Tom Hanks Net Worth
$400 Million dollars
Tom Hanks Bio
| Full Name | Thomas Jeffrey Hanks |
|---|---|
| Category | Celebrities |
| Net Worth | $400 Million |
| Date of Birth | July 9, 1956 (age 67) |
| Birth Place | Concord, California, USA |
| Gender | Male |
| Occupation(s) | Actor, Filmmaker, Writer, Director, Producer |
| Parents | Amos Mefford Hanks (Father) Janet Marylyn Frager (Mother) |
| Spouse(s) | Samantha Lewes (Divorced) Rita Wilson |
| Children | 4 |
| Relatives | Jim Hanks (Brother) Larry Hanks (Brother) |
How much is Tom Hanks net worth?
Tom Hanks is a well-known American actor, writer, director and producer. Tom Hanks net worth is $400 million. Tom Hanks is no doubt one of the most famous, best-paid, and highest-regarded actors in Hollywood.
Hanks’ domestic lifetime box office revenue is more than $4.9 billion as a whole. His world total box office revenue is nearly $9.96 billion as of this writing. He is also most consistent, and no. 1 box office star in the world.
Key Facts
Tom Hanks takes a minimum of $25 million per movie. During his career, Tom has earned about $400-500 million in base film salaries. For points on “Forest Gump”, he has taken about $120-150 million after trading salary.
For appearing in The Da Vinci trilogy, he has earned around $70 million. Tom Hanks and his wife Rita Wilson together own about $150 million worth of real estate.
Early Life
Thomas Jeffrey Hanks aka Tom Hanks was born on July 9, 1956 in Concord, California, USA. His father name is Amos Mefford Hanks and his mother name is Janet Marylyn Frager.
He studied drama in Community College and also at California State University at Sacramento until he was inspired to join the Great Lakes Theater Festival, an internship that went for a three-year period.
He moved to New York City in 1980 and performed the co-starring role in the cross-dressing sitcom Bosom Buddies. This lasted for two seasons. He followed up quickly with a series of minor roles in films.
Rise to Stardom
Tom Hanks became famous in 1988 for his role in the all-time hit movie Big. From there on he built a career of defying genre constraints.
He started appearing in famous films such as Apollo 13, Sleepless in Seattle, You’ve Got Mail, Toy Story, Saving Private Ryan, The Da Vinci Code, Cast Away, Angels and Demons, A Beautiful Day in the Neighborhood, Sully, News of the World, and Elvis.
Hanks became the second actor in film history in 1993 and 1994 winning back-to-back Academy Awards for Best Actor. He won for Philadelphia in 1993, in which he acted as an HIV-positive attorney. He won for Forrest Gump in 1994, in which he appeared in the title role.
In 1996, Hanks directed and wrote “That Thing You Do!”, he kicked off his career behind the camera as both a director and a producer. He has since produced and/or directed many more movies, including The Polar Express and Cast Away.
Salary Highlights
Tom made around $300 million in movie salaries alone between 1988 and 2010. That’s similar to $450 million after adjusting for inflation. He then made at least $100 million in the next 10 years.
Tom has taken a minimum of $400 million in movie salaries as a whole during his career without adjusting for inflation. That doesn’t count directing and producing payments or residuals.
One of Tom Hanks’ first big paychecks came with the movie “Splash” in 1984 for which he grabbed a staggering $70,000. That’s similar to around $172,000 after adjusting for inflation.
In 1988, just after 4 years, Tom grabbed $1.75 million to star in “Big”. That’s similar to around $4 million today.
And in 1998, he also earned $5 million for “Punchline”. That’s similar to $11 million today. Tom’s salary stayed in the stratosphere from the late 80s onward.
Tom took $40 million for “Saving Private Ryan”. He earned $20 million for each of the movies “You’ve Got Mail”, “The Green Mile”, and “Cast Away”.
It has been reported that Hanks grabbed $8 million for the role of Elvis’ manager, Colonel Tom Parker, in 2022’s “Elvis”.
Da Vinci Code Salaries
Tom took a whopping $18 million to star in 2006’s movie “The Da Vinci Code”. Then he also earned $25 million to star in 2009 sequel, “Angel’s & Demons”, and $25 million to star in the 2016 final in the trilogy named “Inferno”.
Tom Hanks earned $68 million as a whole for his work as Robert Langdon.
Forrest Gump Payday
Tom was supposed to take $7 million originally to star in “Forrest Gump” in 1993. During production at some point, the movie had gone notably over budget. Tom decided not to take his salary in return for “first dollar” backend points instead of seeing the movie derailed.
As a result, he got a share of the box office receipts owed to Paramount after the owners of the theatre took their cut, before the studio started counting expenses like printing costs and marketing.
As we all know, Forrest Gump went on to be a huge box office hit, earning a staggering $700 million at the box office and also $100-200 million over time from VHS, DVD sales and licensing deals.
Tom made out a huge amount as a result of his first dollar deal. In his first year alone, his backend points translated to nearly $70 million, which is similar to around $120 million today.
It is so far his biggest paycheck for acting and one of the largest paychecks for acting in Hollywood history.
Real Estate
Tom and Rita purchased a large oceanfront mansion in the uber-exclusive Malibu Colony on April 1991 for $2.95 million. The seller of the property was director John Frankenheimer.
Today this house is worth likely $20 million, if not more. Tom and Rita spent a whopping $26 million in January 2010 to acquire their primary residence in the Pacific Palisades area of Los Angeles.
Tom and Rita sold their two side by side homes in the Palisades on May 2017 for $18 million. The buyer proceeded to demolish the two homes in order to make a very large single mansion. Tom and Rita own at least five more homes in the Pacific Palisades.
Tom and Rita own a ski house in Sun Valley, Idaho if we talk about outside of Los Angeles.
In total, The Tom and Rita portfolio for real estate assets is worth at least $150 million.
Personal Life
As we’ve discussed Tom Hanks net worth. Now, let’s discuss about his personal life as well so that we can know him more.
Tom Hanks and Samantha Lewes married from 1978 to 1987. Then in 1988, he married actress Rita Wilson. He has four children, including rapper Chet Haze and actor Colin Hanks.
In October 2013, Hanks revealed that he has Type 2 diabetes.
Tom Hanks published a collection of short stories titled “Uncommon Type” in 2017. And his debut novel, “The Making of Another Major Motion Picture Masterpiece” was released recently in May 2023.
His Quotes
His two quotes are famous.
“There isn’t any great mystery about me. What I do is glamorous and has an awful lot of white-hot attention placed on it. But the actual work requires the same discipline and passion as any job you love doing, be it as a very good pipe fitter or a highly creative artist.”
“If it wasn’t hard, everyone would do it. It’s the hard that makes it great.”
