Mark Wahlberg Net Worth
What is Mark Wahlberg's Net Worth?
Mark Wahlberg is an American actor, rapper and model who first burst onto the scene as "Marky Mark" in the 1990s. He has since transitioned into a highly successful entrepreneur, investor and entertainment producer.
As of August, 2021, Mark Wahlberg has a net worth of $350 million.
Some notable Mark Walhberg movies include "Lone Survivor", "Patriot's Day", "Boogie Nights", "Shooter", "The Perfect Storm", "Rock Star", "The Italian Job", "The Departed", "The Other Guys", "Ted" and several "Transformers" movies. He also produced the television shows "Entourage", "Boardwalk Empire" and "Wahlburgers".
Early Life and Career Beginnings:
Mark Robert Michael Wahlberg was born on June 5, 1971 in Dorchester, Boston, Massachusetts. He is the youngest of nine children. He was a troubled youth who, at the age of 16, was sentenced to two years of jail after pleading guilty to felony assault following a violent attack against two Vietnamese men in 1988. He ended up only serving 45 days of his sentence. He also was involved in attacks on various groups of African American children which involved the yelling of racial epithets.
Wahlberg began his musical career as the rapper "Marky Mark" following in the footsteps of his older brother Donnie Wahlberg, who was a member of boy band New Kids on the Block. Originally, Mark Wahlberg was also a part of the group at the age of 13, but quit after a few months. Following Wahlberg's release from jail, his brother Donnie actually helped him get back into the music business, producing Marky Mark's debut album. Marky Mark's 1991 single "Good Vibrations," off the album "Music for the People," was number one on the Billboard Hot 100 and later went platinum. His second album was less successful, but earned him a fan base and a reputation for dropping his pants in public. In 1992, Wahlberg was recruited as a model for Calvin Klein underwear, and his image was famously displayed on a Times Square billboard for much of the year.
Following his acting debut in the TV film "The Substitute" (1993), Wahlberg dropped the "Marky Mark" moniker. He made his big-screen debut in "Renaissance Man" (1994), however it wasn't until his 1995 film "The Basketball Diaries" alongside Leonardo DiCaprio that he began gaining the attention of critics. Wahlberg's first starring film role was in "Fear" (1996), and his films "Boogie Nights" (1997) and "Three Kings" (1999) continued to earn him praise.
In the 2000s Wahlberg made the leap into big budget action films like "The Perfect Storm" (2000), "Planet of the Apes" (2001), and "The Italian Job" (2003).
His performance in Martin Scorsese's thriller "The Departed" (2006) earned him an Academy Award nomination for Best Supporting Actor, a Golden Globe nomination for Best Performance by an Actor, and a National Society of Film Critics Best Supporting Actor award. Other noted films he has starred in include "The Happening" (2008), "The Lovely Bones" (2009), the hit comedies "Ted" (2012) and "Ted 2" (2015), "Lone Survivor" (2013), "Transformers: Age of Extinction" (2014), "Daddy's Home" (2015), "Deepwater Horizon" (2016), "Transformers: The Last Knight" (2017) and "Instant Family" (2018).
In addition to being an A-list actor, Wahlberg is also a successful producer, serving as producer on many of the films he stars in. He acted as executive producer of HBO series "Entourage" (2004-2011), a show loosely based on his own experiences in Hollywood. He is also the executive producer of the HBO series "Boardwalk Empire," "Ballers" and "How to Make It in America." As an executive producer of Entourage he earned $3 million per year.
As an actor, he can easily command $10 million to appear in a film, but typically accepts lower salaries in exchange for shares of the backend gross.
Wahlberg caused controversy when he received a salary of $1.5 million for reshoots for the film "All the Money in the World," while he female co-star Michelle Williams received less than $1,000 for her work. They had had to reshoot parts of the film after actor Kevin Spacey was dropped from the production following sexual harassment allegations. In response, Wahlberg donated the money to the Time's Up Legal Defense Fund, which helps to cover the legal expenses of women who experienced workplace sexual harassment and have come forward with their cases under the Time's Up movement.
Endorsements and Other Ventures:
Aside from his famous 1992 Calvin Klein partnership, Wahlberg has also served as brand ambassador for a variety of other brands, including health and nutrition brand GNC, where he promoted "Marked," a line of sports nutrition supplements. He also signed a deal with AT&T in March 2017 reportedly for $10 million to be their spokesman.
Wahlberg co-owns, with his brothers Donnie and Paul, the burger chain Whalburgers. The Wahlberg family appeared in a reality series based off the chain that aired on A&E from January 2014 to July 2019. In July 2013 Wahlberg became a part-owner in a Barbados-based cricket team. In 2015 he recruited rapper Sean "Diddy" Combs and billionaire investor Ron Burkle to invest in a bottled water company called Aquahydrate. He is also a co-founder of a sports nutrition company called Performance Inspired. In 2017, he participated in a $6 million funding round for the sneaker resale marketplace StockX. In 2018 Wahlberg and business partner Jay Feldman bought a Chevy dealership in Columbus, Ohio. The dealership was renamed Mark Wahlberg Chevrolet. In March 2019, Wahlberg bought a stake in the F45 fitness franchise.
Wahlberg married model Rhea Durham in 2009, although they had dated since 2001. Together, they have four children.
In 2001 Mark paid $4.95 million for a home in Beverly Hills. He listed this home for sale in 2015 for $30 million. In April 2018, Wahlberg sold the home for $12.4 million.
Today his primary residence is an absolutely stunning estate in the gated Beverly Park community of Beverly Hills. Wahlberg and his wife bought one of Beverly Park's last-remaining undeveloped lots in May 2009 for $8.25 million. Sitting on 6-acres, he hired famed architect Richard Landry to design what became a mildly-ridiculous (in a good way) 30,000 square-foot main house. Construction costs alone likely topped north of $20 million. The final product features a golf course, basketball court, large pool, movie theater, and much more.
Mark Walhberg has a net worth of $350 million. He originally gained fame as the rapper known as "Marky Mark". He eventually became a highly sought-after actor, producer and entrepreneur. Mark along with family members are the founders of the Wahlburgers restaurant chain.
|Net Worth:||$350 Million|
|Date of Birth:||Jun 5, 1971 (50 years old)|
|Height:||5 ft 8 in (1.73 m)|
|Profession:||Film Producer, Actor, Model, Musician, Rapper, Television producer, Singer, Film Score Composer, Songwriter|
|Nationality:||United States of America|
Mark Wahlberg Earnings
- Entourage$3,000,000/yearas executive producer
- The Truth About Charlie$10,000,000
- Planet of the Apes$8,000,000