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Tom Cruise Net Worth And How He Made His Fortune

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Tom Cruise will never need to ask anyone to show him the money again as one of the highest paid actors in the film industry, with a library of critically acclaimed performances and memorable characters attributed to his own talent.

Tom Cruise Net Worth

Despite many contentious remarks, lawsuits and commitment to one of the most controversial religious movements of our time, Ethan Hunt, Jerry Maguire and Maverick are just a few of the reasons Tom Cruise is one of the most rich and famous film stars in the world with a net worth of $580 million dollars. His films have grossed over $4 billion in America and $10.1 billion worldwide, making him one of the highest-grossing box office stars of all time.

Early Life

Tom Cruise was born in New York in 1962 and is an American actor and producer. The outspoken advocate of Scientology had the aspiration to become a Catholic priest and entered a seminary with he was 14-years-old. It was a short-lived dream, as Cruise moved to New York City at age 18 to pursue an acting career.

Acting Career

He received his big break in 1983 when he landed the leading role Risky Business, which marked the beginning of the sock sliding, sunglass wearing and pant-less costume we still see today at fancy dress parties. Cruise earned just $75,000 for his role as a high school senior. In 1986, Cruise landed another lead as the reckless, yet lovable Maverick in Top Gun, a film which grossed $356 million against a production budget of $15 million.

This was only the beginning for the actor who maintained his streak, starring in critically acclaimed films The Color of Money, Rain Man and Born on the Fourth of July. His other successful films include A Few Good Men, The Firm, Interview with the Vampire and Jerry Maguire.

Cruise’s most notable film role has been heroic agent Ethan Hunt in the Mission Impossible film series with six installments to date. He has made at least $285 million for starring in the franchise. and given everything he has to the films. Cruise put his own life in danger by insisting on performing his own stunts throughout, which saw him break his ankle during the sixth film.

The first movie earned over $457 million dollars in the box office, the second gathered over $546 million dollars, though the third dropped significantly, only making over $398 million dollars. However, the fourth and fifth resurged in the box office, the fourth earning well over $694 million dollars and the fifth making over $682 million dollars. The most recent movie in the series, which was released in 2018, was the peak of profit and grossed over $791 million dollars in box offices.

Mission: Impossible 7 and Mission: Impossible 8 are scheduled for release in July 2021 and August 2022 and Tom will be 60 years old when they are both in theaters.

Further to acting and adding to his wealth, Tom has produced many of his own films. In 1993 he and Paula Wagner co-founded Cruise/Wagner Productions and to date, their films have produced $3 billion worldwide.

Cruise’s accolades have added to his earnings, winning three Golden Globe Awards and receiving three nominations for Academy Awards. The immense profit of Mission Impossible as well as every other role he has had inclusive of acting and production, have allowed him to become incredibly wealthy with an average annual income of $60 million – and no signs of slowing down.

Danni Shafik is a viral content writer for Execute Digital. She began her career as a journalist with a quick transition into writing as she has always told compelling stories throughout childhood and beyond. Danni loves creating viral content with varying topics, angles and audiences and endless opportunities to think outside the box for maximum engagement. Outside of writing, Danni enjoys reading, the beach, live music and exploring the great outdoors.

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