Candy Spelling’s net worth is a fascinating blend of her inherited fortune, successful Broadway productions, and significant real estate investments. As a prominent figure in entertainment, she has amassed wealth that rivals some of the biggest names in the industry.
Through her involvement in high-profile Broadway shows, television appearances, and real estate deals, she has steadily grown her financial portfolio. In this article, we’ll explore how her net worth developed over the years and highlight her contributions to Broadway, her real estate ventures, and more.
The team at Ando Money is here to give you all the insights you need on Candy Spelling net worth 2024.
Quick Facts
| FACT | DETAIL |
|---|---|
| Real Name | Carole Gene Marer |
| Popular Name | Candy Spelling |
| Gender | Female |
| Birth Date | September 20, 1945 |
| Age | 78 (as of 2023) |
| Parents | Augusta Rosen, Merritt Marer |
| Siblings | Anthony Marer |
| Birthplace | Beverly Hills, California, USA |
| Nationality | American |
| Ethnicity | Jewish |
| Education | Beverly Hills High School, Chouinard Art Institute |
| Marital Status | Widowed |
| Spouse | Aaron Spelling (m. 1968–2006), Howard Frederick Leveson (m. 1963–1964) |
| Children | Tori Spelling, Randy Spelling |
| Dating | N/A |
| Net Worth | $600 million (as of 2024) |
| Source of Wealth | Inheritance, Broadway, Real Estate |
| Height | N/A |
What is the Net Worth of Candy Spelling in 2024?
As of 2024, Candy Spelling’s net worth stands at an impressive $600 million. Her wealth stems from multiple sources, including a massive inheritance from her late husband, Aaron Spelling, alongside her successful real estate investments and involvement in Broadway productions.
Candy Spelling’s financial status places her among some of the most prominent figures in entertainment. When comparing her net worth with others, she ranks highly. Check out how her wealth compares to these related figures:
- Aaron Spelling
- Tori Spelling
- Petra Ecclestone
- Randy Spelling
- Broadway Productions
- HGTV
- Tony Awards
- Beverly Hills Properties
- The Century Penthouse
- Spelling Manor
For more on how top figures in literature accumulate wealth, check out bestselling authors and their financial insights here.
Finance Overview
How She Built Her Wealth Through Inheritance and Real Estate
She inherited a significant portion of her wealth after the passing of her husband, Aaron Spelling, one of television’s most successful producers. His vast estate, including real estate and television syndication royalties, laid the foundation for Candy’s financial security.
The most notable of these assets is Spelling Manor, the 123-room mansion located in Holmby Hills. After listing the property for $150 million, Candy eventually sold it for $85 million to Petra Ecclestone in 2011.
Following the sale, Candy invested in a $35 million penthouse in the Century, a luxury building in Los Angeles. This real estate venture demonstrates her ability to maintain and grow her wealth post-inheritance.
Broadway Productions That Contributed to Her Wealth
Aside from real estate, she made her mark as a Broadway producer. Beginning in 2010, she co-produced major shows like Promises, Promises and How to Succeed in Business Without Really Trying.
These productions were not only critically acclaimed but also financially successful, contributing to her growing portfolio.
In 2012, her production of Nice Work If You Can Get It was nominated for 10 Tony Awards and took home two. These accolades helped bolster her reputation in the industry.
Candy’s other Broadway productions, including The Color Purple and After Midnight, further solidified her financial status, winning multiple Tony Awards and continuing to draw large audiences.
Television Appearances and Documentaries on HGTV
She didn’t just stay behind the scenes. She also stepped into the spotlight through HGTV’s Selling Spelling Manor, a documentary series that chronicled the sale of her iconic home.
This television exposure allowed her to capitalize on her real estate ventures, enhancing her brand and wealth. The follow-up series, Beyond Spelling Manor, showcased her transition into a new luxury residence, adding to her financial narrative.
These shows not only provided insights into her lifestyle but also showcased her real estate acumen, ultimately adding to her wealth through media deals and increased public interest.
Books That Added to Her Income
In 2009, she released her autobiography, Stories from Candyland. The book quickly became a New York Times bestseller, marking her debut as an author.
Five years later, she followed up with Candy at Last, another successful memoir that detailed her life experiences, both personal and financial.
Her foray into writing added another dimension to her income streams. In addition to her books, Candy has written for online publications like TMZ and the Huffington Post, further diversifying her sources of income.
Philanthropic Activities and Their Impact on Her Reputation
She has also been deeply involved in philanthropy, which has enhanced her public image and reputation. Serving on the board of American Humane, she’s contributed significantly to causes related to animal welfare.
She’s also been involved with various Los Angeles-based organizations, such as the UCLA Health System and the Los Angeles Parks Foundation. While these activities may not directly contribute to her financial bottom line, they have certainly reinforced her legacy and public standing.
Real Estate Ventures and Her Financial Strategy
Real estate has always been a cornerstone of Candy Spelling’s wealth strategy. After the sale of Spelling Manor, her subsequent investments continued to build her financial portfolio.
Her purchase of the $35 million penthouse in The Century allowed her to maintain a high-profile presence in Los Angeles while also making sound financial decisions. Moreover, in 2019, she listed a Malibu home for $23 million, further demonstrating her savvy in the real estate market.
These ventures are a testament to her financial acumen, as Candy continues to grow her wealth through strategic buying and selling in the luxury real estate sector.
FAQs About Candy Spelling
What are some of Candy Spelling’s notable Broadway productions?
She has produced several successful Broadway shows, including Promises, Promises, The Color Purple, and After Midnight, all of which received Tony Award nominations.
How did she begin her career as an author?
She started her writing career with her autobiography Stories from Candyland, which became a New York Times bestseller shortly after its release.
What role does she play in television?
She appeared in HGTV’s Selling Spelling Manor and Beyond Spelling Manor, both of which documented her real estate activities and lifestyle.
How did she inherit her wealth?
She inherited a significant fortune from her late husband, Aaron Spelling, which included real estate, royalties, and other assets.
What philanthropic organizations is she involved with?
She is an active board member of American Humane and is involved in various other philanthropic organizations in Los Angeles.
Conclusion
Candy Spelling’s wealth is a product of her inheritance, savvy real estate investments, and successful Broadway productions. Feel free to share your thoughts, leave comments, or explore more content on Ando Money for insights into the world of celebrity finances.
