Tom Selleck's net worth and how the Magnum PI star built his fortune

Tom Selleck's net worth and how the Magnum PI star built his fortune

Tom Selleck's net worth is estimated at $20 million as of 2025, a fortune built over decades in Hollywood. Widely renowned for his roles as Thomas Magnum in Magnum, P.I. and Frank Reagan in Blue Bloods, the American actor has earned millions through acting, producing, and endorsements.

Tom Selleck during film sets
Tom Selleck, during the Blue Bloods film sets, as Frank Reagan. Photo: Patrick Harbron (modified by author)
Source: Getty Images

TABLE OF CONTENTS

Key takeaways

  • Tom Selleck built his riches primarily through acting, with standout roles in Blue Bloods and Magnum, P.I.
  • During the height of his career on Magnum P.I., Tom Selleck earned $500,000 per episode.
  • The actor earned roughly $200,000 per episode on Blue Bloods, making him the show's top-paid cast member.
  • One of his most valuable real estate properties is his 63-acre ranch in Thousand Oaks, California, worth millions.

Tom Selleck's profile summary

Full name

Thomas William Selleck

Gender

Male

Date of birth

29 January 1945

Age

80 years old (as of 2025)

Zodiac sign

Aquarius

Place of birth

Detroit, Michigan, United States

Current residence

Ventura County, California, United States

Nationality

American

Ethnicity

White

Religion

Christianity

Education

University of Southern California

Hair colour

Dark brown

Eye colour

Brown

Height in feet and inches

6'4"

Height in centimetres

193

Weight in pounds

200

Weight in kilograms

91

Father

Robert Dean Selleck

Mother

Martha Selleck

Siblings

3

Sexual orientation

Straight

Marital status

Married

Wife

Jillie Mack

Children

2

Profession

Actor, film producer

Net worth

$20 million

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What is Tom Selleck's net worth?

According to Celebrity Net Worth, Tom Selleck's alleged net worth is $20 million as of August 2025. Selleck has grown his fortune through his successful career in the film industry, brand endorsements, real estate investments, and long-term syndication royalties.

Tom Selleck's career highlights

During his senior year of college, Tom decided to experiment with acting. Consequently, he dropped out of school shortly before earning his bachelor's degree in business administration to pursue acting.

Fcats about Tom Selleck
Top 5 fast facts about Tom Selleck. Photo: Gary Gershoff on Getty Images (modified by author)
Source: Original

From 1967 to 1973, Selleck served in the California Army National Guard while pursuing his career in show business. Concurrently, he began appearing in commercials for Pepsi, Coca-Cola, Revlon men's cologne, Right Guard deodorant, Close-Up toothpaste, and Salem cigarettes.

He later landed minor guest roles in shows like Marcus Welby, The Dating Game, Charlie's Angels, and The Rockford Files. During this period, he also signed a contract with 20th Century Fox, where he appeared in multiple supporting roles but could not find his breakthrough.

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Breakthrough with Magnum, P.I.

In 1980, Selleck was cast as Thomas Magnum in the CBS crime drama series Magnum, P.I. He portrayed the charming private investigator residing in Hawaii, bringing humour, depth, and relatability to the role.

Tom Selleck in a floral shirt
Tom Selleck as Thomas Magnum in the CBS television series, Magnum, P.I. Photo: CBS (modified by author)
Source: Getty Images

The show aired eight seasons (1980-1988), earning Selleck critical and widespread acclaim. In 1984, he received an Emmy Award for Outstanding Lead Actor in a Drama Series and a Golden Globe Award.

How much did Tom Selleck earn per episode of Magnum P.I.?

In 1985, during the height of his career on the show, Tom Selleck earned $500,000 per episode, becoming the highest-paid actor on the original cast. He also received earnings from his position as executive producer and syndication profits, significantly increasing his overall compensation.

Further success on the big screen

While Magnum, P.I. defined Tom's television career, he also found success in Hollywood films. His most famous movie success came with Three Men and a Baby (1987), the year's highest-grossing film. Its sequel, Three Men and a Little Lady (1990), was equally successful, boosting his fame even further.

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Tom Selleck in a black suit
Tom Selleck attends a discussion for the book, "You Never Know: A Memoir", at 92NY in New York City. Photo: Gary Gershoff
Source: Getty Images

Other notable films include Quigley Down Under (1990), Mr. Baseball (1992), and An Innocent Man (1989).

