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Tim Allen’s Got $25 Million for The Santa Clause

By Carlos Gutierrez

Posted July 1, 2024

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Timothy Alan Dick

American actor and comedian

$100 Million
$8 Million (7%)
Real Time Net Worth
#20 in Comedians today

Tim Allen’s net worth is $100 million as of 2024. He earned a salary of $1.25 million per episode of Home Improvement, making him one of the highest-paid TV actors of all time, according to Forbes.

Salary

Tim Allen was one of the highest-paid TV actors of all time for his role as Tim Taylor in the sitcom Home Improvement.

At the peak of the show’s popularity in 1998, Allen was earning $1.25 million per episode. Let us see his salary for various films and shows he starred in.

Film/ShowSalary
Home Improvement$1.25 million per episode
Toy Story$500,000
Toy Story 4$7.5 million
Buzz Lightyear of Star Command$5 million
Santa Clause$6 million
The Santa Clause 2$20 million
The Santa Clause 3: The Escape Clause$25 million
Wild Hogs$10 million
Zoom$4 million
Last Man Standing$1 Million per episode

Divorce Settlement

Actor Tim Allen divorced his wife Laura Deibel in 2003. As part of the settlement, Allen agreed to pay Deibel a $15 million lump sum, $100,000 per month in alimony.

He also has given three real estate properties: a mansion in Encino, California, a beach house in Malibu, California, and a ski chalet in Aspen, Colorado.

Allen and Deibel had been married for 19 years and have one daughter together, Katherine. The couple separated in 1999, and Deibel filed for divorce in 2003. This divorce has reduced Tim Allen’s net worth by a whopping 25%.

Tim Allen is a car enthusiast who raced for Saleen in the 1990s, including the 24 Hours of Daytona.

His collection includes a 1965 Shelby Cobra, a 1958 Ford F-100 customized by McLaren, and a 1966 Ferrari 330 GTC worth over $4 million.

Tim Allen Net Worth 2024 (Forbes)

Full NameTimothy Alan Dick
ProfessionAmerican actor and comedian
Net Worth$100 Million
Salary$1.25 Million per episode
Annual Income$14 Million

Personal Life

Allen has been married twice. His first marriage was to Laura Deibel from 1984 to 2003. The couple has one daughter together, Katherine.

Allen’s second marriage is to Jane Hajduk. They have two daughters together, Alexandra and Elizabeth. As mentioned earlier, Tim Allen’s Net Worth took a big hit due to his divorce.

Post-Home Improvement Career

After Home Improvement ended in 1999, Allen continued to star in films and television shows. He appeared in films such as The Santa Clause (1994).

FAQs

How much does Tim Allen make on reruns?

Tim Allen is estimated to make over $1 million per year from reruns of Home Improvement and Toy Story. This is due to the fact that he owns a significant percentage of the backend profits from these shows.

How much money did Tim Allen make per episode of Home Improvement?

Tim Allen made $1.25 million per episode of Home Improvement. This made him one of the highest-paid TV actors of all time. He earned this salary during the final season of the show, which aired from 1998 to 1999.

How rich is Tim Allen?

Tim Allen is estimated to have a net worth of $100 million. He is one of the highest-paid actors in Hollywood, thanks to his success on the sitcom Home Improvement and the Toy Story movies.

Page Contents

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  • Salary
  • Divorce Settlement
  • Tim Allen Net Worth 2024 (Forbes)
  • Personal Life
    • Post-Home Improvement Career
  • FAQs
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