What is Lin-Manuel Miranda's Net Worth and Salary?
Lin-Manuel Miranda is an American composer, librettist, lyricist, actor, and rapper who has a net worth of $90 million. Lin-Manuel Miranda is probably best known for his successful career in the world of Broadway musicals, namely 2015's "Hamilton," and he has won many awards during his career. A multi-talented artist, Miranda wins critical acclaim whether he's acting on stage or pulling the strings behind the scenes.
Early Life
Lin-Manuel Miranda was born on January 16th of 1980 in New York City. Raised alongside one sister by parents with Puerto Rican roots, he visited the nation of his family's heritage at least once a year while growing up. Miranda first became passionate about musical theater during high school, when he began writing his own musicals.
How much is Viola Davis Worth? Unveiling the Astonishing Net Worth of Viola Davis.After graduating from high school, Lin-Manuel moved on to Wesleyan University. During his sophomore year, he penned the early draft for "In the Heights." His school's theater department accepted the play, and it was performed for the first time in 1999 by Wesleyan University. During his time at college, Miranda wrote other plays and acted in many of the school productions.
Career
By 2002, Miranda was ready to bring "In the Heights" to life on the professional stage. He teamed up with Thomas Kail, an experienced theater director to make it happen. Miranda and a team of other individuals tweaked the script as it was performed off-Broadway, and by 2008 they were ready to debut the musical on Broadway for the first time.
How much is Winona Ryder really worth? Unveiling her surprising net worth figures.Soon enough, "In the Heights" had been nominated for 13 Tony Awards, taking home four – including Best Musical and Best Score. In addition, "In the Heights" won a Grammy for Best Musical Theater Album. In addition to writing the play, Lin-Manuel also played the lead role of Usnavi in the play and earned significant critical praise as a result.
Over the next period, Miranda took the play to Los Angeles, once again playing the lead role. He also wrote other plays, including those in the Spanish language. Because he was now a famous figure in the entertainment world, he was invited to contribute songs to various musicals and he also started to appear in television series. In 2007, he appeared in episodes of "The Sopranos," "House," and "Sesame Street." With all that said, Miranda was still working as an English teacher at his old high school. He also supported himself by composing music for various commercials.
How much is Elizabeth Olsen's Net Worth? Discover the Surprising Figures Here.Over the next period, Lin-Manuel also established himself as a rapper. As far back as 2003, he founded the hip-hop improv group Freestyle Love Supreme, and they began to tour around the world during the 2000s. They were also the subject of a TV show and a Broadway musical.
Earnings
Between June 2019 and June 2020, Lin-Manuel earned $45 million.
(Photo by Rich Polk/Getty Images for IMDb)
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By 2018, Hamilton had grossed $365 million. As of 2020, the show has grossed well over $500 million. As the sole creator, author, composer, and former star of Hamilton, Lin-Manuel Miranda is entitled to a 7% cut of the box office gross. According to various reports, this deal results in Miranda earning a $105,000 royalty check every single week while the show tours. That's around $5.5 million per year – with Miranda never lifting a finger. By 2017, these royalties had earned Miranda about $12.7 million.
To top it all off, in February 2020, Disney Paid $70 million for the movie rights to Hamilton.
Real Estate
In 2008, Miranda purchased a property for his parents in the neighborhood of Inwood in North Manhattan. His parents occupied the 1,125-square-foot apartment until 2013, and then it was put on the market for just under $1 million. In 2019, Lin-Manuel purchased the Drama Book Shop in New York City. Manuel wrote the original draft for "In the Heights" in the bookshop years earlier, and he bought the store to save it from going out of business.
Personal Life
Lin-Manuel Miranda married Vanessa Nadal, a high school friend, in 2010. The couple had two sons together. Miranda is the cousin of professional baseball player Jose Miranda.
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