American actor Tom Selleck has a net worth of $60 million. Selleck earns a $150,000 salary per episode for the television shows he acted in. Considered one of the richest TV stars by Forbes, Tom Selleck is best known for acting in the television series Magnum, P.I. Selleck is a veteran of the California National Guard and has been a vocal supporter of the military.

Tom Selleck Net Worth 2023

Tom Selleck Assets

By playing private investigator Thomas Magnum in the television series Magnum, P.I., Selleck became one of the highest-earning stars at that time. He was earning $30k per episode in the 1980s, which was a record salary at that time. Below is the list of assets owned by Tom Selleck as of today. See Lisa Kudrow Wealth (Phoebe from Friends)

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Tom Selleck’s Salary

Tom Selleck Cars

Selleck owns ten Vintage and Luxury cars in his garage. The collection of cars accounts for 10% of Tom Selleck’s net worth. Below are the cars he owns.

• Ford Mustang
• Dodge Charger
• Buick Roadmaster
• Tesla Model X
• Ford F-150
• Mercedes GLS

Tom Selleck’s Investments

In the past two decades, Tom Selleck has bought over 2,000 acres of agricultural land in Ohio. Today’s value of this land is $4.1 Million. He also owns 8 luxury mansions and villas in California and Virginia. These real estate assets account for one-third of Tom Selleck’s net worth. Don’t Miss Clint Eastwood Alimony and Wealth

Net Worth Timeline

Tom Selleck Biography

Tom Selleck is an American actor, producer, and film executive known for his versatile career in television and film. Born on January 29, 1945, in Detroit, Michigan.

Early Life and Education

Thomas William Selleck was the second child born to Robert Dean Selleck, an executive and real estate investor, and Martha Selleck, a homemaker.

He grew up in Sherman Oaks, California, where his family moved shortly after his birth. Tom attended Grant High School, where he was an athlete, excelling in basketball and volleyball.

His tall stature, standing at 6’4″ (193 cm), would later become a defining feature of his screen presence.

After high school, Selleck enrolled at Los Angeles Valley College, where he played on the basketball team.

He later transferred to the University of Southern California (USC) on a basketball scholarship, where he studied business administration.

However, his interests soon shifted towards acting. Tom Selleck’s net worth at this time was one thousand dollars.

Early Acting Career

In the late 1960s, Tom Selleck began pursuing an acting career in earnest. He appeared in numerous commercials and small television roles, slowly working his way up in the entertainment industry.

His breakthrough came when he was cast as Lance White in the popular TV series “The Rockford Files” (1974-1978).

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This role garnered attention and set the stage for his future success. It also doubled Tom Selleck’s net worth in a two-month period.

Magnum, P.I. and Stardom

Tom Selleck’s career skyrocketed when he landed the role of Thomas Magnum in the hit television series “Magnum, P.I.” (1980-1988).

The show, set in Hawaii, followed the adventures of a private investigator and ex-Navy SEAL. This show helped Tom Selleck’s net worth exceed ten million dollars by the end of the 1980s.

Selleck’s charismatic portrayal of Magnum earned him widespread recognition and a Primetime Emmy Award for Outstanding Lead Actor in a Drama Series in 1984.

Setting Trends

His iconic mustache, Hawaiian shirts, and red Ferrari 308 GTS became synonymous with the character and helped solidify his status as a sex symbol of the 1980s.

“Magnum, P.I.” became one of the most popular television series of its time, and Selleck’s portrayal of the character remains a beloved part of TV history.

The net worth of Tom Selleck kept creeping up due to brand endorsements and new roles he signed during this period.

Transition to Film

While “Magnum, P.I.” was at its peak, Tom Selleck began to transition to the big screen.

He starred in films such as “High Road to China” (1983) and “Lassiter” (1984), showcasing his talent beyond television.

However, his commitment to the TV series limited his availability for major film roles during this period. As a result, Tom Selleck’s net worth could only increase by 5% every year.

Career Challenges and Comebacks

After “Magnum, P.I.” concluded in 1988, Selleck faced the challenge of finding roles that would allow him to break free from his Magnum persona.

He took on a variety of film and television projects, some of which achieved success, while others faced mixed reviews.

It was at this point in his life that Tom Selleck’s net worth saw a downward trend.

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Notable films during this era include “Three Men and a Baby” (1987) and its sequel “Three Men and a Little Lady” (1990).

Selleck also returned to television in the acclaimed miniseries “The Sacketts” (1979) and “The Shadow Riders” (1982).

In 1997, he starred in the TV movie “Monte Walsh,” earning critical acclaim for his performance as a cowboy facing the end of an era.

Television Success in the 2000s

The 2000s marked a resurgence in Tom Selleck’s television career. He starred in the popular TV series “Jesse Stone,” playing the role of Jesse Stone, a troubled small-town police chief.

This role showcased his dramatic range and garnered a dedicated fan following. It also propelled Tom Selleck’s net worth to cross the impressive $20 million mark.

The Jesse Stone series included several TV movies, including “Stone Cold” (2005) and “No Remorse” (2010).

Personal Life

Tom Selleck’s personal life has been relatively private compared to his public career.

In 1987, he married Jillie Mack, a British actress, and the couple has one daughter, Hannah Margaret Selleck, born in 1988.

Selleck is also known for his love of horses and ranching. He owns a ranch in California, where he breeds and trains quarter horses.

Due to two failed marriages, Tom Selleck’s net worth dropped 25% as he had to settle millions to his ex-wives.

Later Career and Legacy

In recent years, Tom Selleck has continued to work in television and film. He joined the cast of the popular police drama series “Blue Bloods” in 2010, portraying Frank Reagan, the New York City Police Commissioner.

His role in the show has been praised for its portrayal of the challenges and dynamics within a law enforcement family.

Conclusion

In conclusion, Selleck’s role as Thomas Magnum in “Magnum, P.I.” defined an era of television. In the coming years, Tom Selleck’s net worth is expected to grow at a slow rate of 4% per annum.

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