Leon Thomas is an American actor, singer, songwriter, and producer. The 27-year old has had some of the best roles in different American drama series. Also, through his music, the Brooklyn native has won various awards, including the Grammys. Thanks to his impressive career progressions, Leon Thomas III net worth has increased in the past ten years.
Even though Leon is not one of the USA’s wealthiest celebrities, he has many revenue streams. The Grammy Award winner has successfully created active and passive income streams through his previous songwriting gigs and current paid projects. Also, his multiple income sources allow him to spend more time pursuing what he likes instead of taking unfulfilling tasks, especially in the film industry.
Leon Thomas III net worth
According to different sources such as Celebrity Net Worth, Leon Thomas III net worth is currently $600,000. According to the source, Leo’s primary income source is from acting gigs, music production, and music.
The American actor started acting at the age of 10, and since then, he has been in almost every primary production. Through the years, he has invested in his art and, more importantly, creating a firm foundation for his brand.
Although the TV star has been in the limelight for almost two decades, he has managed to keep details about his home, car(s), and investments away from the public. Thanks to his privacy approach, Leon Thomas III house pictures are unavailable in his Instagram posts and tweets. Also, interviewers rarely ask him personal questions, thanks to his exciting projects.
Leon has been a feature on Forbes since 2017. Interestingly, none of the articles is about his worth or income. However, pieces such as “Leon Thomas III net worth according to Forbes” may come to light in the future, thanks to his impressive career progression.
Leon Thomas income sources
Since Leon Thomas is a multi-talented artist, he has multiple income streams. His primary sources of revenue since 2003 include:
Music performance and tours
As a musician, Leon performs at different events. Also, through Columbia and Rostrum Records, he tours other cities. While his music career has not been as consistent as his acting, he is always available for bookings through his agency.
Like other artists, his booking fees are not constant. His agency negotiates his performance and tour fees on the backdrop of the concert’s location and the booking time. His availability is a factor in negotiating his performance fees.
Acting is his most significant source of income. Leon Thomas III movies and TV shows since 2003 have made him a global figure, especially as a young black actor. Since acting is a gig-based ecosystem, the remuneration depends on many factors. For example, the actor’s experience and the film’s budget dictate what the actor gets per episode.
Thanks to his impressive acting skills and inborn talent, Leon is fortunate to be in 15 TV shows and six movies. However, he has never disclosed how much he makes per episode. Fortunately, it is possible to estimate how much the actor makes per year.
According to Salary, an actor in the USA can earn up to $70,642. But since Leon is an A-list actor, he is most likely to make more than the industry's average. Most of the movies and TV shows he has been part of the casting are high-budget productions.
Music sales also contribute to Leon Thomas the Third net worth. Since releasing his first single, La Bamba, in 2007, Leon has three mixtapes and an EP. Thanks to his massive following and unorthodox approach to writing music, he has a loyal fanbase.
Although his music is not what you expect in mainstream radio, he has registered impressive numbers in different chats. In return, his music is popular on streaming platforms such as Spotify and Apple Music.
Besides his music, he is a famous music co-author. Leon has co-written with some of the most prominent artists such as Toni Braxton, Jessica Mauboy, Rick Ross, Ariana Grande, and Post Malone. He is entitled to any income from the songs he has written and co-written.
Brand partnerships and influencing gigs
Thanks to his massive following on Twitter and Instagram, Leon works with different brands as an influencer and partner. While he is choosy on the brands he partners with, he has worked with big brands such as JBL. Although he did not disclose his contract with the high-end audio equipment company, JBL is synonymous with paying collaborators well, especially those in the limelight.
The singer also works with smaller brands as an influencer. According to Vox, he can make up to $250,000 per post based on his following and engagement levels. However, the fees in the influencing market are ever-changing.
Income from music production
Leon Thomas is an award-winning producer. The Brooklyn native produced four songs in the Love, Marriage & Divorce album. As one of the Grammy’s traditions, he received credit as a producer and writer. He was also a producer in Post Malone’s Stoney album, where he co-wrote and produced the 14th track, Yours Truly, Austin Post.
Like most celebrity producers, Leon’s rate card is unavailable to the public. However, according to ZipRecruiter, music producers earn an average of $70,326 per year. Based on this estimation and the nature of the projects, Leon makes double the estimated amount.
Besides his production and co-writing fees, Leon Thomas gets royalties from the album sales. According to Balance Careers, producers earn from 3% to 4% of the total album sales. Since Leon has worked on some of the best albums in the recent past, his royalties’ revenue is impressively high.
Even though the Grammy Awards winner is only 27, as of 2021, he is one of the most consistent creators in the American scene. Also, his approach to diversify in different niches makes the Brooklyn native a complicated creator to ignore. Thanks to the career growth, Leon Thomas III net worth has grown organically.
Yen.com.gh featured an interesting piece about Roman Atwood net worth. The American YouTuber, prankster, and social media personality has grown his popularity over time. He is one of the most successful YouTubers.
Besides his charismatic personality, he is successful on the video-sharing platform because of his ability to create great content. He is also popular because of his relatable vlogs.