Tom Hanks' Net Worth is The Green Mile

Tom Hanks started as an actor with a natural ability to be likable on camera. His first film was a horror movie, released in 1980, called He Knows You’re Alone. Even though he is only in the movie for about four minutes, the audience liked him and so did other directors. 

In the same year that his first film came out in 1980, he landed a role in the television sitcom called Bosom Buddies. In the show, Hanks plays a man in New York who, along with his male friend, cross dresses to impersonate females to be able to live in a women-only building. Anyone who ever tried to find an apartment in New York understands this premise and what they go through is hilarious including making friends as girls with other women in the building and dating those same women as men.

Hanks' big film break came next with a co-starring role in Splash directed by Ron Howard, which made $70 million at the box office. That success was followed by many other films over the following decade including the comedy hits of Bachelor Party (1984), The Money Pit (1986), Big (1988), Turner & Hooch (1989), and Sleepless in Seattle (1993) plus a half a dozen more.

Hanks won back-to-back Oscars and Golden Globes for Best Actor for Philadelphia released in 1993 and for Forrest Gump released in 1994. He is number one on the list of the actors with the highest total box office proceeds over his career. Hanks starred in 17 movies with worldwide box office results of over $100 million. In 1999, The Green Mile made $290 million at the box office. His worldwide box office total, for all the films he acted in, is over $10 billion.

As his career advanced, he stopped personally appearing in films in 2009, except for the voiceovers he did as the character Woody for the Toy Story franchise films. He became a producer, director, and writer as well. 

He was the producer for the Band of Brothers, which was an HBO mini-series that won a Golden Globe in 2002. He also produced the successful mini-series called The Pacific in 2011, which also won a Golden Globe for Hanks. So far, he won six Emmys for his television projects. 

Tom Hanks’ net worth reflects just how well he has done after he expanded his efforts from simply acting to producing. After a long hiatus as an actor, he returned to the silver screen in 2019, playing Mr. Rogers in A Beautiful Day in the Neighborhood.

The estimate for Tom Hanks’ net worth in 2023 is $400 million. He compares equally to the richest celebrities like Arnold Schwarzenegger and another highest net worth actor Leonardo DiCaprio.

Hanks is as talented as another richest actor Matthew McConaughey. With McConaughey, he shares the credo of having created an amazing performance of a character with AIDS by having to lose so much weight to be in the film Philadelphia, like McConaughey did in Dallas Buyer’ Club.

Hanks’ net worth is much higher than other famous stars like Angelina Jolie at $100 million and much more than Johnny Depp who lost everything by over-spending.

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Tom Hank’s Net Worth From Real Estate

About $150 million of Tom Hank’s net worth is in real estate. He made some wise investments, like the house he bought on the beach in the exclusive Malibu Colony for $2.95 million in 1991 that is worth more than $20 million now.

He bought his primary residence for $26 million in 2010. It is in Pacific Palisades. He lives there with his wife Rita. They like the neighborhood and buy other homes in Pacific Palisades for investment purposes. They own five more homes in Pacific Palisades. They also own the most expensive home in Florida. The Hanks have a ski vacation home in Sun Valley Idaho. 

In 2017, they sold two smaller homes for a total of $18 million that they own near where they live that were built on adjacent lots. The buyer wanted to build a big mansion, so he tore down the homes and started construction on a newer, bigger one. That was a nice payday for the Hanks family.

The Typewriter Collection

Hanks was born in Concord, California on July 9, 1956. He was raised in northern California during a time of turmoil in the 1960s and 1970s. His parents got divorced. He lived with his father who did many jobs to survive. They moved a lot and Hanks often had to leave his stuff behind.

The New York Times reports that he got his first typewriter in 1975 when he was 19 years old. It became his prized possession. He loved the combination of the engineering and creative artistry of what came out of the machine. 

Fun fact: Abraham Lincoln

The Daily Mail says that Tom Hanks is related to President Abraham Lincoln. Abraham Lincoln’s mother, Nancy, had the maiden name of Hanks, which is the same family that Tom is a descendant of making him a cousin four-steps-removed from President Lincoln.
 
When Hanks is asked about this connection to one of America’s greatest presidents, he says that his family was related to the poor side of the family. A typical Tom Hanks' response, which makes this even more charming.

After being able to hold on to that first one, he started collecting typewriters. He has hundreds of them now. He loves the feeling of a typed page and thinks each page is a piece of art because it is unique.

