What Is Shemar Moore’s Net Worth?
Shemar Franklin Moore, an accomplished American actor and former fashion model, has cultivated a substantial net worth of $16 million. This financial standing is primarily attributed to his successful career in television and film, marked by long-standing roles in popular series and appearances in notable movies.
Shemar Moore’s Career and Earnings
Moore’s career trajectory showcases a diverse portfolio of roles and engagements. He began his journey into the spotlight as a model, securing representation with DNA Model Management in New York City. This venture into the modeling world laid the groundwork for his transition into acting.
His television debut came in 1994 with the CBS soap opera “The Young and the Restless,” where he portrayed Malcolm Winters for over a decade, until 2005. He made brief reappearances in the role in 2014 and 2019. Moore’s recurring role on “The Young and the Restless” significantly contributed to his early financial success.
In 1999, Moore took on the role of host for the music-oriented show “Soul Train,” a position he held until 2003, hosting a total of 111 episodes. This hosting gig further diversified his income streams.
Transitioning to primetime television, Moore secured a prominent role as FBI agent Derek Morgan in the police procedural “Criminal Minds” in 2005. He remained a key cast member for 11 seasons, appearing in 251 episodes until his departure in 2016, later returning for a guest appearance in 2017. His extended tenure on “Criminal Minds” solidified his status as a television star and significantly boosted his earnings.
Since 2017, Moore has starred as Sergeant Daniel “Hondo” Harrelson in the CBS series “S.W.A.T.” The show’s success has allowed Moore to not only earn a substantial salary but also to take on roles as producer.
Beyond television, Moore has ventured into film, with appearances in “Hav Plenty” (1997), “The Brothers” (2001), Tyler Perry’s “Diary of a Mad Black Woman” (2005), and “The Seat Filler” (2005). He also provided voice work for animated films such as “Justice League: War” (2014) and several sequels, further expanding his repertoire and income sources.
In 2020, Moore expanded his role in the entertainment industry by serving as an executive producer on the BET series “American Soul,” which chronicles the story of Don Cornelius and the early days of “Soul Train.” This venture highlights Moore’s business acumen and willingness to explore different aspects of the entertainment world.
Shemar Moore’s Real Estate Portfolio
Moore has demonstrated a keen eye for real estate investment. In July 2020, he sold his Encino, California home for $2.4 million, a property he had purchased over a decade prior for $2.5 million.
Earlier in 2020, Moore acquired a newly constructed 9,000-square-foot mansion in Sherman Oaks, California, for $5.8 million. This acquisition reflects his success and willingness to invest in high-end properties.
Adding to his real estate holdings, Moore purchased a home in Valley Village, California, in early 2024 for $2.5 million. This purchase further diversifies his real estate portfolio and showcases his ongoing investment in the Southern California property market.
Shemar Moore’s Personal Ventures and Philanthropy
Moore owns a retail company named Baby Girl LLC, which directs its profits to charitable organizations dedicated to fighting multiple sclerosis. This charitable endeavor is inspired by his mother’s diagnosis with MS in 1998, and demonstrates Moore’s commitment to using his success for philanthropic purposes.
In 2016, Keith Tisdell, an actor who had guest-starred on “Criminal Minds,” was found to have stolen over $60,000 from Moore’s company. Tisdell was charged with grand theft and ordered to repay the funds to avoid jail time, highlighting the challenges that can arise in managing business ventures.
Awards and Recognition
Throughout his career, Moore has received numerous accolades, including a Daytime Emmy Award for Outstanding Supporting Actor in a Drama Series in 2000 for his role in “The Young and the Restless.”
He has also been honored with seven NAACP Image Awards for Outstanding Actor in a Daytime Drama Series for “The Young and the Restless” in 1998, 1999, 2000, 2001, 2002, 2005, and 2006, reflecting his consistent excellence in daytime television.
In 2015, Moore received an Image Award for Outstanding Actor in a Drama Series for his work on “Criminal Minds,” recognizing his impact in primetime television.