How Much Is Former Actor Terry Michos’ Net Worth?
Terry Michos, a former American actor is known for his work in the action film The Warriors. Despite his professional acting career of only 3 years from 1979 to 1982, Michos’ acting prominence won the hearts of many in a short period.
As of 2019, Terry has an estimated net worth of $1.3 million, all thanks to his acting and post-career as a TV anchor and public speaking teacher.
Having worked as an actor, Terry Michos currently works as a news anchor for Cablevision. In addition to that, the former actor also gives public speaking courses in New York, Hudson Valley, and Marist College.
Net Worth: Income Sources & Earnings
Michos started his career as an actor in 1979 where he played the role of Vermin in the film The Warriors. The movie made a gross collection of $22.5 million over the budget of $4 million.
But after 3 years, he left acting in 1982, having appeared in The Great Skycopter Rescue (1980) as Jimmy Jet and in TV show Simon & Simon (1981) as Roger.
According to various online sources, Terry Michos owns the net worth of around $1.3 million as of May 2019. The credit of major sources of his income goes to acting but his later career as a TV anchor.
Well, after leaving the Hollywood industry, Terry began to work as a TV news anchor for Cablevision in Wappingers Falls, New York. Furthermore, he is the producer/director of Cablevision Systems Corporation.
Since 1997, the former actor also teaches public speaking courses in the New York Hudson Valley, and Marist College.
Even if Terry Michos is yet to open up about his actual earnings, he surely earns in the 6-digit figure, hundreds of thousand dollars.
Well, in the United States, the average salary of an actor is $50,000 per year, while a TV news anchor gets the annual payroll of $83,000.
Endorsements & Charity
Meanwhile, the details on Terry’s endorsement or earnings from sponsorships is not out. But surely, as a famous personality, he can make a massive sum, if signs an endorsement deals.
For a fact, he is not active on social media like Instagram and Twitter, where many other celebrities make a sponsored post that earns them a hundred or even a thousand dollars for each.
Alongside his career, Terry Michos is also active in charity works and supports many non-profit organizations.
Assets, Lifestyle & Expenses
Owning a net worth of $1.3 million, Terry Michos does live a lavish lifestyle and owns a considerable property empire. However, the actor turned TV news anchor is low-key about his assets including house and cars.
Sources claim that he lives in his house in his hometown New York, where the price of a house ranges from $300,000-$430,000 along with its insurance premium of $1,287 per year.
The former actor living a luxurious life surely has a list of huge expenses, which includes costly suits, travels, food, and accommodations. Also, he has to counter the bills for tax payments.
Well, the property tax in New York costs 1.925% of the assets’ assessed value while the income tax costs $32,000 upon the annual revenue of $100,000. The income tax is inclusive of 15.41% Federal tax, 7.65% FICA, 5.54% State tax and 3.44% Local tax.
The scenario is not different for Terry Michos.
Terry Michos’ Personal Life: Age, Family, Education & Relationship
Born on December 26, 1953, Terry Michos grew up in his hometown Poughkeepsie, New York, the USA. He is also famous for his other name Terence Michos.
Raise in an American family, Michos holds American nationality and is of white ethnicity. However, the former actor never opened up about his family background and educational qualification.
As of May 2019, Terry’s age is 65 while his height is reportedly 5 ft. 6.5 inches (169 cm).
Since Terry Michos is low-key about his personal life, no conclusion on his relationship status can be made. Though some sources claim that Michos is a married man and lives happily with his wife and children.
For now, no details on his spouse or kids are out.
Stay tuned with Networthbuzz.com for more updates!