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Paul Shaffer Net Worth 2020


Facts of Paul Shaffer Networth

Full NamePaul A. Shaffer
First NamePaul
Middle NameA.
Last NameShaffer
Birth NamePaul A. Shaffer
Other NameJohnny Carwash,Wayne 'Fatboy' Ewing
ProfessionMusician, Actor, Singer
Birth CityThunder Bay, Ontario
Birth CountryCanada
Father NameBernard Shaffer
Father ProfessionLawyer
Mother NameShirley Shaffer
Gender IdentityMale
Sexual OrientationStraight
Marital StatusMarried
SpouseCatherine Vasapoli
No Of Children2
AwardsGrammy Award
FilmographyThis Is Spinal Tap,Blues Brothers 2000,A Very Murray Christmas
EducationUniversity of Toronto, Five Towns College, Lakehead University
Height165 cm
Weight63 kg
Networth$30 M
Facebook Profile
Twitter Profile
Insta Profile
Date of BirthNovember 28,1949
Age70 years
Married DateAugust 19,1990

How Much Net Worth Does Paul Shaffer Own?

Paul Shaffer, a Canadian born actor, singer comedian, and multi-instrumentalist, is best known as the musical director for Late Night with David Letterman (1982-1993) and Late Show with David Letterman (1993-2015).

Professional for over 5 decades, Shaffer began his career with musical & Broadway. This was followed by his prominence in TV shows & movie appearances in Blues Brothers 2000 and Look Who's Talking Too.

As of August 2019, the Canadian personality owns the net worth of around $30 million. The credit for his million dollar worth goes to the David Letterman's shows as well as his venture with Saturday Night Live (1975-1980) as a member of the house band.

Songs, TV Shows,& Success: Influence on His Salary, Wealth, Income

The University of Toronto graduate began his career in 1972 after he received an invitation for Stephen Schwartz' musical Godspell.

Later, in 1974, he appeared in the Broadway show The Magic Show and subsequently became a member of the house band for Saturday Night Live (SNL) from 1975 to 1980 alongside the comedian Chevy Chase.

Then, in 1982, Shaffer joined Late Night with David Letterman (1982–1993) as music director, followed by Late Show with David Letterman (1993-2015), which earned him wide fame and fortune.

According to Celebrity Net Worth, Paul Shaffer has an estimated net worth of around $30 million as of August 2019.

Canadian music director and singer Paul Shaffer owns fortune of $30 million

Canadian music director and singer Paul Shaffer owns fortune of $30 million

For a fact, he used to earn $5 million in salary from David Letterman's show, which proved to be the base for his massive worth.

Apart from these, Shaffer made many TV appearances in How I Met Your Mother (2013), featuring Cobie Smulders, Law & Order: Criminal Intent (2008) and voiced Hermes in animated series Hercules (1997) where Tate Donovan and Danny DeVito also had their contribution as a voice actor..

Moreover, he also worked in musical comedy:

  1. This Is Spinal Tap (1984)- $4.74 million gross collection
  2. Blues Brothers 2000 (1998)- Gross Collection of $14 million
  3. A Very Murray Christmas (2015)

In 1979, the Grammy Award winner also co-wrote and produced The Weather Girls' hit song It's Raining Men. 

He also played in many songs like Happy Street, Sorrow, What Is Soul and many more in American late-night radio talk show Coast to Coast AM.

Currently, he works as the host of Paul Shaffer’s Day in Rock.

Interesting Fact: On February 4, 2003, Paul Shaffer was presented with a Golden Jubilee Medal of Queen Elizabeth II.

Active Participation In Charity Works

Formerly, the chairman of the American Red Cross recruiting drive, Paul is the member of Canadian charity Artists Against Racism.

Back on December 12, 2012, Shaffer performed in The Concert for Sandy Relief in collaboration with Paul McCartney featuring Kanye West and Alicia Keys, which made a ticket sales of $30 million.

Shaffer is an active charity worker, is the member of Canadian charity Artists Against Racism

Shaffer is an active charity worker, is the member of Canadian charity Artists Against Racism

Furthermore, the longtime musical director for David Letterman, Paul has associations with many non-profit organizations like BID 2 BEAT AIDS, International Myeloma Foundation, Jazz Foundation of America, Little Kids Rock and Maddie's Fund.

Any Endorsement Deals?

For now, the details on Paul's endorsement deal is not out, though, with a trademark glasses, he seems to be endorsing 10/10 Optics of New York.

In addition to that, he is also active on Instagram and Twitter with over 5.6K followers and 19.1K followers respectively. Online sources cite that Paul's Instagram can earn him $58 - $97 per sponsored post.

Real Estate Ownership: House, Cars & Lifestyle

Many online sources report that Paul Shaffer currently resides in Bedford, New York. Even though, the worth of his house is not out but is estimated to be worth millions of dollars.

The median home value in New York City is around $301,900, with a yearly insurance premium of $1,287 per year.

Back in April 2018, Shaffer sold his condo unit in South Beach, Miami, to a New York financier Kenneth Burns for $6.4 million. He had bought the 2,500 sq. ft. property boasting 3-bedroom & 3-bathroom in 2007 for $3.75 million.

Paul Shaffer sold his South Beach condo in Miami

Paul Shaffer sold his South Beach condo in Miami

Meanwhile, Shaffer seems to be low-key about his car collection but he is wealthy enough to own luxurious cars like Mercedes, Range Rover, and others.

Surfing through his Instagram, the Canadian singer seems to be living a lavish lifestyle.

Payments on Tax

Since Paul lives in New York and owns an asset in the State, he has to follow the State's tax policy seeking 1.925% of its assessed value as property tax.

In addition to that, Shaffer's yearly revenue of $1 million, has a liability of $433,1000 for income tax payments.

Paul Shaffer's Family, Education, Age, Height, Wife, Relationship & Children

Born on November 28, 1949, in Thunder Bay, Ontario, Canada, Shaffer's birth name is Paul A. Shaffer. Famed for his nicknames Johnny Carwash and Wayne 'Fatboy' Ewing, the Canadian personality is the son of Shirley and Bernard Shaffer, a lawyer.

The attendee of the University of Toronto, Paul graduated with a degree in Sociology and Philosophy in 1971. Moreover, he holds 2 honorary doctorate degrees from Five Towns College and Lakehead University.

Raised in a Jewish family, the music director holds Canadian nationality and is of white ethnicity.

Married For Over 19 Years: Wife & Children

Famed for his eye-catchy and trademarked spectacles-wear, Paul also enjoys blissful married life alongside humongous net worth.

Shaffer is married his girlfriend-turned-wife Catherine Vasapoli since August 19, 1990.

Shaffer with his wife and daughter

Shaffer with his wife and daughter

Moreover, the duo shares 2 children together: William Wood Lee Shaffer (born in January 1999) and daughter Victoria Lily (born on April 8, 1993).

Age & Height

As of August 2019, Shaffer's age is 69 and has a height of 5 ft. 5 inches (165 cm).

Updated On Tue Aug 27 2019 Published On Tue Aug 20 2019 By CRM