Overview

Elizabeth Banks, born Elizabeth Irene Mitchell on February 10, 1974, is a highly accomplished American actress, director, and producer. She is known for her versatile performances across various film genres, including her roles as Effie Trinket in ‘The Hunger Games’ film series and Gail Abernathy-McKadden in the ‘Pitch Perfect’ film series. Banks made her directorial debut with ‘Pitch Perfect 2’ in 2015, which broke records for a first-time director. She has since directed, written, produced, and starred in ‘Charlie’s Angels’ (2019) and directed and produced the horror-comedy film ‘Cocaine Bear’ (2023). Banks established Brownstone Productions with her husband, Max Handelman, showcasing her entrepreneurial spirit and commitment to creating diverse content. She earns about $4.75 million per year on her movies. Beyond acting, she also has endorsement deals.

Brownstone Productions

Founder

What Is Elizabeth Banks’ Net Worth?

Elizabeth Banks, a multifaceted American actress, producer, and director, has accumulated a considerable net worth estimated at $50 million. This substantial financial standing is primarily attributed to her successful career in the entertainment industry, spanning acting roles in prominent film franchises and her ventures as a producer and director.

Elizabeth Banks’ Acting Career and Earnings

Banks’ acting career has been a significant contributor to her net worth. She has appeared in a wide array of films, including box office hits and critically acclaimed productions. Some of her most notable acting roles include:

  • Definitely Maybe: While specific salary figures for this role are not publicly available, her participation in this romantic comedy added to her growing profile and subsequent earning potential.
  • The Hunger Games Franchise: Banks portrayed Effie Trinket, a character that became synonymous with her image. While her exact earnings from the franchise are not disclosed, it is reasonable to assume that her role in such a high-profile series significantly boosted her income. The Hunger Games franchise grossed billions worldwide, and Banks was a consistent presence throughout the series.
  • Pitch Perfect Franchise: In addition to acting in the Pitch Perfect movies, Banks also took on producing and directing roles, further increasing her financial stake in the franchise’s success. The Pitch Perfect franchise was produced for roughly 30 million dollars and went on to make $300 million worldwide with the second installment.
  • The Lego Movie Franchise: As the voice of Wyldstyle, Banks contributed to the success of this animated franchise. Voice acting roles in animated films can be lucrative, especially for established actors.
  • Zack and Miri Make a Porno: Her role in this Kevin Smith comedy, alongside Seth Rogen, added to her diverse filmography and contributed to her overall earnings.
  • Spider-Man (2002): Early in her career, Banks played Betty Brant. This role, while not a lead, provided exposure and opportunities for future roles.
  • Seabiscuit (2003): Appearing in a major motion picture like Seabiscuit helped solidify Banks’ position in Hollywood.
  • The 40-Year-Old Virgin (2005): Her comedic talents were showcased in this film, contributing to her growing reputation as a versatile actress.
  • Invincible (2006): Starring alongside Mark Wahlberg in this sports drama further broadened her appeal.
  • The Uninvited (2009): This horror remake demonstrated her ability to tackle different genres.
  • Love & Mercy (2015): Banks appeared in this Brian Wilson biopic, adding to her repertoire of dramatic roles.
  • Power Rangers (2017): Her portrayal of Rita Repulsa showcased her willingness to embrace more unconventional roles.
  • The Happytime Murders (2018): This film added another comedic entry to her filmography.
  • Brightburn (2019): This superhero/horror hybrid further demonstrated her versatility as an actress.
  • Mrs. America (2020): Starring in this FX miniseries alongside Cate Blanchett and Rose Byrne highlighted her ability to work in prestige television.

In addition to film roles, Banks has also had recurring roles on television shows such as “Scrubs,” where she played Dr. Kim Briggs in 15 episodes, and “30 Rock,” where she earned an Emmy nomination for her role as Avery Jessup. While specific salary details for these television appearances are not publicly accessible, recurring roles on successful television shows can provide a steady stream of income.

