The very popular and familiar name Lee Majors is one that, for many TV classic lovers, conjures images of The Six Million Dollar Man and the voice-over from The Fall Guy. But aside from his legacy and iconic roles, what was Marley’s financial success and how rich is he? How did this television star build his fortune? Today we are going to take a look at the early life and career of actor Lee Majors, following which find out about his net worth and financial status.

Early Life and Career Beginnings

Lee Majors was born on April 23, 1939, in Wyandotte, Michigan and raised by a working-class family. He was raised by his father, who had lost his mother at an early age. Majors was a sports fan in high school and considered becoming a professional football player. But he took an unexpected turn when he went west to California to attend the University of Eastern Kentucky, where he started, at least ideally, with plans for a degree in physical education.

Majors’ interest in acting, however, didn’t take off until he got to the University of California and began studying the craft. Once he graduated in 1959, he broke into the business by taking small roles on several television shows and movies. His big break arrived in 1965 with his role in the TV series The Big Valley, co-starring Barbara Stanwyck. It was his role as Heath Barkley that made him a star, and it was apparent that he had a successful career ahead of him in show business.

The Six Million Dollar Man (–72)

Lee Majors Career Lee Majors broke out in 1974 when he was first seen playing the character Steve Austin on the classic TV show The Six Million Dollar Man. The show, which aired until 1978, tells the story of an astronaut turned cyborg who fights missions for the government using cutting-edge technology. The show was a huge hit, and Majors soon became the household name of trans men everywhere.

The success of The Six Million Dollar Man didn’t just ensure Lee Majors would go down in television history; it was also the start of a massive build-up of his wealth. Majors earned a handsome salary as the star of an evening prime-time show. His notoriety also fueled endorsement deals, product placements and appearances that helped fill Mr. Snowden’s pockets.

“At the peak of popularity Majors was reportedly paid $250,000 per episode. This massive figure, combined with his increasing popularity, placed him among the highest-paid TV actors of that period.

Film and Other TV Shows

Lee Majors kept acting after The Six Million Dollar Man. He moved on quickly to other successful ventures, including the long running series The Fall Guy (1981 86) which capitalized on his charm and ruggedness. Majors was the starring role Colt Seavers, a Hollywood stuntman who moonlights as a bounty hunter. The show was a success, and Majors was now the face of another beloved TV character.

Majors also starred on the hit series The Fall Guy and featured in a variety of made-for-TV movies and guest spots on other TV shows. Though his film career never took off as explosively as his television career, Majors carved out a niche on the big screen for himself. He also appeared in such movies as The Last Hard Men (1976) and Steel (1997), the latter starring Shaquille O’Neal as a superhero and Preston’s mentor.

While his film projects generally were not moneymakers compared to his TV work, they added to his overall wealth and only served to solidify his standing as an entertainment figure.

Lee Majors’ Net Worth: What Is He Worth?

As of 2026, the estimated net worth for Lee Majors is $15 million. Although the figure may seem rather modest for a Hollywood legend, it is necessary take into account several reasons why he has been able to amass such wealth.

TV Roles and Earnings

The primary source of Lee Majors’ net worth was his iconic television characters. He would have made millions over the years thanks to his salary during the peak of The Six Million Dollar Man and The Fall Guy. And even after those shows ended, Majors continued to collect residuals from reruns and syndication deals, as well as home video sales.

Their perennial popularity with retro TV fans has helped Majors keep cashing in throughout the years. His wealth also includes items and souvenirs from The Six Million Dollar Man and The Fall Guy.

Endorsements and Brand Partnerships

Lee Majors has had several successful endorsement deals over the years. Like many celebrities of his era, he was the face behind a number of products, endorsing everything from baby formula to cigs. There were also his relationships with businesses such as Ford, which was central to The Fall Guy with its trademark trucks. His relationships with these types of brands only increased his fortune outside acting.

Personal Investments and Business Ventures

In his career with Hollywood, Lee Majors has not only been an actor; he has also made intelligent investments. While the specific investments of his non-gym-chain businesses are private, successful actors and entertainers frequently expand their wealth with real-estate developments or through entrepreneurship. Majors has almost certainly taken the route of using his wealth to acquire property and acquire other assets that will continue to generate passive income through the years.

He also has some behind-the-scenes work in the production side of entertainment under his belt, probably creating another source of income from executive functions and other similar positions.

Lifestyle and Spending Habits

It seems Lee Majors is not one of those many Hollywood stars who led a high-profile lifestyle. His wealth has afforded him a lifestyle, but he is not accused of overspending. That careful management of his finances has likely been key in maintaining all those years. That’s not to say he hasn’t enjoyed the perks of being a sought-after actor, but unlike other MCU talent, Majors has kept his life private for the most part opting for family time and his various hobbies over tons of Hollywood parties.

Personal Life and Legacy

Lee Majors has had personal highs and lows throughout his career, but his mark on Hollywood is a significant one. He was married four times, to a string of actresses including Farrah Fawcett and Karen Velez. One of the most iconic stars of the 70s compared to one of the sexiest pin-ups of that time, his combination with Fawcett is hard to beat. But despite sympathizing with the public, Lee Majors’ family drama lived behind-the-scenes and never stole the show from his career.

Majors has long been a horse lover and active in many of his charities, especially those that have to do with animals, animal rights or children’s organizations.

Lee Majors After Retirement: Ongoing appearances, Upcoming projects

While Lee Majors is not making quite as frequent appearances on television and film these days, he has not exactly disappeared from the public eye. He still does the rounds at fan conventions, touching base with an intensely loyal following who grew up watching The Six Million Dollar Man and The Fall Guy. Not only do these shows keep Phil connected to his public, but he does not mind picking up a few extra bucks either.

Majors has also appeared in other contemporary shows, like The Ranch (2016-2020) on Netflix, which starred Ashton Kutcher. His appearance on the series really reacquainted late fans with him, and proves that Lee Majors’ legacy is not dying off anytime soon.

Although he’s sure to continue relishing a cushy retirement, it’s possible that by cashing in on gigs across the media spectrum, that flow of money will keep flowing for years to come.

Conclusion: The Legacy of Lee Majors and His Net Worth

Lee Majors went from a young man with big dreams in Michigan to a television legend with an estimated net worth of $15 million, and it was due to hard work, talent and wise career decisions. His careers as The Six Million Dollar Man and The Fall Guy made him a pop culture icon and his other work in acting, endorsements, and personal investments has helped keep him financially well-off.

Whilst his name might not pop up in the news headlines so much anymore, Lee Majors has left a long footprint and will likely always do so, both with regard to his roles of note and through financial prosperity. His story is a demonstration that talent, savvy choices and an abiding relationship to fans can bring success over the long haul in wealth and the kind of impact on popular culture that benefits the Rockefeller Foundation as much as it does his Panem flock.