Michael Madsen’s Net Worth – $6 Million
Michael Madsen has a net worth of $6 million as an American actor, poet, and photographer. Madsen’s net worth would be higher if he hadn’t filed for bankruptcy in 2009 and been sued by a previous landlord for unpaid rent on a Malibu home totaling $80,000. Madsen reported a monthly income of only $3,300 at the time of his bankruptcy petition. Michael’s career and finances have now rebounded wonderfully, due in part to his appearances in dozens of films to pay off his debts.
Michael Madsen is best recognized for his roles in Quentin Tarantino films such as “Reservoir Dogs,” “Kill Bill,” “The Hateful Eight,” and “Once Upon a Time… in Hollywood.” He’s also appeared in a number of other films, including “The Getaway,” “Wyatt Earp,” “Donnie Brasco,” and “Sin City,” as well as on television in shows like “Our Family Honor,” “Vengeance Unlimited,” and “Tilt.”
Beginnings of Life and Work
Michael Sren Madsen was born in 1957 in Chicago, Illinois, to a novelist and filmmaker mother Elaine, a World War II Navy veteran, and a Chicago Fire Department fireman father Calvin. Cheryl, a businesswoman, and Virginia, an actress who was nominated for an Oscar for her work in the 2004 film “Sideways,” are his two siblings. Madsen’s father is Danish, while his mother is German, English, Irish, Scottish, and Native American.
Madsen began his career in Chicago as an apprentice under actor John Malkovich at the Steppenwolf Theatre Company, where he also performed in a performance of John Steinbeck’s “Of Mice and Men.” Madsen had a brief role in the Cold War thriller “WarGames” in 1983, after acting in the 1982 film “Against All Hope.”
Breakthroughs on Big Screen
Madsen continued to act in films such as “Racing with the Moon,” “The Natural,” “The Killing Time,” “Shadows in the Storm,” and “Kill Me Again” during the rest of the 1980s. In 1991, he was cast as Jimmy in Susan Sarandon and Geena Davis’ buddy road movie “Thelma & Louise.” The next year, in Quentin Tarantino’s directorial debut, “Reservoir Dogs,” he had an even greater role. Mr. Blonde, played by Madsen, is a sadistic gangster who teases and chops the ear of a tied police officer in the film’s most famous scene.
Throughout the rest of the decade, Madsen landed prominent parts in films such as “Fatal Instinct,” “Trouble Bound,” “Free Willy,” “The Getaway,” “Wyatt Earp,” “And species,” and “Mulholland Falls.” He played opposite Al Pacino and Johnny Depp in the gangster picture “Donnie Brasco” in 1997, and he had lead parts in the military drama “Surface to Air” and the sequel to “Species,” “Species II,” in 1998. In the 1999 film “The Florentine,” Madsen co-starred with his sister Virginia.