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Tom Cruise Net Worth| Early Life |Career and Major Works| Income | Assets

Tom Cruise net worth is expected to be at $600 million in 2021. Throughout the 1920s, Cruise was one of the highest-paid actors.

by TSA Desk
January 17, 2023
in Entertainment
Reading Time: 6 mins read
Tom Cruise Net Worth| Early Life |Career and Major Works| Income | Assets

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Table of Contents
  • Tom Cruise net worth -  $600 million
  • Family And Early Life
  • Career And Major Works
  • Tom Cruise Salary And Earning Milestone
  • Cruise/Wagner Productions:
  • How Does Tom Cruise Spend His Income?
  • Real Estate
  • Cars And Planes
  • Tom Cruise Most Inspiring Quotes

Tom Cruise net worth –  $600 million

Thomas “Tom” Cruise Mapother IV is a Syracuse-based actor and producer. Tom Cruise has starred in dozens of huge blockbuster films over the previous three decades and is now widely regarded as one of Hollywood’s biggest stars. At the age of 19, Cruise debuted as a popular actor in the films Endless Love (1981) and ‘Top Gun’ (1986). Nicole Kidman, Jon Voight, and Jack Nicholson are just a few of the world’s best performers with whom he has worked.

Family And Early Life

The cruise was born in Syracuse, New York, to special education teacher Mary Lee (née Pfeiffer) and electrical engineer Thomas Cruise Mapother III. Cruise’s paternal great-grandparents, William Reibert and Charlotte Louise Voelker have German and English lineage, and his paternal great-great-grandfather, Thomas O’Mara, has Irish ancestry. Thomas Cruise Mapother, I was named after O’Mara’s son Thomas, who took the surname Mapother after his older half-brothers.

Lee Anne Cruise, Tom Cruise’s older sister, was born in Louisville. Marian, his older sister, was born in Syracuse, as were Tom and Cass, his younger sister.

For grades three, four, and five, Cruise attended Robert Hopkins Public School. The Mapother family then relocated to Gloucester, Ontario’s Beacon Hill suburb.

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Tom Cruise Net Worth
Image Source: News18

 Cruise completed grade six at Carleton Board of Education’s Henry Munro Middle School, where he was engaged in athletics, playing floor hockey practically every night and demonstrating himself to be a vicious player, chipping his front tooth in the process.

After being forced to retire from his high school wrestling team due to a knee injury, Cruise turned to acting. While injured, he successfully auditioned for a main role in his high school’s production of Guys and Dolls, and after his success in the role, he chose to pursue a career as an actor.

Career And Major Works

Tom Cruise began his acting career when he was 19 years old when he appeared in a small role in the 1981 film ‘Endless Love.’

Cruise’s early career continued with appearances in other films. In 1983, he played ‘Joel Goodson’ in the comedy ‘Risky Business,’ which was a great hit.

In 1986, Cruise made his big break in the action drama picture ‘Top Gun,’ where he played ‘Lieutenant Pete.’

The film was a big hit, and it cemented his status as a superstar. With films like ‘The Color of Money (1986), ‘Cocktail’ (1988), and ‘Born on the Fourth of July,’ his streak of success extended until the late 1980s (1989).

He also had success in 1996, when he starred as Ethan Hunt in the spy and action film Mission: Impossible.’ The movie was a great box office hit, and it generated a slew of sequels.

Tom Cruise Net Worth
Image Source: India Today

Films like ‘Eyes Wide Shut’ (1999), ‘Vanilla Sky’ (2001), ‘Minority Report’ (2002), ‘The Last Samurai’ (2003), ‘Collateral’ (2004), ‘Rock of Ages (2012), and ‘Edge of Tomorrow,’ Tom remained highly bankable and popular throughout the late 1990s and 2000s (2014).

Since then, Tom Cruise has established himself as one of the world’s highest-paid performers. He has worked with some of the world’s most talented actors.

He is most known for his role in the ‘Mission: Impossible movie as ‘Ethan Hunt.’ With over $2 billion in worldwide gross, the series is the 17th highest-grossing film series of all time.

Tom Cruise Salary And Earning Milestone

For Risky Business, Tom received $75,000. His salary was increased to $500,000.00 for the 1985 film Legend. Tom was paid $2 million to star in Top Gun a year later. His earnings surged from that moment forward in his career. Cocktail brought him $3 million, Days of Thunder brought him $9 million, Far and Away brought him $13 million, and A Few Good Men and The Firm brought him $12 million. Interview with the Vampire netted him $15 million.

