Terrence Howard Net Worth: From Hustle and Flow to Empire
Terrance has a net worth of $4 million. The actor has been standing on business for a very long time, but it hasn’t always been that way. His iconic role as DJay in Hustle and Flow had the country singing, “It’s hard out here for a pimp.” However, he reported that he only took home $12,000 in profit from the film despite the film making $22 million at the box office. The hit TV show Empire paid him more per episode than his entire salary from his career-defining movie. He reportedly earned $325,000 per episode
Terrence Howard Early Life
Terrence Howard was born Terrence Dashon Howard on March 11, 1969, in Chicago, Illinois. His mother, Anita, was 15 when Terrence was born, and when he was two years old, he witnessed his abusive father, Tyrone, stabbing a man with a nail file during a trip to see Santa Claus at a Cleveland department store. The man died, and Tyrone served 11 months in jail for manslaughter. Terrence’s parents divorced after Tyrone’s release, and he spent his childhood in Cleveland with Tyrone and in Los Angeles with Anita.
Terrence Howard Career
Audiences were first introduced to Terrence in the ABC miniseries “The Jacksons: An American Dream,” in which he played Jackie Jackson. He had guest roles on the popular shows “Family Matters,” “Living Single,” “Coach,” and “Picket Fences” before finding success in 1995’s “Mr. Holland’s Opus” and “Dead Presidents.” From 1996 to 1998, Howard starred on the UPN sitcom “Sparks,” and in 1999, he appeared in “The Best Man,” which earned him an NAACP Image Award as well as nominations from the Black Reel Awards, Chicago Film Critics Association, and Independent Spirit Awards.
Terrence Howard Personal Life
Terrence was married to Lori McCommas from 1989 to 2003 and from 2005-2007. They had two daughters, Aubrey and Heaven, and a son, Hunter, together. Howard married Michelle Ghent in 2010, and in February 2011, Michelle filed for divorce. The divorce was finalized in 2013, and the following year, Ghent sued him for allegedly owing $325,000 in unpaid spousal support. Howard claimed that he was blackmailed into signing an unfair agreement and couldn’t pay because he was only making $5,800 per month.
He Suffers From Synesthesia
Those who have synesthesia may taste words, see sounds, or feel an impression on their skin when they smell particular scents; they may also see abstract principles like time forecasted in the space around them. With that said, Terrence Howard alleges he has synesthesia.
“But I’m a little different,” noted Howard. “I have synesthesia, so when I hear music, I see colors. And I hear numbers — I see they take shapes in front of me. And everyone … is born with synesthesia, up until about six months of age that’s when those areas of the brain that aren’t stimulated oftentimes go to sleep.”
Terrence Howard Awards, Achievements, and Their Financial Relevance
Terrence has earned numerous awards, including NAACP Image Awards and a Screen Actors Guild Award for Crash. Winning accolades not only bolstered his reputation but also increased his marketability, allowing him to demand higher salaries for future roles.
Major Acting Projects That Boosted His Earnings
One of his career highlights was starring as Lucious Lyon in the TV series Empire. In the final season alone, he earned $325,000 per episode, grossing $5.85 million for the season. Similarly, his performance in Iron Man reportedly earned him $3.5 million, making him the highest-paid actor in the film. However, disputes over salary and changes in casting for the Iron Man sequels limited his long-term financial benefits from the franchise. Still, these roles contributed significantly to his wealth.
Terrence Howard Endorsements and Business Ventures
In addition to acting, Terrence explored other ventures, such as releasing the music album Shine Through It and patenting jewelry designs. Although these endeavors didn’t match the financial success of his acting roles, they showcased his creativity and diversified his income streams.
Terrence Howard Challenges and Their Influence
Financial difficulties have shaped Terrence’s journey. Over the years, he faced IRS liens totaling more than $2.6 million. Legal disputes, including a lawsuit against his former talent agency, further complicated his finances. These challenges underscore the importance of managing wealth wisely in a volatile industry.
FAQs
What is Terrence Howard net worth?
Terrence Howard net worth is estimated to be $4 million, earned through his acting career, music, and business ventures.
How much did Terrence Howard earn from Hustle & Flow?
Despite Hustle & Flow grossing $22 million at the box office, Terrence Howard reportedly earned only $12,000 in profit from the film.
How much did Terrence Howard make per episode of Empire?
Terrence Howard earned $325,000 per episode of the hit TV series Empire.
What is synesthesia, and how does it affect Terrence Howard?
Synesthesia is a condition where one sense stimulates another. Terrence claims he can see colors when he hears music and visualize numbers as shapes.
What are Terrence Howard’s major achievements?
Terrence Howard has won several awards, including NAACP Image Awards and a Screen Actors Guild Award for his role in Crash. He also starred in major projects like Iron Man and Empire.
Conclusion
Terrence Howard’s journey from a challenging childhood to becoming a celebrated actor with a $4 million net worth is a testament to his resilience and talent. Despite financial hardships, legal disputes, and industry setbacks, he solidified his place in Hollywood with iconic roles like DJay in Hustle & Flow and Lucious Lyon in Empire. Beyond acting, his ventures into music and jewelry design reflect his creativity and entrepreneurial spirit.