Richard Gere Net Worth - Pulptastic

June 23, 2024

What is Richard Gere’s Net Worth?

Richard Gere is an American actor with a net worth of $120 million. He gained fame in the 70s and is best known for his roles in “Pretty Woman,” “An Officer and a Gentleman,” and “Chicago.” Gere has received numerous nominations for prestigious awards such as the Golden Globe and SAG Awards. Additionally, he is an advocate for human rights in Tibet.

Early Life and Education

Richard Gere was born on August 31, 1949, in Philadelphia, Pennsylvania. He attended North Syracuse Central High School where he excelled at trumpet, music, and gymnastics. After graduating in 1967, he attended the University of Massachusetts Amherst on a gymnastics scholarship and majored in philosophy but left after two years without graduating.

Gere’s mother was a housewife, and his father worked as an insurance agent for Nationwide Mutual Insurance Company.

Richard Gere’s Career Highlights

Richard Gere started his career in theater and emerged as a talent on and off-Broadway. He made his Hollywood debut in the mid-to-late 70s and gained attention for his roles in small films. Gere became a leading man and sex symbol after his role in American Gigolo and solidified his status with hits like An Officer and a Gentleman, Pretty Woman, and Chicago.

Despite a quiet decade in the 80s, Gere returned to the spotlight in the 90s with films like Internal Affairs, Sommersby, and Runaway Bride. He was named People magazine’s Sexiest Man Alive in 1999. Gere continued to act in the 2000s, earning his first Golden Globe Award for Chicago and starring in Shall We Dance?, I’m Not There, and Nights in Rodanthe.

However, Gere has recently appeared in numerous independent films due to his political views on China, which has caused him to be somewhat exiled from Hollywood. He earned his fourth Golden Globe nomination for the indie film Arbitrage in 2012 and received critical acclaim for his role in Norman: The Moderate Rise and Tragic Fall of a New York Fixer in 2016.

Throughout his four-decade career, Gere has shown his versatility as a performer and has also displayed his musical talents. He composed and performed the Pretty Woman piano theme and a guitar solo in Runaway Bride. He also learned tap dance for Chicago and studied karate for An Officer and a Gentleman.

Personal Life of Richard Gere

Richard Gere was briefly married to supermodel Cindy Crawford from 1991-1995. He was in a relationship with Penelope Milford from 1971-1978 and had brief relationships with both Priscilla Presley and Kim Basinger in the mid-eighties. In November 2002, Gere married model and actress Cary Lowell, with whom he has a son named Homer James Jigme Gere, born in February 2000. However, they divorced in 2013, in a highly contested court proceeding in the New York County Supreme Court, which was settled in October 2016.

Gere’s spiritual convictions lie in Buddhism, and he has been an outspoken political supporter of Tibet. In April 2018, he married Spanish activist Alejandra Silva, and the two welcomed a baby boy in February 2019.

Richard Gere’s Advocacy Work

Richard Gere is a prominent advocate for human rights in Tibet and supports the Tibetan Independence Movement. He is the co-founder of Tibet House U.S., creator of the Gere Foundation, and Chairman of the Board of Directors for the International Campaign of Tibet. As a result of his activism, he is permanently banned from entering The People’s Republic of China.

Gere also supports Survival International, an organization that works to protect the lands and rights of tribal peoples around the world. He wrote a book in 2009, We Are One: A Celebration of Tribal Peoples, which donates its royalties and sales to the organization. Additionally, Gere campaigns for ecological causes and AIDS awareness. He helped establish AIDS Care Home, a residential facility in India for women and children living with AIDS, and created the Gere Foundation India Trust in 1999.

In the 2016 presidential election, Gere supported and campaigned for Hilary Clinton, donating $2,700 to her campaign.

Richard Gere’s Real Estate Holdings

In 2005, Richard Gere purchased a 6-acre home in Sag Harbor, NY, for $6.9 million. After extensive renovations to the main house, he listed the property for sale in 2013 for $70 million, ultimately selling to Matt Lauer for $36.5 million.

Gere’s primary home is a 50+ acre compound estate in Pound Ridge, NY, which he originally purchased in 1987 for $1.5 million. He listed the property for sale in January 2022 for $28 million and accepted an offer of $24.15 million in June 2022.

Gere co-owns the Bedford Post Inn, located not far from his former Pound Ridge estate.

In 2020, Gere and his wife Silva purchased a new 35-acre estate in North Salem, NY, for a total of $10.5 million over two transactions.

Additionally, Gere owns an apartment in New York City.