How Seinfeld cast spent their millions on property portfolios

1 day ago 4

It was the TV show “about nothing” that became one of the greatest sitcoms of all time and a pop culture phenomenon.

Airing from 1989 to 1998, Seinfeld followed the misadventures of stand-up comedian Jerry Seinfeld and his close-knit circle: best friend George Costanza (Jason Alexander), ex-girlfriend Elaine Benes (Julia Louis-Dreyfus), and quirky neighbour Cosmo Kramer (Michael Richards).

Almost three decades since the series ended, the cast’s real estate moves have been anything but ordinary.

From luxurious penthouses to coastal retreats, the stars of the show have amassed impressive property portfolios worth a considerable fortune.

And it’s not just the main cast who have made savvy property plays. Seinfeld co-creator Larry David and even the show’s long-suffering mailman, Newman (played by Wayne Knight), have also built impressive real estate collections.

MORE: 14 years on: What happened to Steve Jobs’ legacy

Vanilla Ice’s $30m empire by ‘doing nothing’

‘Lived apart’: Kidman, Keith’s $70m property empire

1995 - Cast members of the televison program

Seinfeld aired from 1989 to 1998.


George and Jerry

Jason Alexander and Jerry Seinfeld on the set of the popular sitcom.


Here is a closer look at how the cast invested their millions, building a real estate empire that would leave their on-screen characters speechless.

Jerry Seinfeld

The show’s namesake and co-creator Jerry Seinfeld is the master of his domain, having amassed an impressive fortune.

According to Forbes, the comedian boasts a net worth of $US1.1 billion ($A1.6 billion).

A majority of the funnyman’s fortune stems from Seinfeld’s syndication profits, with the show earning an estimated $3 billion in re-run revenue since it went off-air in 1998.

Off screen, the entertainer has quite the real estate portfolio, owning several incredible properties.

His most famous residence is a sprawling 12-acre oceanfront estate in the exclusive Hamptons enclave of East Hampton, New York.

Purchased from music icon Billy Joel in 2000 for a cool $25.6 million ($A38.53 million), the property features a main house, three-bedroom guesthouse, a swimming pool and a baseball diamond that was added by the comedian, Realtor reports.

According to Architectural Digest, the house even has a $17,000 coffee maker.

 Supplied

Jerry Seinfeld boasts a net worth of $US1.1 billion. Picture: Supplied


Seinfeld purchased his sprawling Hamptons home from fellow A-lister Billy Joel in 2000. Picture: Google Maps


Like his popular TV character, Seinfeld also has an Upper West Side apartment in New York.

In 1998, he purchased a ritzy duplex apartment in one of the Upper West Side’s most iconic buildings for $4.35 million ($A6.54 million).

The place has 3.6m-high ceilings, a 41sqm terrace, three bedrooms, and a fireplace. Residents have their own full-time doorman and a private gym.

A passionate car collector, he also reportedly owns a multimillion-dollar garage in Manhattan to house his prized Porsches.

The three-storey garage features four parking spots, an office, and a club room with pool table.

Seinfeld’s wife, Jessica, added this four-bedroom, waterfront home to the couple’s portfolio in 2010 for $1.05 million ($A1.6 million).

When the property was on the market over a decade ago, it was touted as offering a 30m-stretch of sandy beach and a lakeside gazebo.

 Realtor.com

The comedian owns an apartment in New York’s iconic Beresford building. Picture: Realtor


Central Park bachelor pad

Before Seinfeld scooped up his massive Central Park West duplex, he lived in a smaller two-bedroom apartment with picture windows and a fireplace.

He sold the unit in the Bolivar building in 2006 for $2.5 million (A$3.8 million) — a bit above his asking price.

Hollywood Hills home

While filming his hit series, Seinfeld lived in a spacious Los Angeles mansion in the city’s upscale Bird Streets neighbourhood.

The lot included a four-bedroom, six-bathroom main house and a separate, one-bedroom guesthouse.

According to Forbes, the TV star bought the spot in 1992 for $2.8 million and sold it six years later for $3.2 million to a Seinfeld producer.

As for his Southern California holdings today, he likely owns a hangar at the Santa Monica Airport and a couple of other commercial properties, but little is known of his residential properties in the area.

 Realtor.com

Seinfeld’s NYC garage. Picture: Google Maps


Colorado retreat

Seinfeld was also the long-time owner of a 27-acre compound in Telluride.

The Colorado vacation home resembles a ski lodge, with its 11 bedrooms, 13 bathrooms, yoga studio, gym, and floor-to-ceiling windows.

According to records, the actor purchased the property in 2007 for $7.55 million ($A11.4 million) and sold it in 2022 for $14 million ($A21 million).

 Realtor.com

Jerry Seinfeld’s huge Colorado property that he sold in 2022. Picture: Realtor


Julia Louis-Dreyfus

With an estimated net worth of $US250 million ($A378 million), Julia Louis-Dreyfus, who portrayed the long-suffering Elaine Benes, has made her own mark on the property world.

Adding to her own considerable wealth, she is also the daughter of the late businessman Gérard Louis-Dreyfus.

The French-American financier was reportedly worth $US4 billion ($A6 billion) at the time of his death in 2016.

However, the actress denied reports that her father was a billionaire.

“Reports of my father’s wealth are, in fact, greatly exaggerated in the press,” she told The New Yorker in 2018.

