Cole Porter Net Worth at Death – How Did He Get Rich?

Cole Porter Net Worth 

Cole Porter had an estimated net worth of $10 million at the time of his death. A gifted composer and lyricist, Cole Porter created songs like “Night and Day,” and the music for Broadway shows such as ‘Anything Goes’ and ‘Kiss Me, Kate.’ He earned most of his income from album sales and concerts. 

Cole Porter was a talented composer and songwriter who mastered both music and lyrics with ease and conquered Broadway and Hollywood with his witty songs. His works include “Night and Day” and “I have Got You Under My Skin.” However, his life was overshadowed by a riding accident in 1937 that left him unable to walk. He died in California in 1964, having written more than 800 songs.

To calculate the net worth of Cole Porter, subtract all his liabilities from his total assets. Investments, savings, cash deposits, and any equity he has in a house, car, or other similar asset are included in the total assets. All debts, such as personal loans and mortgages, are included in total liabilities.

Here’s the breakdown of his net worth:

Name: Cole Porter
Net Worth: $10 Million
Monthly Salary: $70 Thousand
Annual Income: $1 Million
Source of Wealth: Singer

Early Life

Cole Porter was born in Peru, Indiana, on June 9, 1891. Later in life, his mother gave him the middle name Albert. Porter had a comfortable childhood thanks to his wealthy grandfather, James Omar Cole, during which he studied the violin and piano. He preferred the piano and soon began to practice for two hours every day. He wrote a song at the age of 11 that his mother assisted him in publishing.

Porter wrote the fight song “Bulldog” as an undergrad at Yale University, as well as other pieces for student productions; his output during these years totaled approximately 300 songs. Porter was sent to Harvard Law School because his grandfather did not want him to pursue a musical career. However, he soon changed his major to music (though his grandfather was told he continued to be a law student).

Living in Europe

Following the failure of his first Broadway musical, See America First, in 1916, Porter moved to France the following year. While World War I was still going on, he sent home (false) reports that he had joined the French Foreign Legion. Porter was actually involved in a vibrant Parisian social life. He married Linda Lee Thomas, a widowed socialite, in 1919.

Porter’s life with Thomas included extensive travel throughout Europe. They established a residence in Paris and later rented the Palazzo Rezzonico in Venice, Italy. Porter’s income was not dependent on music; in addition to his wife’s money, he received financial support from his family. He did, however, continue to write songs, and some of them were featured in London shows.

Musical Success

Porter wrote “Let us Do It (Let us Fall In Love)” for Paris (1928). The song was a hit and the beginning of a successful Broadway career that reached new heights in the 1930s. Porter wrote “Night and Day” for Gay Divorce (1932), which starred Fred Astaire. Anything Goes (1934) featured other popular numbers, including “I Get a Kick Out of You” and “You are the Top.”

Other notable songs Porter wrote during the decade included “Begin the Beguine” (1935) and “It’s De-Lovely” (1936). His talents also found a home on the big screen: “Easy to Love” (1936), “I have Got You under My Skin” (1936), and “In the Still of the Night” (1937) were all written for film.

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Accident and Aftermath

In 1937 Porter had a riding accident; his horse fell on him and crushed both his legs. The results of his injuries forced Porter to undergo more than 30 surgeries and years of pain. Nevertheless, he continued to work, producing memorable songs such as “Friendship” (1939) and “You’d Be So Nice to Come Home To” (1942).

Some of Porter’s Broadway shows after the accident were successful, if forgettable, such as Something For The Boys (1943). He experienced a major flop with Around the World (1946), directed by and starring Orson Welles. Porter scored another musical hit with Kiss Me, Kate (1948), an adaptation of William Shakespeare’s The Taming of the Shrew, for which he won a Tony Award. Songs from the show include “Too Darn Hot” and “I have Come To Wive It Wealthily In Padua.”

Later Years and Death

Porter’s wife passed away in 1954. Despite his years of extramarital homosexual relationships, she was a source of friendship and support for Porter, and her death was a devastating blow. He continued to work on Broadway shows and films, earning an Academy Award nomination for “True Love,” written for High Society (1956), but he also turned to alcohol and painkillers for solace.

Porter’s right leg was amputated in 1958 as a result of his accident. He then stopped writing songs. He also left the public eye, telling friends, “I am only half a man now.” On October 15, 1964, at the age of 73, he died in Santa Monica, California.

Further Reading

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How To Become Rich Like Cole Porter?

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