How much is Phoebe Cates worth? Unveiling the incredible net worth of the talented actress.

What Is Phoebe Cates' Net Worth?

Phoebe Cates, an American actress, model, and entrepreneur, has a net worth of $35 million. This includes her wealth accumulated over three decades of marriage to fellow actor Kevin Kline. Phoebe gained recognition for her roles as 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). She also starred in a 1989 Broadway production of Paddy Chayefsky's "The Tenth Man."

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Early Life

Phoebe Cates, born as Phoebe Belle Cates on July 16, 1963, in New York City, grew up with older sister Valerie and younger sister Alexandra. Her mother, Lily, was born in China, while her father, Joseph (formerly Katz), worked as a Broadway and television producer involved in creating the game show "The $64,000 Question." Phoebe attended the Professional Children's School and the prestigious Juilliard School. She started her career in modeling at the age of 10, appearing in teen magazines like "Seventeen." However, she ultimately decided to focus on dance, earning a scholarship to the School of American Ballet but had to stop due to a knee injury at 14. Phoebe admitted that her modeling career became repetitive, and she continued primarily for financial reasons.

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Career

While dissatisfied with her modeling career, Phoebe sought opportunities in acting. Her debut film was "Paradise" in 1982, where she initially hesitated due to the requirement of nudity. Encouraged by her father, she took on the role. In addition to starring in the film, she sang the theme song and recorded her album named "Paradise." Phoebe voiced her disapproval when producers filmed naked shots of her character using a body double without her consent, resulting in her refusal to promote the movie. She gained significant attention for her role as Linda Barrett in "Fast Times at Ridgemont High" (1982), particularly for the memorable bikini-drop scene. The film's cultural significance led to its preservation in the Library of Congress' National Film Registry in 2005. Phoebe also appeared in other movies such as "Gremlins" (1984), "Private School" (1983), and "Drop Dead Fred" (1991).

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Personal Life

In the early '80s, Phoebe lived with her boyfriend, Stavros Merjos, in a Greenwich Village apartment. It was during an audition for "The Big Chill" in 1983 that she met actor Kevin Kline, although they were both in separate relationships at the time. Two years later, after both becoming single, they began dating. Phoebe and Kevin got married on March 5, 1989, and have two children together: son Owen (born October 14, 1991) and daughter Greta (born March 21, 1994). The entire family appeared in the film "The Anniversary Party" in 2001. Owen pursued a career in writing, directing, and acting, while Greta became a singer-songwriter and musician. In 2005, Phoebe opened the Blue Tree boutique on Madison Avenue in NYC.