David Copperfield is more than a magician. He is an empire in motion. For over four decades, he has wowed millions with illusions that bend reality, while quietly building a financial empire that rivals the biggest names in entertainment.
His fortune is not just about tricks on stage but also smart business decisions, rare collections, and high-value properties.
Today, his alleged net worth sits at $1 billion, making him the richest magician in history. But is the figure real? Let’s look at the magic behind David Copperfield’s net worth.
David Copperfield Net Worth in 2025
According to reports from Celebrity Net Worth and Finance Monthly, David Copperfield’s net worth in 2025 is estimated at $1 billion. This massive fortune did not happen overnight. Copperfield spent decades performing more than 500 shows every year, mostly at the MGM Grand in Las Vegas, where he earns between $40 million and $60 million annually.
Each show alone brings him between $50,000 and $76,000 in returns. When you add merchandise sales, licensing deals, and exclusive theatre rights, his income grows even larger. His shows have already grossed more than $4 billion worldwide.
But his wealth does not end on stage. Copperfield has turned his success into investments that include private islands, a multimillion-dollar memorabilia collection, and luxury real estate. All of this makes him not just the world’s most famous illusionist but also one of entertainment’s most successful businessmen.
Profile Summary
| Real name | David Seth Kotkin |
|---|---|
| Also known as | David Copperfield |
| Gender | Male |
| Date of birth | September 16, 1956 |
| Age (2025) | 68 |
| Zodiac sign | Virgo |
| Place of birth | Metuchen, New Jersey, USA |
| Current residence | Las Vegas, Nevada, USA |
| Nationality | American |
| Ethnicity | White |
| Religion | Judaism |
| Sexuality | Straight |
| Height | 5’11” (182 cm) |
| Weight | 161 lbs (73 kg) |
| Hair colour | Black |
| Eye colour | Dark brown |
| Mother | Rebecca Kotkin (née Gispan) |
| Father | Hyman Kotkin |
| Partner | Chloé Gosselin (engaged) |
| Children | Three |
| Profession | Stage magician |
| Net worth (2025) | $1 billion |
Copperfield’s Las Vegas fortune
In addition to ticket income, he benefits from merchandise and licensing tied to his brand. His deal with the MGM Grand also gave him naming rights to the David Copperfield Theatre, further cementing his dominance on the Strip. This residency alone keeps him at the top of the highest-paid entertainers list.
Private Islands and Real Estate
Outside of the stage, Copperfield has made bold investments in property. He owns 11 islands in the Bahamas, including the world-famous Musha Cay. He bought Musha Cay for $50 million in 2006 and later spent another $40 million upgrading it and buying nearby islands.
Today, Musha Cay rents for up to $57,000 per night, attracting celebrities and billionaires. Copperfield also owns prime real estate in the United States. His Las Vegas mansion, worth $17.55 million, covers 31,000 square feet and includes luxury amenities like a nightclub, movie theatre, and antique arcade rooms.
In New York, his Manhattan penthouse purchased for $7.4 million in 1997, is now worth much more. These investments make his fortune solid, even outside his shows.
$200 Million Magic Collection
One of the most unique parts of David Copperfield’s net worth is his vast collection of magic memorabilia. He has spent decades collecting over 150,000 rare magic items, which are kept in a private museum in Las Vegas. The collection is valued at more than $200 million.
This treasure includes artifacts from history’s greatest magicians, rare manuscripts, posters, and props. While the collection is not liquid cash, it adds significant value to his empire. It also strengthens his brand as the keeper of magic history, something no other entertainer can claim.
Is David Copperfield really a billionaire? Examining Every Bit of His Net Worth
So, is David Copperfield truly worth $1 billion? The answer depends on how you count his wealth. Unlike tech billionaires with stock market valuations, much of Copperfield’s fortune is in illiquid assets like real estate and collectibles.
That may be why Forbes has not yet added him to its official billionaire list, even though it predicted in 2013 that he was on track to cross the billion mark.
Still, multiple financial sources now recognize him as a billionaire. His combination of annual show revenue, real estate, luxury islands, and memorabilia put his estimated net worth around $1 billion. Even if part of that value is tied up in assets, Copperfield remains the richest magician in history.
Key Takeaways on David Copperfield net worth
- David Copperfield’s net worth is estimated at $1 billion.
- He earns $40–60 million annually from more than 500 MGM Grand shows.
- His portfolio includes 11 Bahamian islands, a $200 million memorabilia collection, and prime real estate.
- Forbes has not officially listed him, but he remains the richest magician of all time.
