Lou Gossett, Jr. net worth: Lou Gossett, Jr. is an American actor who has a net worth of $3 million dollars. Born in Brooklyn, New York, Lou Gossett, Jr., decided to audition for a high school play, after he injured himself playing sports. He turned down an athletic scholarship to NYU to focus on theater, but had to put his college plans on hold, after he was cast in the Broadway production of "Take a Giant Step"while completing his senior year of high school. After appearing in the Broadway cast of "A Raisin in the Sun", he then transitioned to film work, when the play was adapted into a film in 1961. He has since enjoyed a long and distinguished film and television career, and has appeared in such projects as, "An Officer and a Gentleman", "Iron Eagle", "Firewalkers", "Diggstown", "A Good Man in Africa", "Daddy's Little Girls", "The Mod Squad", "Good Times", "Roots", "The Josephine Baker Story", "Touched by An Angel", and "ER". He has won two Golden Globes, a Primetime Emmy, a Daytime Emmy, and an Oscar.