Kevin Costner Net Worth

What Is Kevin Costner’s Net Worth?

Kevin Costner, a prominent figure in American cinema as an actor, producer, and director, has accumulated a substantial net worth of $250 million. His financial success is primarily attributed to his iconic roles and ventures in the entertainment industry, particularly during the peak of his career in the 1980s and 1990s.

Kevin Costner’s Earnings and Career Highlights

Costner’s career reached a financial zenith in 1991 when he earned $50 million, largely due to his backend points from “Dances with Wolves,” a film he directed and starred in. To put this into perspective, $50 million in 1991 is equivalent to approximately $110 million today, adjusted for inflation. “Dances with Wolves” not only contributed significantly to his earnings but also garnered critical acclaim, winning seven Academy Awards, including Best Picture and Best Director for Costner.

A year later, Costner’s financial success continued with “Robin Hood: Prince of Thieves,” where backend points secured him a $40 million payday. He also commanded a $14 million paycheck for his role in the 1995 blockbuster “Waterworld.” His talent and contributions have been acknowledged with two Academy Awards, three Golden Globe Awards, one Primetime Emmy Award, and two Screen Actors Guild Awards.

More recently, Costner has garnered critical and popular acclaim for his role in the television series “Yellowstone.” His salary for “Yellowstone” significantly boosted his earnings, with a new deal signed ahead of the fifth season that increased his pay to $1.2 million per episode. The fifth season was planned for 16 episodes, split into two parts. Assuming the second part was filmed, this would have resulted in total earnings of $19.2 million for the season. Furthermore, negotiations for a potential sixth season included a salary increase to $1.5 million per episode, potentially bringing his total earnings for the season to $24 million.

Costner’s early career involved roles in films such as “Sizzle Beach, U.S.A.,” filmed in 1978-1979 but not released until 1981. He also appeared in films such as “Table for Five” and “Testament” in 1983, in addition to featuring in a commercial for Apple’s Lisa desktop computer. He gained wider recognition in 1985, with a starring role in Lawrence Kasdan’s film “Silverado,” as well as roles in “Fandango” and “American Flyers.” His role in “The Untouchables” in 1987 is often regarded as his “big break,” followed by “Dances with Wolves” in 1990, which he both directed and starred in.

Following the success of “Dances with Wolves,” Costner starred in “Robin Hood: Prince of Thieves” (1991), “JFK” (1991), “The Bodyguard” (1992), and Clint Eastwood’s “A Perfect World” (1993). However, this was followed by films such as “The War” (1994), “Waterworld” (1995), and “The Postman” (1997), which did not fare as well. He also starred in “Tin Cup” (1996), “Message in a Bottle” (1999), “Thirteen Days” (2000), “Rumor Has It” (2005), “The Guardian” (2006), “Mr. Brooks” (2007), “Swing Vote” (2008), and “The Company Men” (2010). Costner also starred in the History Channel miniseries “Hatfields & McCoys” in 2012, which garnered a record number of 13.9 million viewers. Since 2018, he landed his first regular television role on the series “Yellowstone.”

Kevin Costner’s Real Estate and Business Ventures

Costner’s real estate portfolio is substantial, featuring properties in various locations. One notable property is a 160-acre estate in Aspen, Colorado, which includes three lakefront homes capable of accommodating up to 30 people. The estate was acquired through three transactions, with the final parcel purchased in 2017 for $7.3 million. The Aspen property is available for rent at a rate of $30,000 per night. The Costners also own an estate in Carpinteria, California, comprised of three side-by-side properties. The first property was purchased in the 1980s, the second a decade later, and the third in 2017 for $7.3 million. The family previously owned a 7-acre property in the same area, which was sold in 2009 for $25 million. In 2006, they acquired a 17-acre undeveloped plot of land overlooking the ocean for $28.5 million. Another 10-acre property in Carpinteria was listed for sale in 2017 for $60 million, later reduced to $49 million, before being taken off the market.

In June 2004, Costner opened Tatanka: The Story of the Bison, an attraction located near Deadwood, South Dakota, with the aim of providing an educational space about America’s westward expansion. He also invested in the Midnight Star Casino in Deadwood. Following the firing of the casino’s managers, a judge ordered Costner to pay a percentage of $6.1 million to buy out the Canevas as his business partners. This ruling was later re-examined by the South Dakota Supreme Court in 2006 after an accountant determined the market value of the casino to be $3.1 million.

Details of Personal Life and Divorce Settlements

Costner’s personal life has included two notable marriages. He married Cindy Silva, his college sweetheart, in 1978, and they had three children together. The marriage ended in divorce in 1994, with Costner agreeing to an $80 million divorce settlement with Cindy Silva. Adjusted for inflation, this is equivalent to approximately $160 million today.

Following his divorce from Silva, Costner had a son with Bridget Rooney, an heiress to the Pittsburgh Steelers. He also dated activist Birgit Cunningham and model/actress Elle Macpherson. In 2004, Costner married model and handbag designer Christine Baumgartner, and they have three children together. However, Christine Baumgartner filed for divorce on May 2, 2023, citing irreconcilable differences. While she initially did not request spousal support due to a prenuptial agreement, she later filed a request for monthly support totaling $250,000, not including expenses related to their children, which Costner was already covering.

In her filing, Christine claimed that Kevin made $19.5 million in 2022 and that the family’s total expenses came to $6.6 million. Among these expenses were regular trips to vacation spots like Aspen, Hawaii, and the Caribbean, where the family would often hire chefs and caterers. The family also spent around $2 million per year maintaining their various properties. In a follow-up filing, Christine listed additional details regarding the family’s 2022 income and expenses, reporting a total income of $19,517,064. Specifically, $1.2 million per episode of “Yellowstone”, $2.3 million in rent from his Aspen ranch, and $503,000 renting a beachfront property in Carpinteria, California. The filing estimated total “family expenses” at $6,645,285. The filing also claimed that Kevin had once been offered $250 million for his Aspen property.

A breakdown of the Costner family’s expenses in 2022 includes: