Morgan Freeman Net Worth

July 2024 · 4 minute read
CategoryRichest Celebrities › Actors
Net Worth$250 Million
BirthdateJune 1, 1937 (86 years old)
BirthplaceMemphis
GenderMale
Height6 ft 2 in (1.88 m)
ProfessionActor, Film Producer, Television producer, Voice Actor, Presenter, Film director, Businessperson
NationalityUnited States of America

Table of Contents

What is Morgan Freeman’s Net Worth?

Morgan Freeman, an American actor, film director, and narrator, has a net worth of $250 million. Throughout his career spanning over 20 years, he has become one of the most famous and sought-after actors in the world. However, his net worth would have been even higher if it weren’t for the $100-$200 million divorce settlement he had to pay to his ex-wife in 2010.

Highlights

– Morgan Freeman’s net worth is estimated to be $250 million.

– He is known for his iconic roles in movies like “The Shawshank Redemption” and “Million Dollar Baby”.

– Freeman won the Best Supporting Actor Oscar for his work in “Million Dollar Baby” in 2005.

– He is also recognized for his distinctive, booming voice and has done extensive voice-over work in films and documentaries.

Early Life

Morgan Freeman was born on June 1, 1937, in Memphis, Tennessee. He is the son of Mayme Edna and Morgan Porterfield Freeman and is the youngest of five children. After his birth, his parents moved to Chicago to find work, and Freeman stayed with his maternal grandmother in Charleston, Mississippi. He later moved to Chicago to be with his mother after his grandmother’s passing and eventually returned to Tennessee.

Freeman developed an interest in acting at a young age and played the lead role in a school play when he was just nine years old. He graduated from Broad Street High School in 1955 and joined the United States Air Force. After his military service, he moved to Los Angeles and began taking acting lessons at the Pasadena Playhouse.

To support himself, Freeman worked as a transcript clerk at Los Angeles City College while pursuing acting opportunities in New York City and San Francisco as a dancer and member of a music theater group.

Career

In the mid-1960s, Freeman appeared in off-Broadway productions and an all-African-American Broadway production. He made his film debut in 1971 with “Who Says I Can’t Ride a Rainbow!” and gained recognition through his work on the soap opera “Another World” and the PBS kids’ show “The Electric Company”.

Throughout the 1980s and 1990s, Freeman’s career soared as he took on prominent roles in big-budget films like “Street Smart”, “The Shawshank Redemption”, “Seven”, and “Deep Impact”. He received an Oscar nomination for Best Supporting Actor for his role in “Street Smart”.

In 2005, Freeman won the Best Supporting Actor Oscar for his work in “Million Dollar Baby”. He also appeared in blockbuster films like “Bruce Almighty” and the Dark Knight Trilogy.

Freeman has continued to work in both film and stage productions, earning critical acclaim and multiple awards. His recent projects include “The Poison Rose”, “Angel Has Fallen”, “The Comeback Trail”, and “Coming 2 America”.

Personal Life

Freeman was married to Jeanette Adair Bradshaw from 1967 to 1979 and Myrna Colley-Lee from 1984 to 2010. He has four children and tragically lost his stepdaughter in 2015.

In 2008, Freeman was involved in a near-fatal car accident that left him with injuries. He has been active in relief efforts for Hurricane Katrina victims and converted his farm in Mississippi into a bee sanctuary.

In 2018, Freeman faced allegations of sexual harassment, and an investigation revealed multiple accusers and witnesses. He issued an apology, and there were discussions about revoking his lifetime achievement award, but it was ultimately retained.

Net Worth Over Time

Morgan Freeman’s net worth has fluctuated over the years due to various factors, including his divorce settlement. While his net worth currently stands at $250 million, it could have been higher without the substantial settlement.

Components of Net Worth

Morgan Freeman’s net worth primarily comes from his successful career in the entertainment industry. As an actor, film director, and producer, he has earned significant income from his roles in movies and television. Freeman’s distinctive voice has also led to numerous voice-over opportunities in films, documentaries, and commercials.

Additionally, Freeman has made investments in real estate and other business ventures, contributing to his overall net worth. Despite the financial setback from his divorce settlement, his continued success and diverse range of professional endeavors have helped him maintain a substantial net worth.

All net worths are calculated using data drawn from public sources. While we work diligently to ensure accuracy, our numbers are estimates. Corrections and feedback are always welcome.

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