Home Business & Finance Robert Downey Jr. Net Worth

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robert downey jrFor many years, actor Robert Downey Jr. made news headlines due to his battles with drug addiction and alcoholism. Today, Downey is clean and sober and has made a remarkable comeback. According to Forbes, Downey Jr. ranks as on a list of wealthy celebrities as number 20, and Celebrity Networth estimates that he is worth approximately $140 million.

Background
Robert Downey Jr. was born on April 4, 1965, the son of Robert Downey Sr. and Elsie Ford. His father is a well-known actor, writer, producer and director, while his mother is an actress who appeared in several of his father’s films. Downey Jr. made his acting debut at the age of five in a comedy, “Pound,” and at age seven appeared in “Greaser’s Palace.” He also studied classical ballet while living in England at age ten. In 1986, Downey was cast in his first lead role in “The Pick-Up Artist,” after a string of supporting roles in movies such as “Tuff Turf,” and “Weird Science.” He has often been included in a group of young actors who gained fame in coming-of-age films in the late 1980s known as the “Brat Pack.” In 1992, the Robert Downey Jr net worth was growing steadily, and, during that year, he gained critical acclaim, as well as an Oscar Nomination for “Chaplin.”

Spending
Between 1996 and 2001, Downey Jr. was arrested repeatedly for possession of drugs, including heroin, cocaine and marijuana. According to Downey Jr, his drug addiction began at the age of six, when his father, who was also an addict, allowed him to smoke marijuana. In 1996, Downey was arrested for possession, as well as carrying a unloaded .357 Magnum handgun, when he was stopped for speeding on Sunset Boulevard.

While on parole, just a month after that arrest, he trespassed into a neighbor’s house, falling asleep on one of their beds, while under the influence of drugs. He was sentenced to three-year’s probation and ordered to undergo drug testing. After missing a second test in 1999, Downey Jr. was sentenced to three years in prison, and spent one year in the California Substance Abuse Treatment Facility and State Prison. He began appearing as the love interest of Calista Flockhart on the television show, “Ally McBeal,” but was soon struggling with addictions again.

In 2001, he was arrested on suspicion of being under the influence after police found him wandering, barefoot, in Culver City. He was sent to drug rehabilitation and the actor has been clean and sober ever since. Unfortunately, the arrests and bad publicity had a negative influence on Robert Downey Jr net worth, as he was fired from “Ally McBeal,” lost a high-profile role in the film “America’s Sweetheart,” and shut down a planned stage production of “Hamlet,” produced by Mel Gibson.

Earnings
In August 2001, Downey Jr.’s first acting job was lip-syncing for an Elton John video for the song “I Want Love.” In 2003, Downey appeared in “The Singing Detective,” when actor Mel Gibson stepped in on his behalf, paying his insurance bond in order for him to appear. When he appeared in the film Gothika, producer Joel Silver included a clause in his contract withholding 40 percent of his salary to protect him against his addictive behavior. Clauses like that have become standard in Downey Jr.’s contracts. Robert Downey Jr net worth grew tremendously when he appeared in the “Iron Man” series, earning $50 million from the Avengers’ films. In addition, his adaptation of Sherlock Holmes on the big screen has also added to his net worth.

Robert Downey Jr. Net Worth
Robert Downey Jr.’s net worth, despite his serious addiction problems, has grown tremendously, especially over the past few years. The actor still receives extensive critical acclaim and should see his net worth grow even more as long as he keeps his demons at bay.

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