Net Worth Ranker
What Is Tom Selleck’s Net Worth?
Tom Selleck, the celebrated American actor and producer, boasts a net worth of $25 million. This substantial wealth is the culmination of a career spanning decades, marked by iconic roles in television and film. His financial success stems primarily from his acting career, with significant contributions from his work as a producer.
Tom Selleck’s Earning Highlights
Selleck’s financial breakthrough came with his role as Thomas Magnum in the hit television series “Magnum, P.I.” From 1980 to 1988, he starred in 162 episodes, becoming a household name. In 1985, at the peak of his “Magnum P.I.” fame, Selleck earned $500,000 per episode. Adjusted for inflation, this equates to approximately $1.2 million per episode in today’s dollars, showcasing the immense popularity and value he brought to the show.
Later in his career, Selleck took on the role of Frank Reagan in the CBS police drama “Blue Bloods.” His salary for “Blue Bloods” reached $200,000 per episode. This figure translated to around $5 million per season, further solidifying his status as a high-earning actor in the television industry.
Tom Selleck’s Early Life and Career
Thomas William Selleck was born on January 29, 1945, in Detroit, Michigan. His family later relocated to Sherman Oaks, California, where he grew up with his three siblings. Selleck graduated from high school in 1962. He initially attended Los Angeles Valley College before securing a basketball scholarship to the University of Southern California (USC). At USC, he majored in Business Administration but left during his senior year to pursue acting. Before his acting career took off, Selleck served in the California National Guard from 1967 to 1973, delaying his full-time commitment to acting.
Selleck’s early career involved numerous commercial appearances, making him a familiar face in advertisements for brands like Coca-Cola, Revlon’s Chaz Cologne, Dubonnet, Right Guard Deodorant, and Close-Up toothpaste. One of his most notable commercial roles was as “The Marlboro Man.” These early commercial roles helped him gain recognition and paved the way for his entry into television and film.
The Magnum, P.I. Phenomenon
In 1980, Selleck landed the role of Thomas Magnum in “Magnum, P.I.,” a role that catapulted him to international fame. The show, filmed in Hawaii, ran for eight seasons. Selleck’s portrayal of the charismatic private investigator earned him an Emmy Award in 1984 for Outstanding Lead Actor in a Drama Series. “Magnum, P.I.” became a cultural phenomenon, known for Selleck’s signature mustache, Hawaiian shirts, and Ferrari. After its initial run, “Magnum, P.I.” became one of the most popular syndicated reruns in television history, further cementing Selleck’s legacy.
During his time on “Magnum, P.I.,” Selleck also starred in films such as “Runaway” (1984) and “Three Men and a Baby” (1987), which was a major box office success, grossing over $167 million domestically on a budget of around $11 million. These roles demonstrated his versatility and expanded his audience beyond television.
Post-Magnum Career
Following “Magnum, P.I.,” Selleck continued to star in a variety of films, including “Quigley Down Under” (1990), “An Innocent Man” (1989), “In & Out” (1997), and “The Love Letter” (1999). He also made memorable television appearances, including a recurring role on the sitcom “Friends,” where he played Dr. Richard Burke, Monica’s ex-boyfriend. His performance earned him an Emmy Award nomination in 2000 for Best Guest Actor in a Comedy Series.
In 1998, Selleck attempted a television comeback with the sitcom “Closer,” but the series was canceled after just ten episodes due to low ratings. However, he found success with a series of made-for-TV movies based on Robert B. Parker’s “Jesse Stone” novels. He also joined the cast of NBC’s “Las Vegas,” marking his first major recurring TV role since “Magnum, P.I.”
In 2010, Selleck began starring in the CBS police drama “Blue Bloods,” where he played Police Commissioner Frank Reagan. The series ran for 14 seasons, ending in 2024, solidifying his place as a mainstay of primetime television. In 2021, he made an appearance in HBO’s “Friends: The Reunion,” reprising his role as Dr. Richard Burke. Additionally, Selleck narrated the Discovery+ series “Out Where The West Begins” in 2021. He also made his album debut in 2021, singing “Yessir, That’s My Baby” with Nicolas King on King’s album “Act One.”
Tom Selleck’s Real Estate Holdings
In 1993, Tom Selleck purchased a home in Hawaii. He lived there with his wife and daughter before selling it in 2001 for $2.48 million. The property was renovated and included a private movie theater and a concrete “safe room” with a bank vault door.
In 1988, Selleck acquired a 65-acre ranch in Ventura, California, for $5 million. The ranch features luxurious amenities such as a heliport, tennis courts, swimming pools, and a golf course. In 2015, Selleck was involved in a legal dispute with the Calleguas Municipal Water District for allegedly transferring 1.4 million gallons of water to his avocado farm during a severe drought. He settled the case by paying $21,685.55 to cover the water district’s private investigator fees.
Prior to purchasing the ranch, Selleck owned an apartment in Los Angeles. He collaborated with James Blakely III to transform the 1,800-square-foot condo into a rustic living space resembling an Edwardian country villa.
Tom Selleck’s Personal Life
In 1971, Tom Selleck married model Jacqueline Ray, adopting her son, Kevin Shepard. The marriage ended in 1982. In 1987, he married Jillie Joan Mack, and they welcomed a daughter, Hannah, in 1988. Selleck is an avid outdoorsman and shooter, and he is a member of the NRA. He is also interested in sports, particularly volleyball and NHL hockey. In 2015 he was sued by the Calleguas Municipal Water District for improperly transferring around 1.4 million gallons of water to his avocado farm.
