David Copperfield Net Worth: American illusionist David Copperfield has spent more than four decades performing stage shows, incredible magic tricks, and appearing on several TV specials. It eventually increased a huge growth in David Copperfield net worth. In fact, he is known for vanishing the Statue Of Liberty and later making it reappear. While many try to unearth his trick, David comes forward to explain the secret behind all of his magic tricks. But why he’s doing this? Well, his followers are keen to know the answer. But some believe it’s also a part of his illusion as the magician is only trying to find a way to fool people. Is it? Let’s see what he’s up to and how he bagged such a vast net worth.
But First, Who Is David Copperfield?
Born in Metuchen, New Jersey, David Seth Kotkin, aka David Copperfield, was the son of Jewish parents, while his paternal grandparents were from the Ukrainian SSR and Jewish emigrants. Being a shy and loner kid, David found the perfect escape route at 10, when he began practicing magic. He was famous as “Davino The Boy Magician” in his neighborhood. A couple of years later, David became the youngest member admitted to the Society Of American Magicians. However, Camp Harmony, a day camp nearby Warren, helped boost David’s creative style. Do you know at 16, David Copperfield taught a magic course at New York University? Later he graduated from Metuchen High School in 1974.
Well, David was fascinated with Broadway during his teen years, and his passion encouraged him to follow a career in drama. After graduation, David enrolled at Fordham University. Still, he dropped out the college after three weeks in his freshman year to play the lead role in The Magic Man in Chicago musical. It was then David adopted David Copperfield as his stage name, taken from the famous Charles Dickens novel. In the stage show, he sang, danced, and created his own illusions making it the longest-running musical in the history of Chicago. Soon it opened the door to the TV when Joseph Cates discovered him, helping David Copperfield net worth to boost.
How Did David Copperfield Raise To Fame?
Soon after the Broadway show, David Copperfield made his TV debut in 1977 in ABC’s The Magic Of ABC. He later appeared in several special magical series on CBS and also appeared in 2 docuseries focusing on his magic tricks. Later in 1980, David Copperfield made his film debut in the horror film Terror Train. However, most of his fame came from his media appearances in guest spots on several TV programs. David was famous for the vanishing and reappearance of the Statue Of Liberty, disappearing a Learjet, walking through the Great Wall of China, and more. However, his popularity upturned when he performed his famous illusions in front of a live audience.
David then again appeared in a Broadway show, Dreams And Nightmares, that broke all the records. It soon made the illusionist the most famous magician ever. Soon David came up with an anthology of original fiction set, Tales Of The Impossible. He released its second volume a year later, and both books soon boosted David Copperfield’s net worth. While he had just embarked on his journey, he got a chance to entertain the guest at the White House. There he performed Death Saw on the singer and actress Jennifer Lopez and sawed her in six pieces, making it the masterpiece of his life.
David Copperfield Net Worth
American illusionist is known for his breathtaking magic, which has made him gain a huge name in the magic world. As per the source, David Copperfield net worth is around $1 billion, making him the world’s richest magician. He officially made it to the billionaire list in 2018. In which his roughly 515 shows played a crucial part, from where he earned $40 to $60 million per year at the MGM Grand in Las Vegas. But it isn’t the only source of David Copperfield’s net worth. He has a vast business, and when the COVID-19 pandemic led to the Las Vegas shutdown, David continued to pay every salary to his employees personally.
His Own International Museum
While David has recently entered the billionaire list, he was a part of the wealthiest magicians on the planet from the beginning. One such great example of David Copperfield’s incredible net worth is his possession. He owns the International Museum and Library of the Conjuring Arts. It itself is the world’s largest collection of historical books, artifacts, and magic memorabilia. However, many magicians weren’t proud of David’s decision and criticized him for this collection. But David never listened to them, and it led to making his collection more enormous than before.
As for now, the museum is comprised of around 80,000 items, including Orson Welles’ Buzz Saw illusion, Houdini’s Water Torture Cabinet, and Metamorphosis Trunk. Later in 1992, David purchased the largest private magic collection. It quickly made his museum one of the greatest museums of all time. In fact, David’s museum also contained the world’s largest collection of “Houdiniana.” However, the museum is closed to the public and only provides reserve tours for fellow magicians, serious collectors, and colleagues. Do you know the entrance is a secret, just like in some Hollywood movies? The true look of the entrance has yet to be revealed. But the actor Hugh Jackman called it resembles a “sex shop.”
“Magic Underground” Restaurant
David Copperfield’s net worth continued to flourish during his peak years. By then, Walt Disney World in Orlando planned to create a restaurant named David Copperfield’s Magic Underground. In the late 90s, the restaurant was about to open. In fact, the restaurant was almost 85% completed. But the dispute between the financial and creative teams led to the project’s cancelation. As per the source, the investor reportedly lost $34 million. But luckily, David wasn’t the investor. Thus it never affected David Copperfield net worth.
The Islands Of Copperfield Bay
In 2006, David bought eleven Bahamian islands and later named them Musha Cay. However, he soon changed the name to “The Islands Of Copperfield Bay.” All the islands later turned into a private resort, boosting David Copperfield’s net worth. In fact, Google co-founder Sergey Brin tied the knot there. But, David’s statement that the island may have the Fountain of Youth made it the talk of the town. He received a Dubious Achievement Award for his claim from Esquire magazine. Do you know per night rent at David’s Island is $50,000? Apart from this, David owns an $18 million mansion in Nevada. He also has a four-floor apartment in NY, which current value is $60 million.
No doubt, the magician knows his worth, and this is why he used to post fake videos of illusions on his social media to fool people around. David said that many people try to decode his tricks and claim how the illusionist used to perform. However, to spice things up, David comes up with another trick to let the audience believe they know about him and his secret tricks. David is currently working on his next project, and it eventually led to a boost in David Copperfield’s net worth. So considering all his plans, what do you think will he reach the trillionaire list? This is all for now. Stay tuned. TechRadar247 will keep you updated.