Tom Hanks’ “Act Now and Get Paid Later” Method Earned Him $100 Million From 2 Oscar Winning Movies

Hollywood veteran Tom Hanks claimed astounding $100 million paychecks in two Oscar-winning movies.

Tom Hanks' "Act Now and Get Paid Later" Method Earned Him $100 Million From 2 Oscar Winning Movies

SUMMARY

  • Tom Hanks used ‘act not get paid later’ in several movies in his career.
  • Forrest Gump and Saving Private Ryan earned the actor a whopping $100 million.
  • Hanks helped the Forrest Gump director financially to shoot a few scenes.
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Tom Hanks established himself as one of the most versatile acting legends in Hollywood appearing in a ton of remarkably successful movies. The actor, however, had different methods for his salary in movies, in some he was paid upfront while in most projects he used a different approach that earned him a fortune.

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Tom Hanks in Forrest Gump
Tom Hanks in Forrest Gump. Credit: Paramount Pictures

The actor, in most parts of his career, has produced inherently successful movies. The Hollywood veteran is not just a vehicle for commercial success but his acting prowess almost easily impresses the critics which opens the corridors for his accolades.

Also read: “That means nothing to me”: Tom Hanks Was Ruthlessly Dismissed By a 10-Year-Old Girl After Veteran Actor Kept Dropping Names

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A Special Method Of Tom Hanks’ Earning From Movies

Tom Hanks in Saving Private Ryan
Tom Hanks in Saving Private Ryan. Credit: Paramount Pictures

Tom Hanks’ success is the result of his choice of remarkable scripts and his 100 percent effort to serve justice to the character he plays. Given Hanks’ cinematic prowess, many fans might wonder about his enormous fortune. Currently, Hanks has a net worth of $400 million (per Celebrity Net Worth). 

Interestingly though, Hanks has followed an ‘act now and get paid later’ method that, in most cases, earned him a substantial amount of money. Especially, two of his Oscar-winning movies— Forrest Gump and Saving Private Ryan

Hanks earned an estimated $60 million from Robert Zemeckis’ 1994 romance drama, Forrest Gump taking a cut from the box office that grossed over $680 million worldwide. Hanks played slow-witted Forrest Gump running around his wonderful journey of life.

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Hanks’ Captain Miller in Steven Spielberg’s Saving Private Ryan also earned him a huge paycheck as he followed a similar method. The 1998 war drama grossed over $482.3 million and Hank walked away with around $30-40 million in his pocket. Both movies combined, the actor earned a whopping $100 million.

Also read: Tom Hanks Originally Had an Awful Idea For a Movie That Landed Him in Hospital and Nearly Killed Him With an Infection

Tom Hanks Said He Paid For A Scene In Forrest Gump

Tom Hanks in Forrest Gump
Tom Hanks in Forrest Gump. Credit: Paramount Pictures

Hanks made an astounding revelation when he opened up about the details of what happened behind the scenes of Forrest Gump. The actor revealed that he helped the director Zemeckis backing him with financial aid when Paramount Studios tightened the movie’s budget. In one particular scene, Gump’s classic running across the country was deemed too expensive by the studio and the director turned to Hanks for that.

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“And he said, ‘Well, this run is going to cost X amount of dollars.’ And it wasn’t cheap. And I said, ‘OK’. He said, ‘You and I are going to split that amount, and we’re going to give it back [to Paramount]. We’ll give you the money back, but you guys [Paramount] are going to have to share the profits a little bit more.’ Which the studio said, ‘Fabulous, great. OK.’ And it was good for us, too,” Hanks said on In Depth With Graham Bensinger (via The Hollywood Reporter).

Hanks helped the director in some other scenes as well. He even confronted the studio for a scene when they refused to film it as it was too risky and the insurance wouldn’t cover it. Hanks insisted that he’d cover his insurance himself. Regardless, the movie turned out to be a masterpiece and Hanks won an Oscar for his role.

Also read: “It’s the best work I’ve ever done”: Tom Hanks Considers His One Movie to Be His Favorite That Was Mauled by Critics When It Got Released

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Written by Lachit Roy

Articles Published: 946

Lachit Roy is a seasoned writer specializing in science and entertainment news. Armed with a postgraduate degree in Mass Communication and Journalism from Tezpur University, he brings a wealth of knowledge and skill to his craft.

Lachit is particularly passionate about crafting engaging content on entertainment news and trends. A dedicated movie enthusiast, he possesses an in-depth understanding of the cinematic world and takes joy in disseminating the latest updates to the global fandom. When not immersed in writing, Lachit can be found indulging in his love for movies and series, occasionally tending to his garden, but predominantly expanding his expertise in the realms of his interests.