Friends star Matthew Perry‘s finances came under scrutiny following his sudden death on October 28, 2023. It has been revealed that Perry had a $1.5 million personal net worth at the time of his passing.
Contrary to some initial reports that underplayed his assets, updated financial filings indicated that his net worth was indeed nearly $500k more than previously thought. Perry’s income from the iconic show Friends contributed significantly to this fortune, reportedly earning him up to $20 million annually, long after the show’s conclusion.
Certified financial planner Charlie Douglas gave CNBC insights into what could happen. Perry could’ve listed beneficiaries for residual payments before he died.
One of the main revelations is the existence of his $120 million Alvy Singer Living Trust. Named after Woody Allen’s character in Annie Hall, this trust lists prominent beneficiaries including his parents and his ex-girlfriend Rachel Dunn. Perry and Dunn shared a close relationship between 2003 and 2005, and it’s speculated she stands to inherit a substantial part of his estate through this trust.
Perry’s will, dated back to 2009, further indicates that his family, including his father John Perry and mother Suzanne Morrison, would receive portions of his remaining personal property valued at a little over $1 million, which were also part of the Alvy Singer Living Trust.
The revelation this week highlights the thoroughness with which Perry planned his estate. The beloved actor amassed considerable wealth primarily through his work on Friends, ensuring residual earnings and royalties continue flowing to those closest to him.
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