Elizabeth Banks’ Directorial and Production Ventures

Banks’ transition into directing and producing has further augmented her net worth. Her most significant directorial and production credits include:

  • Pitch Perfect 2 (2015): This marked Banks’ feature directorial debut. The film was produced for $30 million and grossed over $300 million worldwide, making it the highest-grossing musical comedy of all time at the time of its release. Given her role as both director and producer, Banks likely received a significant portion of the film’s profits.
  • Pitch Perfect 3 (2017): As director, Banks continued to capitalize on the success of the Pitch Perfect franchise.
  • Charlie’s Angels (2019): Directing this reboot of the classic action series further demonstrated her capabilities as a director. While the film’s box office performance was not as strong as the Pitch Perfect films, it still added to her directorial experience and income.

Through Brownstone Productions, the production company she co-founded with her husband Max Handelman in 2002, Banks has been involved in the production of several successful projects. The financial success of these projects has further contributed to her overall net worth.

Real Estate Holdings

Banks’ real estate investments also contribute to her overall financial portfolio. Notable transactions include:

  • Studio City Home (Purchased 2007, Sold 2020): In 2007, Elizabeth Banks and her husband reportedly purchased a home in Studio City, California, for $1.625 million. They listed this home for sale in May 2020 for $2.4 million, resulting in a profit of $775,000 before taxes and real estate fees, showcasing a successful real estate investment.
  • Sherman Oaks Property (Purchased 2018): In 2018, the couple paid $6.85 million for a custom-built gated 1-acre hilltop property in Sherman Oaks. This purchase indicates a significant investment in high-end real estate. Specifics of the property’s address are not readily available, but it is described as a custom-built, gated, 1-acre hilltop property.

Early Life and Education

Elizabeth Irene Mitchell, born in Pittsfield, Massachusetts, in February 1974, adopted the stage name Elizabeth Banks upon joining the Screen Actors Guild. She graduated magna cum laude from the University of Pennsylvania with a communications degree and a concentration in theater arts. In 1998, she earned a master’s degree in fine arts from the American Conservatory Theater. While her early life and education were not direct contributors to her current net worth, they provided her with the foundation and skills necessary to pursue a successful career in the entertainment industry.

Other Ventures and Earnings

Beyond acting, directing, and producing, Banks has also engaged in other ventures that contribute to her income. These include:

  • Video Game Voice Work: Banks has provided voice work for video games based on the Spider-Man and LEGO franchises, as well as Legoland, Florida’s “The LEGO Movie: 4D – A New Adventure.” While specific earnings for these voice acting roles are not publicly available, they contribute to her overall income stream.
  • Music Video Appearances: She has appeared in music videos such as “Girls Like You” by Maroon 5 feat. Cardi B and “Don’t Call Me Angel” by Ariana Grande, Miley Cyrus, and Lana Del Rey. Such appearances can generate income, depending on the nature of the agreement with the artists and record labels.
  • Game Show Hosting: Banks made her game show hosting debut as the host of “Press Your Luck” on ABC in 2019. Hosting a network game show provides a steady income stream and increases her visibility. While specific salary details for her hosting role are not available, it can be assumed that it is a significant source of income.
  • Endorsements and Partnerships: Although not explicitly mentioned in the provided text, it is possible that Banks has endorsement deals and partnerships with various brands, which would contribute to her overall earnings.

Personal Life and Marriage

Elizabeth Banks has been married to sportswriter Max Handelman since 2003. They met on her first day at the University of Pennsylvania in 1992. They have two sons together, Felix and Magnus Mitchell. Max Handelman is the co-founder of Brownstone Productions, therefore also contributing to the net worth of Elizabeth Banks.

Brownstone Productions

Co-founded in 2002 with Max Handelman, Brownstone Productions has been instrumental in Banks’ career, particularly with the Pitch Perfect series. This venture significantly amplified her net worth through both production credits and directorial roles, underscoring the importance of entrepreneurial endeavors in wealth accumulation.

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