The net worth of Mark Wahlberg is estimated to be $400 million as of 2023.
Mark Robert Michael Wahlberg, born on June 5, 1971, is an American actor and producer. His versatility as a leading man is evident in his contributions to comedy, drama, and action genres. Wahlberg's talent has been recognized with numerous honors, including a BAFTA Award. Additionally, he has earned nominations for two Academy Awards, three Golden Globe Awards, nine Primetime Emmy Awards, and three Screen Actors Guild Awards.
In Hollywood, Mark Wahlberg has unquestionably had one of the more interesting careers. The original fifth member of “The New Kids on the Block,” a pop phenomenon, Mark left the group when he was in his teens and got involved in a few criminal activities.
After eventually being sentenced to prison, he decided to change his lifestyle. As "Marky Mark” in the group “Marky Mark and the Funky Bunch,” he began a fruitful rap career in the early 1990s. He released a few hit singles under the name Marky Mark, most notably the platinum-certified “Good Vibrations.” He also made appearances in a number of effective Calvin Klein commercials.
Furthermore, he shifted his focus to acting in the middle of the 1990s, dropped the nickname “Marky Mark,” and soon found himself in the top ranks of acting and production. He can easily make $10 million as an actor, but he usually takes a cut of the backend profits in exchange for lower pay.
His movies have made more than $5.4 million at the international box office to date. His biggest box office success was the 2014 film “Transformers: Age of Extinction,” which earned $1.1 billion globally and the 2017 film “Transformers: The Last Knight” brought in $600 million worldwide.
Wahlberg is also a highly successful and highly sought-after entertainment producer and entrepreneur, which may hold significant significance for his net worth. He has also achieved enormous success through his 'Wahlburgers' burger franchise and fitness chain, 'F45 Fitness,' which began in July 2021, while also currently owning 8 million shares of F45 as a result of his early venture capital investment. There are approximately 50 Wahlburgers franchises worldwide, and the business brings in more than $100 million a year.
Personal Information
Social Media Information
Sources Of Income
Acting
Wahlberg has played important roles in many movies, including comedies, dramas, and action movies. He makes a lot of money from his acting career. Wahlberg can now make a minimum of $10 million plus backend points for playing a big-budget movie lead.
However, the actor's salary has increased proportionally to the amount of time and effort he puts into his films.
Mark Wahlberg's known earnings are as follows:
- The Basketball Diaries (1995) - $60,000
- Fear (1996) - $250,000
- Boogie Nights (1997) - $1 million
- Three Kings (1999) - $2 million
- The Perfect Storm (2000) - $1 million
- Planet of the Apes (2001) - $8 million
- Rock Star (2001) - $6 million
- The Truth about Charlie (2002) - $10 million
- The Italian Job (2003) - $2.5 million
- I Heart Huckabees (2004) - $500,000
- Four Brothers (2005) - $2 million
- Invincible (2006) - $5 million
- The Departed (2006) - $5 million
- Shooter (2007) - $10 million
- The Fighter (2010) - $500,000
- Ted (2010) - $7.5 million
- 2 Guns (2013) - $10 million
- Lone Survivor (2013) - $4 million
- Transformers (2014) - $17 million
Production
In addition to his acting career, Wahlberg has ventured into film production through companies such as Closest to the Hole Productions, Leverage Entertainment, and Unrealistic Ideas. Wahlberg is an accomplished producer of many of the movies in which he stars.
Wahlberg was the executive producer on the HBO series “Entourage” (2004–2011) through his production company, “Closest to the Hole,” which was loosely based on his experiences in Hollywood. He received $3 million annually as an executive producer while the show was airing.
“Boardwalk Empire,” “Ballers,” and “How to Make It in America” are three television shows that Mark executive produced. Films like “Lone Survivor,” “The Fighter,” “Deepwater Horizon,” “Instant Family,” and “Patriots' Day” were also produced by Closest to the Hole.
Mark's production company has so far produced movies that have brought in close to $900 million at international box offices. He has also been involved in the production of TV shows, which has made him more influential in the entertainment business.
Endorsements
Mark Wahlberg has been associated with various brand endorsements, leveraging his fame and influence to secure lucrative partnerships. Apart from his iconic 1992 collaboration with Calvin Klein, Mark Wahlberg has further extended his influence as a brand ambassador for various companies.
One partnership was with the health and nutrition brand GNC, where he endorsed “Marked,” a series of sports nutrition supplements. Wahlberg also signed a significant deal with AT&T in March 2017, reportedly worth $10 million, positioning him as their spokesperson.
Business Ventures
Wahlberg has invested in and co-founded several businesses, including the Wahlburgers restaurant chain, which has expanded its presence over the years. In July 2013, Wahlberg acquired a stake in a cricket team based in Barbados. He enlisted the help of rapper Sean "Diddy" Combs and billionaire investor Ron Burkle in 2015 to invest in Aquahydrate, a company that sells bottled water.
He is also a founding member of the Performance Inspired Sports Nutrition business. Furthermore, he took part in the $6 million funding round for the StockX in 2017. In Columbus, Ohio, Wahlberg, and his business partner, Jay Feldman, purchased a Chevy dealership. The store is now known as Mark Wahlberg Chevrolet.
Along with his brothers Donnie and Paul, Wahlberg is a co-owner of the burger chain Wahlburgers. The Wahlberg family participated in a franchise-based reality series that aired on A&E from January 2014 to July 2019. Around the world, there are nearly 50 Wahlburger locations. The business brings in more than $100 million a year.
Mark Wahlberg is known for his dedication to fitness, and he has ventured into the fitness industry with investments in businesses like F45 Training. The F45 fitness chain was acquired by Wahlberg and the private equity company FOD Capital in March 2019. Their investment was worth $450 million for F45. It finished with a public market cap of $1.6 billion on its first trading day.
Under his name, Mark directly owns 2.2 million shares of F45. Additionally, he owns 5.8 million shares via a company called MWIG, LLC, which is owned by Mark and numerous other investors. Using the F45 share price in April 2022, Mark's total holding of shares is valued at $88.2 million. In June 2022, Mark's investment is estimated to be worth $36 million.
Expenses
Mark Wahlberg purchased a Beverly Hills home for $4.95 million in 2001, which featured seven bedrooms and eleven bathrooms, a 9,000-square-foot main house, and a guesthouse on nearly two acres. The lush grounds, pool, waterfall, golf course, spa, basketball court, and fitness center are some of the things this property has to offer. It was listed for $30 million in 2015 and sold for $12.4 million in April 2018.
Wahlberg’s primary residence for the past decade was an expansive estate in Beverly Park, bought for $8.25 million in 2009. The 6+ acre property, designed by architect Richard Landry, has a 30,000-square-foot main house, a golf course, a basketball court, a pool, and a movie theater. The property was initially listed for $87.5 million in April 2022, but was re-listed for $79.5 million in December 2022, ultimately selling for $55 million in February 2023, with tax savings as Nevada residents.
In August 2022, Mark and his wife bought two vacant lots in The Summit, a Las Vegas community, for $15.6 million. Wahlberg bought a 7,300-square-foot townhouse in Summerlins Summit Club for $14.5 million. Later, he sold it for $16.6 million in September 2023.