John Travolta is a Veteran pilot and actor. He presently possesses an estimated net worth of $250 million. In the 1970s, Travolta ascended to prominence with an appearance on the television series Welcome Back, Kotter. His appearances on the silver screen occurred in the critically acclaimed films Saturday Night Fever (1977) and Grease (1978). In a similar fashion, Travolta has received two Academy Awards and seven Golden Globe nominations to date. His nomination for an Academy Award was for his iconic performance as Vincent Vega in the cult classic Pulp Fiction, directed by Quentin Tarantino.
Net Worth and Income
Over the course of his more than four decades in the entertainment industry, John Travolta has accumulated a net worth of $250 million. Travolta has made excellent investments from the mid to late 1990s when he amassed the majority of his fortune. In recognition of his breakthrough performance in Saturday Night Fever, Joseph was offered a $1 million contract. Likewise, he portrayed Danny Zuko in Grease, which grossed over $300 million on a modest $6 million budget, the following year. It was also reported that Travolta was earning approximately $20 million per film by 1996.
Nevertheless, he was compensated approximately $150,000 for his iconic performance as Vincent Vega in Quentin Tarantino’s Pulp Fiction. In addition, each of his salaries from the films Be Cool (2005) and Ladder 47 (2004) is estimated to be $20 million. Likewise, his revenue from the 2007 romantic comedy smash Hairspray was approximately $14 million. Travolta was compensated $500,000 per episode of the OJ Simpsons television series for his most recent work.
John Travolta’s Lifestyle
He entered into matrimony with the beautiful actress Kelly Preston in 1991; the couple had three children. Jett, the eldest of three children, passed away unhappily at the age of 16 in 2009 during a family vacation in the Bahamas as a result of a seizure. Additionally, Benjamin, the couple’s youngest child, was delivered within a year. Kelly met her demise in July 2020 as well, succumbing to breast cancer that had been identified for the past two years.
The couple was observed enjoying a joyful vacation on their coastal Maine property and soaring over it in Jumbolair prior to her passing. Travolta was recently spotted in Budapest, Hungary, enjoying a boat excursion with his daughter Ella.
John Travolta Donations and Charitable Work
John Travolta’s net worth of $250 million has enabled him to engage in ongoing philanthropic endeavors. He and his wife Kelly established the Jett Travolta Foundation in memory of their late son Jett, with the mission of assisting children with special needs. In a similar vein, The Oprah Winfrey Leadership Academy, The Simon Wiesenthal Center, and The Institute for the Achievement of Human Rights Potential have all benefited significantly from the foundation’s contributions.
Similarly, John has demonstrated an interest in animal welfare and rescue. By signing a wooden dog bone that was up for auction, he contributed to the promotion of the Last Chance for Animals and helped raise funds for the Mississippi Animal Rescue League. It was declared in 2017 that John Travolta’s Boeing 707 would be donated to the Historical Aircraft Restoration Society in Australia. Nevertheless, the aircraft was transported to Australia via air in 2020, and the expense of the journey alone is estimated to have been $2.3 million. Additionally, in 2012, the legendary Jetstream was bestowed upon the Georgia Aviation Hall of Fame.
Career
In 1971, at the age of seventeen, Travolta abandoned secondary school and relocated to New York City. He secured a role on the Broadway production Over Here! there. From 1975 onwards, he appeared in minor recurring roles on additional television programs and films. Travolta gained prominence in the entertainment industry with the role of Vinnie Barbarino on the ABC sitcom Welcome Back, Kotter (1975–79). Following this, he landed his first significant role on the big screen in the 1976 film Carrie.
Nonetheless, a few commercial and critical setbacks in the 1980s cast doubt on his status as an actor. Battlefield Earth (2000), Swordfish (2001), Ladder 49 (2004), Hairspray (2007), and Bolt (2008), among others, are among the noteworthy films in which Travolta appeared during this period. Travolta announced in 2020, following the passing of his late wife Kelly Preston, that he would be retiring from acting in order to find serenity and spend more time with his children.
