Rose Kennedy Net Worth at Death – Salary, Income, Husband

Rose Kennedy Net Worth

Rose Kennedy had an estimated net worth of $500 million at death. The matriarch of the Kennedy clan, Rose Kennedy saw three of her sons, Robert, John, and Ted, elected to public office, and two of them killed by assassins. She was a socialite and fundraiser known for her deep Catholic faith and iron will.

The daughter of a Boston mayor, she was educated in convents and enjoyed a pleasant upbringing. Despite her father’s opposition, the courageous young woman began a relationship with Joseph Patrick Kennedy, the son of her father’s rival, and eventually married him. Her husband was an ambitious man who eventually became a multimillionaire.

The couple had nine children, and Rose took it upon herself to give her children the best education they could get. Rose died at the age of 104 and was survived by five of her children, 28 grandchildren, and 41 great-grandchildren.

To calculate the net worth of Rose Kennedy, 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:

Name:

Rose Kennedy

Net Worth: $500 Million
Monthly Salary: $30 Thousand
Annual Income: $10 Million
Source of Wealth: Inheritance

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Early Life

Rose Fitzgerald was born on July 22, 1890, in Boston, Massachusetts, to John “Honey Fitz” Fitzgerald, a prominent figure in Boston politics who served one term as a congressional representative before becoming the city’s mayor. Rose grew up in the political spotlight, accompanying her father to various political functions as a teenager.

She wanted to attend the prestigious Wellesley College after graduating from high school at the age of 16, but her parents sent her to Boston’s Convent of the Sacred Heart. She later attended a convent school in the Netherlands, where she studied French and German.

Rose fell in love with a saloonkeeper’s son named Joseph P. Kennedy upon her return to the United States. Although her father admired the young man’s ambition – Joe became the youngest bank president in US history – John disliked the young businessman and opposed the relationship.

Rose continued to date Joe against her father’s wishes, and the couple married in 1914. During their 55-year marriage, they had nine children. Joe rose to the status of multi-millionaire financier.

He drew a lot of attention for his sometimes shady business dealings – he’s said to have dabbled in bootlegging – and alleged philandering. Rose, unaffected by public speculation, went about her business of raising her family.

She educated her children on the history of the American Democratic tradition and went on to vigorously promote the political careers of three sons – John, Robert, and Edward “Ted” – through grassroots campaigning.

Kennedy Family Matriarch

Kennedy was the modern-day American political grande dame. She lived an extraordinary life, marked by both exuberance and anguish, and witnessed more than a century of American history.

Kennedy, stately and courageous in the face of adversity, faced a series of personal tragedies with uncommon calm and unwavering faith. As the matriarch of the Kennedy family, she saw three of her sons elected to public office – and two of them assassinated.

Kennedy’s steely determination and unwavering faith in God made her the American embodiment of the Irish Catholic tradition. She stood as a symbol of Democratic politics at its best, as a spirited activist, an effective campaigner, and a dedicated fund-raiser, particularly for charities assisting the mentally handicapped.

But Kennedy will be remembered most for her unwavering devotion to her family. She was “the glue that…always held the family together,” as her son John, the nation’s first Catholic president, put it.

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Family Tragedies

In 1937, Joe was appointed ambassador to Great Britain, and the family lived abroad for about three years. The first tragedy befell the Kennedy clan during World War II, after they returned to the United States. Rose and Joe’s third daughter, Rosemary, had been born mentally retarded. In 1941, at the age of 22, she underwent a lobotomy.

The procedure only worsened her condition, and she was later institutionalized. Three years later, fate dealt the family another tragic blow. The Kennedys’ first son, Joe Jr, a respected Navy pilot, was killed overseas when his plane exploded during a secret mission. Then, in 1948, another child, Kathleen, was killed in a plane crash in Europe.

Joe Sr. suffered a severe, debilitating stroke in 1961, less than a year after his son John was inaugurated as the 35th president of the United States. Joe Sr. suffered for more than half a dozen years before he died in 1968. Because her husband was incapacitated for so long, Rose had to endure the most difficult times of her life without him: By the end of the decade, two of her sons had become victims of assassins.

On November 22, 1963, President Kennedy was assassinated in Dallas, Texas, while riding in a motorcade. While America mourned, Rose found solace in religion and met the public with poise, dignity and restraint.

She later wrote in her memoir Times to Remember, “I … wondered why it had happened to Jack. … Everything – the culmination of all his efforts, abilities, commitment to good and to the future – lay limitless before him. It was all gone, and I wondered why.”

Strengthened by her faith in God, Rose survived another severe blow: the 1968 shooting of her son Robert, a U.S. senator and Democratic presidential candidate, by an assassin. The following year, Rose’s youngest son Ted was involved in the infamous Chappaquiddick incident that derailed his bid for the U.S. presidency.

On July 18, 1969, the senator apparently lost control of the car he was driving and crashed into the waters off Chappaquiddick Island in Massachusetts. The accident drowned his passenger, Mary Jo Kopechne. Kennedy did not report the accident to authorities until the next day – a move that undermined his credibility and shook the confidence of American voters.

After the scandal, Rose stood up for her son and helped rejuvenate his political career by campaigning for his re-election to the U.S. Senate. He retained his Senate seat for the next three decades.

Reflecting on her remarkable forbearance during one crisis after another, Rose Kennedy proclaimed that she simply would not allow herself to be subjected to tragedy. “If I were to collapse,” the Los Angeles Times quoted her as saying, “it would have a very bad effect on the family.

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Death and Legacy

Debilitated by a stroke in 1984, Kennedy spent the last decade of her life at the family home in Hyannis Port. She died of pneumonia in Hyannis Port, Massachusetts, on January 22, 1995, at the age of 104. Five of her children, 28 grandchildren and 41 great-grandchildren survive her.

Her last living son, Ted, said at her eulogy, “She sustained us in the saddest of times – through her faith in God, which was the greatest gift she gave us, and through the strength of her character, which was a combination of the gentlest gentleness and the hardest steel.”

Further Reading

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