Mr. T Net Worth
Mr. T has an estimated net worth of $1 million. Actor and professional wrestler Mr. T, known for his mohawk and gold chains, starred in 1980s TV programs like The A-Team and Mister T. He earns most of his income from his career as an actor, professional wrestler, and television personality from the United States.
In the mid-1970s, Mr. T worked as a bouncer and bodyguard in Chicago. He wore gold chains, had a mohawk, and went by the moniker “Mr. T.” His big break came when Sylvester Stallone cast him in Rocky III as a rival boxer.
To calculate the net worth of Mr. T, 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 personal loans and mortgages, are included in total liabilities.
Here’s the breakdown of his net worth:
|Net Worth:||$1 Million|
|Monthly Salary:||$30 Thousand+|
|Annual Income:||$500 Thousand per year|
|Source of Wealth:||Wrestler, Actor, Motivational speaker, Bodyguard, TV Personality, Voice Actor|
Laurence Tureaud was born on May 21, 1952, in Chicago, Illinois, as the youngest of 12 children. Tureaud’s father was a minister who abandoned the family when he was five years old, leaving his mother to raise him and his siblings.
Tureaud developed a strong bond with his mother, who kept him out of trouble as a child. Tureaud went to Paul Lawrence Dunbar Vocational Career Academy for high school. Tureaud’s head-in-the-clouds attitude earned him average grades despite his constant daydreaming. Instead, he excelled in sports, becoming a high school football star and three-time wrestling champion.
Tureaud received a football scholarship from Prairie View A&M University in Prairie View, Texas, after graduating. He decided to attend Prairie View in 1971 to pursue a bachelor’s degree in mathematics. After only one year, he was expelled.
Tureaud decided that school was not for him and joined the United States Army as a military police officer. Tureaud decided to try out for the Green Bay Packers after his brief stint in the military, but a debilitating knee injury prevented him from making the team.
Tureaud returned to Chicago in the mid-1970s and worked as a doorman. His time as a military cop aided him in establishing a reputation as one of Chicago’s toughest and most infamous bouncers. Tureaud, ever the showman, sported a Mohawk hairstyle inspired by a National Geographic photo of an African Mandikan warrior. He began wearing piles of gold jewelry that he claimed he stole from misbehaving customers. He also changed his name to Mr. T, claiming that the new moniker would compel customers to respect him.
Mr. T’s job as a bouncer at one of Chicago’s hottest nightclubs put him in contact with celebrities on a regular basis. Mr. T’s outrageous reputation and celebrity connections earned him the new job of celebrity bodyguard. Mr. T began protecting celebrities such as Steve McQueen, Diana Ross, and Muhammad Ali for more than $3,000 per night. It was nearly ten years before a chance meeting with actor Sylvester Stallone in 1980 changed everything.
Stallone decided to cast Mr. T in Rocky III after seeing him on a televised bouncer competition (1982). Mr. T portrayed Clubber Lang, a boxer who faced off against Rocky Balboa in the film. Mr. T coined the phrase “I pity the fool!” during the filming of this film. The film was a box office smash, grossing more than $125 million. Mr. T’s over-the-top character was a hit with audiences, and his performance catapulted him to stardom.
Mr. T used his newfound celebrity to land a starring role in another box-office success, D.C. Cab (1983). He also had his own cartoon series, Mister T, in which he played the owner of a gym full of young athletes who fought crime and solved mysteries.
Mr. T began directing more of his efforts toward assisting youths after gaining a reputation as an advocate and role model for young people. Mr. T’s Commandments, a music album he released in 1984, encouraged children to make good decisions. Following the success of this album, he released a motivational video and film soundtrack called “Be Somebody… or Be Somebody’s Fool!” with the goal of encouraging children to make responsible decisions.
A year later, Mr. T joined the cast of The A-Team, a new television drama about four Vietnam veterans who are falsely accused of a crime they did not commit. Each week, the characters of the show aided innocent people while on the run from the military. Mr. T’s portrayal of Sgt. Bosco “B.A.” Baracus relied heavily on the actor’s distinct off-screen persona. The show was an instant success.
Mr. T entered the world of professional wrestling in 1985, at the height of his fame. In WrestleMania I, he joined the tag team of wrestling legend Hulk Hogan. Mr. T stayed with the WWE and became a special “WWE boxer” in honor of his role in Rocky III. He also began starring in his own show, T. and T., about a streetwise kid who becomes a city detective, around this time. The series lasted three seasons.
Illness and Personal Life
Mr. T’s popularity was on the decline by the early 1990s, owing primarily to his poor health. Doctors diagnosed the actor with T-cell lymphoma, a type of cancer, in 1995. Mr. T kept a low profile and limited his appearances to commercials while he recovered.
As he regained his health, he began to appear on the big screen again. He appeared in the children’s comedy Inspector Gadget in 1999. He then appeared in a number of films in 2001, including Not Another Teen Movie, Judgment, and The Proud Family. Mr. T went into remission that same year, at the age of 49.
Mr. T made a comeback to television in 2006 with his own reality show, I Pity the Fool. Mr. T traveled from town to town giving advice, solving problems, and teaching people about cooperation in the series. The series lasted six episodes. Mr. T has continued to appear in television commercials, and he voiced Officer Earl Devereaux in the 2009 animated film Cloudy with a Chance of Meatballs.
Mr. T also appears on the DIY Network’s home improvement show I Pity the Tool, which debuted in 2015.
He currently divides his time between Chicago, Illinois and Albuquerque, New Mexico. He and ex-wife Phyllis Clark have three children.
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