What Was Marilyn Monroe Net Worth? Who Inherited Her Assets After She Died?

Marilyn Monroe is one of Hollywood’s most enduring stars, but the tragedy of her short life often overshadows what an amazing actress and in-demand face she was on-screen. Marilyn Monroe had 33 acting credits in a career that lasted only 15 years. You might wonder about her net worth and who got her estate when she died.

Some of Monroe’s most famous works show her as a “blonde bombshell” who likes the finer things in life. These include movies like How to Marry a Millionaire and songs like “Diamonds Are a Girl’s Best Friend” from the movie Gentlemen Prefer Blondes. But she was also wary of the business world. Monroe is said to have said, “Hollywood is a place where they’ll pay you a thousand dollars for a kiss and fifty cents for your soul.” This quote shows that she knew how exploitative the film industry could be. Marilyn Monroe’s net worth is still among the highest of all time, even though she has been dead for 60 years.

What Was Marilyn Monroe’s Net Worth? 

Marilyn Monroe was an American singer, actress, and model with a net worth of $800,000 when she died in 1962. Considering inflation, that’s the same as about $7 million in dollars today. Marilyn’s film salary was just under $3 million throughout her career. When inflation is considered, this is the same as about $24 million before taxes. She wasn’t very good with money. She spent a lot on strangers, relatives, and employees and bought herself expensive jewelry, clothes, and other things.

Marilyn Monroe Net Worth
Marilyn Monroe Net Worth

Monroe was a blonde bombshell who appeared in more than 30 movies, such as “How to Marry a Millionaire” (1953), “There’s No Business Like Show Business” (1954), “The Seven Year Itch” (1955), “Bus Stop” (1956), “The Prince and the Showgirl” (1957), and “Some Like It Hot” (1958). (1959).

In the middle of the 1950s, Marilyn and photographer Milton Greene started their own production company, Marilyn Monroe Productions. Marilyn was the executive producer of “The Prince and the Showgirl.” Monroe was #6 on the list of the 50 greatest female American screen legends made by the American Film Institute. She was also on the Smithsonian Institution’s list of the “100 Most Important Americans of All Time.” Marilyn’s life was cut short when she died in August 1962 from an overdose of barbiturates. She was only 36 years old. Even though her death was ruled a suicide, many people think she was killed because of strange things that happened around her death.

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Estate Value And Ownership

According to her will, Marilyn’s total net worth was around $370,000, which was filed in Los Angeles County when she died. This was after settlement costs and estate fees were paid. In Norma Jeane Mortenson’s will, she left $10,000 to both her half-sister and the person who had helped her for many years. They will also put $5,000 into a college fund for the child of her assistant. In the will, her mother got a $100,000 trust fund.

Monroe left her property to Lee Strasberg, her beloved acting coach. Lee and his first wife, Paula, raised Marilyn as if she were their own. Throughout her life, they were very close. Lee Strasberg also got 75% of her “residual estate,” another name for her intellectual property rights.

The other 25% went to Dr. Marianne Kris, Monroe’s therapist.

When Dr. Kris died in 1980, the Anna Freud Centre for the Psychoanalytic Study and Treatment of Children in London got 25% of what had become a cottage industry.

Marilyn Monroe’s Net Worth

Four years after Monroe died, in 1966, Paula Strasberg also passed away. After a year, Lee married a 28-year-old actress from Venezuela named Anna Mizrahi. When Monroe died, Anna was only 23 years old. When Lee died in 1982, 75% of Marilyn Monroe’s estate went to Anna.

Anna turned Monroe licensing into a booming empire by making deals with companies like Mercedes-Benz, Revlon, Absolut Vodka, and Coca-Cola for many products and endorsements. Anna Strasberg would make Marilyn Monroe, who she probably never met, one of the highest-paid dead celebrities in the world, making herself tens of millions of dollars in the process. Anna Strasberg strongly supports animal rights, so she would not let photos of Marilyn Monroe wearing fur be licensed or sold to many people.

