When you think of comedy stars who’ve turned their talent into Hollywood gold, only a few names shine bright. One of these names is Martin Lawrence. He’s a legendary comedian, entertainer, and actor who brought laughter to millions.
Since his first big break, Martin has taken steady steps toward building an extraordinary career. Along the way, he also managed to amass a huge fortune. So, how much is Martin Lawrence’s net worth right now exactly?
In this article, you’ll discover the impressive career of this comedy icon and the life journey that led him to become one of the wealthiest entertainers in Hollywood. Let’s get right in!
Martin Lawrence: Personal Profile
Martin Lawrence is best known for his unforgettable roles in “Bad Boys,” “Big Momma’s House,” and the hit TV show “Martin.” However, his wealth isn’t only a result of his career in movies and television.
Image source: Google
Before diving deeper into the finances of the shining comedian, have a look at some key highlights of his personal profile:
- Full Name: Martin Fitzgerald Lawrence
- Date of Birth: April 16, 1965
- Place of birth: Frankfurt, Hesse, Germany (back then, West Germany)
- School: Dodge Park Elementary, Eleanor Roosevelt High School, and Friendly High School
- Profession: Actor and comedian
- Parents: John Lawrence and Chlora (née Bailey)
- Siblings: Five but only three are known publicly (Robert Lawrence, Rae Proctor, and Ursula Lawrence)
- Marital Status: Divorced
- Ex-Partners: Patricia Southall (m. 1995; div. 1997), Shamicka Gibbs (m. 2010; div. 2012)
- Children: Three (Jasmine Page, Iyanna Faith, and Amara Trinity)
- Net Worth: $110 million
- Current Residence: Encino, California
Martin Lawrence: Net Worth
Martin Lawrence’s current net worth is estimated to be around $110 million. He built such impressive wealth throughout a career that’s been going strong for over 35 years. From stand-up comedy to blockbuster hits and other investments, here’s how Martin created his fortune:
1. Stand-up Comedy
Martin’s journey began on the stages of stand-up comedy. His unmatched sense of humor and sharp wit quickly made his name a standout in the field.
Yet, his true big break came in 1992 when he became the host of HBO’s Def Comedy Jam. The show was a phenomenon at the time, launching the careers of many up-and-coming comedians. While Def Comedy Jam ran for eight seasons, Martin only hosted the first six, reinforcing his reputation as one of comedy’s brightest stars.
2. TV Shows
As for TV, Martin’s biggest success was his self-titled Fox sitcom, “Martin.” The show aired for five seasons from 1992 to 1997 and was a massive hit back then (you probably have strong memories of it if you were a 1990s kid).
Not only did this show make Marting a household name, but it also earned him significant income. Even today, reruns of this successful show continue to generate money for the beloved comedian.
Image source: IMDb
3. Movie Roles
Although he’s made hundreds of thousands from stand-up comedy and TV, the largest chunk of Martin’s wealth comes from movies. Initially, he appeared in a few small parts in his early career. By 1995, he landed his first major role.
The Bad Boys Franchise
Starring alongside Will Smith, Martin played the role of Marcus Burnett in the action-comedy “Bad Boys.” The movie was a booming success, grossing over $140 million worldwide. For this specific part, Martin earned $6 million.
Image source: IMDb
His chemistry with Will became one of the franchise’s biggest strengths, and the role remains one of his most iconic. For the two sequels “Bad Boys II” and “Bad Boys for Life,” Martin got $20 million and $6 million, respectively.
The Big Momma’s House Franchise
Launched in 2000, “Big Momma’s House” made another shining mark in Martin’s career. His portrayal of FBI agent Malcolm Turner, who goes undercover as the hilarious “Big Momma,” delighted audiences around the world and brought over $170 million in revenue.
Reportedly, Martin earned $20 million in this role.
Image source: IMDb
Other Hits
Building on the momentum from “Bad Boys,” Martin appeared in a series of successful movies following that. In 1999, he starred in “Blue Streak,” a comedy about a jewel thief posing as a police officer.
In the same year, he teamed up with Eddie Murphy for “Life,” a comedy-drama about two men wrongly imprisoned in the 1930s. Besides showcasing his versatile talent, these roles earned Martin fat paychecks as well.
Image source: IMDb
4. Real Estate Investments
Martin has made quite smart moves in terms of real estate investments over the course of his career. One of his most notable properties was a Beverly Hills mansion, which he sold in 2013 for $17.2 million.
Currently, Martin resides in a beautiful Tuscan-style mansion in Encino, which he purchased in 2013 for $6.63 million. This 10,000-square-foot house features seven bedrooms, spacious living areas, and amazing views of the San Fernando Valley.
On top of that, Martin also owns a 116-acre farm in Purcellville, Virginia, listed for $8.5 million in 2018. This expansive, peaceful retreat includes a custom-built home and a pond.
Overall, such investments reflect Martin’s taste for luxury. Yet, most importantly, they also highlight his smart financial planning.
5. Continued Projects and Tours
Even after decades in the field, Martin Lawrence remains active in entertainment, with millions of fans rooting for him. His role in the recent movie “Bad Boys for Life,” along with his ongoing comedy tours, keep his income steady.
Fans continue to come from all over the country to see his performances, which is why he’s still a profitable figure in the industry.
Featured image source: Google
