Morgan Freeman Net Worth (Money & Salary)

Morgan Freeman Net Worth (Money & Salary)


Morgan Freeman Net Worth (Money & Salary)
February 2, 2025

What Is Morgan Freeman’s Net Worth and Salary?

With a net worth of $250 million, Morgan Freeman is a renowned American actor, film director, and narrator. For over two decades, he has been among the most celebrated and sought-after actors globally. His net worth could have been significantly higher had he not been required to pay between $100 to $200 million in a divorce settlement in 2010 to his ex-wife.

Freeman’s acting career began with theater productions, transitioning to television roles during the 1970s, which included notable appearances on “The Electric Company” and “Another World.” His breakthrough film role was in “Street Smart” released in 1987, which earned him an Oscar nomination for Best Supporting Actor.

Over his career, Freeman has taken on a diverse array of roles across many successful films. His most acclaimed works include “Driving Miss Daisy” (1989), “The Shawshank Redemption” (1994), “Se7en” (1995), “Million Dollar Baby” (2004), and “Invictus” (2009). The unique quality of his voice has also led him to become a popular choice as a narrator for various documentaries and films, including “March of the Penguins” (2005).

Freeman has earned numerous awards for his performances, including an Academy Award for Best Supporting Actor for “Million Dollar Baby,” alongside several nominations for “Street Smart,” “Driving Miss Daisy,” “The Shawshank Redemption,” and “Invictus.” His accolades also include a Golden Globe Award and a Screen Actors Guild Award, among others.

Divorce Settlement

Currently valued at $250 million, Morgan Freeman’s wealth reflects the outcome of his divorce from Myrna Colley-Lee, whom he was married to for 26 years. In 2010, he paid her between $100 to $200 million in cash and real estate. At one point, Myrna had aimed to claim as much as $400 million, citing the worth of their shared assets and his future earning capabilities.

Morgan Freeman Net Worth (Money & Salary)

Frazer Harrison/Getty Images

Early Life

Born on June 1, 1937, in Memphis, Tennessee, Morgan Freeman is the son of Mayme Edna and Morgan Porterfield Freeman, and he is the youngest of five siblings. Following his birth, his parents moved to Chicago for job opportunities while Morgan remained with his maternal grandmother in Charleston, Mississippi. After the death of his grandmother when he was six, he relocated to Chicago to live with his mother, who had separated from his father, before they eventually returned to Tennessee.

At the young age of nine, Freeman discovered his passion for acting when he starred in a school play. He completed his education at Broad Street High School in 1955 and then enlisted in the United States Air Force. After his military service, he moved to Los Angeles, where he began taking acting classes at the Pasadena Playhouse. To support himself, Morgan took a job as a transcript clerk at Los Angeles City College, while also engaging in performances as a dancer in New York City and participating in a music theater group in San Francisco.

Career

Freeman’s initial stage performance occurred in the mid-1960s in the off-Broadway play “The Niggerlovers.” He later performed with Pearl Bailey in an all-African-American Broadway production of “Hello, Dolly!” in 1968. His first role in film happened in “Who Says I Can’t Ride a Rainbow!” in 1971. He gained prominence in America through roles in the soap opera “Another World” and by appearing on “The Electric Company,” a children’s show aired on PBS.

Morgan

His theater career persisted, and in 1980, he earned the Obie Award for his lead performance in “Coriolanus.” In 1984, he won his second Obie for The Gospel at Colonus, followed by another award in 1989 for his main role in “Driving Miss Daisy,” which was later adapted for film, a project he also participated in.

The latter part of the 1980s and early 1990s marked a significant rise for Freeman, where he began landing major roles in high-budget films. He portrayed Fast Black in the 1987 movie “Street Smart,” a performance that secured him an Oscar nomination for Best Supporting Actor. In 1994, his portrayal of Red in “The Shawshank Redemption” propelled him into the realm of A-list stardom. Freeman subsequently starred in various other high-profile films such as “Seven,” “Robin Hood: Prince of Thieves,” “Deep Impact,” and “Unforgiven.”

