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Offbeat Jay Leno has held two jobs at once since he was 16—here's why

12:35  10 august  2018
12:35  10 august  2018 Source:   cnbc.com

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From the moment comedian Jay Leno entered the working world as a teenager, he always had at least two ways to make money. His first two jobs were at McDonald' s , where he sliced potatoes, and at a Ford dealership, where he worked as a the "lot boy," he tells CNBC Make It.

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From the moment comedian Jay Leno entered the working world as a teenager, he always had at least two ways to make money.

His first two jobs were at McDonald's, where he sliced potatoes, and at a Ford dealership, where he worked as a the "lot boy," he tells CNBC Make It. "I would alternate between the two, so it was cars and hamburgers, which are actually still two of my passions."

A few years later, when he was trying to break into the comedy scene, Leno supplemented his comedy gig earnings with money he made working at a car dealership.

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Why stop at two jobs ? I hear Doritos will pay a person well to eat chips on camera. In other words, spend less than you earn, save for retirement. I get the sense Leno enjoys his life greatly. Not just spending the money he has , but his jobs as well.

Silver 16 .55. Comedian and former host of NBC' s "The Tonight Show" Jay Leno plays it safe when it comes to money . From the moment he entered the working world, "I always had two incomes," he explains to CNBC.

There's a simple reason Leno has always had multiple streams of income, he says: "I had two jobs because I realized that was the quickest way to become a millionaire."

Jay Leno wearing a suit and tie sitting at a table © Provided by CNBC

It wasn't just having two streams of income that would end up making him a multi-millionaire — it was how he handed both paychecks: He banked the bigger one and lived off the smaller one. When he was first starting out, that meant saving the money he made working at the dealership and spending what he made as a comedian.

"Then I got to the point where the comedy money was, like, five times the other money, so I decided to flip it around and save the comedy money," Leno says. "I would always spend the lesser amount of what the two were."

He continued relying on this strategy even after he started hosting "The Tonight Show" in 1992, which reportedly earned him as much as $30 million a year at the height of his career. "When I got 'The Tonight Show,' I always made sure I did 150 [comedy show] gigs a year so I never had to touch the principal," Leno tells CNBC Make It. "I've never touched a dime of my 'Tonight Show' money. Ever."

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Even today, Leno, who now hosts CNBC's "Jay Leno's Garage," still does two to three comedy gigs a week, or "210 jobs a year outside of whatever else I'm doing," he says. After all, "if you do something and it works, then keep doing it."

CNBC's "Jay Leno's Garage" airs Thursdays at 10 p.m. ET.

Don't miss: How Jay Leno went from earning minimum wage at McDonald's to making millions hosting 'The Tonight Show'

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Sarah Sanders apologizes for false claim about African-American jobs .
White House press secretary Sarah Sanders issued a rare correction Tuesday night after falsely declaring that President Donald Trump has created three times as many jobs for African-American workers as former President Barack Obama did during his two terms in office. "Correction from today's briefing: Jobs numbers for Pres Trump and Pres Obama were correct, but the time frame for Pres Obama wasn't. I'm sorry for the mistake, but no apologies for the 700,000 jobs for African Americans created under President Trump," Sanders wrote in a tweet.

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