Lin-Manuel Miranda Net Worth (Money & Salary)

Lin-Manuel Miranda’s Net Worth and Salary: What You Need to Know

In the realm of American composers, librettists, lyricists, actors, and rappers, Lin-Manuel Miranda stands out with a net worth of $90 million. Renowned for his outstanding career in Broadway musicals, particularly his work on 2015’s “Hamilton,” Miranda has been a recipient of numerous accolades. A versatile artist, Miranda garners acclaim whether onstage or orchestrating productions behind the scenes.

The Early Years of Lin-Manuel Miranda

Lin-Manuel Miranda made his entrance into the world on January 16th, 1980, in New York City. Growing up with one sibling under the guidance of parents rooted in Puerto Rican culture, Miranda frequented his family’s homeland at least annually during his upbringing. His passion for musical theater first ignited during his high school years, where he began crafting his own musical creations.

After completing high school, Lin-Manuel proceeded to Wesleyan University. In his sophomore year, he penned the initial version of “In the Heights.” The theater department at his university embraced the play, leading to its debut in 1999 at Wesleyan University. Throughout his college tenure, Miranda authored additional plays and took part in numerous theatrical productions.

Lin-Manuel Miranda’s Path to Career Success

By 2002, Miranda was set to bring “In the Heights” to the professional stage. Collaborating with seasoned theater director Thomas Kail, Miranda and a creative team refined the script during its off-Broadway run, with the musical finally hitting Broadway in 2008.

The success of “In the Heights” was evident with 13 Tony Award nominations, four wins – including Best Musical and Best Score. The musical also clinched a Grammy for Best Musical Theater Album. Apart from writing the play, Lin-Manuel clinched the lead role of Usnavi and garnered substantial critical acclaim.

Expanding his horizons, Miranda took “In the Heights” to Los Angeles, reprising his role as Usnavi. He explored writing plays in Spanish, lent his musical talents to various theatrical productions, and made appearances on TV series. In 2007, he graced episodes of “The Sopranos,” “House,” and “Sesame Street.” Despite his entertainment industry success, Miranda maintained his role as an English teacher at his former high school and sustained himself composing music for commercials.

Simultaneously, Lin-Manuel ventured into the realm of rap. As early as 2003, he founded the hip-hop improv collective Freestyle Love Supreme, embarking on global tours during the 2000s. The group further delved into a TV show and a Broadway musical.

Another pinnacle moment for Lin-Manuel Miranda arrived in 2011 with the premiere of “Bring it On: The Musical,” a production he lyrically and musically orchestrated. The musical enjoyed a successful limited Broadway stint with positive reviews. Additionally, in 2012, Miranda secured a role in the acclaimed Broadway musical “Merrily We Roll Along.” Miranda further contributed lyrics and music to “21 Chump Street,” which debuted in 2014, while also appearing in “Tick, Tick… Boom!” that same year.

During this phase, Miranda made intermittent forays into film and television projects. In 2012, he landed a minor part in the Disney feature “The Odd Life of Timothy Green.” He sustained his TV presence with appearances on shows like “Modern Family,” “Do No Harm,” and “How I Met Your Mother.”

In 2015, Lin-Manuel Miranda witnessed a substantial career surge with the debut of his most acclaimed musical to date: “Hamilton: An American Musical.” Since 2008, Miranda had been shaping the concept of a musical centered around Alexander Hamilton. After years of refinement, he assumed the lead role and brought the historical narrative to life onstage. The show’s popularity was evident as people clamored for lottery tickets for a shot at experiencing the performance. Notably, “Hamilton: An American Musical” garnered critical acclaim, including a Tony Award for Best Musical and numerous other accolades.

Beyond the theatrical realm, Lin-Manuel Miranda forged significant ties with Disney. In 2014, he contributed music and lyrics to the film “Moana.” The following year, he collaborated with Disney on “Star Wars: The Force Awakens,” providing a song for a cantina scene. His association with Disney continued in 2017 when he lent his voice to the movie “DuckTales” as Gizmoduck. Miranda also assumed the role of Jack the Lamplighter in Disney’s live-action reboot, “Mary Poppins Returns.” In 2019, Miranda revisited the Star Wars universe with “The Rise of Skywalker,” penning a song and making a cameo as a resistance fighter. In 2021, he ventured into film direction with “Tick, Tick… Boom!” Recent works include the 2021 project “Encanto,” involvement in the “His Dark Materials” series, appearances in “Bluey,” and participation in the upcoming 2023 release “The Little Mermaid.”

Lin-Manuel Miranda’s Financial Fortunes

Between June 2019 and June 2020, Lin-Manuel amassed a substantial sum of $45 million.

Lin-Manuel Miranda’s Earnings from Hamilton

By 2018, Hamilton had amassed a hefty $365 million at the box office. Presently, the show’s revenue surpasses $800 million. Miranda, as the sole creator, author, composer, and former star of Hamilton, commands a 7% slice of the box office takings. Reportedly, this arrangement entitles Miranda to a $105,000 royalty check weekly during the show’s touring phase, translating to approximately $5.5 million annually – without Miranda lifting a finger. By 2017, these royalties had accrued to around $12.7 million.

In a fitting finale, in February 2020, Disney secured the film rights to Hamilton for $70 million.

Lin-Manuel Miranda’s Real Estate Ventures

In 2008, Miranda acquired a residence for his parents in North Manhattan’s Inwood neighborhood. After his parents occupied the 1,125-square-foot apartment until 2013, he put it on the market for just under $1 million. In 2019, Lin-Manuel purchased the New York City Drama Book Shop, a location where he had initially penned the draft for “In the Heights,” rescuing the business from closure.

Personal Life

In 2010, Lin-Manuel Miranda married Vanessa Nadal, a high school friend, and the couple had two sons together. Miranda is also the cousin of professional baseball player Jose Miranda.