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Morgan Freeman Net Worth - The Illustrious Career And Staggering Wealth Of The Brilliant Actor

From humble beginnings to Hollywood royalty, this article unravels the layers of Freeman's career, examining the sources of his wealth, the pivotal moments that defined his trajectory, and the lasting legacy he has crafted in the realm of entertainment. Here is all you need to know about Morgan Freeman net worth and his illustrious career!

Candice Burns
Dec 29, 20232053 Shares28514 Views
In the illustrious tapestry of Hollywood, few names resonate as profoundly as Morgan Freeman's. Freeman embarked on a career in acting that has spanned over six decades and has left an indelible mark on the world of cinema.
Beyond the glimmering lights of the silver screen, Freeman's journey is a testament to resilience, versatility, and an unwavering passion for his craft. As we explore the life and career of this cinematic icon, it becomes evident that Morgan Freeman's success is not merely measured in accolades and critical acclaim but is mirrored in the astonishing net worth he has accumulated over the years.
From humble beginnings to Hollywood royalty, this article unravels the layers of Freeman's career, examining the sources of his wealth, the pivotal moments that defined his trajectory, and the lasting legacy he has crafted in the realm of entertainment. Here is all you need to know about Morgan Freeman net worthand his illustrious career!

Quick Info About Morgan Freeman

Date Of BirthJun 1, 1937
Place Of BirthMemphis
ProfessionActor, Film Producer, Television producer, Voice Actor, Presenter, Film director, Businessperson
NationalityUnited States of America

Early Years Of Morgan Freeman

Morgan Freeman was born in Memphis, Tennessee, on June 1, 1937. His parents are Morgan Porterfield Freeman and Mayme Edna. He is the eldest of five siblings. His parents moved to Chicago shortly after Morgan was born in order for him to find employment, leaving Morgan to live with his maternal grandmother in Charleston, Mississippi.
When he was six years old, his grandmother passed away, and he went to Chicago to live with his mother, who had already broken up with his father. After a while, they returned to Tennessee. At nine years old, Freeman played the lead in a school play and caught the acting bug. After completing his studies at Broad Street High School in 1955, he joined the US Air Force.
After serving in the military, he relocated to Los Angeles and enrolled in acting classes at the Pasadena Playhouse. Morgan worked as a transcript clerk at Los Angeles City College in order to make ends meet. In addition, he was frequently going to and from New York City, where he was employed as a dancer and as a member of a musical theater company, respectively.

Career Of Morgan Freeman

Morgan Freeman at a conference
Morgan Freeman at a conference
First seen in an off-Broadway production of The Niggerlovers in the mid-1960s, Freeman then costarred with Pearl Bailey in an all-African-American Broadway production of Hello, Dolly! in 1968. Who Says I Can't Ride a Rainbow was his first movie debut! in 1971. His work on the soap opera Another World and his performances on the PBS children's program The Electric Company helped him become well-known in America.
He kept on with his theater career and won the 1980 Obie Award for his leading performance in Coriolanus. He won his second Oscar in 1984 for The Gospel at Colonus, and he won it again in 1989 for his leading performance in Driving Miss Daisy, which was eventually adapted for the big screen and starred in. Freeman's career took off in the late 1980s and early 1990s when he started landing big-budget roles in movies.
He was nominated for an Oscar for Best Supporting Actor for his performance as Fast Black in the 1987 movie Street Smart. He became to A-list celebrity in 1994 after winning the role of Red in The Shawshank Redemption. He went on to star in a number of additional high-profile movies, including Deep Impact, Unforgiven, Robin Hood: Prince of Thieves, and Seven.
Freeman had a significant year in 2005. Morgan's performance in Clint Eastwood's Million Dollar Baby earned him the Best Supporting Actor Oscar at the 77th Academy Awards, following three prior nominations. He was selected to portray God in the popular movie Bruce Almighty (and the follow-up Evan Almighty) in 2005. In 2005, he also made an appearance in Christopher Nolan's Dark Night Trilogy Batman Begins. Later on, he returned to the role in both of the sequels.
Following his success in The Bucket List (2007), Freeman returned to the stage in a huge way, costarring alongside Peter Gallagher and Frances McDormand in the Broadway blockbuster The Country Girl. In 2009, he collaborated with filmmaker Clint Eastwood on the film Invictus, where he played Nelson Mandela. The role garnered him a nomination for the Academy Award for Best Actor.
He made appearances in Oblivion and Olympus has Fallen in 2013 and London has Fallen in 2016, respectively. The Poison Rose, starring John Travolta, Angel Has Fallen, the third film in the Has Fallen series, 2020's criminal comedy The Comeback Trail, and 2021's Coming 2 America are some of the more recent releases. Freeman and Ghanim Al-Muftah gave a performance at the 2022 FIFA World Cup opening ceremony in Qatar on November 20, 2022.

