Tom Selleck Net Worth

What is Tom Selleck's Net Worth and Salary?

Tom Selleck is an American actor and producer who has a net worth of $45 million.

Tom Selleck, an iconic American actor and film producer, has had a prolific career spanning several decades. He gained immense popularity and critical acclaim for his role as private investigator Thomas Magnum in the television series "Magnum, P.I." which aired 162 episodes over eight seasons between 1980 and 1988. This role not only won him an Emmy Award but also established him as a leading figure in television.

Selleck's rugged looks and charismatic screen presence led him to a variety of roles both in television and film. He starred in several successful movies, including "Three Men and a Baby," "Quigley Down Under," and "Mr. Baseball." His versatility as an actor allowed him to effortlessly transition between genres, from action and adventure to comedy and drama.

Aside from his film career, Selleck continued to make significant impacts on television. He took on recurring roles in popular TV shows like "Friends," where he played Dr. Richard Burke, and "The Closer." In the 2010s, he garnered praise for his role as Frank Reagan in the police drama series "Blue Bloods," which eventually produced 275 episodes over 14 seasons between 2010 and 2024. Tom was also a producer on the series.

Tom Selleck's Salary

Tom Selleck's salary per episode of "Blue Bloods" was $200 thousand. That worked out to around $5 million per season. In 1985, at the peak of his time on Magnum P.I., he was earning $500,000 per episode. Adjusting for inflation, this is the equivalent of $1.2 million per episode in today's dollars.

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Early Life

Thomas William Selleck was born on January 29th of 1945 in Detroit, Michigan. Partway through Tom's childhood, his family relocated to Sherman Oaks, California. Tom was raised alongside three siblings, and he graduated from high school in 1962. Although he initially lived with his parents as he attended Los Angeles Valley College, he later won a basketball scholarship to the University of Southern California.

While studying there, he majored in Business Administration, but had a change of heart when a teacher encouraged him to try acting. By his senior year, Selleck had dropped out to pursue a career in acting. During this period, Selleck was also drafted into the U.S. Military as part of the Vietnam conflict. Because of this, Selleck served in the California National Guard from 1967 to 1973.

Early Career

Tom Selleck's early career was largely defined by commercial appearances. He became a recognizable face after appearing in television ads for Coca-Cola, Revlon's Chaz Cologne, Dubonnet, Right Guard Deodorant, and Close-Up toothpaste. Perhaps the most notable of his TV commercials was with Marlboro as "The Marlboro Man." As the years went by, Selleck started to carve out a presence in television and film. After landing small roles, Selleck made a breakthrough with a recurring role in The Rockford Files. In 1979, Tom Selleck mirrored his real-life outdoorsy nature with a role as a cowboy in the film The Sacketts.

Magnum P.I.

In 1980, Tom Selleck landed the role that made him famous in the hit TV series Magnum P.I. The show continued for eight seasons, and it was shot in Hawaii. In 1984, Tom Selleck won an Emmy for Outstanding Lead Actor in a Drama Series as a result of his performances in the show. Magnum P.I. became an iconic part of the 80s, and fans around the world grew familiar with Selleck's characteristic moustache, Hawaiian shirt, and Ferrari. Even after the show came to an end, Magnum P.I. became the most popular syndicated rerun in history.

Further Success

While Selleck was still acting in Magnum, he made time to appear in films like Runaway and Three Men and a Baby.

Following Magnum P.I., Tom Selleck gained further fame after appearing in films such as Quigley Down Under, An Innocent Man, In & Out, and The Love Letter. He also returned to television in memorable fashion after landing a recurring role in the sitcom Friends. In the show, Selleck portrayed Monica's ex-boyfriend. For his performance on the show, he was nominated for an Emmy Award in 2000 for Best Guest Actor in a Comedy Series.

Tom Selleck attempted to make a comeback with a leading television role in 1998, heading up the sitcom Closer. However, the series was canceled after just ten episodes because of low ratings. After appearing in a slew of Westerns and other movies, Selleck had more luck with a series of made-for-TV movies based on the character Jesse Stone from novels by Robert B. Parker.

Another success story came when Selleck joined the cast of NBC's Las Vegas, his first major recurring TV role since Magnum P.I. In 2010, he also started appearing in the police drama Blue Bloods. Selleck plays the Police Commissioner in the series. He also appeared in Boston Legal. In 2021, he made an appearance in HBO's Friends: The Reunion. Selleck also narrated the Discovery+ series Out Where The West Begins in 2021.

Tom Selleck made his album debut in 2021 singing "Yessir, That's My Baby" with Nicolas King on King's Act One album.

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Personal Life

In 1971, Tom Selleck married model Jacqueline Ray. After the marriage, Selleck adopted her son, Kevin Shepard, former drummer for American rock band Tonic. Eventually, the marriage ended in 1982. In 1987, Tom Selleck married Jillie Joan Mack. One year later, they welcomed a daughter, Hannah, into the world.

Tom Selleck is an avid outdoorsman and shooter, and he's an outspoken member of the NRA. He is also very interested in sports, both as a participant and a fan. Selleck is a skilled volleyball player and closely follows NHL hockey.

Real Estate

In 1993, Tom Selleck purchased a home in Hawaii for an undisclosed fee. He lived in the home for many years with his wife and daughter before selling it in 2001 for $2.48 million. The property was renovated in many interesting ways by Selleck. He installed a private movie theater inside the cottage where he and his Magnum P.I. co-stars would watch the dailies after a long filming session. The property also features a concrete "safe room" with a bank vault door.

In 1988, Tom Selleck purchased a 65-acre ranch in Ventura, California, for a little over $5 million. Selleck has revealed that he does farm work on the ranch to "keep himself sane," but the property has more than its fair share of luxurious features. There's a heliport, tennis courts, swimming pools, and a golf course. In 2015, Selleck was sued by the Calleguas Municipal Water District for improperly transferring around 1.4 million gallons of water to his avocado farm during the driest California drought in recorded history. He settled by paying $21,685.55 to the water district, an amount which represented their private investigator fees.

Prior to buying his ranch, Selleck bought an apartment in Los Angeles. He worked with James Blakely III to turn this 1,800-square-foot condo into a rustic living space that looks almost like an Edwardian country villa – except for the fact that it's an apartment.