American Film Director
#11 in Filmmakers today
As of 2024, Spike Lee has a net worth of $70 million USD. He earns a salary of $10 million per movie. He directs films in a profit-sharing basis and this is why he has such great net worth.
Spike Lee Salary
Do the Right Thing (1989): Spike Lee got a $20,000 salary because the film’s budget was only $6 million. But, thanks to a profit-sharing deal, he made about $3.7 million more after the film did much better than expected.
Other Films: Lee was paid $6 million to direct “Malcolm X” because it had a big budget and studio support. For “BlacKkKlansman,” he earned $10 million from his salary and a share of the profits.
Income from Commercials
In the mid-1990s, Lee started making ads for Levi’s, focusing on their famous 501 button-fly jeans. He also worked with Nike, creating memorable ads with his own character, Mars Blackmon. Lee has directed over 100 ads and commercials and earned $8 million from this work.
Spike Lee Net Worth 2024 (Forbes)
Full Name | Shelton Jackson “Spike” Lee |
Net Worth | $70 Million |
Annual Income | $8.5 Million |
Salary per Movie | $10 Million |
Inheritance | $2,000 |
Real Estate Assets
Spike Leeโs wealth includes real estate portfolio, valued at $25 million, includes several properties in Chicago and Atlanta. He owns a $7 million mansion in the heart of Chicago. Lee also has a $5 million loft in downtown Chicago.
In Atlanta, he owns a $6 million home in the upscale neighborhood of Buckhead. Additionally, Lee has a $4 million commercial office space in Midtown Atlanta, which serves as a hub for his production company.
Dividends and Investments
Spike Lee earned a total of $2.5 million in dividends over the past year from investments in five major companies:
- Tesla Inc.: $600,000
- Amazon.com Inc.: $500,000
- Coca-Cola Company: $400,000
- Intel Corporation: $400,000
- McDonald’s Corporation: $600,000
Car Collection
Spike Lee owns many cars: Mercedes-Benz S-Class, Audi R8, and Jaguar XJ, along with a Porsche Panamera, Maserati Levante, Bentley Bentayga, Land Rover Defender, and Cadillac CT6.
Spike Lee House
Spike Lee’s house is on East 63rd Street in Manhattan, New York City. He bought it in 1998 for $16.6 million. The house has 5 bedrooms, a library, rooms for staff, an elevator, and 3 fireplaces.
Spike Lee is married to Tonya Lewis Lee with whom he lives in this home. They married in 1993. The couple has two children: a daughter named Satchel Lee and a son named Jackson Lee.