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In 2018, a lawsuit alleging that a British tourist and audience member Gavin Cox was injured during a November 2013 performance, was resolved in Copperfield's favor. He was found "not liable."

Copperfield was accused of sexual assault in 2007 by Lacey L. Carroll. A federal grand jury in Seattle closed the investigation in January 2010 without bringing charges. In January 2010, the Bellevue City Prosecutor's Office brought misdemeanor charges against Carroll for prostitution and allegedly making a false accusation of rape in another case. Carroll filed a civil lawsuit against Copperfield, which was dropped in April 2010. In January 2018, Copperfield was accused of drugging and assaulting a teenager in 1988. Copperfield published a statement in response on January 24, 2018.

In July 2016, Copperfield purchased a mansion in Las Vegas's affluent Summerlin community for $17.55 million.

In July 2012, OWN-TV network aired a one-hour special and interview with Copperfield as part of the network's Oprah's Next Chapter series. The show featured many aspects of Copperfield's personal life and family—with tours of his island home and Las Vegas conjuring museum—and a sampling of his illusions and magic effects. During the interview, he and his girlfriend Chloe Gosselin, a French fashion model, announced their engagement and appeared together briefly with their young daughter, strolling down the beach on the island.

In October 2012, Maryland residents received a robocall from Copperfield supporting a ballot initiative that would expand gambling in the state.

In January 2011 Copperfield joined the cast of the feature film Burt Wonderstone with Steve Carell, Jim Carrey, James Gandolfini and Olivia Wilde. Copperfield and his team developed illusions used in the film. He also coached Carell and Wilde on how to perform the 'Impossible Sawing' illusion, in which Wilde's character is sawed in half and her halves separated without the use of any covering or camera tricks.

Copperfield's girlfriend Chloe Gosselin, a French fashion model 28 years his junior, gave birth to his daughter, Sky, in February 2010. This did not become public until The New York Post reported it in August 2011. He's also the father to a son named Dylan.

On April 5, 2009, Copperfield made his first live TV appearance for some time when he entertained the audience at the 44th Annual Academy of Country Music Awards with two illusions. First, he made singer Taylor Swift appear inside an apparently empty translucent-sided elevator as it was lowered from the ceiling; he then sawed her in half in his Clearly Impossible illusion.

On May 7, 2009, Copperfield was dropped by Michael Jackson from Jackson's residency at the O2 Arena after a disagreement over money. Copperfield wanted $1 million (£666,000) per show. Copperfield denied the reports of a falling-out, saying "don't believe everything you read." News of Copperfield's collaboration with Jackson first surfaced on April 1, 2009, and has since been described as a possible April Fool's prank.

In August 2009, Copperfield took his show to Australia.

On December 17, 2008, during a live performance in Las Vegas, a 26-year-old assistant named Brandon was sucked into the spinning blades of a 12 feet (3.7 m) high industrial fan that Copperfield walks through. The assistant sustained multiple fractures to his arm, severe bleeding, and facial lacerations that required stitches. Copperfield canceled the rest of the performance and offered the audience members refunds.

On November 6, 2007, Viva Art International Ltd and Maz Concerts Inc. sued Copperfield for nearly $2.2 million for breach of contract and the Indonesian promoter of Copperfield's canceled shows in Jakarta held on to $550,000 worth of Copperfield's equipment in lieu of money paid to Copperfield that had not been returned. Copperfield countersued, and the dispute was resolved in July 2009.

In 2007, he organized and performed at a charity show for UNICEF in Los Angeles, along with a number of celebrity guests. During the show, he used his ex-Orson Welles Buzz Saw illusion to saw British TV presenter Cat Deeley in half.

As of 2006, Copperfield has sold 33 million tickets and grossed over US$4 billion, more than any other solo entertainer in history. In 2015, Forbes listed his earnings at $63 million for the previous 12 months and ranked him the 20th highest-earning celebrity in the world.

In 2006, Copperfield bought eleven Bahamian islands called Musha Cay. Renamed "The Islands of Copperfield Bay", the islands are a private resort. Guests have reportedly included Oprah Winfrey and John Travolta. Google co-founder Sergey Brin was married there. Copperfield has said that the islands may contain the Fountain of Youth, a claim that resulted in him receiving a Dubious Achievement Award from Esquire Magazine in 2006.

In April 2006, he and two female assistants were robbed at gunpoint after a performance in West Palm Beach, Florida. His assistants handed over their money, passports, and a cell phone. According to his police statement, Copperfield did not hand over anything, claiming that he used sleight of hand to hide his possessions, although later admitting that doing so was "very stupid. It was a reflex that could have got me shot". One of the assistants wrote down most of the license plate number, and the suspects were later arrested, charged, and sentenced.

