Entertainment / March 15, 2025

Phoebe Cates’s Net Worth: How Much is the Former Actress’s Worth?

Phoebe Cates is a former American actress who has a net worth of 35 million dollars. She made most of her money through her previous career as an actress. In addition to acting, she invested in various ventures that have added to her overall net worth.

Phoebe Cates was actively involved in the entertainment industry in the 1980s and ’90s. However, she quit acting in 1994 so that she could focus on her family. Despite leaving a career that generated a lot of wealth, Phoebe Cates managed to find success as an entrepreneur.

Quitting Acting

Phoebe Cates ventured into the acting career in the early 1980s soon after completing her high school education. Her beautiful charm and impeccable smile played a role in landing several roles. She went on to have a great acting career, appearing in several films and television shows. Despite finding success in the acting scene, Phoebe Cates quit acting so that she could focus on raising her two children. Most people find it difficult to quit something like that which brings them immense success, but family is above everything for Phoebe Cates. As such, Phoebe quit acting in 1994 to raise her two children. She has always spoken proudly of the decision as she states that she has been a full-time mom for 13 years.

Business Ventures

After quitting the acting industry, Phoebe Cates did not feel like going back. As a result, she chose to pursue various business ventures. Since the 2000s, Phoebe Cates has managed various businesses. One thing that has always been constant in all her endeavors is her husband’s support. He has always been by her side and supported her ventures. For instance, Phoebe Cates had a dream of owning a storefront and this has happened thanks to her husband’s support.

Phoebe has a store named Blue Tree. It is a boutique that she started in 2005, and it has managed to grow and expand over the years. The boutique is based in New York City and it sells women’s clothing, jewelry, fragrance, music, and home items.

Real Estate

Besides acting and entrepreneurial endeavors, Phoebe Cates has also invested in real estate properties, and her fortune has managed to grow immensely. Phoebe and her husband own an apartment in Manhattan. They have been owners of the building for long, and its value has grown immensely over the years. The property is believed to be worth about 10 to 20 million dollars. There are several properties of similar structure, size, and design that have been sold for a good amount of money, and it is likely that Phoebe Cates’ apartment falls in the same category.