What Is Liza Minnelli’s Net Worth?
Liza Minnelli, a celebrated American actress, singer, and dancer, boasts a net worth of $50 million. This substantial sum reflects her decades-long career across various entertainment mediums, from stage and screen to music and television. Her most acclaimed role remains Sally Bowles in the 1972 film “Cabaret,” which earned her an Academy Award.
Early Career and Rise to Prominence
Born on March 12, 1946, in Los Angeles, California, Liza May Minnelli inherited a rich entertainment legacy. Her mother was the iconic Judy Garland, and her father, Vicente Minnelli, was a respected stage and film director. Liza’s exposure to the world of entertainment began early; she made an uncredited appearance at the age of three in “In the Good Old Summertime” (1949), starring her mother. In 1961, she moved to New York City and attended high school. Liza Minnelli’s early life experiences were formative, providing her with a strong foundation for her future career.
Minnelli’s professional acting debut came at age 17 in the off-Broadway musical “Best Foot Forward.” A year later, she performed alongside her mother at the prestigious London Palladium. At 19, she landed a leading role in the Broadway musical “Flora the Red Menace,” for which she won a Tony Award. Her career rapidly gained momentum, allowing Liza Minnelli’s net worth to rise.
Parallel to her burgeoning acting career, Minnelli cultivated her singing talent. From the age of 19, she performed at nightclubs across the United States. Throughout the 1960s and 1970s, she released several albums, including “Liza! Liza!” (1964) and “Come Saturday Morning” (1969). In 1989, she collaborated with the Pet Shop Boys on the album “Results,” which achieved commercial success and reached number 6 in the UK Albums Chart. These musical endeavors significantly contributed to Liza Minnelli’s net worth.
Film and Television Successes
Minnelli’s film career began in the late 1960s. Her first credited role was in “Charlie Bubbles” (1967). Her performance in “The Sterile Cuckoo” (1969) earned her an Academy Award nomination. In 1972, she starred in “Cabaret,” winning the Academy Award for Best Actress. The film grossed $42.8 million against a production budget of $2 million, becoming a commercial success and a critical milestone in her career. Although her subsequent films, such as “Lucky Lady” (1975), “New York, New York” (1977), and “A Matter of Time” (1976), were not as successful, “New York, New York” featured her signature song. She rebounded with “Arthur” (1981), which grossed $95.5 million against a budget of $7 million. These roles had a significant impact on Liza Minnelli’s net worth.
In the 1990s, Minnelli appeared in “Stepping Out” (1991). After 2000, she had a role in “The Oh in Ohio” (2006). Minnelli also took on television roles, appearing on variety shows in the 1960s and in “Mr. Broadway” (1964). In the 2000s, she appeared in “Law & Order: Criminal Intent” and “Drop Dead Diva.” She had a recurring role as Lucille Austero on “Arrested Development,” appearing in 21 episodes. These television appearances supplemented Liza Minnelli’s net worth.
Stage Career and Awards
Minnelli’s stage career has been a constant throughout her professional life. She earned a Tony Award for “Flora the Red Menace” in 1965 and another for “The Act” in 1978. In 1997, she received a Tony Award for Best Special Theatrical Event for “Liza Minnelli: Live on Broadway.” Her stage performances have consistently drawn critical acclaim and contributed to Liza Minnelli’s net worth.
Minnelli has also received numerous other awards, including a Golden Globe Award for Best Actress for “Cabaret” in 1973 and an Emmy Award for “Liza with a Z” in 1973. These accolades reflect her wide-ranging talent and her impact on the entertainment industry. These awards have boosted Liza Minnelli’s net worth.
Relationships and Personal Life
Minnelli has been married four times, each ending in divorce. In 1967, she married Peter Allen, an Australian entertainer; they divorced in 1974. She then married Jack Haley Jr. in 1974; they divorced in 1979. Her third marriage was to sculptor Mark Gero, lasting from 1979 to 1992. In 2002, she married David Gest, a concert promoter; they divorced in 2007. Minnelli has also dated notable figures such as Peter Sellers and Martin Scorsese.
Minnelli has been open about her struggles with substance abuse. She entered the Betty Ford Clinic in 1984 for treatment. Despite these personal challenges, she has maintained a prominent career, reflecting her resilience and talent. This is a factor in understanding Liza Minnelli’s net worth.
Real Estate Holdings
In 2015, Minnelli sold a condo in New York City for $8.372 million. The apartment was located in the Imperial House complex on East 69th Street in Manhattan. She had owned the property for decades, and it was featured in a 1981 issue of “Architectural Digest,” showcasing interior design by Timothy Macdonald and her collection of Andy Warhol artwork. The sale of this property contributed to Liza Minnelli’s net worth.
While specific details about other real estate holdings are not publicly available, it is reasonable to assume that Minnelli may have other assets that contribute to her overall net worth. The specifics of these assets are not detailed, but real estate transactions play a role in maintaining Liza Minnelli’s net worth.