What is Mickey Rooney net worth estimated? How did he get his fortune?

Mickey Rooney Net Worth at the time of his passing in 2014 remains a topic of intrigue and reflection on a career that spanned nine decades. Despite a prolific presence in over 300 films, Rooney's net worth was surprisingly modest, estimated at only $20 thousand. Beginning his acting journey as a child in vaudeville, Mickey Rooney became a household name as the beloved character Andy Hardy in a series of MGM films during his teenage years. Between 1939 and 1941, he was Hollywood's top box-office draw, with credits in iconic films like 'Boys Town,' 'Babes in Arms,' and 'The Black Stallion.' His immense talent earned him numerous accolades, including an Academy Award and an Emmy.
Throughout his life, Mickey Rooney was married eight times and fathered 11 children. His passing on April 6, 2014, at 93, revealed a modest estate valued at $18,000. In his final years, Rooney became a vocal advocate against elder abuse, particularly financial exploitation. Tragically, he had to take legal action against his own stepson for mismanaging his estate, resulting in significant financial loss.
What is Mickey Rooney net worth?
Name | Mickey Rooney |
---|---|
Category: | Richest Celebrities › Actors |
Net Worth: | $20 Thousand |
Birthdate: | Sep 23, 1920 - Apr 6, 2014 (93 years old) |
Birthplace: | Brooklyn |
Gender: | Male |
Height: | 5 ft 1 in (1.57 m) |
Profession: | Actor, Comedian, Film Producer, Film director, Soldier, Radio personality, Voice Actor, Television producer |
Nationality: | United States of America |
Highest Paid Actor
In the late 1930s, Mickey Rooney was not just Hollywood's biggest star; he was also its highest-paid actor, earning an impressive $150,000 annually, equivalent to $2.5 million today. In 1949, he negotiated a groundbreaking five-film deal with MGM, receiving $25,000 per film, which would be around $275,000 per movie in today's currency.
Financial Problems
Despite his early success, Mickey Rooney struggled financially due to poor investments and the impacts of eight marriages. He declared bankruptcy twice, and at the time of his death, his estate was worth a mere $18,000. He left behind significant medical debts and unpaid taxes.
Early Life and Career Beginnings
Born Ninnian Joseph Yule Jr. on September 23, 1920, in Brooklyn, New York, Mickey was the son of vaudevillian Joe Yule and chorus girl Nellie W. Carter. After his parents' separation, he moved with his mother to Hollywood, where he debuted in film at six. During the early '30s, he appeared in several films and attended the Hollywood Professional School and Fairfax High School.
Rooney's first major role was as Mickey McGuire in a series of short films from 1927 to 1936, starring in 78 of them. He also appeared in films like 'Fast Companions' and 'A Midsummer Night's Dream,' the latter earning him significant attention for his stage performance as Puck.
Andy Hardy and Hollywood Fame
In 1937, Mickey Rooney achieved fame with his portrayal of Andy Hardy in 'A Family Affair,' a role that led to 13 more films. His partnership with Judy Garland in films like 'Babes in Arms' earned him an Oscar nomination and solidified his status as a box-office sensation. Rooney's dramatic talents shone in 'Boys Town,' for which he received a special Juvenile Academy Award.
World War II and Professional Lull
Drafted in 1944, Rooney served nearly two years in the military, entertaining troops worldwide. Post-war, his career struggled due to his inability to transition from teenage roles to leading man characters. Despite this, he continued to work in film and radio, reprising his role as Andy Hardy.
Continued Television, Film, and Stage Career
Rooney revived his career in the 1950s with 'The Mickey Rooney Show' and films like 'The Bold and the Brave,' earning him his third Oscar nomination. He enjoyed television success and made his Broadway debut in 'Sugar Babies' in 1979, earning Tony and Drama Desk nominations. His role in 'The Black Stallion' brought another Oscar nod, and he received an honorary Oscar in 1983 for lifetime achievement.
1990s, 2000s, and Final Years
Despite financial struggles and a second bankruptcy in 1996, Rooney continued to perform, penning his memoir 'Life is Too Short' in 1991. He appeared in various stage productions and films like 'Night at the Museum.' His cameo in 'The Muppets' and reprisal in 'Night at the Museum: Secret of the Tomb' were among his final works.
Personal Life
Mickey's personal life was marked by eight marriages, beginning with Ava Gardner in 1942 and ending with Jan Chamberlin, whom he married in 1978. He fathered nine biological children, two stepchildren, and was a grandfather and great-grandfather to many. His tumultuous personal life often mirrored his financial instability, but his legacy as a Hollywood legend endures.
What is Mickey Rooney's estimated net worth?
Mickey Rooney's estimated net worth was approximately $20 million at the time of his death in 2014. However, due to his extensive career in Hollywood spanning over 90 years, it is difficult to determine an exact figure. He was a highly successful actor, producer, and entertainer, and his legacy continues to live on through his iconic roles and contributions to the film industry
How did Mickey Rooney make his fortune?
Mickey Rooney made his fortune through his successful career as an actor, spanning over nine decades. He appeared in over 300 films, TV shows, and Broadway productions, earning him numerous awards and accolades. Additionally, he was a savvy businessman and invested in real estate, further increasing his wealth
What was Mickey Rooney's highest paid role?
Mickey Rooney's highest paid role was in the 1939 film 'Babes in Arms,' where he earned $150,000. This was a significant amount at the time, as it was during the Great Depression. Rooney's performance as a young entertainer helped solidify his status as a Hollywood star and launched his successful career in the film industry
Did Mickey Rooney have any financial struggles during his career?
Throughout his long career, Mickey Rooney faced numerous financial struggles, including multiple bankruptcies and legal battles over unpaid taxes. Despite his success as a child star and later as an adult actor, Rooney's financial troubles were often attributed to poor money management and exploitation by those around him. However, he continued to work tirelessly until his death in 2014, leaving behind a legacy of talent and resilience
How much did Mickey Rooney leave behind in his will?
Mickey Rooney left behind an estate worth approximately $18,000, including his personal belongings and real estate properties. However, he had previously stated that he wanted his estate to go to his stepson and caretaker, Mark Rooney, rather than his estranged wife and children. This decision sparked a legal battle over his will and final wishes