Michael Douglas is a two-time Academy Award recipient for his acting skills that he has demonstrated over the span of seven decades. Douglas who comes from a family of Hollywood royalties is renowned for his Oscar-winning performance in the 1987 drama Wall Street. He is the son of late Kirk Douglas and is the brother of competent Hollywood actors and producers.

Net Worth of Michael Douglas in 2022

As of 2022, the Hollywood A-Lister is estimated to have a net worth of $350 million. He is ranked among the highest-paid actors in Hollywood after he collected a paycheck of $15 million for his role in Basic Instincts.

Michael Douglas appeared on the screen at the age of 22 when his father was dominating Hollywood. He had an uncredited role as a Jeep Driver in Cast a Giant Shadow that starred his father Kirk Douglas.

Since then he has been an active Hollywood both as an actor and producer earning credits in more than 100 projects.

Success In Acting & Earnings

Michael Douglas has milked the Hollywood for every penny he could get as an actor. Having appeared in movies and television show for top dollars, the actors’ earning per movie projects is on the 8 digit figure easily,

His first major role in Hollywood came in 1969 when he had a one-off appearance in the CBS special “The Experiment” putting on a suit of a young scientist. Later, he appeared in movies such as Hail, Hero!, Adam at 6 A.M and Summertree.

He was immediately nominated for a Golden Globe for Most Promising Male Newcomer that marked the Douglas’ family name to be relevant in years to come. He had a significant role in the Warner Bros Production crime drama series The Streets of San Francisco from 1972 to 1976.

After 1976, Douglas appeared in many mainstream Hollywood movies; Coma, Running, It’s My Turn, The Star Chamber, A Chorus Line, Fatal Attraction, Wall Street Black Rain, The Game, The American President, The Rainmaker, Ghosts of Girlfriend’s Past, Haywire, Las Vegas, Ant-Man, Ant-Man, and the Wasp and Avengers: Endgame, to name a few.

His performance in Wall Street alongside Charlie Sheen and Daryl Hannah was critically acclaimed and won him an Academy Award for Best Actor.

His salary as an actor from different movies are:

Year Movie Salary
1979 The China Syndrome $262,000
1992 Basic  Instinct $15 million
1994 Disclosure $12 million
1995 The American President $15 million
1997 The Game $20 million
2000 Wonder Boys $5 million
Traffic $10 million

Douglas is also a prominent figure on the small screen acting in television series with sporadic guest appearances.

He, however, is a regular cast member on the Netflix series The Kominsky Method leading the cast as Sandy Kominsky. The series is on its second season with more to come later this 2020.

Earnings As A Producer

Douglas has excelled in everything he has set his foot on. The 78-year old actor is also an award-winning producer, winning an Academy Award for Best Picture for his producing duties in the 1975 comedy-drama movie One Flew Over the Cuckoo’s Nest based on the 1962 novel of the same name. The movie starring Jack Nicholson was nominated for 8 Academy Awards, winning 5 for Best Picture, Best Actor, Best Actress, and Best Adapted Screenplay.

Other notable works of Douglas at the helm of a producer are The China Syndrom, Romancing the Stone, The Jewel of the Nile, Flatliners, Stone Cold, Double Impact, Made in America, The Rainmaker, One Night at McCool’s, and most recently in 2018 in the movie We Have Always Lived in the Castle.

His earning as a producer are:

Year Movie Project Earnings
1975 One Flew Over the Cuckoo’s Nest $108 million
1984 Romancing the Stone $76 million
1985 The Jewel of the Nile $75 million
1990 Flatliners $61 million
1991 Stone Cold $9 million
Double Impact $30 million
1992 Radio Flyer $4 million
1996 The Ghost and the Darkness $38 million
1997 The Rainmaker $45 million
Face Off $112 million
2001 One Night at McCool’s $6 million
2003 It Runs in the Family $7 million
2006 The Sentinel $36 million

Owns A Multi-Compound Residence In Bermuda Island: Drives A Range Rover

Michael Douglas has invested his Hollywood money wisely making investments in solid assets. Besides investing in movies, the actor and producer purchased several estates with his wife Catherine Zeta-Jones.

Decades ago, the couple bought a property in the Caribbean gateway called the Bermuda Island.

The multi-residence compound consists of eight bedrooms spread out in the main house, a two-story guesthouse, a caretaker cottage, and an apartment. The main house is built on a land of 7,300 square feet and features a living room, dining room, both with a fireplace and a kitchen. The couple listed the property for sale in June of 2019 for $10.6 million.

Another estate owned by the couple is the Majorca estate located in the Balearic Islands of Spain. Douglas bought the house in 1990 for $3.5 million when he was still married to Diandra Luker.

The estate is an impressive 250 acres land with two cottages, five apartments containing 10 bedrooms and 11 bathrooms, a home theatre, an outdoor heated pool, a game room, a library, an outdoor kitchen, a vineyard, and a wine cellar.  Douglas put the house on the market in 2014 for $60 million and later in 2019, they slashed the price by almost half to $32.38 million.

In 2014, Zeta-Jones and Douglas made the news when they sold there in Bedford for $7.5 million. The house which has an initial asking of $8.1 million was a two-story building spanning at 6,600 square feet area with six bedrooms and six bathrooms and oversaw a 6 acres land.

The Douglas also owns a Range Rover that costs $100,000 and a Toyota Prius which retails at $36,000.

Read: Michael Che-Net Worth

Formerly Married to 19-year-old Daughter of Australian Diplomat

Michael Kirk Douglas was born to legendary actor Kirk Douglas and his first wife Diana Dill on September 25, 1944, in New Brunswick, New Jersey.

Born to a Jewish father and a Russian mother, Douglas has a younger brother Joel and two half-brothers, Peter and Eric. He attended The Allen-Stevenson School in New York and graduated from the University of California with a degree in arts.

Unfortunately, his father, Kirk Douglas, died on February 5, 2020. Reportedly, he donated all his net wealth ie. $61m to charity.

Michael Marriage, Wife, Children

When he was 32 years old, he got married to 19-year-old Diandra Luker, daughter of an Australian diplomat in 1977. They welcomed a son named Cameron. The couple split in 1997 leaving Diandra with $45 million in alimony while parting ways.

Douglas married actress Catherine Zeta-Jones in 1999 whose birthday also happens to be on September 25 with Douglas being 25 years older than her.

The couple has 2 children: Dylan Michael and Carys Zeta who are 20 and 17 years old respectively.