When he cannot bring one of his bulky typewriters along on a film set, he types on his laptop and uses a font that makes it look like the page is written by a typewriter, when it is printed out. If the electrical power grid goes down for any significant period, then, he has his manual typewriters that would still work, and he could continue to write creative things.

Tom Hanks’ Trivia

Hanks lost 37 pounds to star in the film Philadelphia and play a man with AIDS. The performance won him an Oscar.

Forrest Gump almost did not get finished. The film ran seriously over budget. Hanks decided to forgo his salary of $7 million to help the film get done. He exchanged his $7-million salary for first-in gross points, which means a percentage of the money that comes from the distribution before any other expenses are taken out by the studio. For this deal, he ultimately made about $70 million! That helped Tom Hanks’ net worth go up significantly.

Hanks is only one of five actors to win back-to-back Oscars. He won an Oscar for Philadelphia (1993) and Forrest Gump (1994). The others on this shortlist include: 

  • Luise Rainer for The Great Ziegfeld (1936) and The Good Earth (1937)

  • Spencer Tracy for Captains Courageous (1937) and Boys Town (1938)

  • Katherine Hepburn for Guess Who's Coming to Dinner (1967) and The Lion in Winter (1968)

  • Jason Robards for All the President's Men (1976) and Julia (1977)

For his excellent portrayal of an Army captain in Saving Private Ryan, Hanks was awarded an honorary membership in the United States Army Rangers Hall of Fame. He is the first movie star to be given this honor.

Filmography

Tom Hanks has been in over 70 film/television projects as an actor and worked on over 60 projects as a Producer/Director/Writer. His filmography is stunning in the sheer number of successful projects that he has done.

Actor Credits

· Asteroid City 2023

· A Man Called Otto 2022

· Pinnochio 2022

· Elvis 2022

· Finch 2021

· News of the World 2020

· BIOS 2020

· Greyhound 2020

· A Beautiful Day in the Neighborhood 2019

· Toy Story 4 2019

· The Post 2017

· The Circle 2017

· Inferno 2016

· Sully 2016

· A Hologram for the King 2016

· Ithaca 2015

· Bridge of Spies 2015

· Saving Mr. Banks 2013

· Captain Phillips 2013

· Cloud Atlas 2012

· Extremely Loud & Incredibly Close 2011

· Larry Crowne 2011

· Toy Story 3 2010

· Angels & Demons 2009

· The Great Buck Howard 2008

· Charlie Wilson's War 2007

· The Simpson's Movie 2007

· The Da Vinci Code 2006

· Cars 2006

· The Polar Express 2005

· Elvis Has Left the Building 2004

· The Terminal 2004

· The Ladykillers 2004

· Catch Me If You Can 2002

· Road to Perdition 2001

· Cast Away 2000

· The Green Mile 1999

· Toy Story 2 1999

· You’ve Got Mail 1998

· Saving Private Ryan 1998

· That Thing You Do! 1996

· Toy Story 1995

· Apollo 13 1995

· Forrest Gump 1994

· Philadelphia 1993

· Sleepless in Seattle 1993

· A League of Their Own 1992

· The Bonfire of the Vanities 1990

· Joe Versus the Volcano 1990

· Turner & Hooch 1989

· The 'Burbs' 1989

· Punchline 1988

· Big 1998

· Dragnet 1987

· Every Time We Say Goodbye 1986

· Nothing in Common 1986

· The Money Pit 1986

· Volunteer 1985

· The Man with One Red Shoe 1985

· Bachelor Party 1984

· Splash 1984

· Bosom Buddies (TV series) from 1980 to 1982

· He Knows You're Alone 1980

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Produce Your Wealth Like Tom

Producer Credits

Some upcoming projects with Tom Hanks as a Producer are A Man Called OveNo Better Place to Die, and In the Garden of Beasts. Here are his television and film projects where he is credited as the producer or executive producer.

Television

· Master of the Air (mini-series) to be released

· Norman Lear: 100 Years of Music & Laughter 2022

· 1883 2021

· Big City Greens 2020

· The Movies (documentary series) 2019

· The 2000s (documentary series) 2018

· 1968: The Year That Changed America (documentary series)

