Larry was born in Brooklyn on July 2, 1947 to Rose and Mortimer “Monty” David. He has an older brother named Ken. His family is Jewish. Larry attended Sheepshead Bay High School then the University of Maryland. While in college, he was a member of the Tau Epsilon Phi fraternity. In college, he realised he made people laugh just by being himself. He graduated with a bachelor’s degree in history. After college, David enlisted in the United States Army Reserve and held various odd jobs including working as a store clerk and a limo driver, while also practicing his stand-up at night. From 1980 to 1982 he was a writer and cast member on the ABC sketch show “Fridays.” He was then a writer for “Saturday Night Live” from 1984 to 1985. He famously only got one of his sketches on the air while at “SNL,” which aired at 12:50 AM, the last time slot on the show. He worked with future “Seinfeld” stars Michael Richards on “Fridays” and Julia Louis-Dreyfus on “SNL.” He is best known for creating the comedy shows “Seinfeld” and “Curb Your Enthusiasm.” Through these two shows, Larry has been producing a successful comedy show continuously since 1989.
Larry earned the vast majority of his net worth thanks to his association with the massively successful “Seinfeld.” From the outset of the show, Larry and Jerry each owned 7.5% of the show’s backend equity points. At the peak of the show’s success in the mid-1990s, the duo negotiated a deal with NBC that boosted their points to 15% apiece. Part of that boost also came from Larry and Jerry buying out an equity owner who was looking to cash out. The show was first syndicated in 1998. That first deal generated $1.7 billion in revenue, giving Larry and Jerry each a $250 million windfall. In an average year, he makes $40-50 million between syndication, DVD sales, merchandise, and other platform royalties. In some years that number can be much higher. In 2015 Larry earned a total of $80 million after Hulu paid $180 million to acquire Seinfeld‘s streaming rights, giving both Larry and Jerry an extra $30 million. In the last two decades, Seinfeld has generated well over $4 billion in syndication revenue, roughly $17 million per episode. As of this writing, Jerry and Larry have both earned at least $800 million from “Seinfeld”
On March 31, 1993, David married Laurie Lennard. They have two daughters, Cazzie Laurel (born May 10, 1994) and Romy March (born March 2, 1996). Laurie David filed for divorce on July 13, 2007, citing irreconcilable differences and seeking joint custody of the couple’s two daughters.
He is an Atheist.
