The unprecedented departure of Matthew Perry has plunged the world into profound sorrow. His decade-long acting career spanning the 10 seasons of the NBC sitcom, Friends, had garnered followers of him throughout his lifetime. A staple for the bad and good days, Friends was nothing less than a friend in need. It was also one of those rare series that had earned global recognition for the roles of every character it involved. Alleged reports also suggest that the Friends actors earned $20M annually in residuals.

After Matthew Perry’s abrupt farewell, there was a looming question concerning the future of the immense wealth associated with Friends.

Following Matthew Perry’s sudden demise, what happens to the annual earnings of Friends?

Just a week ago, the headlines were teemed with reports of Matthew Perry’s early departure. Fans of Chandler Bing worldwide took a moment to process this unsettling news as millions offered their heartfelt tribute to this enduring icon. After his passing, questions were left about the fate of his estate and the fortune he accumulated over the past decade. The Los Angeles Entertainment Lawyer Tre Lovell addressed the New York Post in regards to this question. He revealed that three possible options could unfold in such a case.

Lovell reported that firstly if there is a trust, it would be conducted in privacy. The second likely case would be if he had a will made to his name. In that regard, it would be administered under court authorization. And, thirdly, in case he had neither, his heirs would assume ownership of his estate. He further explained that if the third option was viable, his estate would likely go to his parents and siblings, since he had no children.

The credible chance of him contributing to a trust appears valid given he had previously established a men’s sobriety centre. 

Matthew Perry and his Perry House

Matthew Perry’s stardom is not just a credit for his portrayal of Chandler Bing. It is also a witness to his portrayal of a true human being. Perry’s struggle with substance abuse was never unknown to the world. The actor allegedly had spent over $9M to achieve sobriety. Not only was he successful, but also an inspiration to many. The Canadian actor had previously established The Perry House in the Malibu abode. It functioned primarily as a recovery center for men.

In 2015, Perry sold the center for $10.65M. However, he was planning to shift his help center to some place in Studio City or Santa Monica. He had explained that he was planning to continue to help struggling addicts, nevertheless. While his on-screen antics remained close to our hearts, his immense motivation to help people spoke loads about his character beyond the screen. Following his farewell ceremony, his co-stars also announced that they would establish “The Matthew Perry Foundation” to keep Perry’s vision alive.

What inspires you the most about Matthew Perry? Let us know in the comments below.