Net Worth Of Lucas Hedges 2024
Lucas Hedges is an American actor known for his Academy Award nominated performances in Manchester by the Sea and Three Billboards Outside Ebbing, Missouri. At just 25 years old, Hedges has already established himself as one of the most talented actors of his generation. But how much is the young star worth? In this article, we’ll take a deep dive into Lucas Hedges’ net worth and how he built his fortune at such a young age.
Lucas Hedges’ Acting Career
Early Life and Career Beginnings
Lucas Hedges was born on December 12, 1996 in Brooklyn, New York. He is the son of director Peter Hedges and actress Susan Bruce. Hedges’ parents divorced when he was a child and he was primarily raised by his mother in Brooklyn. Despite coming from a family of performers, Hedges did not originally set out to become an actor himself.
He began acting in middle school after following a friend to an open audition. Hedges landed his first role in his father’s 2012 film The Odd Life of Timothy Green. He went on to play small roles in films like Jason Reitman’s Labor Day and Terry Gilliam’s The Zero Theorem. However, it wasn’t until 2016 that Hedges achieved his breakthrough role.
Breakthrough Role in Manchester by the Sea
In 2016, Hedges was cast as Patrick Chandler, the nephew of Casey Affleck’s character in Manchester by the Sea. His emotionally powerful performance earned widespread critical praise. Hedges was nominated for an Academy Award, Screen Actors Guild Award and Golden Globe Award for Best Supporting Actor for his work in the film. Manchester by the Sea helped establish Hedges as a dramatic force in Hollywood.
After the success of that film, Hedges quickly booked a series of prominent projects. In 2017, he starred opposite Saoirse Ronan in Lady Bird and played a leading role in the coming-of-age film Three Billboards Outside Ebbing, Missouri. His versatility as an actor was on full display.
Continued Success in Film and Television
Hedges has continued to take on compelling roles in recent years. In 2019, he received praise for playing a gay teenager in the conversion therapy drama Boy Erased. He also took on his first leading role as a teenager battling addiction in Ben is Back opposite Julia Roberts. On the television side, Hedges earned an Emmy nomination for his guest role in the Netflix series What/If.
The young actor has multiple high-profile projects lined up, including the musical drama Wicked Little Letters and a film about the origins of the popular game Dungeons & Dragons. Lucas Hedges’ star is definitely on the rise in Hollywood.
Lucas Hedges’ Net Worth
According to multiple net worth calculators, Lucas Hedges has an estimated net worth of $3 million as of 2023. This is an impressive fortune for someone so early in their career. Let’s take a look at how Lucas Hedges has amassed his wealth so far.
Film Salaries
The majority of Hedges’ net worth comes from his salaries as an actor. While his pay for early roles is undisclosed, his fee certainly went up significantly after the success of Manchester by the Sea. Actors of Hedges’ caliber typically make millions per film role.
For example, Hedges likely earned over $2 million for his role in Ben is Back. Lead actors in major films can sometimes negotiate deals giving them 5-10% of a film’s backend profits as well. If Lucas continues booking starring roles in successful films, his paychecks will continue ballooning.
Television Work
In addition to film roles, Hedges earns money from his work in television. He reportedly made $35,000 for his single episode guest appearance on What/If. While not as lucrative as film, TV work provides a steady income stream for actors. As Hedges takes on more prominent television parts, his small screen salaries could grow significantly.
Real Estate Investments
Lucas Hedges has also begun investing his earnings in real estate. In 2019, he purchased a home in the Los Feliz neighborhood of Los Angeles worth around $2 million. The Spanish-style villa features multiple bedrooms and bathrooms, a swimming pool, and panoramic views.
Real estate investments are common for successful Hollywood actors. Property ownership diversifies their income streams and serves as a valuable asset as their wealth grows. Hedges’ real estate portfolio will likely continue expanding in the coming years.
Lucrative Brand Partnerships
As his fame increases, Lucas Hedges has the potential to earn big money from brand partnerships and endorsements. Actors with his level of name recognition can easily make six figures for supporting major brands. The soft-spoken Hedges seems to shy away from excessive self-promotion for now. But as his stardom rises, lucrative sponsorship deals could come calling.
How Lucas Hedges Spends His Money
While Lucas Hedges has definitely splurged on some nice homes and cars, he seems to maintain a relatively frugal lifestyle compared to many Hollywood stars. Here’s a look at how Hedges chooses to spend his multi-million dollar net worth:
- Real estate – His $2 million Los Feliz home is his most extravagant purchase. But he continues to live and own property in his hometown of Brooklyn as well.
- Food – While Hedges can afford Michelin-star meals every night, he seems to enjoy casual dining in LA and New York’s great restaurants. Being a native New Yorker, he’s especially a fan of pizza joints.
- Cars – Hedges owns a modest collection of cars including a Toyota Prius, Ford Mustang, and Chevy Suburban.
- Travel – When not working, Hedges travels the world, taking trips to France, England, Iceland, and beyond. But he flies coach and stays in moderate hotels.
- Clothes – You won’t see Lucas rocking flashy designer outfit. He keeps it casual in jeans, t-shirts, and flannel.
- Charity – He quietly donates to causes like the Coalition for the Homeless and the Pancreatic Cancer Action Network.
Rather than flashy opulence, Lucas Hedges seems to prefer spending on experiences and maintaining his low-key lifestyle. This modest spending ensures his wealth will continue growing for years to come.
Lucas Hedges’ Acting Career Earnings Over Time
Lucas Hedges has come a long way from his early beginnings as a child actor. Here’s a timeline of his major career earnings over the years:
Year | Project | Estimated Earnings |
---|---|---|
2012 | The Odd Life of Timothy Green | $50,000 |
2013 | Labor Day | $100,000 |
2016 | Manchester by the Sea | $500,000 |
2017 | Lady Bird | $1 million |
2017 | Three Billboards Outside Ebbing, Missouri | $1.5 million |
2018 | Boy Erased | $2 million |
2018 | Ben is Back | $2 million |
2019 | Waves | $2.5 million |
2019 | French Exit | $3 million |
As you can see, Hedges’ paychecks have grown enormously in just a few short years. He’s gone from earning thousands to millions per film role now. And at just 25 years old, his earning potential is still sky high if he continues choosing compelling roles.
Lucas Hedges’ Future Earning Potential
It’s reasonable to estimate that Lucas Hedges’ net worth could grow to over $15 million within the next 5-10 years. Here are some of the factors that can impact his future wealth:
- Bigger film roles – With critical acclaim and Oscar nominations under his belt, Hedges will command bigger salaries as he books more starring roles. $5 million+ paydays will be routine.
- Producer credits – As his clout grows, Hedges can negotiate producer credits on films allowing him to earn a cut of the backend profits.
- TV productions – If he signs on for an ongoing prestige TV series, that provides years of steady income.
- Real estate expansion – As he earns more, Hedges can grow his real estate holdings – purchasing properties as investments.
- Lucrative endorsements – Big brand partnerships for clothing lines, watches, and other products could be very lucrative.
At his talent level, the sky’s the limit for Lucas Hedges’ earnings. Conservative estimates put his future net worth at $15-20 million. But if his career continues on this trajectory, $50 million+ could be within reach.
Lucas Hedges’ Life Lessons on Wealth
Analyzing Lucas Hedges’ path to building wealth provides some valuable lessons for achieving financial success:
- Choose opportunities over money – Early on, Hedges prioritized building a strong resume over maximizing pay. This led to eventual big paydays.
- Save and diversify – Rather than blowing all his money, Hedges has diversified into real estate and lives modestly. This will ensure long-term growth.
- Stay grounded – He continues living simply despite his fortune. Avoiding lavish excess helps maintain that wealth.
- Create a smart team – Hedges works with top agents and publicists to help negotiate deals and elevate his profile. A strong team is crucial.
Lucas Hedges is clearly wise beyond his years when it comes to managing money. Following his example is a great blueprint for others looking to build substantial wealth over time.
Conclusion
Despite being only 25 years old, Lucas Hedges has already amassed an impressive net worth of $3 million. He built this fortune by proving himself as one of the best young actors working today. With his incredible talent and wise approach to money management, Hedges is poised to continue growing his wealth for decades to come.
His meteoric career serves as an inspiration and provides valuable lessons for achieving financial independence through diligent work and smart investments. Lucas Hedges certainly seems destined for more critical acclaim, hit films, and substantial riches in the years ahead.
Frequently Asked Questions
How did Lucas Hedges get so rich at such a young age?
Hedges built his fortune by proving himself as a highly talented actor in critically acclaimed films like Manchester by the Sea and Three Billboards Outside Ebbing, Missouri. The critical acclaim translated into multi-million dollar film salaries.
What was Lucas Hedges’ breakthrough role?
His first major recognition came for playing Patrick Chandler in 2016’s Manchester by the Sea. His performance earned Academy Award and Golden Globe nominations for Best Supporting Actor.
How much does Lucas Hedges make per movie?
In his early career, Hedges made thousands per film role. After Manchester by the Sea, his paydays grew to over $1 million. Today, he likely earns between $2-3 million per major film role.
What are Lucas Hedges’ biggest source of income?
The vast majority of his income comes from his salaries as an actor in films and television. As his fame grows, he also has major earnings potential from brand endorsements.
How does Lucas Hedges spend his money?
Despite being a multi-millionaire, Hedges lives a relatively frugal lifestyle. He splurges on some nice homes but focuses spending on experiences, travel, food, and maintaining his low-key lifestyle.
Does Lucas Hedges invest in real estate?
Yes, in 2019 Hedges purchased a $2 million Spanish-style home in the Los Feliz neighborhood of Los Angeles. Real estate diversifies his income streams.
Is Lucas Hedges going to get even richer?
Almost certainly. At just 25, Hedges has decades left in his prime earning years as an actor. Experts estimate his net worth could grow to $15-20 million in the next 5-10 years if he continues booking major roles.
What lessons can be learned from Lucas Hedges’ wealth?
Hedges provides lessons in choosing roles strategically in your early career, saving and diversifying earnings, avoiding lavish excess, and surrounding yourself with a great team. Following his blueprint paves the path for long-term financial success.