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What Is Tim Allen's Net Worth?

Tim Allen gained significant recognition and financial success through his role in the television show "Home Improvement."

BY SAHIB PREET SINGH

PUBLISHED AUG 29, 2023

Name	Tim Allen
Net Worth	$100 million
Salary	$235 Thousand Per Episode
Annual Income	$10 million+
Sources of Income	Comedian, Acting, Voice Actor, Production and Endorsements
Gender	Male
Date of Birth	Jun 13, 1953
Age	70 years
Nationality	United States of America
Profession	Comedian, Actor, Voice Actor, Television Producer, Film Producer, Screenwriter, Film Director, Television Director

Tim Allen, the accomplished American actor renowned for his roles in film and television, boasts a substantial net worth of $100 million. With a prominent presence in contemporary comedy, Allen has garnered fame and fortune through his diverse performances. Additionally, he has showcased his talents as a stand-up comedian. Notably recognized for his appearances in acclaimed shows such as "Home Improvement" and "Last Man Standing," Allen's earnings reached impressive heights, earning millions during the peak seasons of "Home Improvement."

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What are Tim Allen’s sources of income?

Tim Allen garners his substantial income from a variety of sources. Primarily, his earnings stem from his prolific career in acting, spanning both film and television. Additionally, Allen has ventured into the realm of brand endorsements, capitalizing on his popularity to promote products and campaigns. These diverse streams of income collectively contribute to his impressive net worth.

Tim Allen's salary

Tim Allen gained significant recognition and financial success through his role in the television show "Home Improvement." During its peak, he earned a remarkable $1.25 million per episode, positioning him among the highest-paid TV actors ever.

His financial accomplishments extended beyond television. Allen's role in "Last Man Standing" earned him a substantial salary of $235,000 per episode, adding to his impressive earnings. Notably, he received $5 million for his voice work in "Toy Story 2" and $2 million for "Galaxy Quest." However, it's intriguing that he initially earned just $50,000 for his inaugural performance as Buzz Lightyear in the first "Toy Story."

Getty Images | Photo by Alberto E. Rodriguez

Brand endorsements

Apart from acting, Tim Allen has also earned income from brand endorsements and advertisements. He lent his voice to commercials for brands like Chevrolet Cruze and Campbell's Soup, enhancing his earnings.

Tim Allen’s assets

Tim Allen owns a stunning mansion in Los Angeles, California, which boasts luxurious amenities and breathtaking views. The mansion features spacious living areas, a state-of-the-art kitchen, a home theatre, and a lush outdoor oasis complete with a pool and entertainment space. In addition to his Los Angeles property, Allen has invested in various real estate ventures, including vacation homes in scenic locations.

A glimpse into his car collection as of 2022 reveals impressive additions, including a 1965 Shelby Cobra, a 1956 Ford F-100 customized by McLaren, and a 1966 Ferrari 330 GTC. Notably, the Ferrari alone boasts an estimated value surpassing $3,410,000.

Furthermore, Tim Allen's passion for aviation led him to become a licensed pilot, owning a fleet of private planes that reflect his fascination with flying.

Tim Allen's net worth over the years

2023	$100 Million
2021	$92 Million
2020	$83 Million
2019	$74 Million

Instagram	11.4K followers
Facebook	1.2 million followers
Twitter	1 million followers

Personal life

Tim Allen, born Timothy Alan Dick on June 13, 1953, in Denver, Colorado, has had a diverse life journey. He faced challenges early on, including the loss of his father at a young age and legal troubles in the late 1970s. Despite these setbacks, he pursued a successful career in comedy and acting.

Tim Allen's awards

Tim Allen has garnered recognition for his contributions to the entertainment industry. He received the Golden Globe Award for Best Actor – Television Series Musical or Comedy for his role in "Home Improvement" in 1995. He was also nominated for the same award in 1994 and 1996. Additionally, he has been nominated for Primetime Emmy Awards for his acting and voice work.

Allen's star on the Hollywood Walk of Fame was unveiled in 1998, acknowledging his significant achievements in film and television. His performances in various comedic roles have earned him a place in the hearts of audiences worldwide, solidifying his status as a beloved figure in the realm of entertainment.