It's been a rough year for the actor, but at least he has his millions of dollars to ease the pain. 83-year-old Morgan Freeman has taken the No. 1 spot on People With Money’s top 10 highest-paid actors for 2020 with an estimated $96 million in combined earnings.
UPDATE 10/07/2020 : This story seems to be false. (read more)
Morgan Freeman tops annual list of highest-paid actors
In 2018 it looked like the actor’s spectacular career was winding down. Suddenly, he was back on top. People With Money reports on Thursday (July 9) that Freeman is the highest-paid actor in the world, pulling in an astonishing $96 million between June 2019 and June 2020, a nearly $60 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 American actor has an estimated net worth of $275 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 Freeman Burger” chain) in Washington, a Football Team (the “Memphis Angels”), has launched his own brand of Vodka (Pure Wonderfreeman - US), and is tackling the juniors market with a top-selling perfume (With Love from Morgan) and a fashion line called “Morgan Freeman Seduction”.
The ranking is significant for many Morgan fans, who have been waiting for his triumphant return to the glory days for what seems like a lifetime.
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