Tom Hanks’ Net Worth (Updated 2023) | Inspirationfeed (2024)

Last Updated on March 3, 2024

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Who Is Tom Hanks?

Thomas Jeffrey Hanks, popularly known as Tom Hanks, is an American actor and filmmaker who’s known for his stellar performance, both on comedic and dramatic films.

Hanks is one of the most accomplished actors, with numerous commercially successful movies to his name. His films have grossed an estimated $5 billion in North America alone, and up to $10 billion worldwide. Presently, Tom Hanks is North America’s fifth-richest grossing actor.

Quick Facts

Full Name:Thomas Jeffrey Hanks
Popular Name:Tom Hanks
Gender:Male
Birth Date:July 9, 1956
Age:66 years
Parents: Amos Mefford Hanks and Janet Marylyn
Siblings:Sandra Hanks Benoiton, Larry Hanks, and Jim Hanks
Birth Place:Concord, California
Nationality:American
Ethnicity:English and Portuguese, Christian
Education:Skyline High School in Oakland, California, Chabot College in Hayward, California, and California State University, Sacramento
Marital Status:Married
Sexual Orientation:Straight
Wife/Spouse:Married to Rita Wilson, divorced first wife, Samantha Lewes
Children:Colin Hanks, Chet Hanks, Truman Hanks, and Elizabeth Hanks
Dating:N/A
Net Worth:450 million
Source of Wealth:Professional acting, Film production and directing, Television production and directing, and Personal investments
Height:6′ 0 (1.83 m)
Weight:176 lb(80 kg)

Early Life and Career Information
Tom Hanks’ Net Worth (Updated 2023) | Inspirationfeed (1)

Tom Hanks was born on July 9, 1956 in Concord, California. His father, Amos Mefford Hanks, was an itinerant cook while his mother, Janet Marylyn, was a hospital worker. In 1960, his parents divorced and Tom moved with his father.

Hanks studied theatre at the California-based Chabot College before transferring to California State University, Sacramento. He began his acting career in 1978 by starring in The Two Gentlemen of Verona.

Tom debut film was a great success, winning him the Best Actor award. Tom’s next big hit was the 1980 movie He Knows You’re Alone. The actor has featured in scores of films since then, most of which have achieved commercial success both at the box office and globally.

Here are some of Tom Hanks’ notable works:

• A Beautiful Day in the Neighborhood (2019)
• A Hologram for the King (2016)
• A League of Their Own (1992)
• Angels & Demons (2009)
• Apollo 13 (1995)
• Bachelor Party (1984)
• Big (1998)
• Bosom Buddies (TV series) (from 1980 to 1982)
• Bridge of Spies (2015)
• Captain Phillips (2013)
• Cars (2006)
• Cast Away (2000)
• Catch Me If You Can (2002)
• Charlie Wilson’s War (2007)
• Cloud Atlas (2012)
• Dragnet (1987)
• Elvis Has Left the Building (2004)
• Every Time We Say Goodbye (1986)
• Extremely (Loud & Incredibly Close 2011)
Forrest Gump (1994)
• He Knows You’re Alone (1980)
• Inferno (2016)
• Ithaca (2015)
• Joe Versus the Volcano (1990)
• Larry Crowne (2011)
• Nothing in Common (1986)
• Philadelphia (1993)
• Punchline (1988)
• Road to Perdition (2001)
• Saving Mr. Banks (2013)
• Saving Private Ryan (1998)
• Sleepless in Seattle (1993)
• Splash (1984)
• Sully (2016)
• That Thing You Do! (1996)
• The Bonfire of the Vanities (1990)
• The ‘Burbs’ (1989)
• The Circle (2017)
• The Da Vinci Code (2006)
• The Great Buck Howard (2008)
• The Green Mile (1999)
• The Ladykillers (2004)
• The Man with One Red Shoe (1985)
• The Money Pit (1986)
• The Polar Express (2005)
• The Post (2017)
• The Simpson’s Movie (2007)
• The Terminal (2004)
• Toy Story (1995)
• Toy Story 2 (1999)
• Toy Story 3 (2010)
• Toy Story 4 (2019)
• Turner & Hooch (1989)
• Volunteer (1985)
• You’ve Got Mail (1998)

Tom Hanks Net Worth

Tom Hanks’ Net Worth (Updated 2023) | Inspirationfeed (3)

Tom Hanks has an estimated net worth of $450 million, as of 2023. He compares side by side with some of the richest celebrities in Hollywood, such as Leonardo DiCaprio and Arnold Schwarzenegger.

