Matthew Perry's huge net worth revealed
As the world mourns the loss of one of its beloved Friends stars, Matthew Perry, whose iconic portrayal of Chandler Bing left an indelible mark on fans worldwide, it's important to remember the legacy he leaves behind – a legacy encompassing not only his role in Friends but also his achievements in film, television, literature, real estate and more.
While his presence will be missed, his work will continue to inspire and entertain fans for generations to come. Let's take a look at the legacy he leaves behind.
The Friends Phenomenon
Matthew Perry's fame skyrocketed when he became Chandler Bing on the hit sitcom in 1995. Initially earning US$35,000 per episode, Perry and his five co-stars (Jennifer Aniston, Courtney Cox, Lisa Kudrow, David Schwimmer and Matt Le Blanc) rewrote history in 2002 when they negotiated a groundbreaking deal to earn US$1 million per episode during the show's final season. Each season consisted of 23 episodes, meaning that Perry made well over US$20 million for just one season. Over the course of the show's ten successful seasons, each cast member earned a staggering $141 million.
To add to his wealth, Friends continues to be one of the most popular streaming series globally, guaranteeing the stars royalties of approximately $16 to $31 million annually. Even Warner Bros., the show's producer, reaps substantial profits, with an estimated $1.5 billion yearly from reruns.
The 2021 Friends reunion special on HBO Max further contributed to Perry's financial success, with each principal cast member receiving $3.9 million.
Film and Television
Matthew Perry's talents extended beyond the realm of Friends. He starred in various film and television projects, including The Whole Nine Yards alongside Bruce Willis, Aaron Sorkin's Studio 60 on the Sunset Strip alongside West Wing alum Bradley Whitford, 17 Again, and The Odd Couple, where he also served as an executive producer.
In his memoir, Perry disclosed that he negotiated his Studio 60 on the Sunset Strip salary from an initial offer of $79,000 per episode to $275,000 per episode. In the romantic comedy Fools Rush In (1997), he earned $1.57 million.
Memoir
Perry's memoir, titled Friends, Lovers, and the Big Terrible Thing: A Memoir, was released in November 2022. Despite a minor hiccup involving actor Keanu Reeves, where he questioned why Reeves was still alive while others like River Phoenix and Heath Ledger had tragically passed, Perry's memoir received a warm reception. Perry swiftly apologised for the comment and promised to remove all mention of Reeves from future editions.
It's rumoured that Perry secured a "seven-figure" book deal for the candid memoir, which is bound to generate significant earnings through book sales.
Real Estate Ventures
Perry also dabbled in real estate throughout his life. In 2011, he purchased a $17 million beachfront home in Malibu, later listing it for $23 million in 2020. Ultimately, the property sold in 2021 for $20 million.
In 2015, Perry sold another Malibu home for $17 million. In 2017, he acquired a luxurious 40th-floor condo in Century City for $30 million. Two years later, he listed the condo for $46.4 million but eventually sold it in 2021 for $28.3 million, 38% less than the initial asking price.
One of his most recent acquisitions was a $7.8 million Hollywood Hills home, purchased in June 2021. In 2020, Perry bought his Pacific Palisades residence, where he resided until his passing. This midcentury modern ranch-style home boasted four bedrooms, 3.5 bathrooms, a fire pit and a raised pool overlooking the ocean.
Car Collection
Apart from his real estate ventures, Perry was known for his impressive car collection. It included various luxury vehicles, such as a Lincoln Navigator, a BMW 6 Series Convertible, a BMW 7 Series sedan, a Porsche Panamera, and a Porsche 911 Carrera Convertible. He also owned a BMW Z8, an Aston Martin Vantage Convertible, a Porsche Taycan 4S, and an Audi R8 Spyder, each valued between $300,000 and $500,000.
Perry's enduring legacy spans far beyond the confines of the Friends universe. His multifaceted career, literary contributions, and real estate ventures have solidified his status as an entertainment icon. While his presence will be missed, his work will continue to inspire and entertain fans for generations to come.
Image: NBC