What Business Does Danny DeVito Own? Unpacking His Ventures Beyond The Screen

Danny DeVito, a name synonymous with unforgettable characters and a truly distinctive presence in Hollywood, has captivated audiences for decades. From his iconic roles in "Taxi" and "It's Always Sunny in Philadelphia" to his powerful performances in "One Flew Over the Cuckoo's Nest" and "Matilda," his creative output is just amazing. But have you ever stopped to wonder, what business does Danny DeVito own outside of acting and directing? It's a question many fans, and even folks curious about how successful people manage their money, often ponder, and for good reason.

You see, while most people know him for his work in front of or behind the camera, a lot of successful individuals in the entertainment world, or really any field, actually branch out. They put their energy and their ideas into other things, creating new ways to make a living or to make money, which is, in a way, what business is all about. It’s the practice of making one's living or making money by producing or buying and selling products, whether those are goods or services, and Danny DeVito, it turns out, is no stranger to this concept.

So, if you're keen to discover more about the ventures that keep this Hollywood legend busy when he's not delivering a memorable line or directing a scene, you've come to the right place. We'll explore the main business activity that he truly has a stake in, and perhaps a few other areas where his entrepreneurial spirit shines through. It's quite interesting, actually, to see how someone so famous in one area can also operate in others.

Table of Contents

A Glimpse into Danny DeVito's Journey

Danny DeVito's path to becoming a household name is, in some respects, a truly classic Hollywood story, yet also uniquely his own. Born Daniel Michael DeVito Jr. in Neptune Township, New Jersey, he showed an early knack for performing and making people laugh. He pursued acting at the American Academy of Dramatic Arts, where he actually became friends with Michael Douglas, a connection that would later prove very significant for his career and his business endeavors. His early career saw him take on a variety of roles, often in theater, honing his craft and developing the distinct style that would make him famous.

His big break came with the role of Louie De Palma in the television sitcom "Taxi," which began in 1978. This role, in a way, cemented his place in the public eye, earning him an Emmy Award and a Golden Globe. From there, his career just exploded, leading to memorable film roles in comedies like "Twins" and "Throw Momma from the Train," and also more dramatic, intense parts in films such as "L.A. Confidential" and "The Rainmaker." He didn't just stop at acting, though; he also moved into directing, showing a real talent for storytelling from behind the camera with films like "Matilda" and "The War of the Roses." This progression from actor to director, and then to a business owner, is a fascinating aspect of his professional life.

Personal Details and Bio Data

Full NameDaniel Michael DeVito Jr.
Date of BirthNovember 17, 1944
Place of BirthNeptune Township, New Jersey, U.S.
OccupationActor, Director, Producer, Businessman
SpouseRhea Perlman (separated)
Children3
Notable Works (Acting)"Taxi," "One Flew Over the Cuckoo's Nest," "Terms of Endearment," "Twins," "Batman Returns," "Matilda," "L.A. Confidential," "It's Always Sunny in Philadelphia"
Notable Works (Directing)"The War of the Roses," "Hoffa," "Matilda," "Death to Smoochy"

Jersey Films: A Production Powerhouse

When we talk about what business Danny DeVito truly owns, the most prominent and significant venture is, without a doubt, Jersey Films. This production company, which he co-founded with Michael Shamberg, has been responsible for bringing some truly iconic and, frankly, very successful films to the big screen. It's a clear example of how someone can turn their ideas and concepts into a business plan, moving beyond just being an employee to actually creating and owning a company that produces things. This is the kind of activity that involves making money by producing goods, in this case, movies, and it's a huge undertaking in the entertainment world.

Forming a Company: The Start of Jersey Films

The establishment of Jersey Films marked a pivotal moment in DeVito's career, allowing him to exert greater creative control and pursue projects he deeply believed in. Forming a new company, as many small business owners or those looking to start a new venture know, involves a lot of steps. You have to consider the structure of the business, whether it's a sole proprietorship, a partnership, or a corporation. For a production company of this scale, it would very likely be a more complex structure, like a corporation, which involves specific filings and legal requirements. It’s not just about having a good idea for a movie; it's about setting up the legal framework to make that idea a reality and to manage the finances.

This kind of business formation is something that requires careful planning, much like what is described in resources about starting a new business, where you learn how to register your business and access state and federal resources. The goal is to create an entity that can operate effectively, handle contracts, manage employees, and deal with all the financial aspects, from taxes to potential profits. So, Jersey Films, in a way, represents DeVito's formal entry into the business of movie production, not just acting in them.

Managing the Business: Creative Control and Success

Managing a production company like Jersey Films involves a lot more than just picking good scripts. It's about overseeing the entire process of filmmaking, from development and financing to production, marketing, and distribution. This requires a strong understanding of the industry, keen business sense, and the ability to manage significant resources, including large budgets and numerous personnel. It's a complex operation, very similar to how any large enterprise manages its affairs, ensuring that everything runs smoothly and that the final product is something people want to see.

