Spike Lee is an American film director, producer and actor who has a net worth of $40 million. Spike Lee was born Shelton Jackson Lee in Atlanta, Georgia on March 20, 1957. His production company "40 Acres & A Mule" has produced over 35 films since 1983. He was given the nickname "Spike" by his mother when he was a child. While living in New York, he attended Morehouse College where he made his first student film, "Last Hustle in Brooklyn". He graduated with a B.A. in Mass Communications, and then enrolled in New York University's Tisch School of the Arts. He graduated from NYU in 1978 with a Master of Fine Arts in film and television. Over the years, several of Lee's films have been nominated for Academy Awards including "Do The Right Thing", and his documentary, "4 Little Girls." In May of 2007 Spike Lee was honored with the San Francisco Film Society's Directing Award. His films are often set in Brooklyn, and Spike often has cameo appearances in his own films. He has several reoccurring attributes as well, such as a baseball-related motif and a character that is often given a "floating" effect, where they appear to be gliding instead of walking. Spike Lee currently lives in New York with his wife, Tonya Lewis, and their daughter, Satchel.
Spike Lee's Wealth:
Spike earned $3 million to direct 1992's Malcolm X. One can safely assume that he earned at least $3 million in salary, and likely much more off the backend, for movies like 25th Hour, Love & Basketball, Summer of Sam and Inside Man.
Spike Lee's Real Estate Portfolio
Spike's main residence is a 9000 square foot town home located in Manhattan's most expensive Upper East Side zip code. This townhouse is actually made up of two separate three-story buildings that surround a private courtyard. The mansion has 9000 square feet of living space and was designated a New York City landmark because it was once owned by a member of the Vanderbilt family. Spike purchased the house in 1998 for $4.75 million and today it is worth an estimated $30 – $40 million! Take this with a grain of salt, but Zillow's 10 year estimate range for this house is $19 – $90 million.
Spike's film production company 'Forty Acres and a Mule" is located in a three-story building in Brooklyn that was purchased in 1991 for $820,000. Comparable buildings on the same block are currently selling for $2-$4 million.
When Spike isn't kicking back in New York City, you might find him at his two acre estate in Martha's Vineyard. Located just off the 18th hole of Farm Neck Golf Club, Spike purchased the property in 1989 for $400,000. He then built a four bedroom mansion which today is worth an estimated $3-4 million.
And we all know Spike owns those amazing Knicks courtside seats. How much do you think those would go for on the open market? Are you telling me some hot shot hedge fund manager wouldn't scoop those seats off Spike for a couple million bucks?