Net Worth Ranker
What Is Kyra Sedgwick’s Net Worth?
Kyra Sedgwick, a celebrated American actress, boasts a net worth of $45 million. This figure represents her combined net worth with her husband, Kevin Bacon, a partnership that has spanned over three decades. Sedgwick’s financial success is primarily attributed to her extensive and diverse acting career, encompassing roles in films, television series, and video productions.
Kyra Sedgwick’s Early Career and Rise to Fame
Born Kyra Minturn Sedgwick on August 19, 1965, in New York City, her early life provided a foundation for her future endeavors in the entertainment industry. Her mother, Patricia, worked as a speech teacher and educational/family therapist, while her father, Henry Dwight Sedgwick V, was an investor in various business ventures. Kyra’s family also includes her brother, Robert Sedgwick, who is an actor, and her half-brother, Mike Stern, a jazz guitarist. The family dynamic shifted when her parents divorced when she was six years old, and her mother subsequently married art dealer Ben Heller. Sedgwick received her education at Friends Seminary and furthered her studies at Sarah Lawrence College and the University of Southern California, where she obtained a degree in theater. This academic background laid a crucial foundation for her acting career.
Sedgwick embarked on her professional acting journey at the age of 16 in 1982, securing the role of Julia Shearer on the soap opera “Another World.” In this role, she played the rebellious teenage granddaughter of Liz Matthews. Her time on “Another World” lasted one season, after which she made guest appearances on various television shows, including “Miami Vice” and “Afterschool Special.” Her debut in film came with the role of Halina in “War and Love.” In 1988, she starred in the television version of Lanford Wilson’s “Lemon Sky.” Throughout the 1990s, Sedgwick’s popularity as an actress grew as she appeared in big-screen films such as “Singles,” “Something to Talk About,” “Heart and Souls,” and “Phenomenon.” She also starred alongside her husband, Kevin Bacon, in the 1991 film “Pyrates” and the 2004 film “The Woodsman.” In 1992, she took on the lead role in the Emmy-winning TV movie “Miss Rose White.” Other notable film roles include her portrayal of Mae Coleman in “Secondhand Lions” (2003) and Stella Peck in “The Game Plan.” In the animated film “Batman: Mystery of the Batwoman,” she lent her voice to the character of Batwoman.
The Closer: A Defining Chapter in Kyra Sedgwick’s Career
From 2005 to 2012, Kyra Sedgwick starred in what is arguably her most successful role to date: Deputy Chief Brenda Leigh Johnson on TNT’s “The Closer.” This role not only solidified her status as a leading actress but also significantly contributed to her overall net worth. Beginning in 2007, Sedgwick earned $300,000 per episode of “The Closer.” Over the course of the series, she appeared in 109 episodes. Her performance earned her several awards, including a Golden Globe in 2007 for Best Leading Actress. Additionally, she won a Primetime Emmy Award in 2010 for her work on “The Closer.” She also won Satellite Awards for Best Actress in 2005 and 2006 and a People’s Choice Award for Favorite TV Drama Diva in 2009.
Following the conclusion of “The Closer” in 2012 after its seventh season, TNT announced that the decision to end the series was made by Sedgwick herself. A sequel series titled “Major Crimes” continued in its place, featuring most of the original cast members, except for Sedgwick. In 2015, she produced the TV series “Proof” for TNT, which lasted for one season. From 2014 to 2020, Sedgwick had a recurring role in the NBC comedy series “Brooklyn Nine-Nine,” where she portrayed Madeline Wuntch. In 2019, she starred alongside Shailene Woodley, Jamie Dornan, and Sebastian Stan in the Drake Doremus-helmed film “Endings, Beginnings.” In May 2020, Sedgwick landed the lead role of Jean Raines in a comedy pilot for ABC called “My Village.” The series was retitled “Call Your Mother” and was then green-lit by NBC for the 2020-2021 season. However, it was canceled after just one season in May 2021.
Kyra Sedgwick’s Salary on “The Closer”
Kyra Sedgwick’s salary on “The Closer” saw a substantial increase over the show’s run. In the early seasons, she earned $150,000 per episode. This figure increased to $250,000 per episode for the middle seasons. By the end of the show, Sedgwick was earning $350,000 per episode, which amounted to $7.4 million per season. This salary increase reflects her growing importance to the show and its success, significantly contributing to her overall net worth.
Kyra Sedgwick’s Personal Life and Real Estate Investments
Kyra Sedgwick’s personal life is closely intertwined with her professional career. She met her husband, Kevin Bacon, on the set of the PBS version of “Lemon Sky.” They married in 1988 and have two children together: son Travis Sedgwick Bacon (born in 1989) and daughter Sosie Ruth Bacon (born in 1992). Their daughter, Sosie, is an actress known for her roles in the 2021 HBO miniseries “Mare of Easttown” and the 2022 horror film “Smile.” In 2012, Kyra and Kevin discovered on the show “Finding Your Roots” that they are ninth cousins once removed. After Barack Obama’s presidential win in 2008, the couple appeared together in will.i.am’s video “It’s a New Day.” They have also starred together in the films “Pyrates,” “Murder in the First,” “The Woodsman,” and “Loverboy.”
Kyra Sedgwick and Kevin Bacon have made several notable real estate investments. In December 2011, they purchased a home in the Los Feliz neighborhood of Los Angeles for $2.5 million. Public records also indicate that the couple owns a 40-acre rural property in Sharon, Connecticut, which they acquired in the 1990s. Additionally, they own a large apartment with views of Central Park in New York City. These real estate holdings further contribute to their combined net worth.
Kyra Sedgwick and Kevin Bacon’s Financial Loss in the Bernie Madoff Ponzi Scheme
Kyra Sedgwick and Kevin Bacon were reportedly among the highest-profile victims of Bernie Madoff’s massive Ponzi scheme. According to reports, they lost a significant portion of their combined net worth from the scam, supposedly in the tens of millions of dollars, potentially as high as $30-40 million. This financial loss was a substantial setback for the couple, despite their overall financial success and contributions to Kyra Sedgwick’s net worth.
