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How Mark Wahlberg Achieved a Net Worth of $400 Million

Mark Walberg, whose full name is Mark Robert Michael Walberg, is a celebrity who was born on June 5, 1971 in a neighborhood in Boston, Massachusetts. He is a former rapper who rapped under the name "Marky Mark," and he was part of a band called Marky Mark and the Funky Bunch, prior to getting out of the music business altogether. Wahlberg is currently a very well known and successful entrepreneur and actor.

Wahlberg's hard work over the years has enabled him to earn a very hefty salary, and Mark Wahlberg net worth is currently $400 million. Here is an overview of exactly how Mark got started and how he has attained his wealth, which has enabled him to have a net worth of nearly half a billion dollars.

Mark Wahlberg's Early Years

Wahlberg had a rough early life, and his parents divorced when he was 11 years old. He spent equal amounts of time with each parent, however, so he was close to both his mother and father. Wahlberg, who has eight siblings, became addicted to cocaine and other drugs at the age of 13. This prevented him from finishing high school, and he subsequently dropped out and didn't receive his diploma until he was 42.

Legal Issues as a Result of Drug Abuse

Starting at the age of 15, Wahlberg committed various acts of violence against those of other races. He has yelled racial slurs, thrown rocks at Black children, and even physically assaulted those of other races, with no provocation. He fractured the jaw of one man, and hit another in the head, knocking him unconscious, all because they were of other nationalities.

Mark spent time in jail as a result of his actions, and he stated that he performed those acts because he was addicted to the drug PCP at the time. However, some of his victims failed to accept that as an excuse for his inexcusable behavior.

The Start of Wahlberg's Music Career

At the young age of 13, Mark Wahlberg became part of a popular boy-band in the early to mid 1980s, The New Kids on the Block, but he left after only a few months. His brother, Donnie, who was also a member, remained in the band, along with the other members.

In 1990, Wahlberg formed his own band, Marky Mark and the Funky Bunch, and released some songs that were certified platinum. One of the band's most memorable platinum singles was Good VibrationsGood Vibrations also made it to # 10 on the Billboard Hot 100.

Wahlberg's Acting Career

In 1993, Wahlberg decided to drop the "Marky Mark" name and become an actor. He first appeared in The Substitute that same year, and the next year, he acted in Renaissance Man, alongside Danny Devito. This was the start of a very successful acting career for Wahlberg. Wahlberg continues to act in prominent roles, and he is paid as much as $17 million per role, not including bonuses and extras.

Some of Wahlberg's Most Notable Films

While Wahlberg has acted in many films, some of his most notable are Lone SurvivorPatriot's DayBoogie Nights, Shooter, The Perfect Storm, Rock Star, The Italian Job, The Departed, The Other Guys, Ted, as well as multiple Transformers movies. He also dabbled in producing television shows, including, EntourageBoardwalk Empire and Wahlburgers.

Mark Wahlberg's Advertising Career

Due to Wahlberg's buff and muscular physique, he has been asked to appear in many ads. One of his most lucrative ads during his early days was when he appeared in several Calvin Klein television commercials, where he helped to promote their underwear.

Mark Wahlberg also produced his own exercise video, The Marky Mark Workout: Form...Focus...Fitness, in the 90's, before he dropped the "Marky Mark" name. Wahlberg also appeared in his underwear for Vanity Fair, as part of a promotion.

In 2012, Wahlberg became brand ambassador for Marked, a line of sports nutrition supplements by GNC.

In March 2017, Wahlberg became a spokesperson for AT&T, and he agreed to create original content for the mobile phone company. He earned more than $10 million for this gig.

Wahlberg's Investments

Wahlberg has made many investments that have helped to significantly increase his net worth. First of all, he has invested in real estate. He and his wife purchased several properties, made various upgrades, and then sold the homes (mansions) for a profit.

In addition, Wahlberg, along with his business partners, purchased a Chevrolet dealership in Ohio. In fact, after purchasing the first dealership, he and his partners ended up purchasing additional Chevy dealerships, for a total of five. Four of these dealerships are located in Columbus,Ohio, while the fifth is located in Avon. Avon is located just outside the Cleveland, Ohio area.

Wahlberg also invests in Flecha Azul, a brand of tequila, a bottled water brand called Aquahydrate, as well as the Barbados Trident Cricket team.

Mark Wahlberg has always been into fitness, as he ensures he stays in the absolute best shape possible. This is what prompted him to invest in his own gym, to enable others to attain great health, as well. The gym, F45, is a publicly-traded establishment in which Wahlberg is part owner. The "F" in F45 stands for functional, and there are over 1750 locations in 45 countries.

In 2021, Wahlberg, along with his producing partner/manager Stephen Levinson, launched Ballers Report, an online platform which is a spin-off of the HBO series, Ballers. Ballers Report features articles, videos and podcasts about inspiring businesses, entertainment, and sports.

This isn't an exhaustive list of all of Wahlberg's investments, and he is always getting involved in new ventures, so he could launch something new at any time.

Wahlberg's Personal Life

Wahlberg began dating Rhea Durham, an American model, in 2001, and they married in 2009. The couple share four children, two boys and two girls. Wahlberg and his wife and children live in a huge, extravagant mansion that is located in Beverly Park, just outside Las Vegas, Nevada.

Wahlberg's Family Restaurant Chains

Mark Wahlberg is part owner of the popular hamburger chain, Wahlburgers. Wahlburgers has 50+ locations throughout the United States, Canada, and the UK. Mark and his brothers Paul and Donnie, also opened their newest location in Sydney, New South Wales, Australia. The burger chain has burgers and fries on the menu, in addition to items like "Truffle Tots," "Truffle Fries," and other unique sides. Shakes, floats, salads, and much more, can be enjoyed at Wahlburgers, which earns a pretty impressive profit.

Mark Wahlberg's Charity Work

Wahlberg launched the Mark Wahlberg Youth Foundation in May of 2001, with the intention of raising and dispersing funds to enrichment programs for youth. Wahlberg also makes regular donations to The Good Shepherd Center for Homeless Women and Children.

Mark Wahlberg is still relatively young, and it's expected that he will continue to act, produce, and participate in many different business ventures in the future. As a result, Mark Wahlberg net worth will undoubtedly increase, possibly reaching close to $1 billion some day. He has already proven that he's successful in just about everything that he becomes involved in, so who knows what projects he might take on next?

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Garrett Parker

Written by Garrett Parker

Garrett by trade is a personal finance freelance writer and journalist. With over 10 years experience he's covered businesses, CEOs, and investments. However he does like to take on other topics involving some of his personal interests like automobiles, future technologies, and anything else that could change the world.

Read more posts by Garrett Parker

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