How much is Susan Sarandon worth?
|Net Worth:||$60 Million
|Date of Birth:||October 4, 1946 (age 76)|
|Country:||United States of America|
|Height:||5 ft 6 in (1.7 m)|
About Susan Sarandon
Susan Sarandon is an award winning American actress and political activist who first rose to fame after starring in Bull Durham with Tim Robbins and Kevin Costner. She won an Academy Award for “Best Actress” for her role in Dead Man Walking, and has even been nominated four additional times.
In recent years, she has put more effort in to her activism and was even arrested in 2018 during the Women Disobey protests along with 575 other women. Her most famous performances include Thelma & Louise, Lorenzo’s Oil, and her brief appearance in one of the most popular TV shows of all time, Friends.
In the 1980s, Sarandon had many minor roles in movies helmed by prolific directors and acted alongside Hollywood greats, most notably appearing in The Witches of Eastwick with Jack Nicholson, Cher, and Michelle Pfeiffer. She was even directed by the late, great Tony Scott in 1983’s The Hunger, in which Sarandon controversially appeared in a lesbian sex scene.
Her her breakout role came however in 1988, when she starred in Bull Durham alongside Kevin Costner and her ex-partner, Tim Robbins. The movie was a hit and a huge success for the rising star, as she was praised by essentially every critic who reviewed the movie, including the famed critic Roger Ebert, who claimed that no other actress could have played the role quite as well as Susan Sarandon.
After that success, Sarandon became a critical darling, as anything she starred in was raved about and scored increasingly high box office earnings with each consecutive release. In 1991, the actress starred in Thelma & Louise, which has made it’s mark in pop culture history and has been parodied to no end thanks to its final heart wrenching scene.
In the movie, Sarandon goes on a road trip with her counterpart Geena Davis, and it is now considered a classic and is preserved in the National Film Registry of the United States Library of Congress due to being a landmark feminist film.
Since then, the actress has starred in several movies considered to be classics, including Lorenzo’s Oil, The Client, and Dead Man Walking, the latter for which she won an Academy Award for “Best Actress”. The movie is a crime drama that co-stars Sean Penn and follows the final days of a prison inmate on death row. The movie was a hit, and it made seven times its budget.
Outside of movies, Sarandon is more than just a recognizable face on the small screen, as she has featured on countless TV shows. Most notably, she briefly guest starred on Friends as a fictional soap actress that Joey looks up to. For the role, Sarandon was nominated for a Primetime Emmy Award, one of six that she has been nominated for.
Outside of the entertainment industry, Sarandon’s personal life has been documented heavily in the tabloids, mostly for her love life, as she has dated many high profile actors in the past. She has been romantically involved with Ziggy Stardust himself, David Bowie, and her Dead Man Walking co star, Sean Penn, but she was most famously dating Tim Robbins, and the pair were together for over 20 years before they separated in 2009.
Sarandon’s Total Net Worth
Some of Sarandon’s highest paying movie roles have been in, That’s My Boy, Tammy, Lovely Bones, Bad Moms 2 and Blackbird. She has starred in literally dozens of movies over the past few decades, especially in the 90s, and in total had appearances in over eighty-five. Though most of her paydays are undisclosed, it is estimated that she has been in the position to demand higher salaries than most women working at her level in the industry at that time. It has been reported that she earned $3.5 million from Lorenzo’s Oil and $5 million from The Client.
She will have had to pay higher federal taxes than the women working today, however, because in the 80s federal tax rates were very high until Reagan’s presidency. After Reagan signed the Economic Recovery Tax Act of 1981, it lowered the top marginal tax bracket from 70% to 50%. The top bracket then hit lows of 28% in the late 80s and highs of 39.6% in the mid-90s.
Overall it is estimated that Susan Sarandon has had career earnings of some $95 million dollars. Of that amount, $9-10 million is expected to have been paid in business related costs. The remainder, $85.5 million, will have been taxed at around 45% as Sarandon has been residing in the state of New York. After tax, it is estimated that her career earnings are at around $47.02 million dollars, having paid $38.48 million dollars in taxes.
With a filmography that has made her millions, Sarandon has unsurprisingly turned interests and hobbies outside of the movie world into businesses, like many actors end up doing. While most entertainers tend to open restaurants or start their own tequila brand, Sarandon had a more peculiar business idea. With her former partner, Jonathan Bricklin, Sarandon started a chain of ping-pong lounges called SPiN. The chain has become so successful that it has expanded outside of the US, as the company has lounges in Canada and elsewhere.
She also owns real estate. When her and Tim Robbins split up, she paid him $3.2 million so that she would own outright a six-bedroom duplex that the couple originally purchased together in Chelsea, Manhattan. She also purchased a penthouse property in Greenwich Village. As well as an apartment in Brooklyn for less than $1 million.
In her personal life Sarandon has likely spent $7-9 million dollars of her career earnings but also probably possesses assets valued at around $3-4 million, not including investment assets. In her investments, she may have earned investment returns of $18-19 million dollars. That amount includes her likely equity value in SPiN, as well as her other investments, for example in securities, but minus her likely losses and fees. Therefore, it is estimated that Susan Sarandon has a net worth of a little over $60 million dollars.
People often say that Sarandon is timelessly cool, in her mid-70s, she still attends Burning Man, a hippie festival in the desert, trips out on shrooms, and smokes marijuana with rapper A$AP Rocky. She has a twitter account where she regularly engages in conversation with rappers about their songs, and she even starred in a Jay-Z music video in 2016, when the actress was 69 years old.
Sarandon is an incredibly had worker; while trying to earn a BA in drama in college, she supported herself by cutting hair, cleaning houses, and being a switchboard operator. This work ethic continued all the way through her acting career and into her political activism. In the prime of her acting career, Sarandon was nominated for and won dozens of awards (and she claims she currently keeps her Oscar in the bathroom), and in her activism she is willing to protest up the point of getting arrested.
Through grafting and sheer hard work, Sarandon has earned a filmography as colorful and iconic as her personality. She is more youthful and full of energy than the youth of today, and continues her legacy through associating with rappers and pop stars like Ariana Grande.