials.
Personal Life
David Copperfield was in a relationship with German supermodel Claudia Schiffer from 1993 to 1999. They got engaged in 1994, and Claudia occasionally served as his assistant during his illusions. In 2006, he began dating French model Chloe Gosselin, with whom he welcomed a daughter named Sky in February 2010. It has been reported that Copperfield also has two children, Dylan and Audrey, with Czech model Marie Petlickova. In 2007, Lacey L. Carroll accused Copperfield of sexual assault, but no charges were ever filed. Decades later, in 2018, he faced accusations of drugging and assaulting a 17-year-old model. In 1982, Copperfield founded Project Magic, a rehabilitation program utilizing magic as a form of therapy for individuals with physical, psychological, and social disabilities.
Net Worth Over Time
David Copperfield’s net worth has been consistently impressive, and he reached the billionaire milestone in July 2018. With his annual earnings ranging from $40 million to $60 million, his wealth continues to expand. He owes a significant portion of his financial success to the multitude of shows he performs each year at the MGM Grand in Las Vegas.
Components of Net Worth
David Copperfield’s net worth is primarily a result of his magical career, with a significant portion attributed to his numerous shows at the MGM Grand in Las Vegas. His immense earnings also stem from his television specials, guest appearances, and collaborations within the entertainment industry. Moreover, Copperfield’s ownership of the International Museum and Library of the Conjuring Arts, which houses the largest magical artifact collection globally, contributes to his overall net worth. Additionally, his real estate holdings, including ownership of 11 islands in the Bahamas, a luxurious Bahamian resort, an $18 million mansion in Nevada, and a four-floor apartment valued at $60 million in New York City, substantially boost his wealth.
David Copperfield’s net worth represents an unmatched level of success within the world of magic, making him a prominent figure in both the entertainment and financial realms.
