If you’re looking for average net worth, you’re not going to find it here. Angelina Jolie has had a successful acting career and won many awards. The awards include the Golden Globe, an Academy Award, and Critic’s Choice Movie Award. All that contributed to Angelina Jolie’s net worth of approximately $100 million. That makes her one of the highest net worth actors globally. The story of her wealth accumulation can perhaps be summed up in her own words,
“Make bold choices and make mistakes. It’s all those things that add to the person you become.”
Here’s the story of her bold financial choices and mistakes.
Angelina Jolie’s Net Worth: How She Made Her Money
Jolie’s wealth accumulation started with acting. She then moved up to directing films. She also had lucrative product endorsements. All along, she made multiple business investments and bought prime properties.
Angelina Jolie’s Net Worth: Her Acting Career
Jolie began her acting career at a very young age in the 1990s. In her teenage years, she attended Lee Strasberg Theatre Institute and later attended New York University. She won the best actress Golden Globe for her performance in the 1998 television film Gia. Then she got her first Academy Award for Best Supporting Actress. She went on to pick up many exciting roles. Among them is an adventurer in the Tomb Raider films, ‘The Good Shepherd’, ‘Mr. and Mrs. Smith,’ and ‘Beowulf.’
Many people often recognize Jolie for her appearance in several remarkable films. The best highlights of her career include:
Girl Interrupted (Movie, 1999)
GIA (Movie, 1998)
Mr. & Mrs. Smith (Movie, 2005)
Original Sin (Movie, 2001)
Salt (Movie, 2010)
Highest Grossing Films
As expected, Jolie’s wealth comes from the success of her films. Her highest-grossing films include:
Maleficent – lifetime gross of $241,410,378
Kung-Fu Panda – lifetime gross of $215,434,591
Mr. & Mrs. Smith – lifetime gross of $186,336,279
Kung Fu Panda 2 – lifetime gross of $165,249,063
Shark Tale – lifetime gross of $160,861,908
Besides acting, Jolie also directed several films. The 2011’s ‘Unbroken,’ and ‘In the Land of Blood and Honey’ were her directorial debuts. Her acting success spilled over into her directorial career with the film, ‘Unbroken,’ earning more than $163 million globally.
Angelina Jolie’s Net Worth: Business Investments
Jolie invested in businesses both within her acting industry and beyond. Any professional financial expert is sure to advise you to do the same. The best way to manage and preserve your money is to diversify your investments across different industries. This reduces the chances of losing all your money if one industry suffers a major setback.
A Production Company
Jolie invested in a production company called Jolie Pas. The company produced several successful movies, including:
By the Sea (2015)
Maleficent: Mistress of Evil (2019)
In 2013, she launched a signature estate wine line with her then-husband Brad Pitt. Even after their divorce, they chose to keep the wine company as an investment for their children. The French estate was worth $80 million.
Angelina Jolie’s Net Worth: Properties
Jolie owned a palatial estate in Long Island. By the time she and Brad put it up for sale, it was worth $55 million. The estate covered 47 acres with a 20,000-square-foot Tudor. Her family stayed in the mansion while she filmed “Salt”. Besides that, Jolie bought several other real estate properties together with her ex-husband.
Angelina Jolie’s Net Worth: Product Endorsements
Every top celebrity is sure to have multiple product endorsement deals. Jolie was no different. One such deal was worth $12 million with fashion brand St. John. She also had a $10 million contract with Louis Vuitton.
How Jolie Spent Her Money
People who make lots of money often spend a lot. Jolie splurged money on her kids, humanitarian efforts, and quite a bit of luxury items. Obviously, she’s sure to have extensive savings to safeguard her personal finances. Without such savings, she would quickly erode her net worth with excessive spending.
Because of her devotion to humanitarian work, Jolie became a Goodwill Ambassador for the UN refugees Agency in 2001. She worked to obtain aid for refugees in Darfur, Cambodia, Jordan, and other places. Jolie received the Global Humanitarian Action Award from the United Nations Association in 2005.
Jolie had a taste for the finer things in life too. She and Brad Pitt spent $322 million on a superyacht. That’s besides an extra $200,000 to decorate the yacht.
Not only did Jolie buy a private jet, but she also got a pilot license to fly it. The Cirrus SR22 cost $334,700.
Former Home of Cecil B. Demille
Cecil B. Demille was a pioneer of filmmaking. The Golden Globes even named their honorary awards after him. Clearly, Angelina Jolie admired the man and his contributions to film so much so that she bought his former home. She purchased the home located in Los Feliz for $24,500,000.
Jolie and Brad bought the French Chateau Miraval for $35 million in 2008. It’s such a big property that the driveway is 3 miles wide with 35 bedrooms. To cap it all, a moat surrounds it. The property also has woods, vineyards, and a forest.
Brad and Jolie had an impressive art collection. They acquired one of British artist’s Schooney’s prestigious Boy Soldier pieces. In 2007, they spent $2 million on several Banksy pieces at the Lazarides Gallery auction.
In the 2009 Oscars event, Jolie displayed stunning emerald jewelry on the red carpet. She wore a pair of amazing emerald drop earrings by Lorraine Schwartz weighing 115 carats. She also wore an emerald 65 karat ring worth $1 million. The total cost of all the jewelry she wore was $3.5 million.
A Villa Costanza
In 2010, Jolie and Brad bought a mansion on an 18,000 square feet property. It was deep in the hills of Valpolicella, Italy. The estate had 15 rooms, a home theatre, eight bathrooms, two swimming pools, and several stables. The purchase cost $41 million.
Angelina Jolie’s Net Worth: How Divorce Will Affect Her Net Worth
Divorce always affects couples’ wealth. It’s no different with the two celebrities: Jolie and Brad. Brad’s and Jolie’s divorce in 2016 was bound to affect their combined average net worth of $500 million. So far, the divorce proceedings are still ongoing since the divorce. It involves arbitration in figuring out the best way to split the couple’s assets. They would manage it easier if they had a prenuptial agreement.
Although the couple had significant physical assets, their most valuable assets were royalties from movies. Dividing such intangible assets is a challenge. Unlike normal actors who get a flat salary for movies, A-list actors can get royalties. Hence, Brad and Jolie were getting percentages of profits from films.
Such royalties can pay dividends for many years. They include a wide range of products related to the film, including streaming deals, and DVD sales. Hence, Brad and Jolie need to agree on how they’ll split this form of property. It can be expected that they’ll share 50-50 of royalties from movies made during their marriage. Such royalties are considered marital property.
Splitting Up Their Estates
Even splitting the physical assets isn’t as easy as expected. Brad and Jolie need to agree on who should get which property. The court then splits the property based on its value. The challenge comes in the appraisal process. Both Brad and Jolie will likely hire their own evaluators. That means the evaluators can rate the properties either low or high, based on who wants the property.
Fortunately, the court comes in to determine which evaluation is fair. Understandably, the whole process involves even more costs. That means, apart from the potential of losing some property to Brad, Jolie will incur legal fees. All this is sure to impact her net worth.
Despite all the challenges Jolie went through, she remains bold and optimistic. Clearly, she has a healthy debt-to-income ratio that preserves her wealth.
She embodies her own words,
“Be brave, be bold, be free.”
With all she has achieved, Jolie is truly a remarkable and smart woman. She managed to maintain the delicate balance of being a passionate humanitarian as well as an intelligent investor. Angelina Jolie’s net worth might even increase in the future with her smart investment plans. Judging from the wealth statistics in the US, she’ll likely remain one of the richest celebrities for a long time.