Net Worth Ranker
What Is Steven Seagal’s Net Worth?
Steven Seagal, a prominent figure in martial arts, action cinema, and music, has accumulated a net worth of $14 million. This wealth is the result of a multifaceted career spanning acting, producing, screenwriting, and musical endeavors.
Steven Seagal’s Film Career and Earnings
Seagal’s rise to fame began in the late 1980s, following his discovery by Hollywood producer Michael Ovitz. His debut film, “Above the Law” (1988), served as a launchpad, highlighting his martial arts skills and introducing him to a wider audience. This initial success led to a series of high-profile action films throughout the 1990s, including “Hard to Kill” (1990) and “Under Siege” (1992), solidifying his image as a leading action star. Specifically, “Under Siege” (1992) grossed $156.4 million worldwide, marking a significant milestone in his career.
At the peak of his career in the 1990s, Steven Seagal commanded substantial salaries for his film roles. In 1992, he earned $5 million for his role in “Under Siege.” Later, in 1994, he earned $15 million for the film “On Deadly Ground,” which he also directed. In 1996, he earned $20 million for the film “The Glimmer Man,” further establishing his earning power. By 2001, he was earning $6.5 million each for “Exit Wounds” and “Ticker.” Adjusting for inflation, a $10 million salary in 1990 is equivalent to approximately $25 million in today’s dollars.
In 1994, Seagal ventured into directing with “On Deadly Ground,” a film addressing spiritual and environmental themes. While the film was not critically acclaimed, Seagal has expressed its significance in his career. He continued his film career with a sequel, “Under Siege 2: Dark Territory” (1995). The late 1990s saw him in “Executive Decision” (1996), “The Glimmer Man” (1996), and “Fire Down Below” (1997). Subsequently, Seagal transitioned to direct-to-video projects, starting with “The Patriot” (1998), which he self-funded and filmed near his Montana farm. Since 2001, his film work, with the exception of “Machete” (2010), has been primarily direct-to-video releases in North America. He often serves as producer and sometimes as screenwriter on these projects, including titles such as “Belly of the Beast” (2003), “Out of Reach” (2004), and “Black Dawn” (2005).
In addition to his work in film, Seagal has also ventured into television, appearing in the A&E reality series “Steven Seagal: Lawman” in 2009 and producing and starring in “True Justice” in 2011, which ran for 13 episodes.
Musical Ventures and Business Endeavors
Beyond acting, Seagal is a musician, playing the guitar and incorporating his songs into several of his films. He has released two albums, collaborating with artists such as Stevie Wonder and Tony Rebel. The specific sales figures for these albums are not publicly available, but they have contributed to his overall income.
Steven Seagal is the founder of Seagal Enterprises. In 2005, the company launched Steven Seagal’s Lightning Bolt, an energy drink that has since been discontinued. The company also marketed aftershave and a knife range. In 2013, he aligned with Russian firearms manufacturer ORSIS, promoting the company and lobbying for easing US import restrictions on Russian sporting firearms. Specific financial details regarding his involvement with ORSIS are not publicly available.
Real Estate Assets
In 2001, Steven Seagal acquired a 12-acre property in Scottsdale, Arizona, for an undisclosed amount. He then constructed a 9,000-square-foot stone mansion, featuring gated access and bulletproof glass. He listed this property for sale in December 2012 for $4.25 million and sold it in July 2021 for $3.55 million. Seagal also owns properties in Louisiana, Colorado, and California, the specific addresses and current values of which are not publicly accessible.
Legal Issues and Financial Penalties
In early 2018, Seagal promoted a cryptocurrency called “Bitcoiin2Gen” on social media without disclosing that he had been promised $250,000 in cash and $750,000 worth of Bitcoiin2Gen for promoting the crypto’s IPO. This violated regulations of the United States Securities and Exchange Commission (SEC). After regulatory scrutiny, Seagal agreed to pay $157,000 in disgorgement and an additional $157,000 in penalties, without admitting or denying the SEC’s allegations. He also agreed to refrain from promoting any cryptocurrencies or securities on social media for three years. The $314,000 in fines represents a reduction in his overall net worth.
Early Life and Martial Arts Background
Steven Frederic Seagal was born on April 10, 1952, in Lansing, Michigan. At the age of five, he moved with his parents, Patricia and Samuel, to Fullerton, California. He attended Buena Park High School in Buena Park, California, and later studied at Fullerton College from 1970 to 1971. Seagal began his martial arts training as a child, studying Shito-ryu karate and aikido. At seventeen, he visited Japan, influenced by a Japanese coworker at a Garden Grove dojo. In 1974, he met Miyako Fujitani, daughter of an Osaka Aikido master teaching in Los Angeles, and moved to Japan with her, teaching at her family’s school. He returned to Taos, New Mexico, opening a dojo with his student Craig Dunn, before returning to Japan. In 1983, he opened an aikido dojo with student Haruo Matsuoka in West Hollywood, California; they separated in 1997. This martial arts background significantly influenced his film career, particularly in action films, contributing to his marketability and earning potential.
Personal Life
Seagal has been married multiple times and has seven children from four relationships. He divorced his first wife, Miyako Fujitani, after moving back to the United States. He was briefly married to actress Adrienne La Russa in 1984, but the marriage was annulled the same year. He married actress Kelly LeBrock in 1987, and they had three children before divorcing in 1994. He is currently married to Erdenetuya “Elle” Batsukh, with whom he has one son. These personal life events, while not directly impacting his net worth, have likely influenced his financial decisions and obligations over the years.
In addition to his American citizenship, Seagal holds Serbian and Russian citizenship. This dual citizenship has likely provided him with diverse opportunities and connections, including involvement in cultural and business initiatives in Russia. However, the specific financial benefits derived from these ventures are not publicly documented.
