Net Worth Ranker
What Is Andrew Shue’s Net Worth?
Andrew Shue, an American actor, athlete, and entrepreneur, boasts a net worth of $20 million. This financial standing is largely attributed to his entrepreneurial ventures, particularly his co-founding of the internet media company, CafeMedia. While he gained initial recognition for his role in the 1990s drama “Melrose Place,” his success in the digital realm has significantly shaped his overall net worth.
Early Life and Education
Born on February 20, 1962, in Wilmington, Delaware, Andrew Shue hails from a family with a penchant for the arts, as his sister, Elisabeth Shue, is also a successful actress. He attended Columbia High School in Maplewood, New Jersey, where he excelled in soccer. His athletic prowess continued at Dartmouth College, where he earned the distinction of being an All-America soccer player. During his time at Dartmouth, he spent a winter studying and playing soccer in Glasgow, Scotland, for Queens Park FC. He graduated with a B.A. in history from Dartmouth in 1989.
Career
Shue’s entry into acting was somewhat serendipitous. In 1991, while attending a movie premiere with his sister Elisabeth, an agent inquired about his acting experience, to which Elisabeth responded affirmatively. This chance encounter led to Aaron Spelling casting Shue in “Melrose Place” in May 1992. On the show, Shue portrayed Billy Campbell for six years. While on “Melrose Place,” Shue appeared in Francis Ford Coppola’s film “The Rainmakers.” Shue, along with his sister Elisabeth Shue, brother John, and brother-in-law Davis Guggenheim, collaborated on the feature film “Grace,” a project inspired by Elisabeth’s childhood experiences.
Beyond acting, Shue pursued a career in professional soccer. He played for the Bulawayo Highlanders in Zimbabwe, becoming the only white player in the Zimbabwe Premier Soccer League at the time. During his season with the Highlanders, the team secured both the Zimbabwe Premier Soccer League title and the CBZ Cup title. In September 1993, Shue played one game with the Continental Indoor Soccer League’s Los Angeles United. In July 1994, he played two games for the Anaheim Splash. In 1996, he played for the Los Angeles Galaxy and had one assist in five games. Shue was on injured reserve for the entire 1997 season.
Internet Empire and CafeMedia
In 1999, Andrew Shue transitioned into the world of internet entrepreneurship, co-founding Club Mom with Michael Sanchez. This website served as a platform for parenting information, offering blogs, message boards, articles, and a shopping club with member giveaways. Club Mom later evolved into CafeMom, a social networking site specifically tailored for mothers. Shue’s inspiration for CafeMom stemmed from observing his wife’s reliance on other mothers for support and information after he became a father. Recognizing the absence of a dedicated online space for this demographic, he and Sanchez launched CafeMom in 2006.
CafeMom’s launch coincided with the expansion of Facebook to a broader audience, marking the beginning of the social media era. The platform provided a space for mothers to connect, share advice, and find support on topics ranging from pregnancy and health to fashion, food, and entertainment. Shue and Sanchez recognized the influence of mothers in consumer decision-making, particularly in the realm of advertising. CafeMom’s success led to the creation of a family of companies, including blog The Stir, Baby Name Wizard, and popular Latina site MamasLatinas. In 2010, CafeMom reportedly rejected a $100 million buyout offer from Yahoo. By 2011, CafeMom was generating $30 million a year in ad revenue. Cafe Mom and the related websites were eventually sold off to various buyers. Andrew and his partners also sold their advertising business, CafeMedia, to a private equity firm where they work today.
Personal Life
Shue’s personal life includes a marriage to floral designer Jennifer Hageney from 1994 to 2008, during which they had three sons: Nathaniel, born in 1996, Aiden, born in 1999, and Wyatt, born in 2004. Following their divorce in 2008, Shue married former Today Show co-anchor and ABC News correspondent Amy Robach in 2010. Robach has two daughters from a previous marriage. In August 2022, reports surfaced that Amy and Andrew had separated.
Alongside Michael Sanchez, Shue co-founded Do Something in the 1990s. Do Something continues to operate, providing grants to empower young people. One initiative is “Teens For Jeans,” which has collected millions of pairs of jeans. He now sits on the Board of Directors.
Real Estate
In 2013, Shue and Robach rented a triplex townhouse in Manhattan’s Financial District. The apartment featured five bedrooms and five and a half bathrooms, spanning over 3,100 square feet. The unit also included a private elevator, providing access to the apartment’s three floors. The monthly rent for the property was reportedly $16,800.
