Molly Brown Net Worth
Molly Brown had an estimated net worth of $1 million at death. Philanthropist and activist Molly Brown was best known for her social welfare work on behalf of women, children and workers. She was also a survivor of the sinking of the ‘Titanic.’
Molly Brown was a human-rights campaigner, philanthropist, and actress from the United States who survived the sinking of the RMS Titanic. Brown and her husband relocated to Denver, Colorado, after becoming extremely wealthy following the discovery of gold at one of his mines in 1893.
Brown received word that her grandson was unwell while traveling in Europe, and she purchased a flight back to the United States aboard the RMS Titanic, famously escaping the ship’s destruction.
She later became involved in a number of activist issues, including women’s suffrage and workers’ rights, as well as acting. She died in New York City on October 26, 1932.
To calculate the net worth of Molly Brown, 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:||$1 Million|
|Monthly Salary:||$12 Thousand|
|Annual Income:||$400 Thousand|
|Source of Wealth:||Rapper|
Margaret Tobin, better known as Molly Brown, was born in Hannibal, Missouri, on July 18, 1867. This survivor of the 1912 Titanic disaster, sometimes known as “the Unsinkable Molly Brown,” has become the subject of many stories and legends through the years. Brown, ironically, was never referred to as “Molly” throughout her lifetime, with the moniker bestowed upon her after her death.
Brown was up in an Irish-Catholic family with several siblings, thus her childhood was relatively calm. She started working in a factory when she was 13 years old. After two of her siblings moved to Colorado to seek work in the mines, she followed, settling in Leadville in 1886.
Brown found employment sewing for a small store in the town, which resembled a massive mining camp. When she met J.J. Brown, a mining supervisor, her life was forever transformed. In September 1886, the pair fell in love and married.
Marriage and Activism
Molly and J.J. Brown faced financial difficulties early in their marriage. Lawrence Palmer Brown was their first child, born in 1887, and Catherine Ellen was born two years later.
Brown became involved in the community as her husband progressed through the ranks of the mining firm, assisting miners and their families and trying to enhance the town’s schools. Molly Brown, who preferred to dress in dramatic headgear, was never interested in blending in with the other leading citizens of Leadville.
The discovery of gold at Little Johnny Mine in 1893 brought the Browns tremendous fortune, and J.J. was later offered a partnership with the Ibex Mining Company. The following year, the family relocated to Denver, Colorado, where Molly helped form the Denver Women’s Club.
She also continued to assist mine workers while raising funds for children’s charities. Brown also ran for a Colorado state senate seat around the turn of the century, an unprecedented feat for a woman at the time, though she eventually dropped out.
However, the Brown marriage was not a happy one, with J.J. holding sexist ideas about the role of women and refusing to support his wife’s public undertakings. The couple legally split in 1909, but they never divorced.
Brown used her fortune to broaden her horizons, taking multiple travels throughout the world. Brown learned about her grandson’s illness during one of these trips in April 1912, while in France. She chose to return to the United States on the first available ship, the RMS Titanic. It was the first journey of the ship, which was intended to be practically indestructible.
Titanic and ‘The Unsinkable Mrs. Brown’
On April 14, 1912, about 11:40 p.m., the Titanic collided with an iceberg and sank in just a few hours. Brown was able to board one of the ship’s few lifeboats and was eventually rescued by the Carpathia.
A bruised Brown did everything she could to help the other survivors on the Carpathia, including gathering money from the wealthy to help impoverished passengers.
Her public deeds of heroism earned her the moniker “the Unsinkable Mrs. Brown.” (In the 1960s, both a fictitious Broadway musical and a film version based on Brown’s life were created, with the latter featuring Debbie Reynolds in an Oscar-nominated role.)
Later Life and Career
Brown used her newfound celebrity following the accident to advocate for a variety of causes. She acted as a type of go-between for the striking Ludlow miners, who had been working in appalling conditions, and the interests of John D. Rockefeller Sr. and Jr. She also joined the women’s suffrage campaign, becoming allies with Alice Paul, and spoke at the 1914 Conference of Great Women regarding workers’ rights.
Brown ran for a political post again, this time as a U.S. senator from Colorado, but she was defeated. When World War I broke out, she worked with the Red Cross, establishing facilities in her seasonal home in Newport, Rhode Island, and then moved overseas to work with the American Committee for Devastated France.
From the late 1920s to the 1930s, the vivacious Brown worked as an actor, continuing to explore her interests and challenge convention. She was inspired by Sarah Bernhardt’s portrayal of the Duke of Reichstadt and regularly appeared on stage in L’Aiglon.
Molly Brown died in her sleep on October 26, 1932, at the Barbizon Hotel in New York City. Molly Brown: Unraveling the Myth, by Kristen Iversen, was a well-received history of her life released in 1999.
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