Phoebe Cates is a well-known American actress, model, and entrepreneur with a net worth of $35 million. She gained popularity for her iconic roles in movies like “Fast Times at Ridgemont High,” “Gremlins,” and “Drop Dead Fred.” In this article, we’ll take a closer look at Cates’ life and career, as well as her net worth.
Early Life
Phoebe Belle Cates was born on July 16, 1963, in New York City. Her father, Joseph Katz, was a Broadway and television producer who was involved in the creation of the game show “The $64,000 Question,” and her mother, Lily, was born in China. Cates grew up with two sisters and attended the Professional Children’s School and the prestigious Juilliard School. She began modeling at age 10 and appeared in teen magazines such as “Seventeen.” However, after a while, she became dissatisfied with modeling and decided to focus on dance. She earned a scholarship to the School of American Ballet but had to drop out after injuring her knee at age 14.
Career
Cates 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. She starred in the film and sang the theme song, and later recorded an album entitled “Paradise.” Cates’ second film was 1982’s “Fast Times at Ridgemont High,” in which she played Linda Barrett and was responsible for what “Rolling Stone” magazine described as “the most memorable bikini-drop in cinema history.” In 1984, Cates starred in the horror-comedy “Gremlins” and reprised the role of Kate Beringer in 1990’s “Gremlins 2: The New Batch.” She also appeared in several other movies and TV shows over the years.
Net Worth
Phoebe Cates’ net worth is estimated to be $35 million. This net worth is a combined net worth with her husband, fellow actor Kevin Kline, with whom she has been married for more than three decades. Cates has also ventured into entrepreneurship, opening the Blue Tree boutique on NYC’s Madison Avenue in 2005.
Personal Life
Cates met Kevin Kline while auditioning for a role in “The Big Chill” in 1983. They began dating two years later and got married on March 5, 1989. The couple has two children, Owen and Greta, both of whom have pursued careers in the entertainment industry. Cates has also been involved in various philanthropic activities over the years, including supporting the Cystic Fibrosis Foundation and the Children’s Health Fund.
Conclusion
Phoebe Cates is a successful actress, model, and entrepreneur with a net worth of $35 million. Despite taking a step back from acting to focus on her family, Cates has continued to make her mark in the entertainment industry, and her legacy will undoubtedly live on for years to come.
