Eric McCormack has captivated audiences for years with his charming portrayal of Will Truman on Will & Grace.
But beyond the screen, how much has McCormack earned throughout his career?
In this article, we’ll dive deep into his net worth, career milestones, and salary, offering a complete look at the financial success of the beloved actor.
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?
Eric McCormack’s net worth in 2025 is estimated to be around $20 million. His wealth has primarily been built from his long-running role as Will Truman on Will & Grace, where he earned a significant salary per episode.
Over the years, McCormack has built a solid financial foundation, also through his appearances in various TV shows, movies, and theater performances.
Compared to other actors in similar positions, McCormack’s financial standing is impressive but falls slightly behind other Hollywood giants like David Schwimmer and Matthew Perry, who also starred in massively successful sitcoms.
Here are some notable names related to Eric McCormack’s career:
- Debra Messing
- Sean Hayes
- Megan Mullally
- NBC
- Sony Pictures
- Hollywood Walk of Fame
You can explore more about the top earners in Hollywood here.
Eric McCormack Wealth, Salary and Financial Overview
How Much Does Eric McCormack Earn?
Eric McCormack’s income has varied across his career, with Will & Grace being the most significant source of his earnings. During the height of the show’s success, McCormack earned around $250,000 per episode. This put him among the top-earning TV actors of the time, bringing in an estimated $6 million per season.
Beyond Will & Grace, McCormack has had substantial income from his other television roles, including starring in Travellers, Perception, and Slasher. While these roles were not as financially lucrative as his iconic role on Will & Grace, they contributed significantly to his overall wealth.
Financial Success and Sources of Wealth
Eric McCormack’s wealth didn’t come from acting alone. He has diversified his sources of income, with significant contributions coming from his theater work.
His role in The Music Man on Broadway and performances in Off-Broadway plays have bolstered his financial standing.
Additionally, McCormack has appeared in various films, including Holy Man and Free Enterprise, which furthered his success in the entertainment industry.
These income streams have played an essential role in his overall financial portfolio, proving that McCormack’s wealth extends beyond TV acting alone.
Earnings from Will & Grace and Other TV Shows
Eric McCormack is best known for his role as Will Truman in Will & Grace, which aired for 11 seasons. This role not only earned him critical acclaim, including an Emmy Award, but also provided a steady stream of income. His contract during the show’s prime saw him earning up to $250,000 per episode, which was a significant figure for TV actors at the time.
After Will & Grace, McCormack continued to work in television, starring in Travellers and Perception, which further contributed to his financial success. His earnings from these projects, while not as substantial, still added to his overall wealth and continued to solidify his reputation in the industry.
Career Milestones and Major Projects
Eric McCormack’s financial journey has been heavily influenced by his key career milestones. His big break came with Will & Grace, where he played the beloved Will Truman. This role earned him multiple Emmy nominations and an Emmy win in 2001, elevating his status in Hollywood and ensuring a successful career thereafter.
McCormack’s career also includes memorable roles in Lonesome Dove and other lesser-known TV series. These roles, along with his Broadway endeavors, have cemented his place as a well-rounded actor capable of transitioning between film, television, and theater.
Real Estate Investments
Eric McCormack’s financial success has also extended to real estate. He has invested in properties that have appreciated over time, including a mansion in Toluca Lake, a sought-after area in Los Angeles. His real estate investments have not only helped diversify his wealth but also provide a comfortable lifestyle. This investment in property continues to grow his net worth.
Charitable Contributions and Public Appearances
Philanthropy plays a significant role in Eric McCormack’s life, with his contributions to causes like the Multiple Myeloma Research Foundation and Project Angel Food. His charitable work enhances his public image, and although it doesn’t directly increase his wealth, it aligns with his long-standing commitment to supporting important causes.
McCormack’s high-profile public appearances and endorsement deals have also contributed to his overall financial standing. These ventures, along with his acting career, create a holistic approach to wealth that goes beyond just salary.
How Eric McCormack Manages His Finances and Future Investments
Eric McCormack’s financial portfolio extends beyond his career in entertainment. It is likely that he has diversified into business ventures or other investments, although exact details are not readily available. Many celebrities, including McCormack, are known to work with financial advisors to ensure their wealth grows steadily over time. His future investments may include real estate and possibly startups or business partnerships in the entertainment industry.
Career Impact on Hollywood and Beyond
Eric McCormack has made a lasting impact in Hollywood, especially through his portrayal of Will Truman.
His role in Will & Grace helped to pave the way for LGBTQ+ representation on television. His contributions to the industry, combined with his financial success, have solidified his place among Hollywood’s most respected actors.
McCormack’s legacy is one of both professional and financial success, and his career continues to inspire new generations of actors and performers.
Conclusion
Eric McCormack’s career is a testament to hard work and financial success in Hollywood. From his iconic role in Will & Grace to his diverse investments, McCormack has built an impressive financial legacy.
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