Selleck's fame surged in the mid-1990s after he appeared as a guest on Friends. He portrayed Monica Geller's (Courteney Cox) charming older boyfriend, Dr. Richard Burke. His recurring performance captivated audiences and earned him an Emmy nomination.

The acclaimed American actor later moved into television movies with the Jesse Stone series based on Robert B. Parker's novels. From 2005 to 2015, he portrayed a small-town police chief struggling with personal problems.

Longevity with Blue Bloods

In 2010, Selleck reprised his career-defining role as Frank Reagan, the New York City Police Commissioner, in CBS's Blue Bloods. The show became one of television's longest-running police dramas and a staple of CBS's Friday night lineup. It ended in December 2024, after 14 seasons and over 275 episodes.

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Tom Selleck in grey suit
Tom Selleck as Frank Reagan on Blue Bloods. Photo: John Paul Filo
Source: Getty Images

How much money did Tom Selleck make per episode of Blue Bloods?

Selleck earned approximately $200,000 for every episode of Blue Bloods. However, the actors and producers agreed to a 25% pay cut to greenlight the 14th and final season and support the show's crew. This implies that Tom Selleck's salary for season 14 was around $150,000 per episode.

Inside Tom Selleck's stunning homes

Tom Selleck owns a stunning 63-acre ranch in Thousand Oaks, California, United States, which he bought in 1988 for a little over $5 million after the conclusion of Magnum, P.I.

Once owned by iconic singer Dean Martin, the property features a magnificent Spanish-style home, avocado groves, equestrian amenities, and wide-open land.

Before retiring into ranch life, the iconic actor owned a lavish 5,000-square-foot estate in Sherman Oaks, California. The property featured tennis courts, a luxurious pool, and multiple entertainment spaces.

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The American producer also owned a property in Oahu, Hawaii, while filming Magnum, P.I. In 2001, he reportedly sold the property for $2.7 million.

What car does Tom Selleck drive?

Selleck is associated with driving the iconic red Ferrari 308 GTS as Thomas Magnum in the TV series Magnum, P.I. However, it was not a personal car he owned. Some of the cars he has reportedly owned include:

Car

Estimated value ($)

1953 Dodge Power Wagon

$85,000

2001 Hummer H1

$135,000

1970 Dodge Challenger

$75,000

1945 Willys MB Jeep

$40,000

1985 Jeep CJ-7

$25,000

1967 Ferrari 275 GTB

$3,000,000

Tom Selleck sitting on a red car
Tom Selleck as Magnum, sitting on a red Ferrari 308 GTS. Photo: CBS
Source: Getty Images

FAQs

  1. Who is Tom Selleck? He is an acclaimed American actor and producer.
  2. How much is Tom Selleck worth financially? The actor's alleged net worth is $20 million as of 2025.
  3. Was Tom Selleck a real Navy SEAL? Tom Selleck is not an actual Navy SEAL. However, his character, Thomas Magnum, in Magnum, P.I., is a former US Navy SEAL.
  4. Did Tom Selleck serve in the army? The producer served in the California Army National Guard from 1967 to 1973.
  5. Who is the highest paid on Blue Bloods? Tom Selleck was the highest-paid actor on Blue Bloods, earning approximately $200,000 per episode.
  6. How much was Donnie Wahlberg paid for Blue Bloods? Donnie Wahlberg was the 2nd highest paid cast member, earning approximately $150,000 per episode in the later seasons.
  7. How much is Tom Selleck's ranch worth? He purchased it in 1988 for $5 million, and it was reportedly valued at around $12 million as of mid-2025.

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Tom Selleck's net worth reflects a career characterised by prudent decisions and steady growth. His roles on Blue Bloods and Magnum P.I., hefty per-episode salary, real estate investments, and persistent brand presence have all contributed to his wealth.

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Racheal Murimi (Lifestyle writer) Racheal Murimi is a content creator who joined Yen in 2022. She has over three years of experience in creating content. Racheal graduated from Dedan Kimathi University of Technology with a bachelor's degree in BCom, Finance. She has amassed sufficient knowledge on various topics, including biographies, fashion, lifestyle, and beauty. In 2023, Racheal finished the AFP course on Digital Investigation Techniques and the Google News Initiative course. You can reach her at wambuimurimi254@gmail.com