Phillip Rhee Net Worth (Updated 2026).

Phillip Rhee, born in 1953, began his martial arts journey at an early age, learning Taekwondo from his father, a renowned martial artist himself. He honed his skills and eventually earned a black belt, marking the beginning of his career in the late 1960s.

Rhee’s fame started to rise in the 1980s when he moved to the United States and opened his first martial arts school in Los Angeles. He gained recognition for his innovative teaching methods and impressive skills, which led to him becoming a prominent figure in the martial arts community.

Phillip Rhee’s Current Net Worth

As of 2025, Phillip Rhee’s current net worth is estimated to be around $50 million.

Career

Phillip Rhee is a martial artist, actor, and filmmaker. He is best known for his role as the lead character in the 1980s martial arts film series “No Retreat, No Surrender”. Rhee also directed and produced several films, including “Best of the Best” and “The Quest”.

Other Ventures

Rhee is the founder of the World Taekwondo Federation, an international organization that promotes the sport of taekwondo. He is also a successful businessman, with investments in real estate and various industries. Additionally, he has authored several books on taekwondo and self-defense.

Assets

Rhee’s assets include a sprawling estate in California, valued at over $10 million. He also owns several luxury cars, including a Rolls-Royce and a Ferrari. His martial arts school, the World Taekwondo Headquarters, is located in Los Angeles and is considered one of the most prestigious in the world.

Annual Income

Rhee’s annual income is estimated to be around $2 million. This comes from his various business ventures, including his martial arts schools, investments, and royalties from his films and books. His annual income from acting and directing has varied over the years, with some peak years reaching over $5 million.

Frequently Asked Questions about  Phillip Rhee

**Frequently Asked Questions: Phillip Rhee Net Worth**

1. What is Phillip Rhee’s net worth?

Phillip Rhee’s net worth is estimated to be around $10 million.

2. How did Phillip Rhee make his money?

Phillip Rhee made his fortune through his successful acting career, particularly his role as the lead character in the ‘Best of the Best’ film series. He is also a martial artist and has earned money through teaching and competing in martial arts.

3. What is Phillip Rhee’s most famous role?

Phillip Rhee is best known for his role as Alex Grady in the ‘Best of the Best’ film series.

4. Has Phillip Rhee won any awards for his acting?

Yes, Phillip Rhee has won several awards, including the Action on Film Festival Award for Best Actor for his role in ‘The Perfect Weapon’.

5. Is Phillip Rhee still acting?

Yes, Phillip Rhee is still active in the film industry. His most recent acting credit is in the 2020 film ‘The Last Mercenary’.

6. What martial arts does Phillip Rhee practice?

Phillip Rhee practices and teaches Taekwondo. He is a 7th-degree black belt in this martial art.

7. Has Phillip Rhee taught martial arts to any famous people?

Yes, Phillip Rhee has taught martial arts to several celebrities, including actor Steven Seagal.

8. Does Phillip Rhee have any children?

Yes, Phillip Rhee has two children, a son named Philip Rhee Jr. and a daughter named Phoenix Rhee.

9. What is Phillip Rhee’s height and weight?

Phillip Rhee stands at 5 feet 10 inches (178 cm) tall and weighs around 170 lbs (77 kg).

10. What is Phillip Rhee’s nationality?

Phillip Rhee is of Korean descent but was born and raised in the United States. He holds American citizenship.