Jamie Foxx Net Worth 2023: What Is The Star Worth?

Publish date: 2024-06-24

Born Eric Marlon Bishop in 1967, Jamie Foxx has come a long way. Raised in the small town of Terrell, Texas, Foxx was adopted by his grandmother when his parents divorced. Today, this multi-talented individual has etched his name in the annals of Hollywood, boasting an estimated net worth of $170 million, according to Celebrity Net Worth. But how did Foxx build this fortune? Let's explore.

LOS ANGELES, CA - JUNE 24: Host Jamie Foxx speaks onstage at the 2018 BET Awards at Microsoft Theater on June 24, 2018 in Los Angeles, California. (Photo by Paras Griffin/VMN18/Getty Images for BET)

Foxx's career began with comedy. He made a name for himself in the 1990s on the sketch comedy show In Living Color. This stint led him to his own sitcom, The Jamie Foxx Show, which ran for five seasons. However, Foxx wasn't content with being just a comedian. His career soon flourished due to the visibility. It was the beginning of the making of a Hollywood superstar.

A Shift To The Big Screen

HOLLYWOOD, United States: Best Actor Jamie Foxx pumps his fists, hoisting his trophy, at the Kodak Theater in Hollywood, California, 27 February, 2005, during the 77th Academy Awards. Foxx won for his performance in "Ray." AFP PHOTO/ROBYN BECK (Photo credit should read ROBYN BECK/AFP via Getty Images)

In the early 2000s, Foxx transitioned to film. His breakthrough came in 2004 when he portrayed legendary singer Ray Charles in the biopic Ray. Foxx's performance won him an Academy Award, affirming his place in the industry. The movie's success significantly boosted his earnings and made him a serious actor.

Jamie Foxx's Musical Ventures

MIAMI - AUGUST 27: Rapper Kanye West (L) and singer/actor Jamie Foxx pose on stage during rehearsals for the 2005 MTV Video Music Awards at the American Airlines Arena August 27, 2005 in Miami, Florida. (Photo by Kevin Winter/Getty Images)

Foxx's talents, however, extend beyond acting. He is also an accomplished musician. His 2005 album, Unpredictable, topped the Billboard 200, and the title track, a duet with Ludacris, won a Grammy Award. His collaborations with Kanye West have also been lucrative, cementing his place as a hitmaker in hip hop. These musical successes contributed significantly to Foxx's net worth.

Jamie Foxx: The Entrepreneur

NEW YORK, NEW YORK - OCTOBER 18: Jamie Foxx sits down with SiriusXM's Sway Calloway on SiriusXM Shade 45's Sway In The Morning on October 18, 2021 in New York City. (Photo by Cindy Ord/Getty Images)

Not one to rest on his laurels, Foxx has also ventured into business. He has endorsed several brands, including Apple and Under Armour. He also owns his production company, Foxxhole Productions. These entrepreneurial endeavors have added a sizeable chunk to his net worth. Foxx has made wise investments in real estate. He reportedly owns a $10.5 million home in Hidden Valley, California, among other properties. These investments have appreciated over time, adding to his wealth.

Jamie Foxx's Philanthropy

MIAMI BEACH, FLORIDA - OCTOBER 08: Jamie Foxx attends JR Ridinger Celebration Of Life at Faena Forum on October 08, 2022 in Miami Beach, Florida. (Photo by Romain Maurice/Getty Images for Haute Living)

Amidst his success, Foxx has not forgotten to give back. He is involved in various charitable activities and supports numerous causes, including education and disaster relief. While these acts of kindness don't necessarily increase his net worth, they do enrich his character and public image.

In 2023, Jamie Foxx is more than just an entertainer; he is a brand. His diverse talents and business ventures have paid off handsomely, with Celebrity Net Worth estimating his net worth at $170 million. This figure puts him among the wealthiest actors in Hollywood. But Foxx's worth extends beyond his financial assets. His impact on the entertainment industry, philanthropic efforts, and his influence as a cultural icon all add to his true worth.

Conclusion

From his beginnings in a small Texas town to his rise as a Hollywood A-lister, Jamie Foxx's journey has been nothing short of remarkable. His estimated net worth of $170 million in 2023 is a testament to his talent, hard work, and business acumen. However, the star's true worth lies in his versatility and impact on and off the screen. Whether making us laugh, moving us with his performances, or helping those in need, Foxx's worth is immeasurable.

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