Tom Cruise Net Worth

Last Modified Nov 15, 2023 08:06 GMT
Source: Official Facebook Page of Tom Cruise

The net worth of Tom Cruise is estimated to be $600 million as of 2023.


Thomas Cruise Mapother IV, known professionally as Tom Cruise, is an acclaimed American actor who has amassed numerous accolades and a massive box office record. He is well-known for his roles in iconic films that have collectively grossed over $11.5 billion worldwide.


The early 1980s saw Cruise's career take-off with standout performances in “Risky Business” and “Top Gun”. He has received critical acclaim for his dramatic roles in films such as “Rain Man” and “Born on the Fourth of July,” earning awards and nominations.


His status as a Hollywood star was further solidified by successful films like “A Few Good Men,” “Jerry Maguire,” and “Magnolia” during the 1990s. Recent years have seen Cruise become synonymous with action and science fiction, especially through his role as Ethan Hunt in the 'Mission: Impossible' series. His commitment to pulling off his own stunts has become a signature trait.


Cruise's influence extends beyond the screen, as he has been named People's Sexiest Man Alive and has advocated for the Church of Scientology. His career is distinguished by excellence, and his impact on the entertainment industry is undeniable.


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Cruise was faced with a challenging upbringing, marked by frequent relocations, a turbulent family environment, and childhood dyslexia. After his parents got divorced, he stayed with his mom, who worked hard and got married again. He found inspiration in her strength. While initially considering the priesthood, a pivotal high school role in “Guys and Dolls” sparked his passion for acting.


Cruise attributes his rise to stardom to his intelligence and self-esteem, but he's also wary of the pitfalls that come successfully, having observed the industry's changes upon achieving fame. With his astute business sense and steady dedication, he has become one of Hollywood's wealthiest actors.


Personal Information


Real NameThomas Cruise Mapother IV
AliasTom Cruise
Net worth$600 million
DOB (Age)Jul 3, 1962 (61 years old)
Height5 feet 7 inches
NationalityAmerican
Partner/SpouseUnknown
ProfessionActor, Producer


Social Media Stats


PlatformSubscribers/Followers
X 7 million
Facebook 27 million
Instagram11.7 million
YouTube 18.6k


Sources Of Income

Acting


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Tom Cruise’s career took off in 1983 with his breakthrough performance in 'Risky Business,' a comedy-drama that grossed $64 million against a $6 million budget. The film became a cultural landmark and earned Cruise his first Golden Globe nomination, establishing him as an emerging star. His fame set off in 1986 with 'Top Gun,' a blockbuster that grossed $360 million worldwide, making it the highest-grossing film of the year.


Tom Cruise's salary for his role in 'Top Gun' was $2 million, which, adjusted for inflation, equals around $5.4 million today. Amazingly, the $2 million was only 13% of the $15 million budget for the movie. Producers were initially anxious due to the underperformance of Cruise's film “Legend” while “Top Gun” was in production. The film “Top Gun” was a giant success, becoming the most profitable film of 1986, making $360 million.


The production of a sequel to “Top Gun,” titled “Top Gun: Maverick,” was made possible by David Ellison, the founder of Skydance Media and an ardent admirer of the original film. Tom Cruise, who starred in and produced the sequel, received a base pay of $13 million for his performance.


A unique arrangement allows him to earn 10-20% of the film's first dollar gross receipts, an uncommon arrangement in Hollywood. “Top Gun: Maverick” achieved substantial box office success, and Cruise earned a significant amount of around $200 million, a remarkable increase from his initial “Top Gun” salary.


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Cruise was successful with movies like “The Color of Money” (1986) and “Cocktail” (both 1988) with the latter winning four Academy Awards. In 1989, he won an Oscar for “Born on the Fourth of July.” The 1990s saw him in hits like “Days of Thunder” (1990), “A Few Good Men” (1992), “The Firm” (1993), and “Interview with the Vampire” (1994). His Golden Globe-nominated role in “A Few Good Men” showed how versatile he is.


In 1996, he starred in and made the movie “Mission: Impossible.” It made $457 million worldwide and had many successful sequels. He also did well in the movie “Jerry Maguire.” His notable projects over the next decade include “Eyes Wide Shut,” “Minority Report,” “War of the Worlds,” and the “Mission: Impossible” franchise. Cruise’s films have consistently performed well, with several of them landing among the highest-grossing movies. To date, he has a global box office total of $9.5 billion.


Cruise makes around $50 million per year, and he received a total of $70 million for the first Mission Impossible film, thanks to his producer credit. He made $75 million on Mission Impossible 3. Tom has earned the most money from two films, “War of the Worlds” (2005) and “Mission Impossible 2” (2000). He made $100 million from each film.



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Cruise ranks third on a list of the ten actors with the highest salaries ever (for a single film). After Bruce Willis' $105 million “Sixth Sense” and Keanu Reeves' $156 million “Matrix”, his previously mentioned $100 million paychecks rank third and fourth in terms of amount.


Cruise made $445 million from 1983 to 2011. It's likely that he made another $300 million between 2011 and 2019. This would make his total earnings (pay and bonuses) from 1983 to 2019 at $745 million. This would have been very high after “Top Gun: Maverick.”


Tom Cruise's salary history from 1981 to 1994:

  • He earned $50,000 for Taps (1981)
  • He earned $75,000 for Risky Business (1983)
  • His salary was increased to $500,000 for 1985's Legend.
  • Cruise was paid $2 million to star in Top Gun in 1986.
  • He earned $3 million for Cocktail (1988)
  • $9 million for Days of Thunder (1990)
  • $13 million for Far and Away (1992)
  • $12 million for A Few Good Me (1992)
  • $12 million for The Firm (1993)
  • $15 million for Interview with the Vampire (1994)


This information is based on reports and has been verified by numerous sources. His salary after 1994 is a mix of assumptions and suppositions that cannot be verified.


Producer


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A key factor behind Tom Cruise’s extraordinary wealth is his role as a film producer. In 1993, he co-founded Cruise/Wagner Productions with Paula Wagner, and the films produced under this banner have collectively grossed an impressive $3 billion worldwide. For a significant period of time, their company held an exclusive deal with Paramount.


Following Cruise's controversial remarks about psychiatry and anti-depressants, which garnered widespread attention and stirred controversy in the industry, this partnership dissolved. Their projects have been funded by hedge funds and the backing of Dan Snyder, the founder of the Washington Redskins. In 2006, Paula and Tom were hired by United Artists to help revitalize the studio. Even though Paula left UA in 2008, they still own a 30% stake in the studio.


Endorsements


Like other top actors, Cruise has signed endorsement deals with various brands, contributing to his income. How much he could have earned from this venture is currently unknown.


Royalties


Cruise keeps getting royalties from his past movies, especially those that are still popular and in syndication. How much he could have earned from this venture is currently unknown.


Business Ventures


Cruise has also invested in various business ventures, providing additional sources of income outside his acting career. How much he could have earned from this venture is currently unknown.


Entertainment Projects


Source: Official Facebook Page of Tom Cruise

Cruise has also been involved in various entertainment ventures, including theme park attractions related to his film roles. How much he could have earned from this venture is currently unknown.


Expenses


Source-Facebook


Tom Cruise has owned and currently owns a number of very impressive properties across the USA. For $3 million, Cruise sold a condo on the 10th floor in the East Village of New York City in 2013. He sold a multi-unit building in the Hollywood Hills for $11.4 million in September 2015. Eva Longoria was the purchaser. Cruise sold Leon Black, a billionaire financier, his longtime Beverly Hills estate for $40 million in May 2016.


When he was still married to Katie Holmes in 2006, he paid $30.5 million for the house. He invested $11.8 million in 2018 to purchase numerous condos in a building in Clearwater, Florida, close to the Church of Scientology's global headquarters.



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When he was still married to Nicole Kidman in the middle of the 1990s, Cruise constructed a sizable mansion in Telluride, Colorado (320-acre). The 10,000 square foot main house includes a private helipad, seven bedrooms, nine bathrooms, and horse stables. He lobbied the regional airport for years to lengthen its runway, so bigger private jets could land there.


In 2010, his wish for a runway came true. He put this house up for sale in 2016 for $59 million, but he ultimately failed to find a buyer. In 2018, he relisted the house but was unsuccessful in finding a buyer. In March 2021, he listed the house once more for $39.5 million. In May 2021, Tom finally sold the house for exactly $39.5 million.




FAQs

Q. What is the net worth of Tom Cruise?

The net worth of Tom Cruise is estimated to be $600 million, as of 2023.

Q. What is the annual salary of Tom Cruise?

Tom Cruise has an annual salary of $50 million.

Q. Where does Tom Cruise live?

Tom Cruise is the owner of a mansion in Clearwater, Florida, not far from the Church of Scientology's head office.
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