Michael J. Fox Net Worth 2022 – How Did He Get Rich? Exposed!

Michael J. Fox Net Worth

Michael J. Fox has an estimated net worth of $65 Million. He rose to fame on ‘Family Ties’ and starred in the ‘Back to the Future’ films. He continued acting after being diagnosed with Parkinson’s disease in the 1990s, starring in series like ‘Spin City’ and ‘The Good Wife.’ He earned the majority of his income from movies and TV shows.

Actor Michael J. Fox rose to prominence as Alex P. Keaton on the popular sitcom Family Ties. Later, he appeared in Back to the Future and its sequels, as well as Teen Wolf, before returning to television in the 1990s in Spin City. Fox announced in 1999 that he was suffering from Parkinson’s disease. He left Spin City in 2000 to establish the Michael J. Fox Foundation for Parkinson’s Research and devote more time to his family, later appearing on Scrubs, Boston Legal, and The Good Wife.

To calculate the net worth of Michael J. Fox, subtract all his liabilities from his total assets. Investments, savings, cash deposits, and any equity he has in a house, car, or other similar asset are included in the total assets. All debts, such as loans and personal debt, are included in total liabilities.

Here’s the breakdown of his net worth:

Name: Michael J. Fox
Net Worth: $65 Million
Monthly Salary: $300 Thousand+
Annual Income: $4 Million+
Source of Wealth: Actor, Author, Television producer, Film Producer, Voice Actor

Early Life

Michael Andrew Fox was born in Edmonton, Alberta, Canada on June 9, 1961. Fox began using the middle initial “J.” professionally to differentiate himself from another actor named Michael Fox and didn’t like the play on words that “Michael A. Fox” allowed; his stage name is also reportedly a tribute to American actor Michael J. Pollard.

Fox, the fourth of five children born to parents Bill and Phyllis, struggled in school and was too short (5’4″) to compete in his favorite sport, ice hockey. He found an outlet in drama class, and at the age of 15, he made his professional acting debut as a 10-year-old on the TV series Leo and Me.

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Alex P. Keaton on ‘Family Ties’

Fox dropped out of high school after starring in the CBS film Letters from Frank (also filmed in Canada), and drove to Los Angeles, California, with his father. There, he landed a role on the series Palmerstown, USA, before being cast as Alex P. Keaton on Family Ties (1982-1989), where he would woo audiences for the next seven years with his confident charm and impeccable comedic timing.

Keaton was a young conservative who frequently expressed opposing views to his progressive parents Elyse and Steven (Meredith Baxter and Michael Gross), while also contending with sisters Mallory and Jennifer (Justine Bateman and Tina Yothers) and becoming a nurturing figure to little brother Andy (Brian Bonsall). Family Ties is regarded as one of television’s most enduring sitcoms, with Fox winning a Golden Globe and three consecutive Emmys for his role as Keaton.

Movies: ‘Back to the Future’

Fox was also a big hit on the big screen, most notably as Marty McFly in Robert Zemeckis’ zany romp Back to the Future (1985), in which he co-starred with Lea Thompson, Crispin Glover, and Christopher Lloyd. Returning to the 1950s, McFly jeopardizes his own existence when he inadvertently interferes with his teenage parents’ relationship. Back to the Future was a pop-culture phenomenon that grossed over $380 million worldwide and received praise from critics and audiences alike for its thoughtful humanism, as well as a No. 1 Huey Lewis & the News hit.

Fox quickly followed with another comic role with fantastic themes in Teen Wolf (1985), which had a much lower box office performance than Back to the Future. The following year, he appeared in the rock-oriented Light of Day, co-starring Joan Jett, and the comedy The Secret of My Success, both of which grossed $110 million worldwide.

In subsequent films, Fox played dramatic roles. He starred alongside Sean Penn in Brian De Palma’s Vietnam saga Casualties of War, playing a factory worker in Light of Day (1987) and a cocaine-snorting fact checker in Bright Lights, Big City (1988). In a lighter vein, Fox voiced Chance, a Bulldog, in the Disney family film Homeward Bound: The Incredible Journey (1993).

TV Shows: ‘Spin City’

Audiences praised Fox’s return to the Back to the Future film series for the second and third installments, which were released in 1989 and 1990, respectively. His pitch-perfect portrayal of a George Stephanopoulos-type character in The American President (1995), starring Michael Douglas and Annette Bening, also earned Fox plaudits, but it was his ceremonial return to prime-time TV with a role on the sitcom Spin City, which premiered in 1996, that put Fox back where he belonged: delighting audiences on a weekly basis with a schedule that allowed him more time with his family. Fox portrayed deputy mayor Mike Flaherty in the series, alongside co-stars Barry Bostwick and Connie Britton.

In 1999, Fox played the title character in the film adaptation of E.B. White’s Stuart Little, lending his trademark voice and comic flair. In December 2002, the actor was honored with a star on the Hollywood Walk of Fame.

Foundation for Parkinson’s Research

Fox revealed in late 1999 that he had been battling Parkinson’s disease since 1991, and had even undergone brain surgery to alleviate the condition’s tremors. Despite Spin City’s phenomenal success and a slew of Emmy and Golden Globe nominations, Fox announced in early 2000 that he would be leaving the show, which he also executive produced, to spend more time with his family and focus on raising funds and awareness for Parkinson’s disease.

Fox left Spin City after his fourth season — and 100th episode — and founded the Michael J. Fox Foundation for Parkinson’s Research in May 2000, a nonprofit organization “dedicated to finding a cure for Parkinson’s disease through an aggressively funded research agenda and ensuring the development of improved therapies for those living with Parkinson’s today.” The foundation is now recognized as the world’s largest nonprofit funder of Parkinson’s disease drug development.

For his final season on Spin City, Fox received an Emmy and a Golden Globe, as well as the respect and support of the Hollywood community.

Slate of New Series

Fox appeared as Dr. Kevin Casey, an obsessive-compulsive surgeon, on the TV comedy Scrubs in 2004. He had a recurring role on the drama Boston Legal in 2006, for which he received an Emmy nomination for best guest appearance. Fox then appeared in the dark drama Rescue Me in 2009. Michael J. Fox: Adventures of an Incurable Optimist, based on his best-selling book of the same name, premiered on television the same year.

Fox went on to appear as a guest star on shows like Curb Your Enthusiasm and The Good Wife before returning to a starring role with The Michael J. Fox Show.

Betsy Brandt co-starred in the sitcom, which debuted in 2013. Despite receiving favorable reviews, the show was canceled after only one season.

Fox proved he could still make an impact with less screen time, earning Emmy nominations in 2013 and 2015 for his work on The Good Wife, where he appeared throughout the final season.

Personal Life and Children

In 1988, Fox married Tracy Pollan, who played Ellen, Alex Keaton’s girlfriend on Family Ties. Sam, twin girls Aquinnah and Schuyler, and daughter Esmé Annabelle are the couple’s four children.

After canceling appearances at the Calgary Comic and Entertainment Expo in Canada in April 2018, it was revealed that the actor had undergone spinal surgery. “Michael J. Fox recently underwent spinal surgery unrelated to his Parkinson’s,” a spokesperson for the actor said. “He is recovering well, feeling great, and eager to get back on the golf course this summer.”

Further Reading

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