Tom Selleck

Tom Selleck net worth in 2024 has been a popular topic among fans. Known for his charming roles in shows like Magnum, P.I. and Blue Bloods, Selleck has stayed in the spotlight for decades. His success in Hollywood has made him one of the most respected actors in the industry.

Let’s take a simple look at how he earns his money and what makes him such a lasting star.

Full NameThomas William Selleck
Date of BirthJanuary 29, 1945
Place of BirthDetroit, Michigan, USA
OccupationActor, Producer
Height6 feet 4 inches (193 cm)
SpouseJillie Mack (m. 1987)
Jacqueline Ray (m. 1971–1982)
ChildrenHannah Selleck
Net Worth$45 million

What is Tom Selleck Net Worth in 2024?

Tom Selleck Net Worth

Tom Selleck is an acclaimed American actor and director with an estimated net worth of $45 million as of 2024, according to Parade. Best known for his role as Thomas Magnum in Magnum, P.I., Selleck has also earned from starring in Blue Bloods and directing several projects. His wealth is attributed to decades of acting success, endorsement deals, and real estate investments.

Selleck’s wealth comes mainly from his acting career. He became famous for his role as Magnum in the TV show Magnum, P.I., which ran from 1980 to 1988. He earned about $500,000 per episode in later seasons, which was a lot at the time. His work on TV shows like Blue Bloods, where he reportedly earns around $200,000 per episode, has added to his wealth.

Selleck has also acted in many movies and made money through endorsements and commercials, like his ads for reverse mortgages.

Tom Selleck’s Salary

According to Parade, Tom Selleck earned $200,000 per episode of Blue Bloods. This added up to around $5 million per season. Back in 1985, when he was on Magnum P.I., he made $500,000 per episode. If you adjust that for inflation, it’s like making $1.2 million per episode today.

Tom Selleck’s Early Life

Thomas William Selleck was born in Detroit, Michigan, on January 29, 1945. His parents were Martha Selleck, a housewife, and Robert Dean Selleck, a real estate executive. He has an older brother named Robert, a younger sister named Martha, and a younger brother named Daniel.

Selleck has mostly English roots, with some German ancestry. His family traces back to an English colonist, David Selleck, who came to America in 1633. Through him, Selleck is part of the 11th generation born in North America.

In 1948, Selleck’s family moved to Sherman Oaks, California. He graduated from Grant High School in 1962 and attended Los Angeles Valley College. Later, he transferred to the University of Southern California to play basketball and baseball. While at USC, he joined the Sigma Chi fraternity and the Trojan Knights.

He started studying Business Administration, but a drama coach encouraged him to act. Selleck dropped out of college in his senior year to pursue acting and trained at the Beverly Hills Playhouse under Milton Katselas.

Tom Selleck joined the California Army National Guard after getting a draft notice during the Vietnam War. He served in Company C, 1st Battalion, 160th Infantry. He was in the military from 1967 to 1973 and reached the rank of sergeant.

Tom Selleck’s Career

Early work

Tom Selleck Career

Tom Selleck’s journey began with small TV appearances. He first appeared as a college senior on The Dating Game. Later, he acted in commercials for products like Pepsi and Salem cigarettes. His early acting included small parts in films like Myra Breckinridge, Coma, and The Seven Minutes. He was also seen in TV shows and commercials, including one for Right Guard with Farrah Fawcett. In the B-movie Daughters of Satan, Selleck had a starring role.

Selleck’s love for the outdoors and cowboy culture led to roles in Western films. Notable ones include The Sacketts with Sam Elliott and Quigley Down Under. His performance in Last Stand at Saber River earned him a “Western Heritage Award.”

Magnum, P.I

Tom Selleck’s big break came when he starred as Thomas Magnum in Magnum, P.I.. The show ran for eight seasons with 163 episodes, making Selleck a household name. He played a former Navy SEAL turned private investigator in Hawaii. His mustache, Hawaiian shirts, and Detroit Tigers cap became iconic. Magnum’s Ferrari 308 GTS also added flair to the series.

Selleck’s dedication to the show meant he turned down the role of Indiana Jones in Raiders of the Lost Ark. He chose to honor his commitment to Magnum, P.I., which he described as the best decision of his career. For his role, he won an Emmy Award for Outstanding Lead Actor in 1984.

During his Magnum years, Selleck explored diverse roles. He played a detective in Runaway and starred in the comedy Three Men and a Baby, a major box office hit. He later appeared in films like Her Alibi and An Innocent Man. He declined the lead in Baywatch, not wanting to be typecast as a sex symbol.

