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What is Terrence Howard's Net Worth and Salary?

Terrence Howard is an American Oscar-nominated actor and musician who has a net worth of $Five million greenbacks. Terrence could be much wealthier however, unfortunately he has skilled quite a few financial and marital issues which we'll element later in this article.

He began appearing in movies in the 1980s, but he didn't land his first major position until 1995, when he used to be forged in "Dead Presidents" and "Mr. Holland's Opus." Since then, Terrence has loved a a success profession in films corresponding to "Ray" (2004), "Crash" (2004), "Hustle and Flow" (2005), and "Get Rich or Die Tryin" (2005). Howard has additionally branched out into tune, liberating the album "Shine through It" in 2008. That identical year, he made his Broadway debut within the all-black manufacturing of Tennessee Williams' "Cat on a Hot Tin Roof." From 2015 to 2020, Terrence performed the award-winning position of Lucious Lyon at the Fox drama "Empire." At his height of the show, his wage topped $175,000 according to episode, which is kind of $Four million consistent with season ahead of taxes.

Early Life

Terrence Howard used to be born Terrence Dashon Howard on March 11, 1969, in Chicago, Illinois. His mom, Anita, was 15 when Terrence was once born, and when he used to be 2 years old, he witnessed his abusive father, Tyrone, stabbing a person with a nail record during a trip to look Santa Claus at a Cleveland division retailer. The man died, and Tyrone served Eleven months in jail for manslaughter. Terrence's parents divorced after Tyrone's unencumber, and he spent his formative years in Cleveland with Tyrone and in Los Angeles with Anita. Howard has 2 brothers (Antonio and Tyrone Jr.), a half-brother (Darnell), and a half-sister (Ariana), and his great-grandmother, actress Minnie Gentry, instilled a love of performing in him. Terrence used to be emancipated at age 16, and he later studied chemical engineering at Brooklyn's Pratt's Institute however dropped out ahead of earning his degree. Howard was once recognized with Bell's palsy as a teen and has stated that he cured it by means of shocking his face.

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Career

Audiences were first presented to Terrence in the ABC miniseries "The Jacksons: An American Dream," through which he played Jackie Jackson. He had guest roles on the popular presentations "Family Matters," "Living Single," "Coach," and "Picket Fences" before finding success in 1995's "Mr. Holland's Opus" and "Dead Presidents." From 1996 to 1998, Howard starred on the UPN sitcom "Sparks," and in 1999, he gave the impression in "The Best Man," which earned him an NAACP Image Award in addition to nominations from the Black Reel Awards, Chicago Film Critics Association, and Independent Spirit Awards. In 2004, he starred in "Crash," which earned Terrence a number of supporting actor awards and nominations, and he shared a Screen Actors Guild Award with his castmates. Howard was nominated for a Best Actor Academy Award for his portrayal of aspiring rapper Djay in "Hustle & Flow," and "It's Hard Out Here for a Pimp" (which he carried out within the movie) received the Academy Award for Best Original Song.

In 2008, Terrence played Colonel James Rhodes in "Iron Man" and was the movie's highest-paid actor; for the sequel, the manufacturers reportedly introduced him $1 million as an alternative of the $8 million that used to be agreed to in his contract and eventually changed him with Don Cheadle. Howard was once a series regular on "Law & Order: LA" from 2010 to 2011 and seemed in 2011's "Winnie Mandela" (taking part in Nelson Mandela), 2013's "The Butler," and 2014's "The Best Man Holiday" ahead of landing a job on "Empire" in 2015. Terrence gave the impression in 102 episodes, and his portrayal of loss of life hip-hop mogul Lucious Lyon earned him a BET Award. In addition to his movies and tv presentations, Howard also earned awards and nominations for the made-for-TV motion pictures "Boycott" (2001) and "Lackawanna Blues" (2005), and he has seemed in tune videos for Madonna, Mary J. Blige, and Ashanti. Terrence announced his retirement from performing in September 2019.

(Photo by way of Jason Kempin/Getty Images)

Personal Life

Terrence was married to Lori McCommas from 1989 to 2003 and from 2005-2007. They had 2 daughters, Aubrey and Heaven, and a son, Hunter, in combination. Howard married Michelle Ghent in 2010, and in February 2011, Michelle filed for divorce. The divorce was finalized in 2013, and the next yr, Ghent sued him for allegedly owing $325,000 in unpaid spousal support. Howard claimed that he was once blackmailed into signing an unfair settlement and couldn't pay because he was once most effective making $5,800 per thirty days. In the similar court docket case, Terrence revealed that almost all of his income actually goes at once to his first wife to beef up their youngsters. Things were so unhealthy that Terrence used to be technically on his first spouse's payroll. At the time he would obtain $5,800 per thirty days without delay from her account after his obligations had been met. The judge overturned the unique divorce agreement in 2015 but reinstated it in 2017.

Terrence married Mira Pak in 2013, and they have got 2 sons together, Qirin (born in 2015) and Hero (born in 2016). The couple divorced in 2015, but they turned into engaged again in December 2018.

He used to be arrested for assaulting a flight attendant in 2000 and for punching, harassing, and stalking McCommas in 2001. Ghent used to be granted restraining orders against Howard in 2011 and 2013 due to claims that he had assaulted her. In 2008, composer Tex Allen sued Terrence for $Five million after he allegedly attacked Allen throughout a "Cat on a Hot Tin Roof" rehearsal.

IRS Issues

Howard has had problems with the IRS a number of instances. He reportedly received a $1.1 million past due tax bill in 2010. In June 2019 it was reported that Terrence and on once more/off once more spouse Mira had been being investigated for tax evasion. He was hit with $600,000 worth of liens in 2006 and $143,000 worth of liens in 2019.

Awards and Honors

Howard has earned more than 30 awards for his paintings, together with 2 BET Awards (2006 and 2015), a Black Movie Award (2005), and a Satellite Award (2005). He has been nominated for 12 NAACP Image Awards, winning in 2000, 2006, 2011, and 2016. Terrence has additionally won awards from the African-American Film Critics Association as well as critics associations in Austin, Florida, Los Angeles, Phoenix, Vancouver, and Washington, D.C. He gained a celeb on the Hollywood Walk of Fame in 2019.

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