Will Ferrell's salary for playing the role of Buddy the Elf in the 2003 movie Elf is estimated to be around $5 million. Additionally, he reportedly received 5% of the film's gross revenue as a profit participation. As of 2023, the movie Elf has made over $220 million at the global box office and is considered one of the highest-grossing Christmas films of all time. Therefore, Will Ferrell's overall earnings from the movie Elf are estimated to be over $10 million.