Howard Hughes Net Worth At Death – How Did He Get Rich? Exposed!

Howard Hughes Net Worth At Death

Howard Hughes had an estimated net worth of $11 Billion at death. He produced and directed movies in the 1930s. He had a playboy lifestyle and love of aviation. After a plane accident in 1946, he became reclusive. H earned the majority of his income from businesses.

Howard Hughes was an aviator and film director who began investing in films after inheriting his family’s successful oil tool business. He was the producer of several films, including the smash hit Hell’s Angels.

Hughes is best known as one of the wealthiest men and one of the most famous recluses, but he had many professional accomplishments prior to his retirement from public life.

To calculate the net worth of Howard Hughes, 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 loans and personal debt, are included in total liabilities.

Here’s the breakdown of his net worth:

Name: Howard Hughes
Net Worth: $11 Billion
Monthly Salary: $100 Million+
Annual Income: $1 Billion+
Source of Wealth: Entrepreneur, Engineer, Pilot, Investor, Film Producer, Film director, Philanthropist, Inventor

Film and Flight

Hughes was born on December 24, 1905, in Houston, Texas, the son of a successful oil-drill tool manufacturer, and inherited the family business at the age of 18 in 1923. Beginning in 1926, he used some of his fortune to finance films. He was the producer of several films, including the World War I epic Hell’s Angels (1930), which featured expensive aerial fight sequences and an unknown actress named Jean Harlow at the time. Scarface (1932) and The Outlaw (1933) were two of his other notable films (1941). Hughes gained a reputation as a playboy in Hollywood, dating actresses such as Katharine Hepburn, Ava Gardner, and Ginger Rogers.

In the early 1930s, Hughes developed a passion for flying and established his own aircraft company. He risked his life several times testing planes and setting world air-speed records in the mid- to late 1930s, in addition to designing and building them. He is credited with many aviation innovations, including the first retractable landing gear, and is also remembered for the H-4 Hercules, dubbed the Spruce Goose by the press. Hughes worked for years on this massive wooden seaplane, which was designed to transport troops and supplies across the Atlantic Ocean during WWII. Completed in 1947, it was only flown once and was never produced; however, Hughes kept the H-4 in a climate-controlled hangar until his death in 1976. It is now on display at the Evergreen Aviation Museum in McMinnville, Oregon.

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The Recluse

Hughes began to withdraw from the world after a tragic plane crash in 1946. In 1948, he purchased a stake in RKO Pictures, but he never visited the studio. He lived on the top floor of the Desert Inn in Las Vegas, Nevada, in the 1960s, and conducted all of his business from his hotel suite. Few people ever saw him, which fueled public speculation and rumors about his whereabouts. He was suspected of having obsessive-compulsive disorder and a drug problem. Hughes eventually left Las Vegas to live abroad. An allegedly authorized biography of the famous recluse was announced in 1972, but it turned out to be a scam. Clifford Irving, the author, was later imprisoned for fraud.

Death and Legacy

Hughes passed away on April 5, 1976. Following his death, numerous forgeries of his will surfaced, sparking a legal battle over his estate. Hughes’ life was brought back into the spotlight in 2004 with the release of the feature film The Aviator, which depicted his early days. Leonardo DiCaprio portrayed the billionaire as a young, troubled man. He received an Academy Award nomination for his portrayal of Hughes.

Favorite Howard Hughes Quotes

Once you consent to some concession, you can never cancel it and put things back the way they are.

Howard Hughes

 

Money can’t buy happiness.

Howard Hughes

 

My father told me, never have partners.

Howard Hughes

 

I’m not a paranoid deranged millionaire.

Howard Hughes

 

Every man has his price, or a guy like me couldn’t exist.

Howard Hughes

 

We don’t have a monopoly. Anyone who wants to dig a well without a Hughes bit can always use a pick and shovel.

Howard Hughes

 

The Hercules’ was a monumental undertaking. It is the largest aircraft ever built… I put the sweat of my life into this thing.

Howard Hughes

View our larger collection of the best Howard Hughes quotes.

Further Reading

Related Lists of Celebrities’ Net Worth

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How To Become Rich Like Howard Hughes?

Howard Hughes did not become rich by luck. To become as rich as Howard Hughes, you have to work smart.

Successful people become rich because they take advantage of the opportunities that come their way. They are in the right place at the right time and take the right action.

Thanks to the Internet, the world has changed massively in recent years. Nowadays it has become much easier to make money online.

Instead of looking for a 9-5 job and staying in your comfort zone, it’s better if you become your own boss as soon as possible.

You can learn how to build a digital asset that generates cash flow for you while you sleep to grow your wealth quickly.

If you seize this golden opportunity in time, you can become as successful as Howard Hughes one day.

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