“He’s referred to as a billionaire, and I’m referred to by some heinous term like ‘billionaire heiress’. It’s incorrect.

“My father — unfortunately — was never a billionaire. Far from it.”

USA actor Jerry Seinfeld (L) with Julia Louis Dreyfus (R) in scene from TV program 'Seinfeld'.   / TV /programs /Titles/Seinfeld  headshot actress series  comedian

Julia Louis-Dreyfus portrayed the long-suffering Elaine Benes.


 The Anniversary Special

Louis-Dreyfus has made her own mark on the property world. Picture: Dimitrios Kambouris/Getty Images


Louis-Dreyfus and her husband, Brad Hall, own an eco-friendly oceanfront home in the celebrity hotspot of Montecito, California.

The four bedroom property features energy-efficient appliances, rooftop photovoltaics, solar water heating, ample natural daylighting, sustainable hardwoods, and a retractable sunroof or “thermal chimney” that draws hot air up and out of the home.

The couple also owned a residence in LA’s Pacific Palisades until it was destroyed in the 2025 Palisades Fire.

Prior to the fire, their house was worth at least $US15 million to $US20 million ($A22.7 million to $A30.2 million),

The pair bought the five-bedroom Mediterranean-style abode in the early 1990s, according to the Daily Mail.

6/2/97 Pacific Palisades, Calif This is the Pacifc Palisades home of TV actress Julia Louis Dreyfuss

Louis-Dreyfus’ residence in LA’s Pacific Palisades before it was destroyed in the 2025 Palisades Fire.


Jason Alexander and Michael Richards

Jason Alexander, best known for his role as the perennially frustrated George Costanza, has an estimated net worth of $US50 million ($A75 million).

He is notoriously private about his real estate holdings, though it is known that he resides in Los Angeles.

1997. Actor Jason Alexander who appears in the TV show 'Seinfeld'.

Jason Alexander is best known for his role as George Costanza.


 A Special Tribute To Television's Comedy Legends - Arrivals

Alexander resides in Los Angeles. Picture: David Livingston/Getty Images


Michael Richards, the man who brought the eccentric Cosmo Kramer to life, has an estimated net worth of about $US30 million ($A45 million). He currently resides in Glendale, California.

According to public records, the actor paid $US525,000 ($A795,000) for a home in Studio City, California.

A few months after Seinfeld ended in 1998, Richards sold the home for $US810,000 ($A1.2 million).

He also owned a home in the Pacific Palisades, which he purchased back in 1996 for $US1.75 million ($A2.2 million).

The ​​Mediterranean-style house has full views of the Pacific Ocean from nearly every room and is now worth a reported $US8-10 million to ($A10-12 million).

Kramer and Bra

Michael Richards brought the eccentric Cosmo Kramer to life.


Actor Michael Richards.

Richards currently resides in Glendale, California.


Wayne Knight

Playing the show’s memorable mailman, Wayne Knight has an estimated net worth of $10 million ($A15 million).

In 1998, at the peak of his Seinfeld success, the actor purchased a home in the Toluca Lakes area of Los Angeles for $US1.35 million ($A2 million).

Today, the property is likely worth $US4-$US5 million ($A6-$A7.5 million).

Actor and comedian Jerry Seinfeld (r) with Wayne Knight in scene from the television program

Wayne Knight played Seinfeld’s nemesis Newman


Larry David

Seinfeld co-creator and the man behind the cringe-inducing antics of Curb Your Enthusiasm, Larry David, has a net worth estimated at a staggering $400 million ($A605 million).

The TV star’s fortune took a huge hit after his 2007 divorce from ex-wife Laurie David.

The Emmy-winner gave his former spouse half of his net worth at the time, roughly $US200-$US300 million ($A302-$A454 million).

Laurie also received future syndication royalties from both Seinfeld and Curb Your Enthusiasm.

HBO Presents A Special Screening Of

Larry David and Jerry Seinfeld. Picture: Stephen Lovekin/Getty Images


Richard Lewis and Larry David on Curb Your Enthusiasm. Picture: HBO


David has made some “pretty, pretty, pretty good” moves in the real estate market.

In 2014, the comedian sold a home in the Pacific Palisades neighbourhood for $US12 million ($A18.1 million).

The seven-bedroom property features ten baths, a pool, a large guesthouse, multiple fireplaces, a living room, a family room, and a dining room.

The funnyman snapped up a home in the same area in 2006 for $US10.35 million ($A15.6 million). He owns two other homes in the Palisades.

In February 2022, David splashed $US5.7 million ($A8.6 million) for a residence in Montecito, California. Less than a year later, he sold the home for $US6.9 million ($A10.4 million).

In 2014, the comedian sold a home in the Pacific Palisades neighbourhood for $US12 million. Picture: Realtor


David sold a home in Montecito, California for $US6.9 million in 2023. Picture: Jim Bartsch via NY Post


In September 2022 Larry bought a new Montecito mansion, setting him back $US7.6 million ($A11.5 million).

He also owns a modest property in Martha’s Vineyard, Massachusetts, which he bought in 2004.

Parts of this story first appeared in Realtor and was republished with permission.

MORE: Neighbour war over Rita Ora’s $15m ‘eyesore’

Second ex-wife: Harrison Ford’s $23m payout

Robert’s wealth after sad fortune Steve Irwin left

Read Entire Article