Movies & Earnings

Morgan Freeman smiling
Morgan Freeman smiling

The Shawshank Redemption (1994)

Directed by Frank Darabont, "The Shawshank Redemption" is widely regarded as one of the greatest films of all time. Freeman delivers a poignant performance as Ellis Boyd "Red" Redding, a seasoned inmate serving time alongside Tim Robbins' character, Andy Dufresne. The film explores themes of hope, friendship, and redemption, and Freeman's narration adds a timeless quality to the narrative.
Domestic Box Office$28,241,469
International Box Office $177,902
Worldwide Box Office $28,419,371

Driving Miss Daisy (1989)

In this heartwarming drama directed by Bruce Beresford, Morgan Freeman plays Hoke Colburn, a chauffeur employed by Jessica Tandy's character, Daisy Werthan. The film explores the evolving relationship between a Jewish widow and her African American driver against the backdrop of racial tensions in the American South. Freeman's performance earned him an Academy Award for Best Supporting Actor.
Domestic Box Office$106,593,296
International Box Office $39,200,000
Worldwide Box Office $145,793,296

Seven (1995)

Directed by David Fincher, "Seven" is a gripping psychological thriller that sees Morgan Freeman teaming up with Brad Pitt. Freeman plays Detective William Somerset, a seasoned investigator on the verge of retirement, who partners with a younger detective to solve a series of grisly murders inspired by the seven deadly sins. Freeman's portrayal adds depth to the film's intense and atmospheric narrative.
Domestic Box Office$100,125,643
International Box Office $228,000,000
Worldwide Box Office$328,125,643

Million Dollar Baby (2004)

Directed by Clint Eastwood, "Million Dollar Baby" features Morgan Freeman in the role of Eddie "Scrap-Iron" Dupris, a former boxer and friend to the film's protagonist, played by Hilary Swank. The movie explores themes of determination, mentorship, and the harsh realities of the boxing world. Freeman's performance earned him an Academy Award nomination for Best Supporting Actor.
Domestic Box Office$100,492,203
International Box Office $131,436,024
Worldwide Box Office$231,928,227

Unforgiven (1992)

In this critically acclaimed Western directed by Clint Eastwood, Morgan Freeman stars alongside Eastwood and Gene Hackman. Freeman plays Ned Logan, a retired gunslinger who joins Eastwood's character on a mission to collect a bounty. "Unforgiven" received widespread acclaim for its deconstruction of traditional Western tropes, and Freeman's performance contributed to the film's success.
Domestic Box Office$101,157,447
International Box Office $58,000,000
Worldwide Box Office$159,157,447

Morgan Freeman's Net Worth

Morgan Freeman has an incredible $250 million in net worth as of 2023. Through his successful career as an actor, voice actor, narrator, producer of films and television shows, director, and businessman, Freeman has amassed wealth.

