Julia Louis-Dreyfus Net Worth
Julia Louis-Dreyfus is a famous American actress with a net worth of $250 million. She became well-known for playing Elaine Benes in the popular TV show Seinfeld. She acted as Elaine for nine seasons, from 1989 to 1998, and people loved her funny and unique character. After Seinfeld, she starred in another hit show, Veep, which ran from 2012 to 2019 and earned her many Emmy Awards.
From 1982 to 1985, Julia was part of Saturday Night Live (SNL), where she showed off her amazing comedy skills. While there, she met Larry David, one of the show’s writers. In 1989, Larry and Jerry Seinfeld chose her to play Elaine in Seinfeld, which made her a comedy superstar.
After Seinfeld, Julia kept shining in other shows. She starred in The New Adventures of Old Christine and won another Emmy for her performance. This role proved how great she was at making people laugh.
In Veep, Julia played Selina Meyer, a Vice President and later the President of the United States. Her role was funny, clever, and emotional. She won many Emmy Awards for her performance, making her one of TV’s most celebrated comedy actresses.
Billionaire Status of Julia Louis-Dreyfus
There is a rumor that Julia Louis-Dreyfus is a billionaire because of her family’s wealth, not just her acting career. Her father, Gérard Louis-Dreyfus, was a billionaire when he died in 2016.
Julia was born to Gérard and Judith, her American mother. Her parents divorced when she was one year old. Julia grew up mostly with her mother. They lived in New York first, but later moved to Washington, D.C., when her mom married the dean of George Washington University.
Julia’s great-great-grandfather, Léopold Louis-Dreyfus, started the Louis Dreyfus Group in 1851. This company became very big and successful. It works in trading and shipping goods like cotton, sugar, and rice. The Louis Dreyfus Company now handles 10% of the world’s agriculture. It earns over $120 billion every year and employs 22,000 people in 100 companies all over the world.
Julia’s father, Gérard, led the energy division of the company. His division worked with oil, natural gas, and infrastructure. When Gérard passed away, his net worth was $4 billion.
Right now, Julia is not a billionaire. Most of her father’s money is controlled by his wife, Phyllis B. Louis-Dreyfus. Julia might inherit some of this money, but she will have to share it with her two half-siblings. With her acting income, royalties, and real estate, Julia might become worth more than $1 billion one day.
In an interview, Julia said she is not a billionaire but admitted her father’s business is worth billions.
Julia’s family still runs the Louis Dreyfus Company. Her father’s cousin, Robert Louis-Dreyfus, was the CEO of Adidas from 1994 to 2004. He also led the Louis Dreyfus Group. When Robert died in 2009, his wife, Margarita, inherited his wealth, which made her worth $10 billion at that time. Now, Margarita’s net worth is about $4 billion. Julia and Margarita are second cousins, once removed, through marriage.
“Seinfeld” Earnings: Salary Details
During the early seasons of Seinfeld, Julia Louis-Dreyfus, Michael Richards, and Jason Alexander earned modest salaries. By season five in 1993, they renegotiated their contracts and began earning $150,000 per episode, or about $3.8 million per season.
In May 1997, the supporting cast demanded a significant pay raise, aiming for $1 million per episode. The network countered with $200,000, then $400,000, but ultimately agreed to $600,000 per episode for the final season. This brought their earnings to about $15 million each for that season, which equals roughly $24 million in today’s value.
Altogether, the supporting cast earned approximately $45 million in base salary from Seinfeld, excluding inflation adjustments.
Syndication Revenue: The Legacy of “Seinfeld”
Julia Louis-Dreyfus, Michael Richards, and Jason Alexander do not earn large sums from Seinfeld’s syndication deals, which have brought in nearly $4 billion to date. To profit significantly from syndication, one must own equity points in the show. The supporting cast never received these backend points.
While they do earn royalties when the show airs, these payments amount to hundreds of thousands per year at most, not the millions many assume. In comparison, Larry David and Jerry Seinfeld earned $250 million each in 1998 alone from syndication. Even 10 years later, Larry and Jerry made at least $50 million annually from syndication profits.
Although denied backend points in 1997, the supporting cast negotiated profit-sharing from DVD sales. This provided them with a modest financial boost when DVDs were popular.
“Veep” Compensation: How Much Did She Make?
