Gloria Vanderbilt Net Worth
Gloria Vanderbilt had an estimated net worth of $10 million at death. Known for her fashion design and tumultuous personal life, actress, writer and artist Gloria Vanderbilt became an iconic figure in American popular culture during the 20th century. She earns most of her income from her career as an actor, writer and fashion designer.
Gloria Vanderbilt rose to prominence in the 1930s as the center of a custody and multi-million-dollar trust fund battle between her mother and aunt. Later in life, as she dabbled in theater, film, and fashion, her jeans became a staple of the 1970s designer scene. She was a noted collagist and creator of multidimensional panoramas featured in exhibitions, as well as the author of several novels and nonfiction works, including It Seemed Important at the Time: A Romance Memoir. Vanderbilt was also the mother of television journalist Anderson Cooper.
To calculate the net worth of Gloria Vanderbilt, subtract all her liabilities from her total assets. Investments, savings, cash deposits, and any equity she 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 her net worth:
|Net Worth:||$10 Million|
|Monthly Salary:||$150 Thousand|
|Annual Income:||$2 Million|
|Source of Wealth:||Designer, Actor, Artist, Writer, Fashion designer, Socialite, Visual Artist|
Gloria Vanderbilt was born on February 20, 1924, in New York City, to the wealthy and influential Vanderbilt family. Reginald Vanderbilt, her father, was the great-grandson of Cornelius Vanderbilt, the founder of a railroad empire and one of America’s first millionaires. Gloria Morgan, her mother, was a young woman who preferred parties to motherhood.
Vanderbilt’s father, who struggled with alcoholism, died of liver disease when she was a toddler, leaving her a multimillion-dollar trust fund. Vanderbilt lived abroad with her mother for several years after her father’s death and was frequently in the care of her maternal grandmother, Laura, and her nurse, Emma, nicknamed Dodo.
Public Court Battle
Vanderbilt made headlines when she was 10 years old as the central figure in an acrimonious and widely publicized trial. Gertrude Vanderbilt Whitney, a sculptor who founded the Whitney Museum, successfully fought for Vanderbilt’s custody. The court ruled that the young heiress could spend the summers with her mother, but that Vanderbilt’s most beloved companion, Dodo, would have to be released.
‘Harper’s’ and Hollywood
Vanderbilt rose to prominence in her teens as a popular young socialite with her own distinct style, having appeared in Harper’s Bazaar magazine in 1939. Vanderbilt, though shy at times, later moved to Hollywood, where her mother was already well-established in popular social circles. Vanderbilt began dating much older men, including Errol Flynn and Howard Hughes, and married Hollywood agent Pat DiCicco in 1941, despite the fact that she was only 17 at the time.
It was a difficult marriage, with DiCicco proving to be an emotionally and physically abusive partner. In 1945, Vanderbilt divorced her husband. Vanderbilt had found love again, with renowned conductor Leopold Stokowski, even before they split up.
Vanderbilt married Stokowski shortly after her divorce was finalized, and they had two sons, Stanley and Christopher. Vanderbilt discovered her passion for art around this time and attended the Art Students League of New York. She also pursued an interest in acting, taking classes from Sanford Meisner at the Neighborhood Playhouse.
Acting Work and Marriages
Vanderbilt made her Broadway debut in a short-lived revival of William Saroyan’s The Time of Your Life in 1955, and she appeared in several TV series from the mid-1950s to the early 1960s. She also showed promise as a writer, releasing the collection Love Poems in 1955. Vanderbilt also made some personal changes, divorcing Stokowski and marrying film director Sidney Lumet in 1956 after a brief affair with Frank Sinatra.
Vanderbilt continued to do some acting, but she was better known for her social life. She was close to Truman Capote and other members of New York’s intellectual and social elite. Vanderbilt married writer Wyatt Cooper in 1963 after divorcing Lumet. Carter and Anderson were the couple’s two sons.
Major Personal Loss
Vanderbilt exploded onto the fashion scene in the 1970s. She created a line of jeans that were hugely successful, with each pair bearing her signature and swan logo. Vanderbilt soon expanded into other types of clothing and perfumes. During this time, she also experienced a significant personal loss when her husband, Wyatt Cooper, died during open-heart surgery in 1978.
Turning to her own life for inspiration, Vanderbilt published the first of her memoirs, Once Upon a Time: A True Story, in 1985. Vanderbilt also dabbled in fiction, publishing several novels, including The Memory Book of Starr Faithfull (1994). Vanderbilt eventually wrote A Mother’s Story (1996) about one of her most difficult experiences, the 1988 suicide of her son Carter Cooper.
Books, Art and son Anderson Cooper
Vanderbilt was dealing with financial difficulties by the early 1990s, with a former lawyer and former psychiatrist swindling large sums of money from her. Vanderbilt’s home-design business suffered as a result of the scheme, and she was forced to sell her property. Almost a decade later, in 2002, Jones Apparel Group purchased her clothing company.
Vanderbilt’s 2004 memoir It Seemed Important at the Time: A Romance Memoir detailed her real-life loves, and she returned to fiction with the 2009 erotic novella Obsession.
She published The Things We Fear Most, a collection of short stories, in 2011.
Vanderbilt also had some success as a visual artist, working in collage and surreal, multidimensional dream boxes, which were featured in exhibitions at the New York Design Center in 2012 and 2014. The World of Gloria Vanderbilt, a coffee-table book featuring images from her life, was published in 2010.
In addition to her many achievements, Vanderbilt was the mother of famed news anchor and television host Anderson Cooper, with whom she had a close relationship. They appeared on his former CNN show Anderson Live together, and their lives and relationship were the subject of the HBO documentary Nothing Left Unsaid, which premiered in April 2016. The memoir The Rainbow Comes and Goes: A Mother and Son on Life, Loss, and Love was released in conjunction with the documentary.
Vanderbilt died on June 17, 2019 at her home in New York City. “Gloria Vanderbilt was an extraordinary woman who loved life and lived it on her own terms,” said Cooper, Gloria’s son. “She was a painter, writer, and designer, but she was also a wonderful mother, wife, and friend. She was 95 years old, but anyone who knew her would tell you she was the youngest, coolest, and most modern person they knew.”
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