Robert Redford is an iconic American actor, director, producer, and activist who has starred in some of the most beloved films of all time. With a career spanning over 60 years, Redford has not only made his mark in Hollywood but also established himself as one of the most philanthropic celebrities. But what is Robert Redford’s net worth?
Early Life and Career Beginnings
Charles Robert Redford Jr. was born on August 18, 1936 in Santa Monica, California. As a child, Redford’s main interests were sports and art. He attended Van Nuys High School where he was more invested in athletics than academics. After graduating, Redford attended the University of Colorado on a baseball scholarship but soon became more interested in acting. He traveled across Europe studying art before returning to the U.S. to pursue acting.
Redford’s acting career began in New York City in 1959 when he landed his first Broadway role. For most of the 1960s, he played minor television roles in shows like Alfred Hitchcock Presents and The Twilight Zone. Redford got his big break in 1969 when he starred alongside Paul Newman in Butch Cassidy and the Sundance Kid. The film was a huge critical and commercial success, cementing Redford’s status as a major Hollywood star.<div style=”overflow-x:auto;”>
|Butch Cassidy and the Sundance Kid
|The Great Gatsby
|All the President’s Men
Table 1. Top Grossing Films Starring Robert Redford from 1969-1980
Over the next few decades, Redford would star in several critically acclaimed and commercially successful films like The Sting (1973), The Great Gatsby (1974), All The President’s Men (1976), and Out of Africa (1985). Known for choosing film projects with social and political significance, he quickly became not just a major box office draw but also one of Hollywood’s most respected talents.
Directing and the Sundance Film Festival
In addition to acting, Robert Redford also established himself as an accomplished director. He directed his first feature film, Ordinary People, in 1980 which ended up winning 4 Oscars including Best Picture and Best Director for Redford. Following this success, Redford directed several other features throughout the 1980s and 1990s including The Milagro Beanfield War (1988) and Quiz Show (1994), both earning multiple Oscar nominations.
However, Robert Redford’s most long-lasting legacy is likely founding the Sundance Film Festival. Originally called the Utah/US Film Festival when established in 1981, Sundance provides independent filmmakers with a platform to showcase their work. Under Redford’s leadership and vision, Sundance has played an instrumental role in the growth of the independent film industry. Many now credit Sundance for bringing indie films into the mainstream including acclaimed movies like Reservoir Dogs, The Blair Witch Project, Little Miss Sunshine and Get Out.
Acting Comeback and Continued Success
Though Robert Redford never stopped acting, he took an extended break from leading movie roles in the 1990s to focus more on directing. But in the early 2000s Redford mounted an acting comeback appearing in films like Spy Game (2001), The Clearing (2004) and An Unfinished Life (2005). And while now in his 80s, Robert Redford continues to act, most recently starring in the 2018 blockbuster Avengers: Infinity War as Alexander Pierce, a role which introduced him to a whole new generation of moviegoers.
Redford has also continued his directing work including helming Lions for Lambs (2007), The Conspirator (2010), and the recently released Pete Davidson drama The Kid (2019). And the ever-growing Sundance Film Festival remains Redford’s baby. What began as a small indie film showcase is now an annual pilgrimage for Hollywood executives, filmmakers and aspiring talent from across the globe with attendance often exceeding 50,000 people.
Takeaways About Robert Redford’s Career
- Career has spanned over 60 years with continued success as an octogenarian
- One of the biggest box office stars throughout the 1970s
- Acclaimed director with 1 Best Picture/Director Oscar win and several other nominations
- Founded the hugely influential Sundance Film Festival in 1981
- Had a major acting comeback in the 2000s with more recent directing work
So with such an enduring and impactful career both in front of and behind the camera, what is Robert Redford’s net worth?
What is Robert Redford’s Net Worth?
While reports vary on the exact figure, most outlets estimate Robert Redford’s current net worth is around $170 million dollars. This places him in rare company amongst the most wealthy people in Hollywood. Especially when considering Redford has built his wealth not just through acting but also directing, producing and as an entrepreneur.
Breakdown of Robert Redford’s Net Worth
So what are the primary sources behind Robert Redford’s impressive $170 million net worth?
Having starred in dozens of films over his long career, Redford has brought home many huge paychecks. At his peak in the 1970s, he is believed to have commanded salaries as high as $4 million dollars which would amount to over $10 million today with inflation.
Some of Robert Redford’s biggest film paydays include:
- $500,000 for Butch Cassidy and the Sundance Kid in 1969 ($3.5 million today)
- $4 million for The Sting in 1973 ($25 million today)
- $4 million for All The President’s Men in 1976 ($20 million today)
- $3 million for Out of Africa in 1985 ($7.5 million today)
- $10 million for Havana in 1990 ($22 million today)
Accounting just for these amounts, Redford has made around $85 million dollars (adjusted for inflation) off his film acting roles alone excluding any other earnings or backend profits.
