Tracy Morgan Net Worth: Comedy Career & Walmart Settlement

Tracy Morgan

Tracy Morgan, an American comedian, and actor better known for his SNL appearances has a net worth of a staggering $70 million.

Tracy is one of the most decorated comedians in the entertainment industry.

Besides Saturday Night Live, Tracy is also known for his role as Tracy Jordan in the T.V. sitcom 30 Rock which aired from 2006-to 2013.

Tracy Morgan
Tracy Morgan (Source: Time)

His role in the sitcom also garnered him a Primetime Emmy Award nomination.

Moreover, Tracy currently stars in the TBS sitcom The Last O.G. as Tray Barker.

Furthermore, Morgan has appeared in tons of movies and has also worked as a dubbing artist on animated films.

Tracy Morgan | Quick Facts

So, let’s check out the quick facts of the comedian turned actor before jumping into his life

Birth Name Tracy Jamal Morgan
Known As Tracy Morgan
Birth Date November 10, 1968
Place of Birth Bronx, New York City, United States
Current Residency California, USA
Age 56 Years Old
Nationality American
Ethnicity Afro-American
Gender Male
Zodiac Sign Scorpio
Religion Christian
Father’s Name Warren Wood
Mother’s Name Debra Wood
Marital Status Married
Spouse Megan Wollover (m. 2015)

Sabina Morgan (m. 1987 – 2009)

Children Gitrid Morgan, Tracy Morgan Jr., Maven Sonae Morgan & Malcolm Morgan,
Height 5 ft. 10 in, 1.77 m, 177 cm
Weight 64 kg, 141 lbs.
Eye Color Blue
Hair Color Brown
Education DeWitt Clinton High School
Profession Comedian, Actor, and Author
 Social Media FacebookInstagramTwitter
Net Worth $70 Million
Merch Signed Photo
Last Update November 2024

Tracy Morgan Net Worth & Income

One of the most outspoken and humorous comedians, actor, and author Tracy Morgan’s net worth as of November 2024 is a whopping $70 million.

He is a former Saturday Night Life cast member who was part of the show from 1996 to 2003.

It is a known fact that the show pays quite decent to the cast members, and the payment gets higher and higher as the member stays on the show for a longer time.

According to reports, the cast members are paid around $7,000 per episode during the first year, and a season has about 14 episodes. That works out to around $98,000 per season.

Tracy Morgan on SNL
Tracy Morgan on SNL (Source: The Hollywood Reporter)

Similarly, in a situation whereby the member becomes a regular and stays in the show for up to five seasons, their paycheck rises to $15,000 per episode.

Therefore, it works out to more than $200,000 a season.

So as he stayed in the comedy show for about six years, he made a sizable amount from the show.

Aside from that, Morgan also headlined one of the most popular sitcom series, 30 Rock.

His roles not only earned him many laughs but also a handsome amount of money.

Morgan made around $1.5 million for the first season of the series, which grew to $2.2 million by the sixth season.

When he got started with the show in 2006, his per episode salary was $75,000.

Moreover, in 2014 Tracy lent his voice to an animated character in the comedy family film Rio 2, for which he was paid a staggering $5 million.

Car Crash and Settlement

Comic Tracy Morgan was involved in a car crash in New Jersey on 7th June 2014 in which a Walmart tractor-trailer crashed on the minibus that Tracy and other comedians were riding.

The crash took the life of Tracy’s mentor and friend, James McNair, and Tracy himself suffered a broken injury, broken ribs, broken leg, and brain injury.

He was in a medically-induced coma for two weeks after the incident.

Lucky for Tracy, the driver of Walmart’s truck had been awake for more than 24 hours when the crash occurred.

He pleaded guilty to four-count of assault and one count of vehicular homicide in 2016.

Tracy sued the company and reportedly received a rumored $90 million as settlement. However, his lawyers have not testified to the figure.

Tracy Morgan’s Net Worth in Different Currencies

Let’s check out Tracy Morgan’s net worth in some of the major currencies in the world.

Currency Net Worth
Euro € 61.69 million
Pound Sterling £ 51.59 million
Australian Dollar A$ 97.2 million
Canadian Dollar C$ 87.65 million
Indian Rupee ₹ 5,206,575,500
BitCoin ฿ 1,824.96

Tracy Morgan | Houses & Cars

Houses

Given Tracy Morgan’s net worth, he has acquired some of the sickest pieces of real estate for himself.

He purchased a 4,485 square feet mansion in 2011 for $2.22 million in New Jersey.

However, he accepted $1.2 million in March of 2019 for the house even though it was initially listed in the market for $2.25 million in May of 2018.

Similarly, Tracy splashed over $13.9 million in 2015 for 22,000 square feet, 22 room and two-acre mansion in Alpine, New Jersey.

Morgan's Giant Fish Tank in His House
Tracy Morgan’s Giant Fish Tank in His House (Source: Celebrity Pets)

The most notable aspect of the mansion is it features several giant fish tanks where he keeps his three sharks, two piranhas, jellyfish, and two moray eels.

Cars

Tracy Morgan’s mansion has a huge garage where he stores his expensive whips. His collection of wheels includes an Infinity, Jaguar, Cadillac Escalade, and Rolls Royce.

