John Travolta is a pilot and veteran actor. He currently has an estimated net worth of $250 million. In the 1970s, Travolta became famous by appearing in the television series Welcome Back, Kotter. His screen appearances came in the acclaimed films Saturday Night Fever (1977) and Grease (1978). Similarly, Travolta has received two Academy Awards and seven Golden Globe nominations to date. His Oscar nomination was for his iconic role as Vincent Vega in director Quentin Tarantino’s cult classic Pulp Fiction.
Net worth and income
Over four decades in the entertainment industry, John Travolta has amassed a net worth of $250 million. Travolta was an excellent investor in the mid-to-late 1990s when he made most of his fortune. In recognition of his breakthrough performance in Saturday Night Fever, Joseph was offered a million dollar contract. Likewise, the following year he played Danny Zuko in Grease, which grossed over $300 million on a modest $6 million budget. It was also reported that Travolta was earning around $20 million per film by 1996.
Despite this, he was paid approximately $150,000 for his iconic performance as Vincent Vega in Quentin Tarantino’s Pulp Fiction. Additionally, his salary from the films Be Cool (2005) and Ladder 47 (2004) is estimated at $20 million each. Likewise, his 2007 fantasy romantic comedy Hairspray grossed approximately $14 million. Travolta was paid $500,000 per episode of the OJ Simpsons television series for his latest work.
Old photo of John Travolta
The lifestyle of John Travolta
He married the beautiful actress Kelly Preston in 1991; the couple had three children. Jett, the eldest of three children, tragically died at the age of 16 in 2009 during a family vacation in the Bahamas due to a seizure. In addition, Benjamin, the couple’s youngest child, was born within a year. Kelly also died in July 2020, succumbing to breast cancer that had been identified for the past two years.
The couple were spotted enjoying a joyous vacation at their Maine coastal property and hovering over it in a Jumbolair before her death. Travolta was recently spotted in Budapest, Hungary, enjoying a boat trip with his daughter Ella.
John Travolta Donations and charity work
John Travolta’s net worth of $250 million has allowed him to engage in constant philanthropic endeavors. He and his wife, Kelly, founded the Jett Travolta Foundation in memory of their late son, Jett, with the mission of helping children with special needs. Similarly, the Oprah Winfrey Leadership Academy, The Simon Wiesenthal Center, and The Institute for the Achievement of Human Rights Potential have all benefited significantly from the Foundation’s contributions.
Similarly, John has shown an interest in animal welfare and rescue. By signing a wooden dog bone that was auctioned, he contributed to the promotion of Last Chance for Animals and helped raise funds for the Mississippi Animal Rescue League. In 2017, it was announced that John Travolta’s Boeing 707 would be donated to the Historic Aircraft Restoration Society of Australia. Despite this, the craft was airlifted to Australia in 2020, and the trip alone is estimated to have cost $2.3 million. Additionally, in 2012, the legendary Jetstream was inducted into the Georgia Aviation Hall of Fame.
Career
In 1971, at the age of seventeen, Travolta dropped out of high school and moved to New York City. He secured a role in the Broadway production of Over Here! there. From 1975 onwards, he appeared in minor recurring roles in additional television programs and films. Travolta rose to fame in the entertainment industry playing Vinnie Barbarino on the ABC sitcom Welcome Back, Kotter (1975–79). After that, he got his first big screen role in 1976’s Carrie.
Despite this, several commercial and critical failures in the 1980s cast doubt on his status as an actor. Battlefield Earth (2000), Swordfish (2001), Ladder 49 (2004), Hairspray (2007) and Bolt (2008), among others, are among notable films in which Travolta appeared during this period. In 2020, after the death of his late wife Kelly Preston, Travolta announced that he was retiring from acting to find peace and spend more time with his children.
Categories: Entertaintment
Source: HIS Education