Daniel Radcliffe’s Company Reaches Net Worth of £80 Million
There’s no doubt or nonsense in saying that Daniel Radcliffe is worth a lot of money. Despite his recent work in the indie movie scene, which is known to make significantly less than traditional box office franchise films, he’s been raking in the dough.
Gilmore Jacobs Ltd. has a lot to do with Dan’s fortune. The company, founded by Dan’s parents in 2000, was designed to be a way for the rising star to manage his growing assets. Thanks to the success of the Harry Potter series, Dan was looking at a fortune similar to that of Harry himself.
After turning a profit of £4.2 million in 2019, Gilmore Jacobs Ltd. reached a net worth of £80 million. As of the current exchange rate, that comes to a total of nearly 105 million US dollars.
Ever since the company’s founding, Dan’s parents, Alan Radcliffe and Marcia Gresham Radcliffe, have held significant control over the company. As the current, and only, directors of Gilmore Jacobs Ltd., both Alan Radcliffe and Marcia Gresham Radcliffe still hold a majority share of the company. However, Dan still holds between 25% and 50% part ownership. But even though Dan doesn’t have total control, his parents “have always made it plain the money it generates — from investments and Daniel’s stellar career — is for him alone.” Eventually, Dan will have the opportunity to take full ownership of his company and use his assets as he sees fit.
While Gilmore Jacobs Ltd. is currently worth £80 million, that’s not the sum of Dan’s net worth. All eight Harry Potter movies grossed over $8 billion (over £6 billion) worldwide, so it’s no surprise that Dan made a pretty penny while playing the Boy Who Lived. Dan made an estimated £72.5 million (US$95.6 million) from the film franchise. Along with other ventures, movies, and investments, Dan’s total net worth reaches a whopping £83.4 million (US$110 million).
Now, most people might start spending some portion of a $110 million fortune on their Amazon wish lists. On the other hand, Dan admits that he doesn’t really do much with his money and hasn’t touched his Harry Potter earnings.
I don’t really do anything with my money. I’m very grateful for it, because having money means you don’t have to worry about it, which is a very lovely freedom to have. It also gives me immense freedom, career-wise.
He has also said that he doesn’t take roles on the basis of money as well.
For all the people who’ve followed my career, I want to give them something to be interested in, rather than them just watch me make loads of money on crap films for the rest of my life.
Since Dan doesn’t use much of his finances for personal uses, the accumulated wealth from Gilmore Jacobs Ltd. has been used to fund theater and art projects.
In the future, Dan hopes to start directing and creating his own projects. In Dan’s words, with a fortune the size of his, he has the unique opportunity of “artistic freedom.”
I would like to start directing in my 30s and try to get at least one film made before I turn 40.
What would you do with a fortune of $110 million?
