Overview

Julianne Phillips is an American former model and actress. Born on May 6, 1960, in Evanston, Illinois, she began her career as a model in the early 1980s, signed by Elite Modeling Agency. She transitioned to acting, gaining recognition for her role as Francesca ‘Frankie’ Reed in the television drama series ‘Sisters’ (1991–1996). She gained substantial public attention as the first wife of Bruce Springsteen, marrying in 1985 and divorcing in 1989. The divorce settlement was reported to be $20 million. Besides ‘Sisters,’ Phillips appeared in films such as ‘Fletch Lives’ (1989), ‘Skin Deep’ (1989), and ‘Big Bully’ (1996). She retired from acting in 1997 and has maintained a relatively low profile since then, making occasional appearances in biographical documentaries and reunions with her ‘Sisters’ co-stars.

What Is Julianne Phillips Net Worth

As of 2025, Julianne Phillips, the American model and actress, has an estimated net worth of $30 million. This wealth is primarily attributed to her successful career in modeling and acting, complemented by a substantial divorce settlement from Bruce Springsteen following their marriage from 1985 to 1989. Julianne Phillips’ Net Worth reflects her diverse career and strategic financial management.

Early Life and Modeling Career of Julianne Phillips

Julianne Phillips was born on May 6, 1960, in Evanston, Illinois, and was raised in Lake Oswego, Oregon. She is the youngest of six children, with four older brothers and one older sister. Her father, William Phillips, worked as an insurance broker and executive. After graduating from Lake Oswego High School, she attended Brooks College in Long Beach, California. Following college, Julianne returned to Oregon and engaged in local community theater. This experience led to her signing with Elite Modeling Agency in 1982. As a model, she quickly rose to prominence, earning as much as $2,000 a day and was described as a “perfect-ten package”. Her modeling career took her to New York City and later to Los Angeles, where she appeared in the .38 Special music video for “If I’d Been the One”. Her early modeling success significantly contributed to her financial foundation.

Acting Career and Key Roles

Julianne Phillips transitioned into acting in 1984, securing roles in made-for-TV movies such as “His Mistress,” where she co-starred with Robert Urich, and “Summer Fantasy”. She also made a brief appearance in Bruce Springsteen’s music video “Glory Days”. Throughout the late 1980s and 1990s, she appeared in several films, including “Odd Jobs,” “Sweet Lies,” “Skin Deep,” and “Fletch Lives”. In 1991, Phillips landed her most notable role as Francesca “Frankie” Reed on the television drama series “Sisters,” which she starred in until 1996. Her role in “Sisters” significantly boosted her profile and income, solidifying her status in the entertainment industry. While specific earnings from her acting roles aren’t publicly detailed, her consistent work in television and film contributed substantially to her wealth.

Divorce Settlement from Bruce Springsteen

Julianne Phillips’ marriage to Bruce Springsteen garnered considerable media attention. They married in 1985, shortly after Springsteen’s “Born in the U.S.A.” tour. However, the marriage faced challenges, and Phillips filed for divorce in August 1988, citing irreconcilable differences. The divorce was finalized in March 1989. As part of the divorce settlement, Julianne Phillips received a reported $20 million. This substantial settlement significantly impacted her net worth. The divorce agreement also included a “no talk” clause, preventing Phillips from discussing the details publicly.

Life After Acting

After leaving “Sisters” in 1996 and making a few more acting appearances, Julianne Phillips retired from acting in 1997. Since then, she has maintained a private life, residing away from the spotlight. While details about her current lifestyle are limited, it is believed she lives comfortably, supported by her divorce settlement and earnings from her acting and modeling career. In 2019, she made a rare public appearance at Teen Line’s Food for Thought Brunch at UCLA, supporting youth suicide prevention. Her ability to maintain privacy reflects her personal resolve and financial stability.

Julianne Phillips’ Net Worth Milestones

Julianne Phillips’ $30 million net worth can be attributed to several key milestones:

  • Early Modeling Career: Earning up to $2,000 a day in the early 1980s provided a strong financial start.
  • Acting Roles: Consistent roles in television and film from the mid-1980s to the late 1990s contributed steadily to her income. Her estimated earnings from acting roles amount to $4 million, in addition to $500,000 in endorsements, and $500,000 in investment income.
  • “Sisters” Success: Her role in the TV series “Sisters” elevated her status and income during the 1990s.
  • Divorce Settlement: The $20 million settlement from Bruce Springsteen in 1989 significantly boosted her net worth.
  • Strategic Investments: Prudent financial decisions and investments over the years have helped maintain and grow her wealth.

These milestones reflect a career marked by talent and strategic financial management, resulting in Julianne Phillips’ Net Worth of $30 million.

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