Tom Selleck’s Net Worth in 2026 Revealed: How the Blue Bloods Star Built His $20 Million Fortune

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Tom Selleck’s net worth in 2026 comes largely from TV, and saying goodbye to Blue Bloods wasn’t easy for him.

“I love the show,” Selleck gushed to Parade about the CBS hit series, which ended with Season 14. “Magnum I never tired of, but I got tired from it, though. I was in every shot. But this show, the only thing I’m tired of is the commute [to New York City]. I live in Los Angeles, that’s where my family is; my wife, my daughter.”
Selleck previously told Parade that while he wasn’t eager to leave Frank Reagan behind, he’s always going to keep working. “I’m always looking out there for what’s next,” he said. “I can tell you this—I plan on staying an actor as long as I’m wanted.”

Find out how rich the television icon has become throughout his nearly five decades in front of the camera.

How did Tom Selleck become famous?

Tom Selleck on the set of the TV series 'Magnum'. (Photo by Sunset Boulevard/Corbis via Getty Images)

Selleck was born in Detroit in 1945, and he moved with his family to Sherman Oaks, California, a Los Angeles suburb, in 1948.

After graduating from high school, Selleck briefly enrolled in community college and lived at home. Thanks to his towering 6’4″ frame, he was scouted for the University of Southern California basketball team, transferring to the school in his junior year to play on the USC Trojans, as well as to pitch for the university’s baseball team.
Selleck majored in business administration and tried acting during his senior year. He got bitten by the acting bug big time, dropping out of school shortly before earning his bachelor’s degree to study acting with the legendary coach Milton Katselas (who himself trained under the iconic acting teacher Lee Strasberg).

While pursuing stardom, Selleck served in the California Army National Guard from 1967 to 1973. Concurrently, he began appearing in commercials for brands like Pepsi, Right Guard deodorant, Salem cigarettes, Close-Up toothpaste and Revlon men’s cologne. He also had bit parts in films and guest appearances on TV series during this time, most notably as investigator Lance White in The Rockford Files. Throughout his early career, Selleck starred in several TV pilots that were never picked up.

That finally changed in 1980, when he first starred as the titular Thomas Magnum in Magnum, P.I. Before the series started filming, he was famously offered to star as Indiana Jones in Raiders of the Lost Ark, but had to turn it down.
“You can’t do what ifs. There was a what if, but it’s a very long story,” he explained to Parade. “After turning down Indiana Jones, there was a what if, which was this: CBS, in a dispute with Universal who was producing Magnum, took Magnum off the fall schedule. Now if I couldn’t do Indiana Jones and Magnum went away, which was possible for about a month, that would have made it harder to be philosophical about it.”

He added, “I signed a contract for Magnum, and it was the best thing that ever happened to me. I blew most screen tests I ever did because I was too nervous. The screen test with Steven Spielberg, I already knew I had the Magnum commitment and I knew it might be a conflict, so I didn’t put the same pressure on myself.

“Look, I’m not tired of hearing the story, but I’m sure Harrison Ford is,” he concluded. “He’s created this indelible character. There’s a lot of what ifs constantly. I think I did the right thing. I’ve heard stories where actors got a better offer and were committed to something and drove into a wall to injure themselves, so they didn’t have to do the lesser of the two commitments. Crazy stuff.”

It clearly all worked out really well, and Selleck won an Emmy for Magnum, P.I. in 1984.

Tom Selleck net worth - Tom Selleck Friends - FRIENDS -- "The One Where Ross and Rachel...You Know" Episode 15 -- Pictured: (l-r) Tom Selleck as Dr. Richard Burke, Courteney Cox Arquette as Monica Geller (Photo by Paul Drinkwater/NBCU Photo Bank/NBCUniversal via Getty Images via Getty Images)
Following the success of Magnum, Selleck has worked steadily in film and TV, most famously in Three Men and a Baby; the recurring role of Dr. Richard Burke, Monica’s ophthalmologist love interest on Friends (for which he was nominated for an Emmy); Ivan Tiggs on Boston Legal and Frank Reagan on Blue Bloods.

What is Tom Selleck’s net worth in 2026?

