What is Michael J. Fox’s Net Worth? Canadian-American actor Michael J. Fox’s net worth currently stands at $75 million, according to Celebrity Net Worth, which makes him one of the richest actors on the market, ranked 72nd place. He rose to stardom in the 80s when he played Mike Flaherty in the television series Family Ties and as Alex P.
The Early Life
Michael John Fox was born in Edmonton, Alberta, Canada on June 9, 1961 to Phyllis (Lambert), a palliative care nurse, and William Fox, a police officer who worked at various times for the RCMP and as a Vancouver policeman. His father was of English, Irish and Scottish descent; his paternal grandfather was from Birmingham, England. His mother was born in Hong Kong; her ancestry included Chinese and Scottish. The family moved a total of ten times during his childhood due to his father’s often-changing professions which ranged from health inspector to insurance salesman to real estate broker.
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Career Beginnings
His acting career began in 1979 when he appeared in a number of minor television roles, but Fox is probably best known for his leading role on Family Ties as Alex P. Keaton from 1982 to 1989, which boosted his net worth by $40 million during that time period alone. In 1985, he won a Primetime Emmy Award for Outstanding Lead Actor in a Comedy Series, which further helped increase his wealth substantially at that time. In 1991, Fox won another Primetime Emmy Award for Outstanding Supporting Actor in a Comedy Series for his portrayal of Republican politician Alex P.
His Accomplishments as an Actor
The success of Back to The Future as well as his starring role in Family Ties helped his net worth reach $75 million dollars by 1986. He has also starred in numerous other films that have been highly successful including Doc Hollywood and Stuart Little. Michael J Fox’s net worth continued to rise steadily into 2010 when he was cast on The Good Wife, adding another $5 million dollars to his wealth, bringing it up to an impressive $80 million dollars overall at that time. By 2014, Forbes reported that Back To The Future had generated approximately US$13 billion from DVD sales globally; which had helped bring his total wealth up to US$120 million dollars.
His Film Career – Movies, Box Office Earnings, and Awards Received
In 1990, Fox was cast in an NBC sitcom called Family Ties which ran for seven seasons and made him a star. The show about two families—one liberal, one conservative—struggling to deal with each other received three Emmy Awards during its run and made a star out of Fox. In 1991, he was nominated for Outstanding Lead Actor in a Comedy Series at Golden Globe Awards and won that award three times: 1992, 1993, and 1994. During his time on Family Ties he won numerous Teen Choice Award and also has been awarded with People’s Choice Award once in 1999.
Other Professional Activities and Achievements
In 1982, at age 25, Fox was awarded a Primetime Emmy Award for Outstanding Lead Actor in a Comedy Series for his work on Family Ties (1982). During that time he became one of America’s most popular television stars and earned international recognition for his role as Alex P. Keaton in Family Ties (1982) and Spin City (1996). At age 50, he received an Emmy nomination for Best Actor in a Drama Series for his work on The Good Wife (2009), which also garnered him two Golden Globe nominations. In 1995, together with Brian Grazer, he founded Imagine Entertainment company responsible for such projects as Dr.
Earning & Income Sources
The first step to calculating someone’s net worth is taking a look at all their income sources. Over his acting career, actor Michael J. Fox has earned millions of dollars from roles in movies like Teen Wolf, Back to the Future and others – as well as endorsements and paid speeches. The majority of his earnings came from acting, though, with two big paychecks coming in 1989 ($8 million) and 1993 ($7 million). In total, he was reportedly paid $50 million for starring in his series Spin City during its heyday.
Assets & Properties
He has a house in Riverdale, New York, a $3 million Pacific Palisades home he bought after Parks & Recreation ended in 2015 and a condo in Manhattan worth $5 million that he purchased with his wife three years ago. He also owns another condo valued at $2 million in Santa Monica, California. In addition to these properties, he also owns numerous cars including two Tesla electric cars and an $83,000 Land Rover
Michael J. Fox’s Net Worth
Michael J. Fox’s net worth currently stands at $75 million, according to Celebrity Net Worth.
Last Updated on January 16, 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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