What is the net worth of Brad Pitt?

Last Modified Feb 13, 2023 05:59 GMT
Source: Screengrab from the movie Ad Astra


Brad Pitt's net worth is estimated to be $300 million as of 2023.


Brad Pitt is a successful actor and producer in the film industry. With a consistent salary of $20 million for major motion picture releases, Pitt is one of the most well-known and wealthy entertainers in the world. Numerous Academy Awards have nominated him. When "12 Years a Slave" won Best Picture in 2014, he was honored with an Academy Award as a producer. For his performance in "Once Upon a Time in Hollywood," he went on to win the Oscar for Best Supporting Actor in 2020.


The fact that Brad is the co-founder of Plan B Entertainment, which has produced a number of significant movies like "The Departed," "Moonlight," and "12 Years a Slave," all of which won the Best Picture Academy Award, may be more significant to his overall net worth. Brad's own films like "Troy," "Moneyball," "The Assassination of Jesse James by the Coward Robert Ford," "Killing Them Softly," "World War Z," "The Big Short," and "Ad Astra" have all been produced by Plan B.


Pitt's performance in the hugely popular 1995 crime drama “Seven,” which brought in $327 million worldwide, received a ton of praise. For his subsequent movie, "12 Monkeys," Pitt was nominated for an Academy Award and received a Golden Globe award.


What is Plan B Entertainment?


In November 2001, Brad Pitt, Jennifer Aniston, super producer Brad Grey, and a number of other executives co-founded Plan B Entertainment. After their divorce, Brad paid an undisclosed sum to buy Jennifer out of the business. It was discovered that Plan B was selling a 60% stake to the French media conglomerate Mediawan in October 2022.


Plan B reportedly sold for $300 million in the transaction, which was funded with a 50/50 mix of cash and Mediawan stock. In other words, Mediawan paid $180 million at the time of the deal, including $90 million in stock and $90 million in cash, to acquire 60% of Plan B.


Source: Screengrab from the movie Once Upon a Time in Hollywood


On a $1 billion overall production budget, Plan B movies have earned $3 billion at the box office as of this writing. "World War Z" is "Plan B's" most profitable film in terms of global box office revenues, with $530 million made in total. "Troy," which made $483 million, is the second-highest grossing film of Plan B.


What is Brad Pitt’s salary?


For his small role in "Thelma & Louise" in 1991, Pitt received a meager $6,000 in compensation. He made $500,000 for "Kalifornia" just two years later. He made a good-enough $4 million for "Se7en" two years after Kalifornia. His first $10 million paycheck for “Sleepers” came the following year. "Seven Years in Tibet" brought in another $10 million for him.


His base film salary rose to $17.5 million by the late 1990s, which he received for the films "Meet Joe Black," "Fight Club," "Spy Game," and "Troy." He made $20 million for "Mr. & Mrs. Smith," and he has made $20 million for the majority of his leading performances in films for which he is not the producer. To appear in the Quentin Tarantino movies "Inglorious Basterds" and "Once Upon a Time in Hollywood," he reduced his pay in half.


When he co-starred in "Ocean's Eleven" in 2001, Brad agreed to a lower base salary of $10 million in exchange for a share of the film's profits. After everything was said and done, he was paid $30 million for the movie. Pitt has made countless additional millions from his work as a movie producer, possibly more than he has from acting.


What real estate does Brad Pitt own?


Brad has a sizable real estate portfolio that includes homes valued at more than $100 million overall and spread out across the globe. Brad's primary residence in LA has been a veritable compound since 1994, which he pieced together over the years through numerous transactions. The property, which is in the Los Feliz neighborhood of Los Angeles, is actually made up of five adjacent parcels totaling under two acres.


The property has four residences, a skateboard park, a swimming pool, and more. The main residence is 6,600 square feet. Brad paid $1.7 million for his initial parcel in the compound in 1994. The seller was Cassandra Peterson, an actress best known for playing "Elvira."


Source: Screengrab from the movie Once Upon a Time in Hollywood


Brad Pitt's residence in Beverly Hills was an 11,000 square foot Wallace Neff-designed mansion while he was married to Jennifer Aniston. One year after getting married, they paid $12.5 million for this house in 2001. They then carried out a thorough renovation that took three years. Brad and Jennifer split up and eventually divorced, and they sold the house for $28 million.


Brad Pitt spent $4 million on a beach house in the California town of Goleta, north of Santa Barbara, in 2000. Pitt spent $3.5 million on a historic mansion in the city's renowned French Quarter in late 2006, around the time he was organizing the construction of 150 affordable homes in New Orleans. Pitt and Jolie put the house up for sale in 2015 for $6.5 million, but they ultimately removed it from the market because no one bought it. He then spent $8.4 million on a mansion on a bluff in Malibu, California, in 2004. For $12 million, he sold this house to Ellen DeGeneres and Portia de Rossi in December 2011. Six months later, Ellen and Portia sold it for $13 million to a different buyer.


This buyer sold the house for $45 million in October 2022 to a married couple of fashion industry professionals with connections to Kim Kardashian. Brad spent $3.7 million on a villa on the Majorcan island of Spain in 2015. Brad spent $40 million on a historically significant home in Carmel Highlands, California, in July 2022.


FAQs

A. The net worth of Brad Pitt is estimated to be $300 million as of 2023.
A. The real name of Brad Pitt is William Bradley Pitt.
A. Brad Pitt was born in Shawnee, Oklahoma, U.S.

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