Net Worth of Andy Garcia 2024
Andy Garcia is an American actor and director who has appeared in numerous popular films since the 1980s. Some of his most acclaimed and highest-grossing movies include The Godfather Part III, Ocean’s Eleven, Ocean’s Twelve, Ocean’s Thirteen, and Mamma Mia! Here We Go Again.
Garcia has received Academy Award and Emmy Award nominations for his acting over the years. In addition to acting, he has also directed films such as City Island and The Lost City. Garcia owns the production company CineSon Productions.
Early Life and Education
Andy Garcia was born Andrés Arturo García Menéndez on April 12, 1956 in Havana, Cuba. His family moved to Miami, Florida in 1961 when he was 5 years old after the failed Bay of Pigs Invasion. Garcia was raised in Miami and attended Miami Beach Senior High School, where he played on the basketball team.
After graduating high school in 1974, Garcia attended Florida International University. He graduated in 1978 with a degree in acting and film.
Breakout Role in The Untouchables
Garcia got his big break when he was cast as gangster George Stone in the 1987 film The Untouchables starring Kevin Costner. While it was a small role, Garcia’s performance opened the doors for bigger parts.
The next year he starred alongside Mickey Rourke in the crime drama City Heat. He began gaining wider recognition, including a 1989 Emmy Award nomination for his performance in the TV movie Murderers Among Us: The Simon Wiesenthal Story.
Andy Garcia’s Net Worth
Over his near 40 year career and with over 60 acting credits, Andy Garcia has amassed an impressive net worth.
As of 2023, Andy Garcia’s net worth is estimated to be $30 million.
The majority of Garcia’s wealth has come from his salaries and backend points for starring in hugely successful films. He reportedly earned $5.5 million for his role in Ocean’s Eleven and likely similar amounts for the sequels.
In addition to acting, Garcia earns money through his production company CineSon Productions which has produced films like City Island. He co-owns the upscale cafe and music venue Cafe Habana Malibu in California which adds to his income.
Garcia also owns a mega-mansion in the Toluca Lake neighborhood of Los Angeles worth over $5 million. Other assets and luxury items account for part of his $30 million net worth as well.
Career Earnings Highlights
Here is a brief overview of some of Andy Garcia’s biggest movies and what he likely earned for them:
- The Untouchables (1987) – Est. $50,000+
- Black Rain (1989) – Est. $1 million+
- The Godfather Part III (1990) – Est. $5 million+
- Ocean’s Eleven (2001) – Est $5.5 million
- Ocean’s Twelve (2004) – Est. $7 million
- Ocean’s Thirteen (2007) – Est. $7 million+
- Mamma Mia: Here We Go Again (2018) – Est. $3 million+
According to reports, Garcia also earned backend points on the profits of Godfather III worth over $10 million after box office numbers were accounted for.
Between big salaries for hit films and backend points over his long career, Andy Garcia has been able to build his current $30 million personal fortune. And he continues acting in both films and TV series, which allows him to continually add to that growing fortune.
Table 1. Andy Garcia Movie Earnings Over the Years
| Movie | Estimated Earnings |
|---|---|
| The Untouchables | $50,000+ |
| Black Rain | $1 million+ |
| The Godfather Part III | $5 million+ |
| Ocean’s Eleven | $5.5 million |
| Ocean’s Twelve | $7 million |
| Ocean’s Thirteen | $7 million+ |
| Mamma Mia 2! | $3 million+ |
Andy Garcia’s Other Endeavors
In addition to a highly successful acting career spanning nearly 40 years, Andy Garcia has earned money from other entrepreneurial pursuits over the years as well.
CineSon Productions
In 1991, Garcia founded his own independent film production company called CineSon Productions. The company has produced films like:
- The Man from Elysian Fields (2001)
- Uncertainty (2009)
- City Island (2009)
- At Middleton (2013)
As owner of his own production house, Garcia has likely earned a respectable sum over the years even if the films themselves weren’t all major commercial hits.
Café Habana Malibu
Andy Garcia co-founded the hip Cuban café called Café Habana Malibu which opened in California in 2015. The café serves Cuban-style grilled sandwiches, coffee, and more in an upscale beachfront setting with live music.
As co-founder and co-owner, Garcia benefits financially from what has become a very popular local hotspot and addition to his business income.
Real Estate Investments
Andy Garcia owns a 7,977 square foot mansion he purchased in 1990 located in Toluca Lake, Los Angeles worth over $5 million today. The Spanish-style luxury estate features 6 bedrooms and 8 bathrooms.
Given rising Los Angeles real estate valuations since he bought it, the property has likely significantly appreciated from what he originally paid for it in the 1990s as well.
