Net Worth Ranker
What Is Efrem Zimbalist Jr.’s Net Worth?
Efrem Zimbalist Jr., a distinguished American actor celebrated for his extensive career across stage, television, and film, had a net worth of $5 million at the time of his passing on May 2, 2014. His career spanned six decades and included notable performances that resonated with audiences. His net worth reflects the financial impact of his successful acting career, boosted by his iconic roles in television and his contributions to animated series.
Career Highlights and Earnings
Zimbalist’s career took off with his role as private detective Stuart Bailey in “77 Sunset Strip,” which aired from 1958 to 1964. This series catapulted him into the spotlight and significantly increased his earnings during that period. He further solidified his financial standing with his starring role in “The F.B.I.” from 1965 to 1974, where he played Inspector Lewis Erskine. Although the specific episode-by-episode salary details from these shows are not publicly available, leading roles in such successful series would have provided substantial income, contributing significantly to his overall net worth. It’s also important to note that a star on the Hollywood Walk of Fame was awarded to him in 1994.
In addition to his live-action roles, Zimbalist lent his distinctive voice to animated series such as “Spider-Man” and “Batman: The Animated Series.” Voice acting can be a lucrative field, with established actors commanding significant fees per episode. For instance, voice actors in prominent animated series can earn anywhere from several thousand to tens of thousands of dollars per episode, based on the role’s prominence and the actor’s reputation. While the exact figures for Zimbalist’s voice acting roles are not disclosed, these roles would have added to his annual income and increased his net worth. The Golden Globe award in 1959 for Most Promising Newcomer – Male would have helped with the increase of his net worth. He was also nominated for two Primetime Emmy Awards.
Real Estate Assets
In March 1995, Zimbalist sold his home in Encino, California, for $2.65 million. This property had been his residence for 37 years, indicating a long-term investment that yielded a substantial return. Adjusting for inflation, $2.65 million in 1995 is equivalent to approximately $5.3 million in today’s dollars, demonstrating a significant appreciation in value. This sale contributed significantly to his net worth at the time.
Following the sale of his Encino home, Zimbalist purchased a 5-acre ranch property in Solvang, California, for $540,000. While the purchase price was considerably less than the sale price of his Encino home, the Solvang ranch provided a valuable asset in his portfolio. Ranch properties can appreciate in value over time, particularly in desirable locations like Solvang, known for its scenic beauty and equestrian activities. The ongoing maintenance and upkeep of the ranch would have also represented a consistent expense, factoring into his overall financial management.
Early Life and Career Beginnings
Born on November 30, 1918, in New York City, Efrem Zimbalist Jr. came from a family deeply rooted in the arts. His parents were world-renowned violinist Efrem Zimbalist Sr. and acclaimed opera singer Alma Gluck. Despite his family’s musical background, Zimbalist was drawn to acting. He attended Yale University and worked as a page for NBC radio, experiences that likely provided early exposure to the entertainment industry and potentially some income.
Zimbalist’s acting career began on stage, with his Broadway debut in 1945 in “The Rugged Path,” starring Spencer Tracy. While the specific salary for his role in “The Rugged Path” is not publicly available, Broadway performances can provide a steady income for actors, particularly those in leading or supporting roles. His early stage work helped build his reputation and provided valuable experience that would later benefit his television and film career. His service in the U.S. Army during World War II, where he received a Purple Heart, interrupted his acting career.
Personal Life and Family
Efrem Zimbalist Jr. was married twice. His first marriage was to Emily Munroe McNair, with whom he had a son, Efrem Zimbalist III, and a daughter, actress Stephanie Zimbalist. Emily’s passing in 1950 was a significant event in his life. He later married Loranda Stephanie Spalding in 1956, and they had a daughter, Nancy. While the details of any financial arrangements within his marriages are not publicly available, family dynamics and marital status can influence financial planning and estate management. His daughter, Stephanie Zimbalist, also became a successful actress, suggesting a family legacy in the entertainment industry.
Zimbalist’s strong Christian faith played a significant role in his life. While the specifics of his charitable contributions are not widely publicized, individuals with strong religious beliefs often engage in philanthropic activities, which can have implications for their financial planning and tax strategies. His commitment to his faith was a personal aspect that influenced his values and actions throughout his life.
