What is Martin Lawrence Net Worth? Martin Lawrence is a famous actor, comedian, producer and director who was born on April 16, 1965 in Frankfurt am Main, Germany. He rose to fame playing the role of Whitley Gilbert on the television series titled Martin from 1992 to 1997 and later went on to star in a number of hit movies such as Bad Boys (1995), Big Momma’s House (2000), Wild Hogs (2007) and many more that increased his net worth in millions of dollars. But how rich does he actually get over the years? Let’s take a look at the information we have regarding his net worth in 2021.
Early Life
His full name is Martin Fitzgerald Lawrence, Jr. but he’s best known by his stage name – Martin Lawrence. He was born on April 16, 1965, in Frankfurt am Main and spent most of his early years growing up in Carver Court projects of South Central Los Angeles. His father abandoned him at a young age and later died when he was still just 10 years old. With no one to support him financially or emotionally, he quickly began looking for ways to help himself out which got him involved with drug dealing in high school.
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Career Beginnings
Born in Frankfurt, Germany to an African-American father and a German mother, Lawrence was raised by his mother after his parents’ divorce. In 1986, he moved with her to Los Angeles. He developed an interest in comedy while still attending high school in Los Angeles. He performed stand-up at clubs before joining a comedy troupe with Robin Harris and Tommy Davidson called The Comedy Store Players. The group had a television special on HBO titled One Night Stand (1989). Afterward, comedian Eddie Murphy hired him for his first film role appearing opposite Murphy as Darrin Stephens in Harlem Nights (1989).
Acting Career
Martin starred in television sitcom Martin (1992-1997), also starring Tisha Campbell and Tichina Arnold. He has appeared in more than forty films, including House Party (1990), Boomerang (1992), Nothing to Lose (1997) and A Thin Line Between Love and Hate (1996). He had several critically acclaimed roles in film, such as Bad Boys II(2003) , Life(1999) and Big Mommas: Like Father, Like Son(2011). Other movies include Bad Boys(1995) , I Spy(2002), Blue Streak(1999) , Black Knight(2001), Wild Hogs(2007). In 1996 he was voted as one of The Greatest Comedians of All Time by Entertainment Weekly.
Awards & Nominations
The most awarded actor in American Comedy and Variety, he has earned numerous awards and nominations for his roles in films and television. These include three NAACP Image Awards, three American Comedy Awards, two BET Comedy Awards, a Young Artist Award, an Essence Award , a Daytime Emmy Award nomination, six Kids’ Choice Awards nominations (winning two of them), eight People’s Choice Award nominations (winning two of them), three Nickelodeon Kids’ Choice Awards , two MTV Movie Awards nominations (winning one of them), four TV Land Favorite Character Awards , four Teen Choice Award nominations (winning two of them) and one YoungStar award. He has also been named as one of America’s funniest people by Entertainment Weekly .
Property & Cars Collection
Martin has many valuable assets which we mentioned earlier in details. He has a huge collection of exotic cars and also loves to buy luxurious real estate property. In 2016, he bought a lavish penthouse in New York which is worth $5 million dollar. He also owns many cars such as Audi R8 GT Spyder, Jaguar F-Type Coupe and Bentley Continental GT V8 S etc. Martin spent around $7000 on gas every month, just for his Aston Martin DB9 Volante during 2007. His collection of cars & houses proves how much money he earns from his acting career throughout his entire life.
Other Sources Income
Just like with any other profession, an actor’s income is made up of his wages and what’s left of his other sources of income. In Martin’s case, in addition to salary from TV series and movies, he also does voiceover work on commercials and makes appearances at events. While Martin has earned a huge amount of money over his lifetime, he also spends quite a bit of it each year. Still, there’s no doubt that in 2021 his fortune will be bigger than it was when Forbes published its list last year. If you are interested in reading more about how much money celebrity actors earn per episode/film or per film, you can check out our website’s archive containing such articles: How Much Money Do Top Film Actors Make?
Martin Lawrence Net Worth
$100 Million ($25 Million Per Year) $100 million net worth is a huge improvement from Martin’s situation in 2016, when he was almost bankrupt and with a $500k debt. He had to declare bankruptcy in 2014, due to his failure of paying taxes. Since then, he has been on a mission to improve his career and finances. And it seems like he finally achieved it. 2017 became his comeback year with hit movies like Idlewild that made $5 million at box office, Daddy Day Care ($69 million), Big Mommas: Like Father Like Son ($64 million), alongside rapper Ludacris, who helped him earn $2 million through song licensing.
Last Updated on January 4, 2022
Andrew Smith is a professional News researcher and writer. He has been writing latest tending news articles for various news agencies.
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