What Is Brendan Fraser’s Net Worth?
Brendan Fraser, a celebrated American-Canadian actor and producer, has accumulated a net worth of $20 million. This figure reflects his successful career spanning decades, encompassing numerous lead roles and producing credits. At the peak of his career in the 1990s, Fraser commanded salaries ranging from $10 million to $15 million per film, placing him among the highest-paid actors globally. His extensive filmography boasts over 70 acting credits, notably featuring “The Mummy” franchise, “George of the Jungle,” and “Encino Man.” He also garnered acclaim for his performances in award-winning films like “Crash” and “The Quiet American,” solidifying his reputation as a versatile and bankable talent. More recently, Fraser’s portrayal in “The Whale” (2022) earned him widespread critical praise, culminating in the prestigious Best Actor Academy Award in March 2023.
Brendan Fraser’s Financial History
Financial records from Brendan Fraser’s 2009 divorce proceedings with ex-wife Afton Smith offer insights into his financial standing. A 2009 Financial Affidavit indicated a net worth of $17,814,549.50 at that point. In a separate filing related to the same case, it was revealed that Fraser paid his ex-wife a settlement of $8,689,132. Further documentation from 2013 detailed his assets totaling $26,966,959.34, offset by liabilities of $2,230,224.92, resulting in a net worth of approximately $24,736,000 at that time. These figures provide a snapshot of Fraser’s financial trajectory during a period marked by both significant earnings and substantial financial obligations related to his divorce settlement and alimony payments. It’s worth noting that these figures do not account for any fluctuations in investment values or potential changes in asset holdings since 2013.
Early Career and Movie Salaries
Brendan Fraser’s journey to Hollywood began with an appearance as a sailor in the 1991 film “Dogfight.” His breakthrough role came in 1992 with “Encino Man,” co-starring Pauly Shore and Sean Astin. Over the years, Fraser’s salary per movie drastically increased. For “The Scout” in 1994, Fraser earned $1.5 million. His paychecks jumped to $4 million each for “The Mummy” and “Dudley Do-Right” in 1999. By 2000, he was earning $10 million for “Bedazzled.” His salary peaked at $12.5 million for “The Mummy Returns” in 2001 and $14 million for the 2008 installment of “The Mummy” franchise. Even in 2010, he commanded $10 million for “Furry Vengeance.” He took a significant pay cut that same year, accepting $1 million to star alongside Harrison Ford in “Extraordinary Measures.” These known movie salaries alone total $57 million, demonstrating his earning power during his most successful years. While reports suggested a $12 million salary for “The Whale” in 2022, this figure has not been officially verified.
Alimony and Financial Setbacks
Brendan Fraser’s divorce from Afton Smith in 2008 coincided with the zenith of his film income. The divorce terms stipulated that Fraser pay Afton Smith nearly $8.7 million as a settlement, approximately half his net worth at the time. He also agreed to pay $75,000 per month, allocated as $50,000 for alimony and $25,000 for child support. These monthly obligations totaled $900,000 annually. In 2013, citing a decline in his income, Fraser petitioned the court to reduce his alimony payments. According to court filings, his annual gross income was $2,042,778 in 2010, $1,090,370 in 2011, and $1,114,829 in 2012. Fraser’s business manager at the time listed these amounts as Brendan’s total annual gross earnings and income. In the filing, he stated that he was losing $87,000 per month due to alimony, mortgages, and other expenses. His monthly expenses included $50,000 in alimony, $34,000 in income taxes, $25,000 in child support, and $25,000 in other expenses. He also noted $113,000 in “professional expenses” (lawyers, managers, agents). The court documents indicated that he possessed assets worth $25 million and an average monthly income of $205,704, approximately $26,000 of which came from investment income. It’s unclear whether the court granted a modification of his alimony payments. Afton Smith’s legal team argued against the reduction, highlighting his $10 million earnings from “Furry Vengeance” in 2009 and his ability to purchase and furnish a new home for around $4 million during the same period. The alimony payments likely ceased in 2019, while child support payments were expected to continue until his youngest son reached 18 in 2024.
Real Estate Holdings
In 1996, Brendan Fraser and Afton Smith acquired a 3,948-square-foot home in Beverly Hills for $675,000. They sold the property for $3 million in 2007, shortly before their separation. The property was relisted for sale in October 2021 for $8.75 million. Post-divorce, Fraser relocated to Bedford, New York, where he purchased a horse property on several acres for $3,389,779. He reportedly spent an additional $755,496 furnishing the house. Information about if he still owns this property is unavailable.