It was never expected that Michael Douglas’ wealth would be minimal. Douglas was born into affluence as the eldest son of Kirk Douglas (and actress Diana Dill), thus he attended a private school and naturally followed in his father’s acting footsteps. Since then, the actor has received numerous awards and recognitions, including two Academy Awards.
It’s easy to see why Douglas is still in the spotlight after his high-profile May-December affair with Catherine Zeta-Jones. Even now, Douglas may be seen in blockbuster movies like the Marvel Studios release Ant-Man and the Wasp: Quantum Mania. After so many fruitful years, how much money has accumulated in Douglas’s bank account?
Michael Douglas Net Worth
Michael Douglas is an American actor, director, and producer who has $350 million in net worth. In addition to “The China Syndrome” (1979), “Romancing the Stone” (1984), “A Chorus Line” (1985), “The Jewel of the Nile” (1985), “Fatal Attraction” (1987), “The War of the Roses” (1989), “Basic Instinct” (1992), “Wonder Boys” (2000), and “Traffic” (2000) are among the most prominent films in which he has starred.
Michael Douglas’s Financial Success
Michael’s acting career has netted him hundreds of millions of dollars. As a producer, he has also reaped enormous financial rewards. In terms of salary, some of the highest-grossing films for actors are “Basic Instinct” at $15 million, “The American President” at $15 million, “The Game” at $20 million, “A Perfect Murder” at $20 million, “Wonder Boys” at $5 million, and “Traffic” at $10 million.
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Michael Douglas: A Man of Many Homes
Douglas has substantial global real estate holdings. In 1990, he paid $3.5 million (equivalent to almost $6 million today) for a 250-acre estate on the coast of Spain named S’Estaca, one of his most magnificent homes.
He put the property up for sale for $60 million at one point in 2014 but was unable to find a buyer at that price. He put it back on the market in June of 2019 for $32 million. Diandra, Michael’s ex-wife, is listed as a co-owner in the deed. In the end, they pulled the house off the market.
He once had a 13-acre estate in Westchester County, New York. He paid $11.3 million for the home in 2015 and was able to sell it for $20.5 million in 2019. At the time of the sale, he had invested $4.5 million in an Irvington, New York, mansion that was around 11,000 square feet and sat on 12 acres of land.
He also has access to a huge condominium overlooking Central Park in New York City.
Michael put his Bermuda home on the market for $10.6 million in June 2019 after living there for many years.
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