Jimmy Fallon's net worth just got a major upgrade, almost tripling overnight after being installed as Jay Leno's predecessor and hosting his own "Tonight Show."

Born and raised in New York City, Jimmy Fallon's net worth is a true testament to the many years he's invested in working his way up to becoming an established comedian as well as one of America's favorite talk show hosts.

Jimmy Fallon's net worth first started gaining traction when he performed at an open mic night at a local comedy club called Bananas in Poughkeepsie after graduating from high school.

Encouraged by his parents, Jimmy Fallon's net worth and knack for comedy only continued to improve when he took on more open mic gigs throughout college. It was only a matter of time before he booked a flight to Los Angeles to fulfill his dream of pursuing a comedy career full time.

After moving to Los Angeles, Jimmy Fallon became part of an improv group called The Groundlings where he developed his skills as a comedian and perfected a hilarious standup act.

The act paved the way for Fallon, earning him his dream audition for "Saturday Night Live" and eventually a regular cast member spot during the show's 1998-1999 season. Fallon was a regular cast member of "SNL" until 2004, where he then attempted to pursue a career in acting.

Fallon starred in movies such as "Fever Pitch," "Factory Girl," and "Whip It" but it was when he took on being the host of "Late Night with Jimmy Fallon" that he finally found his niche.

Jimmy Fallon's net worth skyrocketed when the talk show found success, paving the way for Fallon to claim Jay Leno's vacated spot as "Tonight Show" host later on. The hosting gig has Fallon earning $11 million per year.

So how much does this funny man earn? CelebrityNetWorth says Jimmy Fallon's net worth is an impressive $25 million.