The most admired personality over the last three decades, Tim Allen’s net worth is a staggering $100 million.
He made his riches mostly through various TV jobs and as a director and voiceover actor. He previously worked for the ABC and Fox networks.
His multifaced career has contributed highly to his skyrocketing affluence.
Earning From TV Shows
Tim started his career in the entertainment industry as a stand-up comic.
In 1991, he landed in the sitcom “Home Improvement,” which aired on ABC. That series ran until 1999. Allen received an estimated $1.25 million every episode.
Allen’s yearly income is estimated to be about $40 million.
Similarly, his salary for his role in “Last Man Standing” is now reported to be around $235,000 each episode.
It’s also a show that began on ABC but was subsequently taken up by Fox owing to ABC’s lack of interest in continuing the series.
Since Allen’s primary job is on the small screen, income generators like syndication and reruns provide a consistent stream of money for many years to come.
As “Home Improvement” and “Last Man Standing” continue to be replayed and repeated on various cable networks, Allen is undoubtedly earning a steady income.
Earning From Voiceovers
Aside from his TV appearances, Tim also blended his voice, particularly for the Toy Story saga.
His initial attempt netted him $500,000; Toy Story 2 increased that figure to $5 million.
On the other hand, the third Toy Story earned the star a remarkable figure of $22 million.
He was working on several projects that year, so this might include other initiatives he was receiving money from throughout the documented year (2011).
There is no news on whether he receives any backend earnings from the sale of Toy Story products, although this is more than possible.
Since Tim is expanding his ventures and expertise, we can safely assume that his net worth might skyrocket in upcoming years.
Tim Allen Net Worth in Different Currencies.
Let’s look at Tim Allen’s Net worth in different currencies, including the Cryptocurrency Bitcoin.
Currency
Net Worth
Euro
€ 88,451,500
Pound Sterling
£ 773,857,500
Australian Dollar
A$ 139,551,800
Canadian Dollar
C$ 127,277,500
Indian Rupee
₹ 7,438,600,000
BitCoin
฿ 2,333
Tim Allen | Houses and Cars
Houses
Tim Allen’s net worth as of June 2023 is a whopping $100 million.
Allen’s real estate appears to be minimal for someone with a net worth of $100 million.
Throughout his career, he has purchased and sold a few luxurious estates.
He sold a property in Hollywood Hills for $1.75 million in 2016, just two years after purchasing it for $1.40 million.
His most recent purchase is a modest $1.4 million Los Angeles retreat off Mulholland Drive.
Cars
Tim Allen’s character on the famous television show Home Improvement was known for his love of automobiles and tools.
Coincidentally, Tim Allen also has a passion for vehicles in real life.
Allen is a die-hard Chevy fan, and he has a fleet of them.
Tim Allen’s Corvette ZR1 is one of the fascinating automobiles in his collection.
Similarly, the Dodge Challenger Demon has been regarded as one of the most exciting new power vehicles.
It has prominent celebrity owners, so it’s no surprise that Tim Allen wanted to get his hands on one of these cars as well.
Volkswagen Beetle Owned by Tim (Source: Pinterest)
Similarly, his garage houses Volkswagen Beetle, 1964 Chevrolet Chevelle SS, Chevrolet Volt, and 1956 Ford F-100 Custom Pickup.
He also owns a 2004 Porsche Carrera GT, a 1971 Volkswagen Karmann Ghia, a 1950 Cadillac 60 Series, and a Ford Mustang Shelby GT350R.
Even though we have only mentioned a few of his vehicles, he has a large fleet collection that can compete with any other car enthusiast.
Allen started to perform at the Comedy Store in Los Angeles after a short stint in prison for a drug-related incident.
Similarly, Tim also appeared on the cable comedy series ‘Some Semblance of Sanity.’ Tim moved to Los Angeles and started performing at “The Comedy Store,” which boosted his confidence.
He gradually began to appear on late-night talk shows. In 1991, he was cast in Home Improvement. Which then became ABC Network’s number one show.
Tim With Home Improvement Cast (Source: Pinterest)
A couple of years later, Tim appeared as Santa Clause in Disney’s The Santa Clause.
Furthermore, Allen also lent his voice as the iconic Buzz Lightyear in Pixar’s Toy Story franchise. In 1997, he appeared in another Disney production, Jungle 2 Jungle.
His other movies include Galaxy Quest, Christmas with the Kranks, Zoom, Wild Hogs, and many more.
Allen has been a regular on the ABC sitcom ‘Last Man Standing‘ since 2011.
Tim took a temporary break from movies due to his TV commitments but returned in 2017 with Netflix’s black comedy feature ‘El Camino Christmas.’
Two years later, he reappeared in the role of ‘Buzz Lightyear’ in the fourth edition of the ‘Toy Story franchise, ‘Toy Story 4.’
Books Publications
Tim has also dabbled in book writing and has become a published author over his career.
In his book, he covers his prison sentence and popular television series and advises on love, career, and life in general.
Don’t Stand Too Close to a Naked Man (Source: Amazon)
He also published another book,I’m Not Really Here, which also garnered considerable admiration.
Both of his books were New York Times bestsellers, with the latter spending 17 weeks on the Publishers Weekly bestseller list.
Tim Allen | Career
Allen’s life was quite tough before he became an actor. He had a troubled childhood and teenage.
After completing his bachelor’s degree in television and radio production, he began selling narcotics. He then went to work at a sports goods store.
Tim Allen’s comic career began when his friends challenged him to do stand-up at Comedy Castle, a ckub in Detroit.
That was in 1975, and young Tim Allen had no idea that would be the beginning of a life-long career in the comedy industry.
After years of struggling as a stand-up comedian in Los Angeles comedy clubs and acting in small-time cable series and television commercials, Allen had his big break with ABC’s sitcom ‘Home Improvement.’
The eight-year-long series sparked Allen’s acting career and established him as a Hollywood actor and comic.
Since then, he has reached a significant milestone in his career and has established himself as one of the prominent figures in the entertainment industry.
One of his major accomplishments has been his ability to distance himself from his narcotics. He’s been sober for almost 21 years.
Tim may eat healthily, but that doesn’t stop him from indulging in fast food occasionally. He likes Burger King’s chicken sandwich on a long bun with mayonnaise.
Given his background with Home Improvement and the fact that he has virtually lived on ABC and Fox, this isn’t too difficult to believe. He compares streaming services like Netflix to processed food, whereas cable to “fresh” television.
FAQs
Why is Tim Allen no longer seen in Hollywood movies?
Tim Allen may have appeared in fewer major Hollywood films since he is currently working as a director. After gaining experience directing Home Improvement, he directed Crazy On the Outside in 2010.
Are Richard Karn and Tim Allen still good friends?
The show Home Improvement may have ended more than 20 years ago, but Tim and Richard’s relationship is still going strong. The two buddies have stayed in touch and maintained their connection to date. They also mention each other in their tweets every once in a while.
Is Tim Allen still married to Jane Hajduk?
Yes, Tim is still married to his wife, Jane Hajduk. The couple is having a fantastic time together, and there is no sign of tension or anything that may separate them.
An undergrad student majoring in business and finance, having an interest in sports, finance, and travel. Writer for Genius Celebs. I love exploring new places and interacting with new people.
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