Net Worth of Matt Damon 2024
Matt Damon is an acclaimed American actor, screenwriter and film producer known for his roles in films such as Good Will Hunting, The Departed, and The Martian. Damon has had an over 30-year career in the entertainment industry and has established himself as one of Hollywood’s most prominent leading men.
Over the course of his decorated career spanning over 80 acting credits, Damon has garnered various accolades including an Academy Award, two Golden Globe Awards and has been featured in the Forbes Celebrity 100 list multiple times for his earnings.
So what is Matt Damon’s net worth? Let’s analyze his career earnings over the years and get an idea of his current net worth.
What Is Matt Damon’s Net Worth?
According to multiple net worth calculators and celebrity wealth tracking websites, Matt Damon’s net worth is estimated to be roughly $170 million.
Year | Net Worth |
---|---|
2022 | $170 million |
The majority of Damon’s multimillion-dollar net worth can be attributed to his lucrative acting, screenwriting and film production career over the past 30+ years. Some of his most commercially successful feature films have grossed over $1 billion at the worldwide box office.
Damon earned $350 million just from his acting and film fees over his career spanning 90 movie and film credits so far. His highest film acting pay checks have come from high grossing blockbuster franchises such as Bourne ($85 million total), Ocean’s Eleven ($41 million) and The Martian ($25 million salary).
In addition to acting, Damon’s screenwriting success with Good Will Hunting also earned him a healthy $600,000 fee. His screenwriting, directing and acting fee from his 2019 film Ford v Ferrari also raked in $8 million.
Forbes estimated Damon earned around $55 million in total between June 2016 and June 2017, and about $31 million between June 2017 and June 2018. Between June 2019 and June 2020, Damon earned an estimated $27 million putting him on Forbes’ 2020 Celebrity 100 at #78.
Outside of film and TV, Damon has earned millions from lucrative endorsement deals with brands like Nespresso and TD Ameritrade. He has also invested in tech startups over the years building his net worth.
Damon’s substantial real estate portfolio consisting of high value homes across the U.S. also makes up a significant portion of his current net worth valuation.
How Much Does Matt Damon Make Per Movie?
According to a Variety salary report, A-list movie stars like Matt Damon can command an acting fee anywhere between $10 to $20 million upfront in addition to several other salary and profit participation bonuses from global box office earnings.
Some of Damon’s highest per movie acting salaries have been:
Movie | Matt Damon Salary |
The Martian | $25 million |
The Great Wall | $18 million |
The Rainmaker | $12.5 million |
For big budget ensemble casts, Damon’s upfront acting fee tends to be lower but his backend profits from global box office gross points is much higher compared to starring solo roles.
How Much Did Matt Damon Make for Good Will Hunting?
In 1997, Matt Damon earned his breakthrough role starring in and writing the script for the drama film Good Will Hunting alongside Ben Affleck. Damon took home the Academy Award and Golden Globe for Best Original Screenplay.
Damon earned $600,000 for co-writing Good Will Hunting which cost only $10 million to produce but earned over $225 million at the global box office.
The runaway success generated by the film proved to be very lucrative for Damon’s acting career allowing him to quickly command seven figures for his movie roles going forward. In 1998, Damon earned $2 million for Rounders and in 2000 pocketed $11 million starring in The Legend of Bagger Vance.
How Much Money Does Matt Damon Make From Jason Bourne?
Matt Damon portrayal of amnesiac CIA assassin Jason Bourne over 3 sequels in the blockbuster action franchise is one of his most commercially successful and widely recognized characters grossing over $1 billion globally.
According to reports, Damon earned $85 million total for all 3 Jason Bourne sequels with his largest payday coming from 2007’s The Bourne Ultimatum which grossed $440 million worldwide:
- The Bourne Identity (2002) – $10 million
- The Bourne Supremacy (2004) – $20 million
- The Bourne Ultimatum (2007) – $20 million + backend points
In 2016, Damon was reportedly offered $55 million by Universal Pictures to return for a 4th film but turned it down following which Jeremy Renner was cast instead.
