Stage presence and electrifying charisma, are just two of the traits that make Liza Minnelli one of Hollywood’s most iconic entertainers. One thing that many people don’t know about the Academy Award, Tony Award, and Emmy-winning actress, is her tremendous wealth that makes up Liza Minnelli net worth.
From the moment Liza’s parents, Vincente Minnelli and Judy Garland married in 1945, she was destined to enter the entertainment industry. Her father being a critically acclaimed director and her mother a famous actress, gave Liza the perfect platform to pursue her dreams of stardom.
This has of course led to tremendous net worth for the now 76-year-old and this article will explore the source of her wealth.
Also Read: Busta Rhymes Net Worth
Early Life and Education
The daughter of famed director, Vincente Minnelli, and singer-actress, Christiane Nina Minnelli (or “Nina” as she was affectionately known), Liza was born on March 12, 1946, in Los Angeles, California. She is the half-sister to Lorna Luft and Joey Luft, both of whom have had successful careers in showbiz.
At the age of 3, Liza appeared in her mother’s movie, “In the Good Old Summertime” as a flower girl. She later attended Lee Strasberg Theatre Institute for two years and then studied dance at New York City’s High School of Performing Arts.
Early Career and Accomplishments
Liza had amazing success in her career, spanning from theatre, music, film, and television over the years.
Theatre
In 1965, Minnelli starred alongside Joel Grey in the original Broadway production of Cabaret and won a Tony Award for her performance at the age of 19. She reprised her role in the film and earned an Academy Award for Best Actress.
She also joined her mother onstage in New York City for a series of concerts at the Palace Theatre in 1967. The pair also performed their show “Judy and Liza Together Again” at the London Palladium, earning an Emmy nomination for Outstanding Variety Special which was released as an album in 1972.
Music
Starting out in a nightclub as a singer, Minnelli released her debut studio album “Liza! Liza”, in 1964. She then released a few more albums throughout the years such as “It Amazes Me” and “Gently” which featured Warren Vaché, Sr. Her most successful album was 1989’s “Results” which was produced by Pet Shop Boys.
In 1996, she released her “Gently” album with the single “Love Pains” which was featured in the season finale of “Drop Dead Diva.”
Also Read: Gunna Net Worth
Film and Television
Minnelli starred alongside her mother in several films such as “In The Good Old Summertime” (1949) and “I Could Go On Singing” (1963). She also appeared in films including “The Sterile Cuckoo” (1969), “Arthur” (1981), and “Arthur 2: On the Rocks” (1988).
Minnelli starred in the cult classic, “Drop Dead Diva” alongside Brooke Shields and John Benjamin Hickey, as well as in a few television projects such as “Arrested Development”, “Law & Order: SVU”, and “American Horror Story”.
Liza made her television debut in 1962 and went on to star in the television anthology series “The Garry Moore Show.” She later moved on to films, starting with her role as a call girl in the 1965 movie “Torn Curtain.”
She also starred in her own special entitled “Liza with a Z” which earned her an Emmy Award. She also guest-starred in “The Simpsons” in 2009.
A Closer Look At Liz’s Net Worth
Liza Minnelli’s net worth is estimated to be $50 million. This estimate mainly comes from her decades of work in the entertainment industry, as well as royalties she earns from music sales, merchandise deals, and other investments.
Her estate includes a collection of Andy Warhol artwork which is believed to be worth around $30 million alone. She also owns a luxurious house in Los Angeles and is known to travel extensively.
Minnelli’s net worth has been greatly influenced by her marriages; she was married to Jack Haley Jr., Peter Allen, and David Gest. Her marriage to Gest lasted from 2002-2007 and granted her a financial settlement of almost $11 million.
In 2012, Liza Minnelli auctioned some of her personal items and raised an estimated $1.7 million in the process. She has also sold out concert tours around the world, further adding to her already impressive net worth.
She has also served in various charities throughout her life such as The Los Angeles Mission and the American Red Cross where she advocates and champions the welfare of people affected by HIV/AIDS.
Also Read: Lil Dicky Net Worth
Artwork and Endorsements
Minnelli had an additional source of income from Andy Warhol’s artwork which she sold for millions of dollars. She is an avid collector of fine art and she also co-owns an art gallery in Los Angeles with her half-sister, Lorna Luft.
Liz has been endorsing brands for a long time. She was the face of various companies such as American Airlines, Pillsbury, and Kodak in the past. She also recently endorsed Calvin Klein’s ‘Eternity’ perfume. She also starred in a commercial with her mother in 1967.
Personal Life
Minnelli married her first husband, Pete Allen in 1967 but the marriage was short-lived, ending a few years later. After the divorce, she married Jack Haley Jr., in 1974. The couple divorced in 1979.
She later married David Gest, a concert promoter, in 2002. This marriage was short-lived as well, with the couple divorcing in 2003.
Minnelli also dated a few famous faces such as actor Marcello Mastroianni, director Martin Scorsese, and artist Andy Warhol. Minnelli has no children. She is currently single and resides in Los Angeles, California.
Also Read: Kid Laroi Net Worth
Wrap Up
Besides coming from a celebrity family, Liza Minnelli was always determined to make her own name in the entertainment industry. Her hard work and dedication have paid off as she has achieved great success in films, television shows, and stage performances.
Her estimated net worth of $50 million is a testament to her years of dedication and hard work. She has also established a name for herself in the art and charity world. Liza Minnelli continues to be an inspiration to everyone who has a dream and is willing to work hard to make it come true.
