Arnold Schwarzenegger, who was born on July 30, 1947, in Austria, came to the U.S in 1968 and became a naturalized American citizen in 1983. He was originally known as a body builder and later on transitioned into acting, becoming one of the most bankable action stars of his generation with hit movies like Conan the Barbarian, The Terminator, Commando and Predator. Arnold Schwarzenegger’s net worth as of 2016 is $400 million dollars making him one of the highest paid Hollywood celebrities this year.
Born on July 30, 1947, in Thal, Austria, Arnold Schwarzenegger moved to Munich with his family when he was 15 years old. There he took up weight training and quickly became a national star. Over time he earned several titles in bodybuilding and worked as a trainer until 1972 when he made his film debut in Hercules in New York. The following year, as his popularity continued to soar, he left for America at age 25 and never looked back.
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Since appearing in Conan The Barbarian at age 25, Arnold Schwarzenegger has made an impressive $1.3 billion through acting alone, according to Forbes’ annual survey of Hollywood’s highest paid actors. Another $300 million comes from his involvement in other projects including franchising Planet Hollywood and licensing his name to a line of fitness equipment. He also makes millions as a spokesperson for various products like bodybuilding supplements, protein bars and vitamin water. Then there are also book deals, business ventures and investments — he owns real estate all over California and several businesses overseas.
TV Show Earnings
It was clear that Schwarzeneggar had made a lot of money from his acting career, especially considering his role in Batman and Robin earned him around $12 million. But it wasn’t until 2003 when he returned to acting in Terminator 3: Rise of Machines that his earnings really soared. In 2005, Forbes estimated he earned $29 million between June 2004 and June 2005 (the year The Simpsons Movie came out). More recently, an E! News source said he took home $15 million for starring as himself on NBC’s The New Celebrity Apprentice. And earlier today, CNBC reported that Schwarzenegger reportedly earns about $20 million per movie.
In 2012, he created an entertainment management company called Oak Tree Entertainment to develop film and television projects, as well as signing actors. After leaving politics in 2011, I didn’t want to sit on a private beach and play tennis every day. It wasn’t for me, Schwarzenegger said in a New York Times interview . I thought that if I could get more involved with movies, television shows and theater, then I would have something meaningful to do. He also has three production companies: Oak Productions; based in Santa Monica, California; Thumbprint Films; based in Vancouver and Los Angeles, California-based MaggieVision Productions.
On June 4, 1982, Arnie won a Special Achievement Oscar (Oscar statuette) for his role in Stay Hungry. In 1986, he was nominated again for Best Actor (Twins). He won best actor at the Cannes Film Festival and an Oscar nomination in 1990 for his portrayal of boxer-turned-politician Juan Peron in The Rocketeer. In 2002, he was presented with a star on Hollywood Walk of Fame. He also received a star on Canoe Walk of Fame in Toronto.
Total Net Worth
$400 Million. In today’s economy, $400 million doesn’t seem like a lot—but it’s nothing to sneeze at either. To put it in perspective, not a single one of Mr. Schwarzenegger’s contemporaries or predecessors were able to reach such a high net worth during their lifetimes. One example: Michael Jackson who, despite being an American icon with millions of dedicated fans, was only able to amass $310 million during his lifetime due to his extensive list of creditors and other monetary obligations; while Elvis Presley who had a large number of dedicated fans as well made only $10 million before he died at age 42.
Last Updated on December 25, 2021
Andrew Smith is a professional News researcher and writer. He has been writing latest tending news articles for various news agencies.