Anna eventually worked with CMG, a company that manages celebrities, to market Monroe. CMG is said to have promised Anna at least $1 million in licensing fees every year. As part of a lawsuit, court records would later show that Anna made “more than $7.5 million in licensing income” from 1996 to 2000 alone.

In the end, Authentic Brands Group bought Anna’s 75% stake for between $20 and $30 million in January 2011.

Anna eventually bought a house in Marilyn’s Brentwood neighborhood, which was only seven minutes away, door-to-door. Anna’s home is now worth between $7 and $10 million.

Who Inherited Her Assets After She Died?

Who got Marilyn Monroe’s money and property? Monroe’s will said that she should give her longtime assistant and her half-sister each $10,000. She left her mother a $100,000 trust fund and put $5,000 into a trust fund for the education of her assistant’s child. Monroe went 75 percent of her estate and intellectual property to her acting coach, Lee Strasberg, and the other 25 percent to her psychiatrist in New York, Dr. Marianne Kris. Sarah Churchwell, who wrote The Many Lives of Marilyn Monroe, told NPR in 2012, “She thought Kris was accommodating and caring.”

“Kris was starting to help her understand what she was going through.” After Dr. Kris died, some of her money went to the Anna Freud Centre in London, which helps children with mental health problems. Churchwell said, “That would have made [Monroe] very happy.” “She did want to help people, and she wanted to feel like she’d done something.”

Marilyn Monroe’s Early Years

On June 1, 1926, Norma Jeane Mortenson, who later became Marilyn Monroe, was born in Los Angeles, California. Her mother, Gladys Pearl Baker, had two kids before leaving her abusive husband, who later took the kids away. Marilyn didn’t know she had a half-sister until she was 12 years old, and her half-brother died in 1933.

Gladys married Martin Edward Mortensen in 1924, but they broke up a few months later. She put Mortensen’s name on Monroe’s birth certificate, but it is thought that he was not her father. Gladys had mental illness and money problems, and after her mother had a mental breakdown, the state took care of Marilyn. Monroe lived in foster homes for the next few years, where she was sexually abused. This made her shy and gave her a stutter.

She later lived at the Los Angeles Orphans Home. In 1936, Grace Goddard, a friend of her mother’s, became Monroe’s legal guardian. However, after Goddard’s husband, Doc molested Marilyn, she moved in with different relatives and friends, including Goddard’s.

She moved in with Grace’s aunt Ana Lower in 1938 and started going to Emerson Junior High School, where she wrote for the school paper. Monroe moved back in with the Goddards in 1941 and went to Van Nuys High School. When Doc’s company transferred him to another state, Marilyn couldn’t go with the family because California has laws to protect children. Monroe married their neighbor’s son and stopped attending school so she wouldn’t have to return to the orphanage. In 1943, she and her husband moved to Santa Catalina Island.

Marilyn Monroe’s Career

Marilyn quit her job at the Radioplane Company, where she worked, and met photographer David Conover to focus on modeling. She started modeling for Conover and some of his friends, and in 1945, she was signed by the Blue Book Model Agency. Monroe began appearing in ads and men’s magazines and dyed her hair blonde. By 1946, she had been on the cover of more than 30 magazines. In June 1946, she signed with an acting agency, and in August 1946, Darryl F. Zanuck, the head of 20th Century Fox, gave her a six-month contract.

She started going by the name Marilyn Monroe on stage and taking acting, dancing, and singing lessons. Marilyn’s first movie was “Dangerous Years,” which came out in 1947. In 1948, she starred in “Scudda Hoo! Scudda Hay!” At this time, the studio asked her to take classes at the Actors’ Laboratory Theatre. Her teachers thought she was too shy to make it as an actress, so in August 1947, Fox did not renew her contract. Monroe signed with Columbia Pictures in March 1948. She was in the movie “Ladies of the Chorus” in 1948, but her contract wasn’t renewed.

