How much is Kelsey Grammer worth?
|Net Worth:||$85 Million|
|Date of Birth:||February 21, 1955|
|Country:||United States of America|
About Kelsey Grammer
Grammer is best known for his two-decade-long portrayal of psychiatrist, Dr. Frasier Crane. Grammer is also known for his work in theatre, acting alongside Christopher Plummer and James Earl Jones in Othello, and Macbeth on Broadway.
Kelsey Grammer was a star in two of the biggest sitcoms of the 80s and the 90s. First he got a part in the hugely popular Cheers in 1984. He was supposed to be a character that showed up every now and then but Kelsey turned the rather pompous at times, but very human character into a special part of Cheers that the creators realized that they had to make him a regular cast member. He stayed with the show until its final season, which aired in May 1993.
The character of Fraiser was so immensely popular that a spin-off show titled Fraiser was made.
Frasier is perhaps the most successful and critically acclaimed TV series based on audience approval in television history. The spin-off show ran for 11 years. During that time, the show and Grammer himself earned plenty of awards. It set a record for the most Emmy wins in the Outstanding Comedy Series category. Modern Family would tie that record years later.
Kelsey himself also won four Emmys, which is a record.
He also starred in a few sitcoms after Fraiser ended, but nothing really stuck. The majority of his new shows were cancelled after their first season.
The only exception was the dramatic show The Boss which ran for two seasons and earned him another Emmy.
Post Frasier, Kelsey returned to the stage in Broadway and West End, and has also starred in, produced and directed various cinematic films and television movies.
It is no secret that successful and critically acclaimed actors make a lot of money. Hugely popular television actors get paid top dollar per episode. At the height of his popularity as Dr Fraiser Crane, Grammer commanded some $1.6 million per episode, eclipsed only by Charlie Sheen who was paid $1.8 million per episode for Two and a Half Man and Ray Romano who was also paid $1.8 million per episode for Everybody Loves Raymond.
While Kelsey was not paid that amount as Dr Frasier for the entire twenty years that the character lit up the television screens, his total earnings from Frasier comprises the majority of his net worth today.
Kelsey is a versatile actor who is comfortable both behind and in front of the camera. He is adept at filling roles whether on television, the movies, the stage or giving voice to animation.
When we look at the life of Kelsey Grammer, we see a consummate actor, singer, producer and director. However, his personal life has been beset by tragedies. His father was killed in a home invasion when he was in his early teens, and seven years later, his sister, Karen, was kidnapped, raped and murdered.
Some five years later, his two half brothers died in a scuba diving accident. While all these personal tragedies took their toll on him, especially his sister’s death, which led to his not finishing Julliard, Kelsey used his multifarious talent, acting, producing, directing and writing to great effect and built himself up to be one of the most recognized and successful actors in show biz.
During his Julliard years, he became friends with a few people who later worked on the successful sitcom, Cheers.
They helped him book the part of the now-iconic character Fraiser which has been crucial for his success. The character was supposed to appear in just a few episodes but ended up becoming a regular character on the show until its ending in 1993. It is rumored that the writers of Cheers kept giving Kelsey bad lines to see if he could turn them into funny ones and Kelsey succeeded every time.
Frasier became the central character in the spin-off series Frasier and Kelsey went on to play Dr Frasier Crane with such popularity and aplomb in equal parts, winning audience the world over for 11 years while it ran. In total, Kelsey Grammer played Frasier for twenty years and went on to be one of the most highly paid television actors.
Grammer’s Total Net Worth
Kelsey Grammer earned $1.6 million per episode for his role as Dr. Frasier Crane, in Frasier. What many don’t know is that Grammer has earned a huge amount elsewhere as well, not just in acting but also in producing, not to mention all of the appearances that he has made as himself. All told, it is estimated that Grammer has earned $190 million in career earnings to date.
After tax, it is estimated that Grammer’s career earnings are at around $98.8 million, having paid $91.2 million dollars (48%) in taxes. That is, considering some of his highest earning years were taxed at only 35% federally.
While Grammer’s earnings have been high, and so has his net worth, it has also jumped around a lot. Not only up from major earnings in certain years but also down, like the $30 million dollar settlement he was ordered to pay to Camille Grammer after their divorce. In total, Kelsey has been married four times and while his first two marriages were not that expensive because they were before his career majorly took off. There were still children involved and so likely all told, including child support he has paid some $8 million dollars for them, as well.
In his personal life, while times have been rough, Kelsey has kept it together. He has had to brush himself off a number of times but has always gotten back into the game and been as successful as ever. In his private investments it is estimated that he has earned some $30 million dollars. That includes his investment gains from securities but also his real estate appreciation, too.
Kelsey Grammer owns a property in Holmby Hills, California which has been estimated to be worth in the region of $25 million dollars. He also owns many more properties both in California and in New York City, as well as a previously owned a mansion in Kailua, Hawaii that he sold for $10.2 million in 2014.
Having likely spent around $5-7 million dollars in his lifetime, including personal losses. It is estimated that Kelsey Grammer today, has a net worth of about $85 million dollars.
Kelsey Grammer was one of the biggest TV stars in the world in the ’80s and the ’90s. In fact many would argue that his role as Dr Fraiser Crane has gone down as one of the most iconic roles in the history of Television. It was so popular that it spawned one of the greatest spins-off shows of all times as well The spin-off show Fraiser ran for 11 seasons and made him at the time the highest-paid actors on TV. At one point he was earning an incredible $1.6 million per episode.
Despite his very costly divorce from Camille Grammer, apparently he paid a $30 million dollar divorce settlement; nevertheless Kelsey is still incredibly wealthy and well off.
One things is for sure, Kelsey Grammer had a lot of tragedy in his life. Devastating tragedies that only a man of unique, powerful will of mind can come back from. It was his love of life, charm, and will that brought him back we feel. He recovered from all those tragedies, and many may say that in fact they helped him reach heights that not even he in his wildest dreams had likely thought possible.
Tragedy for a good person can forge them and transform them into their best version of themself.