Kevin Spacey's net worth in 2024 has been significantly affected by legal and financial issues.
This article by RachelParris explores how his income from House of Cards, movie roles, and real estate investments have impacted his current financial situation.
Quick information
| truth | detail |
|---|---|
| real name | Kevin Spacey Fowler |
| popular name | Kevin Spacey |
| sex | men |
| date of birth | July 26, 1959 |
| year old | 64 years old |
| parents | Catherine Ann, Thomas Jeffrey Fowler |
| brothers and sisters | Randy Fowler |
| place of birth | South Orange, New Jersey, USA |
| Nationality | American |
| Species | not applicable |
| education | juilliard school |
| Marital status | single |
| sexual orientation | gay men |
| wife/wife | not applicable |
| children | not applicable |
| Dating | not applicable |
| net worth | -2 million USD |
| source of wealth | performance, production |
| High | 5 feet 10 inches (1.79 m) |
What is Kevin Spacey's net worth in 2024?
As of 2024, Kevin Spacey's net worth is estimated to be – $2 million. His net worth has dropped significantly from its peak of around $50 million, largely due to legal and financial problems.
For comparison, here are the net worths of some other famous figures in the entertainment industry:
- Robin Wright
- Singer Bryan
- Annette Bening
- Sam Mendes
- Brad Pitt
- Morgan Freeman
- Russell Crowe
Kevin Spacey Financial Overview
How legal issues affect his finances
Kevin Spacey's legal troubles have severely impacted his finances. Most notably, he was ordered to pay $31 million to Media Rights Capital (MRC), the company that produced House of Cards.
This judgment stems from Spacey's breach of contract due to inappropriate behavior. By early 2024, this debt has increased to 36 million USD with interest.
However, he negotiated a deal to vacate the $31 million judgment by cooperating with MRC's lawsuit against the show's insurer.
The lawsuit drained his finances and led to serious financial problems.
Revenue from “House of Cards”
Spacey earned $500,000 per episode for his role in House of Cards. Including both his acting and producing roles, his total earnings in the following seasons were approximately $20 million each.
However, he was removed from the program due to allegations of misconduct, resulting in a significant decrease in income. The show was his main source of wealth and its sudden end affected his financial stability.
Film and television revenue
Throughout his career, Kevin Spacey has earned a significant amount of money from his roles in movies and television.
Major films such as “The Usual Suspects”, “American Beauty”, “7” and “LA Confidential” have contributed significantly to his wealth.
At his peak, he could earn $10 million for starring in a blockbuster and $5 million for a supporting role. However, his career stalled following allegations of misconduct, causing his acting income to drop significantly.
real estate investment
Spacey's real estate investments also play a role in his financial story. He owns a property in Los Feliz, which he bought in 1997 for $2.135 million and sold in 2017 for $11 million.
In 2017, he bought a $5.65 million beach house in Baltimore near the House of Cards studio.
By 2022, he was in default on his mortgage, leading to a foreclosure lawsuit in 2024. His financial difficulties were compounded by his inability to pay real estate math.
Production and direction companies
In 1997, Kevin Spacey founded Trigger Street Productions to produce and develop entertainment programming across a variety of media.
Despite challenges and eventual acquisition by Relativity Media in 2016, the venture increased his income.
Additionally, his directorial projects such as Albino and Beyond the Sea, although with varying degrees of success, have also contributed to his financial investment.
theatrical contribution
Spacey's commitment to the stage, especially his role as artistic director of the Old Vic Theater from 2004 to 2015, contributed to his income.
He has received many awards from prestigious stage roles and leadership positions at the Old Vic.
Although these contributions resulted in a significant income, his stage work had less financial impact than his film and television roles.
financial problems and debt
Legal fees, settlements, and reduced operating income caused severe financial hardship for Spacey.
His debts piled up, including a $171,727 mortgage and a $43,400 HOA mortgage on his Baltimore apartment.
These financial woes have resulted in a foreclosure auction scheduled for 2024. Despite a settlement that vacated the $31 million judgment, the financial situation His general condition is still very bad.
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Kevin Spacey FAQ
What is Spacey's most famous role?
He is known for his roles in the usual suspects (1995), American beauty (1999), et card house (2013-2017). He won Oscars for “Gutter” and “Lester Burnham.”
Did he win any awards?
That's right, he's won two Oscars, a Golden Globe, and multiple Screen Actors Guild awards.
What controversies has he been involved in?
Starting in 2017, he faced multiple allegations of sexual misconduct that affected his career.
What is Spacey's background?
He was born on July 26, 1959 in New Jersey. He studied at Juilliard, began working in theater, then moved into film and television.
What other talents does he have?
He is also a skilled director and producer. he directed albino crocodile And out at seaand served as Artistic Director of the Old Vic Theatre.
How do these accusations affect his career?
The accusations led to his removal from office card house and do it again all the money in the world. His career has essentially stagnated since then.
What are some of Spacey's recent projects?
He appears in the 2022 film Peter is fifty-eight. Uncertainty remains about new projects.
Does he do any theater work?
That's right, he was artistic director of the Old Vic Theater from 2004 to 2015 and contributed to its revival.
In short
Kevin Spacey's financial history is very complicated, with many legal problems and financial mismanagement. Even though he is one of the highest paid actors in 2024, his net worth has plummeted.
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