Not to be dramatic, but you are not prepared for how rich Channing Tatum is. Like, the man makes so much money that Forbes declared him the third most overpaid actor in the industry back in 2016 (which, rude/false/how dare they). Anyway, Channing commands an enormous per-movie fee, but he also made an unprecedented amount from Magic Mike thanks to self-financing the movie along with Steven Soderbergh. As a result, the actor has more money than my poor, tired brain can comprehend, so here's a breakdown of his biggest $$$ highlights.
What Did Channing Tatum Make for Magic Mike?
According to Forbes, Channing made "$60 million in earnings between June 2012 and June 2013" mostly thanks to Magic Mike—which Channing and director Steven Soderbergh financed themselves with "just" $7 million. And thanks to the whole self-financing thing, Channing and Steven got to pocket the film's $167 million box office return (minus Warner Bros's distribution fee), which resulted in a huuuuuge payday.
"We put our money where our mouth was," Channing said of the film's massive profits. "I think Soderbergh knew at least we’d make our money back on the first one. We knew, at least, that we’d break even because we didn’t spend that much money on it. I don’t think any of us had any idea of what was going to happen."
FYI, Channing low-key disputed making ~$40 million from Magic Mike, telling GQ, "I wouldn’t say a lot. That’s why we’re making another one. If I had $40 million, I don’t know if I’d be making another one. I don’t know if I’d be working as hard as I am. And that’s the God’s honest truth. I don’t like to be away from my friends and family that much."
How Much Does Channing Tatum Make Per Movie?
During the beginning of his career, Channing was taking home between $1 million to $3 million for movies like 21 Jump Street and The Book of Life. But his fee pretty much exploded thanks to the popularity of Magic Mike. Celebrity Net Worth reports that he got the following fees per movie in his post-Magic Mike era (around 2013-2016):
All that money is great, but Channing told Entertainment Weekly in 2017 that his #1 focus is making movies he's proud of. "I’ve done things where I thought they were going to be financially successful, and they failed," he said at the time. "For me, the only thing I can be super sure of at the end of the day is whether I’m proud that I made the movie, even if it never comes out."
He added, "When you start worrying about what the outcome is more than what you’re making, it’s really tough to make something that is pure. At the end of my life, when I have to look at my daughter in the face and go, ‘Daddy took time out of our lives, out of our relationship, to go do something,’ it better be worth it. It better not just be for money."
FWIW, it seems as though the actor truly *is* taking part in more films that make him happy as of late. Like, two of his most recent movies are Fly Me to the Moon and Blink Twice—the latter of which was directed by Channing's fiancée Zoë Kravitz. The Step Up alum recently dished to People that he recommends tackling "the hardest possible creative project" to get closer to your partner.
Though he and Zoë weren't *technically* together when they made Blink Twice, the celeb said working on the film served their relationship well in the long run: "This is what I'll say about creating with someone that you are with or love: I suggest it. If you are thinking about having a kid or if you're thinking about getting married, go find the hardest possible creative project with your partner."
Obsessed!
He's Scored a Huge History-Making Deal
Channing's upcoming project Red Shirt is a "spy thriller package," and apparently Amazon's acquisition of it was low-key history-making. The streaming giant forked over $50 million for Channing to star, David Leitch to direct, and Simon Kinberg to write—with Channing taking home $25 million of that total. According to The Hollywood Reporter, the deal is "one of the highest, if not the highest, in Hollywood dealmaking history for an original pitch".
And because Channing has gotten a hand at producing a number of films in the past, it should come as no surprise that he's taking the feat on again in this project—a move that will no doubt result in some extra $$$. But let's backtrack a bit...
Channing Is a Producer
On top of being an iconic actor, the A-lister *also* had his role in producing 2006's A Guide to Recognizing Your Saints. Right after its success, Channing, his wife at the time Jenna Dewan, and their production partner Reid Carolin all signed a production deal with Relativity Media, which the Magic Mic star still benefits from.
His Real Estate Portfolio Is *Chef's Kiss*