Alabama Born Actor Channing Tatum Accumulates Massive Net Worth

The 2016 People Choice Award-winning actor Channing Tatum earned his breakthrough after he starred in the dance film Step Up (2006). As of August 2019, the American-born actor cum singer owns a net worth of $50 million.

Since his movie debut Coach Carter (2005) alongside Samuel L. Jackson, the Hollywood heartthrob has appeared in box office hits like G.I. Joe: The Rise of Cobra & its sequel, Magic Mike (2012) & its sequel, Kingsman: The Golden Circle (2017) and many more.

From casting as a dancer to an actor in movies, Channing Tatum has enjoyed the showers of dollars, proving himself as one of the demanded Hollywood figures.

Transition Of Career & Fortune: Male Stripper Turned Actor

Professional since 2000, the dance star Tyler Gage of the Step up remains as one the top headliners over the years: either it is his acting applaud or his love-relationships.

Despite such luxury, Tatum has never been shy of his past; the Glenville State College drop-out used to work as a male stripper, earning $50-$150 per night. And now, the Magic Mike star plays in millions with his acting prominence.

According to Celebrity Net Worth, Channing Tatum has an estimated net worth of $50 million as of August 2019. While The Richest back in 2015 pointed his alleged fortune to be $80 million.

American actor Channing Tatum is a multi-millionaire, owns a $50 million fortune

Surely, the main source of Tatum’s income is acting, but also his ownership in production companies: 33andOut Productions and Iron Horse Entertainment fills his account with millions of dollars.

Channing Tatum-Movies Image
Sources: ScreenCrush

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Channing Tatum’s Earnings Per Year:

  1. 2013- $60 million
  2. 2015- $29 million

Movie Production Investment Proved Fruitful Gamble

Many might not know that he gambled an account of $7 million alongside fellow producer Steven Soderberg for the production of 2012 movie Magic Mike and paid a heavy sum to Warner Bros. for its distribution.

Guess what! The movie not only made the gross of $167.2 million but also earned $60 million each for Tatum and Soderberg.

Furthermore, in 2015, they produced the sequel Magic Mike XXL featuring Donald Glover and Amber Heard; it granted them (Tatum and Soderberg) a whopping $30 million.

For sure, the money gamble on Channing has shined since then.

Road To Successful Actor

In 2000, Channing Tatum’s career-turn came up after he was cast as dancer Ricky Martin’s song She Bangs, earning him $400 for a 7-day shoot.

Later, he began modeling for Armani and Abercrombie & Fitch, followed by a commercial appearance in 2002 for Mountain Dew and Pepsi.

Having signed with Ford Models in New York City, Tatum made film debut in 2005 through Coach Carter, subsequently, starred in She’s The Man (2006) alongside Amanda Bynes.

Well, the actor’s major career breakthrough came up after working in the 2006 dance-movie Step Up featuring his future wife Jenna Dewan.

The movie with a complete package of dance-romance grossed $114.2 million, also earning him the nickname of Charming Tatum.

Channing Tatum and Jenna Dewan in the movie Step-Up (2006)

Since then, Tatum has appeared in a bunch of famous movies: in G.I. Joe: The Rise of Cobra (2009) and its sequel G.I. Joe: Retaliation (2013) featuring Dwayne Johnson, in The Vow (2011) with Rachel McAdams, and in 21 Jump Street (2012) alongside Jonah Hill, Jake Johnson, Brie Larson ( also famed as Captain Marvel) and Dave Franco.

Box-Office Collection

To date, the actor has earned 55 acting credits, among which, his highest-grossing feature film is Kingsman: The Golden Circle (2017) with a collection of $410.9 million; other casts include Elton John and Halle Berry.

Film Role/Character Budget Gross Collection
Step Up (2006) Tyler Gage $12 million $114.2 million
Public Enemies (2009) Pretty Boy Floyd $100 million $214.1 million
G.I. Joe: The Rise of Cobra (2009) Conrad S. Hauser/ Duke $175  million $302.5 million
21 Jump Street (2012) Greg Jenko $54.7 million $201.5 million
Magic Mike (2012) Michael “Magic Mike” Lane $7 million $167.2 million
G.I. Joe: Retaliation (2013) Conrad S. Hauser/ Duke $130-$155 million $375.7 million
22 Jump Street (2014) Greg Jenko $50-$84.5 million $331.3 million
Magic Mike XXL (2015) Magic Mike $14.8 million $122.5 million
Kingsman: The Golden Circle (2017) Tequila $104 million $410.9 million

In addition to feature films, Channing also has voice-over credits. Here is the list of his voice-acting credits in animated movies:

  1. The LEGO Movie (2014)- Voice of Superman- ($469.1 million box-offices)
  2. The Book of Life (2014)- Joaquin (grossed $99.8 million)
  3. Smallfoot (2018) as Migo- $214.1 million (Box office)
  4. The Lego Movie 2: The Second Part (2019)- as Superman (collection of $191.3 million)

Career Update: Channing Tatum was set to play Remy LeBeau / Gambit in X-Men universe film Gambit, though it was canceled in May 2019. Currently, he serves as an executive producer for the web series Step Up: High Water (2018- Present).

Any Endorsements? Revenue From Instagram?

For sure, the 2012 Teen Choice Award winner for G.I. Joe has amassed a bunch of endorsement approaches. As it turns out, he seems to be endorsing Abercrombie & Fitch, Aéropostale, American Eagle Outfitters, Armani, and Dolce & Gabbana.

