Tim Reid: Age, : Wealth Report Net Worth 2026: Career Earnings & Assets
Updated: May 05, 2026
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Timothy Lee “Tim” Reid, born December 19, 1944, in Norfolk, Virginia, is an American actor, comedian, and director renowned for his versatile roles in television and film. With a career spanning over five decades, Reid has made significant contributions to the entertainment industry, notably through his portrayals of Venus Flytrap on “WKRP in Cincinnati” and Ray Campbell on “Sister, Sister.”
Personal Life and Relationships
Reid married Rita Ann Sykes in 1966, and they had two children: Timothy II, born in 1968, and Tori Reid, born in 1971. The couple divorced in 1980. In 1982, Reid married actress Daphne Maxwell Reid, known for her role as Aunt Viv on “The Fresh Prince of Bel-Air.” Their enduring partnership has been both personal and professional, with collaborations on various projects.
Charitable Work and Legacy
Through the Legacy Media Institute, Reid has been instrumental in mentoring aspiring filmmakers and promoting diversity in the entertainment industry. His commitment to social issues and representation has left an indelible mark on media and culture.
Notable Works and Achievements
Reid’s portrayal of Marcel “Downtown” Brown on “Simon & Simon” (1983–1987) and Ray Campbell on “Sister, Sister” (1994–1999) further solidified his status in the industry. His performance in “Frank’s Place” (1987–1988) earned him the Viewers for Quality Television Award for Best Actor in a Quality Comedy Series and an NAACP Image Award for Outstanding Lead Actor in a Comedy Series. Reid also played the adult Mike Hanlon in the 1990 miniseries adaptation of Stephen King’s “It,” demonstrating his versatility as an actor.
Early Life and Family Background
Tim Reid was born to William Lee and Augustine Reid in Norfolk, Virginia, and raised in the Crestwood area of Chesapeake. Growing up during the era of segregation, Reid faced numerous challenges that shaped his perspective and future endeavors. He attended Norfolk State College, where he earned a Bachelor of Business Administration degree in 1968. During his time at Norfolk State, Reid became a member of the Alpha Phi Alpha fraternity, which played a pivotal role in his personal development.
Current Relevance and Recent Updates
As of 2024, Tim Reid remains active in the entertainment industry, focusing on directing and producing projects that highlight African American culture and stories. He founded the Legacy Media Institute, a non-profit organization dedicated to connecting industry professionals with aspiring filmmakers. Reid continues to mentor young talent and advocates for diversity and representation in media.
Net Worth and Lifestyle
Tim Reid’s estimated net worth is $3 million, accumulated through his extensive work in acting, directing, and producing. In 1997, he and his wife Daphne established New Millennium Studios in Petersburg, Virginia, one of the largest independent film studios outside Hollywood and the first Black-owned studio since the 1930s. The studio was instrumental in producing numerous films and television shows before being sold in 2015.
Career Beginnings and Key Milestones
After graduating, Reid worked for DuPont Corporation but soon discovered his passion for entertainment. In 1968, he partnered with Tom Dreesen to form “Tim and Tom,” the first interracial comedy duo in the United States. Their groundbreaking act addressed racial issues through humor, paving the way for Reid’s entry into television. He began his TV career on “The Richard Pryor Show” and gained widespread recognition as DJ Venus Flytrap on “WKRP in Cincinnati” (1978–1982). This role showcased his comedic talent and established him as a household name.
- Full Name: Timothy Lee Reid
- Date of Birth: December 19, 1944
- Place of Birth: Norfolk, Virginia, USA
- Nationality: American
- Education: Bachelor of Business Administration, Norfolk State College (1968)
- Notable Works: “WKRP in Cincinnati,” “Simon & Simon,” “Sister, Sister,” “Frank’s Place”
- Spouse: Daphne Maxwell Reid (m. 1982)
- Children: Timothy II (b. 1968), Tori Reid (b. 1971)
- EstimatedNet Worth: $3 million
Future Plans and Impact on Culture
Tim Reid continues to develop projects that focus on African American narratives and aims to foster a new generation of diverse storytellers. His influence extends beyond acting, as he actively shapes the cultural landscape through his dedication to authentic representation in media.
Disclaimer: Tim Reid: Age, wealth data updated April 2026.