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The Ten Richest African-American Actors!

African Americans in Hollywood Making Big Bucks

It’s quite obvious how African American actors have taken a prominent place in mainstream Hollywood movies over the recent decade. Quality films with meaty-roles are now casted to African American actors that have proven to draw hordes of fans to the box-office.

Gone are the 50’s and 60’s era when motion pictures where limited to ‘whites only’. Today, some of the highest paid actors making blockbuster hit films are African Americans.

Talk about movies like Training Day and Monster’s Ball that won both Denzel Washington and Halle Berry Oscars in 2002. How about Will Smith’s Men in Black and Training Day; Samuel L. Jackson’s Pulp Fiction, Morgan Freeman’s Million Dollar Baby, and Oscar-winning Jennifer Hudson’s Dreamgirls—all top grossing Black films. And the list can go on and on from movie actors, to top producers, and film directors.

With their incredible talent it’s not hard to understand why these African American actors are receiving so much love from movie fans all over the world and raking in big bucks from movie theaters.

Here’s a list of some of the highest paid and consequently richest African American actors in Hollywood today based on the net worth from Celebrity Net Worth,  Forbes and other sources. Tyler Perry, who’s the richest African American in Hollywood with an estimated net worth of $350 million, didn’t feature in our list mainly because he is more of a producer and director. Let’s see who made the list.

1. Will Smith

Estimated net worth: $215 Million
Mention ‘Will Smith’ and movies like Men in Black and Hancock will immediately come to mind. Incidentally, Will pocketed a whopping $20 million talent fee for the latest installment of the hit Men in Black III, and around the same amount for the 2008 superhero film Hancock.

Will’s acting career began in a 90’s TV sitcom The Fresh Prince of Bel-Air. But his career kicked-off after hit action movies Bad Boys and Independence Day, with the latter earning revenues of more than $800 million. Will also took home Grammy Awards for his rap music, and produced several films including Seven Pounds and I am Legend.

Born to humble parents working as a school admin and refrigerator engineer, Will has come a long way with all the success he has earned. With his millions, Will can practically buy his mom her own school!

2= Samuel L. Jackson

Estimated net worth: $150 Million
Samuel’s most recent box-office appearance were for the Marvel hit flicks Iron Man and Avengers, where he is said to have signed a contract for movie appearances in some nine other Marvel-related comic book movies… hello big bucks! Reports say he earns around $10 million each year.

With no interest in acting, Samuel was active in black student movements for civil rights in his younger years. It was only when he met actor Morgan Freeman that he was mentored in film and acting. His first movie was 1981’s Jungle Fever. Some of his important roles were in the movies Goodfellas, Pulp Fiction where he received an Oscar nominee, and Die Hard III.

Samuel remains a staunch advocate of civil rights especially for African American groups.

2= Denzel Washington

Estimated net worth: $150 Million
Denzel’s striking good looks and amazing acting skills are definitely paying off by the millions. Born and raised in New York, Denzel began his acting career in theater and slowly moved to made-for-TV-movies where he landed a role in St. Elsewhere and stayed with the TV show until its final season six years after. Around the same year, he received his first Oscar nomination for the film Cry Freedom, and the following year won Best Supporting Actor for his amazing performance in the film Glory.

Denzel is the second African American actor who ever won a Best Actor Oscar; he won for the movie Training Day. Denzel is an actor, scriptwriter, producer, and director with an annual pay of around $40 million. Now, that explains his $150 million net worth.

4. Martin Lawrence

Estimated net worth: $110 Million
Whoever said comedy couldn’t earn millions? Martin is popular for his comedic roles as a thief, a cop, or both. He established his name in Hollywood after starring in hit movies Bad Boys, Blue Streak, and Big Momma’s House.

He started as a stand-up comedian with his own TV series in the 90’s called Martin which began bringing in big bucks to his career.

5. Ice Cube

Estimated net worth: $110 Million
O’ Shea Jackson a.k.a Ice Cube began as a rapper and songwriter for the controversial band N.W.A. He was still in high school when his interest for hip-hop started, and he may never have thought he would be rapping his way to becoming a millionaire. His group N.W.A. performed at parties and influential events, until he left to go solo in 1989. He released albums such as Kill at Will that went gold and platinum in the hit charts! Cha-ching! He went on to create music that topped pop and R&B charts.

While earning a great deal in music, Ice Cube began a shift to acting. His first movie was Boyz in the Hood, followed by others such as Higher Learning and Three Kings. And as if he wasn’t earning enough, Ice Cube went on to directing and producing films. Now, he’s worth millions of dollars!

To see the rest, go to:  The 10 Richest African American Actors – EverywhereNigeria.

Earvin "Magic" Johnson Buys 'Soul Train' Rights, Developing Musical Based On Don Cornelius!

