Terrence Howard Net Worth | Celebrity Net Worth

Terrence Howard Net Worth and Salary: Terrence Howard is an American Oscar-nominated actor and musician who has a net worth of $5 million {dollars}. Terrence can be a lot wealthier however, sadly he has skilled quite a lot of monetary and marital issues which we’ll element later on this article.

He began performing in films within the 1980s, however he did not land his first main function till 1995, when he was forged in “Dead Presidents” and “Mr. Holland’s Opus.” Since then, Terrence has loved a profitable profession in movies reminiscent of “Ray” (2004), “Crash” (2004), “Hustle and Flow” (2005), and “Get Rich or Die Tryin” (2005). Howard has additionally branched out into music, releasing the album “Shine through It” in 2008. That similar yr, he made his Broadway debut within the all-black manufacturing of Tennessee Williams’ “Cat on a Hot Tin Roof.” From 2015 to 2020, Terrence performed the award-winning function of Lucious Lyon on the Fox drama “Empire.” At his peak of the present, his salary topped $175,000 per episode, which is roughly $four million per season earlier than taxes.

Early Life: Terrence Howard was born Terrence Dashon Howard on March 11, 1969, in Chicago, Illinois. His mom, Anita, was 15 when Terrence was born, and when he was 2 years outdated, he witnessed his abusive father, Tyrone, stabbing a person with a nail file throughout a visit to see Santa Claus at a Cleveland division retailer. The man died, and Tyrone served 11 months in jail for manslaughter. Terrence’s dad and mom divorced after Tyrone’s launch, and he spent his childhood in Cleveland with Tyrone and in Los Angeles with Anita. Howard has 2 brothers (Antonio and Tyrone Jr.), a half-brother (Darnell), and a half-sister (Ariana), and his great-grandmother, actress Minnie Gentry, instilled a love of appearing in him. Terrence was emancipated at age 16, and he later studied chemical engineering at Brooklyn’s Pratt’s Institute however dropped out earlier than earning his diploma. Howard was recognized with Bell’s palsy as an adolescent and has mentioned that he cured it by surprising his face.

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Career: Audiences have been first launched to Terrence within the ABC miniseries “The Jacksons: An American Dream,” during which he performed Jackie Jackson. He had visitor roles on the favored reveals “Family Matters,” “Living Single,” “Coach,” and “Picket Fences” earlier than discovering success in 1995’s “Mr. Holland’s Opus” and “Dead Presidents.” From 1996 to 1998, Howard starred on the UPN sitcom “Sparks,” and in 1999, he appeared in “The Best Man,” which earned him an NAACP Image Award in addition to nominations from the Black Reel Awards, Chicago Film Critics Association, and Independent Spirit Awards. In 2004, he starred in “Crash,” which earned Terrence a number of supporting actor awards and nominations, and he shared a Screen Actors Guild Award along with his castmates. Howard was nominated for a Best Actor Academy Award for his portrayal of aspiring rapper Djay in “Hustle & Flow,” and “It’s Hard Out Here for a Pimp” (which he carried out within the movie) received the Academy Award for Best Original Song.

In 2008, Terrence performed Colonel James Rhodes in “Iron Man” and was the film’s highest-paid actor; for the sequel, the producers reportedly provided him $1 million as a substitute of the $eight million that was agreed to in his contract and finally changed him with Don Cheadle. Howard was a sequence common on “Law & Order: LA” from 2010 to 2011 and appeared in 2011’s “Winnie Mandela” (taking part in Nelson Mandela), 2013’s “The Butler,” and 2014’s “The Best Man Holiday” earlier than touchdown a job on “Empire” in 2015. Terrence appeared in 102 episodes, and his portrayal of dying hip-hop mogul Lucious Lyon earned him a BET Award. In addition to his movies and tv reveals, Howard additionally earned awards and nominations for the made-for-TV films “Boycott” (2001) and “Lackawanna Blues” (2005), and he has appeared in music movies for Madonna, Mary J. Blige, and Ashanti. Terrence introduced his retirement from appearing in September 2019.

(Photo by Jason Kempin/Getty Images)

Personal Life: Terrence was married to Lori McCommas from 1989 to 2003 and from 2005-2007. They had 2 daughters, Aubrey and Heaven, and a son, Hunter, collectively. Howard married Michelle Ghent in 2010, and in February 2011, Michelle filed for divorce. The divorce was finalized in 2013, and the next yr, Ghent sued him for allegedly owing $325,000 in unpaid spousal assist. Howard claimed that he was blackmailed into signing an unfair settlement and could not pay as a result of he was solely making $5,800 per 30 days. In the identical court docket case, Terrence revealed that almost all of his revenue really goes on to his first spouse to assist their children. Things have been so unhealthy that Terrence was technically on his first spouse’s payroll. At the time he would obtain $5,800 per 30 days instantly from her account after his obligations have been met. The choose overturned the unique divorce settlement in 2015 however reinstated it in 2017.

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Terrence married Mira Pak in 2013, they usually have 2 sons collectively, Qirin (born in 2015) and Hero (born in 2016). The couple divorced in 2015, however they grew to become engaged once more in December 2018.

He was arrested for assaulting a flight attendant in 2000 and for punching, harassing, and stalking McCommas in 2001. Ghent was granted restraining orders in opposition to Howard in 2011 and 2013 attributable to claims that he had assaulted her. In 2008, composer Tex Allen sued Terrence for $5 million after he allegedly attacked Allen throughout a “Cat on a Hot Tin Roof” rehearsal.

IRS Issues: Howard has had issues with the IRS a number of instances. He reportedly obtained a $1.1 million overdue tax invoice in 2010. In June 2019 it was reported that Terrence and on once more/off once more spouse Mira have been being investigated for tax evasion. He was hit with $600,000 worth of liens in 2006 and $143,000 worth of liens in 2019.

Awards and Honors: Howard has earned greater than 30 awards for his work, together with 2 BET Awards (2006 and 2015), a Black Movie Award (2005), and a Satellite Award (2005). He has been nominated for 12 NAACP Image Awards, profitable in 2000, 2006, 2011, and 2016. Terrence has additionally received awards from the African-American Film Critics Association in addition to critics associations in Austin, Florida, Los Angeles, Phoenix, Vancouver, and Washington, D.C. He obtained a star on the Hollywood Walk of Fame in 2019.

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