Daft Punk
$120 million
Morgan Freeman’s net worth is estimated at $250 million, built across a film career spanning more than five decades. Freeman is one of Hollywood’s most recognizable actors, a four-time Academy Award nominee who won Best Supporting Actor for Million Dollar Baby (2004), and one of the most in-demand narrators and voice talents in the industry. His films have collectively grossed over $11 billion at the worldwide box office.
Updated March 2026: According to Business Insider, Freeman, now 88, has no plans to retire and is set to appear in Now You See Me: Now You Don’t, which premiered in November 2025. Industry estimates compiled across his 96-film career place his career earnings at approximately $245 million in acting fees alone, consistent with a net worth of $250 million.
Morgan Porterfield Freeman Jr. was born on June 1, 1937, in Memphis, Tennessee. His father, Morgan Porterfield Freeman Sr., was a barber; his mother, Mamie Edna, was a teacher. Freeman spent portions of his childhood in Greenwood, Mississippi, Gary, Indiana, and Chicago, largely raised by his grandmother during his early years.
Freeman showed an early aptitude for performance. At age nine, he made his acting debut in a school play. At twelve, he won a statewide drama competition in Mississippi. He attended Broad Street High School in Greenwood, graduating in 1955. That same year, he enrolled at Los Angeles City College but left to enlist in the United States Air Force, where he served as a radar technician from 1955 to 1959, reaching the rank of Airman First Class. After his discharge, he moved to Los Angeles and enrolled at the Pasadena Playhouse to study acting formally.
Freeman’s path to mainstream film stardom was a long one. He worked steadily in television and theater through the 1960s and 1970s, including a recurring role on the PBS children’s series The Electric Company from 1971 to 1977, before building a stage reputation in New York. His film breakthrough came with Street Smart (1987), for which he earned his first Academy Award nomination for Best Supporting Actor.
A string of critically acclaimed roles followed. He received his second Oscar nomination for Best Actor for Driving Miss Daisy (1989), winning the Golden Globe for that role. In 1994, he appeared in two of the most enduring films of that decade: The Shawshank Redemption — for which he earned his third Oscar nomination and received approximately $300,000 in initial salary — and Se7en alongside Brad Pitt. Both films became defining works of 1990s cinema.
Freeman’s Oscar win came with Million Dollar Baby (2004), directed by Clint Eastwood. By that point, his per-film salary had reached the $10–15 million range for major productions, including roles in Christopher Nolan’s Batman Begins (2005), The Dark Knight (2008), and The Dark Knight Rises (2012) — the trilogy generating an estimated $15 million in combined fees. His narration of March of the Penguins (2005) further cemented his status as the premier voice in documentary and commercial narration.
In 2009, Freeman co-starred in Invictus as Nelson Mandela, earning a fifth major award nomination. He co-founded Revelations Entertainment in 1996 with producer Lori McCreary, giving him a production stake in several of his projects. His most recent major project is Now You See Me: Now You Don’t (2025), and he appeared in the Paramount+ series Lioness Season 2 in 2025.
Freeman has been married twice. His first marriage was to Jeanette Adair Bradshaw, from 1967 to 1979. He then married costume designer Myrna Colley-Lee in 1984; they divorced in 2010 after 26 years of marriage. He has four children: Alfonso Freeman (born 1959), Saifoulaye Freeman (born 1960), Deena Adair, and Morgana Freeman.
In August 2008, Freeman was seriously injured in a car accident near Ruleville, Mississippi. The crash required emergency surgery and left Freeman with nerve damage and partial paralysis in his left hand, a condition he has managed with the help of a compression glove. He was subsequently diagnosed with fibromyalgia. Despite these health challenges, Freeman has remained professionally active and told Business Insider in November 2025 that Clint Eastwood — who continued directing and acting into his 90s — inspired his own approach to longevity in the industry.
Freeman is a licensed pilot and has owned multiple aircraft. He operates a bee sanctuary at his Mississippi ranch, maintaining hundreds of hives and expressing his commitment to pollinator conservation publicly. He has described his spiritual orientation as aligned with Zoroastrianism and has been an outspoken critic of racism in the United States, using public platforms including CNN and MSNBC to address civil rights issues.
Morgan Freeman’s net worth is estimated at $250 million. This figure reflects career earnings from over 96 films, narration contracts, production activities through Revelations Entertainment, and long-term residuals — particularly from The Shawshank Redemption and the Dark Knight trilogy.
The majority of Freeman’s fortune derives from acting fees, which reached $10–15 million per major studio film following his Oscar win in 2004. Voice and narration work has added significantly — his voice has appeared in major commercial campaigns and documentaries — while his production company Revelations Entertainment, co-founded in 1996, provides an additional income stream through producer credits and equity.
Yes. As of 2025–2026, Freeman remains professionally active at age 88. He appeared in Lioness Season 2 on Paramount+ in 2025 and starred in Now You See Me: Now You Don’t, which premiered November 14, 2025, per Business Insider. He has stated he has no plans to retire.