Matthew Perry's alleged spending before his tragic death could explain his shockingly small bank account

Note: This article contains mentions of drug abuse.

Matthew Perry's bank balance was once thought to be worth a staggering $120 million at the time of his death, but it turns out it's not what we first thought. As it turns out, he only had about $1.5 million in his personal account, according to People, which is practically a pittance compared to what many of his fans expected. The latest reports from the investigation into his death reveal exactly why his financial situation ended up being the opposite of what many had assumed.

For most of his adult life, the “17 Again” star has been honest about his lifelong struggle with addiction. In his memoir, “Friends, Lovers, and the Big Terrible Thing,” he revealed that he blew a large portion of his fortune on rehab stints, even going so far as to open his own rehab center to get sober. “I probably spent $9 million or something to get sober,” he previously told The New York Times. And during the times when he wasn't doing well, he spent a lot of money on drugs just to make ends meet.

Unfortunately, Perry's official cause of death was linked to the “acute effects of ketamine,” according to TMZ. In the days before his death, he reportedly spent thousands on the substance, which may explain why his bank account balance was very different from what one would have expected from a man who was supposed to be swimming in “Friends” royalties.

Matthew Perry's death was heartbreaking enough on its own, but his official autopsy couldn't have prepared us for the heartbreaking betrayal he received – that his longtime friend and personal assistant Kenneth Iwamasa played a role in his untimely death. Iwamasa reportedly enabled Perry to take the dangerous doses of ketamine that ultimately killed him. It turns out that Iwamasa, who was supposed to be protecting Perry, instead acted as a middleman, allowing the actor access to the drug.

According to documents obtained by Us Weekly, Iwamasa allegedly arranged multiple ketamine purchases for Perry, spending around $55,000 on 55 vials in less than a month. He even drove Perry to various locations to get injections from medical professionals, but also administered the drug himself – despite having no medical training whatsoever.

As of this writing, according to ABC News, Iwamasa has pleaded guilty to one count of conspiracy to distribute ketamine causing death, along with Erik Fleming, who sold the ketamine that caused Perry's death. Dr. Mark Chavez, another supplier, has also reportedly “agreed” to plead guilty. Meanwhile, Jasveen Sangha, the so-called “ketamine queen,” and Dr. Salvador Plasencia, both of whom also sold Perry the drug, have pleaded not guilty to the charges against them. Despite the looming legal battle, Perry's family remains hopeful. “We look forward to justice taking its course, and we are grateful for the extraordinary work of the various agencies whose agents investigated Matthew's death,” his stepfather, Keith Morrison, said in a statement obtained by USA Today. “We hope unscrupulous suppliers of dangerous drugs get the message.”

If you or someone you know needs help with addiction, help is available. Visit the Substance Abuse and Mental Health Services Administration website or contact SAMHSA's National Helpline at 1-800-662-HELP (4357).