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Tom Hanks Net Worth: How Tom Became One Of The Highest Paid and Richest Actor of All Time?

American director and actor Thomas Jeffrey Hanks was born in Concord. In films like “Big” (1988), “Apollo 13” (1995), “The Green Mile” (1999), “Cast Away” (2000), and “Catch Me If You Can” (2003), Hanks has shown his range as an actor, playing both funny and dramatic characters (2002). Numerous film projects have had Hanks’ collaboration with Spielberg.

Early Life

Tom Hanks Net Worth

Tom Hanks spent his formative years in a suburb of the Bay Area. Before joining the Great Lakes Theater Festival for a three-year internship, he attended a community college and California State University, Sacramento, to study acting.

After relocating to New York in 1980, he was cast as a co-star in the cross-dressing sitcom Bosom Buddies. The show ran for two seasons. After that, he had a string of supporting roles in movies.

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Tom Hanks Net Worth

Tom Hanks Net Worth

As of September 2022, Tom Hanks has an estimated net worth of $400 Million. Tom Hanks is widely recognized as one of the best performers of all time and is one of the highest-paid celebrities in the world.

It’s estimated that Hanks has earned over $4.6 billion at the American box office during his career. At the time of this writing, his cumulative worldwide box office earnings are close to $9.7 billion. When it comes to reliable earnings at the box office, he is also the biggest name in the business.

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Salary Highlights

Tom Hanks Net Worth

Just from his movie salary, Tom made close to $300 million between 1988 and 2010. In today’s dollars, that’s the same as $450 million. Throughout the next decade, he made an additional $100 million. With inflation taken into account, Tom has earned at least $400 million in his film career. That does not count producing and directing payments or residuals.

Tom made $70,000 in 1984 for the film “Splash,” which was one of his first major acting paydays. That is equivalent to today’s value of almost $172,000 when adjusted for inflation. After those four years, in 1988, Tom made $1.75 million for his role in “Big.” That’s the same as roughly $4 million now.

Aside from “Punchline,” which made him $5 million in 1998, he also had a successful year in other areas. That is equivalent to $11 million in today’s money. Tom’s pay was over the roof starting in the late ’80s and never dropping.

Tom made $40 million for “Saving Private Ryan,” $20 million for “You’ve Got Mail,” and $20 million for “Cast Away” and “The Green Mile.”

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Da Vinci Code Salaries

Tom Hanks Net Worth

Tom’s salary for his role as Leonardo da Vinci in the 2006 film “The Da Vinci Code” was $18 million. He made another $25 million for his role in the 2009 sequel Angels & Demons, and another $25 million for his role in the trilogy’s conclusion, Inferno, released in 2016. Earning a total of $68 million, Tom Hanks was rewarded for his portrayal of Robert Langdon.

Forrest Gump Payday

Tom Hanks Net Worth

As Tom’s co-star in “Forrest Gump,” Harrison Ford had promised him $7 million back in 1993. The budget for the film had ballooned at some point during production. Tom offered to forego his paycheck in return for “first dollar” backend points rather than see the movie wrecked. In that case, he got a part of the money Paramount was owed from ticket sales before the studio deducted overhead costs like advertising and promotion.

It is now common knowledge that Forrest Gump was a massive commercial success, grossing over $700.000.000 at the box office and an additional $100.000.000 over the years thanks to licensing arrangements and home video sales.

When Tom made his first dollar deal, he came out well ahead. His backside points earned him about $70 million in the first year, which is equivalent to almost $120 million now. It was one of the most paid acting roles in Hollywood history, and it remains his largest payout to date.

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Real Estate

Tom Hanks Net Worth

Tom and Rita spent $2.95 million on a sprawling beachside property in Malibu Colony in April 1991. John Frankenheimer, who directed the film, was the seller. It’s safe to assume that $20 million is a conservative estimate for today’s value of this home. Tom and Rita spent over $26 million on a home in the Pacific Palisades neighborhood of Los Angeles in January 2010.

Tom and Rita sold their two Palisades houses in May 2017 for a combined $18 million. The buyer, who is still anonymous, hired a San Francisco lawyer and formed a limited liability company to tear down the two houses and replace them with one enormous mansion. There are at least five other houses in the Pacific Palisades that Tom and Rita own.

Tom and Rita have a ski home in Sun Valley, Idaho, which is a nice getaway from the hustle and bustle of L.A.

The value of Hanks/real Wilson’s estate holdings is estimated to be over $150 million.

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Career

Tom Hanks Net Worth

In 1978, Tom Hanks made his acting debut in “The Two Gentlemen of Verona,” for which he earned an Academy Award for Best Actor. In 1978, he worked for a theatre group throughout the winter months and performed in summer Shakespeare productions. The 1980s “He Knows You’re Alone” marked his first film role.

Hanks’ performance in the TV comedy series “Bosom Buddies” the following year brought him widespread acclaim. His breakout role came in Penny Marshall’s ‘Big’ (1988), in which he played a 13-year-old child who finds himself in the body of a 35-year-old man.

Hanks’ performance earned him an Academy Award and an MTV Movie Award, and he shed 37 pounds for the picture.

Hanks starred as Forrest Gump in the 1994 film, for which he received an Academy Award nomination.

In 1988, he worked with Steven Spielberg for the first time, and his performance in the film “Saving Private Ryan” earned him his fourth nomination for the Academy Award for Best Actor.

When cast in the HBO miniseries Band of Brothers and the film A Tribute to Heroes, Hanks gained even more notoriety.

Years later, in the film Angels and Demons, he reprised his role as the legendary Robert Langdon. In 2012, he oversaw the production of “Game Change,” a film on the 2008 presidential race.

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Personal Life

Tom Hanks Net Worth
Tom Hanks and Rita Wilson.

From 1978 until their divorce in 1987, Tom Hanks was married to actress Samantha Lewes. In 1988, he tied the knot with the actress Rita Wilson. Three of his kids are already famous: rapper Chet Haze, actor Colin Hanks, and singer-songwriter Colin Hanks.

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