Net Worth Ranker
What Is Tony Danza’s Net Worth?
Tony Danza, the multifaceted American entertainer known for his acting, teaching, dancing, and boxing prowess, has cultivated a substantial net worth of $40 million. This financial standing reflects his successful career spanning decades, punctuated by iconic television roles and ventures into various entertainment domains.
Early Life and Education
Antonio Salvatore Iadanza, born on April 21, 1951, in Brooklyn, New York City, spent his formative years in a working-class Italian household. Initially residing in East New York, his family relocated to Long Island when he was 14. Despite his self-proclaimed status as a “bad student,” he graduated from high school in 1968. He then pursued higher education at the University of Dubuque, earning a bachelor’s degree in history in 1972, supported by a wrestling scholarship.
Boxing Career
Before his acting career took off, Tony Danza pursued professional boxing. His boxing record reflects nine wins and three losses. Notably, he achieved nine knockouts, including three technical knockouts. Each of his matches concluded with a knockout, except for one.
Acting Career: From Taxi to Who’s the Boss?
Danza’s foray into acting began when a producer noticed him at a boxing gym and offered him an audition for “Taxi.” Landing the role of a cab driver and part-time boxer, he marked his entry into television. His subsequent role as Tony Micelli, a fictional former baseball player, in “Who’s the Boss?” catapulted him to greater fame. The series consistently ranked among the top 10 in overall ratings throughout its eight-year run from 1984 to 1992. In 1988, Tony Danza received a star on the Hollywood Walk of Fame in recognition of his performance.
Following “Who’s the Boss?”, Danza expanded his acting portfolio to include films and other television projects. In 1994, he portrayed a baseball player in “Angels in the Outfield.” His previous film credits include “The Hollywood Knights” and “Going Ape!” He then appeared in the sitcom “Hudson Street,” followed by “The Tony Danza Show,” although both were short-lived. By 2000, he secured a role in the series “Family Law.” After appearing in “The Practice,” Tony Danza received an Emmy Award nomination.
In 1999, Danza garnered critical acclaim for his performance in a Broadway production of “The Iceman Cometh,” after which he launched his own talk show. He further showcased his theatrical talent with a 2007 Broadway appearance in “The Producers.” The following year, he hosted the fourth season of “The Contender.” In 2013, Danza returned to Broadway with a production of “Honeymoon in Vegas.”
In 2018, Tony Danza starred in the Netflix series “The Good Cop,” which was canceled after one season. In 2020, plans were announced for a reboot of “Who’s the Boss?” by Sony, with Danza and Alyssa Milano reprising their roles from the original series. Both actors shared their excitement and confirmed the revival via social media.
Teaching Career
Tony Danza ventured into teaching, spending a year as a 10th-grade English teacher at a high school in Philadelphia. This experience was documented in the reality TV show “Teach: Tony Danza,” which aired on A&E. He later chronicled his teaching year in the book “I’d Like to Apologize to Every Teacher I Ever Had: My Year as a Rookie Teacher at Northeast High.”
Relationships
In 1970, Tony Danza married his first wife, Rhonda Yeoman, whom he met in college. They had a son before divorcing in 1974. Their son, Marc, made appearances in two episodes of “Taxi.” In 1983, Danza and Yeoman reconciled and had another child together. However, the relationship was brief, and Tony married his second wife, Tracy Robinson, in 1986. This marriage lasted twenty years, during which Robinson and Danza had two children. They separated in 2006 and filed for divorce in 2011, with the divorce finalized in 2013.
Real Estate Portfolio: Millions in Manhattan and Malibu
Tony Danza’s real estate ventures showcase a keen eye for luxury and prime locations. In 2005, he acquired a 1,046-square-foot condo in the Millennium Tower of Manhattan for $1.7 million. This opulent condo reflected his success and taste for high-end urban living.
In 2008, Tony Danza divested of his Sherman Oaks property in Los Angeles for an undisclosed sum. The property was previously listed for $6.15 million. Situated on 1.83 acres of land, the 6,778-square-foot residence was custom-built by Danza himself. He purchased the home in 1986 from actor Robert Urich. The Northridge earthquake had previously destroyed it. Subsequently, he rebuilt the home, incorporating custom features such as a gunite pool, a tennis court, and a wine cellar. The property also offered panoramic views of the surrounding canyons and mountains.
Danza’s Malibu residence, purchased in 1987 for $1.15 million, was finally sold in 2014 for $8 million after being listed in 2011 with an initial asking price of $9 million. Constructed in 1949, the home features three bedrooms, 3,000 square feet of living space, and approximately 50 feet of beachfront. Tony Danza’s shrewd real estate investments have significantly contributed to his $40 million net worth.
