Jon Favreau Net Worth (Money & Salary)

What is Jon Favreau’s Net Worth?

Jon Favreau, known as an American actor, director, screenwriter, voiceover artist, and producer, has amassed a net worth of $200 million. He is primarily celebrated for his direction in the “Iron Man” franchise, “Elf” (2003), and “The Lion King” (2019). Furthermore, Favreau wrote and starred in films such as “Swingers” (1996), “Made” (2001), “Couples Retreat” (2009), and “Chef” (2014), along with having a recurring role as Pete Becker, Monica Geller’s millionaire boyfriend on “Friends.”

Additionally, Jon is recognized for lending his voice to various projects, including “Open Season” (2006), “G-Force” (2009), “Solo: A Star Wars Story” (2018), and was involved in “Star Wars: The Clone Wars” (2010-2013). He created “The Mandalorian,” a “Star Wars” TV series that debuted on Disney+ in 2019, as well as “The Book of Boba Fett” in 2022. Jon is the owner of two production companies: Fairview Entertainment and Golem Creations.

Disney Contract

In 2019, Jon entered into a contract with Disney worth $125 million spanning five years to produce shows and films. This agreement was reportedly enhanced due to the nature of the projects, most of which would not be released theatrically, resulting in Jon lacking opportunities to earn backend bonuses.

Early Life

Jonathan Kolia Favreau, known as Jon, was born on October 19, 1966, in Flushing, Queens, New York. His mother, Madeleine, who taught elementary school, sadly passed away from leukemia in 1979. His father, Charles, was a special education teacher. Jon attended The Bronx High School of Science, a school for gifted students, graduating in 1984. He initially enrolled at Queens College as a pre-engineering student but dropped out in 1987 to work at Bear Stearns. During his time at Queens College, Favreau was engaged with the Center for Human Relations and the College Union Program Board and served as the chairman of the Freshmen Weekend committee. Jon returned to college briefly in 1988 but then left again, moving to Chicago that summer to perform with improv groups such as the Improv Institute and ImprovOlympic.

Career

Favreau’s acting career began in 1992 when he was cast in the biographical football drama “Rudy,” filmed in Illinois and Indiana, where he met Vince Vaughn, who would become a close friend and frequent collaborator. His appearances in “PCU” in 1994 and as Eric the Clown in a “Seinfeld” episode followed. After moving to Los Angeles, he wrote the screenplay “Swingers,” which became a successful film featuring Jon and Vince in 1996. The film garnered acclaim from both critics and audiences, earning director Doug Liman an MTV Movie Award for Best New Filmmaker. In the following year, Favreau appeared in six episodes of “Friends” and played roles in the 1998 science fiction film “Deep Impact” and the black comedy “Very Bad Things.” He portrayed the title character in the 1999 TV movie “Rocky Marciano,” then appeared in the football comedy “The Replacements” in 2000 and made a guest appearance as himself on “The Sopranos.” In 2001, Jon rejoined Vaughn for “Made,” a film he not only wrote and directed but also produced, with Vince serving as a producer as well.

directed an episode of the Fox series “Undeclared,” created by Judd Apatow, and started hosting “Dinner for Five,” a show that continued airing until 2005 on the Independent Film Channel.

In 2003, Favreau featured in “Daredevil,” “The Big Empty,” and “Something’s Gotta Give.” He also took on the role of director for “Elf,” starring Will Ferrell and Zooey Deschanel, which achieved a global gross of $220 million and swiftly became a Christmas favorite. In 2005, Jon directed “Zathura: A Space Adventure,” which, despite receiving good reviews, earned $64.3 million, slightly under its budget of $65 million. The following year, in 2006, he collaborated again with Vaughn for “The Break-Up,” voiced Reilly the beaver in “Open Season,” and made guest appearances on “My Name Is Earl” and “Monk.” Jon then marked his entry into the Marvel universe with “Iron Man” in 2008, a film that amassed $585.3 million worldwide; he followed this with the even more successful “Iron Man 2” in 2010, which grossed $623.9 million globally. While he did not return to direct 2013’s “Iron Man 3,” he produced all three films in the series and appeared as Happy Hogan, the driver of Tony Stark. He additionally had a hand in producing Marvel’s “Avengers: Age of Ultron” (2015), “Avengers: Infinity War” (2018), and “Avengers: Endgame” (2019), as well as reprising the role of Happy Hogan in “Spider-Man: Far From Home” (2019) and “Spider-Man: No Way Home” (2021).

Favreau once more collaborated with Vince Vaughn for “Four Christmases” (2008) and “Couples Retreat” (2009), a project co-written by Jon, Vince, and Dana Fox. He directed and produced “Cowboys & Aliens” in 2011, a film that grossed $174.8 million worldwide, surpassing its budget by just $11.8 million. Following this, Jon’s 2014 film “Chef,” which he also wrote, starred in, and produced, earned largely positive reviews and was honored with an award at the Tribeca Film Festival as well as an AARP Movies for Grownups Award. In 2016, he helmed “The Jungle Book,” which achieved a remarkable gross of $966.6 million. This film became the highest-grossing project Jon had directed until the release of “The Lion King” in 2019, which astonished audiences with a gross of $1.657 billion, setting records as the highest-grossing animated film, musical film, remake, and Disney film ever. Additionally, in 2019, Favreau began co-hosting “The Chef Show” alongside Roy Choi on Netflix, and “The Mandalorian” debuted on Disney+, where Jon assumed roles as writer, director, and executive producer. “The Book of Boba Fett” was released on Disney+ in 2021, and in 2022, Favreau produced the documentary series “Prehistoric Planet” for Apple TV+.

Personal Life

On November 24, 2000, Jon married Joya Tillem, and the couple welcomed their son Max in July 2001, their daughter Madeleine in April 2003, and another daughter, Brighton, in August 2006. Favreau enjoys playing poker and participated in “Celebrity Poker Showdown” in 2004, competing for charity against fellow participants including Andy Richter, Maura Tierney, Tom Everett Scott, and James Blake.

Awards and Honors

For his contributions, Favreau has garnered several accolades, such as a Florida Film Critics Circle Award in 1997 for “Swingers” and an Audience Award at the Tribeca Film Festival in 2014 for “Chef.” In 2016, he…Jon Favreau won the Hollywood Film Award for “The Jungle Book” and the CinEuphoria Award in 2020 for “The Lion King.” In 2019, he was awarded the Visionary Award by the Academy of Science Fiction, Fantasy & Horror Films, a decade after receiving the Best Director award for “Iron Man.” The Visual Effects Society honored him with a Lifetime Achievement Award in 2018, and in 2019, he was named a Disney Legend. On February 13, 2023, Favreau was honored with a star on the Hollywood Walk of Fame.

Real Estate

Santa Monica: A three-property compound in Santa Monica belongs to Jon and his wife Joya, a collection they assembled through three separate transactions costing a total of $7 million from 2002 to 2021.

Venice: Favreau acquired the former Allan’s Aquarium in Venice, California, in 2016 for $5.25 million, which included an adjacent residence. This location serves as the headquarters for his production company.

Laguna Beach: In May 2021, Jon purchased an 8,600-square-foot mansion in a gated community named Irvine Cove in Laguna Beach, California, for $24.3 million.