Kevin Bacon Net Worth: Age, Wife, Movies [2023]

January 22nd, 2023

Kevin Bacon Net Worth
Net Worth $45 Million
Age 64 years old
Born Born Jul 8, 1958
Gender Male
Height 5 ft 10 in (1.79 m)
Country of Origin America
Source of Wealth Acting, business, singing, advertisements and promotion
Wife Kyra Sedgwick

Kevin Bacon is a well-known American actor for his roles in films such as Footloose, Animal House,” “Diner, Mystic River, and Apollo 13. Aside from his acting career, Bacon has also succeeded in the music industry as a member of the band The Bacon Brothers, which has released six albums.

Many people often ask: what is Kevin Bacon’s net worth, and how does he makes all his money? Before suffering significant losses from the Madoff scam, Kevin Bacon’s estimated net worth was over $100 million. Now, his net worth is estimated to be around $45 million.

Read on to learn more about Kevin Bacon’s net worth and how he made his fortune.

Personal Life

Born in 1958 in Philadelphia, Pennsylvania, Bacon is the youngest of 6 children. His father, Edmund Bacon (1910–2005), was a professional urban planner who held the position of executive director of the Philadelphia City Planning Commission for many years and wrote the influential book Design of Cities. On the other hand, his mother, Ruth Hilda, was an educator at an elementary school.

From a young age, Bacon had a strong passion for acting and worked to perfect his craft through various training programs such as the Manning Street Actor’s Theatre, the Pennsylvania Governor’s School for the Arts, and the Circle in the Square Theatre School in New York City.

Career

At the age of 17, Kevin Bacon decided to pursue his passion for theater acting by moving to New York City. Although he experienced some early successes, his career didn’t advance as fast as he desired, despite a prominent role in the motion picture National Lampoon’s Animal House.

He worked as a waiter to make ends meet and took on various roles in soap operas. However, it wasn’t until the 1980s that his career truly took off. He began with a role in the horror film Friday the 13th and went on to take on important theater roles in significant productions.

In 1982, he made his Broadway debut in Slab Boys and also appeared in the film Diner, which finally put him on the radar of movie critics and solidified his status as a rising star in the industry. Kevin Bacon’s breakout role in Footloose earned him critical acclaim, as he reportedly attended a local high school using a fake name to gain insight into teenage behavior. However, his success in the film also had its drawbacks.

In an effort to avoid being typecast, Bacon declined roles that resembled his previous performances in Diner and Footloose. This ultimately resulted in fewer opportunities and decreased success in the following years.

In the 1990s, Kevin Bacon experienced a resurgence in his career with notable roles in films like Flatliners and Tremors. However, he realized that he wouldn’t be able to sustain a career as a traditional leading man and instead shifted his focus to becoming a character actor.

As a result of this decision, Kevin Bacon went on to star in some of his most iconic and memorable roles in films such as A Few Good Men and JFK. He then dedicated several years to balancing his theater work with critically acclaimed film roles in movies like Apollo 13, Murder in the First, Picture Perfect, and Sleepers.

In addition to his film work, Bacon starred in a series of commercials for the UK-based EE mobile network. The campaign focused on the concept of “the six degrees of Kevin Bacon” and highlighted his wide range of film roles.

Kevin Bacon Earnings Overview

As of 2023, Kevin Bacon’s net worth is estimated to be $45 million, which includes income from his acting roles and his production company, Bacon & Co. He has had a successful career in Hollywood. He has also ventured into directing and producing.

Bacon has also made appearances on Broadway and TV, showcasing his versatility as an actor. However, it should be noted that this net worth figure also includes the earnings of his wife, Kyra Sedgwick, to whom he has been married since 1988.

At one time, Bacon had over $100 million net worth until his involvement with the fraudulent financier Bernie Madoff. Many other famous individuals, including Bacon and his spouse, had invested heavily in the Ponzi scheme and incurred losses in the millions of dollars.

It has been reported that the Madoff Victim Fund has reimbursed over $4 billion to the over 40,000 victims of Madoff’s scheme. This includes an undisclosed sum that Bacon and his wife were able to recover.

Education

Kevin Bacon was a student at the Julie Masterman Laboratory and Demonstration School in Philadelphia. He also honed his acting skills at the Pennsylvania Governor’s School for the Arts in 1974, where he fully immersed himself in his passion for the performing arts.

He honed his craft at Manning Street Actor’s Theatre in Philadelphia before moving to New York City to attend the Circle-in-the-Square Theatre School.