In 2004, John Melk, co-founder of Blockbuster Inc., and previous owner of Musha Cay, sued Copperfield for fraud after Copperfield purchased the island chain, alleging that Copperfield had deliberately obscured his identity during the purchase and that he would not have sold the island to Copperfield. Copperfield claimed that Melk had agreed to sell the property to Copperfield's Imagine Nation Company, and that Copperfield negotiated the deal through a third party because he feared Melk was "seeking to exploit" Copperfield's celebrity status by demanding an unfair price. The case was settled in 2006. The terms of the settlement are undisclosed.

Forbes magazine reported that Copperfield earned $55 million in 2003, making him the tenth highest paid celebrity in the world (earnings figures are pre-tax and before deductions for agents' and attorneys' fees, etc.). He earned $57 million in 2004 and 2005, and $30 million in 2009 in entertainment earnings, according to Forbes. Copperfield performs over 500 shows per year throughout the world.

In 2002, he was the subject of an hour-long biographical special on A&E's "Biography" channel.

In May 2001, Copperfield entertained guests at a White House benefit for UNICEF by performing an illusion in which he sawed singer and actress Jennifer Lopez into six pieces. This illusion was an update of one he performed in one of his early TV specials on actress Catherine Bach.

On August 25, 2000, Copperfield unsuccessfully sued Fireman's Fund Insurance Company for reimbursement of a $506,343 ransom paid to individuals in Russia who had commandeered the entertainer's equipment there.

In 1997, Copperfield and Claudia Schiffer sued Paris Match for $30 million after the magazine claimed their relationship was a sham, that Schiffer was paid for pretending to be Copperfield's fiancée and that she did not even like him. In 1999, they won an undisclosed sum and a retraction from Paris Match. Herbert L. Becker, whom Copperfield asked to testify to the validity of the relationship, did so. Copperfield's publicist confirmed that Schiffer had a contract to appear in the audience at Copperfield's show in Berlin where they met but was not under contract to be his "consort".

In 1996, in collaboration with Francis Ford Coppola, David Ives, and Eiko Ishioka, Copperfield's Broadway show Dreams & Nightmares broke box office records in New York at the Martin Beck Theatre. Reviewer Greg Evans described the sold-out show in Variety magazine: "With a likable, self-effacing demeanor that rarely comes across in his TV specials, Copperfield leads the audience through nearly two hours of truly mind-boggling illusions. He disappears and reappears, gets cut in half, makes audience members vanish and others levitate. Copperfield climaxes his show with a flying routine, seven years in the making, that defies both logic and visual evidence, he could probably retire just by selling his secrets to future productions of Peter Pan".

Also in 1996, Copperfield joined forces with Dean Koontz, Joyce Carol Oates, Ray Bradbury and others for David Copperfield’s Tales of the Impossible, an anthology of original fiction set in the world of magic and illusion. A second volume, David Copperfield's Beyond Imagination, was published in 1997. In addition to the two books, Copperfield wrote an essay as part of NPR's "This I Believe" series and This I Believe, Inc.

On July 11, 1994, Copperfield sued magician and author Herbert L. Becker in order to prevent publication of Becker's book which reveals how magicians perform their illusions. Becker won the lawsuit but, because of a secrecy agreement Becker signed with Copperfield and an independent finding that Becker's description of Copperfield's methods was inaccurate, the publisher removed the section on Copperfield from the book before publication. In 1997, Becker sued Copperfield and Lifetime Books for $50 million for breach of contract between himself and Lifetime Books, the publisher of his book All the Secrets of Magic Revealed. Copperfield settled at the last moment and the publisher lost during the court trial.

In 1993 at a Berlin celebrity gala Copperfield met German supermodel Claudia Schiffer when he brought her on stage to participate in a mind-reading act and his flying illusion, and in January 1994 they became engaged. During the engagement, Schiffer sometimes appeared on stage with Copperfield to act as his special guest assistant in illusions including being sawn in half. She also appeared alongside Copperfield in David Copperfield: 15 Years of Magic (1994), a documentary in which she played the role of a reporter interviewing him, and at the end of which they reprised their performance of the "Flying" illusion. After a nearly six-year engagement, in September 1999 they announced their separation, citing work schedules. Adam Sandler as Operaman on Saturday Night Live mocked the relationship, calling Copperfield "il dorko."

Copperfield owns the International Museum and Library of the Conjuring Arts, which houses the world's largest collection of historically significant magic memorabilia, books and artifacts. Begun in 1991 when Copperfield purchased the Mulholland Library of Conjuring and the Allied Arts, which contained the world's largest collection of Houdini memorabilia, the museum comprises approximately 80,000 items, including Houdini's Water Torture Cabinet and Metamorphosis Trunk, Orson Welles' Buzz Saw illusion, and automata created by Robert-Houdin. Copperfield's 1991 Mulholland purchase, which formed the core of his collection, engendered criticism from some magicians. One told a reporter, "David Copperfield buying the Mulholland Library is like an Elvis impersonator winding up with Graceland." In 1992, Copperfield agreed to purchase the largest private magic collection in the world from Dr. Robert Albo to add to the museum. It houses the world's largest collection of "Houdiniana" (the second largest being Houdini Museum of New York).

