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Morgan Freeman Net Worth 2020


Facts of Morgan Freeman

Full NameMorgan Freeman
First NameMorgan
Last NameFreeman
Birth NameMorgan Freeman
ProfessionActor, Film Director, Film Narrator
Birth CityMemphis, Tennessee
Birth CountryUSA
Father NameMorgan Porterfield Freeman Barber
Mother NameMayme Edna Revere
Gender IdentityMale
Sexual OrientationStraight
SpouseMyrna Colley-Lee (m. 1984–2010), Jeanette Adair Bradshaw (m. 1967–1979)
No Of Children4
AwardsAcademy Award for Best Supporting Actor,NAACP Image Award for Outstanding Actor in a Motion Picture
FilmographyThe Shawshank Redemption,Million Dollar Baby,The Bucket List,Invictus
EducationJackson State University, Los Angeles City College
Height187 cm
Insta Profile
Date of BirthJune 1,1937
Age83 years
Amount$250 Million
Amount$250 Million

How Much Is Morgan Freeman’s Net Worth?

Legendary American actor, director, and former military man Morgan Freeman has a net worth of $250 million as of February 2020. His extensive career in film has made him an almost divine figure in the world of film.

He is known for his incredible voice which is deep and gentle at the same time due to which audiences see him as a father figure and the ideal narrator.

The Oscar winner has acted in some legendary films like Street Smart, Driving Miss Daisy, The Shawshank Redemption, The Dark Knight franchise where he worked with Anne Hathaway and David Gyasi among a huge number of others. He also worked with the great Woody Harrelson on Now You See Me. 

The famous actor is also well known for hosting the documentary series The Story of God with Morgan Freeman which took him to various places in the world including Nepal.

Net Worth Details- Income Sources, Movies And TV Shows, And Salary

Debuting as an actor more than 50 years ago in the film industry has made him an actor worth more than $250 million as of February 2020 according to Celebrity Net Worth.

Freeman is one of the best-paid actors in the world and has earned millions all throughout his career. He earned $12,000,000 in 2012 alone. The combined earnings of his movies in 2013 was around $2,750,000,000.

Morgan Freeman has a net worth of $250 million
Morgan Freeman has a net worth of $250 million

Similarly, according to Celebworth, he earns around $31.67 Million per year which is $2.64 Million per month.

The following list has compiled some of the star’s earnings over the years.

1997$5,000,000Kiss The Girls
2012$12,000,000Various Sources
2013$30,000,000Combined Earnings From Films

In a similar fashion, his movies also gross hundreds of millions on average. We have listed some of his movies with their box office collection below.

Some of the highest grossing movies of Morgan Freeman along with the collection of the movies.

Film/MovieBox Office CollectionYear
The Dark Knight$535,234,0332008
Evan Almighty$100,462,2982007
The Shawshank Redemption$28,341,4691994
Driving Miss Daisy$106,593,2961989
Robin Hood: Prince of Thieves$165,493,9081991
Million Dollar Baby$100,492,2032004

It is apparent that Freeman is one of the most critically acclaimed as well as commercially successful actor in the world.

Assets, House, Cars, Lifestyle, Private Jet

Freeman also has several properties all over the world. He owned a 124-acre ranch that he converted into a sanctuary for bees as their population in the world is decreasing at an alarming rate. 

Freeman's 124-acre ranch
Freeman's 124-acre ranch

Another property the star owns is a house in the British Virgin Islands which costs around $7,000,000.

In addition to this, he also owns a blues club in Clarksdale, Mississippi and co-owned a fine dining restaurant named Madidi in the same location.

He also has a very lavish car collection including a 1966 Ford Mustang GT 350 whose cost is around $140,000. The list below contains some of the other cars in his collection.

Lamborghini Aventador$400,000
Tesla Model X$79,000
2004 Chevrolet Corvette$20,000
Toyota Tundra$47,000
GMC Yukon Denali$49,000
Chevrolet Silverdo$35,000
BMW 745$10,000

He lives a very rich Hollywood lifestyle and has a lot of expensive assets as evidenced by the table above. He also owns an SJ30 jet which costs around $7,000,000.

Tax And Insurance

Morgan Freeman may also pay enormous amounts in taxes as he is a very high earner and has a multimillion-dollar fortune. He has to pay income, property, and vehicle taxes as per the laws of his state and county.

He may also have insurance of his health, body, life, and properties but the exact plans and policies are not available in the media and tabloid sources.

Commercials And Endorsements

The actor is seen as a father figure by most film lovers and fans due to this he has appeared in a lot of commercials all over the world.

In fact, he has done commercials for companies and brands like Mountain Dew Ice, VISA, LEGO, Doritos, among others. He may also have done endorements of several multinational brands.

Charity & Philanthropy

 Freeman is a very passionate philanthropist and has done a lot of charity work over the years, he even turned his 124-acre ranch to a bee conservation area.

To add to this, he has also worked extensively against racism and established the Grenada Relief Fund to help those affected by Hurricane Ivan. He has also worked as a narrator for various pro-environment video clips and is an environmentalist.

Morgan Freeman’s Personal Life: Age, Dead, Wife, Voice, Children, Sexual Harassment Allegations, Relationship With Granddaughter,   

Morgan Freeman was born on June 1, 1937, in Memphis, Tennessee, U.S to mother Mayme Edna Revere and father Morgan Porterfield Freeman Barber. He is 81 years old as of July 2019. He has a height of 6 feet 2 inches (188 cm). 

Freeman with former wife Myrna Colley-Lee
Freeman with former wife Myrna Colley-Lee

He moved around a lot from place to place when he was a child. He moved from Charleston, Mississippi to Greenwood, Mississippi to Gary, Indiana and lastly to Chicago, Illinois.

He attended Broad Street High School and later turned down a scholarship to Jackson State University choosing to serve in the army and had the rank of Airman 1st Class before he left the army.

Regarding his ethnicity, he is African-American and is American as per his nationality.

He suffered from pneumonia when he was 16 years old an almost passed away. Similarly, rumors of his death frequently pop up in the media but he is very much alive as of July 2019.

He Is Married Twice: Wife & Children

As for his relationships, he has been married two times in the past. He married Jeanette Adair Bradshaw on October 22, 1967, and their relationships lasted till November 18, 1979, when they divorced.

After that, he married Myrna Colley-Lee on June 16, 1984. They separated in December 2007 and divorced September 15, 2010.

He has 4 children, 2 of which are from extramarital affairs. His kids are named Alfonso Freeman, Deena Freeman, Saifoulaye Freeman, and Morgana Freeman.

Allegations Of Sexual Harassment And Inappropriate Relationships With Granddaughter 

He was also accused of having a relationship with his stepdaughter, E'dena Hines from his former marriage with Colley-Lee. 

Hines was found stabbed to death in New York on August 2015 and her former boyfriend Lamar Davenport was found guilty of her murder.

Freeman has been accused by various women for sexual harassment. Most of these allegations were made during the MeToo movement. 

Some of the accusers claimed that he touched them in an inappropriate manner and made lewd comments about them. The allegations have never been confirmed.

Updated On Mon Mar 30 2020 Published On Thu Jul 11 2019 By Dibas Pratap Basnet