What is Arnold Schwarzenegger's net worth? Actor buys houses for 25 homeless veterans
Former California Governor and veteran actor Arnold Schwarzenegger is being lauded for turning Santa this Christmas, as he gifted 25 brand new homes to homeless war veterans in Los Angeles. The Hollywood action star reportedly spent over $250,000 of his own money to buy the tiny houses with all basic amenities, which are now home to veterans once living in the streets of LA. The homes were constructed by the nonprofit foundation 'Village For Vets' before they were purchased by Schwarzenegger.
Sharing about his noble endeavor, Schwarzenegger tweeted, "Today, I celebrated Christmas early. The 25 homes I donated for homeless veterans were installed here in LA. It was fantastic to spend some time with our heroes and welcome them into their new homes." In another tweet, he shared the news adding, "This is what Christmas is all about. All of you have the power to do something for someone else this holiday season. It doesn’t have to be big. Just give a few minutes of your time to help someone else."
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Today, I celebrated Christmas early. The 25 homes I donated for homeless veterans were installed here in LA. It was fantastic to spend some time with our heroes and welcome them into their new homes. pic.twitter.com/2mHKfoZ65V
— Arnold (@Schwarzenegger) December 24, 2021
This is what Christmas is all about. All of you have the power to do something for someone else this holiday season. It doesn’t have to be big. Just give a few minutes of your time to help someone else. https://t.co/xHiKKRPOh7
— Arnold (@Schwarzenegger) December 24, 2021
What is Arnold Schwarzenegger's net worth?
The Austrian-born actor, who is a noted Republican leader, was showered with gratitude by the veterans with new homes. "No squirrels and no rats. It's home," said Ferris Keams, a veteran who called an outdoor tent his home for months. Although 'tiny' in size, his new home comprises two beds, full heating, and air-conditioning as well as a small desk for work.
Schwarzenegger, who was one of the highest-paid Hollywood actors of his time, has a staggering net worth of $400 million. According to Celebrity Net Worth, the 'Terminator' star earned nearly $20 to $30 million per movie at the height of his successful career.
He has also been a conscious investor throughout his career, as his real estate portfolio in itself stands at over $100 million at present. In fact, his business acumen and calculative real estate investments made him a millionaire by the time he was only 25 years old. The 'True Lies' actor got his fattest paycheck from the movie 'Twins' where he starred alongside Danny DeVito. He made around $35-$40 million from the movie back in 1988, which in present-day terms would be equivalent to $70-$80 million.
Schwarzenegger put a pause on his film career to serve as the Governor of California between 2003 to 2011. Later, he had remarked that his duties as the Governor lost him nearly $200 million in potential movie wages. Despite his multi-millionaire status, Schwarzenegger is well-known for his grounded nature and generous personality, as he was spotted doing charity in the past as well.