TV and Movies

Tom Selleck had a successful career in both TV and movies. He became famous in the 1980s for playing Thomas Magnum in Magnum, P.I.. In the 1990s, he starred in Quigley Down Under and Three Men and a Little Lady. He also appeared in Mr. Baseball and In & Out, where he played his first gay character. His role as Richard Burke on Friends earned him an Emmy nomination in 2000.

Selleck did voice-over work for AT&T’s “You Will” ad campaign in the 1990s. He also hosted The Practical Guide to the Universe on TLC. In 1998, he returned to TV in The Closer, but the show was canceled after 10 episodes due to low ratings.

In 2001, he starred in the Western TV movie Crossfire Trail. He also performed in the Broadway play A Thousand Clowns but faced tough competition with Jason Robards’ past performance. The show closed after the 9/11 attacks.

Selleck portrayed General Dwight D. Eisenhower in the TV movie Ike: Countdown to D-Day. He also appeared in Killers in 2010. Since 2005, he has starred as Jesse Stone in a series of made-for-TV movies. The Jesse Stone films, based on Robert B. Parker’s novels, have been a major part of his career.

In 2007, Selleck joined the cast of Las Vegas as A. J. Cooper, taking over from James Caan. Since 2010, he has played Frank Reagan on Blue Bloods, a show about a family of law enforcement officers in New York City. The show is still running in its final season in 2024.

In 2012, Selleck appeared in ads for Coldwell Banker. Since 2016, he’s been the spokesperson for American Advisors Group. He also appeared in Boston Legal as Ivan Tiggs.

In 2021, Selleck made his album debut by singing “Yessir, That’s My Baby” with Nicolas King on King’s album Act One.

Tom Selleck’s Personal Life

Tom Selleck and Jillie Mack

Tom Selleck was married to model Jacqueline Ray from 1971 to 1982. During their marriage, he adopted her son, Kevin Shepard. Kevin became the drummer for the band Tonic. In 1987, Selleck married Jillie Joan Mack, and they have a daughter, Hannah, born in 1988.

Selleck is an Episcopalian. He learned how to cross himself from his Blue Bloods co-star, Bridget Moynahan while playing a Catholic character.

Tom and his family live on a 60-acre avocado ranch in California, previously owned by Dean Martin. He enjoys working on the ranch, fixing roads, and clearing brush. He prefers working outside to going to the gym.

Selleck is a skilled volleyball player. He played for the Outrigger Canoe Club in Honolulu. His son, Kevin, played volleyball at USC and became an All-American in 1990.

Tom is also a big ice hockey fan. He supports the Los Angeles Kings and enjoys watching Anže Kopitar and Alexander Frolov play. He once owned a part of the Detroit Tigers, his favorite baseball team, and even hit a home run during batting practice.

His Magnum P.I. co-star, Larry Manetti, praised Selleck for his hard work and support of the cast and crew. He also worked with Hawaiian charities during the show.

In 2009, Selleck became the national spokesman for the Vietnam Veterans Memorial Fund’s new Education Center.

After James Garner died in 2014, Selleck spoke about their friendship. He called Garner a mentor and said he would miss him. Two years later, Selleck mentioned the pressure of being seen as a mentor himself.

In 2015, Selleck was sued over water usage during a severe drought in California. He was accused of transferring water to his avocado farm. He settled by paying a fee of $21,685.55 to cover investigation costs.

Tom Selleck’s Real Estate

Hawaii Home

In 1993, Tom Selleck bought a home in Hawaii. He lived there with his wife and daughter for many years. In 2001, he sold it for $2.48 million. Selleck made many changes to the house. He added a private movie theater where he and his Magnum P.I. co-stars would watch their work. The house also had a concrete “safe room” with a strong bank vault door.

Ranch in California

In 1988, Selleck bought a 65-acre ranch in Ventura, California for $5 million. The ranch has tennis courts, swimming pools, a golf course, and even a heliport. Selleck enjoys doing farm work to stay relaxed. In 2015, he was sued for taking too much water from a local supply to water his avocado farm during a severe drought. He paid $21,685.55 to settle the case.

Los Angeles Condo

Before buying the ranch, Selleck had an apartment in Los Angeles. He worked with James Blakely III to turn it into a rustic home. The apartment had 1,800 square feet of space and looked like an Edwardian country villa. It was a unique mix of rustic and modern living in the heart of the city.

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Mohit Wagh
Mohit Wagh specializes in celebrity net worth and financial analysis. Known for clear, accurate content, he brings readers closer to the financial side of entertainment.