Ty Burrell’s Net Worth: From ‘Modern Family’ to Real Estate Mogul

Introduction: The Rise of Ty Burrell

Ty Burrell, the Emmy-winning actor best known for his role as the lovable and quirky Phil Dunphy in the hit ABC sitcom “Modern Family,” has captivated audiences with his comedic talent and relatable charm. But beyond the laughter and on-screen antics, lies a successful career, lucrative investments, and a steadily growing net worth. This article delves into the financial success of Ty Burrell, exploring his career, ventures, and how he amassed his impressive wealth.

Ty Burrell’s Net Worth: A Financial Overview

As of late 2023, Ty Burrell’s estimated net worth stands at a remarkable $26 million. This figure reflects his earnings from acting, endorsements, and successful business ventures. The majority of Burrell’s wealth is attributed to his role in “Modern Family,” where he became a household name and commanded a substantial salary. However, he has also diversified his income through investments, restaurant ownership, and other entrepreneurial endeavors.

‘Modern Family’ Salary: How Much Did Phil Dunphy Earn?

The role of Phil Dunphy in “Modern Family” was undoubtedly a career-defining moment for Ty Burrell. His portrayal of the enthusiastic and optimistic realtor resonated with viewers, earning him critical acclaim and numerous awards. The financial rewards of the role were equally significant.

• Initial Earnings: Between 2014 and 2018, Burrell earned a substantial $190,000 per episode.
• Salary Increase: In later seasons, his salary was increased to $500,000 per episode, reflecting the show’s popularity and his contribution to its success.
• Total Season Earnings: At the peak of his run, Burrell was making approximately $12 million per season.

This significant salary, combined with syndication royalties and other income streams, played a crucial role in building his substantial net worth.

Early Life and Education: The Making of an Actor

Born Tyler Gerald Burrell on August 22, 1967, in Grants Pass, Oregon, Ty’s early life provided a foundation for his future success. He was the son of Sheri Rose, a teacher, and Gary Gerald Burrell, a family therapist. Growing up in Applegate, a small town near the California border, Burrell developed a strong work ethic and a diverse set of interests.

• High School: He played football at Hidden Valley High School.
• Higher Education: He graduated from Southern Oregon University with a bachelor’s degree in theater arts in 1993. He continued his education and earned an MFA from Penn State University.
• Early Work: To fund his education, Burrell worked as a bartender at the Oregon Shakespeare Festival. He also honed his acting skills as a member of the Theater 100 Company at Penn State, alongside comedian Keegan-Michael Key.

Career Beginnings: From Stage to Screen

Before achieving mainstream success, Ty Burrell built a strong foundation in theater. His early career involved stage performances and smaller roles, which helped him refine his craft and gain valuable experience.

• Early Stage Work: Burrell was an actor at the Utah Shakespeare Festival in 1999.
• Film Debut: His first film roles came in 2001, with appearances in “Black Hawk Down” and “Evolution.”
• Other Film Appearances: He appeared in various films, including “Dawn of the Dead” (2004), “National Treasure: Book of Secrets” (2007), and “The Incredible Hulk” (2008), which gradually increased his exposure and experience.
• Broadway and Off-Broadway: He also took on roles in Broadway’s “Macbeth” and off-Broadway plays such as “Show People” and “The Blue Demon.”
• Television Roles: He guest-starred on “Law & Order: SVU” and had a role in Christopher Lloyd’s CBS sitcom “Out of Practice” (2005-2006).

‘Modern Family’ and Breakthrough Success

Ty Burrell’s breakthrough role came in 2009 when he was cast as Phil Dunphy in the ABC sitcom “Modern Family.” The show quickly became a critical and commercial success, catapulting Burrell to stardom. His portrayal of the well-meaning, albeit sometimes clueless, real estate agent won the hearts of audiences worldwide.

• Critical Acclaim: His performance was widely praised by critics, earning him multiple award nominations and wins.
• Commercial Success: “Modern Family” ran for 11 seasons (2009-2020), becoming a staple of American television.
• Endorsements: Burrell reprised his Phil Dunphy character in commercials for the National Association of Realtors, further capitalizing on the show’s popularity.
• Legacy: The show’s success allowed Burrell to establish his own production company, Desert Whale Productions, in 2020, furthering his influence in the entertainment industry.

(Photo by Jason Merritt/Getty Images)

Business Ventures: Beyond Acting

Burrell has proven to be a savvy entrepreneur, diversifying his income through various business ventures. These investments have contributed to his overall net worth and demonstrate his financial acumen.

• The Eating Establishment: He opened a restaurant in Park City, Utah, demonstrating his interest in the culinary world.
• Bar X and Beer Bar: Burrell owns two popular bars in Salt Lake City, which are connected to each other, indicating his presence in the hospitality industry.
• Tip Your Server: During the COVID-19 pandemic, he co-founded a crowd-sourcing online fund called “Tip Your Server” to support out-of-work wait staff in Utah.

Accolades and Recognition: The Awards He’s Won

Ty Burrell’s exceptional acting skills have garnered him numerous awards and nominations, reflecting his talent and contribution to the entertainment industry.

• Primetime Emmy Awards: He was nominated eight times for Outstanding Supporting Actor in a Comedy Series (2010-2017) and won the award in 2011 and 2014 for his role as Phil Dunphy in “Modern Family.”
• Screen Actors Guild Awards: He received nominations for his performance as Phil Dunphy. He won a SAG Award in 2014, breaking Alec Baldwin’s seven-year winning streak. Burrell also shared the SAG Award for Outstanding Performance by an Ensemble in a Comedy Series with his “Modern Family” co-stars.
• Other Nominations: He was nominated for a 2017 Emmy for Outstanding Actor in a Short Form Comedy or Drama Series for his web series “Boondoggle.”

Personal Life: Family, Interests, and Philanthropy

Beyond his professional achievements, Ty Burrell’s personal life reveals his values and interests. He has been married to his wife, Holly, since 2000, and they have two adopted daughters.

• Family: Burrell and his wife, Holly, have been married since 2000, demonstrating a long-lasting relationship. They have two adopted daughters.
• Residences: They have lived in multiple locations, including New York City, Salt Lake City, and Southern California.
• Interests: He is a fan of the New York Mets, Oregon Ducks, Los Angeles Rams, and Portland Trailblazers.
• Philanthropy: His creation of the “Tip Your Server” fund showcased his commitment to supporting those in need, especially during challenging times.

Real Estate Holdings: Ty’s Property Portfolio

Ty Burrell has invested in real estate, further solidifying his financial position.

• Cheviot Hills Mansion: In February 2017, he purchased a $4.2 million mansion in LA’s Cheviot Hills neighborhood.
• Culver City Penthouse Sale: Around the time of the mansion purchase, he sold his penthouse apartment in Culver City, California, for $1.4 million.
• NYC Apartment: They still own their two-bedroom apartment in NYC’s Astoria neighborhood.

Conclusion: The Enduring Legacy of Ty Burrell

Ty Burrell’s journey from a theater student to a celebrated actor and entrepreneur is a testament to his talent, hard work, and business acumen. His portrayal of Phil Dunphy has left an indelible mark on television history, and his successful business ventures and real estate investments have solidified his financial standing. With a net worth of $26 million, Ty Burrell stands as a successful and respected figure in the entertainment industry, continuing to inspire and entertain audiences worldwide.