Lorne Michael's has been one of the most influential men in television and film. The star first began his career as a radio broadcaster in Canada, however, he quickly made his way over to New York City where he would create one of the most iconic live comedy shows in television history, "Saturday Night Live!".
Michael's created the show back in 1975 and has remained on board as the lead producer and writer to this very day. He gave rise to massive names such as Tina Fey, Andy Samberg, Kate McKinnon, Jimmy Fallon and so many more! Considering his talent and work ethic, Lorne has managed to make $30 million a year with "SNL", so what exactly does he spend his millions on? Let's find out!
The Man Who Transformed Comedy
When it comes to the entertainment industry there is one man who has practically transformed the genre of comedy on television as we know it, Lorne Michaels! Michaels, who was born and raised in Toronto, Canada, began his career as a CBC Radio writer and broadcaster. By the 1960s, Lorne moved to Los Angeles where he would work as a writer for "Laugh-In" and "The Beautiful Phyllis Diller Show".
It wasn't until 1975 that Lorne finally took a leap of faith and created a television show now known as "Saturday Night Live". The NBC show has been regarded as one of the most creative and comedic shows on late-night television, and we don't disagree one bit! Lorne has managed to remain as the lead writer and creator of the show since its start in the late 70s. He did take a break between 1980 - 1985, but he returned and stayed on board ever since.
As someone in the business for so long, Lorne has managed to amass a net worth of $500 million made possible by his annual salary of $30 million! It's no secret that he's rich, but for someone worth a half a billion dollars, he certainly does a great job at keeping his luxe life on the down-low. So, what does Lorne spend his millions on?
According to a number of sources, Lorne loves himself some horses! The television creator has been a fan of equestrian sports his entire life, and if anyone knows anything about equestrian, it's that it isn't a cheap hobby! The star even went ahead as dishing out $670,000 to purchase land in order to have a stable of his own. This was a pretty important purchase for Lorne considering the land for his horse is on yet another property he purchased for $12 million!
Lorne purchased his home in Wellington, Florida back in 2013 that sits on four acres of land and has a stable big enough for 22 horses! His daughter, Sophie, is easily one of the best equestrians in his family, and considering she's been taking lessons all her life, it's safe to say that Lorne has dished out hundreds of thousands of dollars for his children's passion for horse riding, too!
While he may not be a fan of boasting his private jets, lavish vacations, and car collection, he certainly knows how to say "I'm rich" after dishing out nearly $13 million all in the name of horses!
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