David Copperfield's Magic Underground was planned to be a restaurant based on Copperfield's magic. At Walt Disney World in Orlando, Florida, a sign on Hollywood Boulevard during the late 1990s indicated the restaurant was coming soon. Signs also appeared around Pleasure Island and outside Disney-MGM Studios. A Magic Underground restaurant was also to open in New York's Times Square. Plans included eventual expansion into Disneyland in Anaheim, California, as well as Paris and Tokyo. The restaurants were to have magic props and other items on the walls; magicians would go around to tables doing sleight of hand tricks. There was also to be a larger stage for larger stunts. The restaurant in Times Square was 85% completed, but amid disputes between the creative team and the financial team and enormous cost overruns, finances dried up from the investors, the project was canceled, and Disney canceled the lease. Copperfield was not an investor in the project; the investors reportedly lost $34 million, and subcontractors placed $15 million in liens.

While doing a rope trick at a show in Memphis in 1989, Copperfield accidentally cut off the tip of his finger with sharp scissors. He was rushed to the hospital and the fingertip was reattached.

On March 11, 1984, while rehearsing an illusion called "Escape From Death" where he was shackled and handcuffed in a tank of water, Copperfield became tangled in the chains and started taking in water and banging into the sides of the tank. He was pulled from the water after 80 seconds, hyperventilating and in shock, taken to a Burbank hospital, and found to have pulled tendons in arms and legs. He was in a wheelchair for a week and used a cane for a period thereafter.

One of his most famous illusions occurred on television on April 8, 1983: A live audience of 20 tourists was seated in front of a giant curtain attached to two lateral scaffoldings built on Liberty Island in an enclosed viewing area. Copperfield, with help from Jim Steinmeyer and Don Wayne, raised the curtain before lowering it again a few seconds later to reveal that the space where the Statue of Liberty once stood was empty. A helicopter hovered overhead to give an aerial view of the illusion and the statue appeared to have vanished, with only the circle of lights surrounding it still present and visible. Before making the statue reappear, Copperfield explained in front of the camera why he wanted to perform this illusion. He wanted people to imagine what it would be like if there were no liberty or freedom in the world today and what the world would be like without the freedoms and rights we enjoy. Copperfield then brought the statue back, ending the illusion by saying that "our ancestors couldn't (enjoy rights and freedoms), we can and our children will". Both the disappearance and the reappearance of the statue were filmed in long take to demonstrate the absence of camera tricks.

In March 1982, Copperfield founded Project Magic, a rehabilitation program to help disabled patients regain lost or damaged dexterity skills by using sleight of hand as physical therapy. The program has been accredited by the American Occupational Therapy Association, and is in use in over 1100 hospitals in 30 countries. Copperfield made an appearance on Oprah Radio in April 2008 to talk with host Dr. Mehmet Oz about how magic can help disabled people.

Copperfield also played the character The Magician in the 1980 horror film Terror Train and had an uncredited appearance in the 1994 film Prêt-à-Porter. Most of his media appearances have been through television specials and guest spots on television programs. His illusions have included the disappearance of a Learjet (1981), the vanishing and reappearance of the Statue of Liberty (1983), levitating over the Grand Canyon (1984), walking through the Great Wall of China (1986), escaping from Alcatraz prison (1987), the disappearance of an Orient Express dining car (1991) and flying on stage for several minutes (1992).

Copperfield's career in television began in earnest when he was discovered by Joseph Cates, a producer of Broadway shows and television specials. Cates produced a magic special in 1977 for ABC called The Magic of ABC, hosted by Copperfield, as well as several The Magic of David Copperfield specials on CBS between 1978 and 2001. There have been 18 Copperfield TV specials and 2 documentaries between September 7, 1977, and April 3, 2001.

Copperfield was born David Seth Kotkin in Metuchen, New Jersey, the son of Jewish parents, Rebecca, an insurance adjuster, and Hyman Kotkin, who owned and operated a men's haberdashery in Warren, New Jersey, called Korby's. Copperfield's mother was born in Jerusalem while his paternal grandparents were Jewish immigrants from the USSR (present-day Ukraine). In 1974, Copperfield graduated from Metuchen High School.

David Seth Kotkin (born September 16, 1956), known professionally as David Copperfield, is an American magician, described by Forbes as the most commercially successful magician in history.