The Net Worth Of The Richest Celebrity

What Is Tom Cruise Net Worth In 2020?

Tom Cruise Net Worth

Net Worth: $570 Million
Salary: $50 Million Per Year
Date of Birth: Jul 3, 1962 (58 years old)
Gender: Male
Height: 5 ft 6 in (1.7 m)
Profession: Actor, Film Producer, Screenwriter, Television Director
Nationality: United States of America
Last Updated: 2020

Tom Cruise’s net worth 2020

Hollywood sensation Tom Cruise has a slew of commendable movies under his belt. Interestingly, most of Tom Cruise’s movies have been reported to have a 100% success rate at the box office charts. Several reports state that Tom Cruise’s net worth in 2020 is estimated to be somewhere around Rs 4370.19 crore ($570 million) The Mission: Impossible – Fallout actor is reportedly the second richest actor worldwide. Tom Cruise’s net worth is apprehensive of his endless brand endorsements too.

In a career spanning of more than 40 years, The Mummy actor has steered clear of action, romance, comedy and thriller, that paved his way into being the master of all genres. Tom Cruise’s phenomenal choices of movies have reportedly bagged him more than 60 laurels in his career. Some reports say that Cruise’s romantic movies like Endless Love, Cocktail, Far And Away, Jerry Maguire, amongst others are touted to be super successful at the Box Office.

Massive Earner

Tom Cruise is also a proficient producer and the Mission Impossible series of movies produced his own company have been highly successful at the box office. He earned $100 million each from the movies Mission: Impossible II (2000) and War of the Worlds (2005). Cruise pocketed a cool $70 million from the movie Mission: Impossible (1996). He is reported to have made a total of $290 million from the four Mission: Impossible franchise movies.

The huge amounts earned were made possible because of the actor signing “profit participation” deals for the movies. In fact, Cruise insists on getting a good percentage of a movie’s gross profits before agreeing to act in it. It is estimated that Cruise earns an average of $60 million per film.

Tom Cruise’s Movie Rates

  • Vanilla Sky (2001) – $20 million + 30% shared income
  • Knight and Day (2010) – $11 million + %
  • Jack Reacher (2012) – $7.5 million
  • Oblivion (2013) – $20 million

Tom Cruise’s Notable Investments

  • A $35 million mansion in Beverly Hills
  • A $30 million estate in Telluride, Colorado
  • A condo apartment in New York City that is estimated to be worth $3 million
  • Cruise spends $2 million per year for the security of his daughter Suri and ex-wife Katie Holmes.
  • He pays $200,000 per year in Child Support for Suri after he separated with Katie.
  • Cruise owns a Bughatti Veyron considered the world’s fastest car, and a Porsche 911 estimated to be worth $200,000.
  • He also owns two private jets.

Tom Cruise Net Worth, Salary and Career Earnings

Tom Cruise is an American actor and producer who has a net worth of $570 million. Over the last three decades, Tom Cruise has starred in dozens of major blockbuster movies and today is generally considered one of the biggest stars in Hollywood. Tom Cruise spent his early years moving around the country, with a brief stint in Canada.

His first taste of acting came in high school when, after a knee injury forced him off the wrestling team, Cruise joined the drama club and quickly won the lead role in their production of Guys and Dolls.

After high school, Cruise moved to Los Angeles to pursue a career in acting. It didn’t take long for him to land a handful of minor and supporting roles. Cruise had his big break with 1983’s Risky Business. The movie secured Cruise as an up and coming star and earned him his first Golden Globe nomination.

His next big hits were the 1986 film Top Gun, which grossed $356 million worldwide and 1989’s Rain Man, which won four Academy Awards. Cruise’s first Oscar nomination came a year later with Born on the Fourth of July, followed by a Golden Globe nomination for A Few Good Men. Cruise simultaneously starred in and produced the blockbuster hit Mission: Impossible, which grossed worldwide at $457 million and produced two more successful sequels.

