Written by: Entertainment

Morgan Freeman Total Net Worth: How Much Does He Earn?

Morgan Freeman is a renowned American actor, director, and narrator born on June 1, 1937, in Memphis, Tennessee, USA.

Known well for his distinct deep voice, Freeman has also earned credit in showbiz with numerous awards like the Golden Globe Award, Academy Award, and the Screen Actors Guild Award.

  • Celebrity Name: Morgan Freeman
  • Full Name: Morgan Porterfield Freeman Jr.
  • Gender: Male
  • Birth Date: June 1, 1937
  • Birth Place: Memphis, Tennessee, USA
  • Age: 83 years old
  • Height: 1.88m
  • Weight: 79kg
  • Nationality: American
  • Sexual Orientation: Straight
  • Status: Divorced
  • Spouse: Jeanette Adair Bradshaw (m. 1967–1979), Myrna Colley-Lee (m. 1984–2010)
  • Children: Alfonso Freeman, Saifoulaye Freeman, Deena Freeman, Morgana Freeman
  • Profession: Actor, Director, Narrator
  • Net Worth: $250M

Personal Details

As a child, Freeman started his acting career by joining school plays and later studied Theatre Arts and was able to have an audience with his stage productions during his early years in Los Angeles.

Following the release of the children television series The Electric Company, Freeman had his debut in acting and acquired popularity in the 1970s.

Because of his excellent performance in the field of acting, Freeman was chosen to be a cast in the two famous Shakespearean plays: Coriolanus and Julius Caesar where he garnered an Obie Award with the former.

As Freeman continued to advance in the field of Theatre Arts, he had his turning point in 1987 after being nominated for Best Supporting Actor for the dramatic crime thriller film, Street Smart.

Afterwhich, Freeman went on his road to stardom in 1989 after having his second Academy Award nomination for Best Actor in the comedy-drama, Driving Miss Daisy.

Along with his critically-acclaimed films were the 1989 war film Glory and the biographical drama, Lean On Me, and also the 1994 American drama film The Shawshank Redemption. Freeman has also directed his drama film, Bopha in 1993.

Together with Lori McCreary, Freeman established Revelations Entertainment, his own film production company.

Morgan Freeman Early Life

Born on June 1, 1937, in Memphis, Tennessee, Morgan Porterfield Freeman, Jr., or Morgan Freeman, is a son of a barber, Morgan Porterfield Freeman, and a teacher, Mayme Edna together with three other older siblings.

Their family origins were from Songhai and Tuareg, the people of Niger. Some DNA tests traced Freeman’s African ancestors from Senegal to Liberia and the Congo-Angola region. 

Freeman was sent to Charleston, Mississippi to live with his paternal grandmother and soon traveled between Greenwood, Mississippi; Gary, Indiana; and lastly, Chicago, Illinois.

At nine years old, Freeman started his acting career by playing the lead role in their school play, then attended Broad Street High School in Greenwood, Mississippi, now known as Threadgill Elementary School.

By twelve years old, Freeman won a statewide drama competition and was able to perform in a radio show in high school in Nashville, Tennessee. 

Air Force, Theatre Arts

After finishing high school in 1955, Freeman opted to enlist in the United States Air Force instead of getting the partial drama scholarship from Jackson State University. He served as an Automatic Tracking Radar Repairman and was able to rise to the rank of an Airman 1st Class.

Having served in the military for four years, Freeman moved to Los Angeles, California then pursued his acting career at the Pasadena Playhouse, and took dance lessons in San Francisco.

He worked at Los Angeles City College as a transcript clerk to support his finances and studied Theatre Arts in the same school and embarked himself to dancing.

Being a dancer at the 1964 World’s Fair and a member of the Opera Ring musical theatre group based in San Francisco, Freeman had the opportunity to act in a touring company version of The Royal Hunt of the Sun and became an extra in the 1965 drama film The Pawnbroker by Sidney Lumet together with Rod Steiger. 

In 1967, Freeman had his debut in Off-Broadway, a show about Freedom Riders during the American Civil Rights Movement where he realized that acting was his passion. 

Road to Stardom

As part of the 1971 children’s television show The Electric Company, Morgan Freeman received recognition among American viewers and built his cornerstone for financial stability.

However, in 1975, he quit his job due to exhaustion. Considered as the most unhappy period in his life, Freeman soon reiterated that despite how tiring it is (The Electric Company), he is still grateful for being part of it.

In 1978, Freeman won a Drama Desk Award and a Clarence Derwent Award for being part of the stage productions of The Mighty Gents and White Pelicans. And in 1980, Freeman received an Obie Award for his title role in the Shakespearean tragedies: Coriolanus and Julius Caesar. 

Freeman had his breakthrough in 1987 after playing as a violent street hustler in Street Smart which earned him an Academy Award nomination for Best Supporting Actor.

Since 1987 and onwards, Morgan Freeman has been recognized by the Academy of Motion Pictures Arts and Sciences which led his road to stardom with the following recognitions:

  • Nominated as Best Supporting Actor during the 60th Academy Awards in 1987 for Street Smart.
  • Nominated as Best Actor during the 62nd Academy Awards in 1989 for Driving Miss Daisy.
  • Nominated as Best Actor during 67th Academy Awards in 1994 for The Shawshank Redemption.
  • Won as Best Supporting Actor during the 77th Academy Awards in 2004 for Million Dollar Baby.
  • Nominated as Best Actor during the 82nd Academy Awards in 2009 for Invictus.

Morgan Freeman Total Net Worth

Being the founding partner of Revelations Entertainment, owner of Ground Zero blues club in Clarksdale, Mississippi, and a prominent figure in the film industry, Morgan Freeman has an estimated net worth of $250 million.

During an interview of his promotion for the 2013 action thriller film Olympus Has Fallen, Freeman said that the driving key for accepting his role is money. He was able to earn millions of dollars with the said film along with its sequels, London Has Fallen(2016) and Angel Has Fallen (2019).

His roles in Bruce Almighty (2003), Evan Almighty (2007), Ted 2 (2015), The Dark Knight Trilogy (2005, 2008, & 2012), and Now You See Me 2 (2016) have built Freeman’s massive financial vault.

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