Net Worth Ranker
What Is Lin-Manuel Miranda’s Net Worth?
Lin-Manuel Miranda, a multifaceted American talent as a composer, librettist, lyricist, actor, and rapper, has accumulated a considerable net worth of $90 million. This financial achievement is largely attributed to his monumental success in Broadway musicals, most notably “Hamilton,” which premiered in 2015. Miranda’s diverse skills have garnered him numerous accolades throughout his career.
Early Life and Career Beginnings
Born on January 16, 1980, in New York City, Lin-Manuel Miranda was raised in a family with Puerto Rican heritage. Growing up with his sister, he maintained strong ties to his family’s roots through annual visits to Puerto Rico. His passion for musical theater ignited during high school, leading him to write his own musicals. After high school, Miranda attended Wesleyan University. During his sophomore year, he began drafting “In the Heights.” In 1999, Wesleyan University’s theater department accepted the play, marking its first performance. During his college years, Miranda continued to write and act in various school productions, honing his skills and solidifying his commitment to the theater.
By 2002, Miranda was determined to bring “In the Heights” to a professional stage. He collaborated with Thomas Kail, an experienced theater director. Together, they refined the script through off-Broadway performances, culminating in its Broadway debut in 2008. “In the Heights” received 13 Tony Award nominations, winning four, including Best Musical and Best Score. The musical also earned a Grammy Award for Best Musical Theater Album. Miranda not only wrote the play but also starred as Usnavi, receiving critical acclaim for his performance.
Broadway Success and “Hamilton” Phenomenon
Following the success of “In the Heights,” Miranda took the play to Los Angeles, continuing to play the lead role. He also explored writing plays in Spanish and began to make appearances on television. In 2007, he appeared in episodes of “The Sopranos,” “House,” and “Sesame Street,” showcasing his versatility as an entertainer. Despite his growing fame, Miranda continued to work as an English teacher at his former high school and composed music for commercials. In 2003, he founded Freestyle Love Supreme, a hip-hop improv group that toured internationally and became the subject of a TV show and a Broadway musical. In 2011, “Bring it On: The Musical,” for which Miranda wrote the lyrics and music, premiered and had a limited run on Broadway with positive reviews. In 2012, he took on a role in “Merrily We Roll Along,” another Broadway musical. Miranda further showcased his talent by writing the lyrics and music for “21 Chump Street,” which debuted in 2014. He also appeared in “Tick, Tick… Boom!” that year. During this time, Miranda also made limited appearances in film and TV, including a small role in Disney’s “The Odd Life of Timothy Green” in 2012 and appearances on “Modern Family,” “Do No Harm,” and “How I Met Your Mother.”
In 2015, Lin-Manuel Miranda’s career reached new heights with the premiere of “Hamilton: An American Musical.” The idea of creating a musical about Alexander Hamilton’s life had been brewing since 2008. After years of development, Miranda starred in the lead role, bringing the historical story to life on stage. The show’s popularity was immense, with people entering lotteries for a chance to see it. “Hamilton” received critical acclaim and won a Tony Award for Best Musical, solidifying Miranda’s position as a leading figure in the theater world.
Earnings and Royalties from “Hamilton”
Between June 2019 and June 2020, Lin-Manuel Miranda earned $45 million, highlighting his financial success during this period. As the sole creator, author, composer, and former star of “Hamilton,” Lin-Manuel Miranda is entitled to a percentage of the show’s box office gross. The show has grossed well over $800 million to date. Reports indicate that Miranda earns a royalty check of $105,000 every week while the show tours, resulting in approximately $5.5 million per year without active involvement. By 2017, these royalties had amounted to about $12.7 million. In February 2020, Disney acquired the movie rights to “Hamilton” for $70 million, adding to Miranda’s financial gains.
Disney Collaborations and Other Projects
Lin-Manuel Miranda has cultivated strong ties with Disney over the years. In 2014, he contributed music and lyrics to the movie “Moana.” The following year, he collaborated with Disney again on “Star Wars: The Force Awakens,” contributing a song for a scene in a cantina. In 2017, he voiced Gizmoduck in the “DuckTales” reboot. He also portrayed Jack the Lamplighter in Disney’s live-action “Mary Poppins Returns.” In 2019, Miranda returned to the Star Wars universe with “The Rise of Skywalker,” writing a song and making a cameo appearance as a resistance fighter. In 2021, he made his directorial debut with “Tick, Tick… Boom!” Other recent projects include “Encanto” (2021), the “His Dark Materials” series, “Bluey,” and “The Little Mermaid” (2023).
Real Estate and Personal Investments
In 2008, Miranda purchased an apartment for his parents in Inwood, North Manhattan. The 1,125-square-foot apartment was occupied by his parents until 2013 and was later listed for sale at just under $1 million. In 2019, Lin-Manuel Miranda acquired the Drama Book Shop in New York City, a place where he wrote the original draft of “In the Heights” years earlier. He purchased the store to prevent it from closing.
Personal Life
Lin-Manuel Miranda married Vanessa Nadal, a high school friend, in 2010. The couple has two sons. Miranda is the cousin of professional baseball player Jose Miranda.
