Tracy Morgan Net Worth: Comedy Legend’s $70M Fortune
When Tracy Morgan appeared courtside at a New York Knicks game in March 2025 and suffered a medical emergency, fans immediately worried about the comedian’s health. The incident reminded everyone of his near-fatal car accident in 2014. But beyond his health challenges, people wanted to know something else: how much is the comedy legend really worth today?
Tracy Morgan net worth stands at an impressive $70 million in 2025. The 56-year-old comedian built this fortune through decades of stand-up comedy, television shows, blockbuster films, and a substantial legal settlement that changed his financial picture forever.
This article explores how Tracy Morgan accumulated his wealth, from his early days performing on Bronx streets to becoming one of Hollywood’s richest comedians. You’ll discover his earnings from major shows like Saturday Night Live and 30 Rock, learn about the Walmart settlement that made headlines, and understand his investments today.
Featured Snippet: Tracy Morgan Net Worth
Tracy Morgan has a net worth of $70 million as of 2025. The comedian earned millions from Saturday Night Live and 30 Rock, plus film roles and stand-up specials. His fortune also includes a substantial settlement from Walmart after a 2014 accident.
Early Career and Comedy Breakthrough
Tracy Jamel Morgan was born on November 10, 1968, in the Bronx, New York. His father left the family when Tracy was six years old, and Morgan grew up in Bedford Stuyvesant’s Tompkins Houses. Life got harder in 1985 when his father contracted AIDS. Morgan dropped out of DeWitt Clinton High School to care for his dying father, who passed away in 1987.
After his best friend was murdered, Morgan took his advice to pursue comedy seriously. He began performing stand-up on New York streets and made his television debut in 1992 in Uptown Comedy Club. His big break came in 1994 when he landed the recurring role of Hustle Man on the sitcom Martin, making him a fan favorite.
Saturday Night Live Foundation
In 1996, Tracy Morgan joined Saturday Night Live, where he remained for seven years until 2003, appearing in 137 episodes. While exact SNL salaries aren’t public, cast members typically earn around $300,000 yearly. Morgan likely earned approximately $2 million during his SNL tenure, which became the foundation of his wealth and fame.
30 Rock: The Major Payday
Tracy Morgan’s biggest financial success came from the NBC sitcom 30 Rock, created by Tina Fey. The show ran from 2006 to 2013 for 138 episodes, with Morgan playing Tracy Jordan.
In the show’s first season, Morgan received $75,000 per episode. That paycheck grew significantly, reaching $2.2 million per season by the show’s sixth season in 2012. His Emmy-nominated performance was widely loved by critics and audiences, and the role translated to millions in his bank account.
Film Career and Voice Work
Beyond television, Tracy Morgan built substantial wealth through film appearances:
- The Longest Yard (2005)
- Cop Out (2010)
- Death at a Funeral (2010)
- First Sunday (2008) – grossed $38 million
- Superhero Movie (2008) – earned $71 million
Voice acting became particularly lucrative. In 2014, Morgan received $5 million for reprising his voice role of Luiz in Rio 2. He also lent his voice to G-Force (2009), The Boxtrolls (2014), The Simpsons (2018), Scoob! (2020), and Spirited (2022).
The 2014 Walmart Accident and Settlement
On June 7, 2014, Tracy was involved in a collision in New Jersey when a Walmart tractor-trailer rear-ended a minibus carrying Morgan and several comedians after a performance.
Morgan’s friend James McNair died in the crash. Tracy suffered a brain injury, broken nose, broken leg, and broken ribs. He was in a medically induced coma for two weeks and required surgery on his leg.
Kevin Roper, the Walmart truck driver, had been awake for over 24 hours when the crash occurred. He pleaded guilty to vehicular homicide and four counts of aggravated assault in 2016.
The Settlement
Tracy sued Walmart in July 2014, and the lawsuit was settled for an undisclosed sum in May 2015. Rumors suggested the settlement was $90 million, but Morgan’s lawyer denied that figure. While the exact amount remains confidential, estimates range between $20 million and $90 million based on lost earnings, medical expenses, and suffering.
Career Comeback and Recent Work
After spending months in a wheelchair, Morgan made an inspiring comeback. He said that seeing his 14-month-old daughter take her first steps inspired him to walk again.
Tracy began starring on TBS’s The Last O.G. in 2018. The show ran for four seasons until 2021, with Morgan serving as both lead actor and executive producer.
