Tim Allen Net Worth: Career & Earning

Tim Allen
Tim Allen (Source: Outsider)

An American comedian and actor, Timothy Alan Dick, known professionally as Tim Allen, has a net worth of a whopping $100 million.

Having spent nearly five decades of his career in the entertainment business, Tim Allen has garnered astonishing fortune and worldwide recognition.

He is perhaps best known for his portrayal of Tim “The Toolman” Taylor on the sitcom Home Improvement that aired on ABC.

The series ran from 1991 to 1999 and made Tim a household name across the world.

Tim Allen
Tim Allen (Source: POPSUGAR)

In addition to that, his part in the sitcom also made Tim one of the highest-paid TV actors globally.

Similarly, he starred in ABC/Fox sitcom Last Man Standing as Mike Baxter, which ran from 2011 to 2021.

So, basically, Tim has been able to splash his charm more on the small screen rather than on the silver screen, still appearing in some of his highest-grossing movies of all time.

Tim Allen | Quick Facts

Tom Allen’s net worth as of June 2022 is a staggering $100 million. Let’s get to know one of the richest TV actors in the world, Tim Allen, a bit better with some quick facts:

Birth Name Timothy Alan Dick
Known As Tim Allen
Nickname Tim Allen, The Tool Man, The Outdoor Man
Birth Date June 13, 1953
Age 69 Years Old
Birth Place Denver, Colorado, United States
Current Residence Los Angeles, California, United States
Nationality American
Ethnicity White American
Religion Christianity
Gender Male
Sexuality Straight
Zodiac Sign Scorpio
Father’s Name Gerald M. Dick
Mother’s Name  Martha Katherine
Siblings He has Two Older and Two Younger Siblings
Marital Status Married
Partner Laura Deibel (1978-2003), Jane Hajduk (2002-Present)
Children Elizabeth Allen Dick, Kathrine Allen
Weight 82 kg/182 lbs.
Height 5 ft. 10½ in/179 cm/1.79 m
Shoe Size 10.5 (US)
Built Slim
Hair Color Salt Pepper
Eye Color Blue
Distinctive Features Grey Hair, Prominent Nose, Blue Eyes
Education Seaholm High School, Central Michigan University, Western Michigan University
Profession Actor, comedian, author
Genre Observational Comedy, Blue Comedy, Physical Comedy, Character Comedy
First Film Tropical Snow (1988)
First TV Show ABC TGIF (1990)
Best Known For Home Improvement (1991-1999), Toy Story Series
Social Media Not Active
Brand Endorsements Chevrolet, Pure Michigan and Campbell Soup
Favorite NFL Team Detroit Lions
Net Worth $100 Million
Merchandise Signed Home Improvement Script Signed Toy Story Buzz Photo Signed Buzz Lightyear Photo
Last Update June 2022

Tim Allen | Net Worth, TV & Film Earnings

Net Worth

One of the best-known figures in the contemporary comedy, recognized for his roles in a range of films and TV shows, Tim Allen’s net worth as of June 2022 is a staggering $100 million.

Allen has garnered a massive fortune from his lucrative TV and film career and a bunch of endorsement deals.

He has spent nearly five decades of his life in the entertainment industry, making people laugh around the world, and has earned an astonishing fortune to live a comfortable life himself.

Allen has also lent his voice to several animated characters in blockbuster films earning a decent amount.

Similarly, book sales and royalties are other passive sources of income for the actor.

TV Earnings

As mentioned before, the actor starred in the ABC sitcom Home Improvement from 1991 to 1999.

The series not only made Tim famous but also made him one of the highest-earning TV actors of all time.

Tim Allen’s per episode salary during the peak of the sitcom was a staggering $1.25 million.

And the most incredible part is it was way back in the nineties, so if adjusted for inflation, that’s the same as earning $1.9 million today.

Regardless of the value of dollars back in time or today, Tim’s per episode salary is still the fifth-highest-paid in TV history.

His initial season’s salary, however, is not quite clear.

Home Improvement Cats
Home Improvement Cast (Source: The Dad)

Nonetheless, between 1996 to 1998, Tim received a per-episode salary of $200,000. With 50 episodes in total during the time frame, Tim would have earned around $10 million.

The final season of the sitcom contained 27 episodes in total. So Tim’s earnings from season 8 totaled $35 million.

The sitcom ended in 1999, with Tim’s total earnings reaching as high as $45 million.

Moreover, his per episode salary for Last Man Standing was $235,000.

The series bagged Tim a staggering $4.2 million each year during its run.

Film Earnings

In 1995, the first installment of the animated film Toy Story was released.

Tim voiced one of the major characters of Buzz Lightyear in the film, for which he was paid a mere $50,000.

However, with the massive success of the first installment of the film, in 1999, its sequel, Toy Story 2, was released.

This time Tim’s salary was bumped to $5 million, still a far cry amount from what he had in store for the future.

The third Toy Story bagged the actor a whopping $22 million, absolutely dwarfing his first and second film in the series.

In 2019, the fourth installment of the film was released.

Though the exact information about the stars salary has not been revealed, considering the success of the film and the amount it grossed at the global box office, it is safe to say that Tim made at least $25 million off the film.

But take that with a pinch of salt!

Tim is set to reprise his role in the fifth Toy Story, which will hit the theatre in 2023.

Aside from that, Tim appeared as Jason in the 1999 sci-fi/action film Galaxy Quest in 1999. His role in the film earned him $2 million.

Similarly, his salary in the 2001 comedy-drama Joe Somebody was a staggering $12 million.

Net Worth of Tim Allen in Different Currencies

Tim Allen’s net worth as of June 2022 is a whopping $100 million. Let’s have a look into his net worth in different currencies, including the infamous cryptocurrency BitCoin.

