8 Ways Drew Barrymore Earns And Spends Her Fortune | TheRichest
Drew is an actor, producer, talk show host, and entrepreneur with an approximately $125 million net worth. She got her name-defining moment as a child artist in the Academy award-winning, Steven Spielberg-directed film E.T. which collected $792.9 million worldwide in 1982. This was followed by successful roles in Firestarter (1984) and Irreconcilable Differences (1984). It became a norm for the Dangerous Mind actress to star in numerous high-grossing A-lister films, and her salary graph increased with every successful hit.
Barrymore charged $1.5 million for Mad Love (1995) and $3 million for Ever After (1998). With the Charlie's Angels (2000) film franchise, she made around $9 million. She is also an exceptional businesswoman who makes millions from multiple sources of income, including a clothing line, décor line, cosmetic line, and signature wine. Let us look at how she earns and spends her wealth.
Drew co-founded Flower Beauty, an e-commerce cosmetic line, in 2012. In partnership with Maesa, it has grown to be a strong player in the mass market beauty space, offering makeup, fragrance, and makeup brushes. Her brand is available in the U.S. at Ulta Beauty and Walmart. In 2019, Barrymore teamed with Walmart for Flower Home, a 220-item decor collection inspired by her home and travels.
8 Earns: Acting And Television Career
Drew started as a child actor with the $792.9 million Steven Spielberg-directed blockbuster E.T. Her career graph has soared with various roles. According to Marca, she charged $15 million per film at the peak of her career. She earned $250,000 for Confessions of a Dangerous Mind (2002), $500,000 for Donnie Darko (2001), $1.5 million for Mad Love (1995), and $3 million for her role in Ever After (1998). Starring in the worldwide sensational action-hit Charlie’s Angels was the major turning point of her career. Drew earned a $9 million paycheck for the first installment, which gradually increased to $14 million for the second and third installments of the franchise.
7 Spends: Real Estate
According to Cheat Sheet, Barrymore resides in the most expensive zip code on the East Coast. The Hamptons beach house purchased in 2019 costs approximately $5.5 million and is spread across 1.7 acres with six bedrooms and bathrooms. The Santa Clarita Diet actress has also purchased a vacation house in Kauai, Hawaii. In 2018, she sold off a luxurious 18 rooms Mid Century ranch house built in 1957 for approximately $16.5 million. In 2002, the classic vintage estate was purchased for an estimated $4.35 million. In May 2013, the 50 First Dates actress sold sprawling Montecito property for $6.35 million, bought in 2010 for approximately $5.705 million.
6 Earns: The Drew Barrymore Talk Show
The Drew Barrymore talk show is available on all leading streaming platforms, including CBS, Paramount Plus, Global TV, and YouTube. The contemporary show features prominent personalities from the music and film industry. Its YouTube channel has over 759k subscribers, and the videos have garnered over a million views.
5 Spends: Expensive Vacations
The blended actress' favorite travel destination is Hawaii, where she owns a luxurious estate. Other favorite vacation spots include Paradise Cove, the Bahamas, Santa Barbara, and Capri in Italy, France, and Mexico. The mother of two little girls, Olive and Frankie, loves to spend her time at the beach. She can also be seen with her A-list friends in exotic seaside resorts like Tulum in Mexico.
4 Earns: Business Investments
Barrymore is a serial entrepreneur who has launched a production house, cosmetics, clothing, décor, and signature wine line. Flower Films, founded in 1995, has produced numerous tv and films, including 50 First Dates (2004), Never Been Kissed (1999), Donnie Darko (2001), and Santa Clarita Diet (2017-2019), with Drew as the lead. According to House Beautiful, in 2019, the Ever After actress launched Flower Home, a leading décor line in association with Walmart. It features curated home décor collections.
In addition to these exceptional business ventures, Barrymore introduced Pinot Grigio, an exclusive rosé in association with Carmel Road winemaker Kris Kato in 1995. In 2017 Barrymore’s first clothing line Dear Drew collection, which features shoes, clothes, and accessories, launched on Amazon fashion. The free-spirited collection is priced between $28 to $248. Getting into the beauty business, she launched Flower Beauty, a cruelty-free, affordable makeup line, in 2013. It is reported that the Scream actress earns an estimated $50 million annually from the Flower Beauty venture alone.
3 Spends: Car Collection
According to 21 Motoring, Barrymore owns some expensive supercars in her garage, including a Porsche 911 Carrera valued at $120,990, a Tesla Model S priced at approximately $114,780, a Mercedes E350 Wagon with a base price of $73,250, and an Audi Q5 worth $52,000. She also owns a $114,780 Range Rover Sport, a $78,900 worth BMW 7-Series, and a Mini Cooper worth $32,890.
2 Earns: Brand Endorsements
The Golden-Globe-winning actress is a multiple beauty brand ambassador who works in partnership with Gucci, Cros, and Garnier. Drew also graces the covers of top fashion, travel & leisure, and décor magazines. Though the exact figure is unknown, she earns millions annually through various high-profile brand endorsement deals.
1 Spends: Wardrobe
The Never Been Kissed actress has maintained a chic urban style, and her wardrobe collection includes designer blouses, belts, scarves, shoes, and pants. Her favorite high-end designers are Yves Saint Laurent, Sonia Petroff, Brandon Maxwell, Victoria Beckham, and Christopher John. While for red carpet events, Barrymore flaunts fashion creations by Valentino, Lanvin, and Christian Siriano.
Drew Barrymore has had an impressive and inspiring journey in Hollywood and has worked hard to build a $125 million legacy.
Sources: Marca, House Beautiful, Cheat Sheet, 21 Motoring
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