How much is Barbra Streisand worth?
| Net Worth: | $415 Million |
|---|---|
| Profession: | Professional Singer |
| Date of Birth: | April 24, 1942 (age 80) |
| Country: | United States of America |
| Height: | 5 ft 4 in (1.65 m) |
About Barbra Streisand
Barbra Streisand is an American actress, filmmaker, and singer. She was born on April 24, 1942, in New York City. Throughout her six decades-long career, the famous actress has achieved a ton of success in different fields of entertainment. Her long list of awards and achievements includes two Academy Awards, ten Grammy Awards, five Emmy Awards, one Tony Award, as well as one AFI Life Achievement Award and Kennedy Center Honors prize.
Barbra is also one of the few artists in the entertainment business to have won the most prestigious awards ever – Emmy, Grammy, Oscar, and Tony. She is also one of the three artists in that same group to have won the unique Peabody. Besides acting, Barbra Streisand took over the music industry with her work. For more than 60 years she released 53 gold, 31 platinum, and 14 multi-platinum albums. As of now, she is one of the best selling artists of all time, having sold more than 68.5 million records.
Barbra Streisand attended the Erasmus Hall High School and then decided to pursue an acting career in the 1960. Before eventually, she began working only as an actress, Streisand took various jobs to have some income and found herself sleeping in her friends without having a permanent address.
She was first introduced to acting in early 1960 after she became an usher at the Lunt-Fontanne Theater. During the Sound of Music play, the aspiring actress heard there will be casting for singers and decided to try her luck.
In order for her to audition for the role, Barbra asked her then-boyfriend Barry Dennen to tape her while singing. It was Dennen who also offered the aspiring actress to enter a talent contest at a gay club Lion in Manhattan. Her performance was well-liked and she was asked to sing there once again. It was during this time that she decided to drop the second “a” from her name, mainly because she disliked it. Following the success at Lion, Barbra received a lot of attention from other nightclubs and they helped her gain more exposure.
The legendary Streisand became rich shortly after she received some very important roles in the film industry. Her first role was in the play Another Evening with Harry Stones. In 1961 and 1962, her personal manager Martin Ehrlichman was able to secure a lot of plays that helped boost the actress’ popularity. Success followed Barbra Streisand and she got her first television appearance during The Tonight Show.
In 1963, she released her debut studio album The Barbra Streisand Album, which won three Grammy Awards and quickly made her the best selling female vocalist in the United States. Immediately after, she began releasing more and more diverse music, starting from cabaret standards and classic renditions of the theater to contemporary material.
Towards the 1980s, the talented singer released traditional pop and Broadway music which further elevated her music career.
Over the past six decades, the widely-known Barbra Streisand has released more than 60 years she released 53 gold, 31 platinum, and 14 multi-platinum albums. She has been on top of hundreds of different music charts for both her singles and albums. To further promote her albums, the star embarked on tens of different tours around the world. Her most successful public concert was the one in 1993, in which the tickets ranged from $50 to $1,500, thus making her the highest-paid performer in history. Among some of her best music accomplishments are 43 nominations for Grammy Awards (8 of which she won), and an induction into the Grammy Hall of Fame 4 different times.
The reason why Barbra Streisand is so successful is because she flourished in different fields of entertainment. Thanks to her successful music career, the aspiring actress was finally able to land roles in well-received plays, films, and television series. Her very first film was Funny Girl, a reprise of her Broadway hit with the same name.
The film had not only artistic and commercial success but also earned Streisand her first Academy Award (for Best Actress).
In the 1970s, the actress continued to gain success when she took part in Hello, Dolly!, and The Owl and the Pussycat.
From 1969 to 1980, she also appeared in the “Top 10 Money Making Stars” poll which focuses on the annual motion picture exhibitors. Also in the 1970s, Barbra began producing her own films and formed Barwood Films in 1972. Her first film as a producer was Yenti, which was turned down by Hollywood studios because the actress also wanted to star in it. Eventually, Orion Pictures agreed to take the project and it was released in 1983. Besides Yenti, Barbra Streisand also produced, directed, and starred in The Prince of Tides and The Mirror Has Two Faces, released in 1991 and 1996, respectively.
After an over eight-year hiatus, in 2004, Barbra returned to acting and took part in Meet the Fockers, a sequel to the comedy Meet the Parents. In 2010, she appeared in the third film of the Meet the Parents trilogy – Little Fockers. Overall, Barbra Streisand had just as much success in the film industry as she had with music. In her very first film role, she won one of her two Academy Awards.
Soon, she won five Emmy, four Peabody, and nine Golden Globe Awards, joining the likes of Richard Rodgers, Rita Moreno, Audrey Hepburn, and Mel Brooks.
Streisand’s Total Net Worth
Barbra Streisand has earned estimated total career income of $575 million dollars. When she is touring Streisand can earn between $60-80 million dollars, and even when she is not, she can earn $25-35 million.
As Streisand has lived between the states of California and New York, and earned during some high federal income tax years, she will have had to pay around 52% in taxes on her career income. After tax, it is estimated that her career earnings are at around $276 million dollars, having paid $299 million dollars in taxes.
Barbra Streisand married Elliott Gould in 1963 and they divorced eight years later, in 1971. They have one child together, Jason Gould, and it is estimated that about $6-7 million has gone in Elliott’s direction. Barbra married James Brolin in 1998 and they remain together.
In her personal life she has likely spent $8-9 million dollars of her career earnings but also earned $75 million dollars from her investments. Streisand is reported to own real estate worth $100-150 million dollars in Southern California alone, she also owns a bluff top Malibu compound that could be worth around $50-60 million and she also owned property in New York and in Beverly Hills.
Streisand has assets, not including her real estate, valued at around $80-100 million dollars. Including the music that she owns the rights to, as well as a fleet of classic cars including a 1926 Rolls-Royce and a 1933 Dodge. As well as an art collection which has included works by the artists John Singer Sargent.
As she will have also had to pay around $9-10 million dollars in business related costs, it is therefore estimated, that Barbra Streisand has a net worth of about $415 million dollars.
Summing-Up
Whether it’s acting or singing, Barbra Streisand has succeeded in both. She is one of the most iconic and established actresses of all time, having won hundreds of acting and music awards. Barbra took the world by storm by selling tens of different music albums and starring in some of the most popular movies of the 20th century.
