Mr. T Net Worth (2024)
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Mr. T Net Worth, Earnings & Biography: Lawrence Tureaud, better known by his stage name Mr. T is an American television personality, motivational speaker, voice actor, retired bouncer, bodyguard, and retired professional wrestler, with a total of $2 million net worth. 

He is best known for acting in the 1982 film “Rocky III” and the 1980s television series “The A-Team”. 


Today, we’re going to have an in-depth assessment into Mr. T’s career and personal life, and we’ll be looking at:

  • How he managed to earn his net worth and surpass the hardship of life;
  • How he uses his career path to influence other people, especially the youth;
  • His properties, scandals, and facts about him;
  • How he manages his finances;
  • And much more…

With this, join us as we show you some of the first-hand information we managed to dig up about Mr. T’s net worth.

Let’s get started…

Who Is Mr. T?

Mr. T Net Worth

Lawrence Tureaud’s birthday is on May 21, 1952, in Chicago, Illinois. He is the youngest among twelve children. In an episode of Silver Spoons”, Mr. T explained his name as “First name: Mister; middle name: period; last name T.” 

He even said in one of his speeches, “People ask me what the “T” stands for in my name. If you’re a man, the “T” stands for tough. If you’re a woman or child, it stands for tenderness!”


In the mid-70s, he took a job as a bouncer at a club in Chicago and became a bodyguard of solid and well-known personalities. He was then known as a man who wore gold chains with a mohawk haircut and answered to the name “Mr. T.”

His big break came when Sylvester Stallone spotted him at the NBC’s “America’s Toughest Bouncer” competition, a segment of NBC’s Games People Play,” and cast him as one of the cast in Rocky III.

But wait, let me tell you something…

Did you know his role as Rocky III was supposedly and originally intended to be just a few lines. However, he became the show’s primary antagonist and was cast as “Clubber Lang.” From this film, he is known for his line “I pity the fool.” After this Rocky III role, he subsequently appeared in different boxing films and TV series. 

How can you beat that? 

In addition to his professional life as an actor, let us talk about his television series The A-Team”.

“The A-Team” Series is an American action-adventure television series that ran on NBC from 1983 to 1987. The series is about the former members of a fictitious United States Army Special Forces unit. Mr.T played “Sergeant Bosco “B.A.” Baracus”. 

Want to know the best part?

The series became a major hit, and B. A. Baracus, in particular, quickly became a cult character. Did you know that this TV series led Mr. T’s acting career to boost. The role led him to make an appearance in many series, films, and sitcoms. 

Mr. T is not only an actor but also a motivational speaker. In 1984, he even made a motivational video to encourage the youth. This video is called Be Somebody… or Be Somebody’s Fool!

World Class Championship Wrestling

In July 1989, Mr. T made an appearance on the world-class Championship Wrestling. His professional wrestling career as a professional wrestler. It is the year 1985 when Mr. T entered the world of professional wrestling.

He became the tag team partner of Hulk Hogan for the World Wrestling Federation (WWF) WrestleMania, where he won and later became a “WWF boxer.” 

In 1994, he retired from wrestling and was inducted into the WWE Hall of Fame in 2014. And in April 2004, he was inducted into the WWE Hall of Fame’s celebrity wing.

Profession: retired wrestler, American actor, bodyguard, Spokesperson
Worth: $2 Million
Date of Birth: May 5, 1952 (72 years old)
Gender: Male
Eye Colour: Dark Brown
Zodiac Sign: Gemini
Place of Birth: Chicago, Illinois, UnUS
Language: English
Tattoos: Yes
Nationality: American
Religion: Christian
Relationship Status: Divorced
No. of Children: 3

How Much Is Mr. T Worth?

Mr. T’s net worth is $2 million throughout his entire career as a motivational speaker, TV personality, and voice actor.

Mr. T Net Worth Year By Year

YearEarnings $
2017$1 million
2018$1.2 million
2019$1.3 million
2020$1.5 million
2021$2 million

Mr. T Business Ventures

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Mr. T: The Man with the Gold: An Autobiography

The popular star recounts his ghetto childhood, his remarkable mother and brothers and sisters, his determination to make something of himself, his success, his religious faith, and his strong convictions and beliefs.

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Mr. T’s Be Somebody (Or Be Somebody’s Fool)

Mr. T offers advice and encouragement on dealing with peer pressure and shyness, depression and anger, frustration and embarrassment, being yourself, and developing your style.

The Young Mr. T

The Young Mr. T

Lawrence Tureaud was born on May 21, 1952, in Chicago, Illinois. He is the youngest son among 12 children. Tureaud and his 11 siblings, four sisters and seven brothers, grew up in a three-room apartment in Robert Taylor Homes. 

