It was a smash-hit that was virtually guaranteed. Spinning off from one of the most adored ‘80s shows, Frasier went on to become an equally beloved fixture of the ‘90s.
Audiences couldn’t get enough of Kelsey Grammer as Dr. Frasier Crane during his time on Cheers, leading NBC to give the psychiatrist his own series.
The gamble paid off: Frasier ran for a massive 11 seasons from 1993 to 2004.
However, the laughter finally ended, reportedly due to the cast’s soaring pay packets.
According to media reports, the stars’ salaries became so high that NBC could no longer justify the expense, forcing the cancellation of the iconic show.
From record-breaking paycheques to multimillion-dollar real estate transactions, here’s a look at the net worths and property moves of the Frasier cast.
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Frasier ran from 1993 to 2004.
Kelsey Grammer (Dr. Frasier Crane)
Estimated Net Worth: $US80 million ($A122 million)
Kelsey Grammer quickly became one of the highest-paid actors on television.
By the final two seasons of Frasier, the X-Men 3 star’s salary reportedly reached $US1.6 million ($A2.5 million) per episode, setting a record for TV actors at the time.
The Emmy-winner made around $US2 million ($A3.1 million) per episode on the show’s reboot.
Grammar’s shrewd real estate investments outside of acting have only added to his fortune.
In 2002, The Boss actor purchased a ski-in-ski-out mansion in Avon, Colorado for $US5.3 million ($A8 million). He later sold this property in 2013 for $US6.6 million ($A10 million).
Grammer snapped up a $US13.7 million ($A21 million) California. A year later, he listed the Holmby Hills property for sale for $19.9 million ($A30.3 million).
In 2017, the TV star sold his New York City condo for $US7.95 million ($A12.1 million) after initially listing it for $9.75 million ($A14.8 million).
Kelsey Grammer (left) made around $US2 million per episode on Frasier’s reboot. Picture: Paramount+
Grammer purchased a Beverly Hills mansion for $US6.5 million ($A9.9 million) in 2012, selling it a year later for $6.6 million ($A10 million).
The Cheers alum previously owned a large mansion in Kailua, Hawaii on a golf course within a gated community. He sold this property in 2014 for $US10.2 million ($A15.5 million).
When The Expendables 3 star and third ex-wife Camille Grammer finalised their divorce in 201, she received an estimated $US30 million ($A45 million) worth of cash and real estate assets, including a house in Malibu.
The former Real Housewives of Beverly Hills later sold the sprawling estate for $US13 million ($A19 million).
In 2017, the TV star sold his New York City condo for $US7.95 million. Picture: Realtor
Grammer’s Hollywood success stands in stark contrast to a deeply tragic personal life.
In a string of tragedies Grammer faced his first loss when he was aged 13 following the sudden death of his father, who was shot and killed.
By the time he was 19, he faced another horrific incident after his 18-year-old sister Karen, was raped and murdered, according to US Weekly. Then in 1980, Grammer faced two more family deaths, losing his younger half-brothers in a scuba diving incident, the publication reported.
“My dad was gunned down at his home at the age of 38,” he said in a public announcement.
“[The assailant] lit a ring of fire around his house and as my father came down to investigate what was going on, he shot him … several times and Dad died,” Grammer told New York Post in 2001.
“I miss her in my bones,” Grammer told his sister’s killer at his parole hearing in 2014. “I was her big brother. I was supposed to protect her. I could not — it very nearly destroyed me.”
Grammer’s life hasn’t been total tragedy, however, with the star welcoming his eighth child at age 70 in October 2025.
Camille Grammer later sold the sprawling estate for $US13 million. Picture: The Agency
David Hyde Pierce (Niles Crane)
Estimated Net Worth: $40 Million ($A60 million)
David Hyde Pierce has built a considerable fortune, thanks to his role on Frasier.
During the last two seasons of the sitcom, the actor earned $US1 million ($A1.5 million) per episode of the show.
The award-winning star has also made savvy property investments.
In 2003, Pierce forked out $US3.6 million ($A5.4 million) for a mansion in the Los Feliz area of Los Angeles. He sold the seven-bedroom estate for $US7 million ($A10.6 million) in 2012.
The property features a library, theatre, gym, swimming pool and guesthouse.
That same year he offloaded his Los Angeles pad, Pierce and his husband, David Hargrove snapped up a $US1.9 million ($A2.8 million) apartment in New York.
David Hyde Pierce has built a considerable fortune, thanks to his role on Frasier.
Pierce sold a Los Feliz estate for $US7 million ($A10.6 million) in 2012. Picture: Supplied
Jane Leeves (Daphne Moon)
Estimated Net Worth: $25 Million ($A38 million)
Jane Leeves inked a lucrative $US30 million ($A45 million) contract that would turn out to be Frasier’s last three seasons.
The three-year deal turned the Seinfeld alum into the highest-earning British actress at the time.
In 1998, Leeves and her husband, Marshall Coben, bought a $US875,000 ($A1.3 million) Malibu mansion. The four-bedroom home is said to be worth $US10 million ($A15 million).
Jane Leeves (left) inked a lucrative $US30 million contract that would turn out to be Frasier’s last three seasons.
Peri Gilpin (Roz Doyle)
Estimated Net Worth: $25 Million ($A38 million)
Peri Gilpin’s pay rose significantly over the years. For the last two seasons of Frasier, she negotiated a contract that paid her $US500,000 ($A750,000) per episode.
It was a huge increase from the estimated $US150,000 ($A227,000) the actress earned per episode for the previous several seasons.
Gilpin and her husband Christian Vincent have an extensive real estate portfolio.
In 2003, the couple sold a West Hollywood property for $US1.3 million ($A1.9 million).
The pair unloaded another property in Beverly Hills for $US5.6 million ($A8.4 million) in 2007.
Gilpin reportedly snapped up a Malibu cottage in 2010 for $US3.5 million ($A5.3 million). The home was sold in 2013 for $US4.25 million ($A6.4 million).
That same year, the TV bought a $2.5 million ($A3.7 million) Malibu residence. It was last listed for sale in 2017 for $US3.8 million ($A5.7 million).
Peri Gilpin has have an extensive real estate portfolio.
Gilpin sold a Malibu cottage in 2013 for $US4.25 million. Picture: Supplied
John Mahoney (Martin Crane)
Estimated Net Worth at time of passing: $US16 million ($A24 million)
Like Gilpin, the late John Mahoney negotiated a deal that paid him $US500,000 ($A750,000) per episode for the last two seasons of Frasier
The actor earned an estimated $US150,000 ($A227,000) per episode for the previous several seasons.
John Mahoney left behind a fortune of $US16 million.
Despite his wealth, the English-American star was reportedly frugal. He lived in a modest Santa Monica apartment while filming Frasier.
At the time of his 2018 death, Mahoney lived in a Chicago condo worth around $US300,000 ($A450,000).
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