Kevin Costner Net Worth: What Are the Different Sources of Revenue for Costner?

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Kevin Costner’s divorce from Christine Baumgartner has resulted in a steady stream of revelations regarding his wealth.

Baumgartner claimed in court documents that he makes approximately $19.3 million per year but that they spend about as much, leaving a net annual income of roughly $7.59 million. For the average individual, those figures would be unbelievable, but for Costner, who is filthy rich, they would be peanuts. Find out how much money Kevin Costner has made in 2023.

Kevin Costner Net Worth

Several sources put the Oscar winner’s fortune at $250 million and $300 million. Since the beginning of his career, Kevin’s income has multiplied by four as a result of his numerous film and television performances.

The Bodyguard (1992) earned $411 million at the global box office, making it one of his highest-grossing ventures. Seven years later, Kevin appeared in and helped create the $118 million picture Message in a Bottle.

Kevin’s salary on Yellowstone climbed from $500,000 to $1.3 million for each episode once he was cast.

Sources of Revenue for Costner

Starting in the late ’70s, Kevin Costner’s film career has been on an upward track ever since.

His acting skills have earned him a lot of money, but he has also made a killing as a producer and director.

The incredible success of “Yellowstone” is reflected in the fact that his earnings per episode topped $1.3 million in 2023.

Kevin Costner’s acting career has been matched by his success in the real estate industry. Features worthy of mention are:

Three lakeside residences on a 160-acre estate near Aspen, Colorado, for a nightly rate of $30,000.

Valued at over $145 million, this sprawling estate in Carpinteria, California, consists of three adjacent residences on 10 acres of oceanfront land.

Two homes in California: a complex in Santa Barbara and a studio in Los Angeles.

Costner has diversified his professional life by dabbling in fields other than acting and real estate.

He launched a tourist attraction in South Dakota called “Tatanka: The Story of the Bison” to teach visitors about the American westward migration.

The Midnight Star Casino and Restaurant in Deadwood, South Dakota, in which he had invested, was sold by him in 2020.

Costner also joined the team behind the HearHere audio entertainment travel app, narrated a podcast for the company, and invested in it.

What Settlement Did Kevin Costner’s Ex-wife Get?

Divorce settlements from Kevin Costner’s marriages have also made headlines.

His first marriage, to Cindy Silva, lasted 16 years and ended in one of the most expensive divorce settlements in Hollywood history, reportedly at $80 million.

Christine Baumgartner, whom Costner wed in 2004, has a right to $1.5 million in the case of a divorce, per the provisions of their prenuptial agreement. When Christine Baumgartner filed for divorce in May 2023, citing irreconcilable differences, this arrangement became effective.

According to documents filed by his ex-wife in court, Costner made $19.5 million in 2022. Ten million dollars came from “Yellowstone,” two and a half million from the rental of his ranch in Aspen, and fifty-three thousand dollars came from the rental of a beachfront property in Carpinteria, California.

Child support payments made by Kevin Costner have also made headlines. The child support he was required to pay his ex-wife for their three children was cut from $129,000 per month to $63,209.

Kevin Costner’s Role in Deadwood’s Midnight Star Casino

Kevin Costner's Role in Deadwood's Midnight Star Casino

One mile south of Deadwood, South Dakota, on U.S. Route 85, Costner opened an attraction in June 2004 named Tatanka: The Story of the Bison. He envisioned it as a place where people could go to learn about the westward expansion of the United States.

He is also a major backer of Deadwood’s Midnight Star Casino. A judge ordered him to pay a portion of $6.1 million to buy out Francis and Carla Caneva as business partners after he fired them as casino managers in July of 2004. After having an accountant assess the value of the casino at $3.1 million, he petitioned the South Dakota Supreme Court to reconsider its decision in 2006.

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Actual Property

Costner has accumulated a stunning portfolio of properties all around the United States. Here are a few that particularly stand out:

Colorado’s Aspen:

The three lakefront residences on the 160-acre property owned by the Costners can accommodate a total of 30 people. He made three separate purchases to obtain the land. The first two deals occurred for unknown sums in the late 1980s and the early 1990s. He spent $7.3 million on the final piece of the 160-acre property in 2017. He charges a paltry $30K a night for lodging here.

Carpinteria, CA

Carpinteria is a small seaside community located between Malibu and Santa Barbara. The Costners have, throughout the years, cobbled together an extraordinary estate consisting of three adjacent properties. In the 1980s, he purchased the first of the three houses. The second property was added ten years later, and the third was acquired in 2017 for $7.3 million.

In 2009, they made a $25 million profit by selling a 7-acre property in the same location.

The Costners have other real estate in Carpinteria as well.

The Costners spent $28.5 million in 2006 on a 17-acre piece of raw oceanfront land.

They also have an additional 10 acres of land in Carpinteria that they listed for $60 million in 2017. A year later, after dropping the price to $49 million, they pulled the property from the market altogether.

Louis
Louis Ebert

Louis Ebert is a talented content writer with a passion for creating compelling stories and informative articles. With years of experience in writing, Louis has honed their skills in crafting engaging content that resonates with readers.As a content writer for Focushillsboro.com, Louis explores the many facets of life in Hillsboro and the surrounding areas. From delving into the latest trends in local business to highlighting community events and leaders, their writing offers a unique perspective that captures the essence of the area.

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