What is Elizabeth Taylor Net Worth 2024: Wiki, Age, Weight, Height, Relationships, And More

Elizabeth Taylor, an iconic actress known for her glamorous lifestyle and significant wealth, has always intrigued fans.

In this article, Rachel Parris will delve into Elizabeth Taylor net worth, examining her earnings from film roles, business ventures, and more.

Quick Facts

What is the Net Worth Of Elizabeth Taylor 2024?

As of 2024, Elizabeth Taylor‘s net worth remains evaluated at about $600 million, which was estimated at the time of her death in 2011.

This figure places her among the wealthiest actresses of her era. In comparison, Richard Burton, her co-star and twice husband, had a net worth significantly less, estimated around $50 million.

Marilyn Monroe, another contemporary and iconic actress, had her estate valued at over $27 million at today’s rates after her passing.

Elizabeth Perkins and Eddie Fisher, although well-known, do not approach Taylor’s financial legacy, with their net worths being considerably lower.

Elizabeth Taylor Sources of Income

Her net worth was not just from her acting. Let’s break down where this wealth came from:

• Major Film Roles and Box Office Success: Taylor’s roles in films like Cleopatra and Who’s Afraid of Virginia Woolf? were not only critically acclaimed but also box office hits. Cleopatra, for instance, secured her a record-breaking salary of $1 million—making her the highest-paid actress at the time.
• Business Ventures and Endorsements: Beyond the silver screen, Taylor had a keen business sense. Her fragrance line, including the famous ‘White Diamonds,’ still brings in millions annually.
• Property and Jewelry Collection: Taylor’s lavish lifestyle was supported by her exquisite properties and a jewelry collection worth millions, featuring some of the world’s most expensive pieces.

The Role of Hollywood in Shaping Her Financial Legacy

As an influential actress in comedy movies, Hollywood was instrumental in Elizabeth Taylor’s financial success. Her long-term contract with MGM and the strategic roles they chose for her allowed Taylor to amass great wealth:

• Contracts and Salary Milestones: Taylor’s contracts with major studios included substantial pay that increased with her fame.
• Impact of High-Profile Roles on Net Worth: The roles she played not only made her a household name but also a top earner in the industry.

Philanthropic Endeavors and Their Impact on Her Legacy

Taylor was as much a philanthropist as she was an actress. Her commitment to various causes significantly shaped her public persona and legacy:

• Founding of the Elizabeth Taylor AIDS Foundation: Her foundation has raised millions to fight HIV/AIDS, a cause she was passionate about until her death.
• Advocacy for HIV/AIDS Awareness and Fundraising Efforts: Taylor used her celebrity status to raise awareness and funds, deeply impacting the fight against HIV/AIDS.

Marriages and Their Influence on Her Financial Status

Taylor’s personal life, including her multiple marriages, had its share of financial implications:

• Financial Implications of Her Multiple Marriages: Some of these unions came with substantial financial settlements, affecting her net worth.
• Settlements and Their Impact on Net Worth: The divorces, especially from high-profile individuals like Richard Burton, involved hefty financial settlements that both decreased and increased her wealth at times.

Lifestyle and Its Representation in Media

Taylor’s extravagant lifestyle was as famous as her acting career. Her spending habits and the assets she accumulated were often highlighted by the media:

• Public Perception of Her Lavish Lifestyle: Taylor was known for her luxurious lifestyle, complete with extravagant homes and parties.
• Media Coverage of Her Extravagant Spending: The media often covered her purchases, from massive diamonds to designer gowns, feeding the public’s fascination with her wealth.

Legacy and Posthumous Earnings

Even after her passing, her estate continues to generate income:

• Continuation of Revenue from Licensing and Royalties: Her image and former projects still bring in royalties.
• Posthumous Sales of Memorabilia and Jewelry: Auctions of her belongings, including her famous jewelry, have fetched millions, adding to her estate’s value.

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FAQs about Elizabeth Taylor

When was Elizabeth Taylor born?

Elizabeth Taylor was born on February 27, 1932.

How many times did she get married?

She was married eight times to seven different men.

Did Elizabeth Taylor have any children?

Yes, she had four children; three biological and one adopted.

What is she famous for?

She is renowned for her acting career, beauty, multiple marriages, and philanthropic efforts, particularly in AIDS activism.

Which movie earned Elizabeth Taylor her first Oscar?

She won her first Oscar for Butterfield 8 in 1961.

Was she involved in any charitable organizations?

Yes, she co-founded amfAR in 1985 and established The Elizabeth Taylor AIDS Foundation in 1991.

What was her cause of death?

She died from congestive heart failure on March 23, 2011.

Did she receive any special honors?

Yes, she received numerous awards including the Presidential Citizens Medal and was named a Dame by Queen Elizabeth II.

What was Elizabeth Taylor’s longest marriage?

Her longest marriage was with Richard Burton, lasting from 1964 to 1974.

Did she leave any legacy in terms of estate planning?

It’s believed that her trust passed most of her assets to her children, grandchildren, and various charities.

Conclusion

This piece sheds light on Taylor’s financial history, helping you understand the scale of her wealth and her business acumen. As one of the top-earning British actresses, her financial legacy offers valuable insights into the intersections of fame and fortune.