· The Nineties (documentary series) 2017

· The Eighties (documentary series) 2017

· The Seventies (documentary series) 2015

· The Sixties (documentary series) 2014

· The Concert for Valor (TV special) 2014

· The Assassination of President Kennedy (TV documentary) 2014

· He Has Seen War (TV documentary) 2011

· Game Changer (TV movie) 2011

· The 3-Minute Talk Show (Tv series) 2011

· Big Love (TV series) from 2006 to 2011

· The Pacific (TV mini-series) 2010

· John Adams (TV mini-series) 2008

· Big Love: In the Beginning (TV series) 2007

· Neil Young: Heart of Gold 2006

· We're with the Band 2005

· My Big Fat Greek Life (TV series) 2003

· We Stand Alone Together (TV documentary) 2001

· Band of Brothers (TV series) 2001

· West Point (TV series) 2000

· American Experience (TV documentary series) 2000

· From the Earth to the Moon (TV mini-series) 1998

Films

· News of the World 2020

· Greyhound 2020

· Mamma Mia! Here We Go Again 2018

· Mark Felt: The Man Who Brought Down The White House 2017

· My Big Fat Greek Wedding 2 2016

· Ithaca 2015

· Parkland 2013

· Larry Crowne 2011

· Where the Wild Things Are 2009

· My Life in Ruins 2009

· City of Ember 2008

· Mamma Mia! 2008

· The Great Buck Howard 2008

· Charlie Wilson's War 2007

· Evan Almighty 2007

· Starter for 10 2006

· The Ant Bully 2006

· The Polar Express 2004

· Connie and Cara 2004

· My Big Fat Greek Wedding 2002

· Cast Away 2000

Tom Hanks is Nice

Just as big as the massive size of Tom Hanks' net worth is his big heart. He is known to be very kind to strangers like helping return lost items to their owners by using his social media influence. 

The reporter from the New York Times story said that Hanks arrived early for the interview to promote his newest film A Beautiful Day in the Neighborhood, and was waiting patiently chatting with others in the waiting area. Other movie stars typically arrive up to many hours late.

It is no wonder that they wanted Tom Hanks to play Mr. Rodgers. They are cut from the same cloth and are even distant relatives. Hanks is a super nice person.

The worse thing that ever made him tabloid fare was the divorce from his first wife Samantha Lewes in 1987, after being married for about nine years. They had two children together. When asked about this, he simply says, “Yes, I got divorced.” without going into any further details. 

About one year after his divorce, Tom 1988, he got married a second time to his current wife Rita Wilson, and they have been happily married ever since. They have two children together.

If you are looking for other scandals, Hanks' life does not have any. He is a very sincere person, kind to just about everyone he meets, and enjoys his life with his wife and his extended family of four children. He recently became a grandfather. Steven Spielberg once said that if the famous American painter Norman Rockwell were alive today, he would paint Tom Hanks.

The Mandela Effect

The Mandela Effect is the name given to the bizarre phenomenon of massive misremembering of something from the past. Many people remember that Nelson Mandela went to prison for decades in South Africa. Some also clearly remember the news announcement that Nelson Mandela died while in prison. This is a false memory. Nelson Mandela was released from prison after more than twenty-seven years. Then, soon after he was released from prison he became the President of South Africa.

Tom Hanks is involved in creating a Mandela Effect from his catchphrase used in the film Forrest Gump, that he says when he is sitting on a bus-stop bench eating candy.

Which of these two quotes below is the correct one that Tom Hanks’ character, Forrest Gump, actually says in the film?

a) “Life is like a box of chocolates. You never know what you gonna get.”

b) “Life was like a box of chocolates. You never know what you gonna get.”

Did you choose a) “is” or b) “was”? 

Here is the scene from Forrest Gump if you want to check it for yourself.

He actually says, “My momma always said, ‘Life was like a box of chocolates. You never know what you gonna get.’” He is referring to something that his mother said to him in the past, so he uses the past tense of the verb. However, almost everyone remembers the phrase, “Life is like a box of chocolates.” That is what is repeated by many people when talking about this scene and it is even used to name the YouTube clip of the scene. It is a pervasive Mandela Effect.

For Hanks, life is like a box of very valuable chocolates with one major success after another coming to build up Tom Hank’s net worth.

Conclusion

Tom Hanks' net worth will likely continue to grow because he has the uncanny ability to pick great projects to work on and almost everyone in the business wants to work with him. As he gets older, he is increasing his philanthropic efforts. He uses some of his money to support environmental causes and likes to drive in electric vehicles to encourage people to buy them. Elon Musk, if you are listening, make Tom Hanks your celebrity spokesperson for the Telsa electric vehicles. Dress him up as Mad Max for a Telsa Cybertruck promotion. It would be hilarious. 

When he was a kid, Tom Hanks wanted to grow up and become an astronaut. Instead, he has to settle for his stellar career as an actor, producer, director, and writer. No matter what, it always seems to be a wonderful day in Tom Hanks’ neighborhood.

Other Actors’ and Actresses’ Net Worth

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