For the final seasons of Veep, Julia Louis-Dreyfus earned $500,000 per episode. Including endorsement deals and other income sources, she made around $8 million annually during her time on the show. This impressive income placed her among the top five highest-paid TV actresses in the world.
Early Life and Early Career
Julia Louis-Dreyfus was born on January 13, 1961, in New York City. Her full name is Julia Scarlett Elizabeth Louis-Dreyfus. She is the oldest daughter of Gérard Louis-Dreyfus, a billionaire, and Judith LeFever, a writer. Gérard was the Chairman of the Louis-Dreyfus Group, which made him worth $4 billion. Julia’s great-great-grandfather, Léopold Louis-Dreyfus, started the Louis-Dreyfus Group in 1851. It is a big company that deals with commodities and shipping around the world.
After Julia’s parents divorced, her mother remarried L. Thompson Bowles, the Dean of George Washington Medical School. When Julia was four, they moved to Washington, D.C. Julia traveled a lot while growing up. She lived in places like Columbia and Tunisia because of her stepfather’s job with Project HOPE. Julia graduated from Holton-Arms School in Maryland in 1979.
Julia went to Northwestern University, but she left to follow her dream of acting. She joined a Chicago improv group called The Second City. At the age of 21, she joined Saturday Night Live after being discovered while performing with The Practical Theatre Company. She became the youngest female cast member on the show at that time and stayed there from 1982 to 1985.
While on SNL, Julia met Larry David, who would later co-create Seinfeld. After leaving SNL, she acted in famous movies like Woody Allen’s Hannah and Her Sisters (1986) and Christmas Vacation (1989), where she worked with Chevy Chase. Julia also filmed some TV pilots, but none of them were picked up.
“Seinfeld” and Post-“Seinfeld” Success
Julia Louis-Dreyfus became famous in the early ’90s when she played Elaine Benes on Seinfeld. She was in almost every episode, missing only three, during the show’s nine seasons. Her character wasn’t in the first episode, but after that, NBC wanted a female role to balance the show. Julia’s acting was praised, and she won and was nominated for many awards. In 1996, she won an Emmy for Best Supporting Actress in a Comedy Series after being nominated seven times. When Seinfeld ended in 1998, the final episode was watched by millions.
After Seinfeld, Julia dealt with what the media called the “Seinfeld Curse.” Many of her new shows were canceled. However, Julia and Larry David didn’t believe in this curse. In 2005, Julia got a guest role on Arrested Development.
In 2005, Julia was cast in The New Adventures of Old Christine, a CBS show that became very popular. She won another Emmy for her role and got several more nominations. The show lasted five seasons before it was canceled in 2010.
Next, Julia played Vice President Selina Meyer in the HBO show Veep. The show ran from 2012 to 2019. It was very popular, and Julia won six Emmys for her role. In 2020, Julia made a deal with Apple TV+ to work on new shows and be an executive producer and actress.
In 2020, Julia starred in the movie Downhill with Will Ferrell. The movie was shown at the Sundance Film Festival. She also voiced an elf mom in Pixar’s Onward, which starred Tom Holland and Chris Pratt.
In 2021, Julia joined the Marvel universe. She played Valentina Allegra de Fontaine in The Falcon and the Winter Soldier on Disney+. She came back for Black Panther: Wakanda Forever in 2022 and will appear in Thunderbolts in 2024.
Personal Life: Family, Relationships, and More
Julia Louis-Dreyfus has been married to comedian Brad Hall since 1987. They met at Northwestern University. They have two sons, Henry and Charlie. Henry is a singer and songwriter. He has appeared on “The Tonight Show.” Charlie is an actor on TV. Julia once shared that she had a miscarriage before she had her first child, around the time “Seinfeld” started.
Julia’s mom has a daughter named Lauren Bowles, who is also an actress. Julia has two half-sisters from her dad’s side, Phoebe and Emma. Sadly, Emma passed away in 2018. Julia’s cousin, Robert Louis-Dreyfus, used to be the CEO of Adidas and owned a soccer team called Olympique de Marseille.
In 2017, Julia was diagnosed with breast cancer. She found out just after winning an Emmy for “Veep.” She shared the news on Twitter. A year later, in 2018, she said she was cancer-free on “Jimmy Kimmel Live!” Julia supports political leaders like Al Gore, Barack Obama, and Hillary Clinton.