Trey Parker Net Worth 2024

What is Trey Parker’s Net Worth?

Trey Parker is an American author, producer, director, composer, animator and actor who has a net worth of $600 million. Trey Parker created the 2 brief movies that impressed “South Park” together with his college classmate and artistic accomplice, Matt Stone. They created “Jesus vs. Frosty” whereas they had been at school collectively. After graduating and relocating to Hollywood, they created “Jesus vs. Santa”, an unofficial sequel to their earlier mission. “Jesus vs. Santa” was an enormous hit, and ultimately discovered its approach to Doug Herzog, the CEO of Comedy Central. He invited the pair to create a sequence, and “South Park” was born. The present started airing in 1997 and it’s nonetheless a massively-profitable success.

The duo has additionally labored collectively on the movies “Cannibal! The Musical” (1993), “Orgazmo” (1997), “BASEketball” (1998), “South Park: Bigger, Longer & Uncut” (1999), and “Team America: World Police” (2004), the Comedy Central sequence “That’s My Bush!” (2001), and the net sequence “Sassy Justice” (2020–current). Matt and Trey co-created the Broadway musical “Book of Mormon,” which gained 9 Tonys and has grossed over $500 million from ticket gross sales, merchandise, and extra.

Parker voices quite a few characters on “South Park,” together with Stan Marsh and Eric Cartman, and he voiced a number of characters in “Team America: World Police” and Balthazar Bratt in 2017’s “Despicable Me 3.” He additionally performed Alferd Packer in “Cannibal! The Musical,” Joe Young in “Orgazmo,” and Joe Cooper in “BASEketball,” and he appeared within the movies “Run Ronnie Run!” (2002) and “Tales from the Crapper” (2004).

Digital Contract

Back in 2007, Matt and Trey’s Comedy Central contract was up for renewal. When the ink was dry, the duo landed a brand new deal that’s thought of unprecedented in Hollywood. The deal allowed them to create a digital hub for every thing associated to South Park, together with streaming episodes. Most importantly although, it gave them a 50% lower of all advert income generated by the present, digital or broadcast. As a results of this unprecedented contract, Parker and Stone earn an estimated $25-30 million per yr EACH simply from the printed of the present on Comedy Central. They additionally get a 50% lower any time the present is bought into syndication, like in 2015 when Hulu paid $198 million for the streaming rights or in 2019 when South Park’s streaming rights had been put available on the market for $500 million. Each transaction earned the duo a 50% lower (25% every).

An Extremely Valuable Contract Clause

How had been they capable of land such a candy deal? It all stems again to a loophole of their very first Comedy Central contract from 1997. Back then, nobody may have imagined that the digital rights to a property may ever grow to be helpful. Well, nobody besides Matt, Trey, and an especially forward-thinking lawyer. That lawyer included a clause within the unique contract which said that the creators would obtain a 50% lower of any income generated aside from the precise present’s tv broadcast. For round twenty years, that clause was primarily nugatory. That all modified with the arrival of YouTube and different video streaming platforms.

Viacom briefly tried to argue their manner out of the clause, however ultimately, Parker and Stone had been profitable in not solely proudly owning a 50% lower of non-broadcast income but in addition in having the proper to distribute the present digitally as they noticed match. Once they noticed their present being pirated continuous on YouTube, Matt and Trey determined it will be pointless to combat the pirates, so that they put each single episode on-line without spending a dime, incomes thousands and thousands from the digital advert income. They actually began to money in with the arrival of streaming providers like Hulu. When Hulu paid $192 million for 4 years of rights to the again catalogue, Matt and Trey every earned round $50 million. At the time, is was the biggest streaming deal in historical past. In 2019 when the deal was up, HBO Max obtained unique streaming rights in a deal that was rumored to be price $500 million-$550 million.

On August 5, 2021 it was revealed that Matt and Trey had signed a brand new six-year, $900 million contract with ViacomCBS. Under the deal Matt and Trey will produce six seasons of the present and 14 motion pictures which will likely be unique to streaming service Paramount+.

Merchandise

Viacom/Comedy Central was smarter when it got here to merchandise rights. From the present’s inception, Viacom has had a lion’s share of merchandise rights, reportedly as excessive as 90%. That may need been re-negotiated in latest contracts, however the present phrases haven’t been mentioned publicly.