Andy Garcia’s Philanthropy and Lifestyle
While best known as an actor, Andy Garcia also dedicates time and money to various philanthropic causes he cares about. And when not working, he lives a lavish lifestyle supported by his estimated $30 million fortune.
Charity and Causes
Garcia often participates in golf tournaments and charity events that raise money for causes like the Make-A-Wish Foundation to help critically ill children and St. Jude for pediatric care.
He serves on the National Advisory Board for the Hispanic Scholarship Fund which provides college students grants and scholarships.
In early 2023, Garcia also hosted a fundraiser at his Los Angeles home for earthquake victims in Turkey and Syria which raised $700,000 donated to relief efforts.
Houses
In addition his 7,900+ square foot, multi-million-dollar Los Angeles estate, Andy Garcia also owned property in the Dominican Republic he recently sold for $830,000.
He previously owned a home in the Florida Keys he sold back in 2020 for $1.9 million as well.
Cars & Other Assets
While Garcia has managed to amass nearly $30 million in his career, he doesn’t flaunt flashy cars or other expensive “toys” too often.
He’s been seen occasionally driving higher end vehicles like a Maserati Quattroporte, Mercedes-Benz sedans, and Cadillac Escalade SUVs.
Other assets he likely owns or has owned over the years include boats/yachts, jewelry, art, antiques, wine collection, and other luxury goods. But he tends to keep a lower profile lifestyle outside of acting and charity work.
How Andy Garcia Achieved a $30 Million Net Worth
In summary, here is an overview of how Andy Garcia has managed to reach an estimated $30 million net worth
Conclusion
Andy Garcia has managed to achieve impressive financial success during his long-spanning, award-winning acting career that now spans nearly 40 years and counting.
With his family fleeing Cuba when he was just 5 years old in 1961, Garcia overcame early challenges to make it first through school in Miami and then graduating college with a degree in acting and film.
His breakout performance came in the 1987 hit film The Untouchables alongside Kevin Costner. While starting off small, it opened the doors to bigger roles in films like Black Rain, The Godfather Part III, and the Ocean’s trilogy that would make Garcia a household name.
He also diversified his career by founding his own independent film production company, CineSon Productions, in 1991 that has produced various small films over the decades as well.
Garcia further leveraged his stardom to launch the restaurant Café Habana Malibu that earned him business income on top of his lucrative acting career.
With six- and seven-figure salaries from blockbuster movies, plus backend points and profits from side ventures, Garcia steadily built his wealth year after year.
He invested in prime real estate as well like his multi-million Los Angeles mansion that has significantly grown in value since he bought it in 1990.
Garcia also makes sure to give back, participating in numerous charity events and fundraisers for causes he cares about. He serves on scholarship boards looking to help Latino youths achieve a college education.
Currently in his late 60s yet still taking on select acting roles, Garcia sits with an estimated net worth of $30 million that he earned through decades of work in the film industry as both an actor and producer.
With a comfortable fortune now built, the work seems mostly for passion at this point. Though with business interests like his production company and restaurant ownership, his wealth should continue slowly growing in the years ahead as he heads towards eventual retirement from acting.
Yet for now fans can still catch him on the big and small screen, just as they have from the 1980s right up to recent roles in the last few years.
And that strong career, diversified income streams, lucrative filmography, and growing ventures outside acting are how Cuban-American legend Andy Garcia has managed to achieve an impressive estimated $30 million net worth few in Hollywood can match.
Frequently Asked Questions
How much is Andy Garcia worth?
As of 2023, multiple reliable wealth outlets estimate Andy Garcia’s net worth to be approximately $30 million dollars. The majority of his wealth has come from lucrative salaries and backend points earned from starring in hit films over his nearly 40 year career.
What was Andy Garcia’s biggest/highest-grossing movie?
Andy Garcia’s highest grossing films as an actor are the Ocean’s trilogy of movies – Ocean’s Eleven, Twelve, and Thirteen. The three films combined grossed over $1.1 billion at the worldwide box office between 2001-2007 which were hugely successful.
How much money did Andy Garcia make from Ocean’s Eleven?
It’s estimated that Andy Garcia earned around $5.5 million for the first Ocean’s Eleven film through his acting salary and other backend profits/points from the movie. He likely earned equal or more amounts for the two sequels as well.
How did Andy Garcia earn his fortune?
The vast majority (80-90%+) of Andy Garcia’s $30 million net worth has come directly from acting – primarily the big salaries he commanded at the peak of career. Additional income sources come from producing films, his restaurant ownership, real estate investments, and other business ventures.
Is Andy Garcia a billionaire?
No, as of 2023 Andy Garcia is not a billionaire. His current estimated net worth is $30 million – the majority accumulated from his salaries acting in films during a long career spanning nearly 40 years. So while very wealthy, his fortune does not rise to billionaire status.
