Eric McCormack has captivated audiences for decades with his charming role as Will Truman on Will & Grace. With the show’s revival in 2017, fans were thrilled to see the cast back together, and McCormack’s financial success continued to grow.
But how much has he earned throughout his career, and what does his financial portfolio look like in 2025?
This article breaks down Eric McCormack net worth, salary, and overall financial status. From his early days in acting to his recent ventures, find out how McCormack’s wealth stacks up against other prominent actors.
Eric McCormack Quick Facts
FACT | DETAIL |
---|---|
Real Name | Eric James McCormack |
Popular Name | Eric McCormack |
Birth Date | April 18, 1963 |
Age | 60 (as of March 8, 2025) |
Birthplace | Toronto, Ontario, Canada |
Nationality | Canadian-American |
Ethnicity | Scottish descent |
Education | Ryerson University (Theatre) |
Marital Status | Married |
Spouse | Janet Holden (m. 1997) |
Children | Finnigan Holden McCormack |
Dating | Married to Janet Holden |
Siblings | 2 (Eric is the oldest) |
Parents | Father: Financial Analyst, Mother: Homemaker |
Height | 1.8 m |
Net Worth | $20 million |
Source of Wealth | Acting, TV, Film, Theater |
What is the Net Worth of Eric McCormack in 2025?
As of 2025, Eric McCormack’s net worth is estimated at $20 million. This wealth primarily stems from his role as Will Truman on the hit show Will & Grace. Throughout the years, his salary per episode saw a substantial increase, peaking at $250,000 per episode during the show’s height.
In addition to acting, McCormack’s career includes producing and singing, contributing to his growing financial portfolio. His income also extends from various guest appearances and voice acting work.
Here are some related figures from McCormack’s circle:
- Debra Messing
- Sean Hayes
- Megan Mullally
- Will & Grace
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Eric McCormack Wealth, Salary and Financial Overview
Salary and Earnings Breakdown
McCormack’s salary trajectory over the years reveals the true extent of his financial success. From his early career roles in Holy Man (1998) and Free Enterprise (1998), McCormack’s rise to prominence began with the landmark success of Will & Grace.
His salary for the series started at a modest amount, but as the show grew in popularity, so did his paycheck. By the time Will & Grace was in its prime, McCormack was earning $250,000 per episode. His salary remained lucrative through the show’s revival, where it remained competitive with other A-list actors.
Despite Will & Grace being his most recognized role, McCormack has made savvy financial moves, branching out into producing and voice acting. These ventures have kept his income stable even as TV roles became less frequent.
How Eric McCormack Built His Wealth in Hollywood
Eric McCormack’s financial journey began with his breakout role in Will & Grace, but it didn’t stop there. His involvement in television series like Travellers and Perception helped solidify his wealth, while stage performances in Broadway also contributed to his financial success. McCormack is not just an actor but also a producer and singer, broadening his revenue streams.
Early in his career, McCormack made significant investments in his acting craft. This commitment paid off as he moved into roles in films and TV shows, with his financial stability coming from both regular acting roles and high-profile guest appearances. McCormack’s decision to diversify his career early on laid the groundwork for his long-term success in the entertainment industry.
Career Milestones and Impact
Throughout his career, McCormack has achieved significant milestones. His portrayal of Will Truman earned him an Emmy Award in 2001, cementing his position as one of the industry’s most respected actors. Beyond awards, McCormack’s role in Will & Grace challenged norms and helped redefine the representation of LGBTQ+ characters in mainstream media.
The impact of McCormack’s career extends beyond his own wealth. His success contributed to the success of the show, making it one of the most beloved sitcoms in television history. This success has also translated into ongoing financial success in the years following the show’s original run, thanks to syndication deals, streaming revenues, and merchandise.
Financial Ventures Outside of Acting
Though McCormack is best known for his acting, he has pursued multiple avenues outside of acting to grow his wealth. He has made strategic investments in real estate and has also worked on producing several TV shows. His interests in theater and voice acting add another layer to his financial success.
McCormack’s financial decisions have not been confined to just Hollywood. He has made significant moves in the real estate market, owning properties in California, which likely appreciate in value as he maintains a strong presence in Hollywood.
Personal Life and How It Affected Eric McCormack’s Financial Decisions
McCormack’s personal life, particularly his marriage to Janet Holden, played a role in his financial decisions. While their marriage ended in divorce in 2023, their financial partnership was significant. Their shared financial endeavors included investments in real estate and various charity projects.
McCormack has also been a supporter of multiple charities, including the Multiple Myeloma Research Foundation, which aligns with his personal values.
Despite personal setbacks, McCormack’s financial decisions appear to remain solid, as he continues to maintain a strong career presence and multiple income streams.
Charitable Contributions and Advocacy
Beyond his financial success, McCormack is passionate about giving back. He has supported causes related to cancer research, particularly after the loss of his parents to cancer. His advocacy for the Multiple Myeloma Research Foundation and Project Angel Food is well-documented.
McCormack’s commitment to these causes speaks to his broader outlook on life and wealth, recognizing that financial success should also come with the responsibility to help others.
Real Estate Portfolio and Financial Investments
McCormack has made a number of savvy real estate investments, including his home in Toluca Lake, LA, which he bought for $1 million in 1999. The value of the property has likely appreciated, adding another asset to his financial portfolio. He is also known to own properties in Vancouver, further diversifying his assets.
McCormack’s investments in real estate seem to be part of a strategy to safeguard his wealth for the future. Given the value of his current property holdings, his wealth will likely continue to grow as the real estate market fluctuates.
Conclusion
Eric McCormack has built a successful career and financial portfolio over the years, starting with his iconic role in Will & Grace and expanding into various ventures. His wealth, largely from acting and smart investments, positions him as one of the top earners in Hollywood. For more on celebrity finances and wealth, check out more articles on andomoney.com.