In addition to these, he also owns $2 million worth Bugatti. He purchased the supercar in 2019 and apparently got into an accident the same day. He tweeted about the incident and stated that he was okay.

Tracy Morgan | Lifestyle & Vacations

Tracy Morgan is a pretty colorful guy and is not shy to show that he’s made it.

He flaunts his jewelry and cars and often talks about it in his interviews.

And it is fair considering his struggles, hardships, and health condition, the man, finally has everything he ever needs to live his dream.

From 1987 to 2009, he was married to his high school sweetheart Sabina. Together they had a son Tracy Jr. born in 1992. He even formally adopted his wife Sabina’s sons from her previous relationships.

Unfortunately, Sabin died of cancer in 2016.

Tracy married model Megan Wollover in 2015. Together they had one daughter born on 2nd July 2013.

Tracy Morgan's Ex-wife and Daughter in New Jersey
Tracy Morgan’s Ex-wife and Daughter (Source: BCK Online)

However, Tracy filed for a divorce in 2020 after staying married for five years.

Aside from his failed marriages, Tracy struggled with alcohol abuse for a long time which was the reason for his divorce from Sabina in the first place.

Similarly, he was charged with drunk driving in New York and DUI in Los Angeles.

Furthermore, in 1996 Morgan was diagnosed with diabetes. Likewise, he had a kidney transplant in 2010. Lucky for him, his ex-girlfriend Tanisha Hall donated him a kidney.

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Tracy Morgan | Charity

Tracy Morgan often donates his time and money to the unfortunates and needy as he knows what it feels like not to have enough.

In 2020 November, amid of Covid pandemic, Tracy partnered with Food Bank, Stop & Shop, and Wakefern Food Co-Op to distribute free Thanksgiving meals to hundreds of Brooklyn NYCHA residents.

Similarly, the same year same month, 30 Rock stars showed up in the Bronx’s Mott Haven Community Center to lend a helping hand with a 1,200 turkeys giveaway.

The giveaway was organized by Greater New York Automobile Dealers Association.

Tracy Morgan | Movies & TV Shows, and Book

Movies

Tracy Morgan has been in the industry for a long time. He made his T.V. debut in 1994 as Martin on Fox’s ‘Hustle Man.’

He has made an appearance in seven episodes of the show and graced the silver screen for the first time in 1996 with ‘A Thin Line Between Love and Hate.’

The same year he joined the cast member of the sketch comedy show ‘Saturday Night Live.’ He appeared on the show, creating some of the memorable characters, including Astronaut Jones and Brian Fellows.

In total, he appeared in 137 episodes on the show as a cast member and returned as a host in 2009 and 2015.

During his stint on SNL, he appeared in several movies, including 1998 Half Baked, 2001 How High, 2001 Jay and Silent Bob Strike, and 2003 Head of State.

Similarly, he produced ‘The Tracy Morgan Show’ from 2003 to 2004 and also starred in it.

After that, he co-starred on NBC sitcom ’30 Rock’ from 2006 to 2013 alongside Alec Baldwin, Jane Krakowski, and Tina Fey.

30 Rock Cast members
30 Rock Cast members (Source: MediaPost)

Though the show ended in 2013, the cast members reunited in July 2020 for a special episode.

Apart from these, Tracy has starred in tons of films, including Fist Fight, What men Want, Coming 2 America, and Top Five.

He currently has been appearing on the comedy T.V. series ‘The Last O.G.’ since 2018.

Book Publication

Tracy Morgan published his autobiography I Am the New Black on 20th October 2009.

The book highlights everything from his living in Tompkins Projects, Brooklyn, to be a successful standup comedian.

Tracy Morgan | Career

Born in one of the roughest neighborhoods of Brooklyn, Tracy had a pretty rough childhood.

His father was a musician, war veteran, and heroin addict who left the family of six when Tracy was just six. His mother was a homemaker.

Tracy grew up in the Tompkins housing project. He was bullied during his youth. Tracy found out his father was HIV positive when he was in his sophomore year at DeWitt Clinton High School.

Tracy was just married when Jimmy’s (his father) condition worsened, and Tracy had to drop out of school to take care of him.

His father passed away in 1987, and Tracy had to sell heroin and crack to support his two children and wife.

During this time, one of his friends advised Tracy to try comedy. When the friend was murdered, Tracy embraced his advice and started performing on the streets.

As of November 2024, Tracy Morgan’s net worth is $70 million.

Unknown Facts About Tracy Morgan

  • Did you know Tracy was discovered by Martin Lawrence’s wife at the Apollo Theater while he was performing standup?
  • Tracy started his T.V. career on Martin, in which he played a recurring character called Hustle Man. His catchphrase was “What’s happenin’ chief?”
  • Morgan bought gloves of Michael Jackson for $14,000 at an auction.
  • When he was a kid, he created a stand-up character named Biscuit, a boy who had been abandoned by his father.

FAQs

Did Tracy Morgan lose his memory?

He revealed in an interview that the accident left him with some memory loss and headaches.

Who is Tracy Morgan dating currently?

Tracy has revealed incomplete information regarding his current affair. He has been seeing someone, but he has not revealed the girls’ name.

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