In 1984, Tom Hanks earned $70, 000 from the movie Splash. After adjusting for inflation, the salary translates to around $172,000 today. The 1988 movie, Big, was another high-earning film for Tom Hanks.

The actor took home a whopping $1.75 million, which translates to $4 million today after adjusting for inflation. The same year, Tom netted $5 million for Punchline, which works out as $11 million today.

Reports indicate that Tom Hanks earned an estimated $300 million in movie salary between 1988 and 2010, which would translate to $450 million today. The following decade, the actor is believed to have netted another $100 million in movie salary.

One of the reasons behind Tom Hanks’ high net worth is the fact that he has maintained consistency from the 80s. Plus, most of the movies he has featured in became commercially successful.

Tom’s love for his job is another reason his movies registered tremendous success. In 1993, while filming Forrest Gump, the actor’s expected salary was $7 million. However, the movie crossed the budget in the course of its production.

To ensure that things proceed as planned, Tom forfeited his salary in exchange for backend points. And as expected, the movie went on to achieve incredible success, with Tom earning an average of $70 million in backend points the first year. After adjusting for inflation, the figure translates to roughly $120 million today.

The following are some of Tom Hanks’ other biggest-earning movies.

• Saving Private Ryan – $40 million
• You’ve Got Mail – $20 million
• Cast Away – $20 million
• The Green Mile – $20 million
• The Da Vinci Code – $80 million plus another $50 million for the movie’s sequel – Angels & Demons

In addition to acting, Tom Hanks is also a real estate mogul. According to reports, real estate takes up roughly $150 million of his net worth. In 1991, he purchased a house in Malibu Colony at $2.95 million. The property’s current value is estimated to be more than $20 million.

In 2010, the actor purchased his official residence in Pacific Palisades for $26 million. He has since acquired five more lavish homes in the same neighborhood. Tom Hanks also owns properties in Florida and Sun Valley Idaho.

Life Lessons from Tom Hanks
Tom Hanks’ Net Worth (Updated 2023) | Inspirationfeed (4)

1. Persistence is key to success

Tom Hanks is one of the few actors who enjoy a successful career spanning more than three decades. And that takes persistence and resilience. Like most actors, his career has been marked by highs and lows. But Tom has continued doing what he does best, despite the obstacles.

2. Passion for the job overrides everything else

If actors were to be awarded based on their passion for their jobs, Tom Hanks would undeniably be a worthy contender. When financial hitches were threatening to derail the movie Forrest Gump, Hanks didn’t mind giving up his salary to ensure the production process went on as planned.

3. You can make it regardless of your background

Tom Hanks adds to the long list of celebrities who have succeeded despite their childhood challenges. Tom’s parents divorced when he was only four. Then he had to move home every other day. However, these challenges didn’t deter him from pursuing his acting dreams.

Here are some of the best quotes by Tom Hanks

“Everybody has something that chews them up and, for me, that thing was always loneliness. The cinema has the power to make you not feel lonely, even when you are.”

“From now on we live in a world where man has walked on the Moon. It’s not a miracle; we just decided to go.”

“If it wasn’t hard, everyone would do it. It’s the hard that makes it great.”

“It’s just as hard… staying happily married as it is doing movies.”

“Never give up because you never know what the tide will bring in the next day.”

“Some people go to bed at night thinking, ‘That was a good day.’ I am one of those who worries and asks, ‘How did I screw up today?’ “

Conclusion

Thomas Jeffrey Hanks has deservedly earned himself a spot among the most successful actors of all time. And he has a humongous net worth to show for it.

Tom Hanks’ Net Worth (Updated 2023) | Inspirationfeed (5)
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Tom Hanks’ Net Worth (Updated 2023) | Inspirationfeed (2024)

FAQs

Has any actor been a billionaire? ›

The actor who is a billionaire with just one hit

The actor who has the honour of being the richest in the world is Tyler Perry, who has a staggering net worth of $1 billion (Rs 8200 crore) as per Forbes and Business Insider.

What does Tom Hanks do with his money? ›

Philanthropy. Tom Hanks and his wife, actress Rita Wilson, are noted for their philanthropy across a number of charitable fields. He has given time and money to causes that include women's cancer research, AIDS research, assisting neglected and abandoned children, and veterans affairs.

What is Tom Hanks net worth and age? ›

net worth: $450 million. Tom Hanks is a multi-talented American actor, filmmaker, writer, and producer. He is renowned for his exceptional talent and charismatic performances among his generation in the entertainment industry.

