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Elijah Wood Net Worth:
What Is Elijah Wood’s Net Worth?
As per Celebrity Net Worth, Wood is worth $20 million as of today which some think is low considering how long he’s worked working in Hollywood and all the big-name productions he’s taken part in. Wood is one of the more famous characters of our time Some might even suggest it’s unfortunate that he wasn’t given the best contract for his character Frodo Baggins.
Wood might have a hefty career in the realm of the film however it seems that the lack of lucrative contracts denied him the opportunity to become one of the top actors around the globe.
There was an era when Elijah Wood was one of the most famous performers in Hollywood. He was among the most well-known names in the world following being given the role of Frodo Baggins, Peter Jackon’s version of J.R.R. Tolkien’s Lord Of The Rings trilogy. The series earned millions of dollars from the movie box office which made it a blockbuster hit. It’s only natural it was because Wood was well-paid to play the leading role in the films and that he earned a good living on the profits from LOTR. Do you think that’s the reason Wood isn’t seen on the silver screen in the decades since?
Born on January 28, 1981. Wood was able to begin his professional career as a model for children or an actor in Iowa prior to his family’s move from Iowa to Los Angeles in 1988. Wood made his debut in film with Back To The Future Part II before landing significant roles in films like The Good Son and Flipper. It was not until Wood was in his teens that he was recognized for his performances in films such as Deep Impact and The Ice Storm. The teen-friendly movie of horror The Faculty finally put Wood on the map as an emerging star.
He was later selected to play Frodo Baggins, the main character in The Lord of the Rings: The Fellowship of the Ring, and was instantly pushed into international fame. He reprised the role in The Lord of the Rings: The Two Towers and the Return of the King, The Two Towers and The Return of the King as well as an appearance in the initial episode of The Hobbit: A Prequel Series The Hobbit: An Unexpected Journey.
According to Looper The Lord Of The Rings trilogy made more than $3 billion in its run at the box office. This doesn’t even include the profits from the sales of DVDs, memorabilia, or the sale to different networks to be able to air the three-part series or even the streaming services like Hulu and Netflix which also need to buy rights to play the entire trilogy through their platforms.
With the amount of money, the films generated one could conclude that a leading actor like Wood earned a significant amount of money through his part as a lead actor in these films. Many actors who realize the significance of their contribution to major franchises such as Rings typically negotiate an attractive salary and an adequate backend for any sales associated with the production. In fact, Chris Tucker, even though he’s far from successful as he ought to be, agreed to a share of the box office profits in his film. So did Eddie Murphy. The majority part of Jerry Seinfeld’s enormous fortune came from his contracts with syndicated sales to various networks and online streaming sites. In the end, Seinfeld’s fellow comedians are among the top ranks of the wealthiest in the world.
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However, it doesn’t appear to be the case for Wood. Although his compensation for the LOTR franchise isn’t publicly disclosed, it is thought that he received just $1 million for his performance in the franchise’s billion-dollar value, which is a staggering amount considering the importance of the character in the character of Frodo Baggins’s character was for the story. In addition, it is believed that Wood along with the majority of his co-stars had no terms in the contracts of their co-stars which entitled them to a share of the film’s box office revenues.
After all the work to create the Oscar-winning film franchise It’s sad that Wood was not at all provided with a portion of box office revenues. Wood hasn’t been open about the situation, however, and it’s likely that he’s happy with the way the events unfolded. But, considering that these contracts tend to be legally binding and enforceable, it’s possible that there’s no reason to talk publicly about it, even should he want to. In addition, he hasn’t been any harm since the time he played Frodo.
Wood has been able to play various roles and has appeared in numerous films, including Eternal Sunshine of The Spotless Mind, Sin City, Everything is Illuminated, Bobby, Happy Feet, The Oxford Murders along with Happy Feet Two. The year 2011 saw him make the transition to the smaller screen after he was chosen for the part of Ryan Newman in the eccentric FX comedy series Wilfred and portrayed the character for three seasons before the show’s finale in the year 2014. It took another two years until Wood returned to the television screen, and in the year 2016, he was playing Todd Brotzman on the BBC America TV series Dirk Gently’s Holistic Detective Agency. The show was pulled within a few weeks of its second season due to the low ratings.
Presently, Wood has over 100 credits for acting. If you add in the fame he earned through the Lord of the Rings days It stands to reason that he’s likely to have an impressive sum of money from every project he’s worked on.
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