Tim Allen Net Worth: How Rich Is Tim Allen?

We will talk about Tim Allen’s Net Worth. Known professionally as Tim Allen, American actor Timothy Alan Dick is a global superstar. On June 13, 1953, Dick was born in Denver, Colorado. He was the third oldest of six children born to his parents. His mother worked in community service, and his father was a real estate agent. Growing up with his family was rewarding for Dick. Sadly, his father passed away in a car crash in 1964, leaving a void in the family.

At that time period, Dick was only 11 years old. However, his mother eventually remarried and uprooted the entire family to Birmingham. He decided to pursue acting training and quickly found a deep interest in it. Soon after, he expanded his talents to include stand-up comedy. Dick has been married twice; his first wife was Laura Deibel, in 1984. While his first marriage to Jane Hajduk ended in 2003, he remarried in 2006. Moreover, he is the father of two young children. Let’s dig deep into Tim Allen’s Net Worth.

How Rich Is Tim Allen?

The Hollywood superstar Tim Allen has amassed a huge fortune thanks to his stellar performance over the course of his career. Allen’s career as a comedian began in the distant past, in 1975. After appearing in a string of critically acclaimed films and TV series, he quickly became a household name. Allen is also very familiar with the commercial world, having appeared in numerous spots. After appearing in several high-budget productions in 1990, he found enormous success. Allen’s current net worth is $110 million, which is extremely high.

Tim Allen Net Worth: Early Life

Allen was born Timothy Alan Dick on June 13, 1953, in Denver, Colorado. He is the youngest of six siblings. After Timothy was only 11 years old, his real estate agent’s father passed away in a car accident. Two years later, his mom remarried and moved the kids to Michigan with her new husband. The family had grown to nine members with the addition of his mother’s new husband and his three siblings.

During his time as a high school student, Allen discovered his passion for acting. By honing his piano skills, he also became a talented musician. Although he would later find success in show business, Tim Allen didn’t major in acting or comedy in college. He started his education at Central Michigan University and finished it at Western Michigan University, where he earned a BS in communications in 1976. During college, Allen focused primarily on radio and television production, and he became heavily involved with the campus radio station.

Tim Allen Net Worth: Career

Tim Allen became interested in comedy after a 1975 dare from friends. The Detroit crowd loved his stand-up comedy. He quickly became famous, appearing in cable comedy specials and commercials. In 1978, Tim Allen was arrested for drug trafficking. Allen had 1.5 kilograms (about 3 pounds) of cocaine at Battle Creek International Airport. He provided the names of other drug dealers for a 3-year sentence. Allen served two years of a life sentence for his crime.

Allen immediately returned to stand-up comedy at the Comedy Store in Los Angeles. This led to several talk show appearances. Tim Allen’s varied stand-up routines have sustained his career. He tours stand-up comedy occasionally.

Home Improvement’s 1991 debut for Tim Allen as Tim Taylor. Allen, who had no acting experience, said he drew on his own life to create his character on the show. Wind Dancer Productions made Home Improvement.

The Santa Clause, starring Tim Allen, was 1994’s highest-grossing film. Allen voiced Buzz Lightyear in Toy Story the year after. He appeared in Jungle 2 before playing Buzz in Toy Story 2. (1997). Tim Allen was arrested for DUI again that year.

Tim Allen
Source: Tim Allen

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In Galaxy Quest, he co-starred with Sigourney Weaver, Alan Rickman, and Sam Rockwell. Allen appeared in Santa Clause 2, 3, and Christmas with the Kranks in the 2000s. He starred in Redbelt, Zoom, and The Shaggy Dog in the same decade. Crazy on the Outside, Tim Allen’s directorial debut, ended the decade.

Tim Allen returned to sitcoms with ABC’s 2011 Last Man Standing. A traditional father is the only male in a female household in the show. The show, like Home Improvement, reflects Allen’s life as a Republican in a female-dominated family. Fox picked up the show in 2018 after ABC canceled it. El Camino Christmas cast Tim Allen days before ABC canceled Last Man Standing.


Don’t Stand Too Close to a Naked Man, written by Tim Allen in 1994, was the best-selling book in the United States that year. He followed up his debut album with the critically acclaimed I’m Not Really Here in 1996.

Tim Allen Net Worth: Personal Life

In 1984, Tim Allen tied the knot with Laura Deibel. Before breaking up in 1999, they had a daughter together in 1989. Jane Hajduk became Tim Allen’s second wife in 2006. They were together for five years before getting married. Tim Allen and Jane Hajduk welcomed their daughter in 2009.

Tim Allen is famous for his conservative Republican views. He’s been interviewed by Sean Hannity on Fox News, and he’s a big fan of the Republican Party and its candidates for president. During the 2016 presidential election, he switched his support from John Kasich to Donald Trump.

Highest Paid Actor & Salaries

At the height of his Home Improvement career, Allen was earning $1.25 million per episode. After adjusting for inflation, that is equivalent to about $1.9 million per episode in the present day. Tim is the fifth highest-paid TV actor ever in terms of salary per episode, regardless of whether you adjust for inflation or not.

Tim Allen earns more than $235,000 per episode of Last Man Standing. Toy Story 2’s salary was $5 million, Galaxy Quest’s was $2 million, and Joe Somebody’s was $12 million. For the original Toy Story, he reportedly made only $50,000.

Tim Allen’s endorsement deals and advertising deals contribute significantly to his wealth. He voiced the “Pure Michigan” campaign for Travel Michigan’s television and radio ads in 2009. When the Chevrolet Cruze was released in 2010, he voiced the commercials. In the same year, he also voiced a commercial for Campbell’s Soup called “It’s Amazing What Soup Can Do.”

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Tim Allen Assets

Tim Allen, an American celebrity, has devoted the majority of his life to acting. He has homes and property in both Birmingham, Alabama, and Denver, Colorado. More American real estate can be found in Tim Allen’s portfolio.

Tim Allen is a very wealthy American Icon who has a large car collection and enjoys taking his vehicles for solo drives. He has a large collection of luxury vehicles, including a Bentley, Maybach, and multiple Mercedes models.

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