What Houses Does Matt Damon Own?
A significant portion of Matt Damon’s $170 million net worth comes from his impressive luxury residential real estate portfolio featuring gorgeous homes situated across the U.S.
Some of Damon’s most valuable owned properties according to reports are:
Location | Value |
Pacific Palisades Mansion, California | $15 million |
Brooklyn Heights Townhouse, New York | $16.8 million |
Malibu Beach House | $9.3 million |
West Hollywood Condo | $7.1 million |
Notably in 2021, Damon and his wife paid $16.8 million for a stunning Brooklyn Heights penthouse occupying an entire floor of a historic building once owned by Brooklyn Bridge designer John Roebling.
Prior to that he owned a massive Pacific Palisades home in LA for over a decade he purchased in 2005 for $10 million before selling it in 2021 for $15 million.
What Cars Does Matt Damon Own?
While cars don’t make up a significant portion of Damon’s net worth, the actor does have an impressive luxury garage with several high end vehicles at his disposal.
Some of the car brands reportedly owned by Matt Damon are:
- Tesla Model S: Matt Damon leased a Tesla Model S worth $130,000+ to reduce his carbon footprint from gas guzzling luxury cars.
- Audi R8: Matt Damon has been spotted driving around a black Audi R8 V10 model reportedly worth around $170,000.
- Toyota Prius: For his more eco-friendly commute trips, Damon owns a humble Toyota Prius valued under $30,000.
- Fiat 500: Damon reportedly owns an orange Fiat 500 valued under $20,000.
How Much Money Has Matt Damon Given To Charity?
A dedicated philanthropist, Damon is also known for his various charitable endeavors human rights, poverty and clean water initiatives through his non-profit organization Water.org which he co-founded.
Notable highlights of Damon’s charity work are:
- In 2015, Damon launched a crowdfunding initiative with Water.org to raise $25 million for providing clean water access to 250,000 people globally.
- Damon supports various charities working on poverty elevation, refugees, pediatric health and education through his website Greater Than AIDS.
- He participated in a charity auction benefitting the ONE Campaign which provides medical emergency relief.
Over the years, Damon has reportedly donated millions to various global social causes ranging from the aid of Syrian refugees, disaster recovery and COVID-19 relief efforts through his philanthropic campaigns and non-profit foundation.
What Businesses Does Matt Damon Own?
Apart from acting and producing being his primary source of income, Damon has also invested his millions over the years into several promising startups and businesses.
Some of the notable companies Matt Damon has ownership stakes in are:
- Water.org: Co-founded charity organization providing clean water and sanitation access to disadvantaged regions.
- Pony Express Records: Launched independent record label along with Ben Affleck and Sean Bailey
- Avalon Hotel Group: Has an ownership stake in this boutique hotel group managing properties in Beverly Hills and New York.
Additionally, Damon was one of the first backers of technology startup Metafy which provides career services coached by professionals remotely. He’s also invested in fintech app Acorns Grow and online recipe startup Copper Branch.
What is Matt Damon’s Typical Day Like?
Between acting, writing, directing and producing duties, running his Water.org foundation and managing personal investments – what does a typical day for the business side of Matt Damon look like?
Here’s an overview of how Damon balances various aspects of his schedule managing his entertainment career, business ventures and passion projects during a typical day:
- Waking up early around 6 AM to drop kids off at school before hitting gym for a workout.
- Quick breakfast catch up with family before diving into a packed work day.
- Reviewing scripts, treatments, production schedules related to various film projects in development through his production company Pearl Street Films.
- Taking meetings with studio executives on projects in various stages of pre to post production, promotion schedules.
- Communicating with Water.org leadership team, sponsors, partners and supporters for latest NGO projects and fundraising campaigns.
- Flying overseas frequently for several weeks when shooting on location for various films in production.
