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Danny Masterson's net worth: Bijou Phillips's ex's primary source of income is a 'grapes and wine' farm

2023-09-28 20:16
Danny Masterson's listed liabilities are 'lawyer bills, mortgage, credit cards'
Danny Masterson's net worth: Bijou Phillips's ex's primary source of income is a 'grapes and wine' farm

Full NameDaniel Peter Masterson
Age47
Date of BirthMarch 13, 1976
Place of BirthNassau County, New York
Height5 ft 10 in (178 cm/ 1.78 m)
Weight 75 kg (165 pounds)
Net Worth$8 million
SpouseBijou Phillips (m. 2011; sep. 2023)
Children 1 Daughter Fianna
Criminal StatusConvicted

LOS ANGELES, CALIFORNIA: Danny Masterson, born Daniel Peter Masterson, has an estimated net worth of $8 million, according to CelebrityNetWorth, with his principal source of "stable" income reportedly being a "grapes and wine" farm.

According to a report created by his parole officer, the 'That '70s Show' star's "grapes and wine" farm in Santa Ynez Valley is his main source of income, which is still seen as "stable" despite regular payments on a mortgage, credit cards, and legal fees.

A Los Angeles judge sentenced the actor to 30 years to life in prison earlier this month after finding him guilty of raping two women.

Danny Masterson's life and finances

Bijou Phillips's ex-husband's temporary probation officer had created a report prior to that hearing that recommended state prison and contained information about his life and finances.

Journalist Meghan Cuniff obtained a copy of the report, which was then posted on the Scientology blog Underground Bunker on Wednesday, September 27.

"The defendant reported he is an actor and producer," the document said. "He related he began acting and modeling at age four."

"However, he noted he last worked as an actor/producer in 2018. He added he started a farm in 2018 and continues to earn income from the farm."

What did Danny Masterson's longtime wife Bijou Phillips say in her plea?

The actress Bijou Phillips, Masterson's long-term wife, stated in her plea agreement with the sentencing judge that when her husband was initially charged in 2017, he worked frantically to establish "6,000 vines" and study the wine industry, presumably to ensure that his family would be taken care of in any situation.

After Masterson received his sentence, Phillips filed for divorce, but this was allegedly seen as an attempt to save their joint assets.

One of many who defended Masterson's character in the hope of a light sentence that never came about -- Masterson was given the maximum punishment -- Phillips stated in the letter, "He toiled long days on the land to make it profitable for our family."

"The defendant noted the farm produces grapes and wine,” the pre-sentencing probation report said.

"The defendant was uncertain of his monthly income. He said he would have to consult with his financial manager and review financial records."

What is Danny Masterson's secondary income source?

Although no sums were given, the probation officer described Masterson's income as "stable," with the farm serving as the main source and "acting residuals" noted as an additional source of income.

What are Danny Masterson's listed assets?

The ranch, which according to Phillips is located in the Santa Ynez Valley where the film 'Sideways' is set, the farm, investments, and three vehicles were among the assets listed, per The Wrap.

What are Danny Masterson's listed liabilities?

Danny Masterson's listed liabilities are "lawyer bills, mortgage, credit cards."

"[Masterson] related he earns income from his farm and he receives residuals from his time working as an actor," the officer noted.

"He was unable to provide exact figures regarding his major assets and liability. He reported his financial status is stable, and he continues to provide financial support for his family."

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