Currency Net Worth
Euro € 95.07 Million
Pound Sterling £ 81.25 Million
Australian Dollar A$ 141.95 Million
Canadian Dollar C$ 127.75 Million
Indian Rupee ₹ 7,811,755,000
BitCoin ฿ 3458.18

Tim Allen | Houses & Cars

Houses

As of June 2022, Tim Allen’s net worth is $100 million.

Tim Allen seems not much of a real estate kind of guy.

Given his vast fortune, his real estate holdings appear to be minimal, nothing extravagant.

According to public records, Tim purchased a 5,808 square feet mansion in California with three bedrooms and four bathrooms for $2.15 million in 1999.

Similarly, he purchased a house in Hollywood Hills in 2012 for $1.40 million, only to sell it four years later for $1.75 million.

Cars

Tim’s character Tim “The Toolman” Taylor in Home Improvement, is known for his love for automobiles.

Coincidentally, Allen is a car fanatic in real life, too, and loves collecting them.

To be more accurate, Tim has a thing for Chevy and owns a handful of them.

Tim Allen's Cars
Tim Allen’s Cars (Source: Motorious)

Some of the Chevys in his collection include the 1964 Chevrolet Chevelle SS and Chevrolet Volt.

Similarly, Tim’s garage also houses other cars such as Volkswagen Beetle, a 1956 Ford F-100 Custom Pickup, a 2004 Porsche Carrera GT, a 1971 Volkswagen Karmann Ghia, a 1950 Cadillac 60 Series, and a Ford Mustang Shelby GT350R.

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Tim Allen | Lifestyle

Tim Allen’s net worth as of June 2022 is a staggering $100 million.

The humorous Tim Allen leads a modest lifestyle despite having a net worth that can buy pretty much anything he wants.

Tim is the kind of man who thinks money does not buy happiness, and yet he still urges people to earn to provide for themselves and their families.

He has ridden both low and high tides of his life.

His modest lifestyle does not justify how much fun and crazy he is.

Tim has been into legal troubles several times over the years.

He was arrested at Kalamazoo/Battle Creek International Airport, Kalamazoo County, Michigan, for possession of cocaine of a little more than 650 grams on October 2, 1978.

Tim Allen's Mugshot for Cocaine Charge
Tim Allen’s Mugshot for Cocaine Charge (Source: Yahoo)

He pleaded guilty to drug trafficking charges. However, in exchange for a sentence of three to seven years instead of life imprisonment, he provided the names of the dealers.

After serving two years and four months in Federal Correctional Institution, Minnesota, he was paroled on June of 2981.

What’s more, Tim was charged with DUI in Birmingham, Michigan, in 1998.

With more than double the legal blood alcohol limit in the state of Michigan, he was sentenced to one-year probation.

The court also ordered him to enter a rehabilitation clinic for alcohol abuse.

Moreover, car fanatic Tim competed in endurance racing for Saleen in the 1990s.

As a matter of fact, he competed in 24 Hours Daytona in Saleen Mustang and completed 274 laps along with his team members of Saleen Allen Speedlab.

Tim Allen | Charity

Comedian and actor Tim Allen has been selflessly involved in philanthropic activities to help reduce homelessness.

He is actively involved in the national YMCA, a worldwide youth organization based in Geneva, Switzerland, and played a crucial role in refurbishing the YMCA facility in Los Angeles.

Similarly, the generous comedian auctioned his 1955 Chevy Nomad on eBay for the September 11th/Twin Towers Fund.

Moreover, he also participated in Nickelodeon’s “Big Help-a-thon.”

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Tim Allen | Books

Even though he is primarily known for his acting and voice-over works, Tim Allen is also a well-known name for millions of bibliophiles around the world.

He has published two of his written works, both of which successfully landed on the New York Times Bestsellers list.

In 1994, Allen published his first book titled Don’t Stand Too Close to a Naked Man. The book is about his outlook on love and life.

Don't Stand Close To A Naked Man
Don’t Stand Close To A Naked Man (Source: Amazon.in)

Similarly, it is a combination of a biography and a funny information guide.

In 1996, Allen published his second book, entitled I’m Not Really Here.

The book spent 17 weeks on the Publishers Weekly bestseller list.

In this book, Allen shares his observations on why things are the way they are while sharing his peculiar feelings about the meaning of life and his role in it.

Tim Allen | Career

Timmy had a rough childhood as his father died when Tim was 11 years old.

He obtained a bachelor’s degree from Western Michigan University in 1976.

Allen’s career in comedy began in 1975 when his friends dared him to perform at a Detroit club.

Lucky for him, everyone in the audience loved him.

Tim became so successful that he began appearing in cable comedy shows and TV ads.

After a few years of struggle and spending time in detention on drug trafficking charges, Allen got his big break in 1991 Home Improvement.

The show skyrocketed his fame and portfolio, ultimately landing him in several all-time highest-grossing films and TV shows.

As of June 2022, Tim Allen’s net worth is a whopping $100 million.

Unknown Facts About Tim Allen

  • Tim is open to reviving Home Improvement.
  • He loves Locos Tacos at Taco Bell
  • Tim is a supporter of the Republican Party.

FAQs

What is Tim Allen’s most famous movie?

Tim Allen’s most famous movie is Toy Story.

Who is Tim Allen’s wife?

Tim Allen has been married twice.

He divorced his first wife, Laura Deibel, in 2003 and married his current wife, Jane Hajduk, in 2006.

Is Tim Allen doing a new show?

Yes, Tim will host a new show, More Power, on History Channel along with fellow Home Improvement actor Richard Karn which will start on June 29, 2022.

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