However, the exact payroll from his sponsorship is not out.

Back in 2017, in partnership with Grand Teton Distillery, the American actor created Born and Bred Vodka.

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Well, Channing Tatum is an avid user of Instagram with over 17.4 million followers, which can sum him massive tens of thousand dollars per sponsored post.

Did you know? On August 7, 2019, Tatum revealed that he was taking some time off Instagram and following a week, on August 25, 2019, his girlfriend Jessie J announced her break from Instagram citing new album creation as one of the cause.

Charity Works & Donations

Apart from on-screen time schedules, Channing Tatum also manages time to participate in charity works & donations. Well, he is an active supporter of Keep A Child Alive, a foundation co-founded by Alicia Keys and Leigh Blake which aids the HIV/AIDS affected communities with healthcare and housing.

Tatum is an active charity worker

Moreover, Tatum has associations with other non-profit organizations: Baby2Baby, Dizzy Feet Foundation, The Art of Elysium, and The Rainforest Foundation.

Millions Of Dollars Worth House & Cars: Lifestyle & Expenses

Currently, Channing Tatum lives in his residence in the Los Angeles area.

In June 2019, Tatum’s California under-construction house became a topic of the limelight after a 36-year-old Californian woman broke into and hid there for 10 days.

Later following her arrest, the court granted Tatum a permanent restraining order against the woman in July 2019. The 21 Jump Street actor also owns a house in Beverly Hills, bought the 4,853 square feet mansion in February 2015 for $6 million.

Channing Tatum’s Beverly Hills mansion bought for $6 million. The celeb-pedigreed and vaguely Cape Cod-style property boasts 5 bedrooms and 6 bathrooms.

Also, he formerly owned a house in Hollywood Hills West, featuring a 3-bedroom, 3-bathroom, and a swimming pool with a spa. The actor sold the asset in April 2015 for a reported $2.668 million.

Sources report that the Hollywood Hills house once was in the hands of film director Ron Shelton, who sold it in 1998 for $560,000 and later again exchanged hands to Tatum in 2008 for $2.6 million.

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Cars & Other Assets

Well, the American actor with such massive fortune does have a collection of jaw-dropping cars. Well, he owns a 1957 Chevy Truck that he often drives along with Los Angeles; it is allegedly worth $50,000.

Furthermore, his rides include Cadillac Escalade EXT, Toyota Tacoma, and Mercedes Benz G-Wagon, while his soon-to-be ex-wife Jenna owns a Tesla Model X ($79,500).

In addition to that, the Alabama native owns a Yamaha YZ450F bike worth $9,000. His other asset includes two horses: Smoke and Cajun, one of them being 36th birthday gift in 2016 from Jenna (his to-be ex-wife).

Sources cite that a horse costs around $1,200.

Expenses: Lifestyle & Tax

Without a doubt, a big fortune has been a blessing of a lavish lifestyle to Channing Tatum but also has a huge list of expenses.

Apart from daily life luxury, the actor’s flat fee sweeps away bundles of dollars for expenditure on travels, costly attires, and accommodation.

Moreover, after his divorce with Jenna gets final, the actor is subjected to pay child support.

Above all, Tatum’s account experiences a huge cut with tax payments, as his California property seeks 0.793% of its assessed value for property tax along with $980 house insurance per year.

Also, he is liable to income tax which may cut out $2.57 million upon annual revenue of $5 million.

Channing Tatum’s Age, Height, Wife, Divorce, Children, Dating

Tatum was born Channing Matthew Tatum on April 26, 1980, in Cullman, Alabama, the USA. His father Glenn Tatum worked in construction sites while mother Kay Tatum was an airline worker and has a sister Paige.

Tatum’s family moved to Pascagoula, Mississippi when he was 6, and later settled in Tampa, Florida, where he attended Gaither High School and then Tampa Catholic High School; graduated in 1998.

Thereafter, the American actor attended Glenville State College in Glenville, West Virginia but dropped-out seeking jobs and fame to TV & movies.

Channing holds an American nationality and is of mixed ethnicity (has English ancestry).

Divorce Filing: Wife & Children

Tatum was once a happily married man, enjoyed a blissful relationship with (separated yet to be divorced) wife Jenna Dewan. The duo met back in 2006 working in Step Up, where they played dancers-lovers Tyler Gage and Nora Clark.

They announced their engagement in 2008 and later married on July 11, 2009, in Malibu, California at Church Estates Vineyards.

But after 9 years of marriage, the duo shared a matching Instagram post, stating their split. Later in October 2018, Dewan filed for divorce with Tatum.

Even now, the former couple is in good terms and often spends time together with their child, daughter Everly Elizabeth Maiselle Tatum (born on May 31, 2013).

The divorce filing update in January 2019, reports that both are willing to share joint legal and physical custody of daughter Everly.

Current Relationship Status: Is Tatum Dating?

Yes, the handsome hunk is in a relationship and is dating the Price Tag singer Jessie J. They are dating since October 2018 and often displays adorable PDAs.

Yet, the duo has not announced their engagement or any plans for marriage.

On the other side, Tatum’s former wife Jenna Dewan (not legally divorced as of August 2019) is dating actor Steve Kazee.

For a fact, Channing has been in 13 on-screen match-ups to date including in She’s The Man (2006) with Amanda Bynes and in Don Jon (2013) with Anne Hathaway.

Age & Height

As of August 2020, Channing Tatum’s age is 40 and has a height of 6 ft. 1 inch (185 cm).