Gwyneth Paltrow is an American actress, singer, lifestyle writer, and businesswoman who has a net worth of $150 million. Her fortune comes partly from a successful acting career dating back to the early 1990s and partly from a successful lifestyle business empire, Goop.
Early life: Gwyneth Kate Paltrow was born on September 27, 1972, in Los Angeles, California. Her parents are the late TV director/producer Bruce Paltrow and Tony Award-winning actress Blythe Danner. She has a brother, Jacob Paltrow, who is three years younger. The family moved from Los Angeles to New York City when Gwyneth was 11 but later returned to California. Her father was Jewish and her mother is from a Christian background, so Paltrow was raised celebrating both Jewish and Christian holidays.
Because her parents were heavily involved in the entertainment industry, it was only natural that Gwyneth went down the path of a performer as well. Her first role was in the 1989 television movie “High,” which was directed by her father. She often acted on stage in Massachusetts, where her mother performed in summer stock theatre for many years.
Early Career: Paltrow’s big-screen debut was in the 1991 film “Shout.” She was then cast as a young Wendy Darling in 1991’s “Hook,” which was directed by her godfather, Steven Spielberg. Paltrow distinguished herself from the pack of rising young female stars in the 1990s, garnering a loyal following and multiple awards and positive reviews.
Rising Popularity: The first time Paltrow earned critical praise was for her amazingly mature performance in “Se7en” (1995) as a young detective’s wife. Blessed with fair, patrician looks, acute intelligence, and the ability to portray complex emotions, Paltrow easily paved her way in British period dramas like “Emma” (1996). She has kept audiences entertained with occasional comedies like “Shallow Hal” (2001) and richly drawn portraits of complex women like the eccentric Margot Tenenbaum in Wes Anderson’s “The Royal Tenenbaums” (2001).
1998 was an important point in Paltrow’s career as she starred in five high-profile movies that were released that year: “A Perfect Murder,” “Hush,” “Great Expectations,” “Sliding Doors” and “Shakespeare in Love.”
It was her role as Viola de Lesseps, William Shakespeare’s fictional muse, in “Shakespeare in Love” that can really be considered her breakout performance. She shone as Shakespeare’s love interest and the movie received almost universal acclaim. The movie would go on to win the Best Picture Academy Award in 1999, and Paltrow herself won a Best Actress Oscar along with a Golden Globe and Screen Actors Guild award. Her paycheck for the award-winning movie was $750,000.
In 2003, Paltrow starred in “View From the Top,” in which she portrayed a woman who realizes her goal of becoming a flight attendant. The movie grossed only $19.5 million worldwide, significantly below its $30 million budget. It was panned by just about everyone, including Paltrow herself who later called it “the worst movie ever.” It may not have been successful, but “View From the Top” earned Gwyneth a cool $10 million.
“Iron Man” Franchise: One of Paltrow’s most notable roles is that of Pepper Potts in “Iron Man.” The 2008 movie was a box-office success, earning more than $585 million worldwide and receiving overall positive reviews. It was Paltrow’s most successful movie to date. She then reprised the role in two “Iron Man” sequels, three “Avengers” movies, and “Spider-Man: Homecoming.”
Musical Career: Paltrow is not just a talented actress, but a skilled singer as well. She showed off her vocal talents in the 2000 movie “Duets,” which was directed by her father. In 2010, she again put her musical skills on display in the movie “Country Strong,” in which she played a washed-up country singer. Paltrow has released several singles, including “Country Strong” which was featured in the movie.
Personal Life: Gwyneth Paltrow has been romantically linked to some of the biggest names in Hollywood. She dated Brad Pitt from 1994 to 1997; the couple was engaged for a time but called off the wedding. Paltrow and Ben Affleck dated on and off for three years, from 1997 to 2000. She began dating Coldplay frontman Chris Martin in 2002; they married in 2003 and had two children, Apple and Moses. Gwyneth has spoken publicly about her struggle with postpartum depression following the birth of her second child.
Paltrow and Martin separated amicably in 2014 in what they referred to as “conscious uncoupling,” a phrase which then became something of a media sensation in itself. Gwyneth filed for divorce in 2015 which was finalized in 2016.
Gwyneth began dating TV writer/producer Brad Falchuk in 2014. They married in a private ceremony in the Hamptons in 2018.
Goop: Although Gwyneth rose to notoriety as a performer, her real legacy seems to be her lifestyle brand, Goop. The company began in 2008 as a lifestyle newsletter that Paltrow sent from her home, offering recipes, product recommendations, and tips. Its readership grew quickly and the business branched out into a website, a print magazine, a podcast, and pop-up shops. Paltrow and Goop are sometimes criticized for showcasing expensive products.
As of this writing, Goop employs more than 200 people.
In March 2019 Goop raised $50 million in Series C funding at a valuation of $250 million. Typically after a Series C funding round a founder like Paltrow’s stake is reduced to around 30%. Assuming that’s the case here, Gwyneth’s paper stake is worth $75 million before taxes.
Other Ventures and Interests: Paltrow has a diverse set of business and personal interests besides acting and Goop. She is also a spokesperson for Estee Lauder fragrances and Bean Pole International, a Korean fashion brand. She has narrated several audiobooks in Bill Martin’s “Brown Bear, Brown Bear, What Do You See?” series, the first of which earned her a Grammy nomination for Best Spoken-Word Album for Children.
Gwyneth has written several cookbooks, one of which inspired the culinary fad of avocado toast. She also appeared in the 2008 PBS documentary “Spain…On the Road Again,” which explored the food and culture of Spain.
Summary: Academy Award-winning actress and singer Gwyneth Paltrow has a net worth of $150 million. She began acting in 1990 and is most widely recognized for her roles in “Shakespeare in Love,” “Emma,” “The Royal Tenenbaums,” and the “Iron Man” franchise. Her movies have grossed a combined $8.8 billion worldwide. Outside of acting, she is the founder of lifestyle company Goop
|Net Worth:||$150 Million|
|Date of Birth:||Sep 27, 1972 (49 years old)|
|Height:||5 ft 8 in (1.75 m)|
|Profession:||Singer, Actor, Model, Businessperson, Writer, Comedian, Author|
|Nationality:||United States of America|