Eric McCormack, best known for his iconic role as Will Truman in Will & Grace, has enjoyed a successful career spanning television, film, and theater.
But what is his net worth in 2025, and how did he amass his wealth?
In this article, we’ll delve into his earnings, salary from his notable roles, and the financial strategies that have helped him build a substantial fortune.
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 estimated net worth is $20 million. He accumulated this wealth over decades through his prominent role in Will & Grace and his continued success in other TV shows like Travellers.
McCormack’s earnings from his iconic role as Will Truman alone would have brought in substantial sums, including his salary of $250,000 per episode during the show’s peak years.
While Eric McCormack’s net worth is relatively modest compared to some Hollywood stars, he continues to enjoy a comfortable financial standing.
His long career in acting, film, and theater has allowed him to build a solid financial portfolio, which includes both salary earnings and investment opportunities.
Other celebrities with comparable net worths include:
- Debra Messing
- Sean Hayes
- Tina Fey
- Matthew Perry
- David Schwimmer
For a deeper dive into the wealth of top actors, check out our celebrity wealth rankings.
Eric McCormack’s Wealth, Salary, and Financial Overview
How Much Does Eric McCormack Earn Per Year?
Eric McCormack’s earnings primarily come from his long-standing career in television. His role as Will Truman in Will & Grace played a pivotal role in boosting his salary. At the height of the show’s popularity, McCormack earned approximately $250,000 per episode. Across an entire season, this would amount to around $6 million, depending on the season’s length.
Additionally, McCormack also earned royalties from the series, which has continued to generate revenue through reruns and streaming platforms. This means that even after the original airing of Will & Grace, McCormack’s financial income still benefits from its massive success.
What Is His Career Earnings From TV Shows and Movies?
Throughout his career, Eric McCormack has worked in several television series, films, and theater productions, earning both fixed salaries and performance-based payments. While Will & Grace remains his most lucrative role, McCormack also enjoyed a steady income from other projects, such as:
- Travellers (2016–2018) – A popular Canadian sci-fi series where McCormack starred in the lead role, earning substantial payments for his work.
- Perception (2012–2015) – McCormack starred as Dr. Daniel Pierce in this TV show, which also contributed significantly to his financial standing.
- Movies like Holy Man and My One and Only – While these films did not generate massive financial returns, McCormack still earned a fair amount from his film appearances.
How Did Eric McCormack Build His Wealth Over Time?
Eric McCormack’s wealth didn’t come overnight. His journey to financial success began in the late 1990s with Will & Grace. As his career continued, McCormack sought out a mix of television, film, and theatrical roles that paid well and further expanded his professional portfolio.
In addition to acting, McCormack made smart financial decisions, which include:
- Real estate investments: Purchasing properties that have increased in value over time. His residence in Toluca Lake, Los Angeles, has appreciated considerably since its purchase in 1999.
- Theater involvement: McCormack also performed in Broadway productions, such as The Music Man, which likely brought in substantial earnings.
What Are His Real Estate Investments?
Real estate has been another important aspect of Eric McCormack’s wealth. In 1999, he and his wife, Janet Holden, bought a home in Toluca Lake, a prestigious area in Los Angeles, for under $1 million. Today, that property is worth over $4 million. McCormack’s strategic investment in real estate has likely enhanced his overall wealth, along with the rising property market in California.
What Other Sources of Income Contribute to His Wealth?
McCormack’s financial strategy isn’t limited to acting. He has diversified his income sources over the years, including:
- Endorsements and commercials: Like many actors, McCormack likely earns from endorsements and brand collaborations, although specific details about these deals remain private.
- Charity and public speaking: McCormack supports various causes and participates in events that raise awareness for different organizations, which could also be lucrative.
How Does Eric McCormack Manage His Personal Finance and Wealth?
While not much is publicly known about Eric McCormack’s personal financial management, it’s clear that he has been prudent with his wealth. His dual citizenship between Canada and the U.S. may help him optimize his tax situation.
McCormack is also likely to have consulted with financial experts to ensure his wealth is growing through smart investments, such as in stocks, real estate, and possibly savings accounts or retirement funds.
What Impact Has His Career Had on His Net Worth?
McCormack’s career has been instrumental in his net worth. His work on Will & Grace gave him mainstream recognition and allowed him to earn significant income. The show also gave him access to other acting opportunities, broadening his financial portfolio. While his other roles have not earned as much, they still contribute to his overall wealth.
His Philanthropic Contributions and Its Influence on His Wealth
Eric McCormack is actively involved in charity work, particularly with organizations such as the Multiple Myeloma Research Foundation and Project Angel Food.
His philanthropic activities demonstrate a deep commitment to social causes, which not only help those in need but also enhance his public image and provide him with additional opportunities, both financially and personally.
What Are His Future Career Plans and How Will They Affect His Wealth?
Looking ahead, McCormack’s career remains promising. With future projects lined up, including television appearances and possible film roles, McCormack’s wealth is likely to grow. Additionally, reboots of Will & Grace or guest roles in new popular shows could result in further earnings.
His involvement in public speaking and directorial roles may open new revenue streams as well.
Conclusion
Eric McCormack’s career has not only made him a household name but also contributed to his growing wealth. From his iconic role in Will & Grace to his savvy real estate investments, McCormack’s financial success serves as a great example for aspiring actors.
For more content on celebrity finances, feel free to explore more articles on aupeo.com.
