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    Home»News»The Financial Gambles Tom Hanks Has Taken to Grow His Net Worth
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    The Financial Gambles Tom Hanks Has Taken to Grow His Net Worth

    WilliamBy WilliamJune 19, 2023Updated:July 17, 2023No Comments2 Mins Read

    Tom Hanks is one of the most successful and beloved actors of all time. His extensive filmography has earned him worldwide acclaim, as well as a considerable net worth. While his income from his acting career has been substantial, Hanks has also made some savvy financial decisions to further his wealth theviralnewj. Here are some of the financial gambles that Tom Hanks has taken to grow his net worth. First, Hanks invested in the media company Playtone. Founded in 1998, Playtone produces television shows and feature films, including Band of Brothers and Big Love. Hanks serves as the company’s co-founder and CEO, and the success of Playtone projects has made it a lucrative venture for Hanks. Second, Hanks ventured into the world of real estate. He purchased a beachfront property in California’s Malibu area in 2000 and has since rented out the home to various tenants. He also owns a ranch in Montana, which he purchased in Net Worth
    1. Third, Hanks invested in technology startups. In 2012, he invested in the software company Hanx Writer, which creates a word processor app that mimics the experience of using a typewriter. Hanks has also invested in a variety of other tech companies, including the social media app Beme and the robotic assistant company Kuri. Finally, Hanks took a chance on the film industry. He produced the 2016 comedy-drama Sully, starring himself, which went on to become a box office success, earning over $240 million worldwide. He also co-produced the 2017 film The Post, which was a critical and commercial success and was nominated for several Academy Awards Bio Data. These financial gambles have paid off for Tom Hanks, helping him to grow his net worth and cement his legacy as one of Hollywood’s most successful actors factnewsph.

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