American actor and filmmaker
#41 in Hollywood today
Dustin Hoffman has a net worth of $125 million as of 2024. He won two academy awards and considered one of the richest actors, according to Forbes. His salary is $6 million per movie.
Divorce Payments
Dustin Hoffman has been married twice. His first marriage was to Anne Byrne in May 1969, with whom he had two daughters: Karina (adopted) and Jenna. They divorced in 1980 after 11 years of marriage after he had an affair.
As part of the divorce settlement, he paid his ex-wife $1 million in cash. He also agreed to pay $5,000 in monthly alimony. This happened early in his career and therefore it negatively impacted his wealth.
Later that same year, he married Lisa Gottsegen, with whom he has four children. Jake, Rebecca, Max, and Alexandra. Hoffman and Lisa have been married for over 43 years
Allegations & Settlements
In 2017, a woman alleged that Hoffman made inappropriate jokes and comments around her and asked her to give him foot massages. To avoid further media publicity, Hoffman’s lawyers have reportedly paid $500k to the women to sign an NDA.
Dustin Hoffman’s Salary
Rain Man: Hoffman’s initial reported salary for Rain Man was $5.8 million, which was a substantial sum at the time. However, the deal also included a percentage of the film’s gross earnings, which ultimately proved to be even more lucrative.
As Rain Man became a massive success, grossing over $354 million worldwide, Hoffman’s earnings grew significantly. Sources estimate that his total profit earnings from Rain Man are as high as $20 million, not including his fixed salary.
Movie | Salary |
---|---|
The Graduate (1967) | $17,500 |
Midnight Cowboy (1969) | $25,000 |
Little Big Man (1970) | $50,000 |
Straw Dogs (1971) | $100,000 |
Papillon (1973) | $250,000 |
Lenny (1974) | $500,000 |
Marathon Man (1976) | $750,000 |
Kramer vs. Kramer (1979) | $1 Million |
Tootsie (1982) | $2 Million |
Rain Man (1988) | $5.8 Million + Profits |
Real Estate Assets
Dustin Hoffman owns several properties, including a $10 million beachfront home in Malibu with ocean views and a $12 million townhouse in Greenwich Village, New York. He also used to own a townhouse in London’s Belgravia, which he sold in 2015.
Dustin Hoffman Net Worth 2024 (Forbes)
Real Name | Dustin Lee Hoffman |
Profession | American actor |
Net Worth | $125 Million |
Salary per Movie | $6 Million |
Annual Income | $10 Million |
Luxury Cars | 15+ |
Quick Interesting Facts
- Dustin Hoffman won his first Oscar for Kramer vs. Kramer in 1979.
- He starred in The Graduate just after graduating from acting school.
- Hoffmanโs portrayal of Rain Man won him a second Oscar in 1988.
- He initially struggled with dyslexia but overcame it to become a celebrated actor.
- Hoffman was considered for the role of Michael Corleone in The Godfather.
- He made his Broadway debut in 1967 with The Journey of the Fifth Horse.
- Hoffman directed and starred in Quartet in 2012, marking his directorial debut.
- He was nominated for a Golden Globe for his role in Tootsie.
- Hoffmanโs performance in Lenny earned him critical acclaim and an Oscar nomination.
- He trained at the Actors Studio, where he studied under Lee Strasberg.
Wealth Graph
Net Worth in 2024 | $125 Million |
Net Worth in 2010 | $75 Million |
Net Worth in 1990 | $19 Million |
Net Worth in 1980 | $4 Million |
Net Worth in 1970 | $220,000 |
FAQs
Dustin Hoffman lives primarily in his Malibu Beach House and New York Townhouse, with other properties serving as retreats or investments.
Dustin Hoffman has been married to Lisa Gottsegen since 1980.
Yes, Dustin Hoffman and Robert De Niro are considered close friends, having known each other for over 50 years.