Matthew Perry's personal wealth stood at $1.5M when he died
Matthew Perry's personal wealth stood at $1.5million when he died and he owned no property in California at the time - but the Friends star did have a $120million trust fund with his family and ex-girlfriend Rachel Dunn as beneficiaries. Perry - who died from a ketamine overdose aged 54 on October 28, 2023 - created a will in 2009 saying he wanted to leave 'a majority of his belongings' to the Alvy Singer Living Trust he created, named after Woody Allen's 1977 Annie Hall character.
The beneficiaries are listed as the star's father John Perry, mother Suzanne Morrison (pictured together), half-sister Caitlin Morrison and his ex-girlfriend Rachel Dunn, who he dated from 2003 to 2005. Previous documents listed the value of the star's personal property as a 'little over $1million' - this money is what his executors found as additional assets that are not already in his private trust. Perry was worth an estimated $120million.
But new court filings from last month now show that Perry's personal property was worth more than expected, as an inventory and appraisal document shows a balance of $1,596,914.47, the U.S. Sun reports. This is in addition to what co-executors Lisa Ferguson and Mike Myers' ex-wife Robin Ruzan (pictured), who worked on game show Celebrity Liar with Perry in the 2010s, previously put into the living trust.
The Chandler Bing actor - who starred on Friends from 1994-2004 - made a reported $20million a year in residuals from the show. Perry's parents will likely take on his acting royalties as well as other parts of his estate which includes his 2022 memoir, according to Day Pitney trusts and estates partner Tasha Dickinson.
On the other beneficiary, Rachel Dunn (pictured together), Perry wrote in his memoir that she was 'the ex-girlfriend of his dream.' The two ended things around the time Friends wrapped and Perry included her in her will in 2009, four years after their breakup. 'There was no drama involved (in the breakup), just a commitment by Matthew to stay focused on his sobriety,' a source close to the former couple told People at the time.
He had dated famous ladies as well - including Julia Roberts , Neve Campbell, Natasha Wagner and Lizzy Caplan - but they were not in the will. The recently filed documents state that Perry owned no real property in California when he died and the $6million Pacific Palisades home where he died is reportedly still in trustee Ferguson's name. It is understood to not have been sold yet.
A house in the Hollywood Hills, which Perry had bought under his Alvy Singer LLC before his death, recently went up for sale for $5,195,000. He bought the three bed four bath property, which sprawls over 2,566 square feet on a 9,622 square foot lot and was fully furnished, for $4,995,000 on May 31, 2023. The stunning home perches in the hills above the iconic Sunset Strip and boasts a classic look, with walls of glass surrounding a sun-filled patio at the center of the property.
His Pacific Palisades home was reportedly being renovated around the time of his death last year and he had been renting a three-bed home overlooking Beverly Hills for $49,000 per month while the renovations were ongoing. The star, who died without ever having children, had also made a distinction in his will that any kids he may have after 2009 were not 'explicitly entitled' to his fortune.
Perry died from the 'acute effects of ketamine' and drowning, his autopsy revealed - with the actor having similar quantities of ketamine in his system as a hospital patient under general anesthetic. 'The County of Los Angeles Department of Medical Examiner determined the cause of death for 54-year-old actor Matthew Langford Perry as the acute effects of ketamine,' the Los Angeles coroner's office said. 'Contributing factors in Mr. Perry's death include drowning, coronary artery disease, and the effects of buprenorphine (used to treat opioid use disorder). The manner of death is accident.'
Perry was found face-down in the hot tub, which adjoins the swimming pool at his Los Angeles home at 4.17pm on October 28, stunning the world of showbiz and breaking the hearts of fans worldwide. He had been receiving ketamine infusion therapy as treatment for depression, the medical examiner reported - but the last session was a week and a half before he died, and the ketamine is only in your system for three to four hours, which means it did not lead directly to his death. 'At the high levels of ketamine found in his postmortem blood specimens, the main lethal effects would be from both cardiovascular overstimulation and respiratory depression,' the medical examiner, Raffi Djabourian, concluded.
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