Under DeVito's guidance, Jersey Films has produced a truly impressive list of movies. Think about films like "Pulp Fiction," which became a cultural phenomenon, or "Erin Brockovich," which earned Julia Roberts an Academy Award. They also produced "Get Shorty," "Man on the Moon," and "Garden State," among others. These projects weren't just random choices; they were strategic decisions, reflecting a clear vision for the kind of stories they wanted to tell and the kind of impact they wanted to have. This success speaks volumes about the effective management and creative direction at the heart of Jersey Films.

Impact on Hollywood and the Industry

The influence of Jersey Films on Hollywood has been pretty substantial. By backing projects that were often unique, sometimes edgy, and always compelling, the company helped to shape the landscape of independent and mainstream cinema. They took risks on stories and filmmakers that might not have found a home elsewhere, which is a very important role in a creative industry. This kind of impact goes beyond just making money; it's about contributing to the art form and providing opportunities for talented individuals.

Their track record of critical acclaim and box office success means that Jersey Films, and by extension Danny DeVito, became a respected name in the producing world. This kind of reputation is, in a way, a valuable asset for any business. It helps attract top talent, secure financing, and ensure that future projects are taken seriously. So, Jersey Films isn't just a business that makes movies; it's a business that has left a lasting mark on the film industry, showing what can happen when creative vision meets sound business practice.

Beyond Production: Other Business Activities

While Jersey Films stands out as Danny DeVito's primary owned business, his financial activities and ways of making money extend beyond just that production company. Like many successful individuals, his career itself is a business, and he likely engages in various other forms of enterprise, even if they aren't traditional companies with a public face. It’s all part of the broad definition of business: making one's living or making money.

Acting and Directing: His Primary Business

For most of his life, Danny DeVito's main source of income, his core "business activity," has been his work as an actor and director. When he takes on a role in a film or a TV show, or when he directs a movie, he is essentially providing a service. He's selling his talent, his time, and his creative vision. This involves contracts, negotiations with agents and managers, and managing his personal brand, which is, in a way, a very important asset in the entertainment industry. It’s a classic example of making money by providing services.

This kind of work, while perhaps not owning a company in the traditional sense, still involves a lot of the same principles as running a business. There are earnings, expenses, tax filings, and the need to continually find new opportunities. He has to manage his career, make strategic choices about which projects to take on, and maintain his professional relationships. So, his acting and directing career, in essence, operates like a very successful, personal enterprise, a kind of sole proprietorship where he is the main product and service. You can learn more about business registration on our site, which helps clarify how different structures apply to people's work.

Investments and Other Ventures

Like many people who have achieved significant financial success, Danny DeVito has, it is safe to assume, made various investments over the years. This could include real estate, stocks, or even stakes in other companies. While not a publicly owned business in the way Jersey Films is, these investments are still part of his overall financial "business" strategy. They are ways to grow wealth and ensure financial security, which is a common goal for any individual or entity looking to manage their money effectively.

There have also been reports and mentions of him being involved with restaurants in the past, such as "DeVito's" in Miami Beach. While that particular venture, as far as public information goes, did not last forever, it shows an interest in other types of business. The restaurant industry, as anyone knows, is a truly challenging one, requiring a deep understanding of operations, customer service, and supply chains. It’s a very different kind of business activity compared to film production, but it still involves the core principles of buying and selling goods and services to make a profit. It just goes to show that even creative people sometimes explore ventures in entirely different sectors. You can also explore various business structures that people choose for their ventures.

Frequently Asked Questions About Danny DeVito's Businesses

Does Danny DeVito own a production company?

Yes, Danny DeVito co-owns a highly successful production company called Jersey Films. This company has been responsible for producing many well-known and critically acclaimed movies over the years, showcasing his business acumen beyond acting.

What famous movies did Danny DeVito's company produce?

Jersey Films, Danny DeVito's production company, has produced a number of truly famous films. Some of the most notable include "Pulp Fiction," "Erin Brockovich," "Get Shorty," "Man on the Moon," and "Garden State." These films highlight the company's diverse range and impact.

Is Danny DeVito involved in any restaurant businesses?

Danny DeVito has been associated with restaurant ventures in the past, specifically a place called "DeVito's" in Miami Beach. While that particular restaurant eventually closed, it does show that he has, at times, explored business opportunities in the hospitality sector, though his primary business ownership remains in film production.

What Businesses Does Danny DeVito Own? Discover His Unlikely Empire

What Businesses Does Danny DeVito Own? Discover His Unlikely Empire

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Danny DeVito Net Worth 2025: How Much Money Does He Make?

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