Channing Tatum’s Salary and Net Worth:
Channing Tatum is an American actor, dancer, producer, and model with a net worth of $80 million. He is undoubtedly a well-paid actor, but he has also held the title of the highest-paid actor in the world at least one time, thanks to a huge agreement for the film “Magic Mike,” which we discuss below. The two Magic Mike films netted Channing about $90 million pre-tax (pre-divorce).
Channing Tatum was born in Cullman, Alabama, on April 26, 1980, the son of Kay and Glenn Tatum (an airline worker and construction builder, respectively). He grew up in a remote area of Mississippi, along the Mississippi River, in the bayous. Growing up, he was involved in athletics and struggled with schooling due to a diagnosis of ADD and Dyslexia.
Tatum was a football scholarship recipient at Gaither High School in Tampa, Florida, and Glenville State College in West Virginia. He eventually dropped out to return home and work odd jobs. He began his career as a roofer before becoming a stripper at a local bar under the alias Chan Crawford.
Tatum’s first experience of show business occurred in 2000 when he was cast as a dancer in Ricky Martin’s “She Bangs” video, for which he was paid $400. He got signed with Page 305 Modeling Agency after being noticed by a model talent scout. He began modeling for major brands such as Gap, Armani, Dolce & Gabbana, and Abercrombie & Fitch, before moving into national television commercials for Mountain Dew and Pepsi in 2002. Tatum began his modeling career with Ford Models in New York City and stayed with them until he decided to explore acting opportunities.
Channing’s first film role was in “She’s the Man,” with Amanda Bynes (2006). Later that year, Tatum earned his big break in the critically derided but box office smash “Step Up,” in which he co-starred with Jenna Dewan. Tatum starred in seven films between 2006 and 2009.
He debuted as a producer with “A Guide to Recognizing Your Saints,” which he co-produced with Dito Montiel. Sean McArthur, a teenage hustler who makes a fortune by scalping tickets in New York City, was played by Tatum.
Tatum told Details magazine in early 2012 that he intended to be a producer on all of the films he starred in the future because he wanted to be a part of the creative process from the beginning. He, his wife (Jenna Dewan), and his producing partner, Reid Carolin, inked a production deal with Relativity Media for any films that were being developed at the moment.
Tatum had a fantastic year in 2012. In Steven Soderbergh’s Haywire, he co-starred with Rachel McAdams in The Vow, and in 21 Jump Street, he co-starred with Jonah Hill. In addition, he starred as the titular character in the critically and commercially successful film Magic Mike, which pushed him into the spotlight.
The plot was partially based on Tatum’s eight-month experience working as a male stripper in Florida, directed by Steven Soderbergh and co-produced by Tatum. Joe Manganiello and Matthew McConaughey also starred in the film. They worked with a low $7 million budget, and the picture ended up being a surprise box-office hit, grossing $167,221,571 worldwide. It received mostly positive reviews and was included in numerous critics’ top ten lists for the year. Tatum appeared as a guest host on Saturday Night Live that year and was crowned People magazine’s Sexiest Man Alive in November 2012.
Tatum reunited with Soderbergh in 2012 to act in “Side Effects,” with Rooney Mara and Jude Law. In 2013, he appeared in White House Down, another action film. In the successful sequel, 22 Jump Street, Tatum reprised his main role from 21 Jump Street (2014.) Later that year, he co-starred in Foxcatcher alongside Steve Carell.
The film was nominated for several significant accolades, including Oscars and a Golden Globe Award for Best Picture. He later returned to the character of Mike in the sequel to Magic Mike, Magic Mike XXL, which he also co-produced. He starred in the big sci-fi film “Jupiter Ascending” in 2015.
Tatum continues to act as well as being heavily involved in the production of the film. 33andOut Productions and Iron Horse Entertainment are two additional production firms he founded. He has won over 20 awards, including the People’s Choice Award for Favorite Movie Actor in 2016 and the Academy Award for Best Actor in a Leading Role in a Leading Role in a Leading Role in a Leading Role
Magic Mike payoff for Channing Tatum:
Channing Tatum took a major gamble with the film Magic Mike. Rather than using the typical model of a movie studio putting up the money and keeping all of the earnings, Channing and fellow producer Steven Soderbergh self-financed the $7 million budget and paid Warner Brothers a flat fee to distribute the film. In terms of box office receipts, streaming, and DVD sales, Magic Mike was a big hit. As a result, Channing and Soderberg each made $60 million. The second film brought in an additional $30 million for the team.
Channing Tatum and Jenna Dewan met on the set of Step Up in 2006. They married in Malibu on July 11, 2009. Everly, their daughter, was born in May 2013 in London (where the couple had been living while filming Jupiter Ascending). Tatum and Dewan announced their split in April 2018 after nearly 9 years of marriage. In November of this year, their divorce was formalized. Jenna is thought to have received a divorce settlement in the $20-30 million range, including real estate and continuous spousal support, because they were married through some of Channing’s most lucrative years.
Tatum began dating singer Jessie J in 2018. In 2019, the couple had a brief breakup, however, they reconciled in early 2020.
Channing and Jenna paid $2.6 million for a hillside property in Laurel Canyon, Los Angeles, in 2008. The Channings paid $6 million for a property in Beverly Hills, California in February 2018. Jenna kept the Beverly Hills home following the divorce and they no longer own the Laurel Canyon home.
Channing rented a home in the San Fernando Valley for $25,000 per month after moving out. He paid $5.6 million for a property in LA’s Brentwood district in May 2021.