Joan Rivers Net Worth

What was Joan Rivers' Net Worth and Salary?

Joan Rivers was a New York-born comedian, actress, and television host who had a net worth of $150 million. Noted for her sharp wit, Joan Rivers was one of the most famous comedians of our time before her passing in 2014. Joan Rivers began her career in the late 50s, working as an actress and comedienne in New York.  Her first professional role was opposite Barbra Streisand in an Off-Broadway production of "Driftwood."  She went on to a successful stand-up career in the 60s and eventually parlayed her comedy and writing work into a small empire. Her ambition and tenacity have led to a career that has spanned more than four decades and extended across multiple media, including film, television, theater, and books. She became the first woman to host her own talk show, and she won countless awards over the course of her career. She was also a shrewd entrepreneur, creating a number of successful businesses.

Early Life

Joan Alexandra Molinsky was born on June 8th, 1933, in Brooklyn, New York. Raised alongside one sister by Russian-Jewish parents, she became heavily involved in drama and theater from a young age. However, she struggled in school due to the fact that she was overweight, and this had an impact on her body image throughout her later life.

After graduating from high school, Joan attended Connecticut College before transferring to Barnard College in Manhattan. In 1955, she graduated with a B.A. in English literature and anthropology. She spent a lot of time working odd jobs before she entered show business. At various points, she was working as a tour guide, a fashion consultant, and a writer for an advertising agency. When she linked up with an agent, he advised her to adopt a stage name, and she chose the last name "Rivers" (which was coincidentally the same last name as her agent).

Career

Joan Rivers began her career in the late 50s with a number of Broadway performances. She also started to appear at comedy clubs in New York City. In the 60s, she appeared in the film "Once Upon a Coffee House," and made her breakthrough when she appeared on "The Tonight Show" with Johnny Carson. This led to appearances on a number of other television shows throughout the rest of the 60s.

Throughout the 70s, Rivers continued to consolidate her presence on television with a number of high-profile roles and appearances. During the 80s, she continued her successful run, although she also focused more on stand-up comedy. Towards the end of the decade, she got her own show: "The Joan Rivers Show." She later won an Emmy as a result of this achievement. Shows such as these became a focus for Joan throughout the 90s as well.

In the 2000s, she started covering red carpet events for the TV Guide Channel after being offered a three-year contract reportedly worth between $6-$8 million. She continued to appear in various television shows over the next few years, and she also established herself as a voice actor with a number of roles in animated films and television shows.

Relationships

Although Rivers was briefly married in 1955, her most high-profile marriage came in 1965 when she wed Edgar Rosenberg. In 1968, they had a daughter who later became known as Melissa Rivers. Joan's marriage to Edgar ended in tragedy when he committed suicide in 1987. He took his own life four days after she asked him for a divorce.

Later, Rivers would admit that their marriage was never really on solid ground. Joan stated that Rosenberg mistreated her considerably over the course of their 22-year marriage. On the other hand, she also admitted to having several extra-marital affairs while married to Edgar. Following her husband's suicide, Rivers also contemplated taking her own life.

Passing

In 2014, Joan Rivers underwent what she assumed was going to be a routine medical procedure on her throat. For a number of potential reasons, she stopped breathing partway through the procedure. She was successfully resuscitated, but she then fell into a coma and eventually died in a hospital. The official reason of death was listed as brain damage from lack of oxygen.

An official investigation determined that the medical clinic that she visited made a number of mistakes. Chief among these mistakes was the failure to notice Joan's worsening condition, including a clear drop in blood pressure. It was also suspected that the clinic had administered the incorrect dosage of anesthetic, and some suggested that Joan never actually consented to the procedure in the first place.

Eventually, Joan's daughter Melissa filed a malpractice lawsuit against the doctors who were running the clinic. The doctors ended up taking full responsibility for the death of Joan Rivers, and they settled the suit for an undisclosed amount.

NYC Apartment

After Joan Rivers passed away, she left behind a lavish condo in New York City. The apartment features decor that looks like it's taken straight out of the Palace of Versailles. The four-bedroom property also features terraces that offer beautiful views of the city.

It's a legendary home owned by an equally larger-than-life entertainment industry figure. The home is in a limestone mansion just off Fifth Avenue and was built in 1903 during the Gilded Age. It was designed by Horace Trumbauer, who was prominent at that time. Inside, Ms. Rivers' former triplex certainly lived up to the building's reputation. It had ornate details restored from its original architecture, double-height entertainment rooms, and some of the most arresting views of the Manhattan skyline. Residents and visitors enter from an elevator landing, which opens onto what is described as "one of the grandest rooms in Manhattan." That would be the ballroom and adjoining music room – with 23′ ceilings – create the centerpiece of the 11-room home. Further into the space, and beyond three French doors, is the dining room and terrace access, which can also accommodate dining.

Three fireplaces, a couple of them marble, help keep the interiors warm and at least inviting on frigid New York nights. The array of crystal chandeliers, medallions and ceiling paintings keep visitors looking up.

The second floor of the unit is just as busy, with a mezzanine that overlooks the music room and ballroom, and which leads to the master suite. This level also has access to the servant's quarters, through a stairway near the kitchen. Just like properties with guest houses in the country, this place in town has separate guest quarters, with two bedrooms, two bathrooms, a large living room and an eat-in kitchen.

For a long period after Joan's passing the apartment remained unsold. Finally, it was sold for $28 million in 2020:

Connecticut Farm

In 2000, Joan purchased a farm in Connecticut for $1.438 million. Situated on 84 acres, the estate in the Litchfield County area of Connecticut was surprisingly low-key compared to her over the top public persona. With 5,000 square feet of space, a massive kitchen, five fireplaces, high ceilings with antique beams, and rooms that went on for days. She did extensive work on the property over the next nine years before putting it back on the market for a whopping $6.5 million. After reassessing her pricing, she then relisted the property for $4.9 million before accepting $4.5 million in 2013.

Bucks County Plans

In the 80s, Joan Rivers was part of a massive real estate development project that took place in Bucks County, Pennsylvania. The goal was to create a "mini Beverly Hills" that would attract all kinds of celebrities. Because of its location, it was seen as an ideal location for people who were commuting between New York City, Philadelphia, Atlantic City, and to some extent California. Joan and other investors poured over $19 million into the development project. Unfortunately, a number of factors led to the failure of the project.

Still, a lavish property was built specifically for Joan Rivers and her husband at the time in Bucks County, but she never actually moved in due to the failure of her development project and the suicide of her husband. The 12,000-square-foot mansion sits on a 10-acre plot with a pool and jacuzzi and looks as if it were taken straight from Beverly Hills. It's totally at odds with nearby houses in the area (the average price for a house in Bucks County is around $300,000). In 2020, the unused property hit the market for $2.7 million.