As one of the most talked-about figures, Phoebe Cates has built a significant fortune. Our team analyzed the latest data to provide a clear picture of their income.

What Is Phoebe Cates' Net Worth?

Phoebe Cates is an American actress, model, and entrepreneur who has a net worth of $35 million. That is a combined net worth with her husband of more than three decades, fellow actorKevin Cline. Phoebe Cates is best known for playing Linda Barrett in "Fast Times at Ridgemont High" (1982), Kate Beringer in "Gremlins" (1984) and "Gremlins 2: The New Batch" (1990), and Elizabeth "Lizzie" Cronin in "Drop Dead Fred" (1991). Cates also appeared on Broadway in a 1989 production of Paddy Chayefsky's "The Tenth Man."

Outside of New York City, in the town of Garrison, New York, Kevin and Phoebe own a 5+ acre farm property which they acquired in 1988 for $770,000.

Phoebe Cates was born Phoebe Belle Cates on July 16, 1963, in New York City. Her mother, Lily, was born in China, and her father, Joseph (whose original surname was Katz), was a Broadway and television producer who was involved in the creation of the game show "The $64,000 Question." Phoebe grew up with older sister Valerie and younger sister Alexandra, and she attended the Professional Children's School and the prestigious Juilliard School. Cates began modeling at age 10 and appeared in teen magazines such as "Seventeen." A few years later, she decided that she wanted to focus on dance, and she earned a scholarship to the School of American Ballet but had to drop out after injuring her knee at age 14. Phoebe said of her modeling career, "It was just the same thing, over and over. After a while I did it solely for the money."

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Phoebe largely retired from acting in the mid-1990s to focus on raising her children. Her last official screen credit is a 2001 film called "The Anniversary Party."

Phoebe Cates in 1985 (Photo by Vinnie Zuffante/Getty Images)

For the last several decades Kevin and Phoebe have lived in an exclusive Manhattan building located at 1125 Fifth Avenue. Not much is known about the Kline/Cates residence. Depending on the layout, the unit could be worth anywhere from as little as $10 million to well over $20 million. For example, in 2019Bette Midlerlisted the penthouse unit in the building for $50 million. She ultimately pulled the listing. A year earlier, the unit directly below Midler was listed for $20 million. This listing was also eventually taken off the market.

After becoming dissatisfied with modeling, Cates decided to try acting, and she made her film debut in 1982's "Paradise." Though she was initially uncertain about the job because it required nudity, her father encouraged her to do the movie, telling her, "What are you going to do, model for the rest of your life? What are you so hung up on nudity for?" Besides starring in the film, Phoebe also sang the theme song and recorded an album entitled "Paradise." Cates alleged that producers of the movie filmed naked close-ups of her character using a body double without her permission, and she refused to do any promotion for the movie. Her second film was 1982's "Fast Times at Ridgemont High," in which she was responsible for what "Rolling Stone" magazine described as "the most memorable bikini-drop in cinema history." In 2005, the Library of Congress selected the film for preservation in its National Film Registry for being "culturally, historically, or aesthetically significant." In 1983, Phoebe appeared in the film "Private School" and the TV movie "Baby Sister," and she performed the songs "How Do I Let You Know" and "Just One Touch" on the "Private School" soundtrack.

In summary, the total wealth of Phoebe Cates reflects strategic moves.

Disclaimer: All net worth figures are estimates based on public data.