Rob McElhenney’s Net Worth (2024 Update)

Rob McElhenney’s net worth is estimated to be around $50 million. Combined with his wife, actress Kaitlin Olson, their total net worth is approximately $100 million.

Here is how he make his money.

‘It’s Always Sunny in Philadelphia’ Earnings

As a main star, creator, and executive producer of the show, McElhenney’s earnings per episode, while not exactly known, are expected to be substantial. The series, which began back in 2005, originally paid its cast about $10,000 per episode.

Over time, as the show gained popularity and success, the earnings likely increased significantly. McElhenney’s co-star and wife, Kaitlin Olson, reportedly earned $1 million per episode for a Quibi special. Together, McElhenney and Olson have amassed a combined net worth of $100 million.

Investment in Wrexham AFC

Alongside Ryan Reynolds, McElhenney made headlines with their investment in the Welsh soccer team Wrexham AFC.

Reports suggest that they bought the team for a nominal amount but committed to investing around £2 million (about $2.5 million USD) initially. This investment is not just financial but also includes their expertise in marketing and global reach, which they are using to increase the club’s profile and revenue.

Rob McElhenney Formula 1 Investment

Rob McElhenney, along with Ryan Reynolds and other investors, has taken a significant stake in the Formula 1 team Alpine. They are part of an investment group that bought a 24% equity stake in the team, which is valued at approximately $218 million.

This investment by the group, which includes Otro Capital and RedBird Capital Partners, aims to enhance Alpine’s growth plans and sporting ambitions in Formula 1. The team, valued at around $900 million after the investment, is currently ranked fifth in the Formula 1 constructor standings.

Other Ventures

Beyond these, McElhenney also earns from his roles in other film and television projects, as well as from his work as a writer and director. Additionally, his status as a public figure may bring in income from endorsements, public appearances, and other media engagements.

Rob McElhenney Houses

He and his wife, Kaitlin Olson, invested in a four-bedroom residence in Sherman Oaks, California, in 2008 for $2.1 million, which they later sold in November 2018 for $2.5 million. Currently, they reside in Los Angeles.