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Norman Lear Net Worth: The Tv Star’s Multimillion-Dollar Fortune Is Stared 

Norman Lear Net Worth

Norman Lear Net Worth: In a Jewish family, Norman Lear was born in New Haven, Connecticut, in 1922. His mother was Jeanette, and his father, a traveling salesman named Hyman, raised him. His sister Claire, who was younger, was his only sibling. Lear’s father was imprisoned for promoting false bonds when he was nine, and while tinkering with his radio, he came across the anti-Semitic Catholic radio priest Father Charles Coughlin.

The earlier incident later inspired Lear’s lifelong dedication to lobbying, while the latter incident later inspired the character of Archie Bunker. Lear attended Emerson College in Boston after earning his high school diploma from Hartford, Connecticut’s Weaver High School in 1940. He left, nonetheless, in order to join the US Army Air Forces in 1942. He performed 52 combat flights while serving in the Mediterranean theatre as a radio operator and gunner, receiving the Air Medal.

After the war, Lear pursued a career in public relations before relocating to Los Angeles, California, to live with his cousin Elaine. Lear sold furniture door-to-door together with Elaine’s husband, budding comic writer Ed Simmons. The duo produced comedic skits for Rowan and Martin, Martin and Lewis, and other shows throughout the 1950s. In 1953, Norman and Ed were writing for three Martin and Lewis comedy specials for a record-breaking $52,000 each (equivalent to $500,000 today).

Lear was hired as a writer for the brand-new CBS sitcom “Honestly, Celeste!” in 1954, but the program was quickly canceled. Lear also started producing the brief sitcom “The Martha Raye Show” at this time, and he also contributed some opening monologues to “The Tennessee Ernie Ford Show.” In 1959, Lear launched his first television program, the Henry Fonda Western “The Deputy.”

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Personal Life

President Bill Clinton presented him with the National Medal of Arts in 1999. For $8.1 million, he paid for one of the original copies of the American Declaration of Independence in 2001. Political activist Norman Lear founded People For the American Way in 1981. He advocates for the right to free speech and in 2004 and 2009, respectively, he founded the nonprofit initiative Declare Yourself and BornAgainAmerican.org.

Many African Americans have been given opportunities for television careers thanks in part to Lear. At the 2017 Kennedy Center Honors, Lear received recognition. He has six kids from three different marriages. From 1944 to 1956, he was married to Charlotte Rosen. From 1956 to 1986, he was married to Frances Loeb in his second marriage. Since 1987, he has been wed to Lyn Davis.

Divorce Settlement

Norman Lear and his second wife Frances filed for divorce in 1985 after 28 years of marriage. Norman was ordered to pay Francis an unprecedented $112 million divorce settlement, the same as around $270 million today. Frances then spent $30 million of her settlement money (around $70m with inflation) to launch a magazine called Lear’s which was focused on women over the age of 45. The magazine folded within six years.

Norman Lear Net Worth

An American television producer and writer by name of Norman Lear is worth $200 million. All in the Family, Sanford and Son, One Day at a Time, and Good Times are just a few of the classic sitcoms that Norman Lear created in the 1970s. He is also a well-known political activist who has generously donated money to politicians and progressive organizations. Lear established People for the American Way in 1980 to oppose the conservative Christian agenda.

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Norman Lear’s Real Estate

In the Brentwood section of Los Angeles, Norman and his third wife Lyn invested $6.5 million in a sizable estate in 1995. The property contains a 14,000-square-foot main house, a guest house, a pool, a gym, a spa, tennis courts, security offices, and a 35-car garage. It is situated on 8 acres. In 2015, he put the house up for sale for $55 million. He listed the house once more in November 2019 but this time for just under $40 million.

In addition, Norman and Lyn own a two-bedroom apartment in New York City in Central Park that they paid $10.2 million for in 2008. One of the first printed copies of the US Declaration of Independence was purchased by Lear and his wife for $8.1 million in 2001. Lear took the paper on a planned cross-country tour during the ensuing years, stopping at presidential libraries, museums, the Winter Olympic Games, and the Super Bowl.

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