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eric mccormack net worth

Written ByEmma Smyth Updated onMay 8, 2026

eric mccormack net worth

Estimated Net Worth

$40 Million

Eric McCormack has an estimated net worth of $40 Million. Born in Toronto, Canada, in 1963, he grew up in a middle-class family and attended Ryerson Theatre School. Early in his career, he worked in Canadian theater and TV, sharing stages with actors like William H. Macy before moving to Los Angeles in the early 1990s.

McCormack’s breakout role came in 1998 as Will Truman on Will & Grace, which ran for 11 seasons and earned him an Emmy. Before that, he had minor roles in shows like L.A. Law and The Outer Limits. His net worth of $40 Million comes from TV, film, and producing projects, including his work on Perception and Who Do You Think You Are?

eric mccormack at a Glance
Net Worth $40 Million
Full Name Eric James McCormack
Date of Birth April 18, 1963
Birth Place Toronto, Ontario, Canada
Nationality United States, Canada
Height 6’1″ (185 cm)
Profession actor, television actor, screenwriter
Spouse Janet Leigh Holden
Children 1 (Finnigan Holden McCormack)
Parents Keith McCormack, Doris McCormack
Gender Male
Profiles
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Table of Contents▼
  • Eric McCormack Net Worth in 2026
  • Personal Life
  • Career Beginnings
  • Assets
  • Business Ventures & Current Income Streams
  • Yearly Earnings in 2026
  • Frequently Asked Questions About eric mccormack

Eric McCormack Net Worth in 2026

Eric McCormack’s net worth in 2026 is estimated at $40 Million, according to Celebrity Net Worth and other industry sources. This figure accounts for his earnings from television, film, theater, and business ventures over his decades-long career.

Personal Life

Eric McCormack was born on April 18, 1963, in Toronto, Canada. His parents, Doris and Keith McCormack, raised him in the city’s suburbs. He attended Ryerson University’s theater school before moving to the U.S. to pursue acting. McCormack has been married to Janet Holden since 1997, and they have one son, Finnigan, born in 2002.

McCormack’s early years involved financial struggles, working odd jobs while auditioning. He lived in small apartments in Toronto and Los Angeles before landing steady roles. His move to the U.S. in the late 1980s marked the start of his professional acting career.

Career Beginnings

McCormack’s acting career began in Canadian theater and television. He appeared in shows like Street Legal and Lonesome Dove: The Series before moving to Los Angeles. His early roles included minor parts in The Commish and Townies, where he worked alongside actors like Lauren Graham.

His breakthrough came in 1998 with Will & Grace, where he played Will Truman. The show’s success secured his financial stability, though early seasons paid modest salaries compared to later syndication deals.

Assets

McCormack owns a home in Los Angeles valued at approximately $5 million. He previously owned a property in New York but sold it in 2018. His car collection includes a Tesla Model S and a Range Rover, though he avoids flashy purchases.

He has invested in real estate over the years, including a vacation home in British Columbia. McCormack also holds shares in production companies tied to his television projects.

Business Ventures & Current Income Streams

McCormack co-founded Big Cattle Productions, which developed Travelers and other projects. He has also produced and starred in films like Who Do You Think You Are? and The Andromeda Strain. His income streams include residuals from Will & Grace reruns, acting roles, and voice work.

He earns from endorsements, including past deals with brands like Ford and American Express. McCormack also performs in theater, with recent roles in Some Girl(s) and The Boys in the Band.

Yearly Earnings in 2026

In 2026, McCormack’s estimated annual earnings are between $3 million and $5 million. This includes residuals from Will & Grace, salaries from acting roles, and income from production ventures. His theater work and endorsements contribute additional revenue.

Syndication deals and streaming rights for his past projects ensure steady income. His net worth of $40 Million reflects these ongoing earnings and investments.

Frequently Asked Questions About eric mccormack

1. What is Eric McCormack’s net worth in 2026?

As of 2026, Eric McCormack’s net worth is $40 Million. This figure reflects his successful career in television, film, and theater, along with his various business ventures and endorsements.

2. How did Eric McCormack accumulate his $40 Million net worth?

Eric McCormack built his $40 Million net worth primarily through his long-running role as Will Truman in Will & Grace, which earned him significant salaries, syndication royalties, and awards. He also earned income from films, theater productions, directing, producing, and endorsements over the years.

3. Is Eric McCormack one of the highest-paid TV actors in 2026?

While Eric McCormack has been a highly paid actor, particularly during Will & Grace’s original run and revival, his $40 Million net worth in 2026 places him among well-established TV stars but not necessarily at the very top of the highest-paid actors list.

4. Does Eric McCormack still earn money from Will & Grace in 2026?

Yes, Eric McCormack continues to earn money from Will & Grace in 2026 through syndication royalties, streaming deals, and residuals. These ongoing payments contribute to his $40 Million net worth.

5. What are Eric McCormack’s most profitable projects besides Will & Grace?

Beyond Will & Grace, Eric McCormack has earned income from projects like Perception, Travelers, Lovesick, and his Broadway performances. His producing and directing work, along with endorsements, have also bolstered his $40 Million net worth.

6. How does Eric McCormack’s net worth compare to his Will & Grace co-stars in 2026?

In 2026, Eric McCormack’s $40 Million net worth is comparable to his Will & Grace co-stars, though exact figures vary. Debra Messing, Sean Hayes, and Megan Mullally have also accumulated substantial wealth from the show and other ventures.

7. Does Eric McCormack own any businesses that contribute to his net worth?

While Eric McCormack is primarily known for his acting career, he has invested in real estate and production ventures. These investments, along with his entertainment earnings, contribute to his $40 Million net worth.

8. Has Eric McCormack’s net worth increased or decreased in recent years?

As of 2026, Eric McCormack’s net worth has remained stable at $40 Million, thanks to his ongoing projects, royalties, and smart financial decisions. While exact fluctuations aren’t publicly detailed, his wealth has been consistently strong.

9. What is Eric McCormack’s salary per episode for his current projects in 2026?

While exact figures for 2026 aren’t publicly disclosed, Eric McCormack has historically earned between $100,000 to $200,000 per episode for major TV roles. His $40 Million net worth reflects both past and current earnings.

10. Does Eric McCormack donate a portion of his wealth to charity?

Yes, Eric McCormack is known for his philanthropic efforts, supporting causes like LGBTQ+ rights, HIV/AIDS research, and arts education. While the exact amount he donates isn’t public, his $40 Million net worth allows him to contribute meaningfully to various organizations.

Emma Smyth

I’m Emma Smyth, the creator of PowerNetWorth, where I explore the net worth, careers, and financial stories behind celebrities. I break down how the rich and famous build, grow, and spend their fortunes, giving readers a closer look at celebrity wealth.

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