Ted McGinley Net Worth: $5 Million
Ted McGinley, a celebrated American actor, has a net worth of $5 million. Over years, McGinley has built a solid career in television and film, becoming a household name through his roles in iconic series such as Happy Days and Married… with Children. Beyond acting, Ted’s diverse skills, personal investments, and public presence have contributed to his enduring legacy in Hollywood. This article delves into his financial achievements, career milestones, and personal life.
Early Life
Theodore Martin McGinley was born on May 30, 1958, in Newport Beach, California. Raised in an Irish-American family, Ted excelled academically and athletically during his youth. A standout water polo player, he earned a scholarship to University of Southern California (USC), where he majored in urban planning and real estate. While excelling in sports, his life took a turn when his girlfriend encouraged him to try modeling. This advice eventually led to his career in acting, a decision that changed his life trajectory.
Ted McGinley’s Career
Ted’s first major break came when he was cast as Roger Phillips on hit television series Happy Days (1980–1984). This role marked beginning of a prolific career in television and film. His performance on Happy Days captured attention of casting directors, leading to further opportunities.
In 1984, Ted McGinley played Stan Gable in comedy film Revenge of Nerds. While film faced critical skepticism, it became a cult classic and grossed $60.4 million on a modest $7 million budget. Ted reprised his role in subsequent sequels, solidifying his place in pop culture history.
Throughout 1980s, Ted maintained a prominent presence on television. From 1984 to 1986, he portrayed Ship’s Photographer Ace Evans on Love Boat. He continued his television success with roles in Dynasty and other popular series.
1990s brought another career-defining role for McGinley as Jefferson D’Arcy in sitcom Married… with Children (1989–1997). This character became one of his most beloved portrayals, showcasing his comedic talent and charm. In following decades, Ted appeared in series such as Hope & Faith, Mad Men, and West Wing. Recently, he has been part of Apple TV+ series Shrinking since 2023.
Ted’s career also extended into voice acting, with credits in animated series like Transformers: Robots in Disguise, Family Guy, and Batman: Brave and Bold. Beyond acting, his participation in Dancing with Stars in 2008 demonstrated his versatility, though he was eliminated early in competition.
Ted McGinley Net Worth Breakdown
| Source | Estimated Value |
| Acting Roles | $4.5 Million |
| Real Estate Investments | $1 Million |
| Other Ventures | $500,000 |
| Total Net Worth | $5 Million |
Real Estate
Real estate has been a key component of Ted McGinley’s financial portfolio. In 1986, he purchased an 1,800-square-foot home on Balboa Island in Newport Beach, California, for $360,000. This property has primarily been used as a rental, often fetching around $5,000 per month. Today, house’s estimated value stands at $4 million.
Ted also owns a home in Indian Wells, California, purchased in 1980 for $47,000. This residence serves as his primary home and is currently valued at approximately $600,000.
Ted McGinley’s Personal Life
Ted has been married to actress Gigi Rice since 1991. couple has built a stable and loving family life together, often keeping their personal affairs private. Gigi Rice is also a successful actress known for her roles in Hope & Gloria and other television series.
Connections in Entertainment Industry
Over years, Ted McGinley has worked alongside numerous notable names in Hollywood. His career intersects with work of actors and personalities such as:
| Name | Role/Association |
| Gigi Rice | Wife |
| John C. McGinley | Fellow actor in similar genres |
| C. C. H. Pounder | Co-star in various TV appearances |
| T. J. Miller | Voice acting in animated series |
| Amanda Bearse | Co-star on Married… with Children |
| Guy Laliberté | Entertainment entrepreneur |
| Andrew Lloyd Webber | Inspiration from broader entertainment |
| Herschel Walker | Sports celebrity crossover |
| Mitt Romney | High-profile public figures in interviews |
| Dua Lipa | Entertainment contemporary |
| Tony Romo | Appeared in similar public engagements |
| Daniel Stern | Industry peer in acting |
| J.J. Abrams | Worked in series sharing thematic tones |
| Julie Andrews | Iconic figure in entertainment |
| Scott Disick | Celebrity engagements |
Cultural Impact
Ted McGinley has a unique association with term “jumping shark,” originating from an infamous Happy Days episode. This phrase now symbolizes a decline in quality for television shows during later seasons. Despite connotation, Ted’s talent has ensured that he remained a beloved and respected figure.
Who’s Richer?
When compared to other celebrities, Ted McGinley’s net worth is modest but well-earned. Here’s how he compares to some of his peers:
| Name | Net Worth |
| Gigi Rice | $3 Million |
| T. J. Miller | $10 Million |
| Amanda Bearse | $16 Million |
| Herschel Walker | $10 Million |
| Mitt Romney | $300 Million |
| Dua Lipa | $35 Million |
| Tony Romo | $70 Million |
| Andrew Lloyd Webber | $1.2 Billion |
Disclaimer
All information about Ted McGinley’s net worth is based on publicly available data and estimates. While we strive for accuracy, financial details may vary due to private circumstances and undisclosed sources. Readers are encouraged to verify details independently.
