The Untold Truth About Danny Masterson’s Net Worth

Net Worth $8 Million (est.)
Born March 13, 1976
Gender Male
Height 5 feet 10 inches
Country of Origin United States of America
Source of Wealth Acting, DJ

From playing the beloved Steven Hyde on That ’70s Show to facing serious allegations and a mistrial, Danny Masterson‘s career has been a rollercoaster ride.

In this article, we dive into the untold truth about Danny Masterson’s net worth and uncover the facts and figures behind his wealth.

Knowing Danny Masterson

  • Danny Masterson is an American actor and DJ.
  • He is best known for his role in the TV series That ’70s Show.
  • Masterson has made a fortune through real estate investments, including the purchase and sale of several properties in Los Angeles.
  • He has also been involved in several legal disputes, including a high-profile rape case that resulted in his arrest and subsequent release on bond.
  • In 2021, Masterson sold one of his properties in Los Angeles for $6.2 million after listing it for $7 million several months earlier.

From “That ’70s Show” to Courtroom Drama: The Controversial Career

Danny Masterson was a rising star in Hollywood, known for his role as Steven Hyde on the popular sitcom That ’70s Show.

Masterson’s career seemed to be on an upward trajectory, with successful acting roles in both television and film. However, the actor’s career has been plagued by controversy and scandal in recent years.

In 2017, three women accused Masterson of sexual assault, allegations that he vehemently denies. Despite the allegations, Masterson continued to work on the Netflix series “The Ranch” until his character was written out in 2018.

A planned 2019 episode of Leah Remini‘s show Aftermath that would have focused on the Masterson rape allegations was postponed after pressure from the Church of Scientology.

 

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In 2020, the actor was charged with three counts of rape by force or fear, charges that could carry a sentence of up to 45 years in prison.

After a lengthy trial process, Danny was sentenced to 30 years to life for two rapes. Masterson faced allegations of sexual assault amidst the widespread #MeToo movement. He denied these accusations, asserting that all the encounters were indeed consensual.

Danny Masterson’s net worth might have come under scrutiny as he is not to be invited back to work on the sequel series That ’90s Show due to the legal battles and controversies surrounding him.

Masterson’s once-promising career has come to a stop due to his actions.

ALSO READ: Learn about Carl Icahn’s Net Worth.

The Business Ventures That Boosted Danny Masterson’s Net Worth

Masterson was a child model from the age of four and had appeared in over 100 commercials by the time he was 16, including ones for Kellogg’s Frosted Flakes and Hardee’s.

Danny starred in Beethoven’s 2nd and Cybill before landing his role in That ’70s Show, which ran for eight seasons. Once the show ended, Masterson took up roles in various movies and appeared as a guest on TV shows.

Apart from acting, Masterson also pursued a career as a DJ and, at one point, owned a lounge and bar named Downstairs in Park City, Utah.

Danny was a member of a poker team called the Unabombers and participated in the 2005 GSN series, The James Woods Gang vs. The Unabombers.

Masterson has also hosted celebrity poker events and emerged victorious in the Phat Farm Stuff Casino Weekend Poker Tournament.

Similarly, you would love to explore Mike Novogratz’s net worth.

From TV Show to Real Estate: How Danny Masterson Built His Fortune in Property Investments?

Danny Masterson’s fortune was raised significantly through property investments.

Masterson purchased a four-bedroom residence in Los Angeles for $560,000 in 1998 after landing his role on That 70’s Show and eventually sold it for $1.595 million in 2007.

In 2003, the actor bought an LA apartment and sold it to Laura Prepon for $165,000 within a year.

Danny Masterson's Net Worth
Danny Masterson’s Net Worth. Image Source: Instagram.

The Hollywood Hills home that Masterson purchased in 2007 for $2.995 million was previously owned by Chuck Berry.

After being arrested for rape, Masterson posted a $3.3 million bond to secure his release, using his Hollyridge Drive home as collateral.

In December 2021, Masterson sold his Hollywood Hills home for $6.2 million after listing it for $7 million several months earlier.

During legal troubles, Masterson’s property investments have proven to be lucrative for him over the years.

Published On: May 10, 2023

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