Kevin Costner has amassed a massive $250 million fortune from his work in film and television over the last 40 years, and the actor
Born in Lynwood, California, Kevin Costner moved around in the state due to his father’s work, leading him to explore the outdoors around his hometown. During college, he had an actor with Richard Burton, who inspired him to pursue acting as a career. While taking acting classes and doing odd jobs, Costner found minor work during the 1970s. Things changed when the actor earned a breakthrough with the 1987 film The Untouchables, helping him to become a lead actor in Hollywood. Through his numerous projects in movies, from drama to action thrillers, Costner continued building his acting portfolio. He has several accolades, including two Academy Awards as a producer and director.
With a net worth of $250 million, Kevin Costner has enjoyed spending his fortune on purchasing large ranch properties that help him stay close to nature and building off-road vehicles that will drive past any terrain. Let’s look at how Kevin Costner earns and spends his $250 million net worth.
8 Earns: Acting and Filmmaking
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Kevin Costner’s work in the Field Of Dreams and Bull Durham made him an A-lister in Hollywood. Soon after, he ventured into filmmaking with Tig Productions and created his first project under the banner called Dances With Wolves. The movie also marked his directorial debut and won him two Academy Awards for Best Director and Best Picture. He earned notable salaries throughout his active years making movies. In 2018, he starred in his first regular television role with Yellowstone. According to Business Insider, Costner made $1.3 million per episode during the latest season.
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7 Spends: Real Estate
The actor has an expansive real estate portfolio in various parts of America. He owns a 160-acre ranch in Aspen, Colorado, with three separate homes in the same compound. He purchased the property in three installments, first in the 1980s, second in the 1990s, and third in 2017 for $7.3 million. His second property is located in the town of Carpinteria in California. He purchased the land for $28.5 million in 2006 and has an additional 10-acre compound in the same town.
6 Earns: Rental Properties
The real estate purchase in Kevin Costner’s estate is also his income source. Out of the three separate homes on the Aspen ranch, the actor rents out two properties that are not his main residence. It costs a whopping $30,000 per night to stay on the compound that has an ice-skating rink, fish-filled lakes, and a baseball diamond, as noted by Architectural Digest. Costner and his wife live in their California home and rent out the property as Aspen is a popular tourist destination.
5 Spends: Family Vacations
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Kevin Costner loves nature and prefers to spend his time outdoors. Be it his ranch compound or the Western television show. He has been taking road trips since he was 18 years of age and now has his entire family on board to travel on adventures through the rocky terrains of California to the plains and mountains of Colorado. The actor has admitted to taking his kids on road trips to visit all the historical landmarks in California.
4 Earns: Music
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His love for music turned into a passion when Kevin Costner created the band Kevin Costner and the Modern West in 2007. The country rock band began releasing music in 2008 and has released four studio albums to date. They have also embarked on world tours performing in Rome and Istanbul. The commercial success of the songs has also led them to enter the Billboard Country Music charts.
3 Spends: Car Collection
With ranches and road trips that show his love for the outdoors, Kevin Costner also has the right automobiles to tackle rough terrains. As mentioned by Motor Biscuit, he wanted to build a Toyota himself and contacted the automaker to upgrade the Tundra to his specifications. The overland truck was installed with 35-inch tires and a large suspension BDS lift, among other interior changes. He also owns a 1968 Shelby Mustang GT350 that he used during the filming of Bull Durham.
2 Earns: Business Ventures
Kevin Costner is a successful filmmaker and has a variety of business ventures that have helped him make millions. He was the owner of a casino in Deadwood, South Dakota, which was valued at $6.2 million. The actor has also embraced the digital world and combined his love for travel and leisure with the app HearHere in 2022. The application is introduced to help people know America’s history as they travel via essential landmarks.
1 Spends: Philanthropy
As someone who deeply cares about protecting the oceans, Kevin Costner worked with a team of engineers to design a device that will separate water and oil in the sea. As many oil spill crises were occurring around the Gulf of Mexico, his device helped separate 200 gallons of oil each minute, as stated by Cheat Sheet. Costner also joined hands with Little Star Foundation to support that non-profit that provides long-term care for children battling cancer.
Kevin Costner is also known for his rare endorsements, as he launched his watch line through a partnership called Jacques Lemans Kevin Costner Collection in 2014. The actor has continued actively pursuing his career in music and television. He is currently starring in the fifth season of Yellowstone, which began airing on November 13, 2022.
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Sources: Business Insider, Architectural Digest, Motor Biscuit, Cheat Sheet
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