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Diesel dropped out of college to pursue a career in acting and hasn’t looked back since. The actor began performing in several supporting roles of blockbusters like Saving Private Ryan, Boiler Room, and Multi-Facial. He came into the spotlight after starring in the era-defining action franchise The Fast And The Furious. These movies have made record-breaking sales since 2001 and continue to be classics for car enthusiasts. Diesel has donned his iconic role nine times, acted in several other projects, and made smart business decisions that have amassed him an astonishing $180 million net worth.
From his humble beginnings as a supporting actor to starring in blockbusters, Vin Diesel earned millions. His lavish lifestyle is proof that he loves spending money as much as he likes earning it. Let’s take a look at how Vin earns and spends his millions.
Earns: A Blockbuster Production Company
Vin Diesel started his own production company called One Race Productions in 1995 in LA. The production house has subsidiaries, including Tigon Studios, an entertainment development studio, and Racetrack Records, a record label company. One Race is known to produce the Fast and Furious franchise and the Riddick movies as well.
Spends: A Classic Car Collection
Vin’s love for classic cars in his real life is depicted after seeing his marvelous car collection. As reported by GQ, the actor owns a 1966 Pontiac Bonneville, a 1963 Chevrolet Corvette Stingray Grand Sport, a 1994 Toyota Supra, and a 1993 Mazda RX-7.
Earns: Endorsements With Automaker
Dominic Toretto is known for driving a classic Dodge, and Vin Diesel usually channels his character while endorsing the brand. Diesel earns millions from his commercials with the automaker that boosts immediate sales.
Spends: Exclusive After Parties
The actor is known to attend lavish parties of his movie screenings. Diesel attended his xXx: Return of Xander Cage, cast Nina Dobrev’s Coachella-themed birthday party and threw an after-party for the then turned-30 actress. Dobrev mentioned that the after-party lasted until 05:30 AM.
Earns: Successful Movie Roles
Between June 2019 and 2021, the star was reported to earn $50 million. The Fast Saga's first movie saw Diesel’s paycheck of $2 million. Later, the film's popularity earned him ten times more, about $20 million upfront for his role in Fast 9, as reported by Yahoo Finance. The back-end royalties for his work also sum up to the star’s multimillionaire status.
Spends: Popular Movies’ Rights
Vin Diesel decided to spend money on a thoughtful decision and bought the rights to the xXx franchise in 2018. This decision was made after the third installment xXx: Return of Xander Cage was a box office blockbuster. The actor shall earn multi-millions for the upcoming sequels.
Earns: A Voice Actor
Diesel has lent his voice to the iconic character Groot in the Marvel Cinematic Universe and has reportedly earned $54.5 million for saying the words ‘I am Groot’ in multiple languages in all movies combined. The actor has also voiced in video games such as The Chronicles of Riddick: Escape From Butcher Bay, voicing Richard Riddick.
Spends: Cruising In Private Jets
Diesel is usually spotted traveling on private jets, but he decided to give his son the same experience in 2015. When his son watched his first-ever basketball game, Golden State Warriors v Memphis Grizzlies, Diesel flew his little one on a private jet and took to social media to post about their journey.
Earns: Real Estate
Diesel bought a Hollywood Hills property in 2000 and put it on sale for $1.4 million. The home features South California accents and comfortable rooms. As stated by Architectural Digest, the actor was renting out his home for $5,800 before deciding to sell it. After growing his family, the actor wanted to leave his bachelor pad behind.
Spends: A Livable Trailer
Due to long hours of shooting, Diesel decided to buy a two-story trailer costing a whopping $1.1 million. When the actor travels to various locations worldwide, he ships the trailer according to his need. The trailer has $70,000 worth of technology and 3D flatscreen televisions for entertainment.
Earns: Gaming World
Apart from being a Producer on several movies, Vin Diesel entered the gaming world when he took the role of Executive Producer and President of Creative Convergence with Studio Wildcard for Ark: The Animated Series and Ark II, which will be released in 2022.
Spends: Philanthropy
Vin Diesel founded a non-profit organization called One Race Global Film Foundation to diversify growth in people from various communities. He is also an active supporter of the Steve Aoki Charitable Foundation, as reported by CA Foundation. Additionally, he is actively involved with his late best friend Paul Walker’s Foundation, which provides grants and scholarships to students pursuing marine studies and makes donations at Children Of The Night.
Even after earning millions, Diesel has comparatively laid back spending habits than other extravagant celebrities. The actor has managed to amass the empire through his creative decisions and involving himself in every role he plays. The actor is set to return as Groot for Thor: Love And Thunder and Guardians Of The Galaxy Vol. 3 in 2022 and 2023, respectively.
Sources: GQ, Yahoo Finance, Architectural Digest, CA Foundation