Kevin Costner Net Worth: Oscar-winning actor's $250M estate protected by ironclad pre-nup
LOS ANGELES, CALIFORNIA: When Kevin Costner parted ways with his college sweetheart and mother of three of his children, Cindy Costner, the split cost him a whopping $80 million. However, his current wife, Christine Baumgartner, may not be able to walk away with much considering the 'Yellowstone' star has an ironclad prenuptial agreement in place this time. It was recently reported that Baumgartner filed for divorce from her husband and both have filed for joint custody of their three children.
While it is unclear what Christine Baumgartner will receive as part of the divorce, she is reportedly not seeking spousal support for her children. The family's primary residence was in Ventura, California, 30 miles south of Santa Barbara. Costner also owns a 160-acre estate in Aspen, where he and Baumgartner tied the knot in 2004. Property records reveal Costner has several other real estate investments, including apartments in Los Angeles.
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What is Kevin Costner's net worth?
According to CelebrityNetWorth, Costner has a net worth of around $250 million. The Academy Award-winning actor reportedly collects a staggering $1.5 million per episode of his hit show 'Yellowstone'. Last year, he became the highest paid actor on TV when his salary was upgraded to $1.5 million per episode, per Variety. Costner originally became one of the best paid stars in Hollywood in the 1990s when he received $14 million for his role in 'Waterworld.' In 1990, he was paid $3 million for his role in 'Dances With Wolves,' and a year later he raked in over $40 million for his part in 'Robin Hood: Prince of Thieves,' owing to a profit-sharing deal he made with producers.
Costner also owns Ocean Therapy Solutions, a company that partners with other businesses in environmental clean-up. In 2010, the firm reportedly sold equipment to BP in the wake of the Gulf of Mexico oil spill for a whopping $52 million. In January this year, it was reported that Costner was renting out his 160-acre Aspen estate in Colorado for an eye-watering $36,000 per night.
Kevin Costner and Christine Baumgartner
Costner and Baumgartner first began dating in 1998 after having crossed paths in 1996 when the actor was filming his movie 'Tin Cup.' He confessed at the time that he wasn't ready to fall in love again when he first met her. Both Costner and Baumgartner graduated from California State University, with the latter earning a degree in business. The lovers eventually married in 2004 in the Aspen estate and went on to have three children together, namely Cayden, 15, Hayes, 14, and Grace, 12. Now, Baumgartner is seeking joint custody of them after deciding to part ways with her husband of 19 years.
It's worth noting that Baumgarnter's net worth pales in comparison to her star husband. However, she has built a successful career for herself and has an estimated net worth of $7 million as the co-founder of handbag company, Cat Bag Couture, and from her former career as a model. As menitoned, Baumgartner is not seeking spousal support from her soon-to-be-ex partner, with Costner's response filed by Laura Wasser. According to Wasser, a prenuptial agreement exists between the couple. "Spousal support to be payable to petitioner pursuant to the terms of the parties' Premarital Agreement," she stated in court records.