How Much Did Channing Tatum Made for 'Magic Mike,' You Ask? The Limit Does Not Exist
8th December 2022

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 (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, Chan 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 keep the film’s $167 million box office return (minus Warner Bros’ distribution fee), which resulted in a huuuuuge pay day.

“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 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. “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.”

He Just Scored a Huge History-Making Deal

Channing’s latest 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. According to The Hollywood Reporter, the deal is “one of the highest, if not the highest, in Hollywood dealmaking history for an original pitch”

So, What Is Channing Tatum’s Net Worth?

Thanks to all these movies and a few casual millions tied up in L.A. real estate, Celebrity Net Worth reports that Channing has a net worth of $80 million. And if that sounds kinda low considering his per-movie fee, keep in mind that this is post-taxes and expenses!

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