Morgan Freeman Net Worth

Updated On March 18, 2024 | Published By: sofi | In Net Worth

Morgan Freeman's Net Worth

As of 2022, Morgan Freeman has a Net Worth of $ 250 Million Dollars.
Morgan’s current net worth would be far higher if he hadn’t been forced to pay a $100 million to $200 million divorce settlement to his ex-wife in 2010.
Myrna had demanded as much as $400 million at one time, based on the value of their holdings and his future earning potential.

Table of Contents

What is Morgan Freeman’s Net Worth and Salary? (Updated 2022)

Morgan Freeman is a $250 million dollar net worth American actor, film director, and narrator. He has been one of the world’s most famous and in-demand performers for over 20 years. Morgan’s present net worth would be significantly higher if he hadn’t been forced to pay his ex-wife a $100 million to $200 million divorce settlement in 2010.

Net Worth:	$250 Million
Date of Birth:	Jun 1, 1937 (85 years old)
Place of Birth:	Memphis
Gender:	Male
Height:	6 ft 2 in (1.88 m)
Profession:	Actor, Film Producer, Television producer, Voice Actor, Presenter, Film director, Businessperson
Nationality:	United States of America

Early Life

Morgan Freeman was born on June 1, 1937, in Memphis, Tennessee, to Mayme Edna and Morgan Porterfield Freeman. He is the youngest of five siblings. Morgan’s parents moved to Chicago to find work shortly after his birth, and he stayed with his maternal grandmother in Charleston, Mississippi. When he was six, his grandmother died, and he traveled to Chicago to be with his mother, who had recently divorced his father. They eventually returned to Tennessee.

When Freeman was nine years old, he got the acting bug and played the lead in a school play. In 1955, he graduated from Broad Street High School and enlisted in the United States Air Force. After serving in the military, he relocated to Los Angeles and began taking acting classes at the Pasadena Playhouse. Morgan worked as a transcript clerk at Los Angeles City College to make ends meet. At the same time, he was frequently going throughout New York City and to San Francisco, where he worked as a dancer and as a member of a music theater group.

Career

Theatre Work

In the mid-1960s, Freeman appeared in an off-Broadway production of a play called The Niggerlovers, and then in an all-African-American Broadway production of Hello, Dolly! alongside Pearl Bailey in 1968. Who Says I Can’t Ride a Rainbow? was his debut cinematic appearance. In 1971. Morgan became well-known in the United States as a result of his work on the soap opera Another World and his performances on The Electric Company, a PBS children’s show.

He continued to work in theater and got an Obie Award for his performance in Coriolanus in 1980. He won his second Obie in 1984 for The Gospel at Colonus, and he won it again in 1989 for his main part in Driving Miss Daisy (later adapted for the cinema, which he also directed).

Film Career

Freeman’s career took off in the late 1980s and early 1990s when he began starring in big-budget films. Morgan played Fast Black in the 1987 film Street Smart, for which he received an Oscar nomination for Best Supporting Actor. He rose to prominence after landing the part of Red in The Shawshank Redemption in 1994. Moreover, he went on to appear in several additional major motion pictures, including Seven, Robin Hood: Prince of Thieves, Deep Impact, and Unforgiven.

2005 was a watershed moment for Freeman. Morgan received the Best Supporting Actor Oscar at the 77th Academy Awards after three previous nominations for his work in Clint Eastwood’s Million Dollar Baby.

He was chosen to play God in the hit film Bruce Almighty in 2005. (and later, the sequel Evan Almighty.) In 2005, he also appeared in Christopher Nolan’s Dark Night Trilogy-Batman Begins. He later reprised his part in the two sequels.

Following his role in The Bucket List in 2007, Freeman made a huge comeback to the stage, co-starring with Peter Gallagher and Frances McDormand in the Broadway blockbuster The Country Girl. In 2009, he collaborated with filmmaker Clint Eastwood to play Nelson Mandela in Invictus, for which he received an Academy Award nomination for Best Actor. He starred in Olympus Has Fallen (and its sequel, London Has Fallen, in 2016) and Oblivion in 2013.

The life of a legend! Morgan Freeman’s acting and his other talents and skin condition-Dermatosis Papulosa Nigra! — Source: YouTube (Morgan Freeman dancing)

Other Work

Morgan made his directorial debut with Paramount Pictures’ “Bopha!” in 1993. His sole other directing work to date has been for three episodes of Madam Secretary.

He narrated War of the Worlds and the documentary March of the Penguins in 2005, and he later provided voice work for the 2014 film The Lego Movie. In 2010, he took over as the voice entrance for the CBS Evening News from Walter Cronkite. He also hosts and narrates the Discovery Channel physics show “Through the Wormhole.” Until 2018, Freeman provided narration for a number of popular Visa ads.

10 Hollywood celebrities who are known to be suffering from the medical condition called fibromyalgia! — Source: MD Junction (Morgan Freeman and his thoughts oh his fibromyalgia condition)

Personal Life

From 1967 to 1979, Freeman was married to Jeanette Adair Bradshaw. In 1984, he married Myrna Colley-Lee, with whom he divorced in September 2010. He has four kids. His first marriage’s stepdaughter was tragically murdered in New York City in 2015. She was 33 years old at the time.

On the night of August 3, 2008, near Ruleville, Mississippi, Freeman was involved in a near-tragic vehicle accident. After going off the roadway, his Nissan Maxima overturned several times. Paramedics used the “Jaws of Life” to rescue Him and a female passenger, and flew them to a hospital in Memphis by helicopter. In the incident, Freeman shattered his left shoulder, arm, and elbow.

Although alcohol was not found to be a factor in the incident, his passenger (Demaris Meyer) later sued him for negligence, claiming he had been drinking that night. An unknown sum was paid to settle the lawsuit out of court.

CNN released the findings of an inquiry in which eight women accused Freeman of sexual harassment in May 2018. Eight more people came forward to say they had seen inappropriate behavior on film sets or at his production company. Following the publication of the study, Freeman made an apology.

As a result, the Screen Actors Guild considered removing Freeman’s Lifetime Achievement award but decided in September 2018 that he could keep it.

Freeman was involved in relief operations for Hurricane Katrina victims, and he established the Grenada Relief Fund to assist Hurricane Ivan victims.

Morgan disclosed in March 2019 that he had turned his 124-acre farm in Mississippi into a bee sanctuary.

Divorce Settlement

Morgan Freeman’s net worth now is $250 million, however, includes a payment of $100-200 million in real estate and cash to his ex-wife of 26 years, Myrna Colley-Lee, in 2010. Myrna had demanded as much as $400 million at one time, based on the value of their holdings and his future earning potential.

Disclaimer Statement: Married Biography's editors wrote and updated all of this data based on their best knowledge and understanding. If any mistakes are found, please use our email to report this content and images.