In 2005, Freeman had a standout year. After being nominated three times before, he finally claimed the Best Supporting Actor Oscar at the 77th Academy Awards for his role in Clint Eastwood’s “Million Dollar Baby.”

That year, he was also selected to portray God in the hit movie “Bruce Almighty,” later reprising this role in its sequel, “Evan Almighty.” Additionally, he featured in Christopher Nolan’s “Dark Knight Trilogy–Batman Begins” in 2005, later returning for both sequels.

Following his role in the 2007 film “The Bucket List,” Freeman made a notable comeback to the theater by sharing the stage with Peter Gallagher and Frances McDormand in the Broadway success “The Country Girl.” He reunited with director Clint Eastwood in 2009 to portray Nelson Mandela in “Invictus,” a performance that garnered him an Academy Award nomination for Best Actor. In 2013, he starred in “Olympus Has Fallen” (followed by the sequels “London Has Fallen” and “Angel Has Fallen”) and “Oblivion.” More recent projects feature 2019’s “The Poison Rose” alongside John Travolta, the 2020 crime comedy “The Comeback Trail,” and 2021’s “Coming 2 America.”

On November 20, 2022, Freeman participated in the opening ceremony of the 2022 FIFA World Cup in Qatar alongside Ghanim Al-Muftah.

Morgan Freeman Net Worth

(Photo by Frazer Harrison/Getty Images for AFI)

Other Work

Freeman made his directing debut with “Bopha!” under Paramount Pictures in 1993. To date, his only other directing project has been three episodes of “Madam Secretary.”

Celebrated for his resonant, commanding voice, Freeman is often sought after for narration roles. In 2005, he lent his voice to “War of the Worlds” and the documentary “March of the Penguins,” later contributing to the voice work for 2014’s “Lego Movie.” He took over from Walter Cronkite as the voice intro for the CBS Evening News in 2010. Moreover, he serves as both host and narrator for “Through the Wormhole,” a physics program on the Discovery Channel. Until 2018, Freeman narrated numerous popular Visa commercials and also lent his voice to Netflix’s nature documentary series “Our Universe,” which premiered in 2022.

Morgan Freeman Net Worth

(Photo by Kevin Winter/Getty Images)

Personal Life

From 1967 to 1979, Freeman was wed to Jeanette Adair Bradshaw. He entered into his second marriage with Myrna Colley-Lee in 1984, which ended in divorce in September 2010. He is a father to four children. Tragically, his stepdaughter from his first marriage was murdered in 2015, at the age of 33, in New York City.

A near-fatal car accident occurred on the evening of August 3, 2008, close to Ruleville, Mississippi, involving Freeman. His Nissan Maxima rolled over multiple times after veering off the highway. Rescuers used the “Jaws of Life” to extract him and a female passenger, transporting them via helicopter to a hospital in Memphis. In the incident, Freeman sustained broken bones in his left shoulder, arm, and elbow. Although alcohol was not a factor in the accident, his passenger (Demaris Meyer) later filed a lawsuit for negligence, claiming he had been drinking that evening. Ultimately, the case was settled for an undisclosed sum out of court. As a result of the crash, he continues to wear a compression glove to manage his fibromyalgia symptoms.

According to a CNN report in May 2018, an investigation revealed that eight women accused Freeman of sexual harassment. Furthermore, eight additional individuals reported witnessing inappropriate conduct either on movie sets or at his production company. Following the report, Freeman issued an apology. Consequently, the Screen Actors Guild considered revoking his lifetime achievement award, but in September 2018 decided that he could keep it.

Moreover, Morgan has taken part in relief initiatives for Hurricane Katrina victims and established the Grenada Relief Fund to assist those affected by Hurricane Ivan.

In March 2019, Morgan shared that he had transformed his 124-acre farm in Mississippi into a sanctuary for bees. Additionally, Freeman maintains a residence in New York City and owns the blues club Ground Zero located in Clarksdale, Mississippi.

Morgan Freeman Net Worth (Money & Salary)

Data for the forecast extends to 2025 and 2026, initially collected from 2023 and 2024, with additional projections reaching 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.


Morgan Freeman Net Worth (Money & Salary)


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