Matthew Perry, the beloved actor who played Chandler Bing on the hit sitcom Friends, passed away in 2023 at the age of 53. He left behind a legacy of laughter and love, as well as a staggering net worth of $120 million.
Perry's wealth came from a variety of sources, including his salary from Friends, his work as an executive producer and screenwriter, and his investments in real estate and other businesses. However, the bulk of his net worth can be attributed to the enduring popularity of Friends.
Friends' Success and Perry's Salary
Friends premiered in 1994 and quickly became one of the most popular sitcoms on television. The show ran for 10 seasons and won numerous awards, including six Primetime Emmy Awards for Outstanding Comedy Series.
Perry and his castmates were paid relatively modest salaries in the early seasons of Friends, but their salaries increased dramatically as the show became more popular. By the final season of Friends, Perry was earning $1 million per episode.
Friends Syndication and Perry's Residuals
After Friends ended its run in 2004, the show entered syndication. This means that it began airing on other networks and streaming services, such as Netflix and HBO Max.
Perry and his castmates continue to earn millions of dollars each year in residuals from the syndication of Friends. In 2021, it was reported that Perry earned $10 million from Friends residuals alone.
Executive Producer and Screenwriter Credits
Perry also worked as an executive producer and screenwriter on several other television shows, including Studio 60 on the Sunset Strip, Mr. Sunshine, and The Odd Couple.
In 2017, Perry published a memoir titled Friends, Lovers, and the Big Terrible Thing. The book was a commercial success and helped to further increase Perry's net worth.
Investments in Real Estate and Other Businesses
Perry invested heavily in real estate and other businesses throughout his career. He owned several homes in Los Angeles and New York City, as well as a production company and a restaurant.
In 2022, Perry sold his Los Angeles penthouse for $35 million. The sale was one of the highest-priced real estate transactions in Los Angeles that year.
Philanthropy
Perry was a generous philanthropist who donated millions of dollars to various charities throughout his career. He was a vocal advocate for people with addiction and mental health disorders.
In 2013, Perry launched the Matthew Perry Foundation, a non-profit organization that provides support and resources to people with addiction and mental health disorders.
Legacy
Matthew Perry was a talented actor and comedian who brought joy to millions of people around the world. He was also a generous philanthropist who made a significant difference in the lives of others.
Perry's net worth is a testament to his success in the entertainment industry. However, his legacy is much more than just his money. He will be remembered for his kindness, his sense of humor, and his commitment to helping others.
Conclusion
Matthew Perry's net worth is estimated to be $120 million. The bulk of his wealth came from his salary from Friends, his work as an executive producer and screenwriter, and his investments in real estate and other businesses.
Perry was also a generous philanthropist who donated millions of dollars to various charities throughout his career. He was a vocal advocate for people with addiction and mental health disorders.
Perry's legacy is much more than just his money. He will be remembered for his kindness, his sense of humor, and his commitment to helping others.
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