Net Worth Ranker
What Is Andrew McCarthy’s Net Worth?
Andrew McCarthy, a multifaceted American talent excelling as an actor, director, and writer, has amassed a net worth of $12 million. This figure reflects his diverse career, encompassing notable roles in iconic films of the 1980s, directing acclaimed television series, and venturing into writing.
Early Life and Education
Andrew Thomas McCarthy was born on November 29, 1962, in Westfield, New Jersey. He spent his early years with his three brothers before relocating to Bernardsville, New Jersey, during his teens. He attended a preparatory academy where he discovered his passion for acting, securing his first role as the Artful Dodger in “Oliver!” While specific details about his family’s financial background during his upbringing are not publicly available, his enrollment in a preparatory academy suggests a commitment to quality education. After graduating, McCarthy enrolled at New York University (NYU), but he was expelled after two years.
Acting Career and Key Roles
McCarthy’s acting career took off in 1983 with a role in the comedy film “Class,” alongside Jacqueline Bisset. This marked the beginning of his association with the “Brat Pack,” a group of young actors who dominated the 1980s film scene. His roles in “St. Elmo’s Fire” and “Pretty in Pink” solidified his status as a teen idol and contributed significantly to his early earnings. In 1985, he co-starred in “Heaven Help Us” with Donald Sutherland and Matt Dillon. By 1987, he secured roles in “Mannequin” and “Less Than Zero,” each adding to his growing income and net worth. The late 1980s saw McCarthy continue to star in films such as “Fresh Horses,” “Weekend at Bernie’s,” and “Kansas.” Although specific salary figures for these roles are not publicly accessible, they collectively built his profile and financial foundation.
During this period, McCarthy also ventured onto the Broadway stage with “The Boys of Winter.” Although Broadway roles typically offer a different scale of compensation compared to film roles, they contribute to an actor’s overall career prestige and versatility. McCarthy returned to Broadway in the 1990s, starring in the award-winning play “Side Man.” This role would have provided additional income and further expanded his acting portfolio.
In the 2000s, McCarthy transitioned to television, appearing in series such as “Law and Order,” “Kingdom Hospital,” “E-Ring,” “Lipstick Jungle,” and “The Spiderwick Chronicles.” Television roles offer a steady stream of income, with actors often earning per-episode fees that can accumulate significantly over time. In recent years, he has had a recurring role in “Good Girls,” further adding to his income stream. These television appearances complement his earlier film work, ensuring a consistent flow of revenue. His precise earnings per episode or season for these TV series are not publicly disclosed, but it’s reasonable to assume they contribute substantially to his $12 million net worth.
Directing Career
McCarthy expanded his career by moving behind the camera, directing episodes of various television shows. He directed shows like “Gossip Girl,” “The Blacklist,” “Neighborhood Watch,” and “Orange Is the New Black.” Directing credits can be financially rewarding, with directors earning fees per episode or project. His work on “Orange Is the New Black,” an Emmy Award-winning series, likely provided significant financial benefits, as successful series often offer bonuses and increased pay for directors. The exact figures for his directing fees are not public, but they undoubtedly add to his overall net worth of $12 million. Successful directing engagements enhance both his income and reputation in the entertainment industry.
Writing Career
McCarthy has also established himself as a writer, contributing to publications such as “National Geographic Traveler.” Writing for magazines provides income through article fees and can enhance his public profile. In 2017, McCarthy published a best-selling novel entitled “Just Fly Away.” As a best-selling author, McCarthy likely earned royalties from book sales. These royalties would fluctuate depending on the book’s popularity and sales volume. He also wrote a memoir about his time as a member of the Brat Pack, further capitalizing on his experiences in the film industry. Specific figures related to his earnings from writing ventures are not available, but they contribute to his diverse income streams and overall net worth. Given his success as an author, writing likely represents a significant portion of his income.
Real Estate Investments
In 2005, Andrew McCarthy sold his townhome in Manhattan for $3.25 million. The townhome, which was 161 years old at the time of the sale, featured original moldings and mantles, high ceilings, seven wood-burning fireplaces, and a spacious garden. It also included three bedrooms, with the master bedroom occupying the entire fourth floor. The $3.25 million sale price indicates a significant profit from the property, assuming McCarthy had owned it for a period and its value had appreciated. Real estate transactions often form a substantial part of a celebrity’s investment portfolio and can significantly impact their net worth. The details of any other real estate holdings McCarthy may have are not publicly available. However, this single transaction demonstrates his capacity to engage in high-value investments that contribute to his financial standing.
Personal Life and Relationships
In the 1990s, Andrew McCarthy reconnected with his college sweetheart, Carol Schneider. They married in 1999 and had one child together in 2002 before divorcing in 2005. Divorce settlements can sometimes affect an individual’s net worth, but the specifics of McCarthy’s divorce settlement are not publicly known. In 2011, McCarthy married writer Dolores Rice, and the couple has two children. These personal details provide a broader context to his life but do not directly impact the available data on his net worth. His ability to maintain a successful career and financial stability through these personal transitions underscores his resilience.
Substance Abuse and Recovery
Andrew McCarthy has been open about his struggles with substance abuse, stating that he began abusing alcohol at the age of 12. In 1992, he entered a detox program to address his alcohol addiction. Successfully completing this program, he managed to maintain sobriety. While details of any financial costs associated with his treatment are not publicly available, addressing substance abuse issues can be a significant personal and financial investment in one’s well-being. His recovery is a testament to his personal strength and resilience, allowing him to continue his career without the hindrance of addiction.