Other Work Of Morgan Freeman

Morgan debuted as a director in 1993 with "Bopha!" from Paramount Pictures. The only other directing job he has had thus far was for three Madam Secretary episodes. Morgan is often chosen for narrator roles because of his unique, loud voice. He provided the voices for the War of the Worlds and the documentary March of the Penguins in 2005. In 2014, he voiced characters in the Lego Movie.
In 2010, he took Walter Cronkite's place as the voice of the CBS Evening News opener. In addition, he serves as the host and narrator of the physics program "Through the Wormhole," on the Discovery Channel. Up until 2018, Freeman narrated a number of well-known Visa ads. The nature documentary series "Our Universe," which debuted on Netflix in 2022, was also narrated by him.

Personal Life Of Morgan Freeman

Morgan Freeman wearing a black shirt
Morgan Freeman wearing a black shirt
From 1967 till 1979, Freeman was wed to Jeanette Adair Bradshaw. In 1984, he wed Myrna Colley-Lee; the couple separated in September 2010. He is the father of four kids. Sadly, in 2015, his first marriage's stepdaughter was killed in New York City. Her age was thirty-three.
On August 3, 2008, Freeman was engaged in a near-fatal vehicle accident close to Ruleville, Mississippi. His Nissan Maxima flew off the freeway and flipped multiple times. He was airlifted by helicopter to a hospital in Memphis after paramedics utilizing the "Jaws of Life" saved him and a female passenger. In the collision, Freeman shattered his elbow, arm, and left shoulder.
Even though alcohol was ruled eliminated as a contributing factor in the collision, Demaris Meyer, his passenger, sued him later for carelessness, claiming that he had been drinking that evening. The case was settled out-of-court for a sum of money that was not disclosed. He has been using compression gloves to aid with his fibromyalgia ever since.
CNN released the findings of an investigation into allegations of sexual harassment made by eight women against Freeman in May 2018. Eight more came forward to report having seen improper behavior at his production company or on film sets. Following the publication of the study, Freeman apologized.
The Screen Actors Guild considered depriving Freeman of his lifetime achievement award as a result, but decided in September 2018 that he could keep it. In addition to spearheading relief efforts for Hurricane Katrina victims, Freeman established the Grenada Relief Fund to assist Hurricane Ivan victims.
Morgan disclosed in March 2019 that he had transformed his 124-acre Mississippi farm into a refuge for bees. Freeman keeps up a residence in New York City as well. Ground Zero is a blues club in Clarksdale, Mississippi, that he owns and runs.

Divorce Settlement

Today, Morgan Freeman is worth $250 million, but that's only after he returned $100–200 million in cash and real properties to his 26-year-long ex-wife, Myrna Colley-Lee, in 2010. Myrna had once asked for up to $400 million, considering the value of their assets and his potential for future earnings.

Morgan Freeman's Achievements

Morgan Freeman's career in the entertainment industry is adorned with numerous achievements, spanning several decades and showcasing his versatility as an actor, narrator, and philanthropist. Here are some key achievements that highlight his impact on the world of film and beyond:
  • Academy Award For "Million Dollar Baby" (2004)- Morgan Freeman won the Academy Award for Best Supporting Actor for his role as Eddie "Scrap-Iron" Dupris in Clint Eastwood's "Million Dollar Baby." This recognition marked a pinnacle in his career and solidified his status as one of Hollywood's most esteemed actors.
  • Academy Award Nomination For "The Shawshank Redemption" (1994)- While Freeman did not win the Oscar for his role in "The Shawshank Redemption," his portrayal of Ellis Boyd "Red" Redding earned him a nomination for Best Actor in a Supporting Role. The film has since become a classic and is widely regarded as one of the greatest movies in cinematic history.
  • Cecil B. DeMille Award (2012)- In recognition of his outstanding contributions to the world of entertainment, Morgan Freeman received the Cecil B. DeMille Award at the 69th Golden Globe Awards. The award honors individuals who have made a significant impact on the world of entertainment.
  • Kennedy Center Honors (2008)- Freeman was honored with the Kennedy Center Honors, a prestigious award recognizing individuals who have made significant contributions to American culture through the performing arts. The honor highlighted his remarkable career and influence on the film industry.
  • Screen Actors Guild Life Achievement Award (2018)- In 2018, Morgan Freeman was bestowed with the Screen Actors Guild Life Achievement Award, a testament to his exceptional career and enduring impact on the world of acting. The award recognizes individuals for their career achievements and humanitarian accomplishments.
  • Narration And Voiceover Achievements - Freeman's distinctive voice has made him a sought-after narrator, contributing to the success of documentaries such as "March of the Penguins" (2005). His narration work extends to numerous films, commercials, and television series, showcasing his unique vocal talent.
  • Philanthropy And Advocacy- Beyond his contributions to the entertainment industry, Morgan Freeman is actively involved in philanthropy. He has supported various causes, including education, healthcare, and environmental conservation. His commitment to making a positive impact on society adds a dimension to his achievements beyond the screen.
  • Lifetime Achievement Award At The Golden Globes (2011)- In recognition of his exceptional career in the film industry, Morgan Freeman received the Cecil B. DeMille Award for lifetime achievement at the 69th Golden Globe Awards.

