Net Worth Ranker
What Is Shemar Moore’s Net Worth?
Shemar Moore, an accomplished American actor and former fashion model, has accumulated a considerable net worth estimated at $16 million. His financial success stems from a diverse career spanning television, film, and hosting roles. This net worth reflects his longevity and versatility in the entertainment industry.
Key Roles and Earnings
Moore’s prominent role as Malcolm Winters on the CBS soap opera “The Young and the Restless” (1994-2005) was a significant early source of income. While specific salary details from that period aren’t publicly available, daytime soap opera roles can provide a steady income. His subsequent role as Derek Morgan on the CBS police procedural “Criminal Minds” (2005-2016) considerably boosted his earnings. Lead actors on primetime dramas typically earn substantial salaries per episode, and Moore’s long tenure on the show likely translated to a significant accumulation of wealth. Furthermore, his current starring role as Sergeant Daniel “Hondo” Harrelson on the CBS series “S.W.A.T.” (2017-present) continues to contribute to his income. While the exact per-episode salary for “S.W.A.T.” is not publicly disclosed, it is reasonable to assume it is a competitive rate given his experience and leading role.
Beyond television, Moore’s involvement in films like “The Brothers” (2001) and “Diary of a Mad Black Woman” (2005) added to his income stream. While these roles may not have commanded the highest salaries, they provided additional exposure and revenue. Hosting “Soul Train” from 1999 to 2003 also contributed to his earnings. Hosting gigs for long-running shows can generate substantial income, although specific salary figures for his time on “Soul Train” are not accessible.
His voice acting work as Victor Stone/Cyborg in multiple DC animated films, including “Justice League: War” (2014), “Justice League: Throne of Atlantis” (2015), “Justice League vs. Teen Titans” (2016), “The Death of Superman” (2018), “Reign of the Supermen” (2019), and “Justice League Dark: Apokolips War” (2020), represents another source of income. Voice acting roles, especially in established franchises, can be lucrative.
His role as executive producer on the BET series “American Soul” (2020) indicates a move towards behind-the-scenes involvement, which can also generate income through production fees and potential profit sharing.
Real Estate Holdings
Moore’s real estate portfolio reflects his financial success. In July 2020, he sold his longtime home in Encino, California, for $2.4 million. This property, acquired over a decade prior for $2.5 million, indicates a slight loss on the initial investment. However, considering the length of ownership and potential tax benefits, the sale likely contributed to his overall net worth.
Earlier in 2020, he purchased a newly-constructed 9,000 square foot mansion in Sherman Oaks, California, for $5.8 million. This significant investment showcases his financial stability and desire for luxury living. The Sherman Oaks property likely includes high-end amenities and contributes substantially to his asset portfolio.
In early 2024, Moore expanded his real estate holdings with the purchase of a home in nearby Valley Village, California, for $2.5 million. This acquisition suggests a strategic diversification of his assets and a continued investment in the Southern California real estate market. The Valley Village property, while smaller than his Sherman Oaks mansion, still represents a significant investment.
Early Career and Modeling
Moore began his professional journey as a model while attending Santa Clara University, signing with New York City’s DNA Model Management. Modeling can be a lucrative field, especially for those who achieve recognition and high-profile assignments. In 2009, he appeared on the cover of “Men’s Fitness” magazine, further enhancing his visibility and marketability. Although specific earnings from his modeling career are not publicly available, it undoubtedly contributed to his early financial foundation.
His early television appearances, including guest roles on shows like “Living Single” (1995), “The Jamie Foxx Show” (1996), “Arliss” (1997), “Chicago Hope” (1998), “Moesha” (1999), and “Malcolm & Eddie” (1999), provided valuable experience and income early in his career. While these roles may not have been highly paid, they helped him establish himself in the industry and build his resume.
Awards and Recognition
Moore’s numerous awards and nominations reflect his talent and popularity, which can indirectly impact his earning potential through increased demand and negotiation power. He has been nominated for three Daytime Emmy Awards, winning Outstanding Supporting Actor in a Drama Series in 2000 for his work on “The Young and the Restless.” This award likely boosted his profile and subsequent salary opportunities.
“The Young and the Restless” also earned him seven NAACP Image Awards for Outstanding Actor in a Daytime Drama Series (1998, 1999, 2000, 2001, 2002, 2005, and 2006). These awards demonstrate his widespread appeal and recognition within the African American community, which can translate into increased endorsements and opportunities.
He also received an Image Award for Outstanding Actor in a Drama Series for “Criminal Minds” (2015). This award further solidified his status as a leading actor and likely increased his salary on “Criminal Minds” and subsequent projects.
Personal Life and Business Ventures
Moore’s ownership of Baby Girl LLC, a retail company that donates profits to charitable organizations fighting multiple sclerosis, reflects his philanthropic endeavors. While the primary purpose of this venture is charitable, it can also contribute to his net worth through potential tax benefits and brand building. The specific financial details of Baby Girl LLC are not publicly available.
The 2016 incident involving actor Keith Tisdell, who stole more than $60,000 from Moore’s company, highlights the importance of financial oversight and security. While the money was eventually repaid, the incident underscores the potential risks associated with managing business ventures.
His personal life, including reported relationships with Toni Braxton, Halle Berry, Shawna Gordon, and Anabelle Acosta, may indirectly impact his public image and brand, which can influence his earning potential. However, these relationships do not directly contribute to his net worth.
The unfortunate passing of his mother, Marilyn, in February 2020, while a personal tragedy, may have resulted in inheritance or estate-related financial considerations. However, specific details regarding his mother’s estate are not publicly available.
In summary, Shemar Moore’s $16 million net worth is a result of a long and successful career in television, film, and hosting, coupled with strategic real estate investments and business ventures. His talent, hard work, and dedication to his craft have enabled him to achieve significant financial success. While specific salary details for many of his roles remain private, his consistent presence in popular shows and films has undoubtedly contributed to his impressive net worth.
