After being honored with a star on the Hollywood Walk of Fame in 2008, Mandel became one of four judges on "America's Got Talent" and ultimately secured a massive episodic salary of $70,000, which has provided quite the life for himself and his wife, Terry, who he married in 1980 and welcomed three kids with, including daughters Jackie and Riley, and son Alex.

According to Celebrity Net Worth, Mandel is worth an impressive $60 million, which includes tons of real estate.

In 2018, Mandel purchased a $2.6 million ranch-style home in the Hidden Hills area of Los Angeles. At the time, the property had four bedrooms, 2.5 bathrooms, and around 2,200 square feet of living space. Two years later, after embarking on major renovations, Mandel sold the property to NFL player Jalen Ramsey for $9.5 million, as the Los Angeles Times confirmed.

Currently, Mandel owns a number of homes, including a nearly 13,000-square-foot home in Hidden Hills, a $1.53 million property in Calabasas, and three condos in Santa Monica, which he reportedly dropped a total of $4.8 million on.