What is Tim Allen's Net Worth and Salary?
Tim Allen is an American actor with a net worth of $100 million. Tim Allen started his career as a stand-up comedian in comedy clubs across the United States. His major breakthrough was his lead role in the hit sitcom "Home Improvement" (1991-1999) as Tim "The Tool Man" Taylor. The show was a huge success, turning Allen into a household name. During the peak seasons of Home Improvement, Tim earned $1.25 million per episode, making it the fifth-highest salary ever paid to a TV actor. He was later offered $50 million ($2 million per episode) for a ninth season, but the series ended after his co-star Patricia Richardson requested the same amount.
Following his TV success, Allen transitioned to film, starring in movies like "The Santa Clause" trilogy (1994, 2002, 2006), the "Toy Story" franchise (1995, 1999, 2010, 2019) as Buzz Lightyear, and "Galaxy Quest" (1999). He also starred in the sitcom "Last Man Standing" (2011-2021).
Allen has displayed versatility in both comedic and dramatic roles, earning numerous awards including a Golden Globe for "Home Improvement." He has written two books: "Don't Stand Too Close to a Naked Man" (1994) and "I'm Not Really Here" (1996).
Highest Paid Actor & Salaries
During the height of Home Improvement, Allen earned $1.25 million per episode, equivalent to $1.9 million per episode today. This makes him one of the highest-paid TV actors of all time. For Last Man Standing, he earned $235,000 per episode. Notable salaries include $5 million for Toy Story 2, $2 million for Galaxy Quest, and $12 million for Joe Somebody. He earned $50,000 for the first Toy Story.
In addition to acting, Allen earns from endorsements and advertisements. In 2009, he narrated the "Pure Michigan" commercials for Travel Michigan and in 2010 for the Chevrolet Cruze. He also promoted Campbell's Soup in their 2010 campaign.
Lost $50 Million Payday
In 1999, ABC offered Allen $2 million per episode for a ninth season of "Home Improvement." His co-star Patricia Richardson was offered $1 million per episode but requested the same $2 million as Allen. ABC decided to cancel the series, causing friction between Allen and Richardson.
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Early Life
Timothy Alan Dick, born on June 13, 1953, in Denver, Colorado, was raised alongside five siblings. After his father, a real estate agent, died in a car accident, his mother remarried, and they moved to Michigan with her new husband and his three children, making a family of nine.
In high school, Allen became involved in theater and learned to play the piano. He attended Central Michigan University and Western Michigan University, graduating in 1976 with a degree in communications. He was heavily involved with the college's student radio station.
Career
Allen's comedy career started in 1975 when friends dared him to perform stand-up at a Detroit club. He became successful, appearing in cable comedy shows and TV ads. However, in 1978, he was arrested for drug trafficking. He cooperated with authorities, leading to a reduced sentence of over two years in prison.
After his release, he returned to comedy, performing at the Comedy Store in Los Angeles and making talk show appearances. His big break came in 1991 with Home Improvement, where he drew from personal experiences. In 1994, he starred in Disney's highest-grossing film of the year, The Santa Clause, and voiced Buzz Lightyear in Toy Story. He also starred in Jungle 2 Jungle and Toy Story 2 in the late '90s.
In 1999, Allen starred in Galaxy Quest. During the 2000s, he appeared in Santa Clause 2, Santa Clause 3, Christmas with the Kranks, Redbelt, Zoom, and The Shaggy Dog. He directed Crazy on the Outside in 2009.
In 2011, Allen starred in the sitcom Last Man Standing, which was canceled by ABC in 2017 but picked up by Fox in 2018. He appeared in El Camino Christmas in 2017 and reprised Buzz Lightyear in 2018's Ralph Breaks the Internet and 2019's Toy Story 4. He confirmed his return for Toy Story 5 in February 2023.
Allen created, produced, and hosted Assembly Required (2021) and More Power (2022), reuniting with Richard Karn. He also resumed his role as Scott Calvin/Santa Claus in the Disney+ series The Santa Clauses.
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Books
In 1994, Allen's book "Don't Stand Too Close to a Naked Man" topped the New York Times Bestseller's list. He followed this with "I'm Not Really Here" in 1996.
Personal Life, Car Collection & Real Estate
Tim Allen married Laura Deibel in 1984, and they had a daughter in 1989 before separating in 1999. In 2006, Allen married Jane Hajduk, and they had a daughter in 2009.
Allen is known for his Republican stance. He has been interviewed by Fox News' Sean Hannity and supported Republican candidates like John Kasich and Donald Trump.
Allen is a car enthusiast with a collection including a 1965 Shelby Cobra, a 1956 Ford F-100 custom-made by McLaren, and a 1966 Ferrari 330 GTC worth over $3.41 million. In 2015, he listed his Bel Air ranch home for $1.95 million.
