8 Ways In Which Jamie Foxx Spends His Millions

Quick Links

While Jamie Foxx began his career as a comedian, he found his calling in acting when he starred in the 1992 comedy Toys. He began playing supporting roles in movies until he was cast as Ray Charles in the 2004 biopic Ray for which he earned an Academy Award. His other notable works include Django Unchained, The Amazing Spider 2, Due Date, White House Down, and Baby Driver. Foxx has earned a respectable reputation in the industry, and he makes around $10 million per film. He also has a prolific music career that has helped him reach the $150 million net worth mark.

Jamie Foxx has it all, from buying luxury homes and cars to spending vacations with family and traveling in private jets. He is also known to help charities to boost their reach everywhere. Let’s look at how Jamie Foxx spends his million-dollar net worth.

Real Estate

Jamie Foxx has a great real estate portfolio that most notably includes three properties. The first home is his primary residence in Hidden Valley Home in California. Purchased in 2007, his Mediterranean-style villa cost $10.5 million. The 40-acre home has ten bedrooms, twelve bathrooms, and a remarkable master bedroom with dual master bathrooms. The star's second home is a party pad located in Tarzana, valued at $2.9 million. He bought the home in 1997, and it features five bedrooms and six bathrooms. In 2019, Jamie Foxx purchased a $1.69 million home in Agoura Hills for the mother of his second daughter, Kristin Grannis. According to Variety, the mini-mansion consists of five bedrooms and five bathrooms.

Luxury Car Collection

Jamie Foxx has a multi-million dollar car collection decked in his garage with exclusive supercars that the actor loves to drive. He owns a $2 million Bugatti Veyron with a custom gold paint job. It is one of the fastest cars globally and produces 1200 HP. The next car in his collection is the $185,000 Rezvani Tank, known for being an off-road powerhouse. Other notable cars include Vanderhall Venice, Lamborghini Gallardo, Rolls Royce Phantom Drophead Coupe, and a Mercedes Benz G-Wagon.

Watch Collection

A big fan of eye-catching timepieces, Jamie Foxx has a stunning watch collection. He is usually spotted wearing Rolex watches like the Yellow Gold Rolex President Day-Date that costs $12,990, the $24,999 Rolex Datejust with Pavé diamonds, and Rolex Submariner with an $ $8,990 price tag. One of his other notable watches is the IWC Portuguese Chrono that he wore during the press tour of the film adaptation of Miami Vice. IWC released a limited-edition Miami Vice watch and created only 50 units costing $5,290 each.

Stunning Yacht

There is no better getaway for Jamie Foxx than cruising on a private yacht. He has been spotted relaxing on yachts during the summers and celebrating special events on yachts. In 2018, he was spotted celebrating New Year with his then-girlfriend Katie Holmes on the $8 million yacht Utopia III, as stated by Daily Mail. More recently, he celebrated Thanksgiving with his younger daughter Annalise and her mother.

Expensive Vacations

Whether he is out with friends, romantic partners, or his daughters, Jamie Foxx loves to vacation. The actor is known to hit beach destinations like Miami and whisk to Malibu for weekend getaways. A doting father, he took his daughters to Disneyland in 2019 and enjoyed a VIP tour with them on the rides and various Kingdoms.

Private Jet Expenses

Traveling in style is the only way Jamie Foxx cruises for vacations and reaches movie locations. He is one of the few celebrities who only travel in private jets. While Foxx doesn’t own a private plane yet, he relies upon Jet Luxe, a company that curates luxury aviation for exclusive celebrities like Jamie Foxx, Kim Kardashian, and Scott Disick. The company has a fleet of luxury private jets, including the Bombardier Global 6000, as noted by Jet Luxe. It costs upwards of $10,000 per hour to fly onboard.

Farm Animals

While the actor lives in lavish homes, Jamie Foxx embraces his Texas cowboy roots. He owns farm animals, including a stallion on his ranch, a horse named Cheetah. His horse appeared in the Quentin Tarantino-directed movie Django Unchained that stars Foxx as the lead alongside Christoph Waltz and Leonardo DiCaprio. Cheetah, a Quarter-Pound breed, is a majestic horse, and the starting price of this elite stallion is $25,000 and goes as high as $100,000.

Philanthropy

A true philanthropist at heart, Jamie Foxx has established the Jamie Foxx Foundation that supports health, education, and welfare sectors that generate awareness and help HIV/AIDS patients in Africa and Haiti. After the loss of his beloved sister in October 2020, Foxx set up a DeOndra Dixon Fund to honor her. As mentioned by Entertainment Tonight, as his sister had Down Syndrome, the fund will help people living with similar conditions. The Fund was unveiled at the Global Down Syndrome Fashion Show in November 2020.

From luxury homes and custom supercars to taking vacations to wind down and helping people by enriching their lives, Jamie Foxx has mastered the art of spending his millions on things that matter. The prolific actor actively works in movies to increase his fortune, and he was last seen starring as an antagonist in Spider-Man: No Way Home.

Sources: Variety, Daily Mail, Jet Luxe, Entertainment Tonight