Marilyn Monroe’s Success

Monroe soon started dating Johnny Hyde, the vice president of the William Morris Agency. Hyde helped her get parts in the 1950 movies “All About Eve” and “The Asphalt Jungle” and got her a seven-year deal with 20th Century Fox. Next, she was in the film “Let’s Make It Legal,” “As Young as You Feel,” “Home Town Story,” and “Love Nest” in 1951, and “Clash by Night,” “We’re Not Married!,” “Don’t Bother to Knock,” and “Monkey Business” in 1952.

In 1952, the Hollywood Foreign Press Association called her the “best young box office personality.” In 1953, the thriller “Niagara” made her one of the most famous sex symbols in Hollywood. In the same year, Marilyn also starred in the musical comedy “Gentlemen Prefer Blondes,” in which she gave a memorable performance of “Diamonds Are a Girl’s Best Friend.”

She also made a guest appearance on “The Jack Benny Program” and was on the cover and centerfold of the first issue of “Playboy” magazine. Monroe was in “Playboy” without her permission. A naked photo from 1949 was used as the centerfold, and a photo from the Miss America Pageant parade in 1952 was used as the cover.

She was in the musical “There’s No Business Like Show Business” in 1954, and then she was in “The Seven Year Itch” in 1955, which had the famous “subway grate scene” that made her then-husband Joe DiMaggio angry. Marilyn moved to Manhattan, and in 1955 she started taking private acting lessons with Lee and Paula Strasberg. Then she was in “Bus Stop” in 1956 and “The Prince and the Showgirl” in 1957. She took a break of 18 months to focus on her marriage to Arthur Miller. Monroe was in “Some Like It Hot” with Tony Curtis and Jack Lemmon in 1959. The movie was saved in the National Film Registry of the Library of Congress in 1989 because it was “culturally, historically, or aesthetically important.”

She was in “Let’s Make Love” in 1960 and “The Misfits” in 1961. “The Misfits” was her last movie. In 1962, she made a memorable appearance on CBS’s “President Kennedy’s Birthday Salute.” Marilyn started filming “Something’s Got to Give” in 1962, but she was sick for the first six weeks because of sinusitis. The studio told her she was lying about being sick to get her to work, and she did. Later, the studio fired Marilyn from the movie and sued her for $750,000.

They also stopped making the movie because Dean Martin wouldn’t work with anyone but Marilyn. Fox eventually decided they wanted Monroe back, so they gave her a new contract that included “Something’s Got to Give” and “What a Way to Go!” She then did a fashion editorial for “Vogue” and a series of naked photos published after her death under the title “The Last Sitting.”

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Marilyn Monroe’s Personal Life

Marilyn, who was 16 then, married James Dougherty, who was 21 then, on June 19, 1942. They split up in 1946. She then married retired baseball player Joe DiMaggio on January 14, 1954. Joe was jealous, controlling, and abusive, so Monroe filed for divorce nine months after the wedding.

Then, on June 29, 1956, she married playwright, Arthur Miller. They split up in 1961. There are rumors that Marilyn dated Marlon Brando, Frank Sinatra, President John F. Kennedy, and Robert F. Kennedy. There are also rumors that she planned to remarry Joe DiMaggio on August 8, 1962, the day she died. Monroe struggled with depression and drug abuse, and in the late 1950s, she was hospitalized after taking too many barbiturates. Monroe had surgery for endometriosis and cholecystectomy in 1961. She was also sent to a mental hospital, but DiMaggio saved her and got her out early.

Marilyn Monroe’s Death And Funeral

Monroe’s housekeeper, Eunice Murray, woke up early on August 5, 1962, and saw the light coming from under Marilyn’s bedroom door. Since the door was locked, she called Monroe’s psychiatrist, Ralph Greenson. He got there in half an hour and broke in through a bedroom window. He found Marilyn naked on her bed with empty pill bottles on her nightstand.

