As of February 2025, Morgan Freeman’s net worth is $250 million as per Celebrity Net Worth.
Morgan Freeman, born June 1, 1937, is an American actor, producer, and narrator with over 50 years of experience in the industry. Freeman made his film debut in 1964, playing The Pawnbroker, and he also made his stage debut that year. However, it wasn't until 1987 that he made his breakthrough with Street Smart, which also earned him his first Oscar nomination.
That was only the beginning; Freeman has been nominated for an Academy Award five times in his career, winning one. In addition, the American actor has received a Golden Globe, a Screen Actors Guild Award, and several other honors. He has also been nominated for several Primetime Emmy Awards and a Tony Award for his performances in various stage productions.
Morgan Freeman’s early life and career
Morgan Freeman was born on June 1st, 1937 in Tennessee to Mamie Edna, a teacher, and Morgan Porterfield Freeman, a barber. He moved frequently as a child, living across Southern America including Greenwood, Mississippi; Gary, Indiana and finally Chicago. There he made his acting debut at the age of 9, won a statewide drama competition at 12, and eventually graduated from high school in 1955.
Freeman did earn a partial drama scholarship to Jackson State but turned it down to enlist in the United States Air Force. He served between 1955 and 1959 before moving to Los Angeles to study theatre and eventually made his acting debut in 1964. That was on stage, and he got his film break in 1971 in Who Says I Can’t Ride a Rainbow! It was his first role on the big screen and things kicked off for the actor from there.
By 1987, he had acted in several feature films and was slowly earning a reputation for being an excellent actor, and was even nominated for an Academy Award. Not only that, he made his small screen debut in 1971, starring in a children’s television series The Electric Company, with roles in Attica, Another World, The Twilight Zone, and more during the 1970s and 1980s.
However, it wasn’t until 1989, that Freeman hit the spotlight as his roles in both Driving Miss Daisy and Glory, as he earned critical acclaim for his performances. It also earned him a Golden Globe Award for Best Actor – Motion Picture Musical or Comedy for his performance in the former and a nomination for the Academy Award for Best Actor. That led to more premium roles as he starred in Robin Hood: The Prince of Thieves, The Shawshank Redemption, Seven, Deep Impact, and more in the 1990s.
It also earned Freeman his second Academy Award nomination for his role in Shawshank Redemption. However, it wasn’t until 2004 that the actor won his first Oscar for his role in Million Dollar Baby, for which he won an Academy Award for Best Supporting Actor. Since then, Freeman has starred in Christopher Nolan’s Batman series, The Bucket List, Now You See Me, and several productions across film and television.
How much did Morgan Freeman’s divorce settlement cost?
As per Celebrity Net Worth, Morgan Freeman’s net worth is $250 million, although it could have been much higher as that was after he paid his ex-wife Myrna Colley-Lee a divorce settlement. The couple divorced in 2010 and Celebrity Net Worth has reported that Freeman paid Colley-Lee a fee of between $100 to $200 million in real estate and cash.
Also read: Morgan Freeman's movies in order
FAQs
A. No, Morgan Freeman is still alive as of February 2024.
A. Morgan Freeman made his acting debut as an uncredited character in the Sidney Lumet–directed drama The Pawnbroker in 1964 although he made his official debut in 1971.
A. As per Celebrity Net worth, Morgan Freeman paid his ex-wife Myrna Colley-Lee between $100 to $200 million in their divorce settlement.
