Fred Astaire Net Worth at Death – Salary, Income, Earnings

Fred Astaire Net Worth 

Fred Astaire had an estimated net worth of $10 million at death. Fred Astaire was an American dancer of stage and film who is best known for a number of successful musical comedy films in which he starred with Ginger Rogers. He earns most of his income from his music and movies. 

Many consider Fred Astaire to be the greatest popular music dancer of all time. Astaire is best known for his collaborations with Ginger Rogers, who co-starred in several films with him, including Swing Time (1936).

To calculate the net worth of Fred Astaire, 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: Fred Astaire
Net Worth: $10 Million
Monthly Salary: $100 Thousand
Annual Income: $2 Million
Source of Wealth: Actor, Singer, Choreographer, Percussionist, Film Producer, Dancer, Musician

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Early Years

With his elegant and seemingly effortless dance style, Fred Astaire revolutionized the movie musical. He may have made dancing appear effortless, but he was a well-known perfectionist whose work was the result of countless hours of practice.

As a child, Astaire began performing with his older sister Adele. Before making it to Broadway in 1917, the two toured the vaudeville circuit. Among their many roles, the brother-sister duo appeared in George and Ira Gershwin’s 1927 musical Funny Face. Despite his early success, Astaire never made it to the big screen. He had taken a screen test, but he had not received any interest. At the time, a studio executive wrote, “I’m unable to sing. I’m unable to act. A little balding. Can do a little dancing.”

Astaire’s career suffered a setback in 1932. Adele, his sister, left the stage to marry a British aristocrat. He floundered a little professionally without his usual partner, but then decided to return to Hollywood to try again.

Film Career

Eventually, Astaire landed a small role in 1933’s Dancing Lady with Joan Crawford. The role opened the door to new opportunities for him, and Astaire signed a contract with RKO Radio Pictures. He was paired with another Broadway talent, Ginger Rogers, for Flying Down to Rio, also in 1933.

They played a supporting role, but their dance number was the hit of the film. Astaire and Rogers appeared in several more films together, including The Gay Divorcee (1934) and Top Hat (1935). The duo became the most popular dance couple in the film. Their routines were a mixture of styles, incorporating elements of tap, ballroom and even ballet. Katharine Hepburn once described what each of them brought to their successful partnership: “Fred gave Ginger class, and Ginger gave Fred sex.

Away from the movies, Astaire was known for his relentless pursuit of perfection. He did not mind rehearsing a scene for days, and Rogers eventually grew tired of the grueling schedule. After the 1939 film The Story of Vernon and Irene Castle, the two parted ways. Years later, they reunited for The Barkleys of Broadway (1949).

After separating from Rogers in 1939, Astaire appeared with leading ladies such as Rita Hayworth, Cyd Charisse, Judy Garland, Leslie Caron and Audrey Hepburn. Among the most famous musicals of his later career are Easter Parade with Garland and Funny Face with Hepburn.

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Later Years and Death

As his film roles declined, Astaire worked more on television. He often appeared as himself in special tribute shows. Astaire became increasingly interested in dramatic roles and worked in series such as Dr. Kildare. He also worked with another legendary dancer, Gene Kelly, on the documentary That’s Entertainment, which highlighted the golden era of the movie musical.

At that time, Astaire received his only Oscar nomination for his supporting role in the 1974 disaster film The Towering Inferno. He also won an Emmy Award in 1978 for his work in the television special A Family Upside Down. Other awards soon followed. Astaire received a Lifetime Achievement Award from the American Film Institute in 1981.

A few years later, Astaire was hospitalized for pneumonia. He died on June 22, 1987, in Los Angeles, California. With his death, Hollywood lost one of its greatest talents. Former actor and President Ronald Reagan called Astaire an “American legend” and “the ultimate dancer” when he learned of the news. Rogers said Astaire had been “the best partner anyone could ever have.”

Personal Life and Wife

Off-screen, Astaire was laid-back compared to his upper-crust characters. He cared deeply about his family. In 1933, Astaire married socialite Phyllis Baker Potter and they had two children, Fred Jr. and Ava. He also assisted in the raising of her son from a previous relationship. Fred and Phyllis were married until her death in 1954.

When Astaire remarried in 1980, he shocked his friends and family. Robyn Smith, a well-known jockey, was his second wife. Despite their age difference of more than 40 years, the pair’s mutual interest in horses and racing blossomed into romance. His widow has been a staunch defender of his name and image since his death in 1987. She has filed numerous lawsuits in order to prevent unauthorized use of his likeness or name. However, in 1997, she granted permission for Astaire film clips to be altered and used in a series of vacuum cleaner commercials.

Further Reading

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