Mark Wahlberg Net Worth (Money & Salary)
Mark Wahlberg Net Worth (Money & Salary)
December 1, 2024
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Mark Wahlberg’s Net Worth: How Much Does He Have?
Mark Wahlberg, the American actor, rapper, model, producer, and entrepreneur, boasts a net worth of $400 million. His career trajectory in Hollywood has been quite intriguing. Initially part of the popular group “The New Kids on the Block,” Wahlberg departed and faced a period of delinquency during his youth. After a stint in prison, he resolved to turn his life around. In the early 1990s, he embarked on a successful rap career as “Marky Mark” in the band Marky Mark and the Funky Bunch. Under this guise, he released several hit singles, including the Platinum-certified “Good Vibrations.” Simultaneously, he garnered fame through prominent Calvin Klein advertisements and a well-known Vanity Fair photoshoot. Transitioning to acting in the mid-90s under his real name, Wahlberg swiftly climbed the ranks to become an A-list actor and producer. His acting fees typically exceed $10 million per film, but he often opts for lower upfront payments in exchange for backend profit shares. To date, his movies have amassed over $5.4 billion in global box office earnings. The top-grossing film in his repertoire is “Transformers: Age of Extinction” (2014), amassing $1.1 billion worldwide. Its 2017 sequel raked in $600 million globally.
Mark Wahlberg’s notable cinematic works include “Lone Survivor,” “Patriot’s Day,” “Boogie Nights,” “Shooter,” “The Perfect Storm,” “Rock Star,” “The Italian Job,” “The Departed,” “The Other Guys,” “Ted,” and various installments of the “Transformers” franchise. Noteworthy accolades in his career include a BAFTA Award, three SAG Awards, and three Golden Globe Awards.
Of considerable significance to his net worth is Wahlberg’s thriving ventures as a sought-after entertainment producer and entrepreneur. Notably, his Wahlburgers burger chain and F45 Fitness franchise have been highly lucrative. Particularly, F45 Fitness, which went public in July 2021, has been a resounding success. Wahlberg’s early investment in the venture has translated into ownership of 8 million F45 shares. Currently, the Wahlburgers brand boasts around 50 outlets worldwide, generating annual revenues exceeding $100 million.
Birth and Youth
Mark Robert Michael Wahlberg was born on June 5, 1971, in Dorchester, Boston, Massachusetts, as the youngest of nine siblings.
Initially intended to join New Kids on the Block at the age of 13 ─ a group his older brother Donnie Wahlberg was a part of ─ Mark left the band shortly after enrollment.
Dogged by legal troubles, Mark’s teenage years were marred by criminal activities, leading to a two-year jail sentence for felony assault in 1988. Although initially sentenced for a longer term, he served only 45 days. He also engaged in racially motivated assaults against African American youths.
Marky Mark and His Musical Career
Upon release from prison, Marky Mark, with assistance from his brother Donnie, ventured back into music. His 1991 hit single “Good Vibrations,” from the album “Music for the People,” topped the Billboard Hot 100 chart and later achieved platinum status. While the subsequent album met with less success, it helped him cultivate a fan base and a reputation for his daring public antics.
Modeling for Calvin Klein
In 1992, Wahlberg’s foray into modeling commenced with Calvin Klein underwear, prominently featured on a Times Square billboard for a significant part of the year.
Evolution in Acting
The debut of Wahlberg’s acting career occurred with the TV film “The Substitute” (1993), marking the departure from his “Marky Mark” persona. While his first major movie appearance was in “Renaissance Man” (1994), it was the 1995 film “The Basketball Diaries,” alongside Leonardo DiCaprio, that garnered critical attention. Wahlberg’s starring role commenced with “Fear” (1996). The standout performance as Dirk Digler, a portrayal of the iconic porn star John Holmes in Paul Thomas Anderson’s “Boogie Nights” (1997), earned him accolades. Similarly, the film “Three Kings” (1999) earned both critical acclaim and audience appreciation.
In the 2000s, Wahlberg ventured into big-budget action films like “The Perfect Storm” (2000), “Planet of the Apes” (2001), and “The Italian Job” (2003).
