Actor Chad McQueen, best known for his role in The Karate Kid, tragically passed away due to organ failure on September 11, 2024. His death was confirmed by his wife and two children in a statement.
Chad McQueen was the son of famous race car driver Steve McQueen, who inherited a considerable fortune from his father, in addition to accumulating wealth through his acting career. Let’s take a look at Chad McQueen’s net worth at the time of his death.
Chad McQueen’s net worth
According to the website Celebrity Net Worth, Chad McQueen’s net worth was $45 million At the time of his death in September 2024. Although a portion of it came from his film projects, a large amount came as inheritance. Chad’s father Steve’s net worth was estimated at $30 million When he died in November 1980. In his will, Steve left his actual personal property to his children: son Chad and daughter Terri.
Chad and Terry also earned royalties from their father’s films, luxury properties, and valuable personal items such as cars and motorcycles. Terry died in 1998, leaving Chad the sole owner of Steve’s estate. According to a 2012 Forbes report, Steve’s royalties came from auctions and licensing deals $6 million That year, that would have significantly increased Chad’s net worth.
Talking about his film career, Chad starred as Dutch in The Karate Kid (1984) and its sequels and also appeared in films like Martial Law, Jimmy Hollywood and Red Line. As well as acting, McQueen had a successful career in motorsports. As a professional race car driver, he has competed in events such as the Baja 1000 and the 24 Hours of Le Mans, earning both prize money and sponsorship deals.
In addition to acting and racing, Chad McQueen founded McQueen Racing, LLC in 2010, a company focused on creating high-performance custom vehicles and racing products. The business contributed to their financial success and is now being managed by their children, Chase and Madison.
Must read: Jackie Chan recalled that Will Smith told him “You’re the teacher” when he assumed he was being cast as a kid in The Karate Kid: “I’ve actually forgotten how old I am.” Am”
Follow us: Facebook | Instagram | Twitter YouTube |
