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On the Celebrity Net Worth website, this claim is made:

Michael Moore net worth: Michael Moore is a documentary filmmaker and author who has a net worth of $50 million.

Is this true? This seems incredible to me because of his movies.

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2  
Note: Michael Moore's net worth has been a political football since, at least, the Occupy protests. Please focus answers on referenced, empirical facts, not ideology. –  Oddthinking Jul 23 at 17:02

1 Answer 1

up vote 13 down vote accepted

The following is most likely to be true:

It is mentionned and well-sourced on wikipedia:

Moore married movie producer Kathleen Glynn on October 19, 1991. He filed for divorce on June 17, 2013. At the time of his divorce, he was estimated to have a net worth of $50 million.

However, all sources point out to http://www.celebritynetworth.com/. But you should know that it is estimated. According to that website, he:

  • sold a documentary to Warner Brothers for $3,000,000(1).
  • released ten documentaries, several books and a television show.(2)
  • reportedly generated an additional $17,000,0000 from Sicko.(3)
  • received an advance of $1 million for “Dude Where’s My Country” and also a huge percentage from book sales.(4)
  • earned $21,600,000 from Fahrenheit. (5)
  • gained $2,190,000 from DVD sales. (4)

Do the math, it is close to $50,000,000.

Google provided this link also,

hakuna matata

(1) "Roger & Me," commentary by Michael Moore in special features added in 2003 to the DVD. December 2003, see also.

(2) Moore's wikipedia page.

(3) See this report form LA times.

(4) See this report. Not sure if reliable though.

(5) "Film-maker Michael Moore sues Weinstein brothers". BBC. 9 February 2011. Retrieved 5 October 2011.

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7  
The study appears to show that Michael Moore has been paid a total of $50 million over the past couple of decades. That isn't the same as having a net worth of $50 million. –  DJClayworth Jul 23 at 19:08
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@fredsbend How so? Did the house become worthless during the housing crash? –  user20862 Jul 23 at 19:57
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@Cincinnatus You have to subtract expenditures. If he bought a car ten years ago, it's worth less now (if anything). If he spent $10,000 on a vacation that's $10,000 he doesn't have. A home is the thing least likely to depreciate. –  DJClayworth Jul 23 at 20:04
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We're not studying nor interested in Mr. Moore's exact wealth. We're just verifying the validity of this claim and making sure it's not a hoax! –  georgechalhoub Jul 23 at 21:00
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@fredsbend You can save confusion in the future by using the term "expenses" instead of "expenditures". A capital expenditure retains net-worth, minus net depreciation. An expense is money pissed into the wind. –  corsiKa Jul 23 at 22:47

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