Jon Peters Net Worth

What is Jon Peters’ Net Worth?

Net Worth:$300 Million
Profession:Producer
Country:United States
Born:2 June 1945
Salary (Annual):$25 Million Per Year
Last Updated2022

Jon Peters is an American film producer and former hairdresser who has a net worth of $300 million. Peters is mostly known for producing his 1976 adaptation of A Star Is Born grossing more than $100 million at the box office and earning him four Oscar nominations, including the Oscar-winning song “Evergreen.”

Peters made his film debut as the youngster on the donkey crossing the Red Sea in The Ten Commandments. He fell in love with Barbra Streisand in 1973 and oversaw her early music and film careers.

Peters formed a partnership with former Casablanca Records and Filmworks executive Peter Guber in 1980. Chuck Barris Productions was acquired by Guber-Peters. The collaboration took its biggest hit and earned its biggest hit with Batman, which offered Guber and Peters one billion dollars to become CEOs.

Peters left to found Peters Entertainment, which has produced blockbusters such as Batman Returns, Wild Wild West, Ali, and Superman Returns. Let’s check how Jon Peters’ net worth has grown over the years.

Jon Peters Net Worth Over the Years

Net Worth in 2022$2 Million
Net Worth in 2021$2 Million
Net Worth in 2020$1.8 Million
Net Worth in 2019$1.5 Million
Net Worth in 2018$1 Million

Early Life

John Peters was born in Van Nuys, California, on 2nd June 1945 to Helen Peters, a receptionist, and Jack Peters, a cook and previous owner of a Hollywood diner. His family ran a prominent salon on Rodeo Drive in Beverly Hills, California.

Peter’s father died when he was eight years old while growing up in a difficult neighborhood, and his mother later remarried; Peters was eventually expelled from school and sent to reform school for a year when he was twelve.

Career Beginnings

As a child, Peters acted as an extra in Cecil B. DeMille’s film ‘The Ten Commandments in 1956. He was so thrilled by the experience that he refused to remove his makeup when he got home.

As he grew older, he joined his family’s hairdressing company at their Rodeo Drive salon. During his time at the salon, he built several relationships with celebrities in the film industry. He created the wig worn by Barbra Streisand in the 1974 comedy For Pete’s Sake.

After that, he started dating the actress and later produced her 1974 studio album “Butterfly.” He was also credited as the producer of Barbra Streisand’s 1976 adaptation of the film A Star Is Born. For the next ten years, he worked with Peter Guber and led Sony Pictures from 1989 to 1991.

Breakthrough

In 1980, Peters and fellow producer Peter Gruber joined together to start Polygram Productions which later became Boardwalk Productions. He and Gruber’s collaboration resulted in a string of blockbusters, including The Color Purple, Caddyshack, Flashdance, and An American Werewolf in London.

They venture into one of Warner Brothers’ most profitable production deals. He and Gruber’s most successful effort for Warner Bros. was the 1989 feature Batman, which grossed over $400 million worldwide on a $35 million budget. This enormous success earned Jon and his partner a multi-million dollar deal offer from Warner Bros which they initially accepted.

Soon after signing their arrangement with Warner Brothers, Sony came knocking with an enticing offer to buy Guber-Peters Entertainment for $50 million. The agreement also named the pair Co-Chairmen of Sony Pictures.

Jon Peters Net Worth and Income
Jon Peters Net Worth and Income

However, a major issue was on the way because they were still under contract with Warner Brothers. Warner sued Jon and Peter, as well as Sony, for breach of contract for $1 billion. Sony eventually agreed to pay Warner $500 million to free the twins from their contracts.

As a result, Peter Guber and Peters were appointed co-chairmen of Sony Pictures. They had almost little experience running a huge studio, which caused another issue. Peters and Guber oversaw the development of many high-profile and expensive films while at Sony, many of which failed miserably.

They managed the spending of approximately $8 billion on costs, causing the corporation to lose more than $3 billion during Peters-tenure. Guber’s Jon and Peter left Sony Pictures in the mid-1990s with a $30-50 million severance payment.

