Gloria Vanderbilt Net Worth
Gloria Vanderbilt net worth: Gloria Vanderbilt was an American socialite, fashion designer, actor and entrepreneur who had a net worth of $200 million at the time of her death in June 2019. Gloria Vanderbilt was born on February 20, 1924 in New York City, New York. She was a member of the esteemed Vanderbilt family. and her son is CNN anchor Anderson Cooper.
Vanderbilt Family Wealth: Gloria's father, Reginald Claypoole Vanderbilt, was the great-grandson of Commodore Cornelius Vanderbilt. After adjusting for inflation, Cornelius Vanderbilt was one of the five wealthiest Americans of all time. When he died, Cornelius had a net worth equal to $185 billion. Cornelius earned his first fortune in shipping but the extreme wealth came much later on in life from railroads and real estate.
Early Life: Gloria Vanderbilt's father Reginald was the only male heir to the Vanderbilt railroad fortune. Her father died when Gloria was just one year old. He left her a trust fund that was worth $5 million in 1925, which is equal to roughly $70 million in today's dollars. She became the focus of a child custody case when her mother Gloria Morgan Vanderbilt and her aunt Gertrude Vanderbilt Whitney, founder of the Whitney Museum, both wanted custody of her and control of the $5 million trust fund. Her mother lost the battle and Gloria was raised by her aunt.
Fashion and Art Success: Though she easily had the wealth and connections to live a lazy socialite life, Gloria embarked on a very successful career as a fashion designer and artist. After achieving some early success as an artist, Gloria lent her name to a line of designer jeans and fragrances which were sold at high-end department stores throughout the world. Her fashion career peaked in the 1980s. Gloria personally earned $10 million worth of royalties from her jeans in 1980 alone, which is the same as around $30 million today after adjusting for inflation. Decades later she would claim that she earned far more money selling jeans than through inheritance. Of her fashion fortune vs inherited wealth, Gloria famously said: "The money you make yourself is the only kind of money that has any reality."
Gloria Vanderbilt was married to Pat DiCicco, Leopold Stokowski, Sidney Lumet, and Wyatt Emory Cooper. She had four children, one of whom died of suicide. Gloria authored six memoirs in addition to three novels and two art and home decor books. The HBO documentary Nothing Left Unsaid: Gloria Vanderbilt & Anderson Cooper aired in 2016 and was produced and directed by Liz Garbus.
Gloria Vanderbilt died on June 17, 2019 at the age of 95. Several weeks later it was revealed that Gloria had left the majority of her estate to her son, Anderson Cooper.
|Net Worth:||$200 Million|
|Date of Birth:||Feb 20, 1924 - Jun 17, 2019 (95 years old)|
|Profession:||Designer, Actor, Artist, Writer, Fashion designer, Socialite, Visual Artist|
|Nationality:||United States of America|