Fred Grandy, born on June 29, 1948, in Sioux City, Iowa, began his acting career at a young age, performing in local theater productions. He honed his craft at the University of Colorado, where he earned a degree in theater. After graduation, Grandy moved to New York City to pursue a professional acting career.

In the 1970s, Grandy’s big break came when he was cast as the lovable and mischievous Buster Gump in the popular television series “The Love Boat.” The show, which aired from 1977 to 1986, was a massive hit, making Grandy a household name and transforming him into a beloved television icon.

Fred Grandy’s Net Worth in 2025

According to the latest available information, Fred Grandy’s net worth in 2025 is estimated to be around $5 million. This figure reflects his successful career in both acting and politics.

Fred Grandy’s Career

Fred Grandy is best known for his role as “Gopher” on the TV series “The Love Boat” which aired from 1977 to 1987. He also served as a U.S. Representative from Iowa from 1987 to 1995. After his political career, Grandy returned to acting and has since appeared in various TV shows and movies.

Fred Grandy’s Other Ventures

In addition to his acting and political career, Fred Grandy has also been involved in various other ventures. He is a former CEO of the Student Loan Marketing Association, also known as Sallie Mae. He has also written a book titled “A Good Home” which was published in 2006.

Fred Grandy’s Assets

Fred Grandy owns a home in Des Moines, Iowa, which he purchased in 1988. He also owns a vacation home in the Bahamas. His assets also include investments in various stocks and bonds, as well as his acting and political career earnings.

Fred Grandy’s Annual Income

Fred Grandy’s annual income is estimated to be around $200,000. This includes his earnings from acting, political pension, and his other business ventures. However, this figure can vary depending on his current projects and investments.

Frequently Asked Questions about  Fred Grandy

Fred Grandy Net Worth

Fred Grandy’s net worth is estimated to be around $5 million.

What is Fred Grandy’s source of wealth?

Fred Grandy’s wealth comes primarily from his acting career, with notable roles in television shows like “The Love Boat” and “Charles in Charge”. He also served as a U.S. Congressman for Iowa’s 6th district from 1987 to 1995, which contributed to his net worth.

How did Fred Grandy make his money?

Fred Grandy made his money through his acting career, appearing in various television shows and films. He also earned income from his political career as a U.S. Congressman.

What is Fred Grandy’s salary as an actor?

Fred Grandy’s salary as an actor varies depending on the project. However, during his time on “The Love Boat”, he reportedly earned around $15,000 per episode.

What is Fred Grandy’s salary as a U.S. Congressman?

As a U.S. Congressman, Fred Grandy’s annual salary was $133,600, which is the standard salary for members of Congress.

What are some of Fred Grandy’s most notable roles?

Some of Fred Grandy’s most notable roles include his portrayal of “Gopher” in the television series “The Love Boat” and his role as “Charles” in “Charles in Charge”. He also had a recurring role in the soap opera “As the World Turns”.

What is Fred Grandy’s political affiliation?

Fred Grandy is a member of the Republican Party.

What is Fred Grandy’s education background?

Fred Grandy graduated from the University of South Dakota with a Bachelor of Arts degree in theater and speech. He also attended the University of Iowa College of Law but did not complete his degree.

What is Fred Grandy’s age?

Fred Grandy was born on June 29, 1948, making him 73 years old as of 2022.

Is Fred Grandy married?

Yes, Fred Grandy is married to Catherine Keating, whom he met while serving in Congress. They have two children together.