Selänne and his wife Sirpa have four children: sons Eemil, Eetu (a hockey player himself, starting as a freshman with the Northeastern University Huskies men's team in 2017 and currently as a part of the Curry College Colonels men's team) and Leevi, and daughter Veera. They are residents of Coto de Caza, California, a gated community in southern Orange County. Selänne is the primary partner in a steak restaurant in nearby Laguna Beach which he started with longtime friend Kevin Pratt, an Orange County restaurant manager; He had previously owned four restaurants in Finland.