American Music Composer Lin-Manuel Miranda's Earning From His Profession and net Worth He has Achieved

Lin-Manuel Miranda is a star on the rise. The 38-year old is an American composer, lyricist, playwright, rapper, and actor, popular for creating and starring in the Broadway musicals In the Heights and Hamilton. If you haven't had the chance to catch him yet, you can with his upcoming film Mary Poppins Returns. The movie, starring Emily Blunt, Ben Whishaw, is set to release this December 19.

The New York City-born actor/composer, Lin-Manuel Miranda has been active in the industry since the early 2000s, and on today's date is one of the richest Broadway actors. Miranda has a net worth at $40 million in 2018 and his annual earning stands in the range, $5 million to $10 million.

Lin-Manuel Miranda's Net Worth: $40 million

Born to a clinical psychologist mother and a politician father, Lin-Manuel Miranda had a different vision for his career. As we mentioned earlier, Miranda is one of the riches Broadway actors in the world, and he achieved the spot in the league of biggies including Patti LuPone and Idina Menzel in nearly two decades of career. 

Lin-Manuel Miranda has a net worth at $40 million in 2018. Starting his career in Broadway in 2002, Miranda collaborated with actor John Buffalo Mailer and director Thomas Kail to revise In the Heights. Another of his notable Broadway is Hamilton: An American Musical, which premiered at The Public Theatre, New York City in January 2015. 

The #EduHam shows are Hamilton’s true legacy—the kids tell their stories and blow us all away every time. Thanks to #SamsungGives for inviting them and supporting #Eduham. https://t.co/eoMlHldAMk

— Lin-Manuel Miranda (@Lin_Manuel) September 28, 2018

Miranda today is making millions even from those Broadways. As the sole author of Hamilton, Miranda receives a 7 percent cut, which means in a typical week of eight shows he makes about $105,000 from royalties alone. As a lead in Hamilton, Miranda receives another payment around $30,000 a year. 

The Broadway actor earned $12.7 million in author royalties and profit participation for Hamilton in the 12 months ending in July 2017. As of September 2018, Hamilton has grossed $700 million and is on the list of the most successful musicals.

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Besides growing his bank balance, Lin-Manuel Miranda is active in the social cause too. By December 2017, Miranda's proceeds from his song, Almost Like Prying had helped the Hispanic Federation to $22 million for rescue efforts and disaster relief in Puerto Rico.