Patrick Dempsey is an actor who has charmed a wide audience with his looks and terrific acting skills. Despite being in the spotlight for his roles in the late 1980s and 90s, the hunk racecar driver only became a movie star in the 2000s when he garnered mainstream attention for playing Dr. Derek “McDreamy” Shepherd in 244 episodes of the medical drama TV series, Grey’s Anatomy.
Through the role that lasted for more than nine years, Dempsey’s wealth increased and he continued to augment it in subsequent years, playing roles in box office hit movies such as Bridget Jones’s Baby (2016). Beyond achieving fame and wealth from his acting career over the years, the multi-talented actor has elevated his financial value through other endeavors like being a racecar driver.
A Synopsis of How Patrick Dempsey Makes His Money
With a net worth of $60 million, many people often wonder how Patrick Dempsey has been able to amass such tremendous wealth. Well, it’s worth noting that the TV star is not only into acting. He is also a film director and producer who has over nine directorial and production credits to his name. He is additionally a racecar driver, an entrepreneur, and a brand ambassador. Below is a breakdown of how the actor acquired his wealth.
Paychecks From His Acting Career
Kicking off his acting career in 1985 by portraying the character of Robert in the American comedy-drama film Heaven Help Us, Patrick Dempsey moved on to star in over 60 movies and TV series in subsequent years. Some of these were commercially successful, as such, the award-winning actor has walked away with heavy paychecks for his roles.
In 2005, Dempsey gained his career breakthrough role as Dr. Derek “McDreamy” Shepherd and went on to play the character for eleven seasons (2005-2008). Following the success of the medical drama series, Patrick Dempsey was reportedly paid $350,000 per episode of the final season. Then in 2007, the Lewiston native was featured in a blockbuster movie titled Enchanted. The romantic comedy film made a whopping sum of $340 million from the box office against its production budget of $85 million.
Three years later, Dempsey starred in another box office hit, Transformers: Dark of the Moon, which garnered a staggering $1.124 billion from a budget of $195 million. The movie eventually became the 27th highest-grossing film of all-time and the highest-grossing film in the Transformers series. The Made of Honour actor recorded another heavy payday from his role as Jack Qwant in the 2016 film Bridget Jones’s Baby; it grossed over $211 million worldwide.
Working as a film director and producer, Patrick Dempsey has been credited with Ava’s Magical Adventure (1994), Flypaper (2011), The Peloton Project (2014), The Truth About the Harry Quebert Affair (2018), Micronesia Blues (2019), Hurley (2019), The Art of Racing in the Rain (2019), among others.
Income From Auto Racing
In the auto racing front, Dempsey has competed in several sportscar championship series. In 2009, he finished 9th in the 24 Hours of Le Mans’s GT2 Class. Two years later, he competed in the GT class of Rolex 24 at Daytona and finished third. He has also participated in the American Le Man’s Series, Continental Tire SportsCar Challenge, and the FIA World Endurance Championship.
After several years of competing in the 24 Hours of Le Mans events, the film director registered his best finish ever in the year 2015, when he finished 2nd.
Profits From His Entrepreneurial Pursuits
Dempsey is the co-founder of the Dempsey Racing Team, as well as the co-founder of Vision Racing Indy Car Series. He also owns a company called Global Batistas and has been producing a line of men’s fragrance. Morso, he has a clothing line for a fashion brand based in Malibu, Bleusalt.
The actor has served as an ambassador for brands such as Versace, L’Oréal, and Silhouette while making appearances in commercials for Vodafone Italy, Mexican cable operator Megacable, as well as Mexico City’s Cablevisíon. The earnings and profits he has made from all of these have gone a long way to make him wealthier.
A Close Look at The Actor’s Expenditures
Following the diagnosis of his mother Amanda Casson with cancer in 1997, the director founded the Patrick Dempsey Center located at Central Maine Medical Center, Lewiston. He has funded the center through his earnings and equally through the fundraising annual sports event titled The Dempsey Challenge. The event raised over $1 million in the year 2009 when it was first introduced.
In 2016, Patrick Dempsey and his wife decided to celebrate their reconciliation after going through a divorce scare with a $6.4 million house in Malibu. Located in the mountainous Serra Retreat enclave, the 4,415 sq feet home has 4 bedrooms and 4 bathrooms. A short drive away from the beach, its spacious exteriors include a lighted lawn tennis court and an extensive saltwater pool with a nearby hot tub. The couple also owns a $2 million luxury manse in Venice, Italy.
The Valentine’s Day actor additionally has an extensive vintage and sports car collection. They include Porsche 356 Speedster, Porsche 911 RSR, Ferrari F430 GT2, Mazda RX-8 GT, Porsche 911 Targa, 1982 Porsche 911 SC, Mercedes-Benz SLS AMG, Jaguar E-Type Coupé, Ferrari Daytona, Mercedes-Benz 280SE, Jaquar XK120, and others.
Tidbits About Patrick Dempsey’s Marriage
At the age of 21, the famed racecar driver got married to actress Rochelle “Rocky” Parker who also worked as his manager and was 48 years old at the time of the marriage. Later in 1994, the two signed divorce papers. After separating from his first wife, Patrick Dempsey came in contact with Jillian Fink at a hair salon. The hairstylist gave the actor haircuts for three years before they became romantically involved.
After dating for three months, the pair became a live-in couple and subsequently tied the knot on July 31st, 1999 at Dempsey’s farmhouse situated in Maine. Afterward, the couple expanded their small circle with the arrival of a daughter named Tallulah Fyfe Dempsey on February 20th, 2002. Several years later, precisely on the 1st of February 2007, the businessman and his wife welcomed a set of twin sons named Sullivan Patrick Dempsey and Darby Galen Dempsey.
The lovely couple has been married for more than twenty years now, though the road has not been rosy all through. In January 2015, Jillian filed for a divorce from her husband of almost 16 years, citing irreconcilable differences. She equally asked for joint custody of the kids alongside spousal and child support. With a deep concern to make things work out between them, Patrick Dempsey and his spouse started going for counseling sessions.
Consequently, the actor made his family his major priority as his profound love for auto racing was speculated to have wrecked his home at the time. The couple eventually worked on their differences and as a result of that, their love for each other waxed stronger and they have continued living as man and wife since then, with Jillian filing for the dismissal of their divorce papers on the 4th of November 2016.
Later in 2018, the two revisited the spot where they exchanged vows in 1999 to celebrate their 19th wedding anniversary. Interestingly, Jillian Dempsey has been credited by her husband as the main force behind his successful career. He stated that without the blonde beauty, his career wouldn’t be where it is today.
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What Jillian Dempsey Does for a Living
Patrick Dempsey’s wife is a renowned celebrity makeup artist and hairstylist who has done makeovers for movie stars such as Naomi Watts, Bradley Cooper, Kristen Stewart, Emily Clarke, and of course, her hubby Dempsey. She is the founder of a cosmetics line called Delux Beauty, as well as the owner of Fyfe Beauty, a subscription-based makeup-education app.
Through her career as a makeup artist, she has been able to grow her wealth to $5 million. Not long after filing for divorce from Dempsey in 2015, Jillian bought herself a 5 bedroom house in Pacific Palisades for $6 million. However, after the reconciliation, she put the house back on the market and sold it to Scott Cooper for $7.6 million.