Morgan also released several profitable stand-up comedy specials:
- Tracy Morgan: Black and Blue (2011)
- Tracy Morgan: Bona Fide (2014)
- Tracy Morgan: Staying Alive (2017)
Real Estate and Luxury Assets
Morgan has invested millions in luxury real estate. In 2015, he bought a $13.9 million mansion in Alpine, New Jersey, featuring a two-lane bowling alley, theater-caliber screening room, and 21,000-square-foot living space. He owns additional homes in Brooklyn, Los Angeles, Indiana, and Chicago.
Car Collection
Tracy Morgan is known for his exotic car collection. In 2019, he made headlines after a collision while driving his Bugatti worth $2 million in Manhattan. His collection includes a Ford Mustang, Cadillac Escalade, Mercedes GLK, and Chevrolet Camaro.
Health Challenges
Morgan’s health journey has been complex. In 1996, he was diagnosed with Type 2 diabetes. After doctors warned he could lose his foot, Morgan became proactive about managing his condition. He also had a kidney transplant in 2010, likely related to his diabetes.
In March 2025, Morgan sparked concern when he vomited courtside at a New York Knicks game and had to be taken away via wheelchair. He later updated followers, stating doctors diagnosed food poisoning.
In March 2024, he confirmed to PEOPLE that he uses Ozempic for weight management, stating “Ozempic did great by me. I take Ozempic every Thursday. It cuts my appetite in half.”
Additional Income Streams
Morgan has diversified his income beyond comedy and acting:
Book Royalties: He released his memoir “I Am the New Black” in 2009, chronicling his childhood and rise to fame.
Endorsements: Morgan appeared in commercials for NFL 2K, NBA 2K, and NHL 2K video games alongside sports stars.
Production Work: He produced The Tracy Morgan Show (2003-2004) and served as executive producer on The Last O.G.
Comparing Tracy Morgan to Other Comedians
Among his comedy peers, Tracy Morgan’s $70 million net worth places him in the upper tier:
- Jerry Seinfeld: approximately $950 million
- Kevin Hart: around $450 million
- Adam Sandler: approximately $440 million
- Eddie Murphy: around $200 million
- Dave Chappelle: approximately $70 million
Morgan’s wealth matches comedians like Dave Chappelle and demonstrates the earning power of consistent television work combined with stand-up and film appearances.
FAQs About Tracy Morgan Net Worth
How much is Tracy Morgan worth in 2025?
Tracy Morgan’s net worth is $70 million as of 2025, earned through his comedy career, television roles, films, and a Walmart settlement.
How much did Tracy Morgan make per episode on 30 Rock?
Morgan earned $75,000 per episode during early seasons, and his salary increased to over $2 million per season by the show’s later years.
What was Tracy Morgan’s Walmart settlement amount?
The settlement was undisclosed, with rumors of $90 million that Morgan’s lawyer denied. Estimates range from $20-90 million.
How much did Tracy Morgan earn from Rio 2?
Morgan received $5 million for reprising his voice role of Luiz in the animated sequel Rio 2.
Does Tracy Morgan still perform stand-up comedy?
Yes, Morgan continues performing stand-up and recently announced a new NBC comedy project with Tina Fey in 2025.
The Tracy Morgan Success Story
Tracy Morgan’s journey from the Bronx projects to a $70 million fortune represents one of comedy’s great success stories. His path included poverty, the death of his father and best friend, a slow career start, and a near-fatal accident that could have ended everything.
What sets Morgan apart is his resilience. After the 2014 accident, many wondered if he would ever perform again. Not only did he return, but he thrived with The Last O.G. and continued stand-up tours.
Morgan’s financial success stems from multiple sources: seven years on SNL building his brand, seven years on 30 Rock earning millions per season, dozens of film appearances, voice work paying $5 million for a single project, stand-up specials, book royalties, endorsements, and the Walmart settlement. His multimillion-dollar real estate investments and luxury car collection prove he’s not just a survivor but a thriving entertainment figure.
His story teaches that talent combined with persistence pays off. Morgan didn’t have industry connections or privilege. He earned every dollar through hard work and refusing to give up when life knocked him down. The comedian who once struggled on street corners now lives in a $13.9 million mansion and drives a $2 million Bugatti. But more importantly, he’s still making people laugh, which was always his greatest talent.
