Fred Savage has managed to remain a household name in Hollywood throughout his nearly 40-year career. Jumping into stardom at only nine years old with his break-out performance in the hit 80s television show The Wonder Years. Fred instantly charmed his way into the hearts of the audience. Soon he, along with his younger brother Ben, took the entertainment world by storm, which has helped him accumulate an impressive bank account. Sources estimate Savage’s net worth to be at least $30 million dollars as of September 2022; and while most fans know Savage for his parts in front of the camera, a large portion of his net worth has been accumulated during his time directing and producing television shows.Let's take a look into what projects actually allowed Fred the opportunity to amass his fortune, the answers may surprise you!
- 8 Fred Savage Made Millions During The Wonder Years
- 7 Fred Savage's Love Letter To Pepsi Made Him At Least $1 million
- 6 Voice Acting Helped Add To Fred Savage's Bank Account
- 5 Modern Family Was A Huge Win For Fred Savage
- 4 Producing Adds Immensely To Fred Savage's Net Worth
- 3 Talk Show Appearances Help Fred Savage Rake In The Big Bucks
- 2 Netflix Helped Increase Fred Savage's Net Worth Immensely
- 1 The Wonder Years Reboot Gave Fred Savage A Way To Cash In On Nostalgia
8 Fred Savage Made Millions During The Wonder Years
Starring in The Wonder Years really set the money ball rolling for Fred Savage. While the actual salaries of the cast have never been disclosed, by taking an estimate from fellow child actors' salaries at the time, it can be assumed that Fred Savage made anywhere between $10,000 to $20,000 an episode.
Adjusted for inflation, that means Fred Savage was making at least $54,000 per episode.
The Wonder Years ran for six seasons from 1988 to 1993, totaling out in 112 episodes. Even without taking any type of raise into account, you can estimate that Savage made a minimum of $6 million during his time on The Wonder Years. Not too shabby, especially considering he was only 16 when the show ended.
7 Fred Savage's Love Letter To Pepsi Made Him At Least $1 million
After The Wonder Years premiered, Fred Savage became a sought-after child actor. He was a certified Hollywood star in his own right, being cast in feature-length films, TV shows, and commercials.
In 1990, during the height of his newfound popularity, he was offered a starring role in a Pepsi commercial - and not just any Pepsi commercial either, the Pepsi commercial that was to be featured during the 1990 Super Bowl.
Super Bowl commercial airspace has always been valuable real estate. The average cost in 1990 for a spot was $700,400. Adjusting for inflation and depending on how his contract was finalized, Fred Savage brought in anywhere between $500,000 to $1 million for the gig.
6 Voice Acting Helped Add To Fred Savage's Bank Account
From 2001 to 2003 Fred Savage voiced the character Oswald on the hit children's tv show of the same name on Nickelodeon. The show became incredibly popular during its three-season run. We can't say for certain just how much Fred Savage made during his tenure as Oswald, but you can rest assured it helped cushion his bank account.
5 Modern Family Was A Huge Win For Fred Savage
Fred Savage pivoted to directing in the later years of his career. The seasoned actor notably directed 14 episodes of the ABC hit sitcom Modern Family over the course of its 11 seasons. One of Fred Savage's episodes was even nominated for a Director's Guild of America award.
Given that the series was the highest-rated sitcom on television at the time, guest directors on the show made good money for their time working there. For 14 episodes, it's estimated that Fred Savage made between $700,000 to $1 million.
4 Producing Adds Immensely To Fred Savage's Net Worth
As he became more involved behind the camera, Fred Savage began producing projects as well. His first production venture came in 2005 when he joined Disney Channel's Phil Of The Future as a producer.
He's credited as a producer for 22 episodes, directing a handful of the episodes he produced as well. His work didn't go unnoticed, with Fred Savage soon becoming a welcomed addition to the production team over at It's Always Sunny in Philadelphia.
While it's not known exactly how much Fred Savage made while producing these shows, you can be sure a large portion of his net worth is made up of his earnings from his producing ventures.
3 Talk Show Appearances Help Fred Savage Rake In The Big Bucks
Over the years Fred Savage has been featured on nearly every late-night talk show. He has 75 credits for self-appearances on his IMBD page, ranging from presenting at the Primetime Emmy Awards to co-hosting Live With Kelly and Ryan.
There's no way to no for sure just how much Fred Savage made during his appearances, as he's rather discreet about his finances and contractual needs, but you can be certain the total he's earned over the lifetime of his appearances is between six and seven figures.
2 Netflix Helped Increase Fred Savage's Net Worth Immensely
Joining the cast of Netflix's Friends From College not only helped Fred Savage stay in the mainstream, the gig surely helped cushion his bank account as well. While the show only ran for two seasons, the minimum that Netflix actors reportedly get paid per season is around $150,000. Considering Fred Savage is a household name in television, you can assume his payout was higher than average.
1 The Wonder Years Reboot Gave Fred Savage A Way To Cash In On Nostalgia
The team behind The Wonder Years reboot had been looking for the right way to bring the show back, and having Fred Savage as a part of that team seemed was a pivotal piece in that plan. He was asked back as an executive producer, and even directed some episodes, the pilot included. The show began airing on ABC and streaming on Hulu in 2021.
Fred was asked back in the same roles for season 2, however allegations of misconduct on set against him elicited the termination of his contract in May 2022. So while he definitely secured some money, the jury is out on just how much Fred Savage made from his reboot work.