We Now Know Why Tommy Wiseau’s Net Worth Is Only $500 Thousand

Inasmuch as he has spent close to two decades in Hollywood as an actor and filmmaker, Tommy Wiseau is not the most popular individual. His name mostly pops up when you are looking for the worst movies ever been made, thanks to his 2003 film, The Room. Despite the fact he has been involved in a lot of things, many were surprised to realize that Tommy Wiseau’s net worth is only $500 thousand. Find out why below.

Who Is Tommy Wiseau?

Tommy Wiseau is a mysterious individual and not much is known about him. Although it is known that he was born somewhere in Europe, the exact date of his birth is still unknown. According to him, he was born between 1968 and ’69, but other speculations claim he was born in the 1950s.

He lived in different parts of the world including France before finally moving to the United States where he was raised in New Orleans. He indicated that he attended Laney Community College in Oakland where he obtained a degree in psychology. He later moved to California where he took on a number of odd jobs before going on to start his retail business.

In 2003, Wiseau released his first work, The Room, which was heavily criticized but still got a huge following. Since then, he has gone on to be a part of more than 10 films, TV shows, and web shows.

What Is Tommy Wiseau’s Net Worth?

As indicated, the filmmaker has a net worth that is estimated at $500,000. Looking at where he is coming from and all he has been involved in, the net worth is far less than anyone would have expected. He has been very active as an entertainer for more than 15 years, working as an actor, writer, director, and producer.

Tommy made his fortune from his long career as an actor and filmmaker. Before becoming an actor, he has had his hands in different things after moving to the United States, where he tried to make a life for himself. To make ends meet, he sold jeans, was a restaurant busboy, as well as a hospital worker among other things.

His online merchandise is also another way through which he makes some money. He sells things like clothes for both men and women as well as other fashion accessories.

READ   These Are All The Ways Salman Khan Makes A Living, His Net Worth and Other Quick Facts

See Also: Daymond John’s Net Worth and How The FUBU Founder Made His Money

Why Tommy Wiseau’s Net Worth is Only $500 Thousand

Tommy Wiseau's net worth
James Franco (L) and Tommy Wiseau (Image Source)

Since he has been famous for a long time, it is naturally expected that his net worth would be more than what it is. However, it doesn’t always work that way. Tommy Wiseau’s net worth is only half a million because he has not made any very successful movie, neither has he been a part of any as an actor. Almost all the projects he has been involved in are mid-to-low budget projects which are not enough to make him very rich. In addition to that, his most famous work is The Room, and that is for the simple reason that the work was considered pretty bad.

It is not uncommon to find people who write, produce, direct, and act in their own movies as Tommy Wiseau. Nonetheless, what that means is that they may also finance the films either in some part or their entirety. The filmmaker has produced and directed three of his films and also two TV shows – Tim and Eric Awesome Show, Great Job! and The Neighbors.

He has put in his money made through his other films and endeavors into making these films but they have not yielded so much in return, which has not been very good for his fortune.

One more reason why his fortune is not higher than what he has at the moment is that he is not a fan of the limelight. Tommy has preferred, through the years, to maintain a quiet life, often avoiding the media and disguising himself to avoid any attention. This will not help anyone to earn much in Hollywood since being known very much can help one get the big jobs and afford good connections.

Finally, he seems not to always have the time for too many projects. Most often, Wiseau is always working on single projects. This, in part, is because he is always busy with his projects and so his inability to take on many projects at a time has not helped his net worth to rise higher than it is.

Samuel Daniel
Samuel Daniel
Samuel is a researcher and content creator who is deeply passionate about writing and singing. His expertise is in finance, celebrity profiles and net worth, creative writing, fictional character development, as well as article writing, revolving around exciting names in the world of entertainment, sports and business. Previously, he has worked as Sports and Foreign news correspondent, and voice-over expert with NTA as well as a reporter and deputy news editor for orientation broadcast studio. He holds a B.Sc in Mass Communications

Recommended

Does Bethenny Frankel Have A Boyfriend Or Husband & What Is Her Net Worth?

Bethenny Frankel's relationship status has been a hot topic of discussion since after her 2012 separation from pharmaceutical sales executive, Jason Hoppy. Frankel aka Skinny...

Does Pharrell Williams Have Wife or Kids and What is His Net Worth?

With at least 13 Grammy Awards under his belt, Pharrell Williams is an established American record producer, singer, and businessman. He began by producing...

What Happened to Mel Gibson’s First Marriage? Meet His Kids and Current Girlfriend

Being married and staying married in Hollywood can be a herculean task. When you add the baggage of struggle with alcoholism and bad press...

A Close Look At Daniel Tosh’s Net Worth, His Wife And Gay Rumors

Daniel Tosh is an American stand up comedian, actor, writer, executive producer, and television host. He is popular for his controversial style of dark...

Making Sense Of Angelina Jolie And Brad Pitt’s Divorce

No one likes divorce, but, sadly, it happens for several different reasons. Best couples are no different; we've seen marriages between lovebirds crash when...

14 Corrupt Billionaires Who Have Served Jail Time

One would like to think that being a billionaire would at least solve the problem of greed, instead, the reverse is the case for...

10 Instagram Fitness Models Who Are Raking In Millions Online

Instagram was launched only about a decade ago, but today, with its more than half a billion users, it has since joined the big...

Who Are Charles Barkley’s Wife and Kids and What is His Net Worth?

Charles Barkley is famous for being one of the most phenomenal American basketball players of all time. As an NBA player, he was nicknamed...

More From Justrichest

Inside Jay Leno’s Massive Car Collection, Net Worth & Family Life

Jay Leno is without doubt, one of the finest and most mature entertainers America has ever produced. A multiple award-winning stand-up comedian, writer, TV...

12 Biggest and Most Expensive Homes of Extravagant Footballers In 2020

The huge and decent earnings of footballers grant them the audacity to exemplify lavish spending and also enable them to sustain every aspect of...

Jessica Nigri Net Worth: How Much Money Does The Cosplayer Make?

Jessica Nigri is a well-known American cosplayer. For the benefit of those who don’t know, Cosplay is derived from the words costume and play....

20 Strongest and Most Powerful Currencies in The World (Updated 2020)

According to World Atlas, there are 180 currencies in circulation that are recognized by the United Nations across the wide world and these are...

Featured Today

What Is Wrong With Barron Trump, Is He Really Autistic? Where Is He Now?

Autism is prevalent and can affect people of all ethnic, racial and socioeconomic groups. The disorder, which limits a person's ability to relate and...

The Untold Truth of Bryan Chatfield Sanders Sarah Huckabee Sanders’ Husband

Everyone is familiar with Sarah Huckabee Sanders but not so with her husband Bryan Chatfield Sanders. As a media and political consultant, Sanders has worked...

Who Is CNN Dana Bash, What Is Her Salary & Why Did She Divorce John King?

The award-winning Dana Bash is an amazing American journalist, television anchor, and chief political correspondent for CNN. Best known for her unparallel contributions since...

Who is Zack Snyder’s Daughter Autumn Snyder and Why Did She Commit Suicide?

It could be hard to understand why someone would ever take their own life; leaving their family and loved ones to suffer in a...

Related Stories