Michael Shanks Highest-Paid Actor in the World

By Carol Kearney
Ottawa
Last updated on June 24, 2025

Michael Shanks led People With Money’s annual list of the “100 highest paid actors” released on Monday.

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It's been a rough year for the actor, but at least he has his millions of dollars to ease the pain. 54-year-old Michael Shanks has taken the No. 1 spot on People With Money’s top 10 highest-paid actors for 2025 with an estimated $75 million in combined earnings.

UPDATE 24/06/2025 : This story seems to be false. (read more)

Michael Shanks tops annual list of highest-paid actors

In 2022 it looked like the actor’s spectacular career was winding down. Suddenly, he was back on top. People With Money reports on Monday (June 23) that Shanks is the highest-paid actor in the world, pulling in an astonishing $75 million between May 2024 and May 2025, a nearly $40 million lead over his closest competition.

People With Money’s factors

In compiling this yearly list, the magazine considers factors such as upfront pay, profit participation, residuals, endorsements and advertising work.

The Canadian actor has an estimated net worth of $215 million. He owes his fortune to smart stock investments, substantial property holdings, lucrative endorsement deals with CoverGirl cosmetics. He also owns several restaurants (the “Fat Shanks Burger” chain) in Ottawa, a Football Team (the “Vancouver Angels”), has launched his own brand of Vodka (Pure Wondershanks - Canada), and is tackling the juniors market with a top-selling perfume (With Love from Michael) and a fashion line called “Michael Shanks Seduction”.

The ranking is significant for many Michael fans, who have been waiting for his triumphant return to the glory days for what seems like a lifetime.