The late Grace Kelly is one of the most iconic movie stars in Hollywood history, and her legacy extends far beyond just the silver screen. After marrying Prince Rainier III of Monaco in 1956, she became an international symbol of beauty and grace, and was admired by people around the world for her poise and elegance. Her fame made her one of the wealthiest celebrities of all time, so what exactly is Grace Kelly’s net worth? This blog post will explore this question by taking a look at some of her major sources of wealth over the course of her lifetime.
Introduction to Grace Kelly
Born on November 12th, 1929 in Philadelphia, Pennsylvania, Grace Patricia Kelly started modeling at a young age, eventually leading to a successful career in acting after being spotted by a talent scout while attending a play. She went on to become one of the biggest movie stars of the 1950s and early 1960s, appearing in hit films such as High Noon, The Country Girl, Dial M for Murder, Rear Window, To Catch a Thief, and many others. By 1955, she had won an Academy Award for Best Actress for her performance in The Country Girl.
Early Career and Success in Hollywood
Throughout her illustrious film career, Grace Kelly earned a great deal of money from her various roles. It has been estimated that she made more than $1 million from her work in Hollywood during her lifetime. However, it’s important to remember that the majority of this income would have gone towards taxes and other expenses. Still, there’s no denying that Kelly had become very wealthy before ever meeting Prince Rainier III.
Marriage to Prince Rainier III of Monaco
In April 1956, Grace Kelly married Rainier III of Monaco and officially became Princess Grace. During their marriage, both parties agreed that any earnings or royalties generated through films or television should go directly to charity. Therefore, the majority of her income throughout this period came from royal engagements such as appearances, sponsorships, donations and public events.
Estimated Earnings During Her Lifetime
When you factor in her salary from Hollywood films and TV shows plus her royal income from Monaco government payments, Grace Kelly’s total earnings are estimated to be around $20-30 million (adjusted for inflation).
Inheritance From Wealthy Parents
In addition to her own professional successes, Grace Kelly also inherited a significant sum of money from her parents who were affluent business owners. While exact figures remain undisclosed, it is thought that the inheritance could be anywhere between $10-$25 million (adjusted for inflation).
Royal Income From Monaco Government
Grace Kelly received an annual allowance from the Monaco government which increased each year based on inflation rates. In the 1970s this amount was believed to be around $300k per year (adjusted for inflation), however it is not known how much she received prior to 1975.
Successful Business Ventures After Marriage
After her retirement from film acting in 1956, Grace Kelly successfully used her celebrity status to establish several business ventures with long-term partnerships with fashion labels and jewellery companies. These deals included lucrative sponsorship contracts, endorsements and advertising campaigns which paid out millions of dollars each year until her death in 1982.
Final Estimate of Total Net Worth
Given all of these factors combined, experts estimate that Grace Kelly’s net worth at the time of her death was somewhere between $50-$75 million (adjusted for inflation). This impressive figure makes her one of the richest female celebrities in history.
Conclusion – The Legacy of Grace Kelly’s Wealth
Although Grace Kelly may be best remembered as an actress and princess, she also left behind a legacy of wealth that continues to inspire people today. With an estimated net worth of up to $75 million (adjusted for inflation), she truly proved that hard work and ambition can pay off – even for those born into privilege.
References & Further Reading
Hollywood Reporter
Net Worth Post