What Happened To Steven Seagal's Net Worth, And Why Is It So Low?

July 2024 · 6 minute read

Highlights

It takes one bad story to ruin a career - or in the case of a few Hollywood stars, it starts with one and then soon enough there are many people speaking about the same situation. That was the case with James Franco, who was accused of misconduct and was canceled by fans.

Not only was Steven Seagal accused of misconduct by several women, but he was also deemed hard to work with behind the scenes by multiple actors. Heck, this is the same guy that once knocked out Sean Connery.

In this article, we'll discuss his career along with his current net worth. In addition, we'll point out several examples as to why his net worth took a leap downwards in recent years.

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Updated May 2024: Steven Seagal has not been seen in a project since 2019's "Beyond the Law." However, he has two projects in pre-production, which means that it looks like Seagal is getting ready for a comeback to the big screen. This is not why Seagal is making news though. Instead, it is because Seagal was spotted at Vladimir Putin's inauguration on May 7, 2024. Seagal is an ally of Putin's and has been since becoming a Russian citizen in 2016. Since then, Seagal has served as a "special representative" to the US and Japan.

How Much Is Steven Seagal Worth Today?

Net Worth: $14 million

Steven Seagal

Given his huge list of accolades, especially in the TV space, most would assume that Steven Seagal would have a surging net worth these days, in the category of $100 million and above. However, this could not be further from the truth, as the actor is currently worth $14 million.

In truth, given his reputation, we don't see this number climbing much higher and, given some controversies he was involved in, it might shrink even further. This is especially notable, as Steven Seagal was once making millions for roles, including $6.5 million for both Exit Wounds and Ticker.

Ultimately, what really hurt Seagal's career was his reputation behind the scenes. Steven was not well-liked by his peers, and this started his ultimate downfall.

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To this day, Steven is considered the worst guest in SNL history, not only for his poor skits on the program, but for the way he acted backstage. It was said that Steven had an ego and was very close-minded when it came to ideas.

In truth, that was only the beginning of his downfall, as additional factors would contribute to his net worth plummeting. Steven Seagal went from starring in a film that earned $83.5 million domestically (Under Siege), and another $73 million overseas, for a total of $156.5 million.

Why Did Steven Seagal's Net Worth Plummet In Recent Years?

Steven Seagal stopped making films in 2019 and entered into some poor business deals

Steven Seagal

Steven Seagal has made some questionable decisions throughout his career. That includes entering businesses outside of acting, like his energy drink Steven Seagal's Lightning Bolt in 2005, which would eventually be discontinued. Steven Seagal claimed that he backpacked Asia to find the best ingredients for his energy drink, making mention that the drink offered an "untold power". He also endorsed failed products like a knife range along with aftershave creams.

In 2020, Seagal lost more money thanks to his promotion of Bitcoiin2Gen. The actor kept vital information a secret, including his large pay to endorse the product, which was valued at a cool million. Once this came out, he was forced to fork over six figures in penalties.

Ultimately, his biggest downfall was due to acting. Getting employed became a tough task, not only because actors spoke out against his behavior, but also because women such as Regina Simons, Julianna Margulies, and Portia De Rossi took to the public and discussed stories of abuse from the actor.

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In fact, Portia De Rossi took to Twitter, discussing her experience alongside the once famous actor.

" My final audition for a Steven Segal movie took place in his office . He told me how important it was to have chemistry off-screen as he sat me down and unzipped his leather pants. I ran out and called my agent. Unfazed, she replied, “well, I didn’t know if he was your type.”

Believe it or not, these days he still has a few acting credits, while still making headlines for other reasons.

What Is Steven Seagal Doing These Days?

Steven Seagal is living in Russia where he has worked as a "special representative" to the US and Japan

His last work on-screen took place in 2019, before the pandemic took place. It seems like Steven took a break during that time, or the gigs simply weren't come in. According to his current resume, he has two projects currently in the pre-production phases, which include The Tip of the Spear along with Above the Law 2.

He's also in the headlines for the current war between Ukraine and Russia. Seagal is known for his relationship with Vladimir Putin and his work to getting a Russian citizenship. Steven did issue a statement on the matter, giving a very diplomatic answer.

"Most of us have friends and family in Russia & Ukraine," the action star told Fox News Digital. "I look at both as one family and really believe it is an outside entity spending huge sums of money on propaganda to provoke the two countries to be at odds with each other. My prayers are that both countries will come to a positive, peaceful resolution where we can live & thrive together in peace."

It appears as though Seagal's most profitable days are behind him.

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