His portrayal in Martin Scorsese’s thriller “The Departed” (2006) led to an Academy Award nomination for Best Supporting Actor, a Golden Globe nomination, and a National Society of Film Critics Best Supporting Actor award. Other celebrated films in his filmography include “The Happening” (2008), “The Lovely Bones” (2009), comedies “Ted” (2012) and “Ted 2” (2015), “Lone Survivor” (2013), “Transformers: Age of Extinction” (2014), “Daddy’s Home” (2015), “Deepwater Horizon” (2016), “Transformers: The Last Knight” (2017), “Instant Family” (2018), as well as upcoming works such as “Uncharted,” “Father Stu,” and “Me Time.”
Closest to the Hole Productions
Besides his acting prowess, Wahlberg shines as a prolific producer, overseeing many films in which he stars. Through his production company, Closest to the Hole, he served as the executive producer for the HBO series “Entourage” (2004-2011), loosely mirroring his own Hollywood experiences. During the series’ run, his executive producer earnings amounted to $3 million annually. He further produced the film adaptation of Entourage.
His repertoire as an executive producer extends to series like “Boardwalk Empire,” “Ballers,” and “How to Make It in America.”
Under Closest to the Hole’s banner, Wahlberg has produced numerous successful films, including “Lone Survivor,” “The Fighter,” “Deepwater Horizon,” “Instant Family,” and “Patriots Day.” Cumulatively, the films from his production house have garnered close to $900 million in worldwide box office receipts.
All the Money in the World Controversy
After the scandals involving Kevin Spacey came to light, the studio producing the J. Paul Getty biography “All the Money in the World” opted to replace and reshoot his scenes with an entirely new actor. This decision led to Mark and his co-star Michelle Williams being called back to re-enact certain scenes. An additional controversy emerged when it later surfaced that Wahlberg was paid an extra $1.5 million for his reshoots, while Michelle Williams received less than $1,000 for her efforts.
Subsequently, Wahlberg chose to donate the earnings to the Time’s Up Legal Defense Fund, a fund dedicated to supporting women who have faced workplace sexual harassment and have bravely spoken out as part of the Time’s Up movement.
Endorsements
In addition to his well-known 1992 collaboration with Calvin Klein, Wahlberg has served as a brand ambassador for various other companies. Notably, he endorsed a range of sports nutrition supplements under the health and nutrition brand GNC and signed a marketing agreement with AT&T in March 2017, reportedly securing a $10 million deal to serve as their spokesperson.
Wahlburgers
Together with his brothers Donnie and Paul, Wahlberg co-owns the burger chain Wahlburgers. The family was featured in a reality show centered around the restaurant, which aired on A&E from January 2014 to July 2019.
Currently, there are 49 Wahlburger locations globally, with the company generating over $100 million in annual revenue.
Other Investments
In July 2013, Wahlberg became a partial owner of a cricket team based in Barbados. He also enlisted rapper Sean “Diddy” Combs and billionaire investor Ron Burkle to invest in the bottled water company Aquahydrate in 2015. Additionally, he is a co-founder of the sports nutrition company Performance Inspired and participated in a $6 million funding round for the sneaker resale platform StockX in 2017. In 2018, Wahlberg and business partner Jay Feldman purchased a Chevrolet dealership in Columbus, Ohio, renaming it Mark Wahlberg Chevrolet. In 2021, Wahlberg made an investment in the Flecha Azul Tequila brand.
F45 Fitness
In March 2019, Wahlberg, along with the private equity firm FOD Capital, acquired a stake in the F45 fitness franchise. The investment pegged F45’s value at $450 million.
F45 went public on the New York Stock Exchange in July 2021, culminating in a debut with a public market cap of $1.6 billion. Wahlberg directly holds 2.2 million shares of F45 under his own name, along with 5.8 million shares through MWIG, LLC, an entity co-owned by him and several investors. At F45’s peak market cap of $1.6 billion, Mark’s stake was valued at $136 million. However, F45 faced challenges as a public company; by August 2023, amidst falling share prices, it was delisted from the New York Stock Exchange, leading to Mark’s stake dwindling to $1.2 million by April 2024.
Personal Life and Daily Routine
Mark Wahlberg and model Rhea Durham tied the knot in 2009, following their relationship’s commencement in 2001. The couple shares four children.
