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Matt Groening Networth

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Facts of Matt Groening

Famous as the creator of The Simpsons, the longest-running U.S. animated series and sitcom, Matt Groening is one of the highest paid cartoonists. The winner of 12-Primetime Emmy Awards, Groening owns the net worth of $550 million; the majority credit goes to The Simpsons. Moreover, his TV series’ merchandise revenue has already reached billion dollars. 

The American cartoonist, voice actor and animator, is professional since 1977, and ever since, has never stopped to grab massive fortune. Currently, Matt Groening serves at The Simpsons as an executive producer and creative consultant. Also, his new animated series Disenchantment is boosting up with Netflix since 2018. 

Matt Groening’s Net Worth: Salary, Income Source & Movie Gross

With over 40 years of career, Matt undoubtedly is indeed one of legendary cartoonists, and still is active in his career. Moving on from his journey as comic writer Life in Hell to the TV animated series & sitcom The Simpsons, Groening sacked up huge earnings and fortune.

Well, as of March 2019, Groening’s estimated net worth is $550 million, while in 2013, his overall worth recorded $500 million as per The Richest.

Even now, the exact salary of Matt Groening is a mystery, though, his annual revenue is likely to list in upper hand among the million dollars showers.

Matt Groening, the creator of The Simpsons
Matt Groening, the creator of The Simpsons

In 2016, the American personality ranked 3rd richest cartoonist with over $500 million ownership.

The wealthiest of all, Walt Disney’s (died in 1992) had an equivalent of $5 billion. On the other hand, the second-place holders: Trey Parker and Matt Stone of South Park, owned $800 million.

The Simpsons Casts Salary 

Surely as a creator of the hit show airing since December 17, 1989, Matt makes exaggerate cuts.

And seems, it’s not a bad deal for the voice actors as well. The six primary cast members: Dan Castellaneta, Julie Kavner, Nancy Cartwright, Yeardley Smith, Hank Azaria and Harry Shearer, earned $30,000 per episode until 1998.

Then, from 1998 to 2004, their salary negotiated to $125,000 per episode, before the payroll increased in between $250,00 to $360,000.

In 2008, the voice actors were set to make $400,000 per episode, but after 3 years, it dropped to by 30% upon the Fox’s threat to cancel the series unless production cost cutout. It resulted in the salary of $300,000 per episode.

Movie Box Office Collection & TV Shows 

Matt produced many TV shows & movies, among them The Simpsons Movie released on July 27, 2007, became the 8th highest-grossing film worldwide., that year.

The Simpsons Movie- $527.1 million gross collection over the budget of $75 million

The film made highest of $183,135,014 in the United States and Canada, while the income from German placed second with $36,289,250.

Besides, this Matt launched TV series like:

  1. The Tracey Ullman Show (1987-1989)- 48 episodes
  2. Futurama (1999–2003; 2008–2013)
  3. The Simpsons (1989- Present)
  4. Disenchantment (2018- Present)

Endorsements, Comic Company & Merchandise

For now, the information on Matt Groening’s endorsement is not out, rather, his merchandise sales seem enough for million dollars revenue.

Back in the 90s, The Simpsons merch ripped off the market crazily making over $2 billion in only 14 months of sales.

Also, in 2008, the franchise made the lone income of $750 million which reached up to $4.5 billion by the 25th season of The Simpsons (2016).

Some of the merch includes The Simpsons Game Arcade Cabinet ($3,000-$4,000), Simpsons Footprint Fine Art Homer & Marge Statue ($130-$170), and Bart Simpson "Save Blinky" Toy ($500-$1000).

Moreover, Groening also owns a comic company Bongo Comics since its foundation in 1994. Surely, the company valued at millions aids his net worth.

Did You Know? In December 2017, Disney signed a mega deal of ownership transfer with 21st Century Fox for $52 billion, that included The Simpsons. But, currently, Fox has deal renewal to stream the series till its 31st and 32nd season through 2021.

Assets, Expenses & Insurance

Some multi-millionaires like Matt seem to keep their life low-profile as possible. Also, he is yet to discuss on his lifestyle and expenses.

Reportedly, in November 2011, Groening bought a $11.7 million mansion in Santa Monica, California. Matt and his wife lived in the property featuring 5 bedrooms and 7.5 bathrooms, for 2 years before leaving in September 2013.

Matt Groening's house in Santa Monica
Matt Groening's house in Santa Monica

Besides this, Matt Groening owns 2 more houses in Malibu and Los Angeles, worth of hundreds of thousand dollars.

Sources cite that the cartoonist owns an impressive car collection including a Ford, Prius, Audi, Aston Martin, Mercedes, and many more.

Probably it’s a work of snap to own him cars and not a problem at all for jets too. Though reports on Matt’s private jet is yet to be out unlike many celebrities like:

  1. Tom Cruise- Gulfstream IV-SP worth around $34 million-$40 million
  2. Jim Carrey- Gulfstream V ($50 million-$60 million)
  3. Oprah Winfrey- Global Express XRS ($56 million)

Expenses & Insurance 

Since the American animator cum voice actor has property in California, his house insurance premium turns to be around $1,000 per year.

But also, Matt has to pay 36.6% Federal tax and around 15% State tax to California, that count in his expenses.

For instance, if an individual earns $10 million, after the tax cuts, he/she receives only $4.79 million.

Charitable Works

Matt is also active in charitable works. Back in 2012, he donated $500,000 to UCLA School of Theatre to help students, working for the production of animated films.

Also, Sam Simson, Groening’s co-developer of The Simpsons was active in philanthropic works. After his death on March 8, 2015, Sam bequeathed his $100 million net worth to various charities. 

Matt Groening’s Personal Details

Born on February 15, 1954, in Portland, Oregon, Matt's birth name is Matthew Abraham Groening. He is the one of 5 children of his parents: Margaret Ruth, a Norwegian-American teacher and Homer Philip Groening, a German-Canadian cartoonist.

American by nationality and of mixed ethnicity, Matt married twice in his life. Currently, aged 65, Groening lives with his second wife Agustina Picasso and shares a son Nathaniel Philip Picasso Groening.

Formerly, Groening was in relationship with Deborah Caplan (from October 29, 1987-1999), and shared 2 sons: Homer and Abe.

Read More: Mark Hamill net worth, Magnus Carlsen net worth and John Krasinski net worth

Updated On Sun Mar 31 2019 Published On Fri Mar 15 2019 By crm

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