Film Producer/Director Fees
Though lesser known, Robert Redford has also earned massive paychecks for his work as a producer and director on films. For instance, he earned $3 million just for directing The Milagro Beanfield War and at least $5 million for producing The Horse Whisperer. Factor in other producing, directing and startup fees for Sundance Productions and his directing work and this totals around another $30 million.
Sundance Film Festival Profits
Robert Redford is also believed to earn around $4-$5 million per year from the Sundance Film Festival. Since founding the festival in 1981 that equals another $100 million at least contributed to Redford’s net worth. Sundance also has additional branding activities like a television channel and streaming service which likely earn Redford millions more per year.
Real Estate and Investments
Robert Redford has an impressive real estate portfolio including his stunning 5,000 acre ranch in Utah dubbed “Sundance Mountain Resort”. Estimated to be worth over $20 million dollars alone, Redford also owns other multimillion dollar properties in California. Additionally, Redford is believed to have invested some of his massive earnings over the years into company stocks and bonds adding even more wealth.
Accounting for all these factors, its clear Robert Redford has built up an extremely impressive personal fortune most can only dream of. Very few actors attain a nine figure net worth like Redford has achieved through not just acting but also producing, directing and smart financial planning.
And at over 85 years old, Robert Redford shows no signs of slowing down anytime soon. Which means we can probably expect his incredible $170 million dollar net worth to keep on growing.
In closing, Robert Redford’s contributions to American film and culture over the last 60+ years is unparalleled. He has delivered iconic acting performances in movies like Butch Cassidy and the Sundance Kid and All The President’s Men. His directing achievements range from the Oscar-winning Ordinary People to founding the legendary Sundance Film Festival.
With all his success both in front of and behind the camera, Robert Redford has amassed an extremely impressive personal fortune as well. His assets including film salaries, real estate like his sprawling Utah ranch, ownership of Sundance and other investments total nearly $200 million dollars by most estimates. And even in his mid-80s, Redford remains actively involved in environmental and political activism while still taking the occasional acting role.
So while the full details cannot be known unless Redford releases his tax returns, his estimated $170 million net worth seems more than earned. It reflects a career full of smart financial decisions and tremendous dedication to his creative craft. Robert Redford’s wealth will surely allow him to continue doing what he loves – making an artistic difference while supporting worthy causes – for years to come. And for film lovers everywhere, that’s certainly something worth celebrating.
Frequently Asked Questions
Robert Redford’s decades-long career and tremendous wealth inevitably lead many to have questions regarding specific details about his current financial status. Here are answers to 5 of the most frequently asked questions about Robert Redford’s net worth.
How did Robert Redford make his money?
As outlined earlier, Robert Redford accumulated his immense multi-million dollar net worth in a few ways:
- Film acting salaries – At his peak in the 1970s and 80s, Redford earned upwards of $5 million per movie role
- Producing/directing fees – Redford has earned millions more producing and directing various films over the years
- Sundance Film Festival – Owning the influential Sundance Film Festival earns Redford approx $5 million per year
- Real estate/investments – Redford’s property portfolio & other investments have added many more millions
It’s this combination of acting, directing, producing and smart business savvy that allowed Redford to build such extraordinary wealth few in Hollywood can rival.
What was Robert Redford’s biggest movie paycheck?
It’s believed the biggest single payday of Robert Redford’s career was $10 million dollars that he earned for starring in the 1990 film Havana directed by Sydney Pollack. This equates to over $22 million today after adjusting for inflation.
Has Robert Redford done advertisements or endorsements?
Unlike many celebrities today, Robert Redford has never officially endorsed consumer products or done traditional advertising campaigns. However, Redford has lent his name and image to various environmental and philanthropic causes over the years like The Redford Center and NRDC. He also appears in advertisements for the Sundance Film Festival and Channel.
What charities or causes does Robert Redford support?
Some of the main charitable organizations supported by Robert Redford over the years include:
- NRDC – Natural Resources Defense Council dedicated to environmental activism
- Redford Center – Nonprofit focused on environmental filmmaking/media
- Children’s Defense Fund – Program improving lives of disadvantaged children
- Democracy Initiative – Coalition aimed at reducing corporate influence in politics
Redford is known for using his celebrity status to advance various social and political causes close to his heart throughout his career whether through films, festivals or charitable giving.
Is Robert Redford a billionaire?
While Robert Redford has impressive multi-million dollar net worth estimated at around $170 million, he is not technically a billionaire. However, when accounting for assets like his Sundance Resort real estate, ownership stake in the massively successful Sundance Film Festival, and other investments/properties he could be close to 10-figure territory. But most calculate Redford’s current net worth to be under billionaire status – but still extraordinarily high for a Hollywood celebrity.