Known for his disciplined workout and dietary regimen, Wahlberg shared his daily routine on Instagram in October 2018:
2:30 am: wake up
2:45 am: pray
3:15 am: breakfast – “I start out with steel oats, peanut butter, blueberries, and eggs for breakfast. Then I have a protein shake — Performance Inspired Nutrition Vanilla Latte Shake — three turkey burgers five pieces of sweet potato.”
3:40 to 5:15 am: work out
“At 5:30 am: post-workout meal
“At 8 o’clock, I have about ten turkey meatballs. At 10:30, I have a grilled chicken salad with two hard-boiled eggs, olive, avocado, cucumber, tomato, and lettuce. And then at 1 o’clock, I have a New York steak with green peppers. At 3:30, I eat grilled chicken with bok choy. Lastly, at 5:30 or 6 o’clock, I enjoy a beautiful piece of halibut, cod, or sea bass, typically white fish.”
In the midst of his fitness routine and dietary commitments, Wahlberg also reserves specific times for “family time” at 11 AM and 5:30 PM, along with picking up his children from school in the afternoon.
Real Estate
In 2001, Mark acquired a property in Beverly Hills for $4.95 million. He listed this residence for sale at $30 million in 2015. The estate boasts seven bedrooms and eleven bathrooms across a 9000 square foot main house and an adjacent guesthouse, situated on nearly two acres of landscaped grounds. The property features various amenities, including a pool with a waterfall, a golf course, a spa, a basketball court, and a personalized fitness center. In April 2018, Wahlberg sold this property for $12.4 million.
For over a decade, Wahlberg’s primary residence was a lavish estate in the gated Beverly Park community of Beverly Hills. In May 2009, Wahlberg and his wife purchased one of the last undeveloped lots in Beverly Park for $8.25 million. Spanning over 6 acres, they commissioned architect Richard Landry to design a remarkable 30,000-square-foot main house. The estate boasts various amenities, including a golf course, basketball court, large pool, and a movie theater. Construction costs likely exceeded $20 million. Wahlberg placed this property on the market in April 2022 for $87.5 million. After failing to find a buyer, he relisted the estate for $79.5 million in November 2022.
In February 2023, Wahlberg successfully sold his Beverly Park mansion for $55 million. By selling the property as Nevada residents, they managed to save approximately $3.5 million in taxes compared to if they had remained in California.
In August 2022, Mark and his wife acquired two vacant lots in The Summit, an exclusive gated community in Las Vegas, for $15.6 million. While awaiting the construction of a new home, Wahlberg bought a 7,300 square-foot townhouse in the prestigious resort community of The Summit Club in Summerlin for $14.5 million. He later sold the townhouse in September 2023 for $16.6 million.
Notable Film Salaries
Mark Wahlberg is known for commanding a base salary of at least $10 million along with backend points in major film projects. Here are some of his prominent acting base salaries over the years:
- The Basketball Diaries (1995) – $60,000
Mark’s career kick-started with a supporting role in a Leonardo DiCaprio movie, “The Basketball Diaries,” for which he earned $60,000.
Much to his surprise, Wahlberg was only paid $60 thousand for his role in Fear (1996), a suspense thriller that propelled his career to new heights.
- Fear (1996) – $250,000
His paycheck saw a substantial increase with each subsequent film, such as Boogie Nights (1997) for which he earned $1 million.
- Boogie Nights (1997) – $1 million
Three Kings (1999) marked a turning point for Wahlberg, both professionally and financially, as he secured $2 million for his performance in the war story.
- Three Kings (1999) – $2 million
The Perfect Storm (2000) brought him another $1 million, whereas Wahlberg’s paycheck skyrocketed to $8 million for his role in Planet of the Apes (2001).
- Planet of the Apes (2001) – $8 million
His salary remained generous with subsequent films, reaching $10 million for The Truth About Charlie (2002).
- The Truth About Charlie (2002) – $10 million
However, Wahlberg’s earnings dipped to $500,000 for I Heart Huckabees (2004) despite the film’s critical acclaim.
- I Heart Huckabees (2004) – $500,000
He bounced back with Four Brothers (2005), securing $2 million for his role in the action-packed film.
- Four Brothers (2005) – $2 million
Wahlberg’s salary peaked at $17 million for Transformers (2014), showcasing the volatility of the acting industry.
- Transformers (2014) – $17 million
Data is from 2023 and 2024 and forecast data is for 2025 and 2026. Expanding the forecast data to 2027 and 2028.
