How Much Did Channing Tatum Make for 'Magic Mike,' You Ask? The Limit Does Not Exist (2024)

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):

'White House Down' (2013): $8 million
'Foxcatcher' (2014): $14 million
'22 Jump Street' (2014): $15 million
'Hail, Ceasar!' (2016): $19 million
'Magic Mike XXL' (2015): $21 million
'Jupiter Ascending' (2015): $22 million
'23 Jump Street' (2016): $25 million

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*

Yep, in 2008, Channing and his ex-wife Jenna Dewan had a $2.6 million hillside home in Los Angeles's Laurel Canyon *and* a $6 million home in Beverly Hills, both of which they subsequently sold after the divorce according to Celebrity Net Worth. And all that house $$$ definitely contributed to the actor's overall net worth.

And more recently, aka in May 2021, the celeb paid $5.6 million for a home in Brentwood, California. The more ya know!

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!

How Much Did Channing Tatum Make for 'Magic Mike,' You Ask? The Limit Does Not Exist (2024)

FAQs

How Much Did Channing Tatum Make for 'Magic Mike,' You Ask? The Limit Does Not Exist? ›

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.

What is Magic Mike's net worth? ›

In addition to royalties from his acting gigs and Magic Mike properties, he had made numerous investments through the years in companies such as Manscaped, Runa energy drink and more. An October 2023 Forbes report put his estimated net worth at $80 million.

Why does Jenna Dewan want Channing Tatum's money? ›

In November 2019 the couple were declared legally single, though they have continued to dispute over money. The crux of the issue seems to be that Dewan believes she is entitled to half of the money Tatum made from his Magic Mike movie franchise, because she and her lawyer argue it was developed using "marital funds."

How much does Channing Tatum cost? ›

An example fee to book Channing Tatum is in the starting range of $500,000-$749,000. However, any recent popularity change would cause a price fluctuation well beyond this example.

How much money has the Magic Mike franchise made? ›

Box Office History for Magic Mike Movies
Release DateTitleDomestic Box Office
Jul 1, 2015Magic Mike XXL$66,013,057
Jun 29, 2012Magic Mike$113,721,571
Averages$68,589,420
Totals3$205,768,261
2 more rows

How much did Channing Tatum make off of Magic Mike? ›

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.

How much do Magic Mike live performers make? ›

The highest-paying job at Magic Mike Live is a Magician with a salary of $58,274 per year (estimate). The lowest-paying job at Magic Mike Live is a Stripper with a salary of $32,159 per year (estimate). Magic Mike Live employees attributed a compensation and benefits rating of 4.6/5 stars to their company.

Why is Channing Tatum's head shaved at the end of the movie? ›

After shooting ended, Tatum "let go" of the character he portrayed by following his post-production "ritual" of shaving off all his hair. "There is nothing and i mean nothing as good as finishing the hardest job of my life. And then shaving my head and letting the character go. It's a bit of a ritual.

How much did Channing Tatum get paid for dog? ›

How much did Channing Tatum get paid for Dog? For his directorial debut 2022's Dog, it has been reported Channing Tatum was paid $2.5 million. The movie had an estimated budget of $15 million.

Does Channing pay child support? ›

In his declaration, Channing said that there have never been any orders for child support. He said that they reached a tentative agreement on child support in 2021.

Is Channing Tatum married in real life? ›

Personal life

In 2006, Tatum met actress Jenna Dewan on the set of their film Step Up, and they married on July 11, 2009, in Malibu, California. They have one daughter, born in 2013.

Can you hire Magic Mike? ›

Absolutely, DJ Magic Mike can provide an unforgettable experience for your wedding or private event. For DJ Magic Mike wedding performance inquiries or to plan a DJ Magic Mike surprise performance, reach out through our request form, and we'll guide you through the booking process.

Can you rent Channing Tatum? ›

Channing Tatum is available for exclusive private events, significant public speaking opportunities, and virtual appearances worldwide. Pricing and availability will depend on your event and its requirements.

Did Magic Mike's last dance make money? ›

The film grossed $57 million worldwide and received mixed reviews from critics.

How much of Magic Mike is a true story? ›

Tatum was only a male stripper for about "eight months" and never "made a career out of it" but knew the world well enough. While Magic Mike is not a true story nor does it chronicle true events in Channing Tatum's real life, it is inspired by Tatum's personal experiences as a male stripper in Florida.

How much is Channing Tatum worth in 2024? ›

What is the net worth of Chatum Tanning? As of 2024, the net worth of Channing Tatum is USD 80 million.

What is Magic Mike's intellectual property worth? ›

Channing Tatum's Magic Mike movies have turned into a $125 million business empire | Fortune.

What does Magic Mike do for a living? ›

In the first film, Mike is an aspiring furniture designer by day and the lead dancer at the Xquisite Strip Club in Tampa, FL., by night, working odd jobs as a handyman and jack-of-all-trades to pursue his dream of owning his own custom furniture business.

Why does Magic Mike owe his friends money? ›

Mike has lost his furniture business to the pandemic, he owes money to his friends, and Maxandra (Salma Hayek Pinault, playing a ridiculous role with a lot of fun, pathos, and magenta) is paying him an absurd amount of money to put on a show.

How much did it cost to make Magic Mike XXL? ›

Magic Mike XXL grossed $66 million in North America and $51.8 million in other territories for a worldwide total of $117.8 million, against a budget of $14.8 million.

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