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Lorne Michaels Net Worth – A Saturday Night Live Producer

Although you recognize this person as an initiator of a popular TV show, you may not know about Lorne Michaels net worth.

Therefore, if you are curious about this issue, you should keep scrolling this page to discover detailed information about the biography, career, and wealth of this producer.

Summary Table

Stage Name Lorne Michaels
Legal Name Lorne David Lipowitz
Date of Birth November 17th, 1944
Gender  Male
Height 5 feet 6 inches (170 cm)
Net Worth $500 million
Salary/ Earning/ Income per year           $30 million  
Profession Producer, Writer, Comedian          
Nationality Candian, American

Personal Information of Lorne Michaels

The public knows Lorne Michaels as a TV show producer. However, he also builds his career in the entertainment industry by becoming a comedian and actor.

  • Legal Name & Stage Name: The legal name of this television producer is Lorne David Lipowitz. Meanwhile, the public mostly knows him as Lorne Michaels.
  • Date of Birth: This actor was born on 17 November 1944.
  • Gender & Height: This comedian is a male. He is 5.6 feet (170 cm) tall. Besides, Lorne Michaels weighs 165 lbs (75kg).
  • Nationality: Lorne Michaels has two nationalities, American and Canadian as he was born in Canada.
  • What is Lorne Michaels Best Known for?
    • Lorne Michaels becomes a famous creator of a successful comedy program entitled Saturday Night Live.
    • Besides, he becomes the producer of other shows. For instance, his programs are Late Night and The Tonight Show.
    • Further, Lorne Michaels has produced a lot of popular TV shows.

Therefore, his successful career in the entertainment industry encourages the public to find out the amount of Lorne Michaels net worth.

Long Journey of Lorne Michaels

Lorne Michaels’ father is Henry Abraham Lipowitz. Meanwhile, Florence is his mother. Then, he spent his childhood and youth life in Toronto with two siblings.

However, some sources state that the birthplace of Lorne Michaels is Israel. Then, his family migrated to Canada when he was a baby.

  • Education:
    • There is no information about where Lorne Michaels studied in high school. But, he continued studying at Forest Hill Collegiate Institute.
    • After graduating, he decided to study English. Then, he went to the University of Toronto.
  • Personal Life:
    • Firstly, Lorne Michaels married in 1971. His wife was Rosie Shuster. However, this first marriage was over in 1980.
    • Meanwhile, in 1984, Lorne married a model named Susan Forristal. However, his wife filed for divorce in 1987.
    • Additionally, in 1991, Lorne proposed Alice Barry to be his wife. And their marriage lasts long until today.
    • Lorne Michaels was a father of three children. They are Sophie, Edward, and Henry.

Lorne Michaels’s Career

Lorne’s career in the entertainment industry was begun when he worked as a writer in radio and TV.

Thus, his hard work pays him well. Now, he became a well-known TV and film producer, writer, comedian, and actor.

Furthermore, since many of his shows gain popularity, he got a high salary and many contracts. Then, the result is Lorne Michaels net worth becomes bigger

Early Career

His career in the entertainment world is started when Lorne Michaels got a job as a broadcaster and writer in CBC Radio.

To pursue a better career, he worked as a writer of TV shows in Los Angeles. For example, the programs were Laugh-In The Beautiful Phyllis Diller Show.

In addition, Lorne Michaels began his acting career by performing in comedy series entitled The Hart and Lorne Terrific Hour.

His appearance in this TV series is so great that he becomes one of the successful comedians. Therefore, people are curious about Lorne Michaels net worth because of his success.

Saturday Night Live

In 1975, Lorne Michaels and Dick Ebersol created a TV show named NBC’s Saturday Night. Then, two years later, the name of this show is changed to Saturday Night Live.

Other Shows Lorne Michaels Produced

As a TV producer, Lorne Michaels has created many television shows. For instance, apart from Saturday Night Live, he also produced The New Show, 30 Rock, Late Night with Jimmy Fallon.

Moreover, the other programs were Up All Night, Portlandia, and The Tonight Show.

Lorne Michaels also produced a lot of films. For example, he is the producer of Lassie, Superstar, Mean Girls, Masterminds, and Sandy Wexler.

Hence, his impressive career as a producer contributes positively to Lorne Michaels net worth.

Awards & Nominations

Lorne Michaels got a lot of awards throughout his entertainment career. In 1999, he received the Hollywood Walk of Fame.

Meanwhile, in Canada, he achieved a star from the Walk of Fame.

Moreover, he was awarded Mark Twain Prize in 2004. Then, this actor got Governor General’s Performing Art Award in 2006.

Then, in 2012, he also received a Personal Peabody Award.

Lorne Michaels Net Worth

After discovering Lorne Michaels’s career journey, let us talk about his wealth. Regarding his impressive career and achievement, Lorne Michaels net worth is $500 million.

Thus, it is a very surprising amount of wealth, isn’t it?

Indeed, the main source of Lorne Michaels net worth is from the salary when he worked as a producer.

Lorne Michaels also got a big income from his job as a writer and stand-up comedian.

  • Entertainment Business: Even though the amount of Lorne Michaels net worth is outstanding, he seems not interested in running other businesses but entertainment.
  • Properties:
    • Lorne has two properties as his investment. Likewise, the first property is a luxurious apartment in The Brentmore.
    • He also owns a 3-acres house in Amagansett, New York.
    • Thereupon, considering Lorne Michaels net worth, it is easy for him to purchase any properties he wants.
    • Additionally, his house in Amagansett was appealing since it has a path to the beautiful beach.
  • Sport Cars: Unfortunately, we cannot find any information related to the luxurious vehicles owned by Lorne Michaels.
  • Salary:
    • Indeed, Lorne Michaels can earn a salary of about $30 million per year.
    • With this fantastic earning, it is not surprising that Lorne Michaels net worth is estimated at $500 million.
  • How Does Lorne Michaels Make Money?
    • Lorne Michaels earns his money from the contracts he signed with various TV stations such as NBC.
    • Also, Lorne gets a salary from movie companies when he becomes the producer of films. Besides, he gets a big income from his performance as a comedian in various TV shows.
    • Moreover, he works as the writer of many TV shows. Thus, all of these works help him to increase Lorne Michaels net worth.

Is Lorne Michaels Still Working?


Lorne Michaels is not retired yet from the entertainment industry. He still commits to work at Saturday Night Live until this TV show achieves its 50th anniversary in 2024.

Lorne Michaels is still working as an executive producer of Saturday Night Live.