Phoebe Cates has built an impressive career that spans multiple industries, from acting to business. As we explore Phoebe Cates net worth in 2024, it’s essential to understand how her journey through Hollywood, her entrepreneurial ventures, and key real estate decisions have contributed to her financial success.
Throughout her career, she has made thoughtful choices that allowed her to step back from acting while still maintaining her wealth. Written by Ando Money, this in-depth analysis will dive into how she amassed her fortune, her financial strategy, and what her earnings look like today.
Quick Facts
| FACT | DETAIL |
|---|---|
| Real Name | Phoebe Belle Cates Kline |
| Popular Name | Phoebe Cates |
| Gender | Female |
| Birth Date | July 16, 1963 |
| Age | 60 |
| Parents | Joseph Cates, Lily Cates |
| Siblings | Valerie Cates, Alexandra Cates |
| Birthplace | New York City, USA |
| Nationality | American |
| Ethnicity | Eurasian (Jewish, Chinese-Filipino) |
| Education | The Juilliard School P.S. 006 Lillie D. Blake The School of American Ballet Professional Children’s School |
| Marital Status | Married |
| Spouse | Kevin Kline |
| Children | Owen Kline, Greta Kline |
| Dating | N/A |
| Net Worth | $35 million |
| Source of Wealth | Acting, Business (Blue Tree), Real Estate |
| Height | 5 ft 7 in (1.70 m) |
What is the Net Worth of Phoebe Cates in 2024?
As of 2024, Phoebe Cates‘ net worth is estimated at $35 million. Her wealth stems from her successful career in Hollywood, where she starred in iconic films, as well as her entrepreneurial endeavors, such as owning the boutique Blue Tree.
In comparison to other celebrities in her network, her financial standing holds strong due to wise real estate investments and her shift into business. Below are notable individuals related to her:
- Kevin Kline
- Jennifer Jason Leigh
- Steven Spielberg
- Bette Midler
- Bridget Fonda
- Willie Aames
- Meg Tilly
- Andy Warhol
- Matthew Modine
For those interested in reading more about wealthy actresses like her, check out our comprehensive list of the top actresses with impressive wealth.
Phoebe Cates Salary and Finance Overview
How She Built Her Wealth Through Acting and Film Roles
Phoebe Cates’ journey into wealth began with her breakthrough role in Fast Times at Ridgemont High. This film not only catapulted her into the limelight but also became one of the most iconic movies of the 1980s, contributing substantially to her earnings.
Following this, she starred in Gremlins and Gremlins 2, both box-office hits. These films provided a consistent income source throughout the 1980s and 1990s. Cates’ ability to land leading roles in financially successful movies solidified her status in Hollywood. Her role in Drop Dead Fred further added to her acting revenue.
Her foray into Broadway also helped boost her income, with roles in productions like The Tenth Man showcasing her versatility. While her acting career eventually took a backseat, the legacy of her earlier films continues to add value to her financial profile.
Exploring Her Income from Business Ventures
In 2005, Phoebe Cates entered the business world by launching her Blue Tree boutique on Madison Avenue in New York City. The boutique quickly gained popularity for its eclectic range of gifts, fashion, and home goods.
While many celebrities struggle in their transition to business, Cates found success, which added a new revenue stream. Blue Tree’s location in one of the wealthiest areas of Manhattan ensures a steady influx of customers, bolstering her financial security outside of Hollywood.
Her entrepreneurial venture has been a key part of her post-Hollywood wealth accumulation, proving that she has both business acumen and a strong connection to her audience.
Key Contributions from Broadway and Theater Work
Though primarily known for her film work, Cates also explored the stage. Her Broadway debut in The Tenth Man was met with positive reviews.
Though theater doesn’t offer the same financial rewards as blockbuster films, it added credibility to her acting portfolio. The experience of live performance also gave her a deeper connection to her craft, which indirectly supported her career growth and earnings in Hollywood.
Financial Benefits from Her Marriage to Kevin Kline
Kevin Kline, an acclaimed actor, has also contributed to their shared financial success. As a couple, they have made strategic investments, including their Manhattan apartment and a farm in Garrison, New York.
The stability of their relationship has allowed them to build wealth together, benefiting from their combined earnings in Hollywood and beyond. Their Manhattan property alone is valued between $10 and $20 million, showcasing how their shared assets significantly contribute to their overall wealth.
Investments and Real Estate Holdings
Real estate has been another important pillar in Phoebe Cates’ financial strategy. The couple’s Manhattan apartment is located in a prime area and is estimated to be worth between $10 and $20 million.
Additionally, their farm in Garrison, New York, purchased for $770,000 in 1988, has appreciated considerably in value. These investments ensure a strong and diversified financial portfolio, providing a cushion even as they step back from acting.
FAQs about Phoebe Cates
What are her most famous movie roles?
Her most famous movie roles include Fast Times at Ridgemont High, Gremlins, and Drop Dead Fred.
What business does she own?
She owns a boutique called Blue Tree on Madison Avenue in New York City.
Who is she married to?
She is married to actor Kevin Kline, and they have been together since 1989.
How many children does she have?
She has two children, Owen Kline and Greta Kline.
What did she do after retiring from acting?
After retiring, she focused on raising her children and managing her boutique, Blue Tree.
What is her ethnicity?
She is of Eurasian descent, with Jewish-American and Chinese-Filipino heritage.
What is her height?
She is 5’7″ (1.70 m).
What is her educational background?
She attended the Professional Children’s School and the prestigious Juilliard School.
How old is she in 2024?
She is 60 years old as of 2024.
What type of movies did she star in?
She starred in a mix of comedies, dramas, and horror-comedies, such as Gremlins and Paradise.
Conclusion
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