Ways George Clooney Earns And Spends His $500 Million

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Ways George Clooney Earns And Spends His $500 Million

George Clooney is Hollywood Royalty and his half billion dollar fortune is a result.

BY LEENA NASIR
PUBLISHED 18 HOURS AGO

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George Clooney

George Clooney has truly made a name for himself in Hollywood. Starting off as an actor on the small screen, he worked hard to advance his career and translate his television success to the large cinematic screens of Hollywood movies. His first few television acting roles failed to take off, but Clooney's big break came when he landed a role on ER, playing Doug Ross. This long lasting role in the successful series opened many doors for him in his pursuit to land movie roles.  With movies such as Ocean's Eleven, Ocean's Thirteen, and The Perfect Storm under his belt, he soon began to command a high salary and quickly became one of Hollywood's biggest stars. It didn't take long for Clooney to dominate behind the camera as well, as he took on the roles of director and producer.

Money Inc reports that Clooney went on to re-invest his massive fortune in a variety of different ways, and has a series of different projects which increase his revenue stream. Here's how George Clooney earns and spends his $500 million fortune...

6. Earned: Directorial Dollars
Aside from the obvious multi-million dollar movies that Clooney has starred in, he has also raked in the dough with his directorial capabilities. In 2001, George Clooney co-founded Section Eight Productions with fellow director Steven Soderbergh. This enabled him to position himself as a director on films such as Confessions Of A Dangerous Mind, The Monuments, and Good Night, and Good Luck.

Padding his already well-established fortune with directorial income in addition to what he had already earned as a television and movie actor, George Clooney quickly picked up the pace as a business man, and went on to make additional business moves that saw great success.

5. Spent: Los Angeles Property & Oxfordshire Estate
George Clooney has been spending his millions on real estate, and is known to own property across the globe. He has a massive mansion in Studio city, Los Angeles home which spans over 7,354 square feet and is said to have cost $2.2 million. This home has been the primary location of many of Clooney's epic Hollywood parties which attract A-listers in droves. The outdoor pool, expansive bar, and perfectly manicured gardens have been the perfect backdrop for entertaining.

He also owns an impressive Grade II listed Mill House which is tucked away in the very exclusive small island in the River Thames in Oxfordshire, England. This incredibly  unique and very private estate was purchased for $10 million and keeps Clooney's wife and children away from the probing eyes of the media.

Just to sweeten the deal, Clooney also owns a Berkshire estate in the United Kingdom which features  9 huge bedrooms, and 11 bathrooms, and sits on an  11 acre island. The enormous price tag for this estate alone was $30.5 million and was the location in which he and Amal celebrated their honeymoon. This 9000 square foot house features an elaborate wine cellar, a private theater, a top of the line gym, film-editing suite, and a private steam room.

4. Earned: Endorsements
George Clooney has optimized his earning potential by teaming up with companies such as Nespresso, Omega, Martini Vermouth, and Fiat. Taking on the role of public endorsement for these big brands has added another layer to his income, and has generated

A further way that Clooney has made money is by endorsing products and appearing in commercials for these. The companies for which he has had deals include a $40 million Nespresso endorsement, along with lucrative deals with Omega, Martini Vermouth, and Fiat. Millions of dollars have been generated with each of these endorsement opportunities.

3. Spent: Como Lake Real Estate Adventures
There's something about Como Lake that just keeps George Clooney coming back for more. YouTube reports that Clooney is the proud owner of Villa Oleandra, which is his primary summer getaway location. This property was purchased by Clooney for $10 million, and boasts 13 massive bedrooms, 11 huge bathrooms, and expensive furnishings throughout.  Those who wish to experience this luxurious lifestyle that George Clooney leads can actually do so by staying in this home! The property which features elevators to each floor, an elaborate wine cellar, and top of the line security can be rented to those who are willing to spend up to $8,000 a night.

Villa Margherita is located very close to Villa Oleandra and is also owned by George Clooney. This property acts as his family's hideaway, and special regulations have been put in place by the mayor, in order to protect the privacy of the Clooney family. Money Inc reports that anyone coming within 300 feet of this property risk facing a $600 fine. This is a multi-villa property with 7 bedrooms, 10 bathrooms, and a pool that overlooks the ocean, making it the perfect place to hide away and enjoy life's quieter moments.

2. Earned: Tequila Fortune
One of the most significant sources of income for George Clooney has nothing to do with acting at all. His love for tequila was turned into the creation of Casamingos Tequila, which is an alcohol brand that he co-founded with Rande Gerber and Mike Meldman. After investing $600,000 and seeing huge success with tequila sales, Forbes reports that they struck a huge deal when they sold the company to a huge liquor giant in Britain, called Diageo. Once fully executed, Clooney will earn a whopping profit of $333 million.

1. Spent: Precious Automobiles
With all that money to play with, George Clooney definitely has the ability to indulge in whatever passions his heart desires. The car buff has gone on to make many vehicular purchases and is known to cherish is car collection with pride. Among the eclectic cars he has in his possession are;  a 1953 Chevrolet Corvette V8 C1 Convertible with a 5.4 L engine, which is a rare, and incredibly valuable purchase. He also owns a Tango 600 battery operated car worth  $108,000, and a very rare Tesla. His Tesla Signature 100 Roadster is one of only 100 made, and came with the price tag of $100,000. Elon Musk sold this exclusive 100 car collection to a select few lucky people, and this car is coveted as being among the first 100 to roll off the production line in 2008.