Kevin Costner's Jaw-Dropping $250 Million Net Worth Revealed
Kevin Costner's Jaw-Dropping $250 Million Net Worth Revealed.
What Is Kevin Costner's Net Worth and Salary?
Kevin Costner is a well-known American actor, producer, and director with a net worth of around $250 million. During the height of his fame in the 1980s and 1990s, he was one of the top-paid actors globally, thanks to iconic films like "Dances with Wolves," which he both directed and starred in, and "Robin Hood: Prince of Thieves."
In 1991, he raked in an impressive $50 million, mainly from backend points on "Dances with Wolves." To put that in perspective, that amount would be equivalent to about $110 million today. The film was a massive success, snagging seven Academy Awards, including Best Picture. The following year, his backend points for "Robin Hood: Prince of Thieves" earned him another $40 million.
He also made a cool $14 million for his role in the 1995 hit "Waterworld." As of now, Costner has received two Academy Awards, three Golden Globe Awards, one Primetime Emmy Award, and two Screen Actors Guild Awards. Lately, he’s been getting a lot of love for his performance in the popular TV series "Yellowstone."
"Yellowstone" Salary
Before kicking off the fifth season of "Yellowstone," Kevin struck a new deal with Paramount that upped his pay to $1.2 million per episode for what was supposed to be a 16-episode season split into two parts. The first part aired from November 2022 to January 2023. However, in February 2023, it came to light that Costner was in a dispute with the show's creator/producer, Taylor Sheridan, and Paramount regarding how many days he needed to film for the second part.
Early Life and Career Beginnings
Kevin Michael Costner was born on January 18, 1955, in Lynwood, California. His mom, Sharon Rae, worked in welfare, while his dad, William Costner, was an electrician who later became a utility executive at Southern California Edison. Kevin is the youngest of three brothers, though his middle brother sadly passed away at birth. He spent his childhood in Compton, California, growing up in a Baptist household.
Thanks to his dad's job, the family moved around a lot in California, especially during his teenage years. He started at Mt. Whitney High School but later moved to Orange County, where he graduated from Villa Park High School in 1973. He then went on to California State University, Fullerton, where he earned a Bachelor of Arts in marketing and finance in 1978.
After college, Costner decided to chase his acting dreams, inspired by a meeting with Richard Burton, who pushed him to follow his passion. He made his way to Hollywood through acting classes, odd jobs, auditions, and living on a tight budget. His hard work eventually paid off, and after a small role in a 1974 film, he began to make a name for himself in the acting world during the 1980s.
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Film Career
Costner's part in the 1987 movie "The Untouchables" is often seen as his major breakthrough, and then he really hit it big with "Dances with Wolves" in 1990, which he not only starred in but also directed. That film snagged him two Oscars for Best Director and Best Picture. Still, he's been involved in a ton of projects and films over the years.
Technically, Costner's first feature film was "Sizzle Beach, U.S.A.," shot between 1978 and 1979 but not released until 1981, with a re-release in 1986. This led many to mistakenly believe that his debut was in 1983's "The Touch." That same year, he also appeared in "Table for Five" and "Testament," plus he did a commercial for Apple's Lisa computer. In 1985, he was busy with several projects, including a leading role in "Silverado," directed by Lawrence Kasdan, along with "Fandango" and "American Flyers."
In 1987, besides "The Untouchables," he also starred in the thriller "No Way Out." His roles in "Bull Durham" (1988) and "Field of Dreams" (1989) really helped cement his status as a top-tier actor. In 1990, he teamed up with producer Jim Wilson to create Tig Productions, and their first project was the epic "Dances with Wolves," where he wore both the director and lead actor hats. That same year, he also starred in "Revenge."
Costner built on his success from "Dances with Wolves" with a lineup of films that either wowed critics or raked in big bucks. Some of his notable works from that time include "Robin Hood: Prince of Thieves" (1991), "JFK" (1991), "The Bodyguard" (1992), and Clint Eastwood's "A Perfect World" (1993). But after that winning streak, he faced a few flops that didn’t impress audiences or critics, like "The War" (1994), "Waterworld" (1995), and "The Postman" (1997). Among these, "The Postman," which he both starred in and directed, was the biggest disappointment, snagging five Golden Raspberry Awards, including Worst Picture, Worst Actor, and Worst Director.
Kevin kept busy with acting, featuring in films like "Tin Cup" (1996), "Message in a Bottle" (1999), "Thirteen Days" (2000), "Rumor Has It" (2005), "The Guardian" (2006), "Mr. Brooks" (2007), "Swing Vote" (2008), and "The Company Men" (2010). He made his mark on TV in 2012 with the History Channel miniseries "Hatfields & McCoys," which attracted a whopping 13.9 million viewers. Since then, he’s been in various films and even took on his first regular TV role in 2018 with the hit series "Yellowstone."
