Sidney Kimmel Net Worth | Celebrity Net Worth

What is Sidney Kimmel’s net worth?

Sidney Kimmel is an American producer, businessman, and philanthropist who has a net worth of $1.6 billion. In film, he has worked on films such as “The Kite Runner” and “Death at a Funeral”, while in business he is known as the founder of Jones Apparel Group. Still, his most far-reaching role is that of philanthropist. With a goal of donating $1 billion in total over his lifetime, Kimmel is an active donor in the fields of healthcare, education, and arts and culture. Sidney founded Jones Apparel Group in 1970. He left his position as CEO of the company in 2002, but remained chairman of the board of directors. He is now focused on his film production company, Sidney Kimmel Entertainment, which recently released the 2023 film “Anyone But You,” with Sydney Sweeney and Glen Powell. Additionally, he owns artwork and real estate, as well as a 5% stake in the Miami Heat basketball team. It was in 2010 that Sidney joined the Gates-Buffett Giving Pledge, about seven years after creating his Sidney Kimmel Foundation and its affiliate, the Sidney Kimmel Foundation for Cancer Research.

Early life

Sidney Kimmel was born on January 16, 1928 in Philadelphia, Pennsylvania. He comes from a Jewish family. After high school, Kimmel enrolled at Temple University, but dropped out before earning his degree.

Career

In 1970, Kimmel was an employee of WR Grace and Company when he founded his own company, Jones Apparel Group. He produced clothing lines such as Jones New York, Nine West and Evan-Picone, and signed licensing deals with Ralph Lauren. In 2002, Sidney stepped down from his position as CEO of Jones Apparel Group and sold the majority of his shares in the company, but continued to serve as chairman of the board of directors until the company was sold to Sycamore Partners for $2.2 billion in 2014.

Kimmel financed the 1986 film “9½ Weeks,” an erotic drama starring Mickey Rourke and Kim Basinger that grossed $100 million on a $17 million budget. In 2004 he founded the production company Sidney Kimmel Entertainment (SKE). The company’s first projects were the films “Neverwas” (2005), “Trust the Man” (2005), “Alpha Dog” (2006), “United 93” (2006), “Copying Beethoven” (2006) and “Griffin & Phoenix” (2006). In 2007, SKE produced the films “Breach,” “Death at a Funeral,” “Talk to Me,” “Charlie Bartlett,” “Married Life” and “Lars and the Real Girl.” The company also produced “The Kite Runner” that year, earning a Critics Choice Award nomination for Best Picture and a Golden Globe nomination for Best Foreign Language Film. SKE’s next film was 2008’s “Synecdoche, New York,” which won two Independent Spirit Awards. The company then produced films such as “Adventureland” (2009), the American remake of “Death at a Funeral” (2010), “The Lincoln Lawyer” (2011), “One for the Money” (2012), “Gone” (2012), “The Place Beyond the Pines” (2012), “Stand Up Guys” (2012), “All Is Bright” (2013), “I, Frankenstein.” (2014), Walk of Shame” (2014), “The Age of Adaline” (2015) and “Sleeping with Other People” (2015). The 2016 film “Hell or High Water” received more than 170 award nominations, including four Academy Award nominations. SKE followed the hit film with 2017’s “The Book of Henry” and “Brad’s Status,” 2018. “Greta,” 2019’s “The Jesus Rolls,” 2021’s “Palmer” and 2023’s “God Is a Bullet,” “Mountain Queen: The Summits of Lhakpa Sherpa” and “Anyone But You” earned $220 million on a budget of just $25 million and received a People’s Choice Award nomination for Feature Film. Comedy of the Year.

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Philanthropy

Kimmel is passionate about philanthropy, particularly in the areas of education, healthcare, and the arts. He said he is determined to donate $1 billion during his lifetime. In 1993, he created the Sidney Kimmel Foundation, dedicated to “Connecting Promise to Progress.” In 2001, the Sidney Kimmel Foundation for Cancer Research made a $150 million gift to Johns Hopkins University that was used to develop a residency for patients undergoing long-term cancer treatment. The university named the building the Sidney Kimmel Comprehensive Cancer Center. Sidney’s name is associated with cancer research centers in four cities: Philadelphia, San Diego, New York and Baltimore. He has donated more than $35 million to the Philadelphia Performing Arts Center, now known as The Kimmel Center for the Performing Arts. Kimmel has also donated millions to the National Constitution Center in Philadelphia, the National Museum of American Jewish History and the Raymond and Ruth Perelman Jewish Day School. He also made a $25 million contribution to Stand Up To Cancer. Through his foundation, he created the Kimmel Fellowship Program, which “fills the funding gap for talented young cancer researchers early in their careers.”

In 2025, Sidney and his wife, Caroline, made a $27.5 million gift toward the construction of the Caroline Kimmel Pavilion for Arts and Communication at Temple University. Kimmel has donated more than $5 million to the University of Missouri for the creation of the Sidney Kimmel Institute for Nuclear Renaissance (SKINR). He hopes that SKINR researchers will “discover why excess heat has been observed when hydrogen or deuterium interacts with materials such as palladium, nickel or platinum under extreme conditions.”

Awards and nominations

In 2008, Kimmel won a Christopher Award in the feature film category for “The Kite Runner.” The 2008 film “Synecdoche, New York” earned him an Independent Spirit Award for Best First Feature and a Gotham Award nomination for Best Picture. For “Hell or High Water,” Sidney received an Online Film & Television Association Award nomination for Best Picture and an Awards Circuit Community Award nomination for Best Picture.

Real estate

In 2007, Sidney and Caroline paid $46 million for Johnny Carson’s former home in Malibu, California. They put the house on the market for $81.5 million in 2017, then reduced the asking price to $65.2 million during the summer of 2018. According to Robb Report, “In 2019, the Kimmels transferred the place to venture capitalist Riaz Valani, an early investor in e-cigarette maker Juul, and his wife Augusta Tigrett, daughter of Hard Rock Café co-founder Isaac Tigrett, and Ringo Starr’s ex-wife Maureen Starkey The clandestine deal took place off the market and was valued at $40 million in cash.