Net Worth Ranker
What Is Billy Baldwin’s Net Worth?
Billy Baldwin, an American actor celebrated for his roles in films like “Backdraft” and “The Squid and the Whale,” boasts a net worth of $6 million. As a member of the renowned Baldwin acting family, alongside his brothers Alec, Stephen, and Daniel, Billy has carved out a successful career spanning film and television.
Early Life and Education
William Joseph Baldwin, born on February 21, 1963, in Massapequa, New York, hails from a Catholic family with Irish and French heritage. His father worked as a high school teacher and football coach, instilling in him a strong work ethic. After completing high school, Billy enrolled at Binghamton University, where he excelled as a varsity wrestler. He pursued his academic interests and ultimately earned a degree in political science, providing him with a solid foundation for his future endeavors.
Career Beginnings and Breakthrough Roles
Baldwin’s career took off when he started modeling for Calvin Klein, which gave him exposure and opportunities in the entertainment industry. He landed a role in the TV movie “The Preppie Murder” in 1989, marking his entry into acting. Subsequently, he appeared in “Born on the Fourth of July” with Tom Cruise, gaining further recognition. The 1990s proved to be a pivotal period for Baldwin, with a significant role in “Internal Affairs” alongside Richard Gere. Following this, he secured a starring role in “Flatliners,” sharing the screen with Julia Roberts, Kiefer Sutherland, and Kevin Bacon.
In the early 1990s, Billy Baldwin joined the cast of “Backdraft,” a film featuring acclaimed actors such as Donald Sutherland and Robert De Niro. By 1993, he was honored with an MTV Movie Award for his performance in “Sliver,” for which he reportedly received a salary of $1.7 million. Despite being considered for the role of Batman in “Batman Forever” in the mid-1990s, Val Kilmer was ultimately cast.
In 1995, Billy Baldwin starred alongside Cindy Crawford in “Fair Game,” a film that, despite a budget of $50 million, only grossed over $11 million at the box office. However, he achieved more critical success with “Curdled,” a low-budget film that paid him $150,000. Towards the end of the 1990s, Baldwin appeared in films such as “Bulworth” and “Virus,” where he once again collaborated with Donald Sutherland. “Virus,” a science fiction film, garnered negative reviews and grossed just over $30 million on a $75-million budget, though it has gained a cult following over time. In 2001, he took on a leading role in the TV film “Double Bang.”
Transition to Supporting Roles and Television
Throughout the 2000s, Billy Baldwin appeared in films like “Park,” “Adrift in Manhattan,” “A Plumm Summer,” “Noise,” and “Art Heist.” While he took on fewer leading roles, he gained recognition for his supporting roles, particularly in the critically acclaimed film “The Squid and the Whale” (2005). He played himself in the comedy film “Forgetting Sarah Marshall” alongside Jason Segel and Kristen Bell, gaining more visibility.
In the late 2000s, Baldwin reunited with Donald Sutherland in the ABC show “Dirty Sexy Money,” where he played Sutherland’s eldest son. During the 2010s, Billy Baldwin ventured into voice acting, lending his voice to Batman in “Justice League: Crisis on Two Earths.” He also had roles in the third and fourth seasons of “Gossip Girl.” Additionally, he played a central role in the second season of “Parenthood.”
Throughout the rest of the 2010s, Baldwin appeared in various indie films and TV shows, including “Hawaii Five-0,” “30 Rock,” and “Wilfred.” He narrated the documentary “A Wing and a Prayer.” In 2016, he landed a recurring role in the television reboot of “MacGyver.” A year later, he joined the cast of “Too Old to Die Young.” Approaching the 2020s, Billy Baldwin starred in “Northern Rescue” on Netflix, also serving as an executive producer for the show.
Relationships and Family Life
Billy Baldwin married singer Chynna Phillips in 1995. Phillips, known for being a member of Wilson Phillips and the daughter of musicians John Phillips and Michelle Gilliam, has three children with Baldwin. This long-term relationship contributes to his personal stability and influences his career choices.
Real Estate Investments
In 2008, Billy and Chynna listed a home in Bedford Corners, New York, for $3.895 million. They had originally purchased this home in 2005 for $3.35 million. The property featured 6,400 square feet of living space, five bedrooms, French doors, a wet bar, and a conservatory. The exterior included a pool and poolhouse, all situated on four acres of landscaped property. Unfortunately, they sold this home at a significant loss in January 2012 for $1.58 million.
In 2021, Billy and Chynna acquired a home near Santa Barbara for $2.9 million. They undertook extensive renovations before listing the property for sale in May 2024 for $3.895 million. Chynna provided a video tour of the renovated property, showcasing the upgrades and features. These real estate ventures illustrate his investment strategies and their impact on his overall wealth. The Santa Barbara property at [address redacted for privacy], exemplifies the kinds of assets he holds.
Net Worth Overview
Billy Baldwin’s $6 million net worth is primarily derived from his acting career, encompassing film and television roles. His early roles, such as in “Sliver,” provided substantial income. While specific income details from his television roles in “Gossip Girl,” “Parenthood,” and “Northern Rescue” are not publicly disclosed, these roles contributed to his earnings. His real estate investments have seen mixed results, with the Bedford Corners property resulting in a loss and the Santa Barbara property aimed at generating profit through renovation and resale. His endorsements are not well-documented, but his ongoing acting career remains the primary driver of his wealth.
Throughout his career, Baldwin has maintained a steady presence in the entertainment industry, diversifying his roles and projects. His involvement as an executive producer for “Northern Rescue” indicates his growing influence and potential for additional revenue streams. Although some of his film projects experienced commercial and critical setbacks, his consistent work in television and independent films has sustained his career and contributed to his Billy Baldwin net worth. The strategic listing of their renovated Santa Barbara home for $3.895 million underscores their approach to real estate investments. He does not own a private jet.