Business Interests
In June 2004, Costner launched an attraction named Tatanka: The Story of the Bison along U.S. Route 85, just a mile south of Deadwood, South Dakota. His goal was to create a place where folks could learn about the history of westward expansion in America. He also put some money into the Midnight Star Casino in Deadwood.
However, things got a bit messy when he let go of the casino's managers, Francis and Carla Caneva, in July 2004. A judge then ruled that he had to pay a portion of $6.1 million to buy them out as his business partners. In 2006, he sought a review from the South Dakota Supreme Court after an accountant he hired valued the casino at $3.1 million.
Personal Life
Costner tied the knot with his college love, Cindy Silva, right after they graduated in 1978. They have three kids together. However, after 16 years, they called it quits in 1994, and Kevin ended up agreeing to pay Cindy a whopping $80 million in their divorce settlement, making it one of the priciest splits in Hollywood at that time.
After his first marriage, Kevin started dating Bridget Rooney, with whom he had a son. Bridget is known for being an heiress to the Pittsburgh Steelers, and her nieces are the famous actresses Kate Mara and Rooney Mara.
Kevin has also been linked to activist Birgit Cunningham and model/actress Elle Macpherson.
In 2004, he married model and handbag designer Christine Baumgartner, and they have three kids together.
Divorce Settlements
Kevin forked over an $80 million divorce settlement to his first wife, Cindy Silva, back in the mid-90s. When you factor in inflation, that’s like shelling out $160 million today.
Fast forward to May 2, 2023, when Christine Baumgartner filed for divorce from Kevin after 18 years together, citing irreconcilable differences. Initially, she didn’t ask for spousal support since they had a prenup. According to Kevin's lawyer, spousal support was supposed to follow the terms of their premarital agreement.
But then, in mid-June 2023, Christine changed her tune and requested $250,000 a month in support. And get this: that amount didn’t even cover all the expenses for their kids, which Kevin was already handling. In her filing, Christine claimed Kevin raked in $19.5 million in 2023, while their family expenses hit $6.6 million. Those expenses included regular getaways to places like Aspen, Hawaii, and the Caribbean, where they often hired chefs and caterers. Plus, they spent around $2 million a year just to keep up their various properties.
In a follow-up filing, Christine detailed the family's income and expenses for 2022. She noted that Kevin's total income for that year was $19.5 million, specifically $19,517,064. He makes about $1.2 million per episode of "Yellowstone," and it’s believed he filmed eight episodes in 2022, which accounts for nearly $10 million of that total. On top of that, Kevin earned $2.3 million from renting out his Aspen ranch and $503,000 from a beachfront property in Carpinteria, California.
The filing put the total "family expenses" at around $6.5 million, specifically $6,645,285.
Here’s how the Costner family shelled out $6 million in 2022:
- Aspen House: $1,964,294.95
- Beach House: $1,178,147.16
- Gifts: $830,504.51
- Gardener: $542,303.47
- Beach Club: $288,381.24
- Household Help: $84,040.78
- Golf & Club Dues: $34,434.90
- Boat Costs: $25,806.45
- Spa Services: $21,807.67
- Personal Trainer: $12,851.58
Total Expenses: $5,982,772.71
In the filing, Christine mentioned that Kevin once told her he was offered $250 million for his Aspen property. This is on top of their other real estate holdings, which we’ll cover next.
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Real Estate
Costner has an amazing real estate collection with stunning properties scattered across the country. Check out some highlights:
Aspen, Colorado:
He owns a sprawling 160-acre estate in Aspen that includes three lakefront homes, which can easily accommodate 30 guests. He picked up this property in three separate deals. The first two purchases happened in the late '80s and early '90s, but the amounts were never revealed. In 2017, he shelled out $7.3 million for the final piece to complete the 160 acres. He rents this place out for a cool $30,000 a night!
Carpinteria, California:
Tucked away between Malibu and Santa Barbara is the charming beach town of Carpinteria. Over the years, the Costners have assembled an amazing estate consisting of three adjacent properties. They snagged the first one back in the 1980s, added the second a decade later, and then finally picked up the third property in 2017 for a cool $7.3 million.
Before this, they had a 7-acre property in the same area, which they sold in 2009 for a whopping $25 million.
But that’s not all they have in Carpinteria.
In 2006, they dropped $28.5 million on a 17-acre piece of undeveloped land with stunning ocean views.
They also own another 10-acre property in Carpinteria, which they attempted to sell in 2017 for $60 million. They lowered the price to $49 million the following year but eventually decided to take it off the market. Check out this video tour of the amazing property.
Kevin Costner’s remarkable career has earned him a net worth of $250 million, cementing his place as one of Hollywood’s most successful actors, producers, and directors. From iconic films like Dances with Wolves and Robin Hood: Prince of Thieves to his stellar performance in Yellowstone, Costner’s contributions to film and television have solidified his legendary status.
Along with his lucrative salary from Yellowstone and smart business investments, his financial success reflects his hard work and versatility. With a strong portfolio of real estate and a career spanning decades, Costner continues to be an influential figure in both entertainment and business.