Family (Wife, Children)

Kevin Bacon and actress Kyra Sedgwick have been happily married since September 4, 1988. Throughout their marriage, the couple has starred in several films, including Pyrates, Murder in the First, Loverboy, and The Woodsman. They are the parents of two children, Sosie Ruth, and Travis Sedgwick.

Kevin Bacon’s Houses & Cars

1. Houses

Kevin Bacon has invested a significant portion of his wealth into various properties throughout the United States. In the 1990s, he and his wife purchased a 40-acre property in Sharon, Connecticut, which they still own. In addition, they also possess a luxurious penthouse apartment in the bustling metropolis of New York City.

2. Cars

Little is known about his cars, but he has been frequently seen driving a black Mercedes-Benz S Class. In the past, he has also owned a 1969 Ford Bronco and a Toyota Prius.

Recently, he made an appearance on Jay Leno’s Garage in 2021 and went on an off-roading adventure in a brand new 2021 Ford Bronco.

Kevin Bacon’s Movies, Investments, & Endorsements

1. Movies

Kevin Bacon is an accomplished actor known for his diverse filmography. Some of his notable films include Footloose (1984), A Few Good Men (1992), JFK (1991), Apollo 13 (1995), and Mystic River (2003).

In addition to these films, Bacon is also recognized for his voice acting in the animated film Balto (1995), Sleepers (1996), and The Woodsman (2004).

He has also starred in several hit comedies,

  • Crazy, Stupid, Love (2011)
  • Diner (1982)
  • National Lampoon’s Animal House (1978)
  • Tremors (1990)

Other notable films in his career include:

  • Black Mass (2015)
  • Flatliners (1990)
  • Friday the 13th (1980)
  • Frost/Nixon (2008)
  • Hollow Man (2000)
  • Patriots Day (2016)
  • Stir of Echoes (1999)
  • The River Wild (1994)
  • Wild Things (1998)
  • X-Men: First Class (2011)

2. Investments

As a successful businessman, Bacon owns multiple Philadelphia and New York City properties. Alongside his real estate ventures, Bacon is also a notable figure in the virtual reality sector.

He was among the initial investors in Facebook and continues to invest actively in companies such as Meta (formerly Facebook), Oculus, and Apple.

3. Endorsements

Throughout his career, Kevin Bacon has been associated with a number of different brands and companies. In 2021, he teamed up with Visible, a digital-only wireless provider in the United States that is powered by Verizon, to promote their “12 Degrees of Kevin Bacon” campaign.

In the past, Bacon has also been a part of other major advertising campaigns, such as the EE mobile network in 2012. Additionally, he has been a spokesperson for brands such as Hanes underwear, the VISA Check Card, Logitech Revue, and the Support Our Troops campaign of FOX TV.

Furthermore, Bacon has made appearances in commercials for the 2014 Buick LaCrosse and 2014 Buick Encore.

Awards & Achievements

Bacon has achieved many notable accomplishments in his career. In 2003, he received recognition for his contributions to the entertainment industry by being awarded a star on the Hollywood Walk of Fame. Furthermore, he achieved a triple honor in 2010 by receiving two Screen Actors Guild Awards and a Golden Globe Award.

Despite not receiving an Academy Award nomination, Bacon has received numerous other award nominations and has been recognized as a talented actor by various outlets, including The Guardian, who named him one of the best actors without an Academy Award nomination in 2009.

How Does Kevin Bacon Spend His Money?

Kevin Bacon resides in a luxurious penthouse located in the affluent Upper West Side neighborhood of Manhattan, where he enjoys a comfortable lifestyle with his family. They also own a luxurious home in Los Angeles and divide their time between LA, New York, and their farm in Connecticut.

Despite losing a significant amount of money in a scam, the couple remains among the wealthiest in Hollywood.

Kevin Bacon’s Instagram | Facebook | Twitter

Summary

This piece provides comprehensive information about Kevin Bacon’s net worth, income, career, and personal life. With a career that has lasted for over four decades, Kevin Bacon continues to showcase his exceptional acting abilities.

He has established himself as a highly-skilled performer through his performances in a diverse range of films, cementing his reputation as one of the most talented actors of his generation. As a highly respected performer, he has amassed a significant fortune, with an estimated net worth of around $45 million.

We hope you found this information useful! Also, be sure to check out other articles to learn more about celebrity net worth.

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