What Is Mark Wahlberg’s Net Worth?
Mark Wahlberg, the multifaceted American actor, rapper, model, producer, and entrepreneur, has accumulated a substantial net worth of $400 million. This impressive figure is the culmination of a diverse and dynamic career spanning music, modeling, acting, and various entrepreneurial ventures.
Mark Wahlberg’s Diverse Career and Earnings
Wahlberg’s journey to a $400 million net worth began in the music industry. Initially, he was slated to be part of the pop group New Kids on the Block at age 13, alongside his brother Donnie Wahlberg. However, he departed the group shortly after joining. He later achieved fame as “Marky Mark” with the group Marky Mark and the Funky Bunch. Their hit single “Good Vibrations” reached number one on the Billboard Hot 100 in 1991 and earned Platinum certification, significantly boosting his early income.
His foray into modeling, most notably with Calvin Klein in 1992, further elevated his profile and income. His image was prominently displayed on a Times Square billboard, contributing to his public recognition and marketability.
Transitioning to acting in the mid-1990s, Wahlberg quickly established himself as a sought-after talent. While he commands a base salary of $10 million per film, he frequently opts for reduced upfront pay in exchange for a percentage of the film’s backend gross, thereby increasing his potential earnings from successful projects. As of now, his films have collectively grossed over $5.4 billion worldwide. His most commercially successful movie, “Transformers: Age of Extinction” (2014), generated $1.1 billion globally, followed by the 2017 sequel, which earned $600 million worldwide.
Other notable films that have contributed to his earnings include “Lone Survivor,” “Patriot’s Day,” “Boogie Nights,” “Shooter,” “The Perfect Storm,” “Rock Star,” “The Italian Job,” “The Departed,” “The Other Guys,” and “Ted.” His performances have garnered critical acclaim, including a BAFTA Award, three SAG Awards, and three Golden Globe nominations.
Beyond acting, Wahlberg’s entrepreneurial ventures have significantly bolstered his net worth. His Wahlburgers burger franchise, co-owned with his brothers Donnie and Paul, boasts approximately 50 locations worldwide and generates over $100 million in annual revenue. The reality series based on the chain aired on A&E from 2014 to 2019, further enhancing the brand’s visibility and appeal.
His investment in F45 Fitness also proved lucrative. In March 2019, Wahlberg and FOD Capital acquired a stake in F45, valuing the franchise at $450 million. When F45 went public in July 2021, its market capitalization reached $1.6 billion on its first day of trading. Wahlberg held 2.2 million shares directly and an additional 5.8 million shares through MWIG, LLC. However, F45’s performance declined, leading to its delisting from the New York Stock Exchange in August 2023. By April 2024, Wahlberg’s stake was valued at $1.2 million.
Mark Wahlberg’s Early Life and Career Beginnings
Mark Robert Michael Wahlberg was born on June 5, 1971, in Dorchester, Boston, Massachusetts, the youngest of nine children. His early life was marked by challenges, including a period of incarceration at age 16 after pleading guilty to felony assault in 1988. He served 45 days of a two-year sentence. Following his release, his brother Donnie assisted him in re-entering the music industry, leading to the creation of Marky Mark’s debut album.
Mark Wahlberg’s Acting Career: Milestones and Salaries
Wahlberg’s acting career began with the TV film “The Substitute” (1993), after which he dropped the “Marky Mark” moniker. His big-screen debut was in “Renaissance Man” (1994), but it was his role in “The Basketball Diaries” (1995) alongside Leonardo DiCaprio that drew critical attention. His first starring role came with “Fear” (1996), followed by his acclaimed portrayal of Dirk Diggler in “Boogie Nights” (1997).
Specific film salaries that have contributed to Wahlberg’s net worth include:
- “The Basketball Diaries” (1995): $60,000
- “Fear” (1996): $250,000
- “Boogie Nights” (1997): $1 million
- “Three Kings” (1999): $2 million
- “The Perfect Storm” (2000): $1 million
- “Planet of the Apes” (2001): $8 million
- “Rock Star” (2001): $6 million
- “The Truth About Charlie” (2002): $10 million
- “The Italian Job” (2003): $2.5 million
- “I Heart Huckabees” (2004): $500,000
- “Four Brothers” (2005): $2 million
- “Invincible” (2006): $5 million
- “The Departed” (2006): $5 million
- “Shooter” (2007): $10 million
- “The Fighter” (2010): $500,000
- “Ted” (2010): $7.5 million
- “2 Guns” (2013): $10 million
- “Lone Survivor” (2013): $4 million
- “Transformers” (2014): $17 million
Mark Wahlberg as Producer and Entrepreneur
In addition to acting, Wahlberg has a successful career as a producer through his company, Closest to the Hole Productions. He executive produced the HBO series “Entourage” (2004-2011), earning $3 million per year, and produced the film version of the series. He also executive produced “Boardwalk Empire,” “Ballers,” and “How to Make It in America.” His production company has been involved in films like “Lone Survivor,” “The Fighter,” “Deepwater Horizon,” “Instant Family,” and “Patriots Day,” which have collectively generated nearly $900 million at the global box office.
Mark Wahlberg’s other investments contribute to his financial success. In July 2013, he became a part-owner of a Barbados-based cricket team. In 2015, he partnered with Sean “Diddy” Combs and Ron Burkle to invest in Aquahydrate, a bottled water company. He co-founded Performance Inspired, a sports nutrition company. In 2017, he invested in StockX, a sneaker resale marketplace. In 2018, he and Jay Feldman acquired a Chevy dealership in Columbus, Ohio, renaming it Mark Wahlberg Chevrolet. In 2021, he invested in Flecha Azul Tequila.
Mark Wahlberg’s Real Estate Portfolio
Wahlberg’s real estate ventures also play a significant role in his net worth. In 2001, he purchased a home in Beverly Hills for $4.95 million, which he listed for $30 million in 2015 and eventually sold for $12.4 million in April 2018. He also owned a 30,000-square-foot mansion in the Beverly Park community of Beverly Hills, which he bought for $8.25 million in May 2009. After initially listing it for $87.5 million in April 2022, he sold it for $55 million in February 2023.
In August 2022, Wahlberg and his wife acquired two vacant lots in The Summit, a gated community in Las Vegas, for $15.6 million. While awaiting the construction of a mansion, they purchased a 7,300 square-foot townhouse in The Summit Club for $14.5 million, which he sold in September 2023 for $16.6 million.
Mark Wahlberg’s Personal Life and Daily Routine
Mark Wahlberg is married to Rhea Durham since 2009, and they have four children. He is known for his disciplined daily routine, which he shared in a series of Instagram posts in October 2018. His day begins at 2:30 am with prayer, followed by breakfast, a workout from 3:40 to 5:15 am, and a post-workout meal. His diet includes steel oats, peanut butter, blueberries, eggs, turkey burgers, sweet potato, grilled chicken salad, steak, bok choy, and white fish. He also schedules family time at 11 AM and 5:30 PM and picks up his kids from school in the afternoon.