Don Cornelius hosting “Soul Train”

BY TAMBAY A. OBENSON | JULY 13, 2012 1:06 PM via http://blogs.indiewire.com/shadowandact/
It was much earlier this year when it was announced that there was renewed interest in exploiting the Soul Train franchise – thanks to Don Cornelius’ death.  The news then was that Soul Train Holdings was working with WME to find ways to, as I said, exploit and grow the brand, which would include a film, a stage musical AND a TV show.  “Certainly we want to proceed in a way that will highlight the contribution of Don to the creation of the brand and its subsequent impact on American culture,” said Kenard Gibbs, CEO of Soul Train Holdings.
However, there were some rights issues that they’d have to deal with, notably the music used in each episode of the series. But they were confident that wouldn’t be a problem.  Things seem to be in motion again as it’s been announced today that Earvin “Magic” Johnson and his business partners have bought the rights to the Soul Train franchise for “several million dollars,” and are planning an upcoming musical based on the life of Don Cornelius, according to the NY Post.   The musical, which is being aimed towards Broadway, will focus on the once mega-hit variety show.

Earvin “Magic” Johnson Buys ‘Soul Train’ Rights, Developing Musical Based On Don Cornelius!

Don Cornelius hosting “Soul Train”

BY TAMBAY A. OBENSON | JULY 13, 2012 1:06 PM via http://blogs.indiewire.com/shadowandact/

It was much earlier this year when it was announced that there was renewed interest in exploiting the Soul Train franchise – thanks to Don Cornelius’ death.  The news then was that Soul Train Holdings was working with WME to find ways to, as I said, exploit and grow the brand, which would include a film, a stage musical AND a TV show.  “Certainly we want to proceed in a way that will highlight the contribution of Don to the creation of the brand and its subsequent impact on American culture,” said Kenard Gibbs, CEO of Soul Train Holdings.

However, there were some rights issues that they’d have to deal with, notably the music used in each episode of the series. But they were confident that wouldn’t be a problem.  Things seem to be in motion again as it’s been announced today that Earvin “Magic” Johnson and his business partners have bought the rights to the Soul Train franchise for “several million dollars,” and are planning an upcoming musical based on the life of Don Cornelius, according to the NY Post.   The musical, which is being aimed towards Broadway, will focus on the once mega-hit variety show.

Bob Marley's Family Wins Case Over Use Of Musician's Image

 

Rohan Marley Standingin Forage
Rohan Marley, son of the late Bob Marley
Las Vegas–A Reno-based company intentionally interfered with business relationships established by Bob Marley’s heirs and must pay the family at least $300,000 in damages, a Las Vegas jury ruled Friday.
Jurors ruled that AVELA, a corporation based in Reno, and owner Leo Valencia, a San Diego resident, intentionally interfered with the family’s business relationships and engaged in unfair competition by selling T-shirts and other products bearing Bob Marley’s image. The products have been sold across the country at retail stores such as Target, Walmart and Wet Seal.
“The verdict sends a clear message to anyone who would challenge the integrity of our father’s legacy,” Rohan Marley, son of the late reggae musician, said in a written statement. “Preserving it remains one of our top priorities and we will continue to aggressively pursue legal actions against those who attempt to unfairly profit from his life and legacy.”
Jurors awarded the plaintiffs $300,000 in damages on the claim of intentional interference. U.S. District Judge Philip Pro is expected to award additional damages after he determines the amount of lost profits caused by the unfair competition.
The jury found that all the defendants willfully engaged in unfair competition, but the panel found that JEM and Central Mills did not intentionally interfere with the Marleys’ business relationships.

Read more at LVRJ.com

 

Bob Marley’s Family Wins Case Over Use Of Musician’s Image

 

Rohan Marley Standingin Forage

Rohan Marley, son of the late Bob Marley

Las Vegas–A Reno-based company intentionally interfered with business relationships established by Bob Marley’s heirs and must pay the family at least $300,000 in damages, a Las Vegas jury ruled Friday.

Jurors ruled that AVELA, a corporation based in Reno, and owner Leo Valencia, a San Diego resident, intentionally interfered with the family’s business relationships and engaged in unfair competition by selling T-shirts and other products bearing Bob Marley’s image. The products have been sold across the country at retail stores such as Target, Walmart and Wet Seal.

“The verdict sends a clear message to anyone who would challenge the integrity of our father’s legacy,” Rohan Marley, son of the late reggae musician, said in a written statement. “Preserving it remains one of our top priorities and we will continue to aggressively pursue legal actions against those who attempt to unfairly profit from his life and legacy.”

Jurors awarded the plaintiffs $300,000 in damages on the claim of intentional interference. U.S. District Judge Philip Pro is expected to award additional damages after he determines the amount of lost profits caused by the unfair competition.

The jury found that all the defendants willfully engaged in unfair competition, but the panel found that JEM and Central Mills did not intentionally interfere with the Marleys’ business relationships.

Read more at LVRJ.com