Early Life

Trey Parker was born Randolph Severn Parker III on October 19, 1969, in Conifer, Colorado. Trey grew up with father Randy (a geologist), mom Sharon (an insurance coverage saleswoman), and older sister Shelley. Randy, Sharon, and Shelley later grew to become the names of Stan Marsh’s family on “South Park,” and Randy had a small position as Judge Jerry in “Cannibal! The Musical.” Parker took honors lessons and liked Monty Python, and as a sixth grader, he carried out a sketch he wrote, “The Dentist,” within the college expertise present. The quantity of faux blood within the sketch resulted within the college calling Trey’s dad and mom, and he remembers that “the kindergartners had been all crying and freaking out.” Parker began making brief movies at age 14, and through his later teenage years, he was interested by pursuing a music profession and recorded the comedy album “Immature: A Collection of Love Ballads For The ’80’s Man” with David Goodman, who later wrote for “South Park” and served as a “fart coach” on the 1998 episode “Terrance and Phillip in Not Without My Anus.”

When Trey was 14, he carried out in neighborhood theatre productions of “Flower Drum Song” and “The Best Little Whorehouse in Texas” and designed units for “Little Shop of Horrors.” Parker attended Evergreen High School, and by his senior yr, he “had the lead in all of the performs, and was the top of choir, after which [he] was promenade king.” After graduating in 1988, he enrolled at Berklee College of Music, and after one semester, he transferred to the University of Colorado at Boulder, the place he met Matt Stone in a movie class. Trey’s first movie was 1989’s “Giant Beavers of Southern Sri Lanka,” and round this time, he started co-writing and co-starring briefly movies with Matt, equivalent to “Man on Mars” and “First Date.” In 1993, Parker’s brief movie “American History” earned him a Student Academy Award.

Career

In 1992, Parker and Stone based the Avenging Conscience manufacturing firm with Jason McHugh and Ian Hardin, and so they made the brief movie “Jesus vs. Frosty” (which is also called “The Spirit of Christmas,” together with their 1995 brief “Jesus vs. Santa”) utilizing development paper cutouts. The brief marks the primary look of the boys who would grow to be Stan Marsh, Kyle Broflovski, Kenny McCormick, and Eric Cartman. Matt, Trey, Jason, and Ian made a trailer for “Alferd Packer: The Musical,” a movie that didn’t exist, and it was so in style amongst their fellow college students that the chairman of the college’s movie division satisfied them to make it right into a film. Fueled by heartbreak after being cheated on by his fiancée, Liane Adamo, Parker threw himself into making the movie, which he labored on as a author, director, producer, composer, and actor. Later retitled “Cannibal! The Musical” after it was bought to Troma Entertainment, the movie tells the story of Alferd Packer (also called “The Colorado Cannibal”), who’s deserted by his horse Liane throughout a mining expedition to Colorado Territory.

Parker and Stone moved to Hollywood and received an agent, lawyer, and script deal, however they spent the subsequent few years struggling. Trey wrote, directed, and produced “Orgazmo,” which premiered on the Toronto International Film Festival in 1997; October Films purchased the rights to the superhero intercourse comedy for $1 million. After producer Brian Graden noticed “Jesus vs. Frosty,” he requested Parker and Stone to create a video greeting card for him to ship to his buddies; the end result was “Jesus vs. Santa,” and it led to Comedy Central govt Doug Herzog asking the duo to develop it right into a sequence. They made the pilot for $300,000, and on account of Comedy Central’s advertising and marketing of the present, the community made roughly $30 million in t-shirt gross sales earlier than the present started airing. As of this writing, “South Park” has aired greater than 300 episodes over 23 seasons and spawned the film “South Park: Bigger, Longer & Uncut” (which grossed $83.1 million on the field workplace), the albums “Chef Aid: The South Park Album” (1998) and “Mr. Hankey’s Christmas Classics” (1999), and several other video video games.

