As of 2022, Martin Lawrence's net worth is estimated to be around $110 million. Martin Lawrence is an American stand-up comedian, actor, producer, talk show host, and a writer.
He is famous for his role in the Fox television sitcom Martin and the films House, Party, Boomerang, Bad Boys and Life. Furthermore, he has landed his career as a singer and has released two albums.
What are his income sources? Is he involved in charities? What about his expenses? We have all the details here.
An actor and standup comedian Martin has an estimated net worth of $110 million.
Besides acting, he works as a director and writer. According to the source, the average salary of an actor is around $50,301 with a median bonus of $1,032.
Martin Lawrence along with Will Smith in movie Bad Boys
Until now he has made his appearance in numerous television series and movies. His debut acting was as Maurice Warfield in 1987 television series “What’s Happening Now!!”. Later he appeared as Sydney Masterson in 1989 television series “A Little Bit Strange”.
Until now he has played in numerous television series including, Kid ‘n Play, Private Times, Def Comedy Jam, Martin, The Soul Man, and many more.
Martin made his big screen debut in 1989 as Cee in the movie “Do the Right Thing”. Following year, he made his another appearance in a 1990 movie “House Party" as Bilal. Until now he has made his appearance in more than 10 movies.
His film credits include Bad Boys, You So Crazy, Life, Nothing to Lose, Rebound, Wild Hogs and many more.
In the movie Wild Hogs, he appears alongside John Travolta, Ray Liotta, and many others.
He has also landed his career as a singer and has released two albums until now (2019). According to the PayScale, the average salary of a musician or singer is around $40,112 with a median bonus of $1,024.
Martin Lawrence Live Talkin’ Shit is his debut which was released in 1993 for East West Records. His first album had 14 track list. Later in 1995, he released his second album Funk It with 16 track list.
|Salary from the series, Martin in 1992||$100,000|
|Salary from Nothing to Lose in 1997||$6,000,000|
|Salary from Life in 1999||$8,500,000|
|Salary from Blue Streak in 1999||$20,000,000|
|Salary from What’s the Worst That Could Happen? In 2001||$13,000,000|
|Salary from Black Knight in 2001||$16,500,000|
|Salary from National Security in 2003||$20,000,000|
|Salary from Bad Boys II in 2003||$20,000,000|
Further, he made a good amount of money by appearing on numerous movies. Some of his hit movies include:
|House Party||$2.5 million||$26.4 million|
|Nothing to Lose||$25 million||$44.5 million|
|Blue Streak||$36 million||$117.7 million|
|Big Momma’s House||$30 million||$174 million|
|Martin Lawrence Live: Runteldat||$3 million||$19,184,820|
|Big Mommas: Like Father, Like Son||$32 million||$83.9 million|
|Death at a Funeral||$21 million||$49.1 million|
|College Road Trip||$25 million||$51.5 million|
Besides his acting, he makes a decent amount of money from his social media. According to the source, he makes about $10,838 to $18,063 per sponsor post in his Instagram account.
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Like any celebrity, Martin enjoys his massive fortune coming in the form of luxurious houses and cars. His assets includes several expensive houses, and a number of luxurious cars.
Martin sure has lived his lavish lifestyle in a laving house. He used to live in an $8.5 million worth 23,816 sq. ft. mansion. However, in 2018, he listed his Loudoun County mansion for $8.5 million.
He also owned a large mansion in the Beverly Park which was sold for $17.2 million to Bruce Makowsky. Generally, the property was up for sale for $26.5 million.
After he sold the house, he bought an Encino, Los Angeles property for $6.63 million. Furthermore, he drives a black Ferrari which suits his personality very well. The Ferrari which he rides is worth $256,550.
When he was living in a mansion worth $8.5 million, he paid about $163,625 for property taxes. Furthermore, from his $110 million net worth, he has to pay $39,935,489 for Federal, $2,647,821 for FICA, $9,198,222 for State and $4,254,283 for Local tax.
Talking about his car insurance, he has to pay about $1,426 per year or $713 per six-month policy ($118.63 per month).
Martin Lawrence was born Martin Fitzgerald Lawrence on April 16, 1965, in Frankfurt, Hesse, West Germany. When he was born his father John Lawrence was serving in the U.S. military at the time. He was born fourth of six children.
When Martin was seven, his father left the military and the family moved from Germany back to the United States. Later in 1973, his parents got divorced.
To support his family, his mother Chlora (nee Bailey) took several jobs, including as a sales representative and cashier at various department stores.
Talking about his education, he attended Eleanor Roosevelt High School and also Friendly High School.
Martin Lawrence has been married twice in his life. His first married to Patricia Southall, a former Miss Virginia USA in 1995. They also share a daughter named Jasmine Page who was born on January 15, 1996. Unfortunately, they divorced in 1997.
On the same year, he began to date Shamicka Gibbs. After staying in a relationship for more than a year, they tied the knot on July 10, 2010, in Beverly Hills. The couple is blessed with two children Iyanna Faith and Amara Trinity. Again, he began to experience marital problems and ended up getting divorced.
Besides, he was also engaged to the actress Lark Voorhies in 1993.