Ralph Carter Net Worth (Updated 2025).

Ralph Carter first stepped into the spotlight as a child actor in the 1970s, quickly making a name for himself with his undeniable talent and charisma. Born in New York City, he began his career on Broadway, landing a role in the musical *The Me Nobody Knows* at just nine years old. His powerful voice and stage presence caught the attention of casting directors, paving the way for his breakthrough role as Michael Evans on the hit TV series *Good Times*. The show’s success turned him into a household name, showcasing his ability to balance humor and heartfelt moments with ease.

Carter’s rise to fame was fueled by his versatility, as he effortlessly transitioned from theater to television. *Good Times* not only solidified his place in pop culture but also made him one of the most recognizable young actors of the decade. Beyond acting, he pursued music, releasing the single “When You’re Young and in Love,” which further expanded his reach. His early achievements set the stage for a multifaceted career, proving that his talent extended far beyond a single role. Even as a child star, Carter stood out for his professionalism and dedication, leaving a lasting impression on audiences.

Ralph Carter’s Net Worth in 2025

As of 2025, Ralph Carter’s estimated net worth is around $1.5 million. His wealth primarily stems from his acting career, music endeavors, and other business ventures. While he stepped back from the spotlight in later years, his work in the 1970s and 1980s continues to contribute to his financial standing through residuals and royalties.

Ralph Carter’s Career

Ralph Carter rose to fame as a child actor, best known for his role as Michael Evans on the hit TV show Good Times. He also had a successful music career, releasing R&B albums as a teenager. Though he left Hollywood in the 1980s, his performances remain iconic, earning him a lasting legacy in entertainment history.

Ralph Carter’s Other Ventures

Beyond acting and music, Ralph Carter explored theater and voice-over work. He later shifted focus to education and advocacy, supporting youth programs. While not as publicly active in recent years, his early ventures diversified his portfolio and contributed to his long-term financial stability.

Ralph Carter’s Assets

Ralph Carter owns real estate, including a home in New York, and has investments in stocks and bonds. His assets reflect a balanced approach to wealth management, ensuring steady growth despite his low-profile lifestyle. He also retains intellectual property rights from his entertainment work.

Ralph Carter’s Annual Income

Ralph Carter’s annual income fluctuates but is estimated at $100,000–$200,000, mainly from royalties, residuals, and investments. While not as lucrative as his peak years, his diversified income streams provide consistent earnings without relying on active work in entertainment.

Frequently Asked Questions about  Ralph Carter

What is Ralph Carter’s net worth?

Ralph Carter’s estimated net worth is around $1 million, accumulated through his acting career, music endeavors, and other ventures.

How did Ralph Carter earn his wealth?

Ralph Carter earned his wealth primarily through his acting roles, notably in the TV show “Good Times,” as well as his music career and occasional theater performances.

Is Ralph Carter still acting?

Ralph Carter stepped away from acting in the late 1980s but has made occasional appearances and remains involved in the entertainment industry in other capacities.

What was Ralph Carter’s most famous role?

Ralph Carter is best known for his role as Michael Evans in the popular 1970s sitcom “Good Times.”

Did Ralph Carter pursue a music career?

Yes, Ralph Carter released several albums as a child star, including “When You’re Young and in Love” and “Young and in Love,” which contributed to his fame and earnings.

What other TV shows or movies has Ralph Carter appeared in?

Aside from “Good Times,” Ralph Carter appeared in shows like “All My Children” and films such as “Raisin in the Sun” (1989 TV movie).

Is Ralph Carter involved in any business ventures?

There is no widely known information about Ralph Carter’s current business ventures, as he has maintained a relatively private life in recent years.

How old is Ralph Carter?

Ralph Carter was born on May 30, 1961, making him 62 years old as of 2023.

Where is Ralph Carter now?

Ralph Carter has largely stayed out of the public eye, but he is believed to be living a quiet life away from mainstream entertainment.

Did Ralph Carter win any awards for his work?

While Ralph Carter did not win major awards, he received critical acclaim for his performances, particularly in “Good Times” and his music career.