Peters bought the film rights to Superman in the 1990s. For many years, he unsuccessfully attempted to produce a Superman film, including a time when Nicolas Cage was chosen to portray the starring role. He had a large equity stake in the backend performance of both films when Superman Returns was made in 2006 and “Man of Steel” was released in 2013. He would later admit that he collected $85 million from both films without having contributed anything to their production.

Jon Peters’ Favorite Things

Favorite ActorRobert Downey Jr.
Favorite ActressJennifer Lawrence
Favorite SingerJustin Bieber
Favorite AppInstagram
Favorite GameN/A
Favorite FoodNot Know
Favorite SongNot Know
Favorite SportsmanJayson Tatum
Favorite MovieSpider-Man™: Far From Home
Favorite FootballerCristiano Ronaldo
Favorite TV ShowNot Know
HobbiesDriving, Traveling

About Jon Peters

Net Worth$300 Million
NameJon Peters
Age77 Years Old
Height(1.65 M)
Weight60 KG (Approx)
ProfessionProducer
Date Of Birth2 June 1945
BirthplaceWaterbury, Connecticut
NationalityAmerican
Income$25 Million per year
SpousePamela Anderson

Interesting Facts

  • Peters is of Cherokee (father) and Italian (mother) ancestry.
  • Peters is a black belt in Brazilian jiu-jitsu.
  • Peters used to be addicted to Vicodin. It all started because he required pain medication after blowing out his knee while training in martial arts.
  • Mindy Peters, Peters’ ex-wife, sued for a large percentage of the cut he received for Man of Steel.
  • In 2007, Peters received a star on the Hollywood Walk of Fame.

Other Works

Peters submitted an autobiography book idea in 2009. He planned to write about his sexual encounters with Barbra Streisand, Sharon Stone, and other celebrities. He backed out of the HarperCollins book agreement in 2009 due to negative publicity caused by the proposal’s release.

Personal Life

Peters had romantic relationships with several of the actresses whose hair he styled for their films, including Barbra Streisand and Kim Basinger.

Peters has been married several times, with most of them ending in divorce. In 2020, he married American actress and model Pamela Anderson, but the pair divorced after 12 days.

Peters has five children in total, Christopher, Caleigh, Jordan, Skye, and Kendyla. He has a son from his second marriage to Lesley Ann Warren, two daughters from his third marriage to Christine Peters, and a daughter from his fourth marriage to Mindy Peters. All five of Peters’ children work in the entertainment industry.

Legal Issues

In 2011, Peters was ordered to pay $3.3 million in reparations for sexual harassment and a hostile work environment while filming Superman Returns. The 44-year-old single mother also alleged that she was unable to find a job following the incident due to Peters’ professional clout and later the claimant was awarded both compensatory and punitive damages.

Charity

Peters has established The Peters Family Foundation and through it, he supports the Christopher Reeve Foundation, Life Rolls On, Homeboy Industries, My Friend’s Place, Cambodian Children’s Fund, Andre Sobel River of Life Foundation, Heartfelt Foundation, The Laurence School, the Sheriff’s Youth Foundation, and numerous other youth charities.

Real Estate

Peters has owned a number of extraordinarily expensive homes, mostly in Los Angeles. He owned a high-rise condo with three bedrooms and four bathrooms located within the Remington building and accessible by a direct elevator. The house has parquet floors, crown molding, and custom wall panels that provide a sense of luxury to the 3,200 sq ft interior. In 2019, Peters listed the Westwood condo on the market for $4.195 million.

After selling his Beverly Hills estate and a hilltop mansion in the gated community of Beverly Park for $10.5 million and $12 million, respectively, he now resides on a 3,000-acre ranch near Santa Barbara, California.

Jon Peters Net Worth

As of 2022, Jon Peters’ net worth is estimated to be around $300 million, making him one of the richest producers in the world. Peters began his career as a hairdresser and progressed to become a filmmaker who acquired popularity at the pinnacle.

Jon Peters’ net worth is derived from his work in the film industry as well as other minor ventures. Peters has garnered over 254 nominations and has won many Oscars, Golden Globes, and Grammys, and his total worldwide earnings surpass $6 billion.

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