Profile
American Actor
#19 in Hollywood today
Morgan Freeman has a net worth of $300 million as of 2024. Despite losing great deal of money through divorce, he is still considered as one of the richest actors in Hollywood, according to Forbes.
Salary per Movie
The Shawshank Redemption: Morgan Freeman’s salary for “The Shawshank Redemption” has been reported to be around $300,000, which is more than what the lead actor Tim Robbins made.
Freeman has stated that he was more interested in the role and the film’s potential impact than in the financial compensation.
The Dark Knight Series: Morgan Freeman’s salary for his role as Lucius Fox in Christopher Nolan’s Batman trilogy was $5 Million for the first two films in the series.
For the third installment ‘The Dark Knight Rises’, Freeman earned a $7 million salary. Also See Joe Pesci’s Net Worth.
| Movie | Salary |
|---|---|
| The Shawshank Redemption | $300,000 |
| Seven | $2.5 million |
| Deep Impact | $8 million |
| Bruce Almighty | $9 million |
| Evan Almighty | $10 million |
| Batman Begins | $5 million |
| The Dark Knight | $5 million |
| The Dark Knight Rises | $7 million |
| Olympus Has Fallen | $14 million |
| London Has Fallen | $20 million |
| Now You See Me | $5 million |
| Now You See Me 2 | $10 million |
| Lucy | $7 million |
| Oblivion | $6 million |
Costly Divorce Settlement
Morgan Freeman has ended his 26 year marriage to Myrna Colley-Lee, following a lengthy and reportedly contentious divorce process.
The couple separated in 2007, citing irreconcilable differences, and their divorce was finalized in 2010, states Forbes.
Freeman is believed to have paid a substantial lump sum settlement to Colley-Lee, estimated to be in the range of $150 million to $200 million.
He paid his ex-wife $30 million cash and the remaining through transfer of real estate properties.
It is reported that he gave up ownership of multiple properties, including their opulent $30 million ranch in Charleston, Mississippi.
Colley-Lee is reportedly keeping their penthouse apartment in New York City, which is estimated to be worth $10 million.
Earnings from Voice Over
Freeman commands a fee of around $1 million per documentary narration. This figure is based on reports of his earnings for notable projects such as “March of the Penguins” (2005), for which he reportedly received $1 million, and “War of the Worlds” (2005), for which he earned a similar amount.
In addition to documentaries, Freeman has voiced audiobooks, video games, and advertisements, as discussed on Reddit.
In addition to narrating multiple audiobooks, he has made an estimated $3 million per campaign by lending his voice to Visa Debit Card commercials.
What is Morgan Freeman Net Worth?
| Net Worth | $300 million |
| Annual Income | $50 Million |
| Salary per Movie | $12 Million |
| Monthly Spends | $1 Million |
| Real Estate Assets | $160 Million |
Investments
Freeman reportedly invested in Revlon, a global cosmetics company, in the early 2000s. He co-founded Groundswell Productions, a film and television production company, in 2002.
The company has produced several films and documentaries, including “March of the Penguins” and “Invictus.”
Freeman invested in Plan B Entertainment, a film production company founded by Brad Pitt, in 2004.
The company has produced several critically acclaimed films, including “The Departed,” “12 Years a Slave,” and “Moonlight.”