What Is Tim Allen’s Net Worth and How Much Does He Make for ‘Last Man Standing’?
With two hit series and an impressive list of successful movies under his belt, Tim Allen has been making people laugh for decades. The funnyman got his start as a stand-up comedian at Detroit’s Comedy Castle and appeared in HBO’s Comedy’s Dirtiest Dozen in 1988. Just three years later, Allen had his own network television show, Home Improvement, which was one of the most-watched shows of the ’90s.
Allen has leveraged the success of Home Improvement into a fruitful career as a comedic actor, starring in films like The Santa Clause, Jungle 2 Jungle, and Christmas with the Kranks. Allen’s voice has also become recognizable through his notable voice work in the Toy Story franchise. In 2014, Allen gave network television another chance with ABC’s Last Man Standing.
Allen’s work on Home Improvement has made him one of the highest paid TV actors of all time and helped build his impressive net worth. Although it’s been 20 years since the show went off the air, Allen continues to earn large paychecks to this day.
What is Tim Allen’s net worth?
According to Celebrity Net Worth, Allen’s net worth is a whopping $80 million. The bulk of Allen’s earnings came from his time on Home Improvement, which ran from 1991 to 1999. When the show ended in 1999, Allen launched his film career, where he continued to take home sizable paychecks.
When Allen turned to the big screen in 1999, he took home $2 million for Galaxy Quest. His earning power had drastically increased by the time he filmed 2001’s Joe Somebody, however, taking home $12 million.
How much money does Tim Allen make from ‘Last Man Standing’?
Last Man Standing was canceled by ABC after six seasons in May 2017. Fans of the show were outraged and created a Change.org petition, demanding its revival. The petition collected nearly 500,000 signatures and attracted the attention of Fox, who signed the show for a seventh season. Season 7 aired in late September 2018.
Although the terms of Allen’s deal with Fox is unknown, he reportedly earned $235,000 per episode when Last Man Standing was on ABC, totaling $4.2 million per year.
How much has Tim Allen made from the ‘Toy Story’ movies?
Allen only earned $50,000 for Toy Story. However, the movie’s massive success meant a generous raise for the voice of Buzz Lightyear. When Allen returned for Toy Story 2, he received a $5 million paycheck. His Toy Story 3 earnings were more than the first two films put together, however, at $22 million.
How much did Tim Allen make from ‘Home Improvement’?
It’s unclear what Allen’s Home Improvement salary was from 1991 to 1996. However, he reportedly earned $200,000 plus executive consulting fees per episode from 1996 to 1998. With a total of 50 episodes airing between 1996 and 1998, Allen would have earned up to $10 million within that time frame — not a bad boost to his net worth. Allen also capitalized on his Home Improvement fame by releasing his own line of power tools, manufactured by Ryobi, in 1996.
In the show’s eighth and final season, Allen received an astronomical raise, making $1.25 million per episode. The final season contained 27 episodes, with Allen’s Season 8 earnings totaling $35 million. Home Improvement was canceled in 1999, with Allen’s total earnings reaching as high as $45 million.