What Is Channing Tatum's Net Worth and Salary?
Channing Tatum is an American actor, dancer, producer, and model who has a net worth of $80 million. Channing Tatum is consistently a very highly-paid actor and has been the highest-paid actor in the world on at least one occasion thanks to an extremely lucrative deal that paid off handsomely for the film "Magic Mike." More info on his Magic Mike payday below, but, spoiler alert, Channing earned around $90 million pre-tax (pre-divorce) from the first two "Magic Mike" films. Tatum first gained attention appearing in the romantic comedy based on Shakespeare's "Twelfth Night," 2006's "She's the Man." He then gained critical attention for his performance in the independent film, "A Guide to Recognizing Your Saints," playing the brooding, troubled best friend of Shia LaBeouf's character. However, it was not until his performance in the surprise hit film "Step Up" that everyone started to pay attention.
Early Life
Channing Tatum was born Channing Matthew Tatum on April 26, 1980, in Cullman, Alabama. He is the son of Kay Tatum and Glenn Tatum (an airline worker and construction worker, respectively). He was raised in a rural setting in the bayous of Mississippi near the Mississippi River. He was active in sports growing up and had trouble with schoolwork due to a diagnosis of ADD and Dyslexia. Tatum attended Gaither High School in Tampa, Florida, and Glenville State College in West Virginia on a football scholarship. He later dropped out to return home, where he worked odd jobs. He started as a roofer and then eventually became a stripper at a local nightclub under the pseudonym Chan Crawford.
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Career
Tatum's first taste of showbiz came when he was cast as a dancer in Ricky Martin's "She Bangs" video in 2000 and was paid $400 for the job. He was discovered by a model talent scout and signed with Page 305 Modeling Agency. He began to model for big names like Gap, Armani, Dolce & Gabbana, and Abercrombie & Fitch, and then eventually moved into national TV ads for Mountain Dew and Pepsi in 2002. Tatum signed with Ford Models in New York City and continued to work with them until he began to pursue acting roles.
Channing's first big movie role was opposite Amanda Bynes in "She's the Man" (2006). Later that year, Tatum got his breakout role when he starred opposite Jenna Dewan in the box office hit "Step Up." From 2006 to 2009, Tatum starred in eight films.
He first tried his hand at producing with "A Guide to Recognizing Your Saints," teaming up with Dito Montiel as co-producer. Tatum played the starring role of Sean McArthur, a young hustler who makes a living scalping tickets in New York City. In early 2012, Tatum made a statement to "Details" magazine that he wanted to work as a producer on all the films he starred in in the future, as he wanted input from the ground up in creating each film. He and his then-wife (Jenna Dewan) and Reid Carolin, their production partner, signed a production deal with Relativity Media for any movies developed during that time.
Tatum had a huge year in 2012. He co-starred with Rachel McAdams in "The Vow" and with Jonah Hill in "21 Jump Street." In addition, he played the title role in the hit "Magic Mike," a role that catapulted him to the spotlight. Directed by Steven Soderbergh and co-produced by Tatum, the plot was loosely based on Channing's eight-month experience working as a male stripper in Florida. The film also starred Joe Manganiello and Matthew McConaughey. They worked within a modest budget of $7 million dollars, and the film went on to be a surprise box-office smash, raking in $167,221,571 worldwide. It was met with overwhelmingly positive reviews and was listed on many critics' top ten lists for the year. Tatum hosted "Saturday Night Live" that year, and in November 2012, he was named "People" magazine's Sexiest Man Alive.
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In 2012, Tatum teamed up yet again with Soderbergh to star in "Side Effects" alongside Rooney Mara and Jude Law. He appeared in "White House Down," another action movie, in 2013. Channing reprised his starring role from "21 Jump Street" in the successful sequel, "22 Jump Street" (2014.) Later in 2014, he starred with Steve Carell in "Foxcatcher." The film was nominated for several prestigious awards, including Oscars and a nomination for Best Picture at the Golden Globes. He reprised his role as Mike in the 2015 "Magic Mike" sequel "Magic Mike XXL," which he also co-produced. In 2015, he starred in the sci-fi epic "Jupiter Ascending." Since, Tatum has appeared in "The Hateful Eight" (2015), "Hail, Caesar!" (2016), "Kingsman: The Golden Circle" (2017), "Free Guy" (2021), "Dog" (2022), "The Lost City" (2022), and "Bullet Train" (2022). He had some voice roles along the way in films such as "The Lego Batman Movie" (2017), "Smallfoot" (2018), and "The Lego Movie 2: The Second Part" (2019). In 2023, Channing once again reprised the role of Michael Lane in "Magic Mike's Last Dance."
Tatum continues to both act and to have a heavy hand in production. He started two more production companies, 33andOut Productions and Iron Horse Entertainment. He has won more than 20 awards, including a People's Choice Award for Favorite Movie Actor in 2016. In 2022, "Time" magazine named Tatum one of the 100 most influential people in the world.
Channing Tatum's "Magic Mike" Payday
Channing took a big risk on the movie "Magic Mike." Instead of financing the movie in a traditional system, where a movie studio puts up the money and takes all the profits, Channing and fellow producer Steven Soderbergh financed the $7 million budget themselves and paid Warner Brothers a flat fee to distribute the movie. "Magic Mike" was a smash hit in terms of box office receipts, streaming, and DVD sales. The result was both Channing and Soderberg earning $60 million. The duo earned another $30 million apiece from the second movie.
"Red Shirt" Payday
Channing was paid $25 million to star in the Amazon original film "Red Shirt," which was written by Simon Kinberg. Simon reportedly was paid $8 million for his script and producing services. The film's director, David Leitch, was paid $18 million.
Personal Life
Channing met Jenna Dewan on the set of "Step Up" in 2006. They married on July 11, 2009, in Malibu. Their daughter, Everly, was born in London (where the couple had been living during the filming of "Jupiter Ascending") in May 2013. In April 2018, after almost nine years of marriage, Tatum and Dewan announced their separation. Their divorce was finalized in November 2019. Since they were married during some extremely successful years for Channing, Jenna is believed to have been paid a divorce settlement in the $20-30 million range, including real estate and ongoing spousal support.
In 2018, Tatum began dating singer Jessie J. The two broke up briefly in 2019 but reconciled in early 2020. In 2021, he started dating Zoë Kravitz, and they became engaged in 2023.
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Real Estate
In 2008, Channing and Jenna paid $2.6 million for a hillside home in LA's Laurel Canyon. In February 2018, they paid $6 million for a home in Beverly Hills, California. They no longer own the Laurel Canyon home and after the divorce, they listed the Beverly Hills home for $6 million, which ended up selling for $5.92 million in 2021.
After moving out, Channing rented a home in LA's San Fernando Valley for $25,000 per month. In May 2021, he paid $5.6 million for a home in LA's Brentwood neighborhood.
