Robert Redford in the Movie Three Days of the Condor | Getty Images
Renowned American actor, director, producer, and environmentalist, Robert Redford, has had an extraordinary career in the entertainment industry. Born on August 18, 1936, in Santa Monica, California, Redford has amassed a net worth of $200 million, according to Celebrity Net Worth.
What are Robert Redford's sources of income?
His income primarily stems from his multifaceted career in the entertainment industry. Redford's sources of income include acting, directing, film production, and his association with the Sundance Institute, along with astute real estate investments.
Salary and investments
Throughout his career, Redford's salary varied significantly based on the projects he took on. While he started with modest pay, earning $500 for "War Hunt" in 1962, his fame led to substantial increases in his earnings. Notably, for his role in "Butch Cassidy and the Sundance Kid" in 1969, he and Paul Newman were each paid $750,000, equivalent to around $6.5 million in today's dollars. His earnings continued to rise, with a career-high base salary of $11 million for his role in "The Last Castle" in 2001.
Robert Redford's impact extends beyond the entertainment industry. He made a significant investment in real estate, particularly in Utah. Following the success of "Butch Cassidy and the Sundance Kid" in 1968, he used his earnings to purchase the 3,000-acre Utah resort town of Mount Timpanogos, which he renamed Sundance Mountain Resort.
Robert Redford and Sibylle Szaggars attend 'The Prince Albert II of Monaco Foundation's 2021 award ceremony | Getty Images | Arnold Jerocki
Robert Redford's assets
In addition to his real estate holdings in Utah, Robert Redford owns or has owned properties in various parts of California and New Mexico. His real estate portfolio reflects his deep connection to nature and his dedication to preserving the natural beauty of the American West. His most iconic investment, Sundance Mountain Resort, not only saved the town from potential overdevelopment but also gave birth to the world-famous Sundance Film Festival, a beacon for independent and regional filmmakers.
Redford's love for the land extended to the Horse Whisperer Ranch, named after his film "The Horse Whisperer," and located near Sundance. He also maintained properties in Santa Fe, New Mexico, and various parts of California, although specific details remain largely private.
Personal life and awards
Robert Redford's personal life includes two marriages. After marrying Lola Van Wagenen in 1958, they had four children before their divorce in 1985. In 2009, he married Sibylle Szaggars. Redford's dedication to environmental conservation is reflected in both his personal life and career. He has received numerous awards for his contributions to the arts and environmental causes.
Some of his notable awards include:
- Academy Award for Best Director (for "Ordinary People")
- Golden Globe Awards for Best Actor in a Leading Role (Drama) (for "The Way We Were") and Cecil B. DeMille Award (Lifetime Achievement)
- BAFTA Award for Best Actor in a Leading Role (for "Butch Cassidy and the Sundance Kid")
- National Medal of Arts (1996), Academy Award for Lifetime Achievement (2002), Kennedy Center Honors (2005), and a Presidential Medal of Freedom (2016).
FAQs
What is Robert Redford's net worth?
Robert Redford's net worth is estimated at $200 million.
What is Robert Redford famous for?
Redford is best known for his role as the Sundance Kid in the film "Butch Cassidy and the Sundance Kid" (1969).
What is Robert Redford's resort known as?
Located in Utah, it is called the Sundance Mountain Resort.
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