Terrence Howard Net Worth (Updated 2024)

The multitalented American actor and musician Terrence Howard net worth reflecting his success, has had an impressive career full of high points and low points. Talent, resilience, and complexity define his story, which is reflective of a journey molded by his professional pursuits and personal struggles.

CategoryRichest Celebrities › Actors
Net Worth$4 Million
Salary$175 Thousand Per Episode
BirthdateMar 11, 1969 (55 years old)
Height6 ft (1.84 m)
ProfessionActor, Singer-songwriter, Record producer, Film Producer, Voice Actor
NationalityUnited States of America

Who is Terrence Howard?

Who is Terrence Howard?

Despite coming from modest origins, Terrence Dashon Howard became an iconic figure in the entertainment industry after being born on March 11, 1969, in Chicago, Illinois. Hollywood and television will never be the same thanks to Howard’s unforgettable performances and distinctive voice.

Net Worth

Terrence Howard’s wealth is estimated to be $4 million, despite his successful career. As we’ll see in the following sections, a number of marital and legal issues have had a significant impact on his financial situation.



Howard’s career took off in the ’90s, when he appeared in “Dead Presidents” and 1994’s “Mr. Holland’s Opus,” but it really took off after that. His acting career has been enriched by a wide range of roles in films such as “Ray,” “Crash,” and “Hustle and Flow,” which demonstrate his skills and versatility.


Every year that passes for Terrence Howard adds to the diverse fabric of his life story, which shapes his performances and public persona. He will be 55 years old in 2024.

Height and Weight

At about 6 feet (183 cm) tall, Terrence Howard keeps a healthy weight that goes well with his lifestyle and the roles he plays.


Anita and Tyrone Howard were the parents of Howard. Tragedies and family strife shaped his early life and ultimately his destiny. In spite of everything that has happened to him, his family is still the most important thing.

Early Life

Howard had a formative and eventful childhood, marked by early exposure to violence and adversity. The resilience he developed through his experiences informed his many roles and pursuits in life.


Howard attended Pratt Institute for chemical engineering, where he demonstrated early promise in the scientific field. However, he decided to pursue acting instead and left before finishing his degree, setting the stage for his future career.


Howard has received widespread praise for his acting roles, and he has won several accolades, including a nomination for Best Actor at the Academy Awards for his work in “Hustle & Flow.” His roles have frequently reflected his multi-faceted character, which combines intense moments with vulnerable ones.

Personal Life

Howard’s personal life has been as dramatic as his roles. His marriages and relationships, especially those with Lori McCommas and Michelle Ghent, were in the spotlight and were marked by contentious legal disputes over child support and abuse claims.


Howard continues to live the high life, reflecting his long career in Hollywood, despite his financial difficulties. Even though he’s been through a lot financially and legally, he still lives the life of a celebrity.

Empire Salary & Lawsuit

Rising Through the Ranks

John Terrence Howard’s role as Lucious Lyon in the popular series “Empire” greatly increased his fame and wealth. Howard made a total of nearly $5.85 million for the season, with his salary increasing from $125,000 per episode to $325,000 in the final season.

Legal Disputes with Representation

In a surprising turn of events away from the camera, Howard sued CAA, his talent agency, in 2023, claiming that they had a conflict of interest and had misrepresented themselves during wage negotiations. This court fight brought to light the seedier side of the entertainment industry, where agency agendas can trump actor interests.

Comparative Salary Concerns

The comparative grievance that Howard highlighted in his lawsuit was the fact that, despite “Empire’s” higher ratings compared to shows like “Mad Men” and “House of Cards,” he was paid less than actors like Jon Hamm and Kevin Spacey. This situation brought up questions regarding equality and fairness in the entertainment industry.

IRS Issues and Financial Setbacks

IRS Issues and Financial Setbacks

Tax Liens and Legal Challenges

An enormous $1.1 million tax bill in 2010 and a $600,000 lien in 2016 were just two of the many IRS problems that Howard has had to deal with throughout his career. He has seen a dramatic decline in both his wealth and reputation as a result of these financial difficulties.

Investigations and Accusations

In 2019, Howard’s financial problems were worsened by reports that he and his wife were being investigated for tax evasion. His public and professional lives have been impacted by the complications of his financial obligations, which have complicated his career trajectory.

Ongoing IRS Battles

Another major financial obstacle for Howard came in March 2024 when the IRS demanded $900,000 from him for allegedly unpaid taxes. These recurring problems highlight the persistent financial difficulties that have characterized Howard’s life and career.

Future Endeavors

Howard may have announced his retirement in 2019, but many are curious about his plans for the future of the entertainment industry. He has a history of experimenting and inventing in his musical and Broadway endeavors.

Also Read: Lenny Kravitz Net Worth 


Q1: What is Terrence Howard known for?

A1: Terrence Howard is best known for his roles in “Hustle & Flow,” for which he received an Academy Award nomination, and as Lucious Lyon in the TV series “Empire.”

Q2: How many times has Terrence Howard been married?

A2: Terrence Howard has been married four times, with some marriages involving the same partner more than once.

Q3: Has Terrence Howard won any major awards for his acting?

A3: Yes, he has won a BET Award for Best Actor and was nominated for an Academy Award for Best Actor.

Q4: Did Terrence Howard ever have issues with his salary on ‘Empire’?

A4: Yes, he sued his talent agency over salary disputes and claimed he was paid less than other actors in similarly popular shows.

Q5: What other careers has Terrence Howard pursued besides acting?

A5: Besides acting, Terrence Howard has also ventured into music, releasing his own album and participating in Broadway productions.


The story of Terrence Howard Net Worth journey is an inspiring one of perseverance and success. Despite facing enormous personal and financial obstacles, his career exemplifies the tenacity and unfiltered skill of an authentic artist. Because his narrative echoes with ideas of atonement and the dogged pursuit of creative expression, Howard continues to be an enthralling figure.

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