Eric Braeden, best known for his legendary role as Victor Newman on The Young and the Restless (Y&R), has become a household name in the world of soap operas. With an illustrious career spanning over six decades, Braeden has amassed an impressive net worth of $20 million as of 2024, according to Celebrity Net Worth. While his enduring portrayal of Victor Newman has played a major role in his financial success, Braeden’s journey is far more diverse and fascinating than many fans realize.
A Stellar Career That Began in the 1960s
At 83 years old, Eric Braeden continues to captivate audiences with his commanding on-screen presence. Born Hans-Jorg Gudegast on April 3, 1941, in Bredenbek, Germany, he later adopted the stage name Eric Braeden as a tribute to his hometown. Before becoming an actor, Braeden excelled as an athlete, winning the 1958 German National Team Championship and, later, the 1973 National Challenge Cup as a soccer player.
Braeden’s acting career began in the 1960s when he moved to the United States and pursued his passion for storytelling. He appeared in numerous TV shows, including Combat!, The Rat Patrol, and Gunsmoke. His filmography boasts roles in movies like Escape from the Planet of the Apes, Colossus: The Forbin Project, Titanic, and Den of Thieves. His diverse roles helped him hone his craft and gain recognition in Hollywood.
The Role of a Lifetime: Victor Newman
In 1980, Braeden joined The Young and the Restless as a guest actor, portraying Victor Newman, a shrewd and ambitious business tycoon. The role resonated with fans so strongly that he was offered a permanent spot on the show. Over the years, Victor Newman has evolved from a ruthless villain to a family-oriented patriarch who would do anything to protect his loved ones.
Braeden’s portrayal of Victor earned him a Daytime Emmy Award and several nominations. The character’s ongoing rivalry with the Abbott family and his leadership of Newman Enterprises have kept viewers hooked for decades.
Family Life and Financial Success
Eric Braeden has enjoyed not only professional success but also a fulfilling personal life. He is married to Dale Russell, and the couple shares a son, Christian Gudegast, who is a successful screenwriter and director (Den of Thieves).
With a net worth of $20 million, Braeden’s financial success stems from more than just Y&R. While his salary per episode remains undisclosed, reports suggest he is among the highest-paid actors in soap operas. His work in other TV shows, movies, and even his autobiography, I’ll Be Damned (2017), further contribute to his wealth.
Eric Braeden’s Lasting Legacy
Even at 83, Eric Braeden remains a force to be reckoned with in the entertainment industry. His dedication to his craft and ability to reinvent his character over decades have made him a beloved icon.
As Victor Newman, Braeden continues to be a cornerstone of The Young and the Restless, with compelling storylines and new challenges. Fans eagerly await what’s next for this charismatic tycoon. Whether on-screen or in life, Eric Braeden’s journey is a testament to resilience, talent, and passion.
