Morgan Freeman’s net worth is estimated to be around $250 million as of August 2022.
Morgan Freeman is a Memphis-born American narrator, producer, and actor. He made his acting debut at the age of nine, playing the lead in a school play. He graduated from Broad Street High School.
Morgan Freeman’s Net Worth In 2022
Morgan Freeman is a $250 million dollar net worth American actor, film director, and narrator. He has been one of the world’s most famous and in-demand actors for over 20 years. Morgan’s current net worth would be much higher if he hadn’t been forced to pay his ex-wife a $100 million to $200 million divorce settlement in 2010.
|Net Worth:||$250 Million|
|Born:||June 1, 1937|
|Height:||1.88 m (6 ft 2 in)|
|Country of Origin:||United States of America|
|Source of Wealth:||Professional Actor|
|Last Updated:||August 2, 2022|
Morgan Freeman’s Net Worth Growth
|Net worth in 2022||$250million|
|Net worth in 2021||$230 million|
|Net worth in 2020||$220 million|
|Net worth in 2019||$215 million|
|Net worth in 2018||$200 million|
Morgan Freeman Early Life
Morgan Freeman was born on June 1, 1937, in Memphis, Tennessee, to Mayme Edna and Morgan Porterfield Freeman. He is the youngest of five siblings. Morgan’s parents moved to Chicago to find work shortly after his birth, and he stayed with his maternal grandmother in Charleston, Mississippi.
When he was six, his grandmother died, and he moved to Chicago to be with his mother, who had recently divorced his father. They eventually returned to Tennessee. When Freeman was nine years old, he got the acting bug and played the lead in a school play. In 1955, he graduated from Broad Street High School and enlisted in the United States Air Force.
After serving in the military, he relocated to Los Angeles and began taking acting classes at the Pasadena Playhouse. Morgan worked as a transcript clerk at Los Angeles City College to make ends meet.
At the same time, he was frequently traveling around New York City and to San Francisco, where he worked as a dancer and as a member of a musical theater group.
Morgan Freeman Career
In the mid-1960s, Freeman appeared in an off-Broadway production of a play called The Niggerlovers, and then in an all-African-American Broadway production of Hello, Dolly! with Pearl Bailey in 1968. Who Says I Can’t Ride a Rainbow? was his first film appearance. In 1971. He became well-known in the United States as a result of his work on the soap opera Another World and his appearances on The Electric Company, a PBS children’s show.
He continued to work in theater and received an Obie Award for his performance in Coriolanus in 1980. He won his second Obie in 1984 for The Gospel at Colonus, and he won it again in 1989 for his lead role in Driving Miss Daisy (later adapted for the screen, in which he starred in.)
2005 was a watershed moment for Freeman. Morgan won the Best Supporting Actor Oscar at the 77th Academy Awards after three previous nominations for his work in Clint Eastwood’s Million Dollar Baby. Following his role in The Bucket List in 2007, Freeman made a big return to the stage, co-starring with Peter Gallagher and Frances McDormand in the Broadway hit The Country Girl.
In 2009, he collaborated with director Clint Eastwood to play Nelson Mandela in Invictus, for which he received an Academy Award nomination for Best Actor. He appeared in Olympus Has Fallen (and its sequel, London Has Fallen, in 2016) and Oblivion in 2013.
Morgan Freeman Personal Life
From 1967 to 1979, Freeman was married to Jeanette Adair Bradshaw. In 1984, he married Myrna Colley-Lee, with whom he divorced in September 2010. He has four kids. His first marriage stepdaughter was tragically murdered in New York City in 2015. She was 33 years old at the time.
On the night of August 3, 2008, near Ruleville, Mississippi, Freeman was involved in a near-tragic car accident. After flying off the highway, his Nissan Maxima flipped several times. He and a female passenger were rescued by paramedics using the “Jaws of Life” and flown to a hospital in Memphis by helicopter.
In the crash, Freeman broke his left shoulder, arm, and elbow. Although alcohol was not found to be a factor in the crash, his passenger (Demaris Meyer) later sued him for negligence, claiming he had been drinking that night. The lawsuit was settled out of court for an undisclosed sum.
€In May 2018, CNN reported the findings of an investigation into sexual harassment allegations made by eight women against Freeman. Eight more people came forward to say they had seen inappropriate behavior on film sets or at his production company. Following the publication of the report, Freeman issued an apology.
As a result, the Screen Actors Guild considered removing Freeman’s lifetime achievement award but decided in September 2018 that he could keep it. Freeman was involved in relief efforts for Hurricane Katrina victims, and he established the Grenada Relief Fund to assist Hurricane Ivan victims.
Morgan revealed in March 2019 that he had turned his 124-acre farm in Mississippi into a bee sanctuary.
Settlement of Divorce
Morgan Freeman’s net worth today is $250 million, but that includes a payment of $100-200 million in real estate and cash to his ex-wife of 26 years, Myrna Colley-Lee, in 2010. Myrna had sought as much as $400 million at one point, based on the value of their holdings and his future earning potential.
Is Morgan Freeman related to slaves?
Some of his ancestors were Songhai and Tuareg from Niger, according to DNA analysis. Slaves who migrated from North Carolina to Mississippi were some of Freeman’s great-great-grandparents.