Net Worth Of Bailee Madison 2024
Bailee Madison is an American actress who started her career as a child artist. Some of her most notable acting credits over the years have included films such as Brothers, Don’t Be Afraid of the Dark, Just Go With It, Parental Guidance, and TV shows like Wizards of Waverly Place, The Fosters, Good Witch, etc.
Early Life and Background
Bailee was born in Fort Lauderdale, Florida in 1999. She developed a passion for acting at a young age and started taking acting classes when she was only 2 years old. By age 5, she started appearing in commercials and small print ads.
Her first breakout role came in 2006 at age 7 when she starred opposite Alex O’Loughlin and Jennifer Morrison in the drama film Bridge to Terabithia.
Milestones
- First film role in Lonely Hearts (2006) at age 6
- Breakout role in Bridge to Terabithia (2007) at age 7
- Major role in Brothers (2009) opposite Tobey Maguire at age 10
- Lead role in Don’t Be Afraid of the Dark (2010) at age 11
- Transitioned to TV with roles in Wizards of Waverly Place and The Fosters
- Recently played the lead in Hallmark’s Good Witch TV movies
Over the past 15+ years, Madison has thrived as a sought-after young actress in Hollywood. Her net worth stands as proof of her successful career over the years.
What is Bailee Madison’s Net Worth?
According to multiple net worth calculators and websites, Bailee Madison’s current net worth is estimated to be around $6 million as of 2023.
The following table outlines the key details about her net worth over the years:
Year | Net Worth Estimate |
---|---|
2023 | $6 million |
2022 | $5.5 million |
2021 | $5 million |
2020 | $4.5 million |
2019 | $4 million |
2018 | $3.5 million |
2017 | $3 million |
As evidenced by the table, Madison’s net worth has steadily climbed over the past several years driven primarily by her acting income.
What are Bailee Madison’s Primary Sources of Income?
There are three main sources contributing to Bailee Madison’s high and growing net worth:
Movie Salaries
Having starred in over 30 movies to date, film salaries account for a significant portion of Madison’s earnings. As a well-established actress, she likely charges an average of at least $300,000 to $500,000 per movie role based on industry averages.
Her largest movie paychecks have likely come from high-budget films like Parental Guidance (with Billy Crystal & Bette Midler) as well as Just Go With It and Don’t Be Afraid.
TV Show Income
In addition to movies, Bailee has starred in multiple popular TV shows in recent years spanning Disney Channel (Wizards of Waverly Place), ABC Family (The Fosters), and Hallmark (Good Witch).
TV stars of her caliber can easily make $50,000 to $100,000 per episode, especially on widely viewed cable/streaming shows. Over multiple seasons, this contributes significantly to her wealth.
Brand Endorsements & Sponsorships
Madison also supplements her income via occasional brand sponsorships and endorsements. She has previously endorsed brands like rue21, Kohls, and Aquafina water.
While endorsement income likely makes up a smaller portion versus acting paychecks, brand deals can still pay actresses over $50,000 per individual campaign. Over time these smaller deals add up.
Future Outlook for Net Worth
At only age 24 currently, Bailee Madison still likely has her biggest paydays ahead as her career continues gaining momentum. Similar to other successful young actresses such as Jennifer Lawrence, Emma Stone, etc – Madison’s net worth should continue rising rapidly in the next 5-10 years assuming she keeps up her current success rate booking major movie and TV roles.
What Factors May Influence Her Net Worth Going Forward?
A few key factors that can play an important role in determining Bailee’s future net worth projections include:
Maintaining Relevance as She Ages
A risk all child actors face is fading relevance as they enter adulthood. Madison has showcased maturity and versatility thus far, paving an easier path to adult roles. But maintaining demand as she gets older will be imperative to further wealth creation.
Movie Box Office Performance
While acting paychecks form a large chunk of income, box office bonuses also play their part. If Madison lands roles in more films that achieve commercial success, this will directly impact her future compensation and net worth upside.
Foray into Streaming Shows & Productions
In the modern era, streaming domination is a top priority for Hollywood stars from a compensation standpoint. If Madison can leverage her fame into headline roles with digital platforms like Netflix, Amazon Prime – in addition to expanding into production work – this offers new high-income potential.
Conclusion
In summary, Bailee Madison has built extraordinary wealth thus far in her career with total net worth estimated around $6 million. Having first appeared on screens at age 6, she has essentially spent her whole life building fame and money-earning power in Hollywood.
Still not even 25 years old yet, it’s conceivable for Madison to reach over $15 million+ in total net worth while only in her 30’s assuming she maintains her in-demand status for major film and television projects.
As streaming originals continue dominating public attention, it only expands the number of lucrative opportunities out there for proven young stars like Bailee. Look for her wealth and stardom ceiling to keep rising dramatically as she elevates from child star into leading adult actress across all platforms.
The combination of high lifetime earnings already plus strong future upside makes Madison’s current estimated $6 million net worth figure quite reasonable and on track to multiply over time.
Frequently Asked Questions
Has Bailee Madison won any major awards?
Some of the most notable awards and nominations Madison has received so far include:
- 2009 Young Artist Award nomination for Brothers
- 2011 Young Artist Award nomination for Don’t Be Afraid of the Dark
- 2012 Young Artist Award nomination for Parental Guidance
- 2016 Daytime Emmy nomination for Outstanding Younger Actress in a Drama Series (The Fosters)
While she has received several nominations, Madison has yet to win a major mainstream award thus far in her career. Still in the early stages though, she has ample time to rack up future awards and accolades.
What was Bailee’s breakthrough role as a child actress?
Most film observers point towards 2007’s Bridge to Terabithia as Madison’s true breakout role that put her firmly on the map as a highly coveted young actress in Hollywood. Her emotional performance in the fantasy drama earned widespread critical praise and got her significant notice.
What was Bailee Madison’s first acting role?
Madison’s very first on-screen role came at age 6 in 2006 when she played a younger version of Vera Farmiga’s character in the movie Lonely Hearts. Although only minor supporting appearance, it marked the launch of what would become a hugely successful acting career even from a very young age.
Has Bailee Madison dated anyone seriously?
As a private person, Madison has not spoken publicly about any serious relationships or dating history. The majority of entertainment sites report that she is currently single. The actress is completely focused for the time being on climbing up the Hollywood ladder versus romantic involvements.
How much money does Madison earn from Instagram?
With over 5 million Instagram followers as of 2023, Madison likely earns an estimated $10,000 to $15,000 per sponsored post she runs on her feed according to influencer industry rates. Even with occasional IG promotions, this contributes reasonable earning power per year and should only keep growing.