Net Worth: $170 Million
What Is Matt Damon’s Net Worth?
Jean_Nelson / Depositphotos.comMatt Damon’s net worth is estimated at $170 million. Damon got his big break in 1997 when he co-wrote the Oscar-winning movie “Good Will Hunting” with his best friend, Ben Affleck.
Good Will Hunting quickly led to many other well-received roles ranging from “Saving Private Ryan” in 1998 to “The Bourne Identity” in 2022. The Bourne Identity would leave to a franchise that has largely contributed to his net worth. His films have earned more than $5.6 billion at the worldwide box office.
Along with his acting roles, Matt Damon is also a producer and the co-founder of the production company Project Greenlight which focuses on independent film production.
How Much Did Matt Damon Make From Good Will Hunting?
ChinaImages / Depositphotos.comWhen Matt Damon sold the script for “Good Will Hunting” he received $300,000 which was split with Ben Affleck. The guys were living together at the time and the roommates shared a bank account where they put their earnings. That shared account and their new status in Hollywood led to the pair blowing their money on a “party house and a flashy new car.”
Matt Damon’s net worth wouldn’t take a hit for too long, in 1998 he earned $600,000 for his role in the movie “Rounders” and from that point on he has never earned less than $5 million for a starring role.
Even when he’s not starring in a movie, his role as a supporting actor can be very lucrative. Damon was among a huge list of co-stars to earn $4 million to appear in 2023’s “Oppenheimer.”
Here are some of the movies that helped Matt Damon earn more than $60 million in the decade that followed “Good Will Hunting.”
The First Decade Of Matt Damon’s Earnings Following Good Will Hunting
| Movie Title | Release Year | Earnings |
|---|---|---|
| Good Will Hunting | 1997 | $350,000 (Acting) $300,000 (Script Sale) |
| Rounders | 1998 | $600 Thousand |
| The Legend of Bagger Vance | 2000 | $7 Million |
| The Bourne Identity | 2002 | $10 Million |
| Ocean’s Eleven | 2001 | $5 Million |
| The Talented Mr. Ripley | 1999 | $5 Million |
| All the Pretty Horses | 2000 | $5.5 Million |
| The Brothers Grimm | 2005 | $10 Million |
| The Bourne Ultimatum | 2007 | $26 Million |
Back in 2007, Forbes reported that Damon was paid $26 million for The Bourne Ultimatum. With only around 25 lines to read in the movie, he was earning around $1 million per line of dialogue. His pay per line reminds us of how Arnold Schwarzenneger was paid just over $4,400 per word for his role in the first “Terminator movie.” Schwarzenegger’s net worth only increased by $75,000 though, a far cry from Matt Damon’s $26 million payday.
Even after 18 years in the business, Matt Damon was still able to command some of the biggest paydays on the planet. According to Vanity Fair, he received $25 million for his role in “The Martian” which debuted in 2015.
Here are a few more of Matt Damon’s more recent movie salaries.
| Movie | Year | Salary |
|---|---|---|
| Ford v Ferrari (2019) | 2019 | $15 Million |
| Jason Bourne (2016) | 2016 | $12 Million |
| The Martian (2015) | 2015 | $13 Million |
| Elysium (2013) | 2013 | $10 Million |
As you’ll notice, Matt Damon came back for the 2016 “Jason Bourne” movie after skipping the fourth installment. According to Celebrity Net Worth, Matt Damon has earned $87 million playing the titular role in the spy franchise.
Matt Damon has earned well over $100 million from his starring and co-starring roles in Hollywood since 1997. The salaries we’ve listed do include some estimates and there are likely some backend deals and other salaries that have not been revealed to the public.
How Much Did Matt Damon Earn For Air?
We separated “Air” from the rest of Matt Damon’s earnings because it’s the biggest guaranteed pay of his career. Even in 2023, a full 26 years after “Good Will Hunting” took Hollywood by storm, Matt Damon was able to pull down $30 million.
The movie, based on how Nike courted Michael Jordan and changed sports sponsorships forever, cost Amazon $120 million for the movie’s full rights
MGMWhile the movie wasn’t a huge box commercial success for Amazon, it has maintained a very impressive 93% critic score and an even more impressive 98% audience score on Rotten Tomatoes. The movie also reunited Damon and Affleck.
How much did Matt Damon get paid for Spirit?
DreamWorks AnimationWe also broke out the movie “Spirit: Stallion of the Cimarron” as the 2002 animated movie featured just Matt Damon’s voice. The actor’s vocal-only performance paid Damon $2.3 million.
Voicing a horse paid Damon very well more than two decades ago.
While not as well-known as many of the classic Pixar movies that were coming out around that time, Spirit still managed to perform pretty well, racking up $122 million on an $80 million budget.
The movie was also a hit with critics and was nominated for an Oscar for Best Animated Movie of the Year. The movie also launched video games and several spin-off series.
Matt Damon Earns Money As A Producer
Featureflash / Depositphotos.comMatt Damon has 23 producer credits, including Air, Manchester by the Sea, and Jason Bourne. As previously mentioned his Project Greenlight has also produced a handful of well-received documentaries.
Damon and Affleck also own Pearl Street Films. They previously ran LivePlanet, a production company you would know mostly from the production of American Pie 2 and American Wedding.
Matt Damon’s Brand Endorsements Add To His Net Worth
A majority of Matt Damon’s net worth comes from his acting career and movie production credits. However, he does take on some brand endorsement deals.
We reported that George Clooney’s net worth was owed in part to his very long tenure working with Nesperesso and it appears that Matt Damon jumped on that bandwagon, earning a reported $3 million for his work with the company.
Damon has also worked with TD Ameritrade in a deal that was likely worth seven figures.
In one of our favorite endorsements from a celebrity, Matt Damon’s charity Water.org was able to use his celebrity in a partnership with Stella Artois. The beer maker helped deliver clean drinking water to people around the world and in exchange, Matt Damon appeared in a commercial for the company.
Matt Damon’s net worth is very impressive, especially when we consider that unlike many of his contemporaries, he didn’t build his fortune building once-in-a-lifetime companies. He’s a true Hollywood hitmaker and an accomplished producer and voice actor, and it seems like a role Damon is very comfortable living in.
