The Kramer Vs. Kramer actor, Dustin Lee Hoffman, is known for his versatility, emotionally vulnerable characters, and anti-hero attributes. The father of six, Dustin, worked as a theatre artist before ruling the world of film production, direction, acting, and voice acting. The actor had notably contributed to the American New Wave.
Dustin got the 27th Life Achievement Award in 1999, the Honorary Cesar Medal in 2009, and the Kennedy Central Honors in 2012. He was about to get recognized for his lifetime achievement in film by the Gotham Awards in 2017.
The supporter of Ralph Nader and the Democratic Party, Dustin gets considered a liberal. Seven ladies have claimed to get harassed by him. Out of those, Dustin reacted only to one allegation. He apologized for doing something wrong unknowingly but did not mention the allegation to be true.
Some co-actors called Dustin sweet, decent, and flirting and defended him against the allegations. On the other hand, a long ago, Dustin had admitted to being addicted to physical intimacy when he was single and young. It is how he used to hunt for the classes with women.
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Dustin Hoffman’s Net Worth
Dustin’s family did not expect him to be a successful actor due to his looks. However, he began with acting classes in New York City. Initially, he had to do odd jobs at the beginning of his acting career. Similarly, he hardly found roles at that time due to his appearance. He debuted with ‘The Tiger Makes Out’ in 1967.
Dustin’s net worth gets estimated to be $100 million as of 2023. Reportedly, his monthly income is around $1 million, and his annual income is around $12 million. His acting in television series, shows, and movies make a major contribution to his net worth. Meanwhile, filmmaking and direction are his secondary sources of income. He has been active since 1960.
Here are some movies Dustin worked in with the year they got released and the amount he got for every movie: The Graduate (1960) ($17,000), John and Mary (1969) ($425,000), Midnight Cowboy (1969) ($400,000), Papillon (1973) ($1,200,000), Tootsie (1982) ($5,500,000), Ishtar (1987) ($6,000,000), Rain Man (1988) ($5,800,000), and Hook (1991) ($2,000,000).
Dustin sold his Central Park’s Remo mansion in 2014 for $21,000,000. He worked for a couple of billion-dollar franchises ‘Kung Fu Panda’ and the Fockers series. The former series made over $1.8 billion, and the latter made $1.1 billion. ‘Meet The Fockers’ was his highest-grossing movie in 2004 which made $522.6 million.
Dustin’s net worth kept increasing over the past five years. For instance, his total income was $30 million in 2018, $40 million in 2019, $50 million in 2020, $75 million in 2021, and $100 million in 2022.
Kramer Vs. Kramer, released in 1979, was his highest-grossing movie. On the other hand, his popularity increased due to his character in ‘The Graduate.’ Thereafter, he started getting more opportunities in big-budget movies after. He has worked in more than 40 movies till 2018.
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Dustin Hoffman’s Assets And Expenditures
Dustin got married to Anne Byrne in 1969 and adopted the two daughters she had from her first husband. After their divorce in 1980, he married Lisa Gottsegen and made four more children from the second marriage. Meanwhile, he went into depression, and Lisa took him out of it.
As a result of depression, Dustin stopped acting in movies after 32 years of working in ‘The Graduation’ and informed his wife about the same. He did not find him deserving enough for the success he had.
As of 2012, Dustin owned a property in Broad Beach Malibu’s neighborhood. However, Dustin and the other property owners got concerned over the eroding sand dunes holding their properties. So, he contributed $20 million to dig up the ocean bed.
In 2017, Dustin invested $3 million to build a house in the Hollywood Hills. It is a three-story, 3,056-square-foot mansion with three bedrooms. For that, he joined hands with a developer named Jeffery Yohai. Several luxurious homes get available for sale in the vicinity of Dustin’s mansion.
Dustin did not get a buyer for the mansion till 2017. Thus, he got ready to sell it through an auction. However, his lawyer did not respond to this request. Later, the developer went bankrupt, and Dustin got concerned about getting at least some part of the investment back. Dustin donated $12,000 to the church in Pennsylvania in 2014. He purchased Porsche Carrera S for $150,000 in the same year.
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