Katie Sigmond
$2 million
Tom Hanks has an estimated net worth of $400 million, making him one of the wealthiest actors in Hollywood history. Born in Concord, California in 1956, Hanks is an American actor, filmmaker, and producer whose career spans more than four decades. He is the only male actor to win consecutive Academy Awards for Best Actor, and his films have collectively grossed over $11 billion worldwide.
Updated March 2026: According to Business Insider, Tom Hanks’s net worth is estimated at $400 million.
Thomas Jeffrey Hanks was born on July 9, 1956, in Concord, California. He is the third of four children born to Amos Mefford Hanks, a cook, and Janet Marylyn Turner. His parents divorced when he was five years old, and Hanks spent his childhood shuttling between his father and mother in various parts of Northern California. He attended Skyline High School in Oakland and later enrolled at Chabot College in Hayward, California, before transferring to California State University, Sacramento. While studying theater at Sacramento State, he got his first exposure to professional theater through an internship with the Great Lakes Theater Festival in Cleveland, Ohio. He left college before graduating to pursue acting full-time.
Hanks’s television career began in the late 1970s. He landed a recurring role in the ABC sitcom Bosom Buddies (1980–1982), which generated enough notice to transition him to film work. His theatrical breakthrough came with Ron Howard’s comedy Splash (1984), for which he earned $70,000 — his first significant film paycheck. The film grossed over $69 million domestically.
By 1988, Hanks had established himself as a reliable box office lead with Big, which earned him his first Academy Award nomination. He cemented A-list status in the early 1990s through a run of critically acclaimed and commercially successful films: A League of Their Own (1992), Sleepless in Seattle (1993), and then back-to-back Oscar victories. He won the Academy Award for Best Actor for playing a gay lawyer dying of AIDS in Philadelphia (1993), then repeated the feat the following year playing the title character in Forrest Gump (1994). His backend deal on Forrest Gump — negotiated instead of an upfront salary — yielded approximately $70 million in profit participation, one of the largest acting paydays in cinema history.
The second half of the 1990s and the 2000s produced an unbroken string of major films: Apollo 13 (1995), Toy Story (1995, as the voice of Woody), Saving Private Ryan (1998), You’ve Got Mail (1998), The Green Mile (1999), and Cast Away (2000), for which he earned $20 million. He received $40 million for Saving Private Ryan and $18 million for The Da Vinci Code (2006), followed by $25 million each for its sequels Angels & Demons (2009) and Inferno (2016).
Hanks collaborated frequently with director Steven Spielberg across five feature films — Saving Private Ryan, Catch Me If You Can (2002), The Terminal (2004), Bridge of Spies (2015), and The Post (2017) — and three World War II-themed miniseries: Band of Brothers (2001), The Pacific (2010), and Masters of the Air (2024). In recent years, he played Colonel Tom Parker in Baz Luhrmann’s Elvis (2022) and starred alongside Robin Wright in Robert Zemeckis’s Here (2024). In 2025, he appeared in Wes Anderson’s The Phoenician Scheme alongside Scarlett Johansson and Bill Murray, and provided voice work for The American Revolution (2025) series.
Hanks’s wealth derives from multiple streams that have compounded over four decades of work at the top of the film industry:
Hanks has been married twice. His first marriage was to actress Samantha Lewes (1978–1987), with whom he has two children: Colin Hanks (born 1977) and Elizabeth Ann Hanks (born 1982). He married actress and singer Rita Wilson in 1988; they have two sons together: Chet Hanks (born 1990) and Truman Hanks (born 1995). Tom and Rita have been together for more than 35 years and are considered one of Hollywood’s most durable couples. In March 2020, the couple publicly disclosed they had tested positive for COVID-19 while filming in Australia — they were among the first high-profile individuals globally to disclose the diagnosis.
Hanks received the Presidential Medal of Freedom from President Barack Obama in 2016. He was awarded the AFI Life Achievement Award in 2002, the Kennedy Center Honor in 2014, and the Golden Globe Cecil B. DeMille Award in 2020. He holds an estimated seven Emmy Awards and four Golden Globe Awards. He is widely regarded as one of the most culturally beloved public figures in America.
Tom Hanks’s net worth is estimated at $400 million as of 2026, according to Celebrity Net Worth. His fortune reflects over 40 years of top-tier film salaries, backend profit participation on blockbusters like Forrest Gump, and income from his production company Playtone.
The majority of Hanks’s wealth came from film acting. He has earned a minimum of $400 million in base film salaries throughout his career, not counting backend deals. His single largest payday was the backend arrangement on Forrest Gump (1994), which alone generated approximately $70 million. He also commands around $25 million per film in base salary and earns from his production company Playtone and real estate holdings.
Tom Hanks has won two Academy Awards for Best Actor — for Philadelphia (1993) and Forrest Gump (1994) — making him the only male actor to win the award in back-to-back years. He has received six total Oscar nominations throughout his career.
As of March 2026, Tom Hanks is 69 years old. Tom Hanks was born on July 9, 1956 in Concord, California, USA.
Tom Hanks stands 6′ 0″ tall (183 cm).
Tom Hanks has been married to actress and producer Rita Wilson since 1988. He was previously married to Samantha Lewes from 1978 to 1987. Hanks has four children across both marriages: Colin, Elizabeth, Chet, and Truman.
Yes, Tom Hanks has four children. He has two sons from his first marriage to Samantha Lewes: Colin Hanks (49), who is also an actor, and Elizabeth Hanks (44). With wife Rita Wilson, he has two more sons: Chet Hanks (36) and Truman Hanks (31).
Tom Hanks lives in Pacific Palisades, Los Angeles, California. His home was purchased for $26 million and is estimated to be worth over $28 million today. Hanks and wife Rita Wilson have been longtime residents of the area.
Tom Hanks earned approximately $70 million from Forrest Gump through a backend profit-sharing deal, one of the most lucrative arrangements in Hollywood history. He typically commands $25 million or more per film.