How rich is Matt Groening?
Matt Groening, born on February 15, 1954, achieved international fame through the television series “The Simpsons”. Although both the American TV broadcaster FOX and Groening himself big secret about his merit to the Simpsons as well as on other projects and therefore his actual assets remains in the dark, it is estimated at around 450 million euros. Quite realistic as we checked. Matt Groening is the creator of Homer, Marge, Bart, Lisa, Maggie and many other yellow Simpsons characters from Springfield. No other animated series in the world has enjoyed such success over the years as “The Simpsons”.
Matt Groening’s background
Of course, Groening had a life before the Simpsons, and after graduating from Evergreen State College in Olympia, Washington, worked as a Music journalist. In this position he became a business partner of one of the co-founders of the magazine “Beat“.
He also did numerous odd jobs in Los Angeles and was so dissatisfied with his life at the time that he took the “Life in Hell” comic series wrote. It was a small short comic that appeared in newspapers and is still printed in over 250 newspapers today.
This comic soon made him discovered by James L. Brooks, who is now co-producer of the Simpsons. He initially asked him to design short episodes for the Tracy Ullman Show – an entertainment program comparable to the “Ellen” format.
Although the show itself was not a successful TV format in the long term, the reactions to the approximately minute-long episodes were so good that the American broadcaster FOX decided to commission a first season of the Simpsons. It was first broadcast in December 1989. That initial season has now grown to 25. This makes the Simpsons the longest-running US animated film series. The series alone has numerous awards, including 25 Emmys won.
What Groening earns for each Simpsons episode remains a mystery. However, it is known that longtime co-producer Sam Simon, who mainly worked on the early seasons, still makes about $ 30 million a year. Assuming that Groening is the creator of the series, so is a Annual earnings of 40-60 million US dollars per year are quite realistic.
His financial contribution to the film of the same name for the series is also unknown and can only be estimated. The film had one Budget of $ 75 million and grossed about $ 525 million at the box office. Very successful screenwriters usually receive only a small part of the budget available for the film, but also receive around 5% – 10% of the total income: That would be offset against the basic share and be careful estimated earnings of approximately $ 28-35 million.
Groening also used the Simpsons’ high popularity for numerous advertising deals, all of which are likely to have been quite profitable: So did Bart Simpson as an advertising character 1990-2001 advertisement for Nestlé’s Butterfinger – a very popular bar in the United States. There were other advertising deals with Burger King, Domino’s, Kentucky Fried Chicken (KFC) and other large and well-known brands.
This advertising revenue must be so profitable that the speakers of the series have tried to get a share in them. Alone Speakers earn $ 8 million a year each, while an episode costs about $ 1 million to produce.
In addition to the series, Groening Futurama succeeded in bringing another series into the television program, which, however, would never be as successful as the Simpsons.
Matt Groening Net Worth and Possessions
Matt Groening owns his own comic book publisher, which he founded in 1994. In this publishing house – Bongo Comics – he publishes the comics for his series. With his own publishing house, he consequently generates further income.
At Venice Beach near Santa Monica, a small town south of Los Angeles, well known in US celebrity circles, he owns a luxury home valued at $ 11.7 million. However, he did not buy this out of his own initiative, but rather because his wife had forced him to. He himself considered the financial outlay to be excessive.
Groening is a member of a rock band – the Rock Bottom Remainers – which includes Stephen King and other writers, but she has no record deal or publications and therefore does not generate any significant income. The group is intended more as an amateur band.
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