What is Phoebe Cates Net Worth 2024: Income And Financial Insights

Phoebe Cates, a renowned actress from the ’80s, has had a fascinating career. But what about her finances? In this article, RachelParris will delve into Phoebe Cates net worth, examining her financial journey and achievements.

Quick Facts

What is the Net Worth Of Phoebe Cates in 2024?

Phoebe Cates, a well-known actress and entrepreneur, has a net worth of $35 million in 2024. This impressive sum is a combined net worth with her husband, Kevin Kline. To put this into perspective, let’s compare it with other actresses from her era:

• Molly Ringwald: $11 million
• Jennifer Jason Leigh: $5 million
• Ally Sheedy: $6 million
• Brooke Shields: $40 million

Phoebe Cates stands out among her peers, showcasing the success of her acting career and her ventures in real estate and business.

What is the Salary of Phoebe Cates in 2024?

While Phoebe Cates’ exact salary in 2024 is not publicly disclosed, her significant net worth is a testament to her various income streams.

She has earned from her iconic roles in movies like Fast Times at Ridgemont High and Gremlins, alongside her entrepreneurial success with her boutique, Blue Tree.

Phoebe Cates Income Sources

Her net worth primarily stems from her successful acting career, her modeling work, and her business ventures.

She gained fame for her roles in Fast Times at Ridgemont High, Gremlins, and Drop Dead Fred. These films not only made her a household name but also one of the highest-paid comedy film actresses of her time.

Career Highlights and Major Film Roles

She is best known for her role in Fast Times at Ridgemont High where she delivered one of the most memorable scenes in cinema history.

Her portrayal of Kate Beringer in Gremlins and its sequel solidified her status in Hollywood. Coming from a family deeply rooted in the entertainment industry, transitioning from modeling to acting was a natural progression for her.

Real Estate Investments

She and her husband Kevin Kline own prime real estate, significantly enhancing their net worth. They reside in an exclusive Manhattan building at 1125 Fifth Avenue, valued between $10 million and over $20 million.

Their Garrison, New York property, a sprawling 5+ acre farm acquired in 1988 for $770,000, adds to their wealth. These investments reflect their strategic approach to real estate, contributing substantially to their $35 million net worth.

Real estate has proven to be a lucrative and stable asset for the couple, showcasing their savvy financial decisions beyond their entertainment careers.

Entrepreneurial Ventures

Phoebe ventured into entrepreneurship by opening Blue Tree, a boutique on Madison Avenue. This venture has been successful and plays a notable role in her financial portfolio.

Her transition from the silver screen to business showcases her versatility and business acumen.

Social media

Facebook: https://www.facebook.com/p/Phoebe-Cates-100042236331019/ – 12k followers

FAQs about Phoebe Cates

Who is Phoebe Cates?

Phoebe Cates is a former American actress and model, best known for her roles in iconic ’80s films such as Fast Times at Ridgemont High and Gremlins. She retired from acting in the mid-1990s to focus on her family and other interests.

Why did she retire from acting?

She retired from acting to focus on raising her children. She made a brief return to the screen in 2001 for The Anniversary Party, but has otherwise stayed out of the limelight to prioritize her family and personal life.

What does Phoebe Cates do now?

She owns a boutique called Blue Tree on Madison Avenue in New York City. The store sells a variety of items, including unique gifts, clothing, and accessories.

Is she married?

Yes, she has been married to actor Kevin Kline since 1989. The couple met during an audition for The Big Chill in 1983 and have two children together.

What are some of her most famous movies?

She is best known for her roles in Fast Times at Ridgemont High (1982), Gremlins (1984), Gremlins 2: The New Batch (1990), and Drop Dead Fred (1991).

How many children does Phoebe Cates have?

She has two children with Kevin Kline: a son, Owen Joseph Kline, born in 1991, and a daughter, Greta Kline, born in 1994. Both children have pursued careers in the arts.

What is her background?

She was born on July 16, 1963, in New York City. Her father, Joseph Cates, was a Broadway and television producer, and her mother, Lily, was born in China. Cates attended the Professional Children’s School and the Juilliard School.

Did she have a career in modeling?

Yes, before transitioning to acting, she began her career as a model. She was featured in several adolescent magazines, including Seventeen, and received a scholarship to the School of American Ballet before a knee injury ended her dancing ambitions.

Has Phoebe Cates done any work since her retirement?

Since retiring from acting, she has occasionally returned to the industry for specific projects. Notably, she voiced her character from Gremlins, Kate Beringer, in the 2015 video game Lego Dimensions.

Conclusion

In conclusion, her net worth reflects her successful career in the entertainment industry. We hope you enjoyed learning about her financial journey. For more insights, visit our site and stay updated.