Interesting Facts About Morgan Freeman

Morgan Freeman wearing a blue suit
Morgan Freeman wearing a blue suit
  • Morgan Freeman's love for acting blossomed at the age of nine when he took the stage in a school play, sparking a lifelong passion for the performing arts.
  • Before gracing the silver screen, Freeman served in the United States Air Force as a Radar Technician, laying the foundation for his disciplined approach to life.
  • In addition to his acting prowess, Freeman is an accomplished dancer, having developed an interest in the art form during his formative years.
  • Freeman's unmistakable voice has made him one of the most sought-after narrators in the film industry, lending gravitas to documentaries, commercials, and even the opening ceremony of the 2002 Winter Olympics.
  • Beyond Hollywood, Morgan Freeman is a co-owner of the Ground Zero Blues Club in Clarksdale, Mississippi, showcasing his entrepreneurial spirit and love for blues music.
  • Despite not attending college, Freeman holds honorary degrees from prestigious institutions like Boston University and Yale University, recognizing his significant contributions to the arts.
  • Morgan Freeman's debut in film was in "Who Says I Can't Ride a Rainbow!" (1971), marking the beginning of a prolific and diverse cinematic career.
  • An accomplished pilot, Freeman is licensed to fly both planes and helicopters, and he co-owns a private jet, reflecting his love for aviation.
  • As an advocate for environmental conservation, Freeman is also an avid beekeeper, maintaining several beehives on his Mississippi ranch to contribute to the preservation of honeybee populations.
  • Early in his career, Freeman showcased his versatility by appearing on the children's television show "The Electric Company" (1971–1977), playing various characters and contributing to educational programming.

Morgan Freeman Net Worth - FAQs

What Is Morgan Freeman's Famous For?

Morgan Freeman is renowned for his prolific acting career and has gained widespread acclaim for his roles in films such as "The Shawshank Redemption," "Driving Miss Daisy," and "Million Dollar Baby."

Has Morgan Freeman Done Voiceover Work?

Yes, Morgan Freeman is famous for his distinctive voice and has lent his narration talents to various documentaries, commercials, and films, including "March of the Penguins" and "The Shawshank Redemption."

Is Morgan Freeman Involved In Philanthropy?

Yes, Morgan Freeman is actively involved in philanthropic activities. He has supported causes related to education, healthcare, and environmental conservation.

Final Words

Morgan Freeman's career is a tapestry woven with talent, resilience, and a passion for storytelling. From his early struggles to his ascent as a Hollywood legend, Freeman's journey has been marked by memorable performances, critical acclaim, and a lasting impact on the entertainment landscape. As audiences continue to be captivated by his work, Morgan Freeman's legacy as an actor, narrator, and philanthropist remains an enduring and inspirational chapter in the annals of cinema.
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