Danny Masterson, an American actor and DJ, is best known for his role as Steven Hyde in the hit sitcom “That ’70s Show.” His career has seen both high points and low, from earning significant wealth through his acting and DJing to facing severe legal challenges. Masterson’s net worth is estimated at $8 million, a fortune he shares with his wife, actress Bijou Phillips. This blog post delves into Masterson’s career, earnings, legal troubles, and how these factors have shaped his financial standing.
Early Life and Career Beginnings
Danny Masterson was born on March 13, 1976, in Long Island, New York. His journey in the entertainment industry began at a young age. By the time he was four, Masterson was already working as a child model, appearing in numerous advertisements. His charming looks and natural talent helped him secure over 100 commercials by the time he was 16. This early exposure to the entertainment world laid a solid foundation for his later acting career.
Masterson didn’t stop at modeling. He transitioned into acting by appearing in musicals and small television roles. His early career included roles in the film “Beethoven’s 2nd” and the sitcom “Cybill.” However, it wasn’t until he landed the role of Steven Hyde in “That ’70s Show” that his career truly took off.
Breakthrough with “That ’70s Show”
In 1998, Danny Masterson was cast as Steven Hyde in the Fox sitcom “That ’70s Show.” The show, set in the 1970s, revolved around a group of teenage friends growing up in Wisconsin. Masterson’s portrayal of the laid-back, rebellious Hyde quickly became a fan favorite. The show was a massive hit, running for eight seasons from 1998 to 2006, and Masterson appeared in all 200 episodes.
“That ’70s Show” wasn’t just a critical success; it was also a financial one for its main cast members. According to reports, the main actors on the show, including Masterson, were earning between $250,000 and $300,000 per episode. This significant income contributed greatly to Masterson’s net worth, making him one of the highest-paid actors on the show.
Diversifying His Career
After the success of “That ’70s Show,” Danny Masterson continued to expand his career in both television and film. He made guest appearances on popular shows like “Punk’d” and “MADtv,” showcasing his versatility as an actor. In 2008, he starred alongside Jim Carrey in the comedy film “Yes Man,” further establishing his presence in Hollywood.
In 2009, Masterson worked on a project close to home, starring alongside his wife Bijou Phillips in the film “The Bridge to Nowhere.” The couple’s on-screen chemistry was well-received, and the film added another layer to Masterson’s acting portfolio. He continued to land roles in various television series, including “White Collar” and “The Chicago 8.”
One of his most notable roles post-“That ’70s Show” was in the Netflix series “The Ranch.” Masterson played the role of Jameson “Rooster” Bennett from 2016 to 2018. The show was well-received, but Masterson’s involvement was cut short due to legal issues that began to surface around that time.
DJ Career: ‘DJ Mom Jeans’
In addition to his acting career, Danny Masterson has also made a name for himself in the music world as a DJ. Performing under the alias ‘DJ Mom Jeans,’ Masterson has played at various events and venues, bringing his unique style to the turntables. His DJ career, while not as prominent as his acting work, has contributed to his overall net worth.
Masterson’s love for music and DJing has been a consistent side project throughout his career. While it hasn’t brought in the same level of income as his acting, it has allowed him to explore another creative outlet and maintain a presence in the entertainment industry.
Legal Troubles and Their Impact on His Net Worth
Danny Masterson’s career and personal life took a significant hit in 2017 when multiple women accused him of rape. These allegations led to a lengthy legal battle that severely impacted his public image and career. In 2020, Masterson was formally charged with three counts of rape, stemming from incidents that allegedly occurred between 2001 and 2003.
The legal proceedings reached a turning point on May 31, 2023, when Masterson was found guilty on two of the three charges. Each charge carried a potential 15-year prison sentence, and on September 7, 2023, he was sentenced to 30 years in prison. This legal outcome has had a profound effect on Masterson’s life and career, putting a halt to his professional endeavors and casting a shadow over his legacy.
The legal battles have also taken a financial toll on Masterson. While his net worth is still estimated at $8 million, the costs associated with legal fees, settlements, and potential loss of income have likely strained his finances. Moreover, his conviction has made it difficult for him to continue his career in entertainment, further impacting his financial stability.
Personal Life and Real Estate Investments
Danny Masterson’s personal life has been closely tied to his professional career. In 2005, he began a relationship with Bijou Phillips, a fellow actress and Scientologist. The couple married in 2011 and welcomed their first child in 2014. Their relationship has been a focal point of Masterson’s personal life, with Phillips standing by his side throughout his legal troubles.
Masterson’s dedication to the Church of Scientology has also played a significant role in his life. The Church has supported him throughout his legal battles, and his involvement in Scientology has been a defining aspect of his public persona.
In addition to his career and legal issues, Masterson has made significant investments in real estate. He owned a home in the Hollywood Hills, which became entangled in his legal battles. Eventually, Masterson and his family relocated to Santa Ynez in Santa Barbara County, where they sought a quieter life away from the public eye. In December 2021, Masterson sold his Hollyridge Drive home for $6.2 million, marking a significant chapter in his financial journey.
Conclusion
Danny Masterson’s net worth of $8 million reflects a career that has seen both success and controversy. From his early days as a child model to his breakout role in “That ’70s Show” and his subsequent legal troubles, Masterson’s life has been a rollercoaster of highs and lows. While his financial standing remains substantial, his recent conviction and the resulting prison sentence have cast a long shadow over his legacy.
As Masterson serves his sentence, his future in the entertainment industry remains uncertain. However, his contributions to television and his impact on pop culture through his role as Steven Hyde will continue to be remembered by fans of “That ’70s Show.”