There was a time when Elijah wood was one of Hollywood’s greatest actors. He had one of the most recognizable faces in the world after being cast as Frodo Baggins in the Peter Jackon adaptation by JRR Tolkien. The Lord of the Rings trilogy. The franchise has grossed millions of dollars at the box office, making it a smash hit. It is natural to assume that Wood was paid well to star in the films and that he lived comfortably off his LOTR earnings. Is this why Wood has hardly been seen on the big screen in years?
Born January 28, 1981, Wood began his career as a child model and actor in Iowa before his family moved to Los Angeles in 1988. He made his film debut in Back to the future II before landing major roles in films like The good son and Pinball. It wasn’t until his teens that Wood became widely known for his roles in films like Deep impact and The ice storm. It was the popular teenage horror film Faculty which ultimately put him in the limelight as a rising star.
He was quickly chosen to play Frodo Baggins in The Lord of the Rings: The Fellowship of the Ring and was immediately propelled to the rank of international celebrity. He reprized the role for the final installments of the series, The two towers and The king’s return, and even made an appearance in the first installment of the prequel series, The Hobbit: An Unexpected Journey.
According to Looper, the The Lord of the Rings trilogy grossed nearly $ 3 billion worldwide during its box office run. This does not include all the money generated from DVD sales, memorabilia or sales to various networks for the rights to broadcast the trilogy, let alone streaming platforms like Hulu and Netflix, which must also purchase rights. to broadcast the trilogy on their services. .
With so much money as the movies made, you would think that a star like Wood made a considerable amount of money for his work in the movies. Most of the players who recognize the magnitude of their contributions to major franchises like Rings Usually negotiate both a good salary and a reasonable amount of all sales related to the project. Even Chris Tucker, while nowhere near as wealthy as he should be, has negotiated a percentage of the box office sales of his films. Eddie Murphy too. Even most of Jerry Seinfeld’s vast fortune has been earned through the comedian’s deals in syndicated sales to various networks and streaming platforms. As a result, these latter actors are in the upper bracket of the richest in the world.
Sadly, that doesn’t appear to have been the case with Wood. Although his salary for LOTR is not known to the public, it is assumed that he only received a million dollars for his role in the billion dollar franchise, a shocking figure considering the importance of the role of Frodo Baggins for the series. Not only that, but it appears that Wood, like many of his co-stars, had no clause in their contracts entitling them to the revenue from the box office sales of the trilogy.
After all of this work to help build the Oscar-winning franchise, it’s unfortunate that Wood wasn’t offered at least a percentage of box office sales. The actor has never talked about it, so it seems he’s happy with how it all turned out. Then again, since these contracts are usually foolproof, he may think there is no point in talking about them publicly even if he wanted to. Plus, he hasn’t hurt himself since playing Frodo.
Wood has since tried his hand at a variety of diverse roles and has appeared in several films including Eternal sun of the spotless spirit, City of sin, Everything is illuminated, Police officer, Happy fresht, The Oxford Murders, and happy feet two. In 2011, he moved to the small screen when he was cast as Ryan Newman in the eccentric comic series FX. Wilfred, playing the character for three seasons until the series ended in 2014. It took another two years before Wood returned to television, and in 2016 he began playing the role of Todd Brotzman on the series. BBC America television. Dirk Gently’s holistic detective agency. Unfortunately, the show was canceled shortly after its second season due to low ratings.
Currently, Wood has over 100 acting credits to his name. If you include the star power that he amassed from his the Lord of the Rings days, it stands to reason that he probably received a handsome paycheck from every project he worked on.
What is Elijah Wood’s net worth?
According to Celebrity Net Worth, Wood is currently worth $ 20 million, a figure some might consider extremely low given his time in Hollywood and all the big projects he’s been involved in. As one of the most iconic characters of the modern age. , some might even say it’s a shame he didn’t get a better deal for his role as Frodo Baggins.
Drink may have a substantial career on paper, but it definitely looks like the lack of well-paying contracts has financially robbed him of the chance to be one of the richest actors in the world.