American actor Paul Newman was a man of many talents and being successful as an actor, film director, producer, race car driver and businessman. His chief source of income was acting, but he was also known as an able entrepreneur. The Hollywood actor co-founded the food enterprise Newman’s Own and donated all royalties and post-tax profits from it to charity. Keep reading to know more about Paul Newman’s net worth.
Born on 26 January 1925 in a Cleveland suburb – Shaker Heights in Ohio, Newman died aged 83 because of lung cancer in Westport on 26 September 2008. His parents were Theresa and Arthur Sigmund Newman. His father, who was Jewish, had a profitable sports shop and his mother, who belonged to a Slovak Catholic family, looked after Paul together with his brother.
Paul was a recognized school actor and took part in many school productions. As a 7-year old kid, he made his first appearance on stage playing in Robin Hood of his school production. After his graduation from high school, Newman went to Ohio University. He studied in Kenyon College and also Ohio University, and earned his B.A. degree.
Paul Newman married twice. His first marriage with Jackie Witte continued from 1949 to 1958, and the couple had their son, Scott and daughters Stephanie Kendall and Susan. In 1957, Newman divorced Jackie and married Joanne Woodward in 1958. This marriage went on for 50 years until he died in 2008, while they had their daughters – Nell, Melissa and Claire.
Paul Newman began his career acting in theatre, and he gained some glory on Broadway and then made his first appearance in film with “The Silver Chalice”, which was very disappointing and received awful reviews from columnists. But he went on struggling to achieve his dream with strong faith in his talent and within a short time Newman obtained the roles that caused him to be a star. He acted in “Somebody Up There Likes Me” in 1950 and his way to success started since then.
In the 60s as well as 70s, Newman turned out to be one of the greatest stars. Also, Newman was the director for four films in which his wife Joanne Woodward acted. Newman played his last role in “Road to Perdition” in 2002 with Tom Hanks as a co-star.
To name of a few Newman’s big screen appearances the following can be mentioned: “Cat on a Hot Tin Roof”, The Color of Money” and “Cool Hand Luke”. As a recognition of his contribution towards films, Newman gained a series of awards comprising the Golden Globes, BAFTAs and Emmys.
Being an enthusiast of auto racing, Newman was a racer by profession and he won numerous championships. Besides, he was a team leader of auto race, and the team also earned a number of championships in open wheel IndyCar racing.
Awards & Achievements
During the course of his acting career, Newman gained one Academy Award in favor of his role in “The Color of Money”. Besides, he achieved eight nominations for the Academy Award, one BAFTA Award, one Cannes Film Festival Award, one Emmy Award, one Screen Actors Guild Award, and six Golden Globe Awards.
Net Worth of Paul Newman
Hollywood actor Paul Newman has a net worth of $50 million. He attained this net worth following a long-standing career as a film director, actor, race car driver and businessman. Newman was famous chiefly for two careers – one being his contribution to cinema industry and the other being his association with driving and racing. These careers have enhanced a good deal the total amount of his net worth.
Paul Newman was recognized as a lively hopeful person and he was one of the greatest natural actors at all times. For young actors that fancy to attain their stardom, Newman can act as a paradigm. Furthermore, Paul Newman was one of the greatly renowned American humanitarians. He starred in distinguished films like “Cat on a Hot Tin Roof”, “The Sting”, “Butch Cassidy and the Sundance Kid” etc. and earned a number of awards.