When we talk about Candy Spelling net worth, we aren’t just talking about a large inheritance. She has expanded her fortune far beyond what she inherited from her late husband, Aaron Spelling.
Through strategic real estate deals, high-profile Broadway productions, and smart investments, she has significantly increased her wealth. In this article, I, PBC, will take you through the key ways she grew her fortune, including her career in Broadway and savvy real estate ventures.
Quick Facts
| Facts | Details |
|---|---|
| Real Name | Carole Gene Marer |
| Popular Name | Candy Spelling |
| Gender | Female |
| Birth Date | September 20, 1945 |
| Age | 78 years old |
| Parents | Augusta (née Rosen), Merritt Marer |
| Siblings | Anthony Marer |
| Birthplace | Beverly Hills, California, USA |
| Nationality | American |
| Ethnicity | Jewish |
| Education | Beverly Hills High School, Chouinard Art Institute |
| Marital Status | Widowed |
| Spouse | Howard Frederick Leveson (m. 1963–1964) Aaron Spelling (m. 1968–2006) |
| Children | Tori Spelling, Randy Spelling |
| Dating | N/A |
| Net Worth | $600 million (2024) |
| Source of Wealth | Inheritance, Real Estate, Broadway |
| Height | N/A |
What is the Net Worth Of Candy Spelling in 2024?
Candy Spelling’s net worth in 2024 is estimated at $600 million. This is due to her inheritance, business ventures, and other financial activities. Compared to others in her circle, Candy has done well to manage and grow her wealth, particularly through Broadway productions and real estate investments. Some notable individuals and entities in similar fields include:
- Aaron Spelling
- Tori Spelling
- Petra Ecclestone
- Beverly Hills real estate moguls
- Broadway investors
- Cynthia Erivo
- Denzel Washington
- Glenda Jackson
- Sean Hayes
- Kristin Chenoweth
For those interested in learning about other figures in Candy’s financial sphere, check out this list of top-selling authors to see how her earnings stack up in the entertainment world.
Salary and Finance Overview
How She Built Her Fortune Through Inheritance and Business Ventures
When Aaron Spelling passed away in 2006, Candy inherited a vast estate, including Spelling Manor, valued at $150 million at the time. However, Candy didn’t just rely on this inheritance. She made strategic moves in both real estate and Broadway productions to grow her wealth.
One of her significant business moves was selling Spelling Manor for $85 million to Petra Ecclestone in 2011, which contributed substantially to her fortune.
After that sale, she invested in a luxury penthouse for $35 million, which also saw an increase in value over time. Her real estate ventures have made her a major player in Beverly Hills and beyond, increasing her net worth year after year.
How She Expanded Her Wealth as a Broadway Producer
One of the key components of Candy Spelling’s wealth is her role as a Broadway producer. After her husband’s death, she ventured into this world, starting with co-producing Promises, Promises, a show that was nominated for four Tony Awards.
She went on to produce other notable shows such as The Color Purple, How to Succeed in Business Without Really Trying, and The Iceman Cometh, all of which brought in significant revenue and contributed to her overall financial profile.
Her productions have been successful in both critical and financial terms, helping her to solidify her place not just as an heiress, but as an influential figure in the theater world. This diversification of income is a large part of why she continues to thrive financially.
Books and Publications That Boosted Her Income
Aside from real estate and Broadway, Candy also made money from her two best-selling books, Stories from Candyland and Candy at Last. Both of these books were commercially successful, with Stories from Candyland reaching the New York Times Best Sellers list two weeks after its release.
Her books, along with contributions to platforms like TMZ and the Huffington Post, provided her with additional income streams and increased her public profile. The commercial success of her memoirs also added to her net worth and demonstrated her ability to branch out into various areas of entertainment and business.
Television and Documentary Appearances That Enhanced Her Financial Profile
Candy Spelling’s appearances on television have also added to her financial standing. Most notably, she starred in and produced Selling Spelling Manor on HGTV, a documentary series that followed her process of selling the mansion. This show not only brought in money from the sale of the home but also increased her visibility, which in turn increased the value of her brand.
Following that success, Candy starred in Beyond Spelling Manor, another HGTV series that documented her move into a luxury penthouse. These appearances have played an essential role in maintaining her public presence and showcasing her real estate acumen.
Real Estate Investments That Added to Her Financial Portfolio
Real estate has been a cornerstone of Candy Spelling’s financial success. After the sale of Spelling Manor, she reinvested in other properties, including her luxury penthouse. This 18,000-square-foot space on the 42nd floor of The Century cost her $35 million and is one of the most valuable pieces of real estate in her portfolio.
This is a significant part of how Candy continues to grow her wealth. She has also listed a Malibu home for $23 million, further showing her expertise in the high-end real estate market.
Involvement in Philanthropy and Public Affairs
Candy is also involved in several philanthropic efforts, which have boosted her public image and extended her network. She serves on the board of American Humane and is also a member of the UCLA Health System Board.
Her contributions to organizations like the Los Angeles World Affairs Council and LA’s Best have given her a strong reputation for public service, which indirectly supports her financial ventures by maintaining her status in influential circles.
FAQs About Candy Spelling
How did she grow her wealth after Aaron Spelling’s death?
She managed the inheritance well by selling Spelling Manor for $85 million, investing in real estate, and becoming a successful Broadway producer.
How many children does Candy Spelling have?
She has two children: Tori Spelling and Randy Spelling.
What are some notable Broadway shows she produced?
She produced several Tony Award-nominated and winning shows, including The Color Purple, Nice Work If You Can Get It, and The Iceman Cometh.
What is Candy Spelling most valuable property?
Her luxury penthouse in The Century, Los Angeles, which she purchased for $35 million after selling Spelling Manor.
What philanthropic activities is she involved in?
Candy is active in American Humane, UCLA Health System, and Los Angeles World Affairs Council.
Conclusion
Candy Spelling’s financial success comes from smart investments in real estate, Broadway productions, and more. For more information on wealth-building strategies, feel free to leave a comment or check out more content on https://pennbookcenter.com/.
