How much is Nick Nolte worth?
| Net Worth: | $40 Million |
|---|---|
| Profession: | Professional Actor |
| Date of Birth: | February 8, 1941 |
| Country: | United States of America |
| Height: | 1.85 m |
“It’s failure, really, that you grow by, although nobody likes to experience it.” Nick Nolte
About Nick Nolte
Nick Nolte, whose full name is Nicholas King Nolte, is an American film actor, author, producer, and former model. He is best known for his over one hundred appearances on films and television series such as The Deep, Teachers, Down and Out in Beverly Hills, Cape Fear, The Good Thief, Hotel Rwanda, and Tropic Thunder. Since the 1970s, he has won multiple awards and nominations for prestigious awards like Primetime Emmys, Golden Globes, New York Film Critics Circle, and Academy Awards.
He was born on February 8, 1941, in Omaha, Nebraska to Franklin and Helen Nolte. His father was a farmer’s son that ran away from home and was a three-time letter winner in football at the Iowa State University. His mother worked as a department store buyer and then an expert antique dealer. Nicholas attended the Kinglsey Elementary School and then moved on to the Westside High School.
“My mother said that a man is not a man unless he has a scar on his face. And what she meant by a scar was some kind of battle that you had to go through, whether it was psychological or physical. To her, a scar was actually beautiful and not something that marred you.” Nick Nolte
Beginning his teenage years, he developed an interest in sports, especially football. After his graduation from high school in 1959, he moved to California and enrolled at the Pasadena City College. He also attended the Arizona State University on a football scholarship, as well as the Eastern Arizona, and Phoenix Colleges. Concurrently with playing baseball, being a defensive end and tight end in football, he later in basketball as a forward and catcher. Despite his passion for sports and his attendances in many colleges/universities, in the late 1960, he dropped out and began pursuing a career in acting.
Prior to his rise to popularity and breakthrough in the film industry, Nolte worked as a model in the late 1960s and early 1970s. One of his most notable appearances on a magazine was in a national advertisement for the Clairol’s Summer Blonde campaign. After failing to earn an estimated $1,500 from all of his modeling work, he decided to become a full-time actor.
His television debut came on an episode of Walt Disney’s Wonderful World of Color, which aired in 1969. Three years, later he made his film debut in the 1972 Western film Dirty Little Billy. Although he landed an uncredited role in the film, he did earn an estimated $500 from his participation. Throughout the next few years, he continued to land supporting roles in the likes of Return to Macon City, The Deep, Who Will Stop the Rain and Heart Beat, with his role in the latter being his first leading.
Besides his work as an actor, he also became an executive producer of two films – Affliction from 1997 and Intimate Affairs from 2001. Simultaneously with his acting, he also became a regular cast member of Charlie Rose, Ultimate Rush, Today, and Made in Hollywood among many other television projects.
Most recently, in January 2018, he published his first book titled Rebel: My Life Outside the Lines. With some of his most successful movies like 48 Hours, Teachers, Down and Out in Beverly Hills, Everybody Wins, Cape Fear, and I Love Trouble, Nicholas Nolte has become one of the richest and most famous actors in Hollywood.
Nolte’s Total Net Worth
After having appeared in more than 110 films and TV series, Nick Nolte has earned an estimated $72 million in personal income. Of course that money still needs to be taxed and one must also account for expenditure and losses. He earned an estimated $5 million for his appearances in Blue Chips, 48 HRS. and I Love Trouble.
While many of his acting credits are not lead roles, and may have only paid on average about $1.2 million, the earnings are made up in sheer quantity. Starting in the late 70s Nick Nolte has appeared virtually nonstop in movie roles for four decades. For the first two decades his average earnings per movie is an inflation adjusted $800,000, however, that went up and he has earned as much as an estimated $5 million for some lead roles. Mostly though, it appears as if Nolte was paid highs of $1.5 million and lows of $400,000, the odd high paying lead role bumps up the average to about $1.2 million per movie over the forty year period (1970-2010). The specific amount the actor would accept for appearing in any particular movie, would depend on; the budget, the director, the role, and so on.
Nolte’s career only began to slow down in the 2010s; yet, by that time, he had appeared in about fifty films. That puts his estimated earnings from those 40 years, at about $60 million. For his work pre-1977, before he appeared in The Deep which earned $100 million at the box office (not adjusted for inflation). Mostly, Nolte was getting roles in TV series plus some film work that went uncredited. From 2010 to 2022, his career has slowed down but he continues to be cast. In fact, between his TV appearances and in film, as well as his appearances as himself, it is estimated that Nolte may have earned as much as $12 million in that time (2010-2022).
Nick Nolte has been married and divorced four times, he has known legal troubles and substance abuse. He was first arrested in the 1960s for selling counterfeit documents. He was later arrested in 2002 on suspicion of drink driving and pleaded no contest. In 2005, The Independent reported that Nolte had struggled with substance abuse for “the majority of his adult life”. Overall, and all things considered, it is estimated that Nick Nolte’s net worth is no more than $40 million, despite his high earnings.
Starting in the 1980s, Nick Nolte began receiving a lot more acting opportunities. Among some of his most notable appearances in films are in 48 Hours, Teachers, Down and Out in Beverly Hills, Everybody Wins, Cape Fear, and I Love Trouble among many others. Some of the appearances in these films helped him earn nominations for awards such as Primetime Emmys, Golden Globe Awards, Boston Society of Film Critics, and Academy Awards.
Summing-Up
Nicholas Nolte is a Golden Globe Award winner that has found plenty of success in the entertainment business. The often dubbed “bad boy” is known for highly praised acting skills and performances in action films, dramas, comedies, and thrillers. He first began his career as a model and quickly transitioned into an actor in the 1970s.
Since then, the talented actor and director has participated in more than one hundred films and television series. Thanks to his outstanding performances, besides winning himself multiple prestigious awards and nominations, not to mention, a net worth of $40 million.
