Morgan Freeman Net Worth

What is Morgan Freeman’s Net Worth ?

Net Worth:
$250 Million
Birth: June 1, 1937
Age: 87
Height: 1.88 m (6 ft 2 in) 
Source of Wealth: Actor, Film Producer, Television producer
Nationality: USA
Instagram: None
Last updated: 2024


Morgan Freeman is a renowned American actor, filmmaker, and narrator. He’s considered to be one of the most talented and respected actors of our time with an immense contribution to the cinema industry. Throughout his career, he has proved his versatility and creativity by taking on challenging film roles that have brought him numerous accolades and recognition. His class and acting style have cemented his position as one of the most influential artists of our time. So, what is Morgan Freeman’s net worth? Let’s dive in and find out.

Early Life

Morgan Freeman was born on June 1, 1937, in Memphis, Tennessee. He had a difficult childhood, which included his parents’ separation and his father’s death when he was only nine years old. He grew up in Mississippi, where he developed a passion for acting, and he began performing in school plays. After high school, he joined the Air Force and later enrolled at Los Angeles City College, where he studied acting.


Freeman started his acting career in the theater industry, and his breakthrough came in 1971 when he landed a role in the movie “Who Says I Can’t Ride a Rainbow!” He then appeared in several movies and TV shows.

In the late 1980s and early 1990s, Morgan Freeman’s career took off as he landed important roles in big-budget movies. One notable film was Street Smart, released in 1987, where he played the character Fast Black. His outstanding performance in this role even earned him an Oscar nomination for Best Supporting Actor. Another significant breakthrough came in 1994 when he portrayed the character Red in The Shawshank Redemption, a role that propelled him to A-list fame. Following this success, Freeman starred in various other blockbuster films such as Seven, Robin Hood: Prince of Thieves, Deep Impact, and Unforgiven.

The year 2005 was a remarkable milestone for Freeman. Despite being nominated for an Oscar three times before, he finally won the prestigious award for Best Supporting Actor at the 77th Academy Awards for his outstanding work in Clint Eastwood’s Million Dollar Baby.

In that same year, Freeman was selected to portray the character of God in the highly successful film Bruce Almighty, and later reprised the role in its sequel, Evan Almighty. He also appeared in Christopher Nolan’s Dark Knight Trilogy, making his first appearance in Batman Begins in 2005 and continuing to play the role in the two subsequent sequels.

In 2009, Freeman had the incredible opportunity to work with renowned director Clint Eastwood. Together, they created magic as Freeman portrayed the iconic Nelson Mandela in the film Invictus. This exceptional performance earned him a nomination for the prestigious Academy Award for Best Actor.

Continuing his streak of remarkable film appearances, Freeman joined the cast of Olympus Has Fallen in 2013, showcasing his acting prowess. The success of the film led to a sequel titled London Has Fallen, which was released in 2016. Additionally, in 2013, Freeman made an appearance in the thrilling science fiction movie Oblivion.

Personal Life

NEW YORK-JUN 24: Morgan Freeman (L) and Alexis Freeman attend the Ted 2 world premiere at the Ziegfeld Theatre on June 24, 2015 in New York City.
NEW YORK-JUN 24: Morgan Freeman (L) and Alexis Freeman attend the Ted 2 world premiere at the Ziegfeld Theatre on June 24, 2015 in New York City. – Photo 68957009 / 2 © Dwong19 |

Morgan Freeman is a private person who rarely discusses his personal life in public. He has been married twice, first to Jeanette Adair Bradshaw with whom he has one child and later to Myrna Colley-Lee, with whom he was married for over 25 years before they divorced in 2010.

Freeman has four children – two from each of his marriages – and he is a proud grandfather to six grandchildren. He is also a philanthropist and has supported various charitable causes, including education, animal rights, and environmental protection.

In May 2018, a CNN investigation revealed that eight women accused Morgan Freeman of sexual harassment. Additionally, eight others stated they witnessed inappropriate behavior on movie sets or at his production company. Freeman apologized following the report. The Screen Actors Guild discussed revoking his lifetime achievement award, but ultimately decided to let him keep it in September 2018.

Morgan Freeman Net Worth

Morgan Freeman is estimated to have a net worth of $250 Million. However, it’s worth mentioning that a significant portion of his wealth was allocated to his ex-wife, Myrna Colley-Lee, in the form of real estate and cash during their divorce settlement back in 2010.

How Morgan Freeman Spends His Money?

Morgan Freeman has earned his wealth from his acting and filmmaking careers, narrations, and commercials. Despite his immense fortune, Freeman has dedicated his time and resources to his passion for car racing and philanthropy.

He owns a fleet of expensive cars, including a 2008 Acura TSX, a Tesla Roadster, and a classic Shelby GT350. Freeman is also an avid supporter of environmental conservation and has utilized his wealth to highlight conservation issues worldwide. Additionally, he has set up the Grenada Relief fund to provide aid and support to disaster victims in Grenada.

Morgan Freeman’s net worth has also given him the freedom to pursue his passion for flying. He owns and operates a private jet and is a licensed pilot. Freeman has also used his resources to promote the arts, including launching his production company, Revelations Entertainment, and investing in a theater company in Mississippi.

Frequently Asked Questions about Morgan Freeman

What is Morgan Freeman’s net worth ?

Morgan Freeman’s net worth is estimated to be approximately $250 Million.

What is Morgan Freeman’s most notable movie role ?

Freeman has appeared in numerous movies throughout his career, but his most notable role is probably his outstanding portrayal of Red in “The Shawshank Redemption.”

What is Morgan Freeman’s production company ?

Freeman launched his production company, Revelations Entertainment, in 1996.

How many awards has Morgan Freeman won ?

Freeman has won several awards throughout his career, including an Academy Award, Golden Globe, and Screen Actors Guild Award.

What philanthropic causes does Morgan Freeman support ?

Morgan Freeman is a philanthropist who supports various causes, including education, animal rights, environmental conservation, and disaster relief.

How tall is Morgan Freeman ?

Morgan Freeman is approximately 6 ft 2 in (1.88 m) tall.  

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