A college professor who is an esteemed American director, producer, writer as well as actor, Spike Lee is a man of many talents. Since 1983, Spike Lee’s net worth only went high up since he had produced over 35 films under his own production company. Films like “She’s Gotta Have It” (1986), “Do the Right Thing” (1991), and “Malcolm X” (1992) are a few of the most prominent films that fans love. But what is the true secret behind Spike Lee’s net worth? How did Spike Lee’s net worth help in making such an empire for him? Read about Lee’s life story to know everything about this star. Also, check Ben Gordon Net Worth
Spike Lee’s net worth is beyond apprehension. Currently, Spike Lee’s net worth is $50 million. He had made quite huge figures like $3 million from “Malcolm X” and various royalties from movies like “25th Hour,” “Summer of Sam,” “Inside Man” and more.
He never fails to make the most of his earnings. Spike Lee’s net worth allowed him to buy a posh 9000-square-foot townhome in the luxurious Upper East Side of Manhattan. He bought it for $4.75 million in 1998 which is now valued at $30 to $40 million.
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Spike Lee’s Early Life
Jacqueline and William Lee welcomed Shelton Jackson Lee aka Spice Lee on 20th March 1967. His mother was known for teaching arts and black literature whereas his dad was a passionate jazz musician and composer. In his lovely family, he had three younger siblings namely David, Cinque, and Joie. In fact, it was his mother who gave him the nickname Spike.
Though Spike Lee’s net worth at the early stage never made him repent, he always aspired to be big. When his family shifted to Atlanta from Brooklyn, Spike attended John Dewey High School. He was proud of his culture and got admitted to the famed and historic black college, Morehouse College. As a matter of fact, he created the very first film as a student, “Last Hustle in Brooklyn”. The star completed his B.A. in mass communications and proceeded to take a Master of Fine Arts (MFA) in film and television. He got a degree from the Tisch School of the Arts in 1978.
The visionary creator got the chance to showcase his very first student film at the prestigious Lincoln Center’s New Directors/New Films Festival.
Spike Lee’s Career
Spike Lee’s net worth was just one of the stops on his path to success. With only a budget of $175,000, he made his first-ever feature film “She’s Gotta Have It” (1986). The film had a small budget but it made around $7 million singularly at the U.S. box office. His talent was established and then, he made “Do the Right Thing” which got an Oscar nomination for Best Original Screenplay. Despite making a good figure of Spike Lee’s net worth, he proceeded to invest in his films.
Spike released films including “Mo’ Better Blues” which was controversial. His documentary “4 Little Girls” got another Academy Award nomination under the segment Best Feature Documentary. With Spike Lee’s net worth, he started his dream production company “40 Acres & A Mule”.
His contributions have been recognized and thus, in May 2007, he was felicitated with the San Francisco Film Society’s Directing Award. He usually bases all of his films in Brooklyn and at times, you might have seen Spike doing several cameo films. Most of Spike’s films highlighted race issues, colorism, urban crime and poverty, and several other political issues in the black community.
As Spike Lee’s net worth kept growing and so did his reputation. He was honored with Academy Honorary Awards in 2015 for making tremendous contributions to the film industry. As a matter of fact, his film, “BlackKkKlansman” was awarded the Grand Prix at the grand Cannes Film Festival in 2018. For the same film, he got a nomination for the categories Academy Award for Best Picture and Best Director. And luckily, the director got his first-ever Academy Award for Best Adapted Screenplay.
Spike Lee’s net worth didn’t stop him from teaching aspiring students. He became a professor of filmmaking at the renowned Harvard University. Spike even returned to his educational institution, Tisch School of Arts to teach film programs. Besides, he even used his expertise in multiple leading brands’ commercials such as Jaguar, Ben & Jerry’s, Taco Bell, and Converse.
Spike Lee’s Personal Life
Spike loves his wife attorney Tonya Lewis with who he tied the knot in 1993. The couple initially met in 1992 and within a year, they figured out that they are meant for each other. After a year of marriage, they had Satchel in 1994 and then later Jackson in 1997.
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Jessa Martin is the author of Nogmagazine, A professional in writing by day, and novelist by night, she received her bachelor of arts in film from Howard University and her master of arts in media studies from the New School. A Brooklyn native, she is a lover of naps, cookie dough, and beaches, currently residing in the borough she loves, most likely multitasking.