Cover Image Source: Getty Images | Photo by Christopher Polk

Name	Tom Hanks
Net Worth	$400 million
Salary	$3 million+
Annual Income	$35 million
Sources of Income	Acting, Directing, Producing
Gender	Male
Date of Birth	July 9, 1956
Age	67 years old
Nationality	American
Profession	Film Producer, Screenwriter, Television producer, Television Director, Actor, Voice Actor, Film director, Motivational Speaker

Tom Hanks, a celebrated American actor, director, writer, and producer, has cemented his place as one of Hollywood's most iconic and accomplished figures. With an estimated net worth of $400 million, Hanks has not only made his mark in the entertainment industry but has also achieved remarkable financial success. The 2022 biopic "Elvis" which revolves around rock and roll icon Elvis Presley, features Tom Hanks as Tom Parker, the Dutch musical entrepreneur who managed the legendary American superstar. Let's delve into his journey, sources of income, career highlights, and more.

Tom Hanks walks the Red Carpet | Getty Images | Vittorio Zunino Celotto

What are Tom Hanks' sources of income?

Hanks' substantial net worth primarily stems from his multifaceted career in the entertainment world. He is widely recognized for his diverse roles in a plethora of films, which have consistently earned him top dollar. His main sources of income include acting, directing, and producing.

Salaries of Tom Hanks

Between 1988 and 2010, Tom Hanks accumulated approximately $300 million in movie salaries, equivalent to about $450 million when adjusted for inflation. Over the subsequent decade, he earned an additional $100 million, bringing his total movie salary earnings to a minimum of $400 million.

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Tom Hanks attends the Australian premiere of ELVIS | Getty Images | Chris Hyde

Notable paychecks include $70,000 (around $172,000 after inflation) for "Splash" in 1984, $1.75 million (about $4 million today) for "Big" in 1988, and $5 million (equivalent to $11 million today) for "Punchline" in 1998. His earnings continued to soar, with $40 million for "Saving Private Ryan" and $20 million each for "You've Got Mail," "Cast Away," and "The Green Mile."

Tom's strategic move to opt for backend points instead of an upfront salary for "Forrest Gump" turned into a major payday, as the film's massive success translated into around $120 million in today's value, making it one of Hollywood's most lucrative acting deals. His portrayal of Robert Langdon in "The Da Vinci Code" trilogy garnered him a total of $68 million. Through shrewd negotiations and wise decisions, Tom Hanks has secured his position as one of the highest-earning actors in history.

Real estate holdings of Tom Hanks

Apart from his earnings in the entertainment industry, Tom Hanks has invested in real estate, contributing to his impressive net worth. He and his wife, Rita Wilson, own a valuable portfolio of properties. Notably, their oceanfront mansion in Malibu Colony, which they purchased for $2.95 million, is estimated to be worth around $20 million today. Their primary residence in the Pacific Palisades area of Los Angeles, acquired for $26 million, adds to their real estate assets.

Tom Hanks' earnings by year

Net worth in 2020	$225 million
Net worth in 2021	$330 million
Net worth in 2022	$350 million

Instagram	9.5 million followers
Twitter	15.6 million followers
Facebook	12 million followers

Tom Hanks' personal life and awards

Tom Hanks' personal life is as remarkable as his professional journey. He was married to Samantha Lewes from 1978 to 1987 before marrying actress Rita Wilson in 1988. The couple has four children, including actor Colin Hanks and rapper Chet Haze.

Rita Wilson is honored with a star on the Hollywood Walk of Fame | Getty Images | Frazer Harrison

Hanks revealed he has Type 2 diabetes. Hanks' awards and accolades further underscore his immense talent. He has received multiple Academy Award nominations and secured consecutive Best Actor Oscars for his roles in "Philadelphia" and "Forrest Gump" in 1993 and 1994, respectively. His performances have garnered critical acclaim and contributed to his enduring legacy in the film industry.