Other films produced by Cruise include The Last Samurai, The Others, and Shattered Glass. Cruise’s second and third Academy Award nominations came with the critically and commercially successful films Jerry Maguire and Magnolia, for which he did earn a Golden Globe Award. To date, over twenty of Cruise’s films have grossed well over $100 million worldwide. Tom has been married several times, to actresses Mimi Rogers, Nicole Kidman and most recently Katie Holmes.

Introduction

Thomas “Tom” Cruise Mapother IV is an actor and producer from Syracuse. Cruise started his career as a successful actor at 19 when he starred in ‘Endless Love’ (1981) and ‘Top Gun’ (1986).

He has collaborated with some of the finest actors in the world including Nicole Kidman, Jon Voight, and Jack Nicholson.

As of 2020, Tom Cruise’s net worth is estimated to be roughly $570 million dollars. Cruise is throughout the 20’s decade one of the highest paid actors.

Tom Cruise Early Life

Thomas “Tom” Cruise Mapother IV was born in Syracuse, New York on the 3rd of July, 1962. Cruise is the son of Thomas Cruise Mapother III and Mary Lee.

He is of German, Irish and English ancestry and spent most of his childhood in Canada.

Cruise later attended Franciscan Seminary and in Ohio, and his parents divorced during the same time. In his senior years, he played football. Cruise had his debut appearance in 1981 when he starred in the film ‘Endless Love’.

Katie Holmes Divorce Settlement

Tom and Katie were married from 2006 to 2012. Their union produced one daughter, Suri. Tom went into the marriage with a net worth of $250 million, Katie’s net worth was less than $10 million. With much more to protect, Tom insisted on having a rock solid prenuptial agreement. The terms of their divorce require Tom to pay Katie $400,000 per year in child support for 12 years (until the year 2024). That’s $33,000 per month, a total of $4.8 million when it’s all said and done. Tom also must pay for Suri’s medical expenses, education, insurance and any extra curricular activities. Katie has full-custody of Suri and has chosen to not raise their daughter with Scientology. Katie did NOT receive any form of spousal support or lump sum cash payment. It has been reported that Katie opted not to seek a dime in spousal support in order to receive full custody and control of Suri’s upbringing.

Tom Cruise Salary and Earnings Milestones

Tom earned $75,000 for Risky Business. For 1985’s Legend, his pay was bumped to $500,000. A year later Tom earned $2 million to star in Top Gun. From that point on his career earnings skyrocketed. He earned $3 million for Cocktail, $9 million for Days of Thunder, $13 million for Far and Away, $12 million for A Few Good Men and The Firm. He earned $15 million for Interview with the Vampire.

Thanks to his producer credit, Tom earned a full $70 million for all his credits on the first Mission Impossible. He earned $75 million for Mission Impossible 3.

Tom’s two highest-paid movies to date are 2000’s Mission Impossible 2 and 2005’s War of the Worlds. He earned $100 million from EACH movie thank to lucrative backend points. When you look at a list of the 10 largest acting paychecks of all time (for a single movie), Tom Cruise ranks three times. His previously mentioned $100 million paydays are the third and fourth largest paydays behind Bruce Willis’ $105 million Sixth Sense payday and Keanu Reeves’ $156 million Matrix payday.

Between 1983 and 2011 Tom earned $445 million in movie salaries. Between 2011 and 2019, he likely earned at least another $300 million, bringing his total career earnings (salary and bonuses) between 1983 and 2019, to $745 million.

Tom Cruise Net Worth from Real Estate

In 2013 he sold a 10th floor condo in New York City’s East Village for $3 million. In September 2015 he sold a multi-residence property in the Hollywood Hills for $11.4 million. The buyer was Eva Longoria. In May 2016, Tom sold his longtime Beverly Hills estate to billionaire financier Leon Black for $40 million. He purchased the house for $30.5 million in 2006 when he was still married to Katie Holmes. In the mid 1990s when he was married to Nicole Kidman, Tom built a large mansion in Telluride, Colorado. His Telluride property covers 300 acres. The main home is 10,000 square feet with seven bedrooms, nine bathrooms, horse stables and a private helipad. He spent years lobbying the local airport to expand its runway so larger private jets could arrive. His runway wish was granted in 2010. In 2016 he listed this home for $59 million but ultimately did not find a buyer. He listed the home again in 2018 and again did not find a buyer. Also in 2018 he spent $11.8 million buying multiple units in a condo complex in Clearwater, Florida, near the world headquarters of the Church of Scientology.

