From Sitcom Star to Serious Allegations: Danny Masterson’s Downfall
Danny Masterson, best known for his role as Steven Hyde on the hit sitcom “That ’70s Show,” has been making headlines recently, but not for his acting. In a stunning turn of events, Masterson was found guilty of rape and sentenced to 30 years to life in prison. This conviction has sent shockwaves through the entertainment industry and raised questions about the actor’s once-considerable wealth.
As of 2023, Masterson’s net worth is estimated to be around $8 million. While this might seem substantial, it represents a significant decline from the peak of his career. Let’s explore the factors contributing to his financial standing and the potential impact of his legal troubles.
Interested in knowing how much your favorite “That ’70s Show” star has accumulated over the years? Read more about Danny Masterson’s net worth.
The Price of Fame: Masterson’s “That ’70s Show” Earnings
A significant portion of Masterson’s wealth stemmed from his role on “That ’70s Show,” which aired from 1998 to 2006. At the height of the show’s popularity, Masterson was reportedly earning $100,000 per episode, a testament to the sitcom’s massive success and his integral role in the cast. These earnings, combined with syndication royalties, likely provided a substantial financial cushion.
Some estimates suggest that top earners on the show, such as Ashton Kutcher and Topher Grace, may have commanded salaries as high as $250,000 to $300,000 per episode during the later seasons. While Masterson’s exact salary remains undisclosed, it’s plausible that his earnings fell within a similar range, given his prominent role in the ensemble cast.
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Beyond the Small Screen: Masterson’s Other Ventures
In addition to his acting career, Masterson explored other avenues for income generation. He dabbled in DJing, performing at various venues and events. While the financial gains from these gigs remain unclear, it’s unlikely that DJing ever replaced the substantial income he received from “That ’70s Show.”
It’s important to note that estimating someone’s net worth with absolute certainty is challenging. Public figures often have diverse investment portfolios, real estate holdings, and other assets that are not publicly disclosed. Therefore, the estimated $8 million figure represents an educated guess based on available information.
Legal Troubles and Financial Fallout
Masterson’s recent legal troubles have undoubtedly cast a shadow on his future earning potential. In 2017, he was fired from the Netflix series “The Ranch” following multiple sexual assault allegations against him. This marked a significant blow to his career and income stream.
The subsequent trial and guilty verdict on two counts of rape have further exacerbated his financial situation. Legal experts suggest that his 30-year prison sentence will severely limit his ability to earn income and could lead to substantial legal fees associated with potential appeals.
A Looming Divorce and Uncertain Future
Adding another layer of complexity to his financial standing, Masterson’s wife, actress and model Bijou Phillips, filed for divorce in 2023. This decision, coming on the heels of his sentencing, suggests a desire to separate their financial affairs and navigate the future independently.
The divorce proceedings will likely involve the division of assets, which could further impact Masterson’s net worth. Phillips herself possesses an estimated net worth of $8 million, bringing their combined wealth to $16 million. How this will be divided remains unclear, as divorce settlements are often influenced by a multitude of factors, including the length of the marriage, each party’s contributions to the marital assets, and the circumstances surrounding the separation.
The Human Cost of Fame and Accountability
Danny Masterson’s story serves as a stark reminder that fame and fortune do not shield individuals from the consequences of their actions. His conviction for rape has tarnished his legacy and left his financial future uncertain. While his estimated net worth might seem substantial on paper, the true cost of his actions extends far beyond monetary value.