When her doctor, Hyman Engelberg, got to the house, he told the LAPD that she was dead. This was around 4:25 a.m. Monroe died between 8:30 and 10:30 p.m. the night before. A toxicology report showed that she had 4.5 mg% of pentobarbital and 8 mg% of chloral hydrate in her blood and 13 mg% of pentobarbital in her liver. Since those amounts were “several times over the lethal limit,” an accidental overdose could not have happened. Marilyn’s funeral was on August 8 at the Westwood Village Memorial Park Cemetery, and she was buried in the Corridor of Memories. DiMaggio helped set up the funeral, and for the next 20 years, he sent six roses three times a week to Monroe’s tomb.

Even though “Coroner to the Stars” Thomas Noguchi said Marilyn’s death was likely a suicide, many questions remain decades after her death. Joe DiMaggio Jr. talked to Monroe at about 7 p.m. on the night she died. He said she seemed to be in a good mood. Greenson and Engelberg said they didn’t call the police for hours because they first had to get permission from 20th Century Fox’s publicity department.

When the LAPD arrived, they found Murray washing bedsheets for no apparent reason. Murray said at first that she woke up around midnight, but later she said it was 3:00 a.m. Even though it was said that Marilyn took more than 50 pills, police found no water glass in her room and no pill residue in her stomach. The water in her room had been turned off because she was remodeling it. Officer Jack Clemmons told the author Donald Wolfe that he “knew right away” that she had been killed. Clemmons also thought that Monroe’s body looked like it had been posed.

Robert Kennedy was reportedly seen at Marilyn’s home the day she died. In an interview with biographer Anthony Summers in 1983, Murray said, “Of course, Bobby Kennedy was there [on August 4], and of course, there was an affair with Bobby Kennedy.” Kennedy was supposed to be in San Francisco that day, but Murray’s son-in-law, Norman Jefferies, confirmed that Bobby had been at Monroe’s house that afternoon and that he and Marilyn had a fight.

Neighbors said they saw Kennedy come back around 10 p.m. with two men, and a traffic officer named Lynn Franklin says he pulled over a limousine with Kennedy, Greenson, and Peter Lawford in it the night Monroe died. A persistent rumor says that Marilyn told Bobby that she was tired of being “passed around like a piece of meat” by the Kennedy brothers and that she threatened to make public the things she had written in her diaries, such as her affairs with both brothers, their ties to the mob, and a plan to kill Fidel Castro. Some think the FBI, the CIA, Jimmy Hoffa, and mafia boss Sam Giancana killed Monroe. DiMaggio said that the Kennedys were to blame and said, “I’ve always known who killed her, but I didn’t want to start a revolution in this country. She told me someone would kill her, but I didn’t say anything.”

Getting Awards And Nominated

Monroe was nominated for four Golden Globes. In 1954 and 1962, she won World Film Favorite – Female, and in 1960, she won Best Actress in a Comedy or Musical for “Some Like It Hot.” She won the David di Donatello Award and the Crystal Star Award for Best Foreign Actress for her role in “The Prince and the Showgirl.” She was also nominated for a BAFTA Award. Marilyn won a Golden Laurel for “The Seven Year Itch,” a comedy, and a Golden Train and an Audience Award for “Some Like It Hot,” a drama, at the 1959 Faro Island Film Festival. Monroe got a star on the Hollywood Walk of Fame in 1960, and the Online Film & Television Association Hall of Fame added her after she died.

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FAQs

How old was Marilyn Monroe when she died?

Monroe was found dead at her home in Brentwood, California, on August 5, 1962. She had taken too many barbiturates. She had turned 36.

What disease Marilyn Monroe had?

The endometriosis that Marilyn Monroe had

Marilyn Monroe’s use of painkillers and drugs was already known to the public. Even worse, all of these things made her endometriosis get worse. Monroe’s illness affected every part of her life, and after three failed marriages, her troubles got worse.

What was so special about Marilyn Monroe?

Some people like her because she is hot and pretty, and others like her because she is funny. Some people love how sensitive she is, while others love how she never stopped trying to improve her life.