What is Natalie Cole net worth estimated? How did he get his fortune?
Natalie Cole Net Worth is a topic that draws interest from many fans and music enthusiasts. Natalie Cole, a celebrated American singer and songwriter, had a net worth of approximately $5 million at the time of her passing in 2015. Known for her R&B hits like 'This Will Be (An Everlasting Love),' 'Inseparable,' and 'Our Love,' she left a lasting legacy in the music world.
Bankruptcy
Interestingly, Natalie Cole was among the notable celebrities who filed for bankruptcy, a move that surprised many during what appeared to be a high point in her career. In 1997, she declared bankruptcy, citing excessive spending and significant debts owed to her father's estate due to their duet album.
What is Natalie Cole net worth?
| Name | Natalie Cole |
|---|---|
| Category: | Richest Celebrities › Singers |
| Net Worth: | $5 Million |
| Birthdate: | Feb 6, 1950 - Dec 31, 2015 (65 years old) |
| Birthplace: | Los Angeles |
| Gender: | Female |
| Height: | 5 ft 9 in (1.753 m) |
| Profession: | Singer, Singer-songwriter, Actor, Pianist, Performer, Songwriter |
| Nationality: | United States of America |
Nat King Cole Estate
Speaking of her father, Nat King Cole, he left an estate valued at $3.5 million back in 1965. Adjusted for inflation, that's around $30 million today. However, poor estate planning led to his family receiving just $1 million after taxes and other expenses, equivalent to about $7 million now.
Early Life
Natalie Cole was born on February 6, 1950, in Los Angeles, California, at Cedars of Lebanon Hospital. She was the daughter of jazz legend Nat King Cole and Maria Cole, a former Duke Ellington Orchestra singer. By age six, Natalie appeared on her father's Christmas album and began performing solo by 11. She attended Northfield School for Girls in New England and later graduated from the University of Massachusetts Amherst in 1972, majoring in Child Psychology with a minor in German.
Music Career
After graduation, Cole began performing in small clubs with her band, Black Magic. Initially, she was warmly received due to her famous father, but club owners were often let down when she performed R&B and rock covers. Teaming up with Chuck Jackson and Marvin Yancy, she recorded demos that led to a contract with Capitol Records. Her debut album, 'Inseparable,' included hits like 'This Will Be' and 'I Can't Say No,' earning her a Grammy for Best Female R&B Vocal Performance and Best New Artist, making history as the first African-American artist to win the latter. Dubbed the 'new Aretha Franklin,' a rivalry with Franklin ensued, highlighted by Cole's Grammy win over Franklin.
Her second album, 'Natalie,' quickly achieved gold status with singles 'Sophisticated Lady' and 'Mr. Melody.' Her third album, 'Unpredictable,' went platinum, featuring the hit 'I've Got Love on My Mind.' Following albums like 'Thankful' and 'Natalie Live!' further solidified her success. However, with her eighth album, 'Don't Look Back,' her career momentum began to wane.
In the 1980s, Cole battled drug addiction, nearly derailing her career. Post-rehab, she reinvented herself as a pop artist with the 1987 album 'Everlasting.' Her most significant success came with the 1990s release of 'Unforgettable… with Love,' selling over seven million copies. She later released 'Unforgettable' as a duet with her father's recording.
Continuing her jazz success, Cole's 'Take A Look' won the 1993 Grammy for Best Jazz Vocal Performance. 'Stardust,' featuring another duet with Nat King Cole on 'When I Fall in Love,' earned a 1996 Grammy. Her holiday album 'Holly and Ivy' went gold in 1996, and she continued to perform and release albums into the 2000s.
Film and TV Career
As an actress, Natalie portrayed herself in 'Livin' for Love: the Natalie Cole Story' in 2001, winning the NAACP Image Award for Outstanding Actress in a Television Special. She also appeared on 'Real Housewives of New York City' in 2011.
Personal Life & Death
Throughout her life, Natalie Cole experienced three marriages. She first married Marvin Yancy, a former member of The Independents, with whom she had a son, Robert Adam 'Robbie' Yancy, who sadly passed away in 2017. Subsequent marriages to Andre Fischer and Bishop Kenneth Dupree ended in divorce. Health issues, including hepatitis C and kidney failure, plagued her later years. Natalie Cole passed away on December 31, 2015, at 65, due to congestive heart failure. Her funeral, attended by many industry icons, was held in Los Angeles, and she was laid to rest at Forest Lawn Memorial Park in Glendale, California.
What is Natalie Cole's estimated net worth?
According to Celebrity Net Worth, Natalie Cole's estimated net worth is $5 million. However, her true wealth may be higher due to her successful music career and various business ventures. She also earned a significant amount of money through royalties from her father, Nat King Cole's, music catalog. Despite facing financial struggles in the past, Cole's legacy and impact in the music industry continue to contribute to her net worth
How did Natalie Cole acquire her wealth?
Natalie Cole acquired her wealth through her successful career as a singer, songwriter, and actress. She also earned income from record sales, concert tours, and endorsements. Additionally, she inherited a portion of her father's estate, the legendary musician Nat King Cole. Her hard work, talent, and family legacy contributed to her financial success
What is the source of Natalie Cole's income?
Natalie Cole's income comes from various sources, including her successful music career, royalties from her father Nat King Cole's songs, and endorsements. She also earned income from acting and hosting TV shows. Additionally, she had investments and owned properties, which contributed to her overall wealth
Has Natalie Cole's net worth changed over the years?
Yes, Natalie Cole's net worth has changed over the years. According to Forbes, her net worth was estimated at $5 million in 2015, but it is likely to have increased since then due to her continued success in the music industry and various business ventures. However, the exact amount of her current net worth is not publicly known
What are some of Natalie Cole's most successful ventures?
Natalie Cole's most successful ventures include her Grammy-winning music career, her role as a spokesperson for diabetes awareness, and her autobiography 'Angel on My Shoulder.' She also had success with her own talk show and as a producer for TV and film projects