How Russell Peters Achieved a Net Worth of $55 Million

Russell Peters

According to those in the know by which we mean Celebrity Net Worth the Canadian comedian Russell Peters is currently worth the jaw-dropping net worth of $55 million. Wondering how he managed to amass such a massive fortune? You’re about to find out….

The Beginning

Peters was born in Toronto, Ontario on September 29, 1970. Even as a youngster, he had a knack of making people laugh, and it was this that inspired him to look at the possibility of turning comedy into a professional career. “I like the sound of laughter,” he’s been quoted as saying. “I was the guy in the group of friends that would always make the friends laugh. And everyone was like, ‘you should do stand up,’ So I gave it a shot, and ta-da! they were right.” His first steps in comedy came in 1989 when he began performing on the comedy circuit in Toronto. 3 years later, he met his icon, George Carin, who suggested that if he wanted to make it big, he’d need to perform wherever and whenever possible. Peters took the advice to heart and has since credited Carlin’s words of wisdom as the main reason for his subsequent success.

The Turning Point

After several years of plodding away on the Toronto comedy scene, Peters’ career went global in 2004 when his performance on the Canadian TV comedy show Comedy Now! went viral. After YouTube turned him into an overnight sensation, his ticket sales went through the roof. His performance at Toronto’s Air Canada Centre sold more than 30,000 tickets in two days alone, making him the first comedian to ever sell out the venue. 2 years later, he broke the UK’s comedy sales record when his performance at the O2 Arena in London drew over 16,000 punters. And the success didn’t stop there… in 2010, he gave the biggest ever comedy show performed in Australia, and in 2012, his gig at the Singapore Indoor Stadium sold more tickets than any ever comedy act that had ever performed at the venue, either before or since.

Continuing Success

By 2008, Peters’ had firmly established himself as one of the new leading lights of comedy… so much so, in fact, he’d received the honor of being invited to host the 2008 Juno Awards ceremonies (an event at which he also managed to win the Gemini Award for “Best Performance or Host in a Variety Program or Series). The broadcast proved to be one of the most-watched Juno awards ceremonies ever aired, leading Peters to be invited back for a 2nd round in 2009.

By 2006, Peters’ success had grown to the point that he had enough of an audience to justify a comedy album. Titled Outsourced, the uncensored DVD version of the album went on to sell more than 100,000 copies, occupying a position on the National DVD Chart for over 18 months. His follow up albums and DVD’s have proved no less successful, and to date, have included Red, White and Brown (2008), The Green Card Tour: Live from the O2 Arena (2011), Notorious (2013), Almost Famous (2016), and Deported (2020). On each release, Peters has also served as the executive producer.

By 2010, Peters had achieved such success that he’d managed to make the Forbes list of The 10 Top-Earning Comedians for 2010, having managed to net a grand $5 million in 2009. From there, the money just continued to grow; according to dfives.com the comedian made a giant $21 million in 2013 from his Nearly Famous world tour in Australia, while his subsequent sell-out tours of Iraq, Malaysia, South Africa, India, New Zealand, Afghanistan, China, Vietnam, Sweden, Jamaica, and the Middle East haven’t exactly hurt either.

Moving into Movies

No one could ever accuse Peters of a poor worth ethic. In tandem to his career in comedy, he’s built a successful career in film. His debut came in 1994’s Boozecan, and while both the part and the film itself were relatively minor, he’s since enjoyed bigger success in Senior Skip Day (2008), Breakaway (2011), alongside Camilla Belle, Anupam Kher, and Vinay Virmani, National Lampoon’s 301: The Legend of Awesomest Maximus (2011), Fifty Shades of Black (2016), The Jungle Book (2016), and Supercon (2018). He’s also made numerous appearances on TV, regularly performing on televised comedy specials as himself while also donning his acting hat for such shows as Lord Have Mercy!, Are We There Yet?, Mr. D, Grumpy Cat’s Worst Christmas Ever, Family Guy, and The Indian Detective.

Merchandise

If there’s one thing that pulls in the money, it’s merchandise. Peters hasn’t shied away from slapping his name on t-shirts, mugs, keyrings, or anything else that could pull in a tidy fortune, and the results speak for themselves.

Award Success

Awards don’t necessarily guarantee fame and riches, but they do tend to make it a lot more likely. Over the course of his career, Peters has won a slew of titles and honors, including a Dave Broadfoot Award at the 2007 Canadian Comedy Awards, a Best Large Venue Stand-Up Award at the 2008 Canadian Comedy Awards, a Best Performance or Host in a Variety Program or Series at the 2008 Gemini Awards, a Peabody Award at the 2016 Peabody Awards, and a Best Arts Programming at the 2017 International Emmy Awards.

Summing up

As The Guardian notes, Peters’ comedy style has always relied on the tried and tested route of relatable, unchallenging material. While not everyone’s a fan, few would deny he’s exceptionally talented at what he does. With a humor that’s insightful, intelligent and original, and an ability to appeal to just about anyone without ever pandering to the lowest denominator, he has the kind of broad appeal that almost guarantees success. And that, essentially, is how Peters has made his fortune.

Add Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

10 Things You Didn’t Know about Tali Saar
Peter Colis
10 Things You Didn’t Know About Peter Colis
Business expenses
20 Things You Didn’t Know About Soldo
Arvind Purushotham
10 Things You Didn’t Know About Arvind Purushotham
credit card
10 Things We Like about the Bilt Rewards Card
Credit Card
10 Reasons We Like The Divvy Business Credit Card
Tesla
The Top Five Stock Picks Targeted at Climate Change
Credit Card
The 20 Best Travel Credit Cards of 2021
flea market
10 Reasons To Check Out The Raynham Flea Market
Niagara Falls State Park, New York
The 20 Best State Parks with Waterfalls in the U.S.
cancelled flights
It’s Better To Wait If You Want Your Money Back on a Cancelled Flight
The Rock and Roll Hall of Fame
The 20 Best Day Trips in Ohio
2021 Toyota Camry 4
Why The Toyota Camry Will Be Around Forever
Mercedes-Benz is Spending $47 Billion on Its Electric Car Effort
10 Things You Didn’t Know about The Bugatti Divo
Dodge Raider
Remembering The Short Lived Dodge Raider
Patek Phillipe’s Green-Dial Nautilus
A Closer Look at the Patek Philippe’s Green-Dial Nautilus
A Closer Look at the Creux Automatiq Ghost V3 Mono
Seven Fridays
A Closer Look at the SevenFriday’s P1C/04 Caipi Watch
Doxa Sub 200 Whitepearl
A Closer Look at the The Doxa Sub 200 Whitepearl
Hayley Williams
How Hayley Williams Achieved a Net Worth of $14 Million
Dick Cheney
The 10 Richest People in Wyoming
Nancy Cartwright
How Nancy Cartwright Achieved a Net Worth of $80 Million
Heart Evangelista
How Heart Evangelista Achieved a Net Worth of $3 Million