Robert Downey Jr. Net Worth 2022 (Forbes) – How Did He Get Rich? Exposed!

Robert Downey Jr Net Worth

Robert Downey Jr has an estimated net worth of $300 Million. He is an American actor known for roles in a wide variety of films, including ‘Iron Man,’ ‘The Avengers, ‘Sherlock Holmes’ and ‘Chaplin.’ He earned the majority of his income from movies and TV shows.

Robert Downey Jr., born on April 4, 1965 in New York City, began acting as a child. In the 1980s, he made his first film appearances and was a cast member on Saturday Night Live, but his rising star was marred by years of drug abuse. He eventually turned his life around, earning a resurgence of critical and popular acclaim and becoming one of Hollywood’s A-list actors.

To calculate the net worth of Robert Downey Jr, 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: Robert Downey Jr
Net Worth: $300 Million
Monthly Salary: $2 Million+
Annual Income: $20 Million+
Source of Wealth: Actor, Film Producer, Screenwriter, Singer-songwriter, Comedian

Early Movies and ‘SNL’

Downey first appeared in feature films in Baby, It’s You (1983), Firstborn (1984), Weird Science (1985), and Back to School (1986). He was a regular cast member of Saturday Night Live, NBC’s popular sketch-comedy show, from 1985 to 1986.

‘The Pick-up Artist,’ ‘Less Than Zero’

Downey played a charming womanizer in The Pick-up Artist (1987), a romantic comedy co-written and directed by James Toback and co-starring Molly Ringwald. Less Than Zero (1987), in which he co-starred with Andrew McCarthy, was his breakthrough performance. In the film, Downey played the party-loving, cocaine-addicted Julian Wells.

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Substance Abuse Problems

Unfortunately, the plot and character rang especially true for Downey, who was introduced to drugs by his father when he was eight years old and developed a full-fledged addiction by the time he was in his twenties.

“I took my drugs after work and on weekends until that movie,” he later explained. “Maybe I’d be hungover on set, but not as much as the stuntman. On Less Than Zero, this has changed. I was playing this junkie-faggot guy, and the role felt like the ghost of Christmas past to me. The character was a caricature of myself. Then things changed, and I became an exaggeration of the character in some ways. That lasted far longer than it should have.”

A brief stint in drug rehabilitation followed, but Downey’s struggles with drugs and alcohol persisted. Despite this, his career continued to advance. Downey had established a reputation as a critically acclaimed A-List actor by the early 1990s. He was praised for his comic performance as a shady soap opera producer in Soapdish (1991), in which he co-starred with Sally Field, Kevin Kline, and Whoopi Goldberg. More adoration followed when Downey was cast in Robert Altman’s critically acclaimed ensemble film Short Cuts (1993).

Movies of Critical Acclaim

‘Chaplin’

Downey’s career reached a high point in 1993, when he was nominated for an Academy Award (Best Actor) for his performance in Chaplin (1992), directed by Richard Attenborough. Downey nimbly portrayed the legendary Charlie Chaplin from the ages of 19 to 83 in the critically acclaimed film, which did not fare as well with audiences as it did with critics. His dramatic range as well as his considerable talent for physical comedy were on display in this role. By this point, the 27-year-old Downey had established himself as one of the most gifted actors of his generation, but he had also earned a reputation in Hollywood as a troubled and controversial figure.

‘Natural Born Killers,’ ‘Richard III’

Following his critical success with Chaplin, Downey anchored The Last Party, a documentary about the 1992 presidential election. He appeared in the romantic comedy Only You in 1994, as well as Oliver Stone’s acclaimed but divisive Natural Born Killers. The following year, he appeared in Restoration with Meg Ryan and Sam Neill, an updated film version of Richard III with Ian McKellen and Annette Bening, and the Jodie Foster-directed Home for the Holidays with Holly Hunter.

Personal Life and Challenges

Downey’s personal life had also grown. He married actress Deborah Falconer in May 1992. Two years later, the couple welcomed a son, Indio, and named Anthony Michael Hall, a friend and actor, as the boy’s godfather.

If Downey was ever truly grounded by his new role as a husband and father, it was fleeting. In June 1996, the actor was stopped by police after driving naked down Sunset Boulevard in his Porsche, and he was discovered to be not only naked, but also in possession of cocaine, heroin, and a.357 Magnum. Downey was arrested again less than a month later, just hours before he was scheduled to be charged, after he was discovered passed out in a neighbor’s house.

Downey’s life was a haze of headline-generating, dependency-induced mistakes and their consequences for the next several years. There was a 12-month prison sentence and another trip to drug rehab. Downey was arrested again in November 2000, this time in a Palm Springs hotel room, where he was discovered with cocaine and dressed as Wonder Woman. He was arrested and charged with felony drug possession.

Downey’s trial, which had been scheduled for late January, was postponed for several months while his attorneys negotiated with prosecutors. The two sides were unable to reach a plea agreement in March 2001, and the case was scheduled for a preliminary hearing at the end of April. Downey was arrested on April 24, 2001, for allegedly being under the influence of an unspecified “stimulant.” Downey’s personal life was also in disarray, as Falconer filed for divorce in 2004.

Television 

‘Ally McBeal’

Despite his personal difficulties in the early 2000s, Downey continued to work. He was in several films, including Auto Motives and Lethargy, and gave a memorable performance in Wonder Boys (2000). In addition, Downey made the transition to television in 2000, when he joined the cast of the popular show Ally McBeal, starring Calista Flockhart. Downey’s new role reminded fans and critics of his talent, likeability, and versatility. He went on to win a Golden Globe Award in 2001, as well as a Screen Actors Guild Award shortly afterwards.

