Steve Guttenberg, a name synonymous with 1980s Hollywood success, has crafted a remarkable career as an actor, comedian, and philanthropist. As of 2025, his net worth is estimated at $12 million, a testament to his multifaceted ventures in entertainment and his enduring popularity. From box office hits to meaningful community work, Guttenberg’s journey exemplifies both professional success and personal integrity.
Early Life and Path to Stardom
Steven Robert Guttenberg was born on August 24, 1958, in Brooklyn, New York, to Ann Iris, a surgical assistant, and Jerome Stanley Guttenberg, an electrical engineer. Raised in a Jewish household in Queens before moving to North Massapequa, New York, Guttenberg displayed early artistic promise. During high school, he attended a summer program at Juilliard under the tutelage of John Houseman. His stage debut came with an off-Broadway production of The Lion in Winter before he graduated from Plainedge High School in 1976.
Guttenberg’s ambition led him to the State University of New York at Albany, but he left after a year to chase his dreams in Hollywood. A quick start to his career saw him cast in a Kentucky Fried Chicken commercial, playing the iconic Colonel Sanders.
Hollywood Success: The Golden Decade
Guttenberg burst onto the scene in the late 1970s, landing small parts before achieving major success in the 1980s. His breakout came with Barry Levinson’s Diner (1982), a critical hit that showcased his comedic and dramatic range. This was the beginning of a string of successes that made Guttenberg one of the busiest actors of the decade.
The 1984 hit Police Academy catapulted him to stardom. Guttenberg became the face of the franchise, reprising his role in Police Academy 2: Their First Assignment (1985), Police Academy 3: Back in Training (1986), and Police Academy 4: Citizens on Patrol (1987). In between, he delivered standout performances in Cocoon (1985), Short Circuit (1986), and Three Men and a Baby (1987). The latter, co-starring Tom Selleck and Ted Danson, remains one of his most commercially successful films, grossing over $240 million worldwide.
Despite a few commercial disappointments like High Spirits and Don’t Tell Her It’s Me, Guttenberg’s place as a box office draw was firmly established. His work in Three Men and a Little Lady (1990) further solidified his legacy as a leading man of the era.
Broadway, Television, and Beyond
Guttenberg’s career extended beyond film. He made his Broadway debut in 1991’s Prelude to a Kiss, followed by performances in London’s West End and other stage productions. His directorial debut came with the 2002 film adaptation of P.S. Your Cat Is Dead, where he also served as producer and co-writer.
On television, Guttenberg’s roles included Mayor Woody Goodman in Veronica Mars and appearances in Law & Order and The Goldbergs. In 2008, he competed on Dancing with the Stars, showcasing his versatility.
Philanthropy and Community Impact
Outside of acting, Guttenberg has devoted himself to philanthropy. He founded Guttenhouse, a housing initiative supporting young adults who have aged out of foster care. His volunteer work during Hurricane Katrina at the Houston Astrodome highlighted his commitment to humanitarian causes. Additionally, Guttenberg has been an advocate for animal rights through the charity Fun Paw Care and has supported the Lymphatic Education & Research Network.
Financial Success and Real Estate Ventures
Over his career, Guttenberg has accrued substantial earnings, including early roles like Diner, where he strategically accepted a lower salary for top billing. This decision, along with his commercial success, contributed to his $12 million net worth.
Guttenberg’s real estate portfolio includes a Spanish-style mansion in Pacific Palisades, Los Angeles, purchased in 1985 for $355,000. Today, the property’s value exceeds $5 million. When not in Los Angeles, Guttenberg and his wife, Emily Smith, reside in a long-held Upper West Side apartment in New York. The Pacific Palisades home is occasionally rented out for $12,000 to $20,000 per month, reflecting Guttenberg’s savvy financial management.
Personal Life and Relationships
Guttenberg’s personal life has been marked by significant relationships. He was married to model Denise Bixler from 1988 to 1991. Since 2014, he has been with journalist Emily Smith. The couple announced their engagement in 2016 and married on January 19, 2019. Smith’s career as a reporter for WABC and CBS New York often keeps them in Manhattan, balancing their bi-coastal lifestyle.
Awards and Recognition
Throughout his career, Guttenberg has received accolades for his contributions to entertainment and charity. In 2008, he was honored with the Tony Randall Lifetime Achievement Award. In 2011, he earned a star on the Hollywood Walk of Fame, and in 2014, Miami awarded him a key to the city for his philanthropic efforts.
Enduring Legacy
At 66 years old, Steve Guttenberg remains a beloved figure in Hollywood and beyond. His ability to transition from comedic roles to meaningful philanthropic initiatives showcases his depth as an individual. Whether through his memorable performances or his contributions to society, Guttenberg’s impact endures, solidifying his place as a cultural icon.