Tom Cruise is an American actor and producer who has an estimated net worth of $600 million according to Celebrity Net Worth. Tom Cruise has been in scores of major blockbuster films over the last three decades and is widely regarded as one of Hollywood’s biggest performers. He is also one of the world’s highest-paid and wealthiest celebrities.
Tom Cruise films have grossed $9.5 billion at the global box office as of this writing. Surprisingly, over the majority of his career, none of Tom’s pictures made more than $1 billion. Prior to June 2022, his highest-grossing film was 2018’s “Mission: Impossible – Fallout,” which grossed $800 million worldwide. Thanks to “Top Gun,” Tom eventually reached the billion-dollar threshold after the weekend of June 25/26, 2022.
Early Life of Tom Cruise
Thomas Cruise Mapother IV was born in Syracuse, New York on July 3, 1962. His father was an electrical engineer, while his mother was a special education teacher. Tom has three younger sisters. His first cousin, William Mapother, went on to become an actor and has participated in a number of productions alongside Tom.
Tom Cruise spent his childhood travelling throughout the country, including a brief period in Canada after his father was hired by the Canadian Armed Forces. Later, Tom said that his father was a bully who abused Tom and his brothers. In 14 years, he attended 15 schools.
Tom didn’t always envision himself as an actor. Even though he took theatrical classes in middle school, he was more of a jock. After a knee injury drove him from the wrestling team in high school, he switched to acting. Cruise joined a theatre group and swiftly landed the main part in their performance of Guys and Dolls.
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Despite receiving favourable feedback and encouragement for his acting abilities, Tom remained uninterested. He did attend the St. Francis Seminary in Cincinnati, wanting to become a Franciscan priest. He got kicked out of seminary school for drinking. In 1980, Tom graduated from Glen Ridge High School in New Jersey.
Tom Cruise’s Career
After high school, Cruise came to New York City to pursue a career as an actor. He quickly relocated to Los Angeles to audition for television parts.
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Tom made his cinematic debut in 1981 with a tiny role in “Endless Love.” That same year, he received critical acclaim for his performance in “Taps.” Tom was also signed by the big talent agency CAA as a result of this work. A CAA representative called Paula Wagner pitched Tom to the agency’s managing partner, Michael Ovitz. Tom would not only become a lifetime CAA client but he and Paula would also start Cruise/Wagner Productions in the early 1990s. Tom earned further acclaim with “The Outsiders.”
Achievements by Tom Cruise
Tom made a name for himself in the comedy-drama “Risky Business” in 1983. Risky Business grossed $64 million on a $6 million budget and inspired a lot of cultural touchstones. The film established Cruise as a rising star and garnered him his first Golden Globe nomination.
With the phenomenal success of 1986’s “Top Gun,” Tom Cruise became one of the world’s most recognized performers. Top Gun made $360 million worldwide, making it the year’s highest-grossing picture. That same year, he co-starred in “The Color of Money” with Paul Newman. The hits kept coming with the release of “Cocktail” and “Rainman” in 1988. Rain Man received four Academy Award nominations. With “Born on the Fourth of July,” Cruise received his first Academy Award nomination a year later.
In 1996, Tom Cruise starred in and produced the smash hit “Mission: Impossible,” which made $457 million worldwide and spawned numerous lucrative sequels. The same year, Tom appeared in another global sensation, “Jerry Maguire,” which grossed $275 million on a $50 million budget and got him an Oscar nod for Best Actor. Cuba Gooding, Jr., his co-star, won the Oscar for Best Supporting Actor.
Some of the Highest-grossing Films of Tom Cruise
- Mission: Impossible – Rogue Nation (2015) ($690 million)
- $700 million for Mission: Impossible – Ghost Protocol (2011)
- $800 million for Mission: Impossible – Fallout (2018)
- Top Gun: Maverick (2022) – $1 billion or more
Milestones in Salary and Earnings
Tom received a total of $70 million for his contributions to the first Mission Impossible film. Mission Impossible 3 made him $75 million. Tom’s two highest-grossing films to date are Mission Impossible 2 in 2000 and War of the Worlds in 2005. Because of lucrative backend points, he received $100 million on EACH film. Tom Cruise ranks three times among the top ten highest-paid actors of all time (for a single film). His previously reported $100 million paydays are third and fourth in the world, trailing only Bruce Willis’ $105 million Sixth Sense payday and Keanu Reeves’ $156 million Matrix payday.
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Tom made $445 million in film earnings between 1983 and 2011. He most likely made another $300 million between 2011 and 2019, putting his total career earnings (pay and bonuses) between 1983 and 2019 to $745 million.
Top Gun Earnings by Tom Cruise
If Top Gun- Maverick grosses $1 billion at the box office and Tom receives 10% of the first dollar gross, he will earn around $60 million. He’ll profit roughly $120 million if he owns a 20% stake. If he had a 20% stake, and when streaming revenues are included, Tom might make over $200 million, which is approximately 100 times his initial Top Gun contract.
Personal Life of Tom Cruise
Tom has had multiple marriages. From 1987 until 1990, he was married to actress Mimi Rogers. Mimi was the one who first introduced Tom to Scientology. From 1990 to 2001, Tom was married to Nicole Kidman and From 2006 to 2012, he was married to Katie Holmes.
According to sources at the time of their divorce, Tom had a net worth of $250 million when they married, while Katie had a net worth of less than $10 million. Tom insisted on a good prenuptial agreement since he had a lot more to protect.
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The rules of their divorce mandated Tom pay Katie $400,000 in child support every year for the next 12 years (until the year 2024). That works up to $33,000 every month, for a total of $4.8 million, after all, is said and done. Suri’s medical expenditures, schooling, insurance, and extracurricular activities must also be covered by Tom.
Katie has full custody of Suri and has opted not to raise her in Scientology. Katie received neither spousal support nor a lump sum cash payout. Katie reportedly chose not to seek spousal support in order to have complete custody and control over Suri’s upbringing.
Real Estate Owned by Tom Cruise
Tom owns and has owned a number of very impressive properties throughout the United States. Tom sold a $3 million East Village property on the 10th level in 2013. He sold a multi-unit home in the Hollywood Hills for $11.4 million in September 2015. Eva Longoria purchased the property.
Tom sold his Beverly Hills mansion to billionaire businessman Leon Black for $40 million in May 2016. He paid $30.5 million for the mansion in 2006, while still married to Katie Holmes.
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