Ted McGinley is an American actor who has graced our screens for the past four decades. The actor has had a great acting career- he has appeared in many television shows and films. Through his acting career, transcending over four decades, Ted McGinley has managed to grow his fortune tremendously. In this article, we unveil the actor’s fortune and how it has grown over the years.
Early Life
Ted McGinley was born Theodore Martin McGinley in 1958 in Newport Beach. He was quite industrious when he was young. Ted participated in various co-curricular activities in high school; he did well in water polo. During summer, Ted took up various jobs; he worked as a lifeguard, ensuring his financial success from a young age.
While in college, Ted participated in water polo and he was later appointed the team’s captain. He was also encouraged to join modeling by his girlfriend, which he did. Years later, Ted used modeling as the leeway to acting and now is one of the most iconic actors in the American acting industry.
Career
After venturing into the modeling industry, Ted decided to move to New York for better opportunities. On his arrival in New York, Ted McGinley appeared in various magazines, including GQ magazine. One day, he was spotted by a casting director who encouraged him to audition for a role in the television show Happy Days. Following the audition, Ted landed the role of Roger Philips, a role he played for most of the early 1980s.
After his role as Roger Philips in Happy Days, Ted landed another role in the film franchise Revenge of the Nerds. The film had a budget of 7 million dollars, but it grossed over 60 million, making a profit of 53 million. Given how successful the film was, Ted McGinley was well compensated for his role in the movie.
Over the years, Ted has appeared in several shows and films, and he has been well-paid for his various appearances. Though his popularity in the acting industry has decreased a little bit, Ted McGinley has already made a fortune for himself.
How Much is Ted McGinley Worth
Ted McGinley has a net worth of 8 million dollars. The former “Happy Days” actor made most of his fortune through his acting career. Besides acting career, Ted made various real estate investments and decisions that contributed to his overall financial standing.
Real Estate
Ted McGinley did not stop at acting. After making some money from his early acting career, he bought an 1800-square-foot property on Balboa Island. He lived there for a while before renting it out for 5,000 dollars a month. The property has appreciated over the years, and it is currently valued at 4 million dollars.
Ted also bought another property in Indian Wells for 47,000 dollars. It is his current residence, and it is valued at 600,000 dollars.
Wrapping It Up
In conclusion, Ted McGinley’s net worth of 8 million dollars is a reflection of his hard work, zeal, and determination to ensure financial freedom. He was able to transition from a model to not only an actor but a successful one.