- Occasional pencil in creativity time to brainstorm original screenplay ideas or review startup investment decks.
- Making time for school plays, football games or other family activities in between his jam packed schedule.
- Preparing for upcoming talk show appearances, interviews or speeches at premieres and industry events.
So while a glamorous Hollywood lifestyle depicted in movies, Matt Damon’s daily reality tends to be more similar to running a Fortune 500 CEO – crammed with back to back work commitments, business decisions and trying to be involved in family life simultaneously.
How Many Awards Has Matt Damon Won?
In a decorated career spanning over 3 decades, prolific actor and filmmaker Matt Damon has taken home several top honors in film and entertainment world including:
Academy Awards
- Best Writing, Screenplay Written Directly for the Screen (Good Will Hunting) – 1998
Golden Globe Awards:
- Best Screenplay – Motion Picture (Good Will Hunting) – 1998
- Best Performance by an Actor in a Motion Picture, Musical or Comedy (The Martian) – 2016
Emmy Awards
- Outstanding Guest Actor In A Comedy Series (Saturday Night Live) – 2019
American Cinematheque Award
- American Cinematheque Award – 2010
Critics Choice Movie Awards
- Best Acting Ensemble (Contagion) – 2012
Damon has also won awards at various film festivals and award ceremonies such as Berlin Film Festival, Blockbuster Entertainment Awards, Empire Awards, Goldene Kamera Awards, Hollywood Film Festival Awards, National Board of Review Awards, Satellite Awards, Screen Actors Guild Awards and more over the years.
How Did Matt Damon Get Discovered?
Matt Damon was first discovered by casting director Janet Hirshenson in 1988 while a student at Harvard when she was impressed by a cameo performance and cast him in his first film role in Mystic Pizza.
However, Damon first caught the acting bug after auditioning for State Theater’s production of Who’s Afraid of Virginia Woolf? His astonishing performance playing Nick landed him the part out of 300 candidates.
Damon found his breakthrough playing opiate addicted Gulf War veteran in 1996’s Courage Under Fire. But it was his starring turn writing & acting in critical hit Good Will Hunting grossing $225M worldwide on a $10M budget that cemented his star power in Hollywood.
How Much Did Matt Damon Get Paid for His First Movie?
In 1988, Matt Damon made his professional acting debut starring in a bit role in the film Mystic Pizza.
While Damon’s exact salary for his first on-screen acting gig is unknown, comparable rates for a single film scene shoot during that period would likely not amount to more than a few thousand dollars.
However, landing work during the early stage of his entertainment career served as a vital stepping stone that paved way for bigger paydays down the road as Damon’s fame grew into one of Hollywood’s highest earning stars.
Just a decade later by 1998, Damon’s fee skyrocketed to $2 million per movie on the heels of his breakout success in Good Will Hunting and ability to anchor major studio projects as a lead.
How Much Money Did Matt Damon Lose from Not Doing Avatar?
In one of the most prolific examples of a lost fortune from a terrible career decision, it’s believed Matt Damon passed up making at least $250 million by declining a 10% backend box office profit participation offer to star in James Cameron’s 2009 sci-fi epic Avatar.
The role would have had Damon play the character Jake Sully portrayed by actor Sam Worthington instead as the lead. Avatar raked in an astonishing $2.84 billion globally becoming the highest grossing film of all time for a decade.
It’s estimated a backend deal could have earned Damon anywhere from $200 to $300 million depending on the exact profit participation deal. The lost payday serves as a cautionary tale for actors on chasing upfront salary over backend upside, that while risky, can often lead to unprecedented windfall.
What Investments Does Matt Damon Have?
Aside from lucrative film projects and real estate assets making up the lion’s share of his $170 million net worth, Matt Damon also holds investments in promising startups he’s backed as angel investor over the years.
Damon’s investment portfolio includes both early and late stage startup equity ownership in companies such as:
- Metafy: Online career services platform providing coaching by experts.
