Cuba Gooding Jr. is an American actor known for his Oscar-winning performance in ‘Jerry Maguire.’ However, he has recently been in the spotlight not for his acting skills but due to legal issues. As of 2023, Gooding Jr.’s financial and professional landscape has been impacted by these events. Let’s see what his current net worth stands at.
Gooding Jr.’s Career Insights
Cuba Gooding Jr.’s career has been marked by highs and lows. After gaining fame in the 1990s with roles in films like ‘Boyz ‘n the Hood’ and ‘A Few Good Men,’ his career took a sharp turn. His performance in ‘Jerry Maguire’ earned him an Academy Award and a salary of $600,000. Following this, he earned $1.5 million for ‘What Dreams May Come’ and ‘Men of Honor,’ and $2 million for ‘Instinct.’
However, the actor’s career experienced a downturn with a shift to direct-to-DVD projects between 2008 and 2012. He saw a resurgence in 2016 with his portrayal in ‘American Crime Story: The People v. O. J. Simpson.’ Unfortunately, this comeback was short-lived as his career hit another low following his 2019 arrest on charges of sexual abuse.
Legal Battles and Their Impact
In November 2023, Gooding Jr. faced two new lawsuits filed by Jasmine Abbay and Kelsey Harbert, both alleging sexual assault and battery. These allegations are not new to the actor, who, in April 2022, pleaded guilty to a misdemeanor charge of forcible touching related to an incident at a New York City nightclub. This plea was part of a conditional agreement, allowing Gooding Jr. to avoid jail by completing counseling. Besides, in June 2023, he settled a sexual assault lawsuit from an incident alleged to have occurred in 2013.
Cuba Gooding Jr.’s 2023 Net Worth
As of now, Cuba Gooding Jr.’s net worth is estimated at $12 million. However, his recent legal issues and the ensuing lawsuits have influenced his public image and financial status. According to his IMDb profile, the actor has 6 upcoming projects — so they may affect his fortune positively in the future.
Gooding Jr. has several real estate investments. He sold a home in Studio City, CA, for $1.4 million in 2009 and another in Porter Ranch, CA, for $735,000 in 2013. His most significant property transaction involved a mansion in the Pacific Palisades, initially listed for $11.995 million and sold for $9.8 million.