* This information was taken from various sources around the world, including these countries:
Australia, Canada, USA, UK, UAE, India, Pakistan, Philippines, Indonesia, Nigeria, Tanzania, Kenya, US, United Kingdom, United States of America, Malaysia, U.S., South Africa, New Zealand, Turkey, United Arab Emirates.
Afghanistan, Albania, Algeria, American Samoa, Andorra, Angola, Anguilla, Antarctica, Antigua and Barbuda, Argentina, Armenia, Aruba, Australia, Austria, Azerbaijan.
Bahamas, Bahrain, Bangladesh, Barbados, Belarus, Belgium, Belize, Benin, Bermuda, Bhutan, Bolivia, Bosnia and Herzegovina, Botswana, Bouvet Island, Brazil, British Indian Ocean Territory, Brunei Darussalam, Bulgaria, Burkina Faso, Burundi.
Cambodia, Cameroon, Canada, Cape Verde, Cayman Islands, Central African Republic, Chad, Chile, China, Christmas Island, Cocos (Keeling Islands), Colombia, Comoros, Congo, Cook Islands, Costa Rica, Cote D’Ivoire (Ivory Coast), Croatia (Hrvatska), Cuba, Cyprus, Czech Republic.
Denmark, Djibouti, Dominica, Dominican Republic, East Timor, Ecuador, Egypt, El Salvador, Equatorial Guinea, Eritrea, Estonia, Ethiopia, Falkland Islands (Malvinas), Faroe Islands, Fiji, Finland, France, Metropolitan, French Guiana, French Polynesia, French Southern Territories.
Gabon, Gambia, Georgia, Germany, Ghana, Gibraltar, Greece, Greenland, Grenada, Guadeloupe, Guam, Guatemala, Guinea, Guinea-Bissau, Guyana, Haiti, Heard and McDonald Islands, Honduras, Hong Kong, Hungary, Iceland, India, Indonesia, Iran, Iraq, Ireland, Israel, Italy.
Jamaica, Japan, Jordan, Kazakhstan, Kenya, Kiribati, North Korea, South Korea, Kuwait, Kyrgyzstan, Laos, Latvia, Lebanon, Lesotho, Liberia, Libya, Liechtenstein, Lithuania, Luxembourg.
Macau, Macedonia, Madagascar, Malawi, Malaysia, Maldives, Mali, Malta, Marshall Islands, Martinique, Mauritania, Mauritius, Mayotte, Mexico, Micronesia, Moldova, Monaco, Mongolia, Montserrat, Morocco, Mozambique, Myanmar.
Namibia, Nauru, Nepal, Netherlands, Netherlands Antilles, New Caledonia, New Zealand (NZ), Nicaragua, Niger, Nigeria, Niue, Norfolk Island, Northern Mariana Islands, Norway.
Oman, Pakistan, Palau, Panama, Papua New Guinea, Paraguay, Peru, Philippines, Pitcairn, Poland, Portugal, Puerto Rico, Qatar, Reunion, Romania, Russia, Rwanda, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and The Grenadines, Samoa, San Marino, Sao Tome and Principe.
Saudi Arabia, Senegal, Serbia, Seychelles, Sierra Leone, Singapore, Slovakia, Slovenia, Solomon Islands, Somalia, South Africa, South Georgia and South Sandwich Islands, Spain, Sri Lanka, St. Helena, St. Pierre and Miquelon, Sudan, Suriname, Svalbard and Jan Mayen Islands, Swaziland, Sweden, Switzerland, Syria.
Taiwan, Tajikistan, Tanzania, Thailand, Togo, Tokelau, Tonga, Trinidad and Tobago, Tunisia, Turkey, Turkmenistan, Turks and Caicos Islands, Tuvalu, Uganda, Ukraine, United Arab Emirates (UAE), UK (United Kingdom), USA (United States of America, U.S.), US Minor Outlying Islands.
Uruguay, Uzbekistan, Vanuatu, Vatican City State (Holy See), Venezuela, Vietnam, Virgin Islands (British), Virgin Islands (US), Wallis and Futuna Islands, Western Sahara, Yemen, Yugoslavia, Zaire, Zambia, Zimbabwe.
Mark Wahlberg Net Worth (Money & Salary)