What Is Matt Damon's Net Worth?
Matt Damon is an American actor, writer, producer, and philanthropist who has a net worth of $170 million. Matt Damon's big break came in 1997 when he co-wrote and starred in the Academy Award-winning film "Good Will Hunting." The film was a critical and commercial success, and it earned Damon and his co-writer Ben Affleck the Oscar for Best Original Screenplay.
In the years since "Good Will Hunting," Damon has starred in a number of other successful films, including "Saving Private Ryan" (1998), "The Talented Mr. Ripley" (1999), "The Bourne Identity" (2002), "The Departed" (2006), and "The Martian" (2015). His films have collectively grossed over $3.88 billion at the North American box office, making him one of the highest-grossing actors of all time.
Damon is also a successful producer. He has produced numerous films, including "Good Will Hunting," "The Departed," and "Manchester by the Sea." He is also a co-founder of the production company Project Greenlight, which has produced several successful independent films.
As we detail later in this article, Matt passed up the opportunity to be the highest-paid actor in history when he turned down an extremely lucrative film… but he's still managed to do quite well for himself.
Here are some of Damon's biggest box office successes:
- "Good Will Hunting" (1997): $225 million worldwide
- "Saving Private Ryan" (1998): $481 million worldwide
- "The Bourne Identity" (2002): $214 million worldwide
- "The Departed" (2006): $292 million worldwide
- "The Martian" (2015): $630 million worldwide
Early Life
Matthew Paige Damon was born on October 8, 1970, in Cambridge, Massachusetts. His parents, stockbroker Kent Damon and professor Nancy Carlsson-Paige, divorced when Matt was two. He and his brother, Kyle, were raised in Cambridge by their mother in a six-family communal house. One of Matt's childhood best friends is fellow A-lister Ben Affleck. Both boys wanted to be actors from a very early age. Damon attended Harvard University from 1988 to 1992 but dropped out 12 credits shy of a B.A. in English.
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Early Career
In the late '80s and early '90s, Matt landed a few roles in movies like "Mystic Pizza," "Courage Under Fire," and "School Ties." When he left school in 1992, it was to film "Geronimo: An American Legend," mistakenly thinking that it would be his first major box office success.
His big break came a few years later when he and Ben Affleck wrote and starred in "Good Will Hunting." The script began as Damon's school project which the friends later expanded into a screenplay while living together in Los Angeles. Damon and Affleck won an Academy Award and Golden Globe for Best Screenplay, and Damon was nominated for Best Actor for the film. The duo went from obscurity to fame practically overnight, which created a bit of culture shock for both.
Other important film roles quickly followed in blockbusters, such as "The Rainmaker," "Saving Private Ryan," and "The Talented Mr. Ripley." Although some of the films he made in the late '90s and early 2000s were flops at the box office, Damon's performances were generally well-received.
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Film Franchises
Matt Damon struck serious pay dirt when he was cast in George Clooney's "Ocean's" trilogy. He appeared in all three installments as conman Linus Caldwell. The cast featured some of the biggest names in the industry. The A-List cast all famously took a serious pay cut from their regular salaries to make the movie.
The actor found another cash cow when he landed the starring role in the Jason Bourne franchise. "The Bourne Identity," which was released in 2002, earned him critical acclaim as well as a reputation as an up-and-coming action hero. He reprised his role in two more Bourne films but opted not to appear in the fourth, "The Bourne Legacy," which was released in 2012. Damon came back for the fifth movie of the series, 2016's "Jason Bourne." He earned a collective $87 million for all four Bourne films.
Awards and Honors
Matt Damon received a star on the Hollywood Walk of Fame in 2007. He has received numerous award nominations throughout his career, including five Oscar nominations, five from the Screen Actors' Guild, and seven Golden Globes nods. Damon has won an Academy Award and two Golden Globe Awards. In 2007, "People" magazine named him the Sexiest Man Alive.
Producing
Along with Ben Affleck and others, Damon produced the reality series "Project Greenlight," in which first-time filmmakers were given the opportunity to develop their own film projects. Damon, Affleck, and Chris Moore founded the production company LivePlanet to produce the show. Later, Damon and Affleck went on to found another production company, Pearl Street Films.
Matt famously gave up the lead acting role in "Manchester by the Sea" and instead opted to act as a producer. His replacement, Casey Affleck (Ben's little brother), went on to win an Oscar for the role. In 2023, he starred in "Air," co-starring and directed by Ben Affleck, and Christopher Nolan's "Oppenheimer," playing the role of Leslie Groves, the director of the Manhattan Project.
(Photo by Angela Weiss/Getty Images)
Philanthropy
Matt is extremely passionate about philanthropy and supports 37 charitable organizations. He is an ambassador for ONEXONE, a nonprofit organization that seeks to improve the lives of children in North America, and a spokesperson for Feeding America, a foundation that fights hunger. He founded the H2O Africa Foundation and co-founded the Not On Our Watch Project, which aims to prevent mass genocide such as that in Darfur. Other organizations include the One Campaign and Water.org.
Personal Life
In 2003, Matt was in Miami filming the comedy "Stuck On You." One night in a local club, he met Luciana Barroso, then a bartender and single mom, and knew right away that he wanted to marry her. They got married in 2005 and have had three more children together.
Jimmy Kimmel "Feud"
Damon and Jimmy Kimmel have had a longstanding public "feud" stretching back to the early days of "Jimmy Kimmel Live!" It originated with a simple, off-the-cuff joke: Kimmel wrapped up a rather disappointing show filming with the one-liner, "I want to apologize to Matt Damon. We ran out of time," suggesting that A-lister Damon was bumped from the show. Since then, the two have taken numerous public swipes at one another, but it's all in good fun; Damon and Kimmel are actually friends.
"Avatar" Missed Paycheck
In October 2019, Matt revealed that he was offered a starring role in 2009's "Avatar." As part of the offer, he would have received a portion of the movie's box office profits. "Avatar" went on to become the second highest-grossing movie in history with more than $2.8 billion in worldwide gross. Damon told the interviewer in 2019 that he would have eventually earned $250 million from the deal.
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Controversy
In 2017, at the height of the Harvey Weinstein controversy and the #MeToo movement, Damon gave a series of interviews in which he seemed to minimize the abuse suffered by sexual assault victims. In 2018, he apologized for his comments during an appearance on "The Today Show."
Real Estate
In 2012, Matt and Luciana paid $15 million for an impressive mansion in the Pacific Palisades neighborhood of Los Angeles. They listed the 13,500-square-foot home for sale in January 2021 for $21 million. They lowered the price to $17.9 million in August 2021 and found a buyer a month later.
In 2017, they paid $16.8 million for a penthouse in the Brooklyn Heights neighborhood of New York City. At the time, it was the highest price ever paid for a home in Brooklyn.
In 2022, Damon purchased a Westchester County retreat in Bedford, New York, for $8.5 million.
In April 2024, Matt paid $9 million for a condo in Los Angeles.
