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What’s Going To Happen To Matthew Perry’s $120 Million Estate?

via ABC

Matthew Perry, known for his role in the TV show “Friends,” passed away at the age of 54. His estate is expected to go to his parents, as he was unmarried and had no children.

The cause of death is still unknown. Perry earned a significant amount of money throughout his career, including $1 million per episode in the last season of “Friends” and millions annually in syndication income.

The Hollywood star struggled with substance abuse during his fame, reportedly spending over $9 million on his addiction battle.

“I could handle it, kind of. But by the time I was 34, I was really entrenched in a lot of trouble,” he said.

“But there were years that I was sober during that time. Season 9 was the year that I was sober the whole way through. And guess which season I got nominated for best actor? I was like, ‘That should tell me something.'”

“The fact that I would trade it all to not have this disease is true,” he later pressed. “But I don’t belittle how fun the experience has been on ‘Friends.’”

“And the money was amazing. Just the creative experience of being on the show probably saved my life.

“When you’re making a million dollars a week, you can’t drink the 37th drink. You have to go home and go to sleep. .… That was the greatest job in the world.”

Perry wrote a memoir about his experiences, which became a bestseller after his death.

“He makes about $20 million annually in residuals, the entire cast makes that,” entertainment lawyer Tre Lovell said of the “Friends” stars, “and that will continue for however long the shows continue to replay.

“Residuals will continue after somebody’s death. It’s like an obligation that is paid to the actor and will continue to his heirs.”

Perry’s legacy includes the establishment of the Matthew Perry Foundation to support those struggling with addiction.

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