Russell Peters’ Net Worth

What Is Russell Peters’ Net Worth?

Being among the richest comedians alive, Russell Dominic Peters is a Canadian stand-up comedian, actor and producer, with a net worth of $75 million as of January 2023.

Russell has been a comedian for nearly three decades. In 2004, he had a viral video as his breakthrough and now he is one of the highest-paid comedians coupled with his ever-sold-out concert.

Along with being a comedian, Russell is also an actor and has acted in various films such as ‘Breakaway’ and ‘Source Code,’ and in television in ‘The Jack Docherty Show’, ‘Royal Canadian Air Farce’, and ‘Just For Laughs’.

Russell is currently based in the USA, though he states that his roots are still in Canada. There are other amazing details about Russel like his career overview, earnings, personal life, spending, investment and more,  that we have compiled in this article. Keep reading to enjoy it all.

Earnings Overview

Russell made most of his fortune touring the world. He sold over 200,000 DVDs in 2006 and 2007 selling out back-to-back shows both in New York and Canada.

He sold out approximately 16,000 tickets in London breaking the UK record for attendance at a stand-up show.

Undoubtedly, he sold over 13,000 and 18,000 tickets in Australia and Singapore respectively.

In 2006, he was already earning $10 million booking himself a spot in the year’s top 10 highest-earning comics.  He claimed the number 3 spot in 2013 earning $21 million.

Russell is not only a comedian. He has a sizable real estate portfolio in Los Angeles, Las Vegas and Ontario.

In 2014, Russell bought a house worth $4.75 million in Malibu, California. He later put the house on the market for $12 million in 2016.

When he couldn’t get a suitable buyer,  he rented the estate, which is not due until 2023, and receives at least $20,000 per month.

Moreover, Russell spent $6.5 million on a beautiful property in California’s Hidden Hills in 2017. However, Russell opted to sell his Hidden Hills mansion in June 2020 for $8.5 million.

He also has a merchandising business where he sells products with his signature styles printed on them.

In the movie industry, he started appearing in shows in Hollywood. In 2008 with “The Take”, Garry Marshall’s “New Year’s Eve” (2011), and the Canadian comedy breakaway (2011).

Russell has also voiced some characters in animated movies like “The Family Guy”, “The Jungle Book”, and “And Corner Gas” amongst others.

Early Life

Russell  Peters was born on the 29th of September 1970, in Toronto, Canada, to Maureen (Mother) and Eric Peters (Father, a Professor of Applied Physics at the University of Toronto).

Eric moved from Bombay, Western India to Canada in 1965. It was the same year that his wife, Maureen Peters also moved to Canada from Bombay, Maharashtra, Western India and Calcutta, West Bengal, East India.

His extended family lives in Burhanpur, Madhya Pradesh.

He has an elder brother, Clayton peter who is currently his manager.

Peter was 4 when his family moved to Brampton. He attended Chinguacousy Secondary School for grades 9 –10, and North Peel Secondary School in Bramalea for grades 11–12.

In school, he was regularly bullied because of his ethnicity and his coloured skin. He eventually learned boxing, which helped him resist the bullying among his peers in school.

Career

After graduating, Russell applied for Sheridan College and was denied, but he paved his way to becoming the Dj of the campus radio station.

He performed his first stand-up comedy routine at the age of 19 during an amateur night at Yuk Yuk’s Comedy Club.

He spent 4 years improving his skills before he started getting paid gigs. He later met the legendary comedian George Carlin in 1992 who advised him to take any opportunity he could get to show his talent around the country.

Eager to get into the spotlight, Russell followed the advice which gave him excellent exposure by appearing on the CBC TV show comics.

This special appearance landed Russell a Gemini Award Nomination. This in turn increased his commercial visibility.

In 1997, he toured the United Kingdom and got to be featured in an episode of the CTV Comedy Now.

His breakthrough came in 2004 when he returned to CTV Comedy Now, earning another Gemini Award for the second time for another episode.

However, Russell’s career skyrocketed when unauthorized footage of his performance surfaced on YouTube. This particular incident made him an international viral sensation which took his career to the next level.

He served as the executive producer of the comically acclaimed music documentary series “Hip-Hop Evolution”. The series won 2 Canadian screen awards and an international Emmy Award in 2017.

Russell had also starred in the CTv/Netflix comedy-drama series “The Indian Detective”. In 2019, the series won the Canadian screen award – the Golden Screen Award.

