Rob McElhenney's net worth after investing millions in Alpine F1

After his 2023 multimillion-dollar investment in Formula One’s Alpine team, Rob McElhenney’s net worth is now estimated at $50 million. The actor and producer credits his success to consistency and meaningful collaboration, saying:

It's not magic...just putting one foot in front of the other, getting the work done, and aligning yourself with the right people.

Key takeaways

• In 2023, Rob McElhenney joined a $218 million investor group that secured a 24% stake in Alpine F1.
• He and Ryan Reynolds purchased Wrexham AFC for $2.5 million in 2020 via RR McReynolds Company.
• In 2022, he launched Adim Entertainment to develop community-owned digital characters through Web3 technology.

Profile summary

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Rob McElhenney's net worth is about $50 million

According to Celebrity Net Worth and Investopedia, the Hollywood actor and producer has an estimated net worth of $50 million following the June 2023 Alpine F1 investment. The $218 million deal involved Otro Capital, RedBird Capital Partners, and Ryan Reynolds’ Maximum Effort.

Rob McElhenney and Michael B. Jordan joined the group as co-investors, contributing to a combined 24% equity stake in the team. In a statement on Renault Group’s media site, CEO Luca de Meo said:

Formula 1 and Alpine are strategic assets for Renault Group...This partnership will accelerate Alpine F1 development by diversifying revenue drivers and increasing brand value.

Why is Rob McElhenney so rich?

The American actor built his wealth through television success, sports ownership, and various business ventures. Here is a breakdown of his earnings:

He co-created and stars in It’s Always Sunny in Philadelphia

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Premiering in 2005, It’s Always Sunny in Philadelphia is the longest-running scripted live-action comedy in American TV history. It is widely regarded as one of Rob McElhenney’s most influential shows.

He co-created the series and stars as Ronald “Mac” McDonald alongside Kaitlin Olson, Charlie Day, and Glenn Howerton across 17 seasons.

How much does Rob McElhenney make per episode?

In the first season of It’s Always Sunny in Philadelphia, Rob McElhenney's salary per episode was $7,500, earning him roughly $50,000 for the seven-episode first season.

At the time, FX Networks head John Landgraf offered him partial ownership of the show in exchange for lower pay. As Rob told Variety:

[He said] 'We’ll give you meaningful ownership of the show. We won’t pay you very much for quite a long time, and we’ll see if we can gain an audience.' And it worked out pretty well!

His fortune spans decades in acting, producing, and writing

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As listed on his IMDb profile, Rob McElhenney has built a decades-long career as an actor, producer, and screenwriter. He co-created and stars as Ian Grimm on the Apple TV+ comedy series Mythic Quest.

He is also known for Mean Jean, Living Loaded, and the Emmy-winning documentary series Welcome to Wrexham.

Rob McElhenney is co-owner of Wrexham AFC

In November 2020, Hollywood stars Rob McElhenney and Ryan Reynolds announced the $2.5 million acquisition of Welsh football team Wrexham AFC.

Under their ownership, the club has earned promotion to the Championship, and McElhenney told The Independent he hopes for even greater success:

If you can theoretically get to the Premier League...why not dream big? I hope everyone recognises we are here for the right reasons. Some clubs have gone from the National League to the Championship. We want to go a bit further.

He launched the Web3 studio Adim in 2022

Aside from Rob McElhenney's F1 investment, the TV star has also expanded into tech. In June 2022, he co-founded the Web3 entertainment studio Adim. During an interview with Businesswire, he explained their vision, saying:

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Adim is building for the next evolution of these groups - communities of creators, writers, artists, designers, developers, fans, and friends working together to create and own a new generation of content.

How much is Rob McElhenney’s house worth?

In 2008, the actor and his wife, Kaitlin Olson, purchased a four-bedroom gated home in Sherman Oaks for $2.1 million.

They reportedly sold the property in 2018 for $2.5 million before relocating to Brentwood. The Things notes that the couple purchased Philadelphia’s former Skinner’s Bar in 2009 and renamed it Mac’s Tavern.

Frequently asked questions

1. How much money does Rob McElhenney make? The actor earns through TV, sports ownership, and business ventures, totalling roughly $50 million.
2. How much are Wrexham owners worth? The duo holds about $400 million combined, with Ryan Reynolds at $350 million and his partner at $50 million.
3. What is Rob McElhenney's net worth after the Wrexham purchase? The television creator is worth around $50 million following the club’s acquisition.
4. What is Kaitlin Olson's net worth? The actress shares an estimated $50 million combined fortune with her spouse.

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Conclusion

Rob McElhenney’s net worth stands at $50 million following his investment in Alpine F1. The Hollywood actor continues to grow his wealth through strategic ventures in entertainment, technology, and global sports.

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While acting contributes to Joe Alwyn’s net worth, he still cashes in on royalties from a few songs he co-wrote and co-produced with Swift.

Source: Briefly News