Mark Wahlberg has become an accomplished actor in Hollywood already a part of Oscar-nominated and winning films including Boogie Nights (1997), The Departed (2006), The Fighter (2010), and Lone Survivor (2013) to name a few. In addition to his successful Hollywood career, Wahlberg is also known for his various business-related and entrepreneurial activities. One will be surprised to know that he has a net worth of over $400 million, yet his box office returns and the salaries of his Hollywood career only constitute about 6% of the humongous empire that he has built over the years.
Mark Wahlberg has Invested in Many Successful Business Ventures
Actor Mark Wahlberg has several investments in various business ventures ranging from fitness to food, and clothing. He describes his love for the business and the entrepreneurial world in the documentary Wahl Street (2021) saying,
“I think, ultimately, at the end of the day, I’ve got the bug. I’ve got the bug for business, and I’ve got people who are, like, putting in parts of their life savings, and betting their future on me and us…So I’m going to work twice as hard to make sure that I am bringing something to the table that’s beneficial to other people.”
According to Entrepreneur, he launched his production company Closest to the Hole in 2004. Under the banner, the company has produced many films including the two Entourage TV and movie projects in 2004 and 2015 respectively. Both are based on Wahlberg’s early days in Hollywood. According to Celebrity Net Worth, he earned $3 million per year as an executive producer when the series ran from 2004 to 2011
Another significant investment is his burger restaurant chain called Wahlburgers. As of today, the business has spread to 50 locations and earning $100 million in annual revenue according to Entrepreneur.
Wahlberg invested in an electrolyte-based water company named Aquahydrate. He and his business partner in total invested around $20 million for this project. After being acquired by the company Alkaline Water, they started earning around $15.9 million in net revenue. He also founded a nutrition-based company called Performance Inspired that earns $4milion in annual revenue.
In 2019, Wahlberg started investing in a chain of gyms aimed at strategic fitness called the F45, which has already branched out across 74 countries. He owns 1.73% of the stakes of the company. He became the company’s chief brand officer in March 2023. The brand currently puts out $170 million in revenue whereas Mark’s stake is worth $36 million according to Celebrity Net Worth. He also signed a deal with the company AT&T to be their spokesperson in 2017 and earned $10 million from that. He also opened a car dealership called the Mark Wahlberg Auto Group in 2018 that has since branched out across the Ohio area.
Recently in 2020, he started investing in a clothing line named Municipal. He plans to put the focus on and create awareness of the brand through high school sports and athletes. The first Municipal store is set to open in California in 2023.
Also read: Mark Wahlberg’s Flecha Azul Has Tough Competition from 7 Other Celeb-Owned Tequila Brands
Mark Wahlberg’s Income Through His Movies
According to Market Realist, Mark Wahlberg receives an average of $10 million per film, and his annual salary is estimated at around $25 million. His highest paycheck was in Transformers: Age of Extinction (2014) where he received a whopping $17 million according to Celebrity Net Worth. Other high-earning paychecks include the films 2 Guns (2013), Shooter (2009), and The Truth About Charlie (2002) where he earned $10 million each.
Upcoming Films featuring Mark Wahlberg
Mark Wahlberg has three upcoming films lined up for release. First is the adventure film Arthur the King where he stars alongside Simu Liu. Next is the action thriller film for Netflix called Our Man from Jersey where he will be starring alongside Halle Berry. The third film will be the action comedy film for Apple TV+ called The Family Plan, starring alongside Michelle Monaghan.
Sources: Entrepreneur, Market Realist, Celebrity Net Worth