Nathaniel Tureaud, his father, was a minister. Sadly, his father left them when he was just five. That’s the reason why he shortened his name to Lawrence Tero. He legally changed his last name to T in 1970. He based his new name upon his childhood impressions relative to the lack of respect from white people for his family. 

Did you know that…

Mr. T. was excellent at sports as he was attending Dunbar Vocational High School. Life is not easy for Mr. T as he grows. He once served as part of the military police corps in the United States Army.

Mr. T Family & Relationships

Ex-Wife: Phillys Clark

Ex-Wife: Phillys Clark

Phyllis Clark and Lawrence Tureaud exchanged vows in 1971. By 2014, they were still said to be living together in a home in Los Angeles. The couple has three children together, Lawrance Jr, and two daughters named Lisa and Erika Tureaud.

As we take a deep dive into his personal life, let’s  a look at some scandals and controversies.

Mr. T Scandals & Controversies

Mr. T Scandals & Controversies

2013: A man named Alexander Taylor claimed to be the illegitimate son of Mr. T filed a $5.4 million lawsuit. He claimed the retired professional wrestler had abandoned him at a young age. The lawsuit was dropped in 2014 because Taylor failed to pay the $400 for filings and administrative fees to continue the legal action.

Nancy Reagan sat on Mr. T lap as he was dressed as Santa and kissed him, which was quotes ‘most shocking first lady photo ever’.

Mars pulled  Mr T’s Snickers TV ad over anti-gay claims.  In the advery Mr T harassed a speed walker for being a “disgrace to the man race”.  There were complaints in the US & Uk that it is was offensive to gay people and pulled advert was pulled after one month.

How Mr. T Spends His Money?

Mr. T Houses – Lake Forest Mansion

Mr. T Houses

The actor previously owned this mansion back in the ’80s. It was located at 395 Green Bay Road. This house became controversial back on its construction as he needed to cut down 100 trees and used a chainsaw to cut those trees on the properties due to his allergies. 

Want to know the details of the house?

The home has nine bedrooms, ten bathrooms, an attached two-car garage, a detached four-car garage with a one-bedroom apartment, an in-ground pool, and a pool house. It was the year 2017 when it was listed again for $7.5 million.

Fun Facts About Mr. T

  • Mr. T was once part of American Football. He also won a football scholarship at a university. Mr. T even tried to try out for the Green Bay Packers but didn’t make it due to his knee injury. 
  • He had a successful cartoon show.
  • There’s a breakfast cereal named after him.
  • He served as a personal guard for Michael Jackson, Diana Ross, and other celebrities.
  • He is known for his gold neck chains and his unusual hairstyle.
  • He was competitive in football, wrestling, and martial arts. He even studied martial arts.
  • His role as Rocky III was supposedly and originally intended to be just a few lines.
  • He had a cameo appearance in the film “Not Another Teen Movie” (2001)

5 Financial Freedom Lessons From Mr. T

  1. Put your money where your values are. Your bank statements will show where they are.
  2. You should not put your money, time, energy, effort, or investment into anything you do not understand. Do your research.
  3. Save money for your future.
  4. You cannot just randomly do things without a plan or purpose. Invest in long-term projects.
  5. Avoid impulsive expenditures.

Top 3 Quote From Mr. T

  • “God is on my side, and that’s all I need. I don’t pray to the president, the governor, the mayor, no black caucus, and no. I pray to God, and that’s the end of it.
  • “I’m tough when I have to be, tender when I should be.”
  • “If you can’t read, the only thing you can do is enjoy the pictures, not the whole story.”

Frequently Asked Questions (FAQs)

What Disease Does Mr. T have? 

Mr.T was diagnosed with T-cell lymphoma, a form of cancer, in 1995. While he recovered from this T cell lymphoma, Mr. T kept a low profile and narrowed his appearances to commercials.

What’s Mr. T’s Real Name? 

Mr. T’s real name is Lawrence Tureaud.

Is Mr. T Married? 

Yes, he is. Phillys Clark married Mr. T in 1971, with whom he has three children. They have two daughters named Erika and Lesa, and a son is named Laurence Tureaud Jr.

Summary: Mr. T Net Worth & Biography  

There you have it! What can you say about the life of Mr. T. What stages of his life are you most interested in? 

If you’re going through something, always remember what this man went through just to go to where he is now.  He’s been a team leader, a team worker, and a team maker. Mr. T may be tough on the outside (physically), as we can always see the professional wrestler side, but as you can learn more about him, you will see his values and how great a man he is.

If you want more of his content, like quotes and the best of his memes, just visit Bouncemojo.com.

Check Out: Mr. T: The Man with the Gold: An Autobiography

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