Cruise/Wagner Productions

A major reason Tom has become an extraordinarily wealthy actor, as opposed to a merely very rich actor, is that he has produced many of his own films. In 1993 he and Paula Wagner co-founded Cruise/Wagner Productions. To date their films have produced $3 billion worldwide. For many years their company had an exclusive deal with Paramount. That deal dissolved in 2006 after Tom’s controversial statements about psychiatry and anti-depressants went viral and ruffled feathers around the industry. Funding ever since has been provided by hedge funds and Washington Redskins founder Dan Snyder. In 2006 Paula and Tom were recruited by United Artists to revive the struggling studio. Though Paula left UA in 2008, today she and Tom still own 30% of the studio.

How Does Tom Cruise Spend His Money?

Tom Cruise spends a lot of money on his investments and he has an incredible portfolio. He spends part of his money on things like taking classes to become a licensed pilot.

Cruise and Katie Holmes bought their home in Beverly Hills in 2007. The couple paid $30,500,000 for the property.

He has a high-profile lifestyle. Cruise has a G450 private jet that costs whopping $38,000,000. He has one of the best security guards, which he pays $50,000 per week to protect his daughter Suri from paparazzi.

Cruise is also one of the most famous faces of Scientology in the world, in 2005 he was one of the most generous donors to one organization. He gave away $2,5 million.

How Does Tom Cruise Spend His Money?

Tom Cruise spends a lot of money on his investments and he has an incredible portfolio. He spends part of his money on things like taking classes to become a licensed pilot.

Cruise and Katie Holmes bought their home in Beverly Hills in 2007. The couple paid $30,500,000 for the property.

He has a high-profile lifestyle. Cruise has a G450 private jet that costs whopping $38,000,000. He has one of the best security guards, which he pays $50,000 per week to protect his daughter Suri from paparazzi.

Cruise is also one of the most famous faces of Scientology in the world, in 2005 he was one of the most generous donors to one organization. He gave away $2,5 million.

Tom Cruise Net Worth and Highlights

As of today, Tom Cruise net worth is estimated to be roughly $570 Million dollars, making him one of the top 20 richest actors in the world alive.

These are some of his best highlights ever:

  • Best Actor – Motion Picture Drama in “Born on the Fourth of July” at the Golden Globe Awards 1990.
  • Favourite Motion Picture Actor at the People’s Choice Awards 1990.
  • Hasty Pudding Man of the Year at the Hasty Pudding Theatricals Awards 1994.
  • Favourite Dramatic Motion Picture Actor at the People’s Choice Awards 1994.
  • Worst Screen Couple in “Interview with the Vampire” at the Golden Raspberry Awards 1995
  • Best Actor – Motion Picture Musical or Comedy in “Jerry Maguire” at the Golden Globe Awards 1997.
  • Most Promising Producer in Theatrical Motion Pictures in “Mission: Impossible” at the Producers Guild of America Awards 1997.
  • Best Male Performance in “Jerry Maguire” at the MTV Movie Awards 1997.
  • Best Supporting Actor – Motion Picture in “Magnolia” at the Golden Globe Awards 2000.
  • Best Male Performance in “Mission: Impossible 2 at the MTV Movie Awards 2001.
  • Wannabe Award at the Nickelodeon Kid’s Choice Awards 2001.
  • Best Actor in “Minority Report” at the Empire Awards 2003.
  • Biggest Friggin Star to Ever Appear on TRL Award at the MTV TRL Awards 2003.
  • Funniest American in Japan (Gringo/a más Gracioso en Japon) in “The Last Samurai” at the MTV Movie Awards – Mexico 2004.
  • “Excellence in Film” won the Stanley Kubrick Britannia Award 2005.
  • Distinguished Achievement in Performing Arts at the Critics’ Choice Movie Awards 2005.
  • Special David at the David di Donatello Awards 2005.
  • Generation Award at the MTV Movie Awards 2005
  • Most Tiresome Tabloid Targets at the Golden Raspberry Awards 2006.
  • Legend Award at the Empire Awards 2014.
  • Worst Actor in the “The Mummy” at the Golden Raspberry Awards 2018.

