andy warhol net worth at time of death
Today we discuss andy warhol net worth. When he passed away in 1987, Andy Warhol was one of the most famous and influential artists of the 20th century. But how much was Warhol worth when he died? Let’s explore his net worth at the time of his death and see how it compares to what he earned throughout his career.
andy warhol net worth at time of death:
At the Time of His Death, Andy Warhol’s Net Worth was Estimated at $220 Million
At the time of his death in 1987, Andy Warhol’s net worth was estimated to be around $220 million. This is an impressive sum considering that Warhol never finished high school and never received any formal art training. His wealth largely came from the sale of his artwork—which ranged in price from a few hundred dollars to several million—as well as investments in real estate, stocks, and other businesses.
How Did He Accumulate Such Wealth?
Throughout his lifetime, Warhol sold hundreds of paintings and prints for millions of dollars each. One of his most famous works—the portrait series Marilyn Monroe—sold for $17 million back in 2007. He also made money from endorsements, book royalties, and sales from his many business ventures. These included Andy Warhol Enterprises (his own production company) as well as a chain of restaurants and nightclubs across America.
In addition to these investments, Warhol invested heavily in real estate during the 1980s. He purchased several properties throughout New York City for an estimated total cost of more than $50 million. By the time he passed away, he had amassed an impressive portfolio that included some very valuable pieces of property.
Conclusion:
All said and done, Andy Warhol accumulated around $220 million during his lifetime—an impressive sum considering he had no formal education or training in art or business management! His wealth came mainly through sales of artwork (including prints), investments in businesses such as restaurants and nightclubs, book royalties, endorsements, and real estate purchases throughout New York City. It’s clear that with dedication and hard work, anyone can achieve success – even without traditional education!
