Thomas Cruise Mapother IV is an American actor and producer born on July 3, 1962. He is one of the highest-paid performers in the world and has won numerous honors, including three Golden Globe Awards, an Honorary Palme d’Or, and three Golden Globe Awards.
He has also been nominated for three Academy Awards. He is one of the high heat-earning movie actors of all time, with over $4 billion in North America and over $11.1 billion worldwide in box office receipts for his films.
Early in the 1980s, Cruise started acting, and his breakthrough came with the comedy Risky Business (1983) and the action movie Top Gun (1986). His performances in the dramas The Color of Money (1986), Rain Man (1988), and Born on the Fourth of July brought him critical recognition (1989). He was nominated for an Academy Award and got a Golden Globe for his performance as Ron Kovic in the latter.
Tom Cruise Net Worth
American actor and producer Tom Cruise have a $600 million fortune. Tom Cruise has been in several big-budget films over the past three decades and is currently regarded as one of Hollywood’s most prominent actors. He is also among the world’s highest-paid and wealthiest celebrities.
Tom Cruise films have raked in $9.5 billion at the worldwide box office as of this writing. Interestingly, none of Tom’s movies failed to generate over $1 billion over the majority of his career.
Before June 2022, “Mission: Impossible – Fallout,” which earned $800 million worldwide, was his highest-grossing film of all time. After the weekend of June 25–26, 2022, Tom finally reached the billion-dollar milestone courtesy of “Top Gun: Maverick.”
Tom Cruise Early Career
Cruise first relocated to New York City to pursue his acting career after graduating high school. To audition for television opportunities, he immediately relocated to Los Angeles.
Tom made his cinematic debut in 1981 with a supporting role in “Endless Love.” He received favorable reviews for his performance in “Taps” that same year.
The prestigious talent agency CAA also signed Tom because of that role. CAA agent Paula Wagner argued for Tom to Michael Ovitz, the company’s managing partner. As a longtime customer of CAA, Tom would also create Cruise/Wagner Productions with Paula in the early 1990s.
Tom received more praise for “The Outsiders.”
Tom Cruise Success
Tom made himself a star with the comedy/drama “Risky Business” in 1983. On a $6 million budget, Risky Business brought in $64 million and generated a lot of cultural icons. Cruise received his first Golden Globe nomination and cemented his status as a rising star, thanks to the film.
With the massive success of the 1986 film “Top Gun,” Tom Cruise rose to become one of the most well-known performers in the world. Top Gun was the year’s highest-grossing movie, with a global take of $360 million.
He co-starred with Paul Newman in “The Color of Money” the same year.
With the 1988 releases of “Cocktail” and “Rainman,” the hits kept coming. There were four Oscars for Rain Man. After a year, Cruise received his first Oscar nomination for “Born on the Fourth of July.”
He then released “Days of Thunder” in 1990, “Far and Away” in 1992, “A Few Good Men” in 1992, “The Firm” in 1993, and “Interview with the Vampire” in 1994. He was nominated for a Golden Globe for A Few Good Men.
Last night was a celebration 36 years in the making. Truly incredible. #TopGun pic.twitter.com/kbpU9AL98v
— Tom Cruise (@TomCruise) May 5, 2022
Tom Cruise co-wrote, co-starred in, and co-produced the worldwide-grossing hit “Mission: Impossible” in 1996. The film spawned several lucrative sequels. Tom featured in another global sensation that year, “Jerry Maguire,” which brought in $275 million on a $50 million budget and won him a nomination for Best Actor at the Oscars. The Oscar for Best Supporting Actor went to his co-star Cuba Gooding Jr.
Over the subsequent decade and more, Tom kept producing hits.
Tom Cruise Salary
Tom Cruise earned $2 million for the 1986 film “Top Gun,” as we just mentioned. That amounts to roughly $5.4 million when inflation has been considered.
Unbelievably, $2 million was 13% of Top Gun’s $15 million budget. Producers Jerry Bruckheimer and Don Simpson were worried when the Tom Cruise-starring film “Legend” tanked at the box office while Top Gun was in production. Fortunately, Top Gun was hugely successful and ended up being the most profitable film of 1986, earning $360 million.
Three decades later, we arrived in 2018 or 2019. A Top Gun sequel was finally made after many years of fan rumors, whispers, and expectations, mainly due to producer David Ellison, son of Skydance founder Larry Ellison.
A Top Gun sequel was the first film David Ellison intended to make after launching Skydance in 2006—he was a pilot and a passionate Top Gun fan growing up. Skydance contributed 25% of the movie’s estimated $200 million budget when everything came together.
The release of “Top Gun: Maverick” was initially scheduled for the middle of 2020, but COVID forced a two-year postponement. Tom serves as both the sequel’s leading producer and its star. He received a basic pay of $13 million for Top Gun: Maverick.
More significantly, Tom has a right to 10–20% of the “first dollar” gross receipts of the movie as a producer. No other Hollywood celebrity can negotiate a contract like that. The first dollar gross is paid out following the exhibitors’ 40% ticket sales cut before additional studio expenses like marketing and production.
Tom will make about $60 million if Top Gun: Maverick earns $1 billion at the box office, and he owns 10% of first dollar gross. He would make about $120 million if he had 20%. Tom will likely get over $200 million if he has 20% of the market share and future streaming revenues are included; this would be equivalent to almost 100 times his base Top Gun income.
Tom Cruise Real Estate
Tom currently owns and has owned several remarkable homes across the US.
For $3 million, Tom sold a condo on the 10th level in New York City’s East Village in 2013.
He sold a multi-unit building in the Hollywood Hills for $11.4 million in September 2015. Eva Longoria was the purchaser.
Tom sold Leon Black, a billionaire banker, his longtime Beverly Hills mansion for $40 million in May 2016. When he was still married to Katie Holmes, he paid $30.5 million for the house.
Tom constructed a sizable estate in Telluride, Colorado, in the middle of the 1990s while he was still married to Nicole Kidman. His 320-acre Telluride property is large. The primary residence is 10,000 square feet and has a private helipad, seven bedrooms, nine bathrooms, and horse stables.
He lobbied the regional airport for years to lengthen its runway so bigger private jets could land there. In 2010, his ambition for a runway came true. He put this house up for sale in 2016 for $59 million, but he eventually failed to find a buyer. In 2018, he relisted the home but was unsuccessful in finding a buyer.
In March 2021, he listed the house once more for $39.5 million. In May 2021, Tom sold the house for exactly $39.5 million.
Here is a tour from a past listing in video form:
He invested $11.8 million in 2018 to purchase several condo apartments in a building in Clearwater, Florida, close to the Church of Scientology’s global headquarters. To get more interesting articles, you can visit our updated official website newswatchlist.com.