Celebrity

Matthew Perry Net Worth

Matthew Perry developed alcohol addiction at the age of 14.

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Matthew Perry was an American actor famous worldwide for his role as Chandler Bing in the American comedy sitcom Friends. He acted in the show for ten years, from 1994 to 2004, cementing his legacy as an actor and giving him the gift of being one of the most iconic characters in the history of television.

On October 23, 2023, his spokesperson announced his death, which created shock worldwide, after which fans all around the world remembered his character and cherished some of the fun moments.

He has appeared in many other movies and TV shows, but his character in Friends was the reason for his name, fame, and net worth. In this article, we will get to know the finances that he has left for his kids and his current net worth.

Matthew Perry’s net worth, salary and earnings

Perry’s net worth is estimated to be approximately $120 million as of 2023. He has made most of his earnings and income from his acting career, which began when he was just ten years old as a child actor in the movie 240-Robert.

Before making his name in the TV industry, he was featured as a recurring cast member in the TV show Home Free as Matt Bailey, which helped him cast the role of Chandler Bing in the American comedy sitcom Friends.

Matthew Perry’s net worth (Credit: IInstagram)

When signing up for it, he never even thought how it could become one of the most-watched TV shows of all time and he would become one of the most lovable characters to his last day. Friends not only raised his fame and name but also made him financially independent.

He has revealed in his book that the Friends cast would earn $22,000 per episode in the first couple of seasons, but when Ross and Rachel became more popular than others, directors thought to raise their salaries. The two actors did not agree to the condition and instead took a pay cut so that all cast members would be paid equally.

By the end of the fifth season of the show, all of the crew members had started earning millions per episode. He recalls that he had never seen a character so famous and had never thought he would make so much money simply by doing a TV show.

The Friends was so popular that before his death, Perry would earn more than $20 million from just its residuals every year, which would now be donated to his estate after his death.

Even after the end of Friends and becoming such a celebrity, he was always in love with acting, so he appeared in many other popular TV shows like The Odd Couple, Mr. Sunshine, Go On, and Studio 60 on the Sunset Strip, for which he was given up to $1 million per episode.

Matthew Perry’s assets, expenses and investments

Perry amassed mass wealth after the success of Friends, so he was very smart with his spending, mostly on accumulating real estate and selling it for profit. He recently purchased a huge, lavish villa in the Hollywood Hills, which cost him $5 million.

In 2011, he purchased a mansion worth $11 million in Los Angeles, where he resided for over ten years before selling it for over $13 million. Before that, in 2015, he went bigger and purchased a large mansion with a ranch for over $20 million in outer New York but he also sold them for over $3 million in profit.

However, his real estate purchases were not only limited to the USA but were also in other parts of the world like England, France, Switzerland, and other countries. The best part of earning so much money is that spending is not limited to real estate, as he has proven.

He has one of the most fantastic car collections, having purchased some of the world’s most expensive and sophisticated cars. He is the proud owner of automobiles such as the Ashton Martin Vantage worth over $140,000, the BMW Z8 worth over $135,000, the Porsche Panamera, the Lincoln Navigator, and the Porsche Taycan 4S.

He has over $1 million worth of cars in his garage, which he has spent his hard-earned money to ride and collect as a memoir. Along with his assets and expenses, he has also spent on investments, mostly on his sitcom, Mr. Sunshine, in which he is a co-creator and executive producer.

Matthew Perry’s personal life, wife, and children

Matthew was born on August 19, 1969, in Williamstown, Massachusetts, USA. His father’s name was John Perry, a popular actor; her mother’s name was Suzanne Morison, who was a press secretary to the Canadian prime minister.

His biological father and mother separated when he was just one, so she married another person who became his stepfather and loved and raised him. He grew up in Ottawa, Ontario, but also spent the majority of his younger days in Toronto.

He suffered from alcohol addiction after starting to drink at the age of 14. He has often talked about how alcoholism nearly ended his life and destroyed his relationship. In terms of relationships, he was engaged to Molly Hurwitz in November 2020, but it only lasted for a year and ended in 2021.

Previously, he was dating actress Yasmine Bleeth in 1995 and, a year later, with megastar Julia Roberts, but both relationships did not last for a long time. Despite dating several women and even getting engaged, he was never married and never had any children.

Death

Perry was found lying unconscious in his hot tub on October 28, 2023. Some hours later, he was pronounced dead at the age of 54. The initial stage of the cause of his death was referred to as drowning.

The Los Angeles police did not find any foul play, and the cause of death was labeled as deferred. They have claimed the investigation is pending.

Conclusion

Perry was one of the cornerstones of comedian and actor Chandler Bing, who made a revolution with his character and was one of the reasons Friends became so successful. He amassed a substantial net worth and earnings but, most importantly, fame due to his talent and hard work.

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