Tyrese Gibson is an American singer, songwriter, rapper, actor, author, television producer, former fashion model, and MTV VJ. He is best known for his roles in the Fast & Furious film franchise and as the lead singer of the R&B group Black-Ty. However, Tyrese Gibson has amassed an estimated net worth of $21 million as of 2024.
Tyrese Gibson Net Worth
As of 2024, Tyrese Gibson has an estimated net worth of around $21 million. He has amassed his wealth through his various endeavors as a musician, actor, author, and entrepreneur over the past 25+ years of his career.
The Fast & Furious franchise played a major role in significantly boosting Tyrese’s net worth. He earned $2 million for his role in 2 Fast 2 Furious, his breakout film in the series.
His salary increased to $4 million for Fast Five, $6 million for Fast & Furious 6, and $8 million each for Furious 7 and The Fate of the Furious. He likely earned in the high 7-figures to low 8-figures for his appearances in later sequels.
In 2001, Tyrese earned approximately $1.5 million for starring in Baby Boy. He also earned 7-figure salaries for films like Death Race, Transformers, and Black and Blue. As a singer, Tyrese has sold over 10 million albums worldwide, generating millions in revenue.
Early Life and Education
Tyrese Darnell Gibson was born on December 30, 1978, in Watts, Los Angeles, California. He grew up in a tough neighborhood surrounded by gang violence, drugs, and poverty. His parents divorced when he was young, and he was raised by his mother, Priscilla Murray, along with his three older siblings.
Tyrese participated in the school choir and played piano as a child, and his music teacher encouraged him to pursue music professionally.
After high school, Tyrese briefly attended Florida A&M University before dropping out to focus on his budding music career. He never obtained a college degree.
Music Career Beginnings
Tyrese began his music career at age 14 when he joined a R&B group called TNT as their lead singer. In 1998, at age 19, he signed with RCA Records and released his debut single, “Nobody Else”. It quickly charted on the Billboard Hot 100, propelling Tyrese to fame.
His debut album, Tyrese, was released in September 1998 and peaked at #17 on the Billboard 200. It was certified Platinum and cemented Tyrese as a rising R&B star. Over the next few years, he released several more hit albums, including 2000 Watts (2001), I Wanna Go There (2002), and Alter Ego (2006).
Acting Career Breakthrough
While pursuing his music career, Tyrese also harbored ambitions of becoming an actor. He made his on-screen debut in 2001, playing the lead role in the film Baby Boy opposite Taraji P. Henson and Ving Rhames. Despite mixed reviews, the film was a commercial success, grossing over $28 million against a $13 million budget.
Tyrese’s big break came in 2003 when he landed a supporting role as Roman Pearce in the action blockbuster 2 Fast 2 Furious. That was his first film in the wildly successful Fast & Furious franchise. He would later reprise his role as Roman in five more Fast & Furious sequels, which propelled Tyrese to global stardom.
Some other significant films Tyrese has appeared in over the years include Four Brothers (2005), Annapolis (2006), Transformers (2007), Death Race (2008), and Black Nativity (2013). He also starred in the socio-political action thriller Black and Blue in 2019.
Sources of Income
Tyrese Gibson’s impressive net worth came through his multiple income streams. His income comes from several key sources.
Acting has given Tyrese his biggest payday, especially his major role in the commercially successful Fast & Furious franchise. He earned $2 million for his breakout role as Roman Pearce in 2003’s 2 Fast 2 Furious.
His salary increased substantially with each sequel, reaching around $8 million per film for the more recent Fast movies. Tyrese also earned 7-figure salaries for lead roles in movies such as Baby Boy, Four Brothers, Transformers, and Death Race.
Music is another primary source of revenue for Tyrese, having released 6 studio albums and multiple hits as a solo R&B artist. His music career with RCA Records took off in the late 90s, generating millions in album sales and streaming royalties.
As lead singer of the R&B group Black-Ty, he earned income during his early music career. Overall, Tyrese has sold over 10 million albums worldwide.
Aside from entertainment, Tyrese has also dabbled in various business ventures throughout his career. In 2009, he became the energy drink Voli Vodka brand ambassador. He was also previously a brand ambassador for the car company GM.
In 2011, Tyrese co-authored a bestselling book titled How To Get Out Of Your Way with pastor Mike Murdock. He also launched a multimedia brand called Voltron Recordz, serving as its CEO.
In 2013, Tyrese co-founded HQ, a celebrity nightclub in Los Angeles, with businessman Santo Scibilia. He was also the co-owner of a film finance company called Will Packer Productions.
More recently, in 2021, Tyrese launched a celebrity booking platform called Voltron360, which allows people to order personal video messages and shoutouts from their favorite celebrities and public figures.
Tyrese married his first wife, Norma Mitchell, in 2007, though they divorced in 2009. He then married Samantha Lee in 2017, and they have a daughter named Soraya, born in 2018. In 2020, Tyrese and Samantha announced they were divorcing.
Tyrese also has a daughter named Shayla Somer Gibson from a previous relationship, who was born in 2007. He shares joint custody with her mother, Norma Mitchell.
Tyrese is an avid writer in his spare time and has authored several books. He also enjoys flying private planes, deep-sea fishing, and travelling.
Tyrese is involved in several philanthropic efforts, starting The Love Circle Foundation to support abused women and children. He also works closely with the organization Beyond Blue, which tackles depression and suicide prevention.
Tyrese Gibson has been involved in extensive philanthropy, giving back to causes related to domestic abuse and mental health. He runs a nonprofit organization called The Love Circle, which provides support services to women and children who are victims of domestic violence.
In 2011, Gibson secretly funded a trip to Disneyland for a group of domestic violence survivors, allowing them to have a fun getaway after their abuse. He also donated $25,000 to a domestic violence shelter damaged in a fire.
For his philanthropy supporting abused persons, Gibson received the Avon Foundation Award in 2013 at the Trump International Hotel. In 2012, he became a brand ambassador for the Avon Foundation for Women.
However, Gibson does charity work for suicide prevention and depression assistance through the organization Beyond Blue. He has participated in campaigns spreading awareness about mental health issues.
FAQs on Tyrese Gibson Net Worth
How did Tyrese get his start in the entertainment industry?
Tyrese got his start in music, joining the R&B group TNT at age 14 as their lead singer. He signed a solo record deal with RCA at 19 and released his debut single and album in 1998, launching his music career.
What was Tyrese’s breakout role as an actor?
Tyrese’s breakout role was playing Roman Pearce in the 2003 action film 2 Fast 2 Furious, which catapulted him to wider stardom. It was his first appearance in the blockbuster Fast & Furious franchise, in which he later starred in five more sequels.
How much is Tyrese net worth?
Tyrese Gibson has a net worth of approximately $21 million. He earned much of his wealth from acting, especially the Fast & Furious films, which paid him multi-million dollar salaries.
What philanthropic causes is Tyrese involved in?
Tyrese is actively involved in domestic violence assistance programs and mental health organizations. Through his nonprofit, The Love Circle, he provides support to abused women and children.
Tyrese Gibson has showcased his incredible talents as a musician, actor, author, and entrepreneur. According to the Celebrity Net Worth, Tyrese Gibson has an estimated net worth of around $21 million. as of 2024.
However, Tyrese has proven he is an incredibly versatile force in the entertainment industry. From a strict upbringing in Watts, he overcame adversity through hard work and determination to achieve global fame and success.