Tom Cruise net worth is reportedly one of the highest-grossing net worth in Hollywood. In fact, David Beckham once said that Tom cruise ia lot more famous.

Favorite Quotes from Tom Cruise

“I’ve gotten very good at scheduling my life, scheduling the scene and preparing myself for knowing, saving the energy, consuming the energy, knowing when to go for it and having the available reserves to be able to do that. You have to think about that because it’s endurance.” – Tom Cruise

“When I was about 7 years old, I had been labeled dyslexic. I’d try to concentrate on what I was reading, then I’d get to the end of the page and have very little memory of anything I’d read. I would go blank, feel anxious, nervous, bored, frustrated, dumb. I would get angry. My legs would actually hurt when I was studying. My head ached. All through school and well into my career, I felt like I had a secret. When I’d go to a new school, I wouldn’t want the other kids to know about my learning disability, but then I’d be sent off to remedial reading.” – Tom Cruise 

“I look at the Samurai because they were the artists of their time. What I think struck me when I read Bushido is compassion. ‘If there’s no one there to help, go out and find someone to help.’ That hit me because I try to lead my life like that.” – Tom Cruise 

“I’ve gotten very good at scheduling my life, scheduling the scene and preparing myself for knowing, saving the energy, consuming the energy, knowing when to go for it and having the available reserves to be able to do that. You have to think about that because it’s endurance.” – Tom Cruise 

“I just want to help people. I’m a helper. For instance, I myself have helped hundreds of people get off drugs. In Scientology, we have the only successful drug rehabilitation program in the world. It’s called Narconon.” – Tom Cruise 

Life Lessons From Cruise

  • Don’t Get too Exposed

You don’t have to publicize everything you do. Give people the opportunity to be expectant of your next step, that is, keep yourself a mystery.

Don’t let anyone get in and out of your life at their own will. You are the ruler of your life.

  • Dream Big and Focus on Achieving them

Learning from Tom Cruise’s life, it has not always been a smooth journey. He knew his goals and then focused on achieving them.

Although it is difficult to stay focus when distractions are everywhere, his consistency and focus has kept his career afloat over the past decade. This is one good lesson on how to weather the storms.

  • Never Give Up

One of the key lessons that can be learnt from Tom Cruise is his level of commitment and consistency.

Tom Cruise career went down the hill in 2005 due to negative publicity. However, he did not stop working but forged ahead and he was able to stand tall again.

It doesn’t matter the number of times you fall; what matters is you standing up after every fall.

There’s more, here are ten great life lessons from Tom Cruise, from his life and acting career.

3 Success Lessons from Tom Cruise

Now you know all about Tom Cruise’s net worth, and how he achieved success; let’s take a look at some of the lessons we can learn from him:

1. Don’t waste time

Life is short and precious. Now we must pose the question: What do we all do in our free time? Don’t waste time on what’s not important. Don’t get sucked into problems and drama. There’s always someone who takes a dislike at you, you can’t’ waste time worrying about it. 

2. Love your body

Treat your body like a temple. Lighten up yourself, no one is perfect. Your body is your home, treat it with love and respect. 

3. Keep yourself a mystery

Not everything you do have to be shared with the world. There will always be a different with oversharing and having an opinion, one is far more annoying than the other. Don’t let anyone in, and expose too much.

Summary of Tom Cruise Net Worth

Tom Cruise is one of the greatest, finest, and most famous Hollywood actors whose movies are widely watched across the globe.

As of today, he’s estimated to worth $570 Million dollars, and it is arguable that he will remain one of the highest in the world.