How George Clooney Achieved an Estimated Net Worth of $500 million

You are less likely to find George Clooney appearing in a movie or TV show these days but that hasn’t stopped him from climbing up the ladder of celebrities wealth rankings. This has led many to wonder how George Clooney’s net worth grew to over $500 million.

There are a few major reasons why the actor, despite his declining number of screen appearances continues to grow in wealth. In this article, we took a deep dive to explore how he made his money, one of which is undoubtedly from his extensive filmography with over 90 movies and TV shows. Read on to learn all about how the A-list actor made his money.

How Did He Grow His Earnings From Acting?

When you are worth an estimated $500 million, there is always a starting point. For George Clooney, he started off selling women’s shoes, selling insurance, stocking shelves, working in construction and cutting tobacco after he dropped out of the University of Cincinnati where he was studying broadcast journalism.

George did not live a comfortable life working those jobs but it helped him pay his bills for some time before he veered towards acting. He got his first role as an actor in 1978, when he appeared as an extra in the miniseries, Centennial in 1978 but he struggled to get roles and did not appear in another project until 1983 when he appeared as Ron in Grizzly 11: The Concert.

Finally, in 1984, things turned for the better for George Clooney and he began to grow his net worth significantly when he began to appear as Ace in E/R. He continued to grow his earnings through appearances in several TV projects like Street Hawk, The Facts of Life, Hotel, Hunter, some of which he had a major role.

As the credits began to pile up and his filmography increased in length, so did George Clooney’s net worth as he grew in popularity and began to command higher sums in salary.

After making a name for himself in Television, he veered towards a career on the big screen and his performance on the big screen in the cult classic, From Dusk Till Dawn, transformed him into a major film star.

Despite a major setback when he played Batman in Batman & Robin, George Clooney’s rise to becoming a movie superstar continued, enough for him to build a filmography with over 90 movies and TV shows. With appearances in successful movies like Spy Kids, Ocean’s Eleven, The Perfect Storm, O Brother Where Art Thou, Michael Clayton, and several others, his status as a film star was firmly established and he began to command a lot of money in salary, rising as much as $20 million per film with back end deals.

READ   Mark Wahlberg - Net Worth in 2020, Family & House

How George Clooney Built A Net Worth of $500 million

George Clooney’s road to achieving an estimated net worth of $500 million was boosted when he established his production company, Section Eight Productions, in partnership with Steven Soderbergh. He also owns another production company, Smokehouse Pictures, in partnership with Grant Heslov.

A combination of his income through production credits as well as his salary as an actor turned George Clooney into one of the richest actors in Hollywood, owning an estimated net worth well over $100 million.

George Clooney and Rande Gerber
George Clooney and Rande Gerber (image source)

However, how he achieved an estimated net worth of up to $500 million came through his investments outside of acting. He invested in a tequila company, Casamigos, with his business partner, Rande Gerber and an unknown individual. His original investment in the company was $600,000 and the high-end tequila company grew to be very successful and both he and his partners sold the company for $1 billion to British liquor giant, Diageo.

The deal had George Clooney and his partners taking $700 million upfront and George took $233 million of it. The deal made him one of the richest actors in 2018, with $239 million in yearly income, with the rest coming from royalties for his movies and endorsements. A combination of his remaining stake in the company, his movie earnings, and the tequila investment helped George Clooney achieve an estimated net worth of $500 million.

See Also: What Is Tom Cruise’s Net Worth, How Much Does He Make Per Movie?

Additionally, he has made money from endorsement deals and commercials with brands like Fiat, Nespresso, Martini vermouth and Omega. Having been ranked one of the most influential men in the world, George has been able to command large amounts of money in endorsement deals. And as much as he makes money, he is quite liberal with giving it out. He is a renowned philanthropist and once famously gave 14 of his friends $1 million each.

Adeola Seun
Adeola Seun
Seun is a CCNA certified graduate of FUTA. He has been writing on various subjects that include finance, economics, celebrity net worth, lifestyle, biographies and politics for over 7 years, Other than writing, he enjoys movies, video games, and sports


Tfue Net Worth – How Much Money Does The Fortnite Player Make?

Twitch users, Fortnite, and eSports fans will be familiar with Turner Ellis Tenney. Better known as Tfue online, his work on the streaming platform...

Rod Stewart Net Worth – How Much Money The ‘Forever Young’ Singer Makes

Rod Stewart may be one of the greatest rock and roll singers of all time but it wasn’t easy achieving that status. As a...

Coffee Meets Bagel Net Worth and Valuation Since Appearing on Shark Tank

Our TV screens are riddled with numerous reality shows promising one thing or the other. Many have come to doubt the veracity of these...

Truth About Lil Boosie’s Net Worth and Accomplishments, Kids And Death Rumor

i Lil Boosie, now Boosie Badazz is an American rapper and actor. The gangster rapper was once worth $4 million but after he was sentenced to...

Erin Everly – Inside The Life of Axl Rose’s Former Wife

If you are familiar with the popular rock star and the lead singer of the hard metal rock band known as Guns N’Roses, then...

A Reveal of Greta Thunberg’s Net Worth and How The Activist Gets Money

Greta Thunberg is a young activist who has defied all odds to make her voice heard across the globe with her awareness about the...

Bob Dylan Net Worth – How Much Money Does The ‘Like A Rolling Stone’ Singer Make?

Not many songwriters can say they have won the Nobel Prize in Literature. Indeed, not many singers can say they have sold nine-figures worth...

Untold Truth Of About Axl Rose Of Guns N’ Roses

Axl Rose is an American singer-songwriter and musician. He is best known as the lead singer of the highly successful rock band Guns N'...

What Is Bruce Willis Net Worth and Who Are His Family Members?

Bruce Willis is a well known Hollywood action movie star. With over 3 decades and counting in the industry, the Die Hard star has shown...

Bill O’Reilly Personal Life and Career, Net Worth, and Why He Divorced His Wife

Bill O'Reilly is an American political commentator, journalist, television host, syndicated columnist, and bestselling author. He is best known for his eponymous Fox News...

Details of Gwen Stefani’s Husband (Blake Shelton), Kids and How She Achieved Her Net Worth

Award-winning singer and songwriter Gwen Stefani who first gained popularity in the 1990s as the lead singer of "No Doubt" went on to have...

Lil Baby Net Worth 2020 – How Much Money the “Drip Too Hard” Rapper Makes

Ever since he broke into the music scene in 2017, rapper, Lil Baby has enjoyed a type of meteoric rise that most musicians can...

Featured Today

Get To Know Santtu Seppälä (Sarah Rafferty’s Husband) With These 6 Facts

Santtu Seppälä is the husband of the famous stage and TV actress Sarah Rafferty who is also noted for being a former colleague and...

Who Is Sandra Otterson? Her Personal Wealth, Life and Quick Facts

American adult star, Sandra Otterson, currently based in Arizona, USA has is worth about $5 million. Background and Career Sandra Otterson, popular with the name ‘Wifey‘...

Is Jamie Clayton Transgender? What Was She Like As A Boy?

Fame they say doesn’t come by age; Jamie Clayton is a clear proof to that fact. The American actress garnered fame in her thirties...

The Real Reason Brendan Fraser Divorced His Wife – Afton Smith

Every love affair has a happy beginning but that is not often the case at the end. So, it is hardly any news that...

Related Stories