Awards and Nominations

• Gemini Award, 2004 for Best Individual Performance in a Comedy Program
• Winner, of Emmy Awards 2017 as  Best Arts Programmer
• Golden Screen Awards, 2019
• Canadian Screen Award Nominee, 2019 for Best Limited Series
• Canadian Screen award nominee, 2022 for Best Comedy Sketch Program

3 Life Lessons to Learn from Russell Peters’ Success

1. People are going to try to bring you down but if you persist, you win. Russell overcame bullying at school by standing strong against the odds and today he is a star
2. The words of elders or more experienced people are important. The words of George Carlin motivated Russell to showcase his talent to the world
3. Sometimes, just let nature do its work. His unauthorized footage that got leaked on YouTube gave his career a big boost.

Personal Life

Peters lives in Los Angeles, California, and has 2 houses. He also has a property in Las Vegas Valley, Nevada and Vaughan, Ontario.

He dated the Bollywood actress Sunny Leone, but then later broke up with her. He proposed to Monica Diaz on the 10th of July 2010 at the Las Vegas International Airport.

The couple got married on 20th August 2010, at a little white wedding chapel in Las Vegas Nevada, having a private wedding with about 20 guests.

On 24th December 2010, they announced the arrival of a new member of their little family, Crystianna Marie Peter.

Before Crystianna could turn 2, the parents divorced and Russell engaged Ruzanna Khetchian in 2016.

Just like the others, they couldn’t keep up. In 2017, as they had no choice, they separated.

On December 4th 2018, Russell revealed that his girlfriend Jenifer Andrade, a model and former Miss Universe, was pregnant. They welcomed their son Russell Santiago Peters in April 2019. Still, their relationship ended in 2020.

On February 20th 2022, Russell got married to his current wife, Ali Peters, who already has two daughters Kalli and Kayla Mackey and they became his stepdaughters.

Lifestyle

Russell learned from his childhood hardship and realized that mental health is really important and to achieve this he makes himself physically fit.

Peters spends a large portion of his wealth on his health and physical well-being. The comedian is an occasional traveller whose family means everything to him. He loves going on vacation with his family and spends a lot on their comfort.

Houses and Cars

As of January 2023, the multimillionaire with a net worth of $75 million, has amassed a sizable real estate portfolio in Los Angeles, Las Vegas and Ontario.

He owns a 4000 Square foot mansion 20 minutes from the strip in the suburbs. Russell paid $4.75 million for an ocean-view home in Malibu, California, in 2014.

However, he decided to put this mansion on the market in 2016 for a record-breaking  $12 million. Since he couldn’t locate the appropriate buyer, he decided to rent the mansion full-time.

He has rented the estate, which is not due until 2023, and receives at least $20,000 per month.

Russell spent $6.5 million on a beautiful property in California’s hidden hills in 2017.

On the other hand, Russell opted to sell his Hidden Hills mansion in June 2020 for $8.5 million.

He bought a 9500 Square feet property for $5.4 million in Etobicoke, a suburb in Toronto.

In October  2020, He also spent a staggering amount of $5.6 million on a new mansion in Encino, California.

For a comedian who makes jokes for people to laugh, he is quite serious with his cars. He has the most expensive Porsche 911 model, a $195,000 Bentley flying spurs with a gangster-style red interior.

He also owns the 1954 Chevrolet Impala, which is worth $45,000. It’s one of the vintage pieces he owns in his garage.

Charity

Russell sponsored the trade school scholarships where he used to teach. He gave $20,000 to a deserving graduate of secondary school in Brampton, Canada.

He also donated to charities to which he had a sentimental attachment over the years. He made a $500,000 donation to the Brampton Civic Hospital where his Father was treated.

Donations were also made by him to the MS society, Gilda club, and Heart House Hospital.

The comedian also assists young upcoming comedians by allowing them to join him and perform on his tours, letting them showcase their talent.

His way of extending help to those in need shows how warm-hearted and kind he is. As such, his loyal fans love and adore him a lot.

Investments

Russell is interested in investing his money in real estate and reaping huge rental returns, this, in turn, boosts his wealth, unlike the comedy tours.

Social Media

Being one of the most successful comedians, Russell uses his social media accounts to showcase his comedies, bond with his fans and interact with people about important topics.

His Twitter account has over 4 million followers from all over the world. On Instagram, he posts memes and videos of his shows and other reasonable talks on other topics. Being on his timeline is always full of laughter and wise words.

Summary

Russell Peters is a Canadian actor, comedian and producer. With a net worth of $75 million, Russell is among the most successful and richest comedians of all time.

Russell is famously known for his 2004 breakthrough shows but his voiced roles in different animated movies also made him famous.

Throughout his career and lifetime, Russell has been married multiple times.

Russell has received different awards on different occasions. He’s won the Gemini Award 2 times and has sold out different shows back to back.