However, Downey’s increasingly complicated personal life tested his boss’s patience. Downey’s tenure on Ally McBeal ended after his second arrest in April 2001; producers had decided to wrap production on the season’s final episodes without the actor. Around the same time, Downey’s attorneys reached an agreement with prosecutors requiring him to plead no contest to cocaine-related charges. He was sentenced to three years of probation, allowing him to continue live-in drug treatment rather than returning to prison.

Marriage to Susan Levin

Despite his troubled legal history, Downey now has a much more stable home life. In 2005, he married producer Susan Levin, and the couple welcomed their first child on February 7, 2012. Their son’s name is Exton Elias. Downey and Levin welcomed their second child, a daughter named Avri, on November 4, 2014. Downey was pardoned by California Governor Jerry Brown in December 2015 for the 1996 drug conviction that sentenced him to a year in prison.

Mel Gibson, with whom Downey co-starred in Air America, was one of the people who helped the actor’s comeback (1990). Gibson remained by Downey’s side even as his life was falling apart, and when Downey was unable to obtain something as simple as an insurance bond due to his previous legal troubles, Gibson found him work, casting him in the 2003 film The Singing Detective. The two actors are still close today.

Box Office Hits

‘Gothika,’ ‘Good Night, and Good Luck,’ ‘Zodiac’

Working his way back to prominence, Downey starred in Gothika with Halle Berry in 2003, a film that did better at the box office than it did with critics. He continued to work hard, appearing as a supporting actor in the critically acclaimed Good Night, and Good Luck (2005) and as the lead in the independent drama A Guide to Recognizing Your Saints (2006), which he also co-produced. Downey played a journalist who becomes entangled in the hunt for the infamous Zodiac Killer in Zodiac (2007).

‘Iron Man,’ ‘Tropic Thunder’

Downey went from being a critically acclaimed actor to a box office success in 2008. In the smash hit Iron Man, based on the Marvel Comics superhero, he played the wealthy industrialist-turned-crime fighter Tony Stark, which grossed more than $318 million domestically and led to the release of sequels in 2010 and 2013.

Downey also appeared in the comedy Tropic Thunder (2008) with Ben Stiller and Jack Black, playing a white actor who pretended to be a Black actor in this war movie spoof. His efforts were mostly praised, with Variety magazine’s Todd McCarthy citing “the audacity of Downey’s performance” as one of the “best reasons to see the film.” Downey received numerous awards for his performance in Tropic Thunder, including Oscar nominations for Best Performance by an Actor in a Supporting Role, Golden Globe nominations for Best Performance by an Actor in a Supporting Role in a Motion Picture, and Screen Actors Guild nominations for Outstanding Performance by a Male Actor in a Supporting Role.

‘The Soloist’ and ‘Sherlock Holmes’

Downey went on to co-star with Jamie Foxx in The Soloist (2009), a film about the friendship of a Los Angeles journalist (Downey) and a homeless Juilliard-trained musician (Foxx). The film did well at the box office and received positive reviews from critics, who praised Downey and Foxx’s performances.

Downey co-starred in Guy Ritchie’s Sherlock Holmes in 2009, alongside Jude Law as Dr. John Watson, proving he isn’t afraid of blockbusters (or English accents). The pair reunited for the 2011 sequel, Sherlock Holmes: A Game of Shadows.

‘The Avengers’ Franchise

Downey’s Iron Man character was back in action in 2012, in The Avengers, a film that featured a slew of Hollywood talent, including Don Cheadle (Colonel James “Rhodey” Rhodes), Mark Ruffalo (Hulk), Samuel Jackson (Nick Fury), and Scarlett Johansson (Black Widow), among others.

After appearing in The Judge (2014) as sharp city lawyer Hank Palmer opposite Robert Duvall, Downey reprised his Tony Stark/Iron Man dual role for Avengers: Age of Ultron (2015), Captain America: Civil War (2016), Spider-Man: Homecoming (2017), Avengers: Infinity War (2018), and Avengers: Endgame (2019).

‘Dolittle’

After a half-decade of only appearing in Marvel-branded films, Downey resurfaced in late 2019 as the host of the YouTube series The Age of AI. In Dolittle, based on the classic children’s book series by British author Hugh Lofting, he starred as a veterinarian who talks to animals in January 2020.

Upcoming Projects

Upcoming projects for Downey include Marvel’s Black Widow and the sports comedy-drama All-Star Weekend.

Downey, for one, isn’t taking his professional and personal resurgence lightly. In 2005, he told reporters, “I think part of my destiny has to be realizing that I’m not the poster boy for drug abuse.” “I’m just this guy who has a strong sense of wanting a home and a foundation, and having never had it, I’ve decided to build it.”

Early Life

Robert Downey Jr. was born in New York City on April 4, 1965, as the son of avant-garde filmmaker Robert Downey Sr., best known for the 1969 film Putney Swope. Downey started acting as a child. Elsie, his mother, was an actress who instilled in her son a love of the stage. Downey, who grew up in Greenwich Village with his older sister Alison, made his film debut as a puppy in his father’s film Pound (1970), in which actors portrayed dogs. He would later appear in several more of his father’s films in minor roles.

When Downey was 13, his parents divorced, and the young actor moved to Los Angeles to live with his father. However, at the age of 16, he dropped out of high school and relocated to New York to live with his mother.

Further Reading

Related Lists of Celebrities’ Net Worth

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