Lou Diamond Phillips, a Filipino-American actor, has achieved massive success after his breakout role in the iconic film La Bamba. Lou is thought to have a net worth of $6 million. His outstanding performance earned him an Independent Spirit Award nomination and even a Golden Globe nod. Since that debut project over three decades ago, he’s gone on to star in more than one hundred TV shows and films.
Lou Diamond Phillips Net Worth
Since his introduction to the film industry in 1986, Lou Diamond Phillips has become a financial success, with an estimated net worth of $6 million. Acting is Phillips’ primary source of income, and he has been featured in lead roles in many popular movies throughout his career.
Unfortunately, concrete numbers regarding his salary and yearly earnings have yet to be revealed. However, Phillips is most certainly living a life of luxury with the massive income he’s garnering. On top of that, he has managed to keep any details about his possessions out of public view.
| Real Name | Lou Diamond Phillips |
| Profession | Actor, Film Director |
| Lou Diamond Phillips Net Worth | $6 million USD |
| Salary (monthly) | Not Known |
| Salary (yearly) | Not Known |
| Last Updated | 2026 |
Lou Diamond Phillips Assets
Until 2006, the actor resided in a luxurious home with five bedrooms and four bathrooms that totalled 5,233 square feet. Unfortunately, the price of this beautiful property remains undisclosed.
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About Lou Diamond Phillips
Born on February 17th, 1962, in Zambales’ Subic Bay Naval Base, Lou Diamond Phillips is an accomplished actor. His birth name was Lou Diamond Upchurch, and he hails from a mixed South Asian descent while also possessing American citizenship. Gerald Amon Upchurch (a Marine C-130 crew chief) and Lucita Umayam Aranas (homemaker) are his parents; the star was born under the Aquarius zodiac sign, too.
Phillips graduated from Flour Bluff High School in Corpus Christi and continued his education at the University of Texas, obtaining a bachelor’s degree in fine arts with a concentration in drama by 1980. Standing tall at an imposing 5 feet 11 inches (1.8m), Phillips’ stature is similar to renowned actor Parker Young.
Film Breakthrough of Lou Diamond Phillips
In 1987, Phillips achieved stardom when he was cast as Ritchie Valens in the biopic “La Bamba.” The following year brought even greater success with his leading role in the film “Stand and Deliver,” featuring an Oscar-nominated Edward James Olmos. For portraying Angel Guzman, a struggling math student, Phillips won the Independent Spirit Award for Best Supporting Male and earned recognition with a Golden Globe nomination for Best Supporting Actor in Motion Picture.
In 1988, Phillips took on the leading roles in both “Dakota” and “Young Guns.” Here, he portrayed the notorious Old West outlaw Jose Chavez y Chavez. He capped off a successful decade with further starring roles in two more films: the action crime movie known as “Renegades” and its hilarious counterpart, ‘Disorganized Crime.
His Further Film Career
In 1990, Phillips returned to the big screen with his character Jose Chavez y Chavez for “Young Guns II.” He also made appearances in the thrillers “A Show of Force” and “The First Power,” as well as the horror movie “Demon Wind.” Other credits include a mystery feature, “The Dark Wind”; a thriller-drama he penned himself called “Ambition”; an adventure film titled “Shadow of the Wolf,” starring Jennifer Tilly, Toshiro Mifune, and Donald Sutherland; and an action crime drama, ”Extreme Justice.”
Marking his first foray into directing, Phillips debuted in 1994 with “Dangerous Touch,” where he also starred. That year, he also directed and featured himself in the movie “Sioux City,” which kicked off a successful decade that saw him star in such iconic films as “Teresa’s Tattoo,” “Courage Under Fire,” and The Big Hit,” among others. Eventually closing out the 90s with movies like Brokedown Palace” and “Bats.”
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Personal Life of Lou Diamond Phillips
On September 17, 1987, Lou Diamond Phillips married his first wife, Julie Cypher. Unfortunately, their marriage ended abruptly on August 5th of the same year because Julie had discovered her sexuality as a lesbian. After this heartbreaking divorce, Lou Diamond entered into a brief affair with actress Jennifer Tilly before eventually marrying his second wife, Kelly Philips, on April 24, 1994. Together, they have three kids: Grace and Isabella (twins born in October 1997) and Lili (born in September 1999).
Despite having a family of five, the Philips’ relationship was unable to withstand the test of time and unfortunately, ended in divorce. In 2007, Phillips tied the knot with Yvonne Boismier for the third time, thus expanding their happy family to include daughter Indigo. Currently living peacefully together without any hardships or tensions, this union stands strong after all these years.