In 2002, Matt and Trey started engaged on the R-rated puppet movie “Team America: World Police,” which they co-wrote and co-produced; Parker directed the movie, and wrote most of its songs. Both males agreed that making “Team America” was “the toughest factor [they’d] ever achieved,” with Stone stating, “It was the worst time of my total life – I by no means wish to see a puppet once more.” During the manufacturing of “Team America,” Matt and Trey started engaged on “The Book of Mormon” with writer-composer Robert Lopez, who co-created “Avenue Q.” The musical opened on Broadway on March 24, 2011, with Andrew Rannells and Josh Gad within the lead roles and earned 14 Tony nominations. In 2013, Parker and Stone introduced that they had been launching the manufacturing studio Important Studios, saying, “Having labored with a number of totally different studios over time, we got here to appreciate that our favourite individuals on the earth are ourselves.” In 2017, Trey lent his voice to the blockbuster movie “Despicable Me 3,” which grossed $1.035 billion worldwide. During the Covid-19 pandemic, Parker and Stone launched two “South Park” specials, “The Pandemic Special” (2020) and “South ParQ Vaccination Special” (2021).

Personal Life

Trey married Emma Sugiyama in January 2006, and producer Norman Lear served as the marriage officiant. The couple divorced in 2008, and Parker went on to wed Boogie Tillmon in April 2014, turning into stepfather to her son Kobe. In 2013, Trey and Boogie welcomed daughter Betty, who has voiced Ike Broflovski and the PC Babies on “South Park.” Parker and Tillmon separated in February 2019, and Trey filed for divorce the next month, requesting joint authorized and bodily custody of Betty. Parker and Stone are recognized for poking enjoyable at faith of their work, and Trey has stated “All the religions are tremendous humorous to me… The story of Jesus is not sensible to me. God despatched His solely Son. Why may God solely have one son and why would He must die? It’s simply unhealthy writing, actually. And it is actually horrible in concerning the second act.”

Awards and Nominations

Parker earned an Academy Award nomination for Best Music, Original Song for “Blame Canada” from “South Park: Bigger, Longer & Uncut,” and “The Book of Mormon” gained 9 Tonys, together with Best Musical, Best Book of a Musical, and Best Original Score. The musical additionally earned Trey a Grammy for Best Musical Theater Album in addition to honors from the Outer Critics Circle Awards and Drama Desk Awards. For “South Park,” he has earned 18 Primetime Emmy nominations, profitable Outstanding Animated Program (For Programming Less Than One Hour) in 2005, 2007, and 2009, Outstanding Animated Program (For Programming One Hour or More) in 2008, and Outstanding Animated Program in 2013.

“South Park” has additionally earned Parker an Annie Award (Writing in an Animated Television or Other Broadcast Venue Production), CableACE Award (Animated Programming Special or Series), Online Film & Television Association Award (Best Voice-Over Performance), and a PGA Award (Most Promising Producer in Television). He gained NAVGTR Awards for Writing in a Comedy and Performance in a Comedy, Supporting for the online game “South Park: The Stick of Truth,” and he obtained a Chicago Film Critics Association Award (Best Original Score), MTV Movie Award (Best Musical Performance), Los Angeles Film Critics Association Award (Best Music), Online Film & Television Association Award (Best Music, Original Score) for “South Park: Bigger, Longer & Uncut.” For “The Spirit of Christmas,” Trey gained an Audience Award for Best Short on the 1997 Florida Film Festival and a Los Angeles Film Critics Association Award for Best Animation. At the 2003 Santa Monica Film Festival, Parker and Stone had been honored with the Maverick Filmmakers Award.

Real Estate Portfolio

Trey is known for proudly owning a formidable portfolio of properties around the globe. In April 2019, contemporary off submitting for divorce from Boogie, he spent $6.2 million on a mansion within the Brentwood neighborhood of Los Angeles. A yr earlier, he spent $3.1 million on a apartment in Manhattan. He already owned a seven-bedroom unit subsequent door that he purchased in 2011 for $4 million. In 2016, Parker bought a longtime dwelling in Venice, California, for $4.3 million.

Other properties embody a riverfront mansion in Kauai, Hawaii, a apartment in Seattle, a number of houses within the Hollywood Hills, a ten,000 square-foot mansion in a distinct a part of L.A. (bought in 2011 for $14 million), and a big compound in Steamboat Springs, Colorado.