What is Jon Favreau's Net Worth?
Jon Favreau is an American actor, director, screenwriter, voiceover artist, and producer who has a net worth of $200 million. Jon Favreau is most widely recognized for his directing work on the "Iron Man" franchise, "Elf" (2003), and "The Lion King" (2019). He also wrote and starred in the films "Swingers" (1996), "Made" (2001), "Couples Retreat" (2009), and "Chef" (2014) and had a recurring role on "Friends" as Pete Becker, Monica Geller's millionaire boyfriend.
Jon is also known for his voice work in projects such as "Open Season" (2006), "G-Force" (2009), "Solo: A Star Wars Story" (2018), and "Star Wars: The Clone Wars" (2010-2013). He also created "The Mandalorian," a "Star Wars" TV series that began streaming on Disney+ in 2019, and "The Book of Boba Fett" in 2022. Jon owns 2 production companies: Fairview Entertainment and Golem Creations.
Disney Contract
In 2019, Jon signed a 5-year, $125 million contract to make shows and films for Disney. The deal was reportedly bolstered because the shows would mostly not have theatrical releases and he would therefore not have the ability to earn backend bonuses.
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Early Life
Jon Favreau was born Jonathan Kolia Favreau on October 19, 1966, in Flushing, Queens, New York. His mother, Madeleine, taught elementary school and passed away from leukemia in 1979, and his father, Charles, worked as a special education teacher. Jon attended a school for gifted students, The Bronx High School of Science, and graduated in 1984. He enrolled in Queens College as a pre-engineering student but dropped out in 1987 and took a job at Bear Stearns. While attending Queens College, Favreau was involved with the Center for Human Relations and the College Union Program Board, and he served as the chairman of the Freshmen Weekend committee. Jon briefly returned to college in 1988, but he dropped out again, and that summer he moved to Chicago, where he began performing with improv groups like the Improv Institute and ImprovOlympic.
Career
In 1992, Favreau was cast in biographical football drama "Rudy," which filmed in Illinois and Indiana; Vince Vaughn also had a role in the movie, and he would go on to become Jon's friend and frequent collaborator. In 1994, Favreau appeared in "PCU" and played Eric the Clown on an episode of "Seinfeld. He relocated to Los Angeles, and his screenplay "Swingers" was made into a film starring Jon and Vince in 1996. The film was a hit with both critics and audiences, and it earned director Doug Liman an MTV Movie Award for Best New Filmmaker. The following year, Favreau appeared on 6 episodes of "Friends," and in 1998, he starred in science fiction film "Deep Impact" and black comedy "Very Bad Things." He played the title role in the 1999 TV movie "Rocky Marciano," and in 2000, he appeared in football comedy "The Replacements" and played himself on an episode of "The Sopranos." He reunited with Vaughn in 2001 for "Made," which Jon wrote, directed, and produced (Vince was also a producer on the film). Also in 2001, Favreau directed an episode of Judd Apatow's Fox series "Undeclared" and began hosting "Dinner for Five," which ran until 2005 on the Independent Film Channel.
In 2003, Favreau appeared in "Daredevil," "The Big Empty, " and "Something's Gotta Give." He also directed Will Ferrell and Zooey Deschanel in "Elf," which grossed $220 million worldwide and quickly became a Christmas classic. Jon directed "Zathura: A Space Adventure" in 2005, and though the movie received positive reviews, its $64.3 million gross was less than its budget ($65 million). In 2006, he teamed up with Vaughn again for "The Break-Up," voiced Reilly the beaver in " Open Season," and guest-starred on "My Name Is Earl" and "Monk." Favreau then directed his first Marvel movie, 2008's "Iron Man," which grossed $585.3 million worldwide; he also directed 2010's "Iron Man 2," which was even more successful with a worldwide gross of $623.9 million. Though Jon did not return to direct 2013's " Iron Man 3, " he produced all 3 movies in the franchise and played Happy Hogan, Tony Stark's driver. He also produced Marvel's "Avengers: Age of Ultron" (2015), "Avengers: Infinity War" (2018), and "Avengers: Endgame" (2019). He also portrayed the role of Happy Hogan in "Spider-Man: Far From Home" (2019) and "Spider-Man: No Way Home" (2021).
(Photo by Alberto E. Rodriguez/Getty Images for Disney)
Favreau reunited with Vince Vaughn yet again in "Four Christmases" (2008) and "Couples Retreat" (2009), which was written by Jon, Vince, and Dana Fox. He directed and produced 2011's "Cowboys & Aliens," which grossed $174.8 million worldwide, just $11.8 million more than its budget. Favreau's directorial follow-up, 2014's "Chef" (which he also wrote, starred in, and produced), received positive reviews and won an award at the Tribeca Film Festival as well as an AARP Movies for Grownups Award. In 2016, he directed "The Jungle Book," which grossed a whopping $966.6 million. "The Jungle Book" was the highest-grossing film Jon had directed until 2019's "The Lion King," which grossed an astounding $1.657 billion, making it the highest-grossing animated film, musical film, remake, and Disney movie of all time. Also in 2019, Favreau began co-hosting "The Chef Show" with Roy Choi on Netflix, and "The Mandalorian" began streaming on Disney+; in addition to creating the series, Jon serves as a writer, director, and executive producer. "The Book of Boba Fett" aired on Disney+ in 2021, and in 2022, Favreau produced the documentary series "Prehistoric Planet" for Apple TV+.
Personal Life
Jon married Joya Tillem on November 24, 2000, and the couple welcomed son Max in July 2001, daughter Madeleine in April 2003, and daughter Brighton in August 2006. Favreau enjoys playing poker and competed on "Celebrity Poker Showdown" in 2004, playing for charity against Andy Richter, Maura Tierney, Tom Everett Scott, and James Blake.
Awards and Honors
Favreau has won several awards for his work, including a 1997 Florida Film Critics Circle Award for "Swingers," a 2014 Tribeca Film Festival Audience Award for "Chef," a 2016 Hollywood Film Award for "The Jungle Book," and a 2020 CinEuphoria Award for "The Lion King." In 2019, the Academy of Science Fiction, Fantasy & Horror Films honored him with the Visionary Award, 10 years after awarding him the Best Director award for "Iron Man." The Visual Effects Society Awards gave Jon a Lifetime Achievement Award in 2018, and he was named a Disney Legend in 2019. On February 13, 2023, Favreau received a star on the Hollywood Walk of Fame.
Real Estate
Santa Monica: In Santa Monica Jon and his wife Joya own a three-property compound which they pieced together over three transactions for a total of $7 million between 2002 and 2021.
Venice: In 2016, Favreau paid $5.25 million for the former Allan's Aquarium in Venice, California, as well as an adjacent home. He uses this property as his production company's headquarters.
Laguna Beach: In May 2021 Jon paid $24.3 million for an 8,600 square foot mansion located within a gated community called Irvine Cove in Laguna Beach, California.
