What Is Patrick Dempsey’s Net Worth?
Patrick Dempsey, a multifaceted American actor, producer, and race car driver, has accumulated a net worth of $85 million. This substantial net worth is a result of his successful career in Hollywood, lucrative television roles, and ventures into auto racing.
Patrick Dempsey’s Acting Career and Earnings
Dempsey began his acting career in the 1980s, starring in teen romance films. However, his career truly took off with guest-starring roles in popular television shows such as “Will & Grace” (2000–2001), “Once and Again” (2000 and 2002), and “The Practice” (2004). These roles paved the way for his most recognizable role as Dr. Derek Shepherd (aka “McDreamy”) on the hit medical drama “Grey’s Anatomy” (2005–2015), where he appeared in 244 out of 366 episodes. Patrick Dempsey’s salary peaked at $350,000 per episode of Grey’s Anatomy. That works out to around $8 million per season.
Beyond television, Dempsey has also appeared in several popular movies, including “Scream 3” (2000), which grossed $161.8 million worldwide, “Sweet Home Alabama” (2002), “Enchanted” (2007), and “Bridget Jones’s Baby” (2016). Furthermore, while starring in “Grey’s Anatomy,” Dempsey appeared in several films, including 2007’s “Freedom Writers” and “Enchanted,” 2008’s “Made of Honor,” and 2011’s “Flypaper” (which he also produced) and “Transformers: Dark of the Moon” (which grossed a massive $1.124 billion at the box office). This diversified portfolio of film and television roles has significantly contributed to Patrick Dempsey’s net worth.
Patrick Dempsey’s Early Life and Career Beginnings
Patrick Galen Dempsey was born on January 13, 1966, in Lewiston, Maine. He grew up in Turner and Buckfield, attending Buckfield High School, St. Dominic Regional High School, and Houston’s Willowridge High School. Although he dropped out during his senior year, he received an honorary doctorate in humanities from Bowdoin College in 2014. St. Dominic Regional High School then awarded him his high school diploma.
Dempsey’s early acting career involved touring productions such as “Torch Song Trilogy” and “Brighton Beach Memoirs.” His first uncredited film appearance was in 1985’s “The Stuff.” He gained recognition in teen films like “Can’t Buy Me Love” (1987), and “Happy Together” (1989). These early roles provided him with a foundation for his later successes in television and film.
Patrick Dempsey’s Auto Racing Career
Dempsey’s passion for auto racing has also contributed to his public persona. He owns Dempsey Racing and co-owned the Vision Racing IndyCar Series team. He has participated in numerous pro-am events, including the Rolex 24, Tecate SCORE Baja 1000, and 24 Hours of Le Mans. In 2006, he finished second in the Toyota Pro/Celebrity Race. The Dempsey Racing team achieved second place in the 2015 24 Hours of Le Mans (GTE Am class) and third place in the 2012 American Le Mans Series (LMP2 class). While the financial details of his racing ventures are not fully public, his involvement in auto racing adds another layer to his portfolio.
Patrick Dempsey’s Real Estate Holdings
Patrick Dempsey’s real estate investments have played a role in his net worth. In 2009, Patrick and his wife Jillian bought a house in Malibu, California, for $7 million and sold it to billionaire Sid Bass for $15 million in 2015. The Malibu home spans 5,547 square feet, with three bedrooms and 3.5 bathrooms, a 20-foot by 20-foot central skylight, a formal living area, a fireplace, two offices, and reclaimed wide plank wood floors. The home has a v-shaped galley-style kitchen with concrete countertops, the kitchen opening into a large breakfast area with a nearby elevated den. A wall of windows looks out into the garden with a cobblestone terrace that features an outdoor cooking area. In 2006, Patrick and Jillian paid $3.1 million for a home in Bel Air, and they sold this home for $2.571 million in 2009. In 2014, Dempsey and Fink paid $1.925 million for a home in the Venice Beach area. They bought a 4,415-square-foot mansion in Malibu for $6.4 million in 2016.