Ethel Kennedy was an influential figure known for her advocacy, philanthropy, and ties to the powerful Kennedy family.
With a legacy that spans politics, social justice, and real estate, many are curious about her financial standing.
But how did she build her wealth, and what were her key sources of income?
In this article, PBC dives deep into Ethel Kennedy’s wealth, her financial decisions over the years, and her lasting impact.
Ethel Kennedy Quick Facts
| FACT | DETAIL |
|---|---|
| Real Name | Ethel Skakel Kennedy |
| Popular Name | Ethel Kennedy |
| Birth Date | April 11, 1928 |
| Age | Passed away at 96 (October 10, 2024) |
| Birthplace | Chicago, Illinois, U.S. |
| Nationality | American |
| Ethnicity | Irish, Dutch |
| Education | Manhattanville College (Bachelor’s, 1949) |
| Marital Status | Widowed |
| Spouse | Robert F. Kennedy (m. 1950–1968) |
| Children | 11 (including Robert F. Kennedy Jr., Kathleen Kennedy Townsend, Joseph P. Kennedy II) |
| Dating | N/A |
| Siblings | Rushton Walter Skakel, Patricia Sistine Skakel, Georgeann Skakel, Ann Skakel, James Skakel, George Skakel Jr. |
| Parents | George Skakel, Ann Brannack |
| Height | 1.63 m |
| Net Worth | $50 million |
| Source of Wealth | Human rights advocacy, Kennedy family wealth, real estate |
What is the Net Worth of Ethel Kennedy in 2025?
As of 2025, Ethel Kennedy’s net worth was estimated at $50 million. Her wealth came from the Kennedy family fortune, real estate holdings, and philanthropic activities. While not as publicly discussed as other Kennedy members, her financial standing was significant.
Compared to other members of the Kennedy family, her net worth was substantial but not as vast as figures like John F. Kennedy or Jacqueline Kennedy Onassis.
Related People & Entities:
- Robert F. Kennedy
- John F. Kennedy
- Jacqueline Kennedy Onassis
- Hickory Hill estate
- Kennedy family fortune
- Barack Obama
- RFK Human Rights
- Arlington National Cemetery
- Manhattanville College
- Great Lakes Carbon Corporation
For more insights on the world’s most financially influential figures, check out this comprehensive list of wealthy public figures.
Ethel Kennedy Wealth, Salary, and Financial Overview
How Did She Build Her Wealth?
Ethel Kennedy’s wealth was primarily tied to the Kennedy family fortune, which was among the most powerful in American history. Her father, George Skakel, founded Great Lakes Carbon Corporation, a highly successful business that later became part of SGL Carbon.
Additionally, Ethel and Robert F. Kennedy owned significant real estate assets, including Hickory Hill estate, which they purchased from John F. Kennedy and Jacqueline Kennedy.
Her philanthropic work also played a role in her finances, as she established RFK Human Rights in 1968, a foundation that received substantial financial support over the years.
What Were Her Main Sources of Income?
While Ethel Kennedy did not have a conventional salary, her wealth stemmed from several key sources:
- Kennedy family trusts and assets
- Investments in real estate
- Sale of properties, including Hickory Hill estate
- Political and philanthropic fundraising efforts
The sale of Hickory Hill for $8.25 million in 2009 was one of her most notable financial transactions.
How Was Her Wealth Managed Over Time?
Following the tragic assassination of Robert F. Kennedy in 1968, Ethel Kennedy took control of her financial future. She managed her wealth through a combination of estate planning, real estate sales, and philanthropy.
The Kennedy family, known for its financial acumen, had professional advisors who oversaw investments and ensured financial stability. Additionally, Ethel Kennedy actively donated to social causes, affecting the overall structure of her wealth.
What Were Her Notable Real Estate Assets?
Real estate played a major role in Ethel Kennedy’s financial standing. Her most famous properties included:
- Hickory Hill estate – A historic Virginia mansion that she sold for $8.25 million in 2009.
- Hyannis Port, Massachusetts – A home in the Kennedy Compound, a family estate that housed multiple generations.
- Palm Beach, Florida – Another Kennedy property where she spent time in her later years.
How Did Her Philanthropy Affect Her Financial Standing?
Ethel Kennedy was deeply committed to social justice and human rights. She founded RFK Human Rights, which became a major platform for civil rights advocacy.
Her philanthropic contributions included:
- Donations to civil rights and social justice organizations
- Financial support for Democratic political campaigns, including Barack Obama’s presidential bid
- Hosting fundraising events, such as a $28,500-a-plate dinner for Obama in 2008
While her generosity impacted her wealth, it also strengthened her legacy as a humanitarian.
How Does Her Financial Legacy Compare to Other Kennedy Family Members?
Within the Kennedy dynasty, Ethel Kennedy’s financial influence was notable but not as prominent as other members:
- John F. Kennedy: His wealth, primarily tied to the Kennedy family trust, was substantial.
- Robert F. Kennedy: As a U.S. Senator and Attorney General, his finances were deeply connected to the family’s political influence.
- Jacqueline Kennedy Onassis: Had a significant estate, partly from her marriage to Aristotle Onassis.
- Joseph Kennedy III: As a Congressman, his political influence continues the family’s financial and political legacy.
What Is the Lasting Impact of Her Financial Decisions?
Ethel Kennedy’s financial choices ensured that Robert F. Kennedy’s legacy lived on. Her work with RFK Human Rights continues to fund projects supporting civil rights and humanitarian causes.
Additionally, her influence on political fundraising and social activism remains evident in modern Democratic politics.
Conclusion
Ethel Kennedy’s wealth was a result of family fortune, real estate investments, and philanthropy.
While her financial standing was significant, she used her wealth to support social causes and preserve her family’s legacy.
What are your thoughts on Ethel Kennedy’s financial journey?
Let’s discuss in the comments below!
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