Highlights
- Jennifer Garner wisely invested her first Hollywood paycheck, laying the foundation for a secure financial future for her family.
- From real estate to her baby food brand, Once Upon A Farm, Jennifer Garner's business acumen has significantly grown her $80 million net worth.
- Despite a challenging divorce with Ben Affleck, Garner's successful acting career and smart investments have continued to boost her wealth.
Jennifer Garner is widely known as America's sweetheart because of her welcoming smile and generous attitude, but many people don't know she's also super-intelligent and business savvy. The Juno star got into acting with a clear plan to make and invest her money so that she could leave something substantial for her family. That is why Jennifer Garner's first Hollywood paycheck was used wiser than most of her peers.
The Daredevil star, who was at the peak of her career from the late '90s to the early 2000s, made intelligent financial decisions with the wealth she made during that time. Garner was paid millions for her film roles; for 2007’s The Kingdom, she was paid $7 million and invested her money in real estate around that time. In this article, we look at how Jennifer Garner spent her first significant acting paycheck and how she spends her $80 million net worth today.
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Ben Affleck and Kevin Smith were the best of friends, until his marriage to Jennifer Garner got in the way.Jennifer Garner's First Movie Paycheck Was Used To Invest In Her Future
While Jennifer Garner, 51, was doing press for her 2015 film, Danny Collins, she shared a few things about how she started in Hollywood.
When asked what she did with her first paycheck , she replied, “I know exactly what I did. I took a couple of thousand dollars and put it in a retirement account that I still have, and I think now it's worth $2,005.”
The Daredevil star also revealed she used what was left of her first paycheck to “pay first and last month's rent and an apartment finders fee for my first real apartment for me and my friend.”
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During Jennifer Garner's appearance on The Ellen Show, DeGeneres made a comment that many fans felt was unwarranted.In 1999, after appearing in several TV shows, like Felicity and Time of Your Life, the actress used her salary to purchase a Sherman Oaks cottage for $790,000. Garner made many more home purchases in the following years, including a Spanish ranch-style cottage for $5.5 million in 2004, after appearing in DareDevil and 13 Going on 30.
Since her first significant TV role on Alias in 2001, Jennifer Garner’s career has soared, and so has her earnings per project. She was reportedly paid $40,000 per episode for the Alias TV show, which went up to $150,000 when its popularity skyrocketed; it totaled $3.3 million per season. The series ran from 2001 to 2006, giving Garner plenty of time to invest her growing fortune.
How Much Was Jennifer Garner Paid From Ben Affleck Divorce?
Jennifer Garner and Ben Affleck were married for 12 years and separated for two before they got a divorce in California. Since the state is a no-fault state, courts often enforce a 50-50 split of the fortune the Hollywood couple made during their time together. TMZ reported Jennifer Garner and Ben Affleck's divorce was hectic and time-consuming because Affleck and Garner did not have a prenup; all their fortune and property had to be split between them, regardless of who made the most money while they were together.
The former couple had bought a Los Angeles mansion in 2009 while married for $17.55 million, which they later sold to singer Adam Levine for a whopping $32 million in 2018. Affleck and Garner made a profit of more than $14 million, which they must have split as part of their divorce agreement.
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Conan O'Brien is considered to be one of the best talk show hosts because of moments like the time he embarrassed Jennifer Garner.Finalizing their divorce was not easy due to Ben Affleck’s sobriety issues. According to several reports, the Batman VS Superman actor told The New York Times that he started drinking heavily after his marriage with Garner began to deteriorate in 2015. By the time their marriage ended in 2018, Affleck could not even sign the divorce papers as he was facing more sobriety issues and had been checked into rehab by Garner to ease their new relationship as co-parents.
At the time, the former couple had a combined net worth of $190 million, which they might have split equally. Garner, who had a net worth of $60 million at the time, added a few million to her bank account after finalizing the divorce from the father of her three children.
How Jennifer Garner Earns And Spends Her $80 Million Net Worth
Jennifer Garner has been a successful leading lady for decades and has enabled her to amass an impressive net worth of $80 million. So how does Garner make money and spend it? Aside from acting, Jennifer Garner owns a lucrative brand of children's baby food called ‘Once Upon A Farm.’ In 2022, she revealed the brand she co-founded went from making less than $1 million per year to making $100 million in sales.
The actress gets paid a hefty sum per contract because of her A-list status and has done several commercials for brands like Neutrogena, Mercedes, and Capital One. CelebrityNetWorth estimates she earns between $10-15 million per 5-year contract working with these brands. Similar to how she spent her first Hollywood paycheck, Garner is still investing in property and entrepreneurial ventures.
In 2017, she purchased a 55-acre family farm in Oklahoma from her uncle where food from the farm goes to her 'Once Upon A Farm' company. After her divorce, Garner bought a Los Angeles mansion for her family for $7.9 million, which she reconstructed after tearing down the previous home. She also spends massive amounts of money on luxury cars and owns a Mercedes GL350, Tesla Model S, Land Rover LR4, Mercedes S63 AMG, Lexus RX400h, Lexus LS600hL, and a BMW Hydrogen 7.
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