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Dustin Hoffman Net Worth 2020


Facts of Dustin Hoffman Networth

Full NameDustin Hoffman
First NameDustin
Last NameHoffman
Birth NameDustin Lee Hoffman
Professionactor and filmmaker
Birth CityLos Angeles
Birth CountryUnited States of America
Father NameHarry Hoffman
Father Professionfurniture salesman
Mother NameLillian Gold
Gender IdentityMale
Sexual OrientationStraight
Marital StatusMarried
SpouseLisa Gottsegen
No Of ChildrenSix
AwardsTwo Academy Awards,Two Emmy Awards
SibilingsOlder Brother
EducationLos Angeles High School and Santa Monica College
Height167 cm
Twitter Profile
Date of BirthAugust 8,1937
Age83 years
Married DateOctober 12,1980

Dustin Hoffman is one of the most iconic figures belongs to the entertainment industry. The actor is short in stature and not typically "handsome," but his significant antiheroes and vulnerable types portrayals propelled him to the stardom.     

Hoffman shot to fame after his Theatre World Award and a Drama Desk Award-winning performance in the play Eh?. He gradually became part of many hard-hitting movies such as The GraduateMidnight Cowboy, Little Big Man, Tootsie, Kramer vs. Kramer, Rain Man, Hook, and Wag the Dog.

The actor and filmmaker Dustin has also adorned with a plethora of prestigious accolades like two Academy Awards, six Golden Globe Awards, three Drama Desk Awards, four BAFTAs, and two Emmy Awards. 

Besides, Hoffman likewise has earned huge wealth from the career spanning over a half-century in the industry. Let's take a sneak peek at his net worth, salary, and major contributing factors to his riches. 

How Much Is Dustin Hoffman Worth? Income Sources And Salary Details

Dustin Hoffman's estimated net worth as of 2020 stands at $50 million. The major portion of his wealth came from his work in movies and TV shows.

American filmmaker and actor Dustin Hoffman
American filmmaker and actor Dustin Hoffman 

Source: Hollywood Reporter 

Hoffman landed his first film role in The Tiger Markes Out in 1967. He subsequently later made his way to New York City and made his directorial debut working with productions Two for the Seesaw and Time of Your Life for the Fargo-Moorhead Community Theatre. He received $1,000 for the eight-week contract with the company.   

The legendary actor later acted in a number of commercially triumphant movies. Some of them are mentioned below,

Movie Salary Cast Members 
 The Graduate (1967)$17,000Anne Bancroft and Katharine Ross
John and Mary (1969)$425,000Mia Farrow and Michael Tolan
Midnight Cowboy (1969)$400,000Jon Voight
Papillon (1973)$1,200,000Victor Jory, Don Gordon, Anthony Zerbe, and Steve McQueen
Tootsie (1982)$5,500,000Jessica Lange and Teri Garr
Ishtar (1987)$6,000,000Isabelle Adjani and Charles Grodin
Rain Man (1988)$5,800,000Tom Cruise and Valeria Golino
Hook (1991)$2,000,000Robin Williams and Julia Roberts

Hoffman, in addition to his work in big-screen, is also credited for his role in a number of TV series. His TV works include Death of a SalesmanA Wish for Wings That Work, Liberty's KidsKung Fu Panda Holiday, and Medici: Masters of Florence.  

In 2020, the actor played the role of Scratch in the animated comedy television series The Curse of Molly McGee

Awards And Accolades 

Dustin Hoffman took his first Oscar glory to his home for his role in Kramer vs Kramer in 1980. He won his second Academy Award under the category Best Actor in Rain Man in 1989.  

The actor is also a recipient of two Primetime Emmy Awards, winning the first for Death of a Salesman in 1986 and a second for Hoffman starred in Roald Dahl's Esio Trot in 2015. 

Additionally, Hoffman has won three Drama Desk Awards, six Golden Globe Awards, and four BAFTA Awards.  

Sold His San Remo Triplex For $21 Million 

According to Variety, Dustin Hoffman sold his mansion-sized triplex at the San Remo building on Central Park West for $21,018,500 in early 2014.    

Dustin Hoffman's triplex San Remo building
Dustin Hoffman's triplex San Remo building

Source: Jewish Business News

As per property records, the actor sold the multi-unit combination apartment in an off-market deal to an unidentified buyer. He had been a San Remo resident since the mid-1970s and also tried to sell the property back in the fall of 2002 with an asking price of around $25,000,000. 

The property spread out in 8,000 square feet and features three floors. It boasts four bedrooms, six bathrooms, and two terraces.

Car Collection

Dustin Hoffman rides some luxurious cars. He is the proud owner of Toyota Prius, Tesla Roadster, and Range Rover. 

Additionally, in 2014, Hoffman bought Porsche Carrera S Convertible for $150,000.  

Charity Work 

Dustin Hoffman has been a part of many non-profit organizations. He supports the 826 National, Achievable Foundation, Cinema For Peace, Declare Yourself, and MusiCares.  

Adriana Grenier, Alice Coper, Alison Krauss, Alicia Keys, and more works for the aforementioned entities.  

Short-Bio Of Dustin Hoffman

Dustin Hoffman was born in Los Angeles, California, on 8th August 1937. He is the son of Lillian Gold and Harry Hoffman. His father was a prop supervisor at Columbia Pictures. He later became a furniture salesman.  

Hoffman also has an elder brother named Ronald Hoffman, a lawyer and an economist. He holds an American nationality and belongs to mixed ethnical background.  

Dustin attended Los Angeles High School and graduated in 1955. Upon his schooling, he went on to enroll at Santa Monica College to study medicine. Just after a year, he left the college and joined the Pasadena Playhouse, a historic performing arts venue.

Furthermore, Hoffman also trained at the Neighborhood Playhouse in New York City. He initially had a plan to pursue a career as a classical pianist. 

Wife And Children 

Dustin Hoffman has been married twice. The actor first tied the knot with his now ex-wife Anne Byrne in May 1969. His wife, Byrne, also had a daughter named Karina Hoffman-Birkhead, born in 1966 from her previous marriage. 

Hoffman and Byrne welcomed their first child, a daughter named Jenna Byrne, on October 15, 1970. The two, however, could not last long and divorced after over a decade of marriage journey in 1980. 

Dustin Hoffman and his wife Lisa Gottsegen
Dustin Hoffman and his wife Lisa Gottsegen

Source: Panda Gossips

For the second time, the actor went on to marry Lisa Gottsegen, an American businesswoman in October 1980. The two are blessed with four children. She gave birth to their first child, a son Jacob Edward on March 20, 1981. Jacob is also an actor and writer. 

Their second child, a daughter Rebecca Lillian was born on March 17, 1983, followed by a son Maxwell Geoffrey on August 30, 1984, and a daughter Alexandra Hoffman on October 27, 1987.  

Updated On Mon Apr 20 2020 Published On Mon Apr 20 2020 By Simond