Mission Possible: Here's How Tom Cruise Made His $600 Million Fortune
American actor and producer Tom Cruise has been a household Hollywood name since the start of his career in the 1980s. He’s attractive, multi-talented, and ultra-rich. As of writing, Tom Cruise’s net worth stands at $600 million. Now, this isn’t all that surprising. Given his long track record of starring in blockbuster films, TV shows, commercials, and other endorsements, his bank account might be bigger than that. However, let’s just focus on the official reports.
But how exactly did the multi-award-winning actor get to where he is now? How did his finances grow that much in the span of his career? Keep reading below to find out!
A couple of things should be considered before diving into Tom Cruise’s million-dollar fortune. The actor who owns a massive car collection started his career back in 1980 as the lead in Risky Business, and the popular movie franchise, Top Gun. While he earned critical praise for his roles in The Color of Money, Rain Man, and Born on the Fourth of July, the Mission: Impossible franchise and Top Gun movies cemented his name on the Hollywood Walk of Fame. With the latter movie franchise earning over $11.1 billion worldwide.
Since his commercial success, Tom has collaborated with some of the best and the brightest in Hollywood, including Jon Voight, Jack Nicholson, and his ex-wife, Nicole Kidman. In 2012, Tom Cruise was hailed as the highest-paid actor in Hollywood, beating fellow actors Adam Sandler, Leonardo DiCaprio, and Johnny Depp.
His career is still going strong even in his 60s, and his net worth is projected to still rise in the coming years. Reports say that Tom earns a jaw-dropping $50 million per year. Because of the movie franchises Mission: Impossible and Top Gun, Tom Cruise amassed around $600 million in wealth.
The Hollywood actor reportedly uses his money to invest in properties, and other assets, all over the world. He used to live in a stunning Beverly Hills estate with his ex-wife Katie Holmes, and their daughter Suri. Sources say that Tom bought the mega-mansion for $30.5 million, before selling the property for $38 million to American investor, Leon Black. The mansion was built in 1937, and boasts a classic European façade, with seven bedrooms and nine bathrooms.
Tom also has an 11,000 square ft. estate in West Sussex. The English mansion was listed for over $3.8 million. This home offers plenty of open space, lush greenery, a swimming pool, a spa, and a private tennis court. It has a total of eight bedrooms, and five bathrooms, and has a separate guest pavilion. The estate also has an all-in-one entertainment space complete with a cinema, a game room, and a dance studio. Oh, imagine the things money can buy and double it – that’s how much money Tom Cruise has.
Aside from estates, Tom also owns a couple of modern spaces. He once sold his Hollywood Hills house to fellow actor, Eva Longoria, for $11.4 million. The property has a European-style villa fitted and finished, complete with wide-plank wood floors. It also has three en suite bedrooms and a guest house as the fourth room. Though reports did mention that Tom used this house for his Scientology practice, instead of living in it.
This list wouldn’t be complete without mentioning a vacation home somewhere. Other celebrities explore vacation destinations, but Tom Cruise owns a stunning Colorado ranch, priced at over $50 million. The property is a four-bedroom ranch, with three additional bedrooms in the guest house. It sits on a 10,000 sq ft land and has a personal gym, recreation room, and a library. The Colorado estate was built in 1994, and is designed with rustic cedar timber and native stones with beamed ceilings.
Outside, the property has its own tennis court, basketball court, and ice hockey ring. It also has a private trail system that lets people access and view the 4,270-meter-high mountains. Though this house sounds like the perfect dream house, Tom sold it back in 2021 for a staggering $39.5 million.
Tom also used to own a flat in New York City, in the American Felt building. The home, a 2,200 sq ft space, was once shared with Tom’s ex-wives. Some sources also say he stayed here with a couple of ex-girlfriends, including Rebecca De Mornay and pop legend Cher. According to some reports, the flat has two bedrooms, two bathrooms, and a gym room. Tom sold the property right after his divorce, for $3 million.
These days, Tom spends his time in his multi million dollar penthouse in Florida. According to some reports, Tom lives in a luxurious penthouse in Clearwater, Florida. This location is apparently known as the home of Scientology, so maybe Tom wants to stay close to his practice. The property has a swimming pool on the rooftop, a cinema, and its own concierge service.
The house also has a flight simulator room, presumably, so Tom can still practice the skills he learned from Top Gun. It also has a car lift, which is used to transport Tom’s slew of luxury cars to a highly-secured nine-car garage. Tom bought the penthouse in 2017, and occupied the top two floors so he could have unparalleled views of the city. Some reports say that Tom Cruise lives with his son Connor in the penthouse.
Sources: SCMP, Cosmopolitan, Your Next Shoes, Go Banking Rates
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