Tom Selleck’s net worth in 2026 is estimated to be a cool $20 million. Much of his wealth was amassed while starring on Magnum, P.I. Selleck earned a staggering $4.8 million per season of the series, according to the Los Angeles Times. Adjusted for inflation, that would be about $14 million today.

Who was the highest-paid actor on Blue Bloods?

Will Estes, Len Cariou, Bridget Moynahan, Tom Selleck and Donnie Wahlberg

Selleck was the highest-paid star on Blue Bloods, reportedly making about $200,000 per episode—twice as much as co-star Will Estes, who is said to have made $100,000 for each episode of the long-running series. The cast took pay cuts for season 14, but Selleck was still the top earner.

How much did Tom Selleck make on Blue Bloods?

Tom Selleck as Frank Reagan in "Blue Bloods" - Tom Selleck net worth

With earnings of about $200,000 per episode and 24 episodes per season, Selleck made about $4.8 million per season of Blue Bloods. However, sources told The Hollywood Reporter that the cast and producers of Blue Bloods agreed to a 25% pay cut to greenlight the 14th and final season and support the show’s crew, which means Selleck’s salary for season 14 was likely about $3.6 million ($150,000 per episode).

Selleck previously told Parade that he was not ready for Blue Bloods to end.

“I’m not counting the days so I can do something else,” he said. “I love the work. Sometimes the hours are a little harder because I’m older, but so what? I want to work as long as they’ll have me.”

How much did Tom Selleck make per episode of Blue Bloods?

Tom Selleck

Selleck was reportedly paid $200,000 per episode of Blue Bloods, but took a pay cut for season 14. He likely made $150,000 per episode for the final season.

How much does Tom Selleck make on reruns of Blue Bloods?

Tom Selleck as Frank Reagan in "Blue Bloods" - Tom Selleck net worth

It’s unknown how much Selleck makes on Blue Bloods reruns. The series reportedly has great syndication deals, and with its 293 episodes, he should be quite comfortable for life!

Where does Thomas Selleck live?

Selleck and his family live on a ranch in Ventura, California. He previously told People that it provides a good balance of solitude away from the hustle and bustle of New York City (where Blue Bloods was filmed) and Hollywood, and that living there helps “keep [him] sane.”

Did Tom Selleck serve in Vietnam?

While Selleck didn’t fight in the Vietnam War, he enlisted in the California National Guard when he was drafted while the war was happening.

“I am a veteran, I’m proud of it,” he previously said. “I was a sergeant in the U.S. Army infantry, National Guard, Vietnam era. We’re all brothers and sisters in that sense.”

Does Tom Selleck own a home in Hawaii?

Selleck used to own a home in Oahu, Hawaii, while he starred in Magnum, P.I., which filmed there. He reportedly put the property on the market in 2001 for $2.7 million.

Where does Tom Selleck own property?

Selleck owns a 65-acre ranch in Ventura, California, where he’s lived with his wife and family since 1988.

Does Tom Selleck have a restaurant in Hawaii?

Selleck used to be co-owner (with Larry Manetti and a third investor) of the Black Orchid restaurant in Kakaako, Hawaii. The restaurant and property have since been sold, according to the Honolulu Star-Advertiser.

What brand of Hawaiian shirt did Tom Selleck wear?

Selleck rocked Paradise Found Hawaiian shirts during his time on Magnum, P.I. Fun fact: The style also inspired Dale’s look from Disney’s Chip and Dale: Rescue Rangers, with Chip being styled after Indiana Jones.

Does Tom Selleck have a place in Maine?

Selleck owned a home in Jonesboro, Maine, for years, according to local reports. His face was also emblazoned on a random shed in Fairfield, Maine, for more than three decades.

What’s Tom Selleck doing now?

Selleck recently finished his long run on Blue Bloods, which ended with its 14th season. After the series wrapped, Selleck joked to Parade that he is “unemployed,” but made clear that he doesn’t plan to retire. In fact, he wouldn’t mind starring in a Taylor Sheridan series. “A good Western’s always on my list. I miss that,” he said, referring to the six Westerns on his acting resume. “I want to sit on a horse again.”