Ever wondered how some of Hollywood’s most iconic actors built their wealth?
Teri Garr, known for her legendary performances in Young Frankenstein and Tootsie, had a fascinating financial journey.
From starring in hit films to managing her earnings amid health challenges, her story is both inspiring and insightful.
In this article, Ando breaks down how she made her money, her highest-paying roles, and how her financial situation evolved over the years.
Keep reading to get the full picture of Teri Garr’s finances.
Teri Garr Quick Facts
| FACT | DETAIL |
|---|---|
| Real Name | Terry Ann Garr |
| Popular Name | Teri Garr |
| Birth Date | December 11, 1944 |
| Age (at death) | 79 years (October 29, 2024) |
| Birthplace | Los Angeles, California, USA |
| Nationality | American |
| Ethnicity | Irish (paternal), Austrian (maternal grandparents) |
| Education | North Hollywood High School, San Fernando Valley State College, Lee Strasberg Theatre and Film Institute |
| Marital Status | Divorced |
| Spouse | John O’Neil (m. 1993, div. 1996) |
| Children | Molly O’Neil (adopted) |
| Dating | Previously dated Roger Birnbaum, David Kipper |
| Siblings | Ed Garr, Phil Garr |
| Parents | Eddie Garr (father), Phyllis Lind Garr (mother) |
| Height | 1.70 m |
| Net Worth | $6 million |
| Source of Wealth | Acting, Voice Acting, Television, Real Estate |
What is the Net Worth of Teri Garr in 2025?
At the time of her passing in October 2024, Teri Garr’s net worth was estimated at $6 million. She built her fortune through a career spanning over four decades, starring in blockbuster films, TV series, and even voice acting roles. Compared to some of her contemporaries, Garr’s wealth was moderate, yet substantial enough to sustain her lifestyle even after retiring in 2011.
Her earnings came from starring alongside Hollywood greats such as Dustin Hoffman and Michael Keaton. While she didn’t amass wealth on the level of A-list stars like Steven Spielberg or Mel Brooks, her financial management and real estate investments kept her finances stable.
Related People:
- Dustin Hoffman
- Mel Brooks
- Steven Spielberg
- Michael Keaton
- Richard Dreyfuss
- Francis Ford Coppola
- Lisa Kudrow
- Jamie Lee Curtis
- David Letterman
- John O’Neil
For more insights on Hollywood’s richest celebrities, check out this list.
Teri Garr Wealth, Salary, and Financial Overview
How Did She Earn Her Wealth?
Teri Garr’s career began as a dancer in Elvis Presley films, but her breakthrough came with Young Frankenstein in 1974. Her ability to balance comedy and drama made her a sought-after actress in Hollywood.
She earned millions from roles in:
- Close Encounters of the Third Kind (1977)
- Tootsie (1982)
- Mr. Mom (1983)
- Dumb and Dumber (1994)
Beyond acting, she hosted Saturday Night Live three times and was a frequent guest on The Tonight Show Starring Johnny Carson. She also voiced characters in animated shows like Batman Beyond.
What Were Her Highest-Paying Roles?
While exact salaries for her films remain undisclosed, some of her most commercially successful movies include:
- Tootsie (Grossed $177 million worldwide)
- Close Encounters of the Third Kind ($306 million)
- Dumb and Dumber ($247 million)
Her supporting role in Tootsie even earned her an Academy Award nomination, adding to her credibility and earning potential.
How Much Did She Earn from Film and Television?
At the height of her career in the 1980s, Teri Garr was earning a comfortable salary from both film and television.
- Television: She had recurring roles in Friends and McCloud, which contributed steady income.
- Movies: She starred in high-grossing films, ensuring a solid income stream.
- Voice Work: Batman Beyond and other animated projects added another revenue stream.
What Were Her Biggest Financial Investments?
One of her most notable investments was her real estate purchase in Brentwood, Los Angeles.
- 1992: Bought a 1,658-square-foot home for $1.455 million.
- 2008: Sold it for $3.944 million, making a considerable profit.
She also earned money from:
- Her book, Speedbumps: Flooring It Through Hollywood
- Endorsements and guest appearances on TV shows
How Did She Manage Her Finances?
Teri Garr was known for financial prudence, especially after her multiple sclerosis diagnosis in 1999.
- She prioritized long-term savings and investments over lavish spending.
- Her healthcare expenses were significant, but she managed them through proper financial planning.
- Unlike some actors who face financial ruin, she avoided major financial pitfalls.
How Did Her Wealth Change Over Time?
Her earnings peaked in the 1980s and 1990s, thanks to her consistent roles in Hollywood.
- Early Career (1960s-70s): Modest earnings from dance and minor TV roles.
- Peak Career (1980s-90s): Million-dollar film deals and steady TV income.
- Post-Retirement (2011-2024): Stable finances, but medical costs impacted her wealth.
What Is Her Financial Legacy?
Teri Garr was not only a Hollywood star but also a philanthropist. She supported:
- National Multiple Sclerosis Society
- The Trevor Project (LGBTQ+ support)
Her careful financial planning ensured that her family and estate remained secure after her passing.
Conclusion
Teri Garr’s financial journey reflects both success and resilience.
From blockbuster films to smart investments, she maintained financial stability despite health challenges.
Her legacy in Hollywood and philanthropy will continue to inspire many.
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