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Michael J. Fox Net Worth: How Rich Is He? Wife, Philanthropy, And More

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Michael J. Fox Net Worth How Rich Is He Wife, Philanthropy, And More

The Canadian-American activist and retired Actor Michael J. Fox has made his fans wonder what he was worth. Fox has been a part of the entertainment industry since 1978 and retired from the field in 2021. 

Fox also rose to prominence by taking up the role of an activist by founding Michael J. Foundation in 2000 by aiming to advocate for finding a cure for Parkinson’s disease, an illness that has haunted Michael since the 1990s. 

Fox was topping the headlines recently after he shared the years of painful experience in living with Parkinson’s disease. However, this article is to discuss Michael J. Fox’s net worth in 2023. 

Who Is Michael J. Fox?

Michael J. Fox is a Canadian-American actor, producer, author, and activist who was born as the son of a Canadian military officer.

Fox made his television debut in Vancouver when he was 15. Three years later, he relocated to the United States and lived in substandard housing while waiting for his green card. 

When Fox made his debut in both film and television in 1980, he received a regular role on the weekly series Palmerstown, USA, and a supporting role in the theatrical release ”Midnight Madness”. In the beginning, the baby-faced Fox was able to play teenagers and young adults far into his twenties. 

Fox voiced Stuart Little, the titular character in the 1999 movie adaptation of the well-known children’s book by E.B. White. 

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Michael J. Fox Wife

Michael J. Fox has been married to his co-worker Tracy Pollan since 1998. They both appeared on the television show Family Ties, in which Tracy acted as Fox’s longtime girlfriend. 

Fox credits Pollan with saving his life throughout his struggle with Parkinson’s disease, which he was diagnosed with in 1991. 

Michael J. Fox Net Worth

Michael J. Fox is supposed to have an estimated net worth of more than $70 million as of 2023. The success of 61-year-old retired Canadian-American actor, producer, and television director Michael J. Fox has contributed significantly to his wealth. 

Michael J. Fox Net Worth

Pepsi has signed the actor to a lucrative endorsement deal and capitalized on Fox’s celebrity fame to sell its soft drinks. He made a lot of money in royalties from the sale of his books, which have done so well. 

Fox owns several properties throughout the world, including a mansion in Manhattan where he lives with his family, a house in Malibu, Quogue, New York, and Connecticut. 

Fox and Tracy Pollan commissioned an architect to create their dream  Connecticut home for $5.6 million twenty years ago. Later, it was listed for sale in 2016 for around $4.25 million, and a deal was reached for $3.9 million in 2017. They purchased the 7,000-square-foot Quogue home for $6.3 million in 2007 and sold it for $6,150,000 in 2021. 

Besides the houses and properties Fox owns, he has a collection of several high-end cars in his garage over the years. The car collection of Fox includes a 1956 model Porsche 356 Speedster, a 1987 model Ferrari Mondial Coupe, Range Rover, and BMW. 

Philanthropy

Fox established The Michael J. Fox Foundation as a non-profit organization to support the growth of all promising areas of Parkinson’s disease research. 

Following his diagnosis of the illness, he started drinking heavily and developed depression but eventually took help. 

In 1988, Fox disclosed that he had Parkinson’s disease, and he has subsequently spoken out in favor of this cause. He has been in charge of the Parkinson’s Progression Marker’s Initiative since 2010. 

The foundation is conducting a groundbreaking observational study to identify the biochemical indicators of Parkinson’s disease that will cost $100 million. 

In 2010, Karolinska Institute conferred an honorary doctorate of medicine for Micheal J. Fox. 

In 2016, Michael J. Fox’s Foundation started an auction to generate money for Parkinson’s research. With the help of Nike, they held two auctions, one in Hong Kong and the other in London, and raised $6.75 million. 

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