Burt Sugarman Net Worth

Burt Sugarman Net Worth: How Rich The American Film Producer Is?

Burt Sugarman is a multi-millionaire American film and TV producer. That’s his and Mary Hart’s combined wealth. Burt Sugarman is a TV entertainment industry icon who has been recognized with two nominations at the highest levels of the industry’s two major awards shows.

Known primarily for his work in television, Sugarman has credits dating back to the earliest days of the medium in the 1970s. The Richard Pryor Show (1977), The Wizard of Odds (1973), The Newlywed Game (1988), and Celebrity Sweepstakes (1990) are just a few of the shows he produced that became hits.

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Burt has also demonstrated his unique talent for film production, with credits in films like “Kiss Me Goodbye” (1982) and “Children of a Lesser God.” From 1972 to 1981, Sugarman created and executive produced the variety show The Midnight Special. He also promoted a video collection of the show’s best moments, titled The Midnight Special – Legendary Performances, in an infomercial.

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What Is Burt Sugarman’s Net Worth?

Net Worth: $100 Million
Date of Birth: Jan 4, 1939 (83 years old)
Place of Birth: Los Angeles
Gender: Male
Profession: Television producer, Film Producer
Nationality: United States of America

Burt Sugarman’s Early Life

On January 4, 1939, in Los Angeles, California, the world was introduced to Burton Roy Sugarman, who would later become known as Burt Sugarman. While growing up, Burt enjoyed racing dirt bikes and even won the state championship in California. His father owned a pharmacy.

Sugarman spent three years at USC and graduated with a bachelor’s degree in finance. Soon after, he started a car sales and financing firm. At the age of twenty-four, Burt saw a picture of an Italian car called a Ghia in a car magazine.

He immediately booked a flight to Turin to purchase one. In the future, he would also serve as a distributor for Excalibur and Maserati in addition to Ghia in North America.

Dr. Sugarman informed “At 28, I got tired of all the beautiful cars and fun clients; I sold the distributorships and retired to play golf,” he said to the Los Angeles Times in 1973. I was a playboy for approximately five months before I got tired of it. My involvement with the entertainment industry began at that time.”

Burt Sugarman’s Career

Burt’s production resume includes the TV shows “The Switched On Symphony” (1970), “Changing Scene” (1970), “Changing Scene II” (1970), “Changing Scene III” (1971), and “Changing Scene IV,” all of which aired between 1969 and 1971.

After directing two episodes of “Stand Up and Cheer” in 1971, he went on to produce the films “The Manipulator” (1971) and “The 14th Annual Grammy Awards” (1972), as well as the television series “The Wizard of Odds” (1972). (1973).

Sugarman was the show’s creator and executive producer for the musical variety series The Midnight Special, which debuted in August 1972. Burt produced “The Richard Pryor Special?” “The Richard Pryor Show,” and “Billboard No. 1 Music Awards” in 1977. He also co-produced “Celebrity Sweepstakes” in 1974 with Ralph Andrews Productions.

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He co-produced the game show “Whew!” in 1979–80 with Bud Austin and Jay Wolpert and later produced the movies “Kiss Me Goodbye” (1982), “Extremities” (1986), “Children of a Lesser God” (1986), and “Crimes of the Heart” (1987). After directing 1988’s “The Newlywed Game,” Sugarman co-produced 1990’s “Mary Hart Presents Love in the Public Eye” with his wife. He made the 2019 movie “Holy Jail.”

Burt Sugarman Net Worth
Burt Sugarman Net Worth

Burt Sugarman’s Personal Life

On October 17th, 1957, Burt married Pauline Schur; they separated in 1961. A year later, Sugarman proposed to Ann-Margret. From December 28, 1975, to December 1980, Burt was married to actress Carol Wayne.

On April 8, 1989, Sugarman wed TV star Mary Hart, and on Christmas Eve 1991, the couple welcomed son Alec Jay (also known as AJ). Former Miss America finalist Hart is widely recognized as the host of “Entertainment Tonight” from 1982 until 2011.

Burt Sugarman’s Award Nominations

In 1987, “Children of a Lesser God,” directed by Sugarman, was nominated for an Academy Award for Best Picture. His work on “The Switched-On Symphony” earned him a Primetime Emmy nomination in 1970 for Outstanding Variety or Musical Program – Classical Music.

Burt Sugarman’s Real Estate

Sugarman and Hart spent $3.8 million in 2013 to purchase a condo at the Ritz Carlton in Los Angeles’s financial district. In 2018, they received $6.7 million for their sale of the property. The Sugarman-Harts also closed on the sale of a Beverly Hills mansion that year, measuring 11,000 square feet and fetching $27 million.

They dropped $8,000,000 on a duplex in West Hollywood back in 2015. The couple spent $4.65M in 2016 to purchase a second apartment in the same building. At least two more apartments in the Sierra Towers were subsequently purchased by the couple. They have invested $15,000,000 into that single area.

Burt and Mary have long taken care of several properties in Montana. In 2014, a home there on the lakefront fetched the asking price of $5.9 million.

In addition to the 160-acre ranch listed for $23 million in 2013, they also own a property in the prestigious Yellowstone Club, which was on the market for $8 million in 2018. We estimate the value of the known property portfolio is at least $50 million.

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