Known for his rugged good looks and irresistible charm, actor Burt Reynolds dominated box offices during the late 1970s and 1980s. Reynolds turns 81 years old on Feb. 11, and the iconic actor still maintains a seriously impressive filming schedule.
Get the details on the career and personal life of this Hollywood icon — whose net worth just might surprise you.
Burt Reynolds’ Net Worth: $5 Million
Considering that he enjoyed a five-year run as the world’s top box-office draw from 1978 to 1982, it’s a little surprising that Burt Reynolds’ net worth is just $5 million, according to Celebrity Net Worth. He earned roughly $10 million per year at his peak, according to Vanity Fair, which allowed him to bounce back from his financial woes.
Burt Reynolds’ Investments
“I’ve lost more money than is possible because I haven’t watched it,” he confessed to Vanity Fair in 2015. “I’ve still done well in terms of owning property and things like that. But I haven’t been somebody who’s been smart about his money.”
Failed entrepreneurial efforts also contributed to his dire cash flow situation, including investing $20 million in 30 Po’ Folks restaurants during the 1980s. When he and co-investor Buddy Killen realized their business was failing, they got in even deeper by parlaying their losses into Daisy’s Diner, another disappointing chain. The restaurant investments ultimately cost each of them $20 million.
In his heyday, Reynolds had an expansive real estate portfolio, a private jet, a helicopter, several custom-made sports cars, 150 horses and a toupee collection valued at more than $100,000. But his money ran out in 1996, when he filed for Chapter 11 bankruptcy protection, in which he cited $6.6 million in assets and $11.2 million in debts.
Burt Reynolds’ Movies
Burt Reynolds’ age isn’t holding him back. The Hollywood legend will star in at least two movies in 2018: “Defining Moments” and “Shadow Fighter.” This follows a busy 2017 that included five movies and a guest-starring role on the television series “In Sanity, Florida.”
In total, his illustrious career includes nearly 200 acting credits. One of the “Deliverance” actor’s most celebrated works is his starring role in the television series “Evening Shade,” which earned him a Golden Globe and an Emmy. His performance in the film “Boogie Nights” also scored him a Golden Globe win and an Oscar nomination.
Burt Reynolds’ Personal Life
Despite the success of Burt Reynolds’ movies, his love life has been anything but picture-perfect. His relationships include two marriages: to actress Judy Carne from 1963 to 1966 and to actress Loni Anderson from 1988 to 1993. In 1988, he and Anderson adopted their son Quinton Anderson Reynolds, who is the actor’s only child.
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Burt Reynolds’ Divorces
Reynolds’ split from Anderson is considered one of the messiest Hollywood divorces of all time. The duo publicly hurled nasty allegations at one another, in which she accused him of having a prescription drug habit and claimed he physically abused her. Among many accusations, he claimed she was an unfaithful wife with an expensive shopping habit.
After the split, Reynolds and Anderson each wrote an autobiography to tell their side of the story. In his book, “My Life,” Reynolds claimed Anderson spent $10,000 per month on clothes and once maxed out a new platinum American Express card with a $45,000 limit in a matter of hours.
As part of their divorce settlement, Reynolds bought Anderson a $1.9 million mansion and agreed to pay the $9,000 monthly mortgage, according to the Los Angeles Times. The final amount of child support he was ordered to pay for Quinton wasn’t publicly revealed — but was $15,000 per month in 1994.
Reynolds also agreed to pay Anderson $234,794.13 as part of the divorce settlement, according to TMZ. He still owed her $97,000 when he declared bankruptcy in 1996. The tab went unpaid until 2014, when she went to court and the judge ordered him to pay up with interest — which swelled the total to $154,520.90. Loni Anderson’s net worth is $12 million — more than twice that of her ex-husband’s.