Ellery Quinn • Thu Nov 21 2024
Danny Masterson Net Worth: Career and Financial Overview
Danny Masterson has long been a prominent figure in Hollywood. From his iconic role in That '70s Show to his ventures as a DJ and real estate investor, he has built a diverse career.
In this article, we will delve deep into Danny Masterson net worth, career, finances, and personal life, giving you a comprehensive view of his journey.
Quick Facts
FACT | DETAIL |
---|---|
Real Name | Daniel Peter Masterson |
Popular Name | Danny Masterson |
Net Worth | $8 million |
Salary | N/A |
Birth Date | March 13, 1976 |
Birthplace | Long Island, New York |
Gender | Male |
Height | 1.78 m |
Parents | Carol Masterson, Peter Masterson |
Siblings | Christopher, Jordan, Alanna, Will |
Marital Status | Divorced |
Wife/Spouse | Bijou Phillips (2011–2023) |
Partner | N/A |
Children | 1 daughter |
Education | Garden City High School |
Profession | Actor, DJ |
Nationality | American |
What is Danny Masterson Net Worth?
Danny Masterson net worth is estimated at $8 million. This wealth was primarily accumulated through his acting career, real estate ventures, and side gigs as a DJ. Here’s how his financial status compares to others in the industry:
Ashton Kutcher: $200 million
Wilmer Valderrama: $20 million
Laura Prepon: $12 million
Mila Kunis: $75 million
While Danny Masterson net worth is modest compared to some of his peers, his real estate investments and diversified career have significantly contributed to his financial standing.
Danny Masterson Early Years
Danny Masterson was born on Long Island, New York, on March 13, 1976. He grew up in a family where creativity and performance were highly encouraged.
As a child, he started modeling at the age of four, appearing in magazine spreads and commercials. By the time he was eight, he was also participating in musicals, showcasing his early talent.
His teenage years saw a shift in focus as his singing voice changed, but this didn’t deter him. Instead, he took on roles in over 100 commercials for major brands like Kellogg's, Tang, and Clearasil. These early ventures not only provided financial support but also honed his skills as a performer, setting the stage for a successful acting career.
Danny Masterson Career Highlights
Danny Masterson’s breakthrough came with his role as Steven Hyde in That '70s Show. This role not only catapulted him to fame but also established him as a household name. His portrayal of the sarcastic yet lovable character made him a fan favorite and contributed significantly to his wealth.
Beyond this iconic role, he appeared in other successful projects, including Men at Work and The Ranch. His film credits include Beethoven’s 2nd, Yes Man, and The Bridge to Nowhere.
However, his career has not been without controversy. Allegations of sexual assault surfaced in recent years, leading to his conviction in 2023. These legal issues have impacted his reputation and future opportunities in the industry.
Danny Masterson Finance Overview
Ventures Beyond Acting
Danny Masterson ventured into real estate, an area where he demonstrated significant acumen. In 1998, after securing his role in That '70s Show, he purchased a home on Holly Mont Drive in Los Angeles for $560,000. By 2007, he had listed the property for $1.595 million, turning a notable profit.
He expanded his portfolio to include multiple apartments and small buildings in Los Angeles. In 2007, he purchased a 4,323-square-foot home in Hollywood Hills for $2.995 million, which he later sold in 2021 for $6.2 million, showcasing his ability to generate wealth through strategic real estate investments.
Additionally, he owned a bar and lounge in Park City, Utah, which became a hub for entertainment and added another layer to his income streams.
Personal Relationships and Networks
Masterson’s marriage to Bijou Phillips not only brought personal happiness but also intertwined their financial lives. The couple shared assets, including real estate properties. Phillips, an actress and singer, also contributed to their combined net worth.
His connection to the Church of Scientology played a significant role in his personal and professional network. The church's support, alongside the affiliations it provided within Hollywood, likely influenced his career trajectory. However, his association with Scientology became a double-edged sword during his legal battles.
Legal Issues
The legal challenges stemming from allegations of sexual assault in 2017 led to Masterson’s dismissal from The Ranch and the severing of ties with his talent agency, United Talent Agency. These events had a profound impact on his earning potential and public image.
The subsequent trials and lawsuits also incurred significant legal expenses, draining a portion of his wealth. Furthermore, allegations of harassment and stalking by Scientology members—related to his legal issues—added another layer of financial and reputational strain.
Residual Income and Royalties
Despite the setbacks, Danny Masterson continues to earn residual income from his past work. Syndication of That '70s Show and other projects provides a consistent, though likely reduced, stream of revenue.
However, given his conviction and ongoing controversies, future opportunities to capitalize on his career appear limited.
Real Estate
Masterson’s real estate ventures highlight his ability to invest wisely. His properties, often sold for substantial profits, were pivotal in maintaining his wealth during turbulent times. For instance:
Hollywood Hills Home (2007): Purchased for $2.995 million, sold for $6.2 million in 2021.
Holly Mont Drive Residence (1998): Purchased for $560,000, listed for $1.595 million in 2007.
These investments not only increased his net worth but also served as collateral during legal battles, such as the $3.3 million bond he posted in 2020.
Danny Masterson Personal Life
Danny Masterson’s personal life has been a mix of highs and lows. He married actress Bijou Phillips in 2011, and the couple welcomed a daughter in 2014. However, their marriage ended in 2023, following his legal troubles.
He has maintained strong ties with his siblings, including Christopher Masterson, also an actor. Despite the controversies surrounding him, his life has been marked by close relationships and the occasional strain caused by public scrutiny.
Follow Danny's social media to update the latest information:
Twitter: https://x.com/dannymasterson
FAQs about Danny Masterson
What are his most notable acting roles?
Danny Masterson is best known for his role as Steven Hyde in That '70s Show and Jameson Rooster Bennett in The Ranch.
Did he have any other professions outside of acting?
Yes, he worked as a DJ under the alias DJ Mom Jeans and owned a bar in Utah.
How did his legal issues affect his career?
Danny Masterson's conviction led to the loss of acting roles and partnerships, significantly impacting his income and public image.
Was he involved in any philanthropic activities?
There are no significant public records of major philanthropy associated with him.
What was his connection to Scientology?
He is a long-time member of the Church of Scientology, which has been linked to controversies surrounding his personal and legal life.
Conclusion
Danny Masterson net worth and career have been filled with triumphs and tribulations. From his early success in acting to his financial ventures, his journey offers a complex portrait of fame and its consequences.
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Ellery Quinn / Author
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