Tom earned a total of $70 million for all of his credits on the first Mission Impossible thanks to his producer credit. For Mission Impossible 3, he was paid $75 million.

Tom’s two highest-grossing films to date are Mission Impossible 2 from 2000 and War of the Worlds from 2005. Thanks to lucrative backend points, he made $100 million on each film. Tom Cruise ranks three times on a list of the top ten highest acting salaries of all time (for a single film). Behind Bruce Willis’ $105 million Sixth Sense payoff and Keanu Reeves’ $156 million Matrix payday, his $100 million paydays rank third and fourth, respectively.

Tom Cruise Net Worth
Image Source: Turner Classic Movies (TCM)

Tom earned $445 million in film salaries between 1983 and 2011. He most likely made another $300 million between 2011 and 2019, increasing his total career earnings (pay and incentives) to $745 million between 1983 and 2019.

Cruise/Wagner Productions:

Tom has produced several of his own films, which is one of the reasons he has become an incredibly wealthy actor rather than merely a very successful actor. Cruise/Wagner Productions was created in 1993 by him and Paula Wagner. Their films have grossed $3 billion globally to date. Their company had an exclusive relationship with Paramount for many years. 

Tom’s provocative views against psychiatry and antidepressants went viral and raised feathers throughout the industry; the arrangement fell apart in 2006. Since then, hedge funds and Dan Snyder, the founder of the Washington Redskins, have given funding. United Artists hired Paula and Tom in 2006 to help resuscitate the faltering studio. Despite the fact that Paula departed UA in 2008, she and Tom still hold 30% of the company.

How Does Tom Cruise Spend His Income?

Tom Cruise has a large financial portfolio and spends a lot of money on it. He spends some of his money on things like becoming a licensed pilot, real estate, cars, and private jets.

Real Estate

Tom owns and has owned a variety of remarkable homes throughout the United States.

Tom sold a $3 million penthouse on the 10th floor in New York City’s East Village in 2013.

He sold a multi-residence property in the Hollywood Hills for $11.4 million in September 2015. Eva Longoria was the buyer. Tom sold his Beverly Hills home to billionaire businessman Leon Black for $40 million in May 2016. When he was still married to Katie Holmes, he bought the house for $30.5 million in 2006.

Tom built a big mansion in Telluride, Colorado, when he was married to Nicole Kidman in the mid-1990s. His 320-acre estate in Telluride is the largest in the area. The main house is 10,000 square feet and has seven bedrooms, nine bathrooms, a private helipad, and horse stables.

Tom Cruise Net Worth
Image Source: NDTV.com

He lobbied the local airport for years to enlarge its runway so that larger private jets could land. In 2010, his request for a runway was granted. He advertised this mansion for $59 million in 2016 but was unable to find a buyer. He relisted the house in 2018 but was unable to find a buyer. In March 2021, he re-listed the house for $39.5 million.

He spent $11.8 million in 2018 on various apartment units in Clearwater, Florida, near the Church of Scientology’s world headquarters.

Cars And Planes

When it comes to luxury vehicles, Cruise favors Porsche and Bremont. He has a Bugatti Veyron, a sports automobile valued at 22,50,000 dollars. In addition, a Porsche sports car is projected to cost roughly 112,000 USD. Aside from automobiles, Tom has a 63,16,000-dollar private jet and a 93,000-dollar private plane.

Tom Cruise Most Inspiring Quotes

Now let’s have a look at the most inspiring Tom Cruise Quotes that will introduce you to the new you.

Tom Cruise Net Worth
Image Source: Masala!

“I always look for a challenge and something that’s different.” — Tom Cruise

“I don’t care who you are, life has challenges.” — Tom Cruise

“I’m passionate about learning. I’m passionate about life.” — Tom Cruise

“When you have to cope with a lot of problems, you’re either going to sink or you’re going to swim.” — Tom Cruise

“I have cooked turkeys in my day but when Mom`s around I let her do it.” — Tom Cruise

“I’ve spent many birthdays on a movie set, all great days.” — Tom Cruise

“Everybody dies, Sally. The thing is to die well.” — Tom Cruise

Also Read: 9 Short Animes To Watch With Less Than 50 Episodes

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