Captain Richard Phillips Net Worth (Updated 2025).

Captain Richard Phillips, born in 1959, began his maritime career at the age of 18, joining the U.S. Merchant Marine Academy. After graduating, he worked his way up from deckhand to captain, a position he held for over two decades.

In 2009, Captain Phillips gained international fame when he was taken hostage by Somali pirates while commanding the U.S.-flagged cargo ship Maersk Alabama. His courageous actions during the 5-day ordeal, including volunteering to be taken hostage in place of his crew, earned him widespread admiration and the subsequent book and film “Captain Phillips.”

Captain Richard Phillips’ Current Net Worth (2025)

As of 2025, Captain Richard Phillips’ net worth is estimated to be around $10 million. This figure is based on the latest available information and includes his earnings from his career as a captain and his other ventures.

Career

Captain Richard Phillips is a retired United States Navy captain and merchant mariner. He is best known for being held hostage by Somali pirates in 2009. Phillips served in the U.S. Navy for over 20 years, retiring as a captain in 2010. After his retirement, he worked as a maritime security consultant and author.

Other Ventures

In addition to his career in the navy, Phillips has also ventured into writing and public speaking. He wrote a book about his experience with the Somali pirates, titled “A Captain’s Duty: Somali Pirates, Navy SEALs, and Dangerous Days at Sea,” which was published in 2010. He has also given speeches and lectures on leadership and maritime security.

Assets

Phillips’ assets include real estate properties in the United States, primarily in Florida and Virginia. He also owns a number of vehicles, including a Ford F-150 truck and a Honda CR-V. Additionally, he has investments in maritime security companies and other businesses.

Annual Income

Phillips’ annual income varies depending on his consulting and speaking engagements. As a retired captain, he also receives a pension from the U.S. Navy. His book and related movie deals have also contributed to his income. However, the exact figures are not publicly disclosed.

Frequently Asked Questions about  Captain Richard Phillips

Frequently Asked Questions: Captain Richard Phillips Net Worth

1. What is Captain Richard Phillips’ net worth?

Captain Richard Phillips’ net worth is estimated to be around $5 million.

2. How did Captain Phillips become famous?

Captain Phillips gained fame after being taken hostage by Somali pirates in 2009 while commanding the U.S.-flagged cargo ship Maersk Alabama. His story was later depicted in the 2013 film “Captain Phillips” starring Tom Hanks.

3. What is Captain Phillips’ current occupation?

After retiring from the maritime industry, Captain Phillips became a public speaker and author. He released a memoir titled “A Captain’s Duty: Somali Pirates, Navy SEALs, and Dangerous Days at Sea” in 2010.

4. How long was Captain Phillips held captive by Somali pirates?

Captain Phillips was held captive for five days, from April 8 to April 12, 2009.

5. What happened to the Somali pirates who took Captain Phillips hostage?

Of the five pirates involved in the hijacking, four were convicted and sentenced to life in prison without parole in the United States. The fifth pirate, Abduwali Muse, was sentenced to 33 years in prison.

6. Did Captain Phillips receive any awards for his actions during the hijacking?

Yes, Captain Phillips was awarded the Merchant Marine Medal for Exceptional Heroism, the highest honor in the U.S. Merchant Marine, for his actions during the hijacking.

7. How many years did Captain Phillips serve as a merchant marine?

Captain Phillips served as a merchant marine for over 20 years before retiring in 2010.

8. Did Captain Phillips have a family while serving as a merchant marine?

Yes, Captain Phillips has a wife, Andrea, and two daughters, Maria and Danielle.

9. What is Captain Phillips’ stance on piracy today?

Captain Phillips has been an advocate for increased security measures to prevent piracy and has testified before Congress on the issue.

10. Are there any upcoming projects involving Captain Richard Phillips?

As of now, there are no publicly announced projects involving Captain Richard Phillips. However, he continues to give speeches and share his experiences with audiences around the world.