It is a sad day in Hollywood as actor Peter Fonda has passed away at the age of 79. As previously reported by The Inquisitr, Fonda's official cause of death has been confirmed as respiratory failure due to lung cancer.
The actor has had a very long career that consisted of several decades of memorable screen credits under his name. With 50 years of experience in Hollywood, he earned his net worth as an actor, a director, a producer, an author, and a voice actor in a well-known video game.
His Net Worth and Salary
According to Celebrity Net Worth, the actor and acclaimed screenwriter was worth a staggering $40.4 million dollars at the time of his passing.
A breakdown of his incoming wages and salaries published on Celeb Net Worth reveals that he was bringing in an estimated $6.73 million dollars per year and more than $561,000 per month. This worked out to be $768.65 per hour and roughly $0.21 per second.
Celebrity Net Worth also reveals his net worth is twice his father Henry Fonda's net worth of $20 million when he passed away in August of 1982. Henry was just two years younger then his son passing away at the age of 77.
While Fonda passed away with a net worth of just over $40 million, the actor wasn't always so well off financially.
It was in 1968 that Fonda was credited for producing, co-writing, and starring in Easy Rider. The film was released a year later and it was an international hit. Despite being a roaring success, the film was produced with a shockingly low budget of under $400,000. According to a piece by Mental Floss, the film came with its own set of financial problems despite grossing over $60 million worldwide.
Eating into the limited budget of the film, Easy Rider was one of the first films to integrate "found music" as opposed to hiring a musician to compose something specifically for the film. This required the filmmakers to reach out to the musicians involved and obtain licensing approval. In exchange, each musician received $1,000 as payment.
Dennis Hopper and Peter Fonda clashed over both money and writing credits during the production of the film. Unfortunately, the duo was never able to resolve their differences and Hopper held onto the grudge until he passed away in 2010.
His Hollywood Career
He kicked off his career in Hollywood by studying acting in his father's hometown of Omaha, Nebraska. He joined Omaha Community Playhouse, which is where his father and many other actors kicked off their careers at the time.
Decades passed with Fonda working with films that didn't perform as well as Easy Rider. Then, in 1997, he was praised once again for his performance in Ulee's Gold.Commercially, Ghost Rider was the most successful project Peter Fonda worked on during the duration of his career. The 2007 action thriller starring Nicolas Cage earned $228.7 million at the box office worldwide, per Box Office Mojo.