• Fri. May 27th, 2022

How Jean Claude Van Damme Achieved a Net Worth of $30 Million

Byadmin

May 5, 2022

$40,000,000

How wealthy is Jean-Claude Van Damme?
Jean-Claude Van Damme, also known as JCVD, is a retired martial artist and actor from Belgium with a net worth of $40 million. He is best known for his late 1980s and 1990s series of popular martial arts action films.

 

Childhood

Camille, Jean-Claude François van Varenberg was born on October 18, 1960, in Berchem-Sainte-Agathe, Brussels, Belgium. At the age of ten, his father enrolled him in a Shotokan Karate school. This has had a significant impact on his fighting style, which combines Shotokan Karate and kickboxing. He eventually earned his black belt in karate at the age of eighteen. He later began practicing Taekwondo and Muay Thai, and at the age of sixteen began studying ballet, which he studied for five years.

 

Career in the Martial Arts

When Van Damme was twelve years old, he joined the Centre National de Karaté (National Karate Center), where he trained for four years and earned a spot on the Belgian Karate Team. At the age of fifteen, he began his competitive karate career in Belgium. Between 1976 and 1980, he won 44 matches and lost four in tournament and non-tournament semi-contact matches. He was also a member of the Belgian Karate Team in December 1979, when it won the European Karate Championship. He continued on and began his full-contact career in 1977, winning 18 fights and losing one before retiring in 1982.

Career in Acting

Jean-Claude moved to America with a friend from his hometown in 1982, at the age of 22, to pursue a career in Hollywood. He was reportedly already a millionaire in his native country after founding a chain of private gyms when he relocated to California to pursue a career as an actor. He was soon cast as an extra in the 1984 film “Breakin,” but it was 1988’s “Bloodsport” that catapulted him into the action star stratosphere.

 

He later starred in films such as Cannon Films’ “Kickboxer” (1989). Van Damme joined The Cannon Group’s roster of action stars following the success of his films, alongside Chuck Norris, Charles Bronson, Sho Kosugi, and Michael Dudikoff. Among his other notable films are “Death Warrant” (1990), “Lionheart” (1990), and “Double Impact” (1991), in which he portrayed twins Alex and Chad Wagner. Roland Emmerich’s 1992 film “Universal Soldier” was one of the year’s biggest blockbusters. It grossed $102 million worldwide on a budget of just $23 million.

 

He reportedly earned $3.5 million from Columbia Pictures for a three-film deal. His first film as part of the deal was “Nowhere to Run” (1993), in which he starred alongside Rosanna Arquette. He later starred in several Universal Pictures films, including “Hard Target” (1993), “Street Fighter” (1994), “Timecop” (1994), and “Sudden Death” (1994). (1995). He returned to Columbia in 1996 with the films “Maximum Risk” and “Double Team” (1997). Van Damme co-starred in “Double Team,” directed by Hong Kong filmmaker Tsui Hark, alongside NBA star Dennis Rodman. The film was Van Damme’s first major box office flop, and his 1998 film “Knock Off” was a box office dud as well. His other noteworthy work includes the 2008 Belgian crime drama “JCVD.” Van Damme portrays a semi-fictionalized version of himself in the film.

 

Apart from film roles, Van Damme has worked on a variety of other acting and film-related projects throughout the years. In the two-part episode “The One After the Superbowl,” he appeared as a guest star on the television show “Friends.” In 1996, he directed and co-starred in the film “The Quest” alongside Roger Moore. He also directed, edited, produced, wrote, and starred in “Full Love,” a 2014 film. Jean-Claude Van Damme has appeared in over 50 films over the course of his 40-year film career, including the international box office smash “The Expendables” series. Although he is a critically acclaimed actor, he has only won a handful of awards, including a Golden Raspberry Award for Worst Screen Couple (with Dennis Rodman) for Double Team in 1988, a Bollywood Movie Award for International Action Superstar in 2004, and a Macau International Film Festival Golden Lotus Award for International Action Superstar in 2014.

Personal and Real Estate Situations

Van Damme had a very expensive cocaine habit in the mid-1990s and was forced to enter a drug rehab program. He was spending $10,000 per week on cocaine at the time. Additionally, he was eventually diagnosed with rapid cycling bipolar disorder. He is the father of three children and has been married five times to four different women.

 

In 2012, Van Damme paid $6 million for a brand new spec mansion in Marina Del Rey, California, which was $125,000 above the asking price. He sold the home to rapper Ice Cube for $7.25 million in 2016.

 

Highlights of Compensation

In 1988, Van Damme earned a meager $25,000 for the film that launched his career, “Bloodsport.” He then earned approximately $75,000 for “Black Eagle,” “Kickboxer,” and “Death Warrant.” In the early 1990s, he earned $600,000 for 1991’s “Double Impact.” He earned $1.5 million the following year for “Universal Soldier.” He earned $3.5 million the following year for “Hard Target.” He earned $5 million the following year for “Timecop.” Van Damme earned a career-high $8 million for “Street Fighter” the same year. He earned $5 million for “Sudden Death” in 1995.

 

Between 1991 and approximately 1995, Van Damme earned approximately $40 million in base salaries, before taxes. That equates to approximately $70 million in today’s money.

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