Jay Leno is known for being one of America’s longtime talk show hosts. However, in addition to his talk show career, he is an avid car collector. He has a garage full of rare and vintage cars, as well as other cars that interest him. He likes to take these cars and repair and restore them. Steam cars, sports cars, racing cars, supercars, service trucks, turbines … vehicles of almost any type are welcome at Leno’s Garage. All of these cars together are worth a significant financial sum, and Leno’s value doesn’t end there. Aside from his talk show career and his garage full of expensive cars, Leno continues to do monologues several times a year.
Read on to find out Jay Leno’s total net worth of all his efforts, as well as the total cost of the many expensive cars in his garage.
Jay Leno himself is worth $ 400 million
As of 2020, Jay Leno’s net worth stands at around $ 400 million. He also currently has a salary of $ 15 million annually. In addition, Leno owns a garage that contains a huge collection of rare and vintage cars. cars. Leno had a background in comedy before achieving fame and fortune as a host of The Tonight Show with Jay Leno on NBC from 1992 to 2009. Before taxes, Leno earned $ 320 million in salary as the host of The Tonight Show. Leno claims to have saved this money in the bank, rather than living off the money he earned by performing dozens of comedy shows throughout each year as a side job, dating back to his college and post-college roots, when started a comedy club at his college in 1973. Leno was not done with primetime comedy after leaving the Tonight Show, having had his own talk show for a year before returning to The Tonight Show for four more years. before leaving for good in 2014.
His car collection is worth $ 52 million
As mentioned above, Leno has a garage full of rare, vintage, vintage, and expensive cars near the Burbank airport. Leno’s car collection currently houses 181 cars and 160 motorcycles, and currently has a net worth of $ 52 million.
However, this number may change as Leno frequently buys and sells vehicles to prevent the collection from collecting dust. He and his staff frequently restore classics, so the cost of possible future restorations is not included in the net worth of the cars in his garage.
During his upbringing in Massachusetts, Leno developed an interest in working on automobiles. Then he would buy a lot of old cars that needed work and restore them as projects.
After Leno retired as host of the Tonight Show, he went on to host a car web show hosted by NBC that would eventually become Jay Leno’s Garage. In that show, Leno will present a certain car and then test or show it very effectively.
Leno had financial philosophies that paid off
Leno had several financial habits in his early years that served him well and helped him establish a good financial foundation for his current fortune and net worth. Leno started saving from his first job onward, believing that he would have to work multiple jobs to get rich.
Plus, she also believed that she should live with the smaller paychecks while sending the larger ones directly to her savings account. This philosophy continued into his most successful years, as mentioned above when he lived on money from comedies while saving money from his talk show.
Leno also never wanted to use credit cards, believing that doing so would prevent him from going into debt. That same principle also explained why Leno would not buy a house with a mortgage, since he wanted to buy only when he had the full amount of money available.
Leno also practices what he preaches when it comes to his garage, having never borrowed any of his cars; all were paid in full at the time of acquisition. By doing so, Leno not only avoided debt, but also avoided interest.
A wide variety of cars are represented in that garage
When it comes to Jay Leno’s garage, not only are many cars rare and vintage, but many of the cars are worth …