Phoebe Cates is often assigned a $35 million net worth online, but that figure is not a verified estimate of her personal wealth. Celebrity Net Worth labels it a combined estimate for Cates and her husband, actor Kevin Kline, and says its figures are estimates. No authoritative public financial disclosure reviewed establishes Cates’s individual net worth.
What is documented is her shift away from regular film work and her move into retail: she opened Blue Tree, a New York shop, in 2005. The available reporting connects her career pause with family life and business, but does not establish a single definitive reason.
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Is Phoebe Cates worth $35 million?
Celebrity Net Worth lists a $35 million estimate for Phoebe Cates and Kevin Kline together. The page does not state a year for the estimate and cautions that its net-worth figures are estimates. It provides no underlying valuation, asset schedule, audited accounts, or financial filing to verify the amount.
That distinction matters: the figure is not evidence that Cates alone is worth $35 million. No authoritative public disclosure reviewed establishes her individual wealth. The most accurate description is that one entertainment site estimates the couple’s combined net worth at $35 million—not that Cates has a confirmed personal fortune. Celebrity Net Worth’s Phoebe Cates estimate
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- When Elizabeth Cronin (Phoebe Cates) comes to stay with her overbearing mother (after her husband leaves her for a younger woman), she rediscovers her wacky imaginary childhood friend, Drop Dead Fred (Rik Mayall).
How did Phoebe Cates earn her public profile?
Cates moved from modeling into acting in the early 1980s. Her best-known early films include Fast Times at Ridgemont High (1982) and Gremlins (1984). Later credits included Drop Dead Fred (1991), Bodies, Rest & Motion, and Princess Caraboo (1994). TV Insider’s career profile
After Princess Caraboo, her next cited film was The Anniversary Party (2001), a project associated with her friend Jennifer Jason Leigh. TV Insider describes it as Cates’s return to film after almost a decade.
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Why did Phoebe Cates step away from acting?
TV Insider connects Cates’s move away from regular movie work with raising her two children with Kline and pursuing business opportunities. That reporting offers context, not proof of one exclusive motive. Celebrity Net Worth also relays a 1998 interview in which Kline said the couple had agreed to alternate working; as quoted there, he said Cates chose to stay with the children when it was her