How Tom Selleck Achieved a Net Worth of $45 Million

American actor Tom Selleck is known for his role as “Magnum PI” in the popular private detective series that took place in a tropical Hawaiian paradise. This is just one of the many successful and lucrative roles that he has landed throughout his long career. He has earned a net worth of $45 million, but how did he amass this size of fortune? Was it through his acting career or by some other means? We looked into in and here is what we learned.

Net Worth$45 Million
NameThomas William Selleck
Age75
BornDetroit, Michigan
Birth DateJanuary 29, 1945
Source of WealthAmerican Actor and Film Producer
CountryUnited States

Tom Selleck’s early years

Selleck was born in 1945 in Detroit Michigan. While still a youth, he moved to Los Angeles with his family. His father was an executive as well as a real estate investor. Selleck was raised with a sister and two brothers. He attended Grant High School. He graduated in 1962. He went on to attend the University of Southern California where he was a player on their basketball team and majored in Business Administration. He had earned a basketball scholarship. His first inspiration for acting came from a drama coach at the college who suggested his consider acting and give it a try. It’s something that he tried and it stuck. Selleck attended the Beverly Hills Playhouse where he studied acting and he also modeled some while he was in college.

His career

Selleck landed the role that gave him a big break in his acting career in the 1980s series “Magnum PI.” He was offered the lead role in the CBS drama “Blue Bloods” in 1985. He did both until the Magnum series wound down as a natural progression to its end. When Blue Bloods first began, Selleck was paid a handsome salary of $200,000 per episode. He also earned $500,000 per episode from his role as Magnum when the show was at its apex. Translated for inflation, that would be $1.2 million per episode today.

More than an actor

Tom was and is a successful actor, but this wasn’t the only role that he played in the entertainment industry. He also became involved as a film producer. He’s a multifaceted professional who is good at what he does. He also starred in a variety of Louis L’amour cowboy films in “The Sacketts” series with Sam Elliot and Kathrine Ross” as well as “Quigley Down Under” and others.

His personal life

Tom is an outdoorsy kind of guy and he is the owner of an avocado farm. He enjoys working on his farm because this is one of the ways that he gets his exercise. He’s also a big sports fan. Tome was once a small percentage owner in the Detroit Tigers team. He’s also an avid NRA supporter and is their spokesperson as well as a member of their Board of Directors. He also serves as an endorser for the Vietnam Veterans Memorial Fund. He’s made several donations of firearms to the National Rifle Associations for their museum exhibits.

He was married to model Jacqueline Ray in 1970 and the couple remained wed for 12 years before divorcing in 1982. He married his current wife Jillie Mack in 1987. The couple have one daughter together and her name is Hannah. She has earned recognition as a champion equestrian competitor.

How did Tom Selleck achieve his tremendous net worth?

Tom Selleck has earned the bulk of his current net wealth from his career as an actor, a film producer, a television producer and as a screenwriter. His impressive career spans more than three decades and he hasn’t hung his hat on the hook yet. Now in his early 70s, he’s still active and working. Selleck has built an incredible career and he’s not only amassed a fortune from doing what he loves and what he excels at, he’s also built a large following of fans. While his most memorable role from the 1980s was as Thomas Magnum, his star burned just as brightly in “Blue Bloods. He’s also gained recognition in his roles as the quintessential cowboy from the old west era. He’s touched our lives and our hearts with his classic good looks and his easy going nature as a character actor. His versatility and easy style are just a few of the attributes which make us all love Tom Selleck.

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