Cedric the Entertainer is an American actor and comedian with a net worth of 25 million dollars. The famous actor has made his fortune through his successful acting and comedy career. He started as a comedian doing stand-up comedy, and people loved him for his comedy style. Cedric then transitioned to television, appearing in several television shows. Over his career, he has worked with various comedians who elevated his status, including Steve Harvey.
How Cedric Made His Fortune
Cedric the Entertainer, has been in the entertainment industry for over three decades, starting as a comedian before proceeding to television. There have been controversies on how Cedric gained national recognition and landed various television roles. While speaking to Shannon Sharpe on the podcast Club Shay Shay, controversial comedian Kat Williams said that Cedric the Entertainer and Steve Harvey had to compromise various aspects to land some roles, something he was not willing to do.
People will always speak about how one makes money, but Cedric the Entertainer has been hardworking and has appeared in many shows. Through these appearances, he has managed to grow his fortune.
Early Life and Career
Cedric the Entertainer was born in Caruthersville, Missouri, to a mother who worked as a school teacher and a father who worked for a railroad. He and his younger sister grew up in Missouri, where they attended elementary and high school. After completing his degree in communications, Cedric decided to venture into comedy.
Cedric used to perform in nightclubs; he felt that his name was so formal that he had to find a stage name, and after a long search, he settled for Cedric the Entertainer. After performing for some time, he got the attention of television producers and directors, and in no time, he started acting.
Cedric started appearing on The Steve Harvey Show, expanding his audience and gaining national recognition. He then appeared in several films, including Man of the House, Serving Sara, Escape to Africa, and Johnson Family Vacation, among many others. While appearing on various television shows and films, Cedric continued with his stand-up comedy career, and he used to go on tours with the likes of Steve Harvey and D. L. Hughley. Cedric is currently appearing in The Neighborhood, portrayed as Calvin Butler.
Real Estate Investments
Cedric, the Entertainer, has found success not only in the entertainment industry but also in the real estate industry. Cedric has bought various homes, which he would later sell at a profit. He bought a mansion in Chatsworth, California, in February 2004 for 2.95 million, and now it is worth about 7 million dollars.
Cedric has another house in Studio City, California, valued at 4 million dollars; he bought the house in May 2019 for 2.75 million. Cedric is a person who has an eye for investments, and he has extensively invested in the real estate sector. Cedric the Entertainer also has another home in his hometown in Missouri, currently valued at 600,000 thousand. However, he has not revealed how much he paid for the house.