Facts of Galen Gering
How Rich is Galen Gering, His Net Worth?
Galen Gering, famed for his prominence in daytime Soap Opera is an American born actor, professional since 1999. Gering has appeared in numerous soap operas and earned himself massive fame and fortune.
His most notable appearances include Passions and Venice: The Series. With nearly 2 decades of professional career, Galen is estimated to have earned the net worth of $4 million. Currently, he portrays the role of Rafe Hernandez in the NBA soap opera Days of Our Lives since 2008.
Galen Gering’s Net Worth: Salary, Income Sources & Earnings
Initially associated with Irene Marie Models, Galen made his acting debut through NBC daytime soap opera Passions in 1999. Since then, Gering has appeared in other TV series like Venice: The Series (2009-2012), Miss Match (2003), Days of Our Lives (2008-Present).
As of May 2019, Galen Gering’s actual net worth is not out, however, online sources cite his fortune to be $4 million. The main source of his income is his acting career, earning him hundreds of thousand dollars net worth.
On the other hand, Galen’s actress wife Jenna Gering is estimated to be worth $1 million.
Currently, he portrays Rafe Hernandez in the NBC opera Days of Our Lives since 2008, however, is yet to disclose his payroll.
As per online sources, a soap opera actor can make the average of $1,000 per episode, while the veteran with over 5 years of contribution can sum in the range of $1,500-$3,000 per episode.
Moreover, the veteran actors with 10 years of soap opera contribution get $5,000 per episode. So, it’s likely that he made a hefty sum.
Appearance In Reality Shows
Well, Galen has also appeared in reality TV shows such as Dirty Soap (2011- 5 episodes) and Battle of the Network Stars (2017).
Various sources report that celebrities also makes a nice cut through their guest appearances. On average, a celebrity takes $5,000-$15,000 per appearances but can go as high as a million dollars, depending on the celebrity’s charges.
For instance, Lord of the Rings star Orlando Bloom’s fee starts with a staggering $200,000 while Matrix actor Keanu Reeves booking ranges from $250,000 to $350,000 per appearance.
Endorsement & Instagram Earnings
Sadly, for now, the detail on Galen’s endorsement deal or its earnings is not out, but surely the household name probably can summon massive thousands or even hundred thousand from endorsements.
As per Influencer Marketing Hub, Galen Gering’s Instagram account with over 64K follower has the potential of $260-$433 per sponsored post.
Assets, Lifestyle & Expenses
Galen Gering, the millionaire actor surely does have a lavish lifestyle and owns a jaw-dropping asset collection with a fortune of $4 million. But he likes to keep it low-key as possible.
Gering and his wife Jenna live in their 1920s Spanish-Revival house featuring five bedrooms and 4.5 bathrooms and a guest house. The duo bought the property in late 2003 for $1.435 million.
Once Burglared House Sold For Profit
For a fact, Galen along with Jenna once owned a house in Hollywood Hills, the neighborhood of Los Angeles, California.
The duo sold the 2,205 sq. ft. property featuring 3 bedroom and 4 bathrooms in July 2016 for $2.55 million, much above of the asking price on $1.65 million, listed in June of that year.
Well, the former Hollywood Hills had cost them around $755,000 when they bought it in 2000.
As reported, American actress Lindsay Lohan was renting that 1927 Spanish Revival-style house, paying $10,000 per month. But after a burglary by Bling Ring, a group of convicted thieves, in 2009, Lohan moved away.
The burglars allegedly took away $130,000 worth clothes and jewelry.
Other Asset Collection & Expenses
Galen owns a collection of luxury cars such as Hyundai, Jeep Wagner and his favorite Porsche Carrera (costs around $102,000). He also has snow bikes- Artic Fire and Cross Fire.
The actor also has a dog of Great Pyrenees breed, it can cost anywhere in between $1,400-$5,000.
Alongside expenses on properties, Galen Gering makes expenditure on travels, daily life luxury and raising 2 children.
Tax Payment, Charity, & Insurance
As per calculation from Smartasset.com, Gering’s houses in Santa Monica takes away 0.793% of the asset’s market value as property tax, accompanied by around $1,000 as house insurance premium.
Also, the American actor has to follow the income tax policy as all others residing in Santa Monica do.
Upon his annual revenue of $1 million, Galen Gering is liable to pay $423,600 as income tax, inclusive of 30.05% Federal tax, 2.92% FICA and 9.39% State tax.
He is also involved with many charitable organizations.
Galen Gering’s Personal Details: Age, Family, Education & Married Life
Born on February 13, 1971, in Los Angeles, California, USA, Galen Gering's birth name is Galen Laius Gering. His father is Alan Gering, of Russian-Jewish descent and mother Michele de Oñate, renowned west coast artist, is of Spanish-Basque descent.
Gering holds American nationality and is of mixed ethnicity.
He moved to New York City at the age of 18 and attended New York University for a year. Then, he enrolled at the University of Miami and studied creative writing and film.
As of May 2019, Galen Gering’s age is 48 and has a height of 6 ft. 2 inches (188 cm).
Married Life & Wife
Gering is a happily married man. He lives with his longtime girlfriend-turned-wife, Jenna Gering. The couple married on January 3, 2000, and is together without any mishaps ever since.
The duo also shares 2 children together, both sons. They welcomed their first son Dillon Phoenix on August 3, 2006, and second son Jensen Gering on July 17. 2008.