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David Letterman Net Worth

American comedian and television host · More Stars

David Letterman
Photo: Staff Sgt. Kat Justen · Public domain · Wikimedia Commons
Net Worth

No published estimate found. StarWorth reports figures only when a named publication has published one — this profile will be updated when a sourced estimate appears.

Last updated 28 October 2026

Quick facts

BornApril 12, 1947

ProfessionAmerican comedian and television host

NationalityAmerican

CategoryMore Stars

Background and career

David Michael Letterman (born April 12, 1947) is an American comedian, television host, writer, and producer. He hosted late-night television talk shows for 33 years, beginning with the February 1, 1982, debut of Late Night with David Letterman on NBC and ending with the May 20, 2015, broadcast of Late Show with David Letterman on CBS. In total, Letterman hosted 6,080 episodes of Late Night and Late Show, surpassing his friend and mentor Johnny Carson as the longest-serving late-night talk show host in American television history.

Letterman is also a television and film producer. His company, Worldwide Pants, produced his shows as well as The Late Late Show and several primetime comedies, the most successful of which was the CBS sitcom Everybody Loves Raymond. Several late-night hosts have cited Letterman's influence, including Conan O'Brien, Jimmy Fallon, Seth Meyers (each of whom succeeded Letterman on Late Night), Stephen Colbert (his successor on The Late Show), Jimmy Kimmel, and Jon Stewart. Since 2018, he has hosted the Netflix series My Next Guest Needs No Introduction with David Letterman.

Letterman was born in Indianapolis, Indiana, on April 12, 1947. He has two sisters, one older and one younger. His father, Harry Joseph Letterman (April 15, 1915 – February 13, 1973), was a florist. His mother, Dorothy Marie Letterman Mengering (née Hofert; July 18, 1921 – April 11, 2017), a church secretary for the Second Presbyterian Church of Indianapolis, was an occasional figure on Letterman's show, usually at holidays and birthdays.

Letterman grew up on the north side of Indianapolis, in the Broad Ripple area, about 12 miles (19 km) from the Indianapolis Motor Speedway. He enjoyed collecting model cars, including racers. In 2000, he told an interviewer for Esquire that, while growing up, he admired his father's ability to tell jokes and be the life of the party. Harry Joseph Letterman survived a heart attack at the age of 36 when David was a young boy. The fear of losing his father was constantly with Letterman as he grew up. The elder Letterman died of a second heart attack in 1973 at the age of 57.

Letterman attended his hometown's Broad Ripple High School and worked as a stock boy at the local Atlas Supermarket. In an interview, he said the first concert he attended was by the Beach Boys at the Indiana State Fairgrounds Coliseum, when he was 17. According to the Ball State Daily News, he originally wanted to attend Indiana University, but his grades were not good enough, so he instead attended Ball State University in Muncie, Indiana. He is a member of the Sigma Chi fraternity, and graduated in 1969 from what was then the Department of Radio and Television. A self-described average student, Letterman later endowed a scholarship for what he called "C students" at Ball State. Though he registered for the draft and passed his physical after graduating from college, he was not drafted for service in Vietnam because he received a draft lottery number of 346 (out of 366).

How David Letterman makes money

For Letterman's arrival, CBS spent $8 million in renovations. CBS also signed Letterman to a three-year, $14 million/year contract, doubling his Late Night salary. We are truly honored that one of the most revered and talented entertainers of our time will continue to call CBS 'home.'" According to a 2007 article in Forbes magazine, Letterman earned $40 million a year.

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