Who is the no. 1 richest actor in the world? ›

List of Top 10 Richest Actors in the World:-
S. No.NameNet Worth (in U.S. Dollar)
1Brock Pierce$ 2 Billion
2Tyler Perry$1 Billion
3Jerry Seinfeld$950 Million
4Dwayne Johnson$800 Million
6 more rows
Apr 23, 2024

Is Robert Downey Jr. a billionaire? ›

Robert Downey Jr.'s estimated net worth is $300 million as of 2024.

Who is the wealthiest celebrity? ›

NET WORTHS ARE AS OF MARCH 8, 2024.
  • Tyler Perry. ...
  • Peter Jackson. ...
  • Kim Kardashian. ...
  • Jay-Z. ...
  • Oprah Winfrey. ...
  • Michael Jordan. Net Worth: $3.2 Billion | Age: 61 | Citizenship: U.S. ...
  • Steven Spielberg. Net Worth: $4.8 Billion | Age: 77 | Citizenship: U.S. ...
  • George Lucas. Net Worth: $5.5 Billion | Age: 79 | Citizenship: U.S.
Apr 2, 2024

What does Tom Hanks suffer with? ›

Tom Hanks. The Oscar-winning actor announced he has type 2 diabetes when late-night host David Letterman commented on his newly slim figure in October 2013. "I went to the doctor and he said, 'You know those high blood sugar numbers you've been dealing with since you were 36? Well, you've graduated.

What religion is Tom Hanks? ›

Although Hanks's family religious history was Catholic and Mormon, as an adult he converted to Greek Orthodox Christianity.

What does Tom Hanks' daughter do? ›

Elizabeth appeared as an extra in movies with her dad as a child. She later began a career as a writer after graduating from Vassar College, using the moniker E.A. Hanks. Her writing has been featured in publications such as the Guardian, New York Times and Times Magazine.

What is Tom Cruise's net worth? ›

Tom Cruise has an estimated net worth of $600 million as of 2023, according to Celebrity Net Worth. Cruise's Mission: Impossible — Dead Reckoning Part One hit theaters on July 12, and earned close to $16 million at the box office on opening day.

What is Julia Roberts' net worth? ›

She received a then-unprecedented fees of $20 million and $25 million for her roles in Erin Brockovich (2000) and Mona Lisa Smile (2003), respectively. As of 2020, Roberts' net worth was estimated to be $250 million.

Who is Tom Hanks' first wife? ›

'” The divorce was between Hanks and his first wife, Samantha Lewes. The two first married in 1978, but split by 1987.

How much is George Clooney worth in 2024? ›

George Clooney is not only one of Hollywood's most charismatic and enduring actors but also a successful director, producer, and entrepreneur. As of 2024, his net worth is estimated at an impressive $500 million, making him a centimillionaire and halfway to a billionaire.

How much is Taylor Swift worth? ›

She also owns numerous pricey properties across the U.S. Both Bloomberg and Forbes pin her net worth at an estimated $1.1 billion on the low end, based on analyses of her fortune. Swift first achieved billionaire status in October when she released a re-recording of her nine-year-old album "1989," Bloomberg reported.

How much is Will Smith worth in 2024? ›

Will Smith's net worth. According to Forbes, the actor's net worth is estimated to be around 350 million dollars.

How many actors have become billionaires? ›

For celebrities like Taylor Swift, Rihanna, Tiger Woods, and Steven Spielberg, fame is bringing fortune. They're among 14 performers, athletes, and entertainment moguls―along with Oprah Winfrey, Tyler Perry, and Michael Jordan― on the 2024 Forbes World's Billionaires List, which the media company released this week.

How many Hollywood actors are billionaires? ›

In 2022, they calculated 2,668 billionaires — and only eight of them are Tinseltown alum.

Are there any Hollywood billionaires? ›

With a net worth of $5.5 billion, Lucas's cultural impact goes beyond the silver screen, shaping generations of fans and inspiring countless storytellers around the globe. Hot on his heels is Steven Spielberg, the maestro of cinema, whose $4.8 billion fortune shows his unparalleled contributions to the film industry.

Is Selena Gomez a billionaire? ›

Is Selena Gomez a billionaire? Not yet, but she's certainly on her way. With her estimated net worth of $800 million in 2024, largely fueled by the success of her makeup brand Rare Beauty, Gomez is inching closer to billionaire status.

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