- Pony Express Records: Independent record label co-founded with Ben Affleck.
- Copper Branch: Fast food chain serving plant based cuisine.
- Acorns Grow: Financial services app offering micro investing capabilities.
Damon has also likely held seven figure investment positions in various hedge funds and money managers available primarily to ultra high net worth accredited investors over the years.
How Much Money Did Matt Damon Make from JASON BOURNE Action Film Franchise?
As one of Hollywood’s most commercially successful action thriller film franchises grossing over $1 billion globally, the Jason Bourne movie series has been incredibly lucrative for Matt Damon.
According to reports, Damon has earned around $85 million total in acting fees and backend gross participation profits from the 4 Jason Bourne movies till date:
- The Bourne Identity – $10 million salary
- The Bourne Supremacy – $20 million salary
- The Bourne Ultimatum – $20 million plus points
- Jason Bourne – $55 million offer declined
So while Matt Damon may have passed up an enormous $55 million payday to reprise Jason Bourne once again turning down Universal’s offer for a 2016 sequel, the action film series still makes up a huge portion contributing to Damon’s $170 million net worth currently.
Conclusion
In summary, versatile Hollywood superstar Matt Damon boasts an impressive estimated net worth of $170 million as of 2022 primarily derived from his over 30 year acting and filmmaking career across critical as well as commercially successful projects grossing over $7 billion worldwide collectively.
With a salary of $10 to $20 million per movie in addition to lucrative backend profit participation points, an Academy Award under his belt, multiple high value real estate assets and angel investments in promising startups – Damon has assembled an impressive portfolio of assets cementing his financial security and wealth going into his 50s while still at the top of his entertainment career showing no signs of slowing down.
While a missed $250 million fortune by turning down James Cameron’s offer to lead Avatar back in 2009 stands out as an enormously costly career decision that could have potentially doubled his current $170 million net worth – Matt Damon’s sprawling empire amassed playing fictional spies, stranded astronauts, wickedly skilled con men and amnesiac assassins continues rising at a healthy clip as audiences flock to see the Everyman star perform his magic on the silver screen across genres.
FAQ
Here are some frequently asked questions about Matt Damon’s net worth:
How much is Matt Damon worth?
According to Celebrity Net Worth and Forbes, Matt Damon’s net worth is estimated to be roughly $170 million as of 2022. The bulk of his wealth comes from acting, screenwriting and film production over his 30+ year career.
What was Matt Damon’s biggest movie paycheck?
Matt Damon was reportedly paid around $25 million upfront for his lead role in the 2015 space film The Martian directed by Ridley Scott which grossed over $630 million at the box office.
What is Matt Damon’s most commercially successful movie?
Matt Damon’s most commercially successful film is his sci-fi survival drama The Martian directed by Ridley Scott, which grossed over $630 million globally on a budget of $108 million.
How much has Matt Damon made from the Bourne movie franchise?
It’s estimated that Matt Damon has earned around $85 million collectively in acting fees and backend profits from the three Jason Bourne sequels (The Bourne Identity, Supremacy, and Ultimatum) over the years.
What was the biggest missed money opportunity in Matt Damon’s career?
Matt Damon famously turned down a backend profit participation deal in James Cameron’s 2009 epic Avatar which could have earned him an estimated $250 million based on the film grossing $2.8 billion, marking one of the biggest missed money opportunities of his prolific career.
How much real estate does Matt Damon own?
Damon’s real estate portfolio including his properties in Los Angeles, New York and Malibu is estimated to be worth over $50 million collective with his luxury Brooklyn penthouse purchase in 2021 for $16.8 million marking his most extravagant real estate splurge yet.
What car does Matt Damon drive?
Matt Damon chooses to drive eco-friendly electric vehicles like the Tesla Model S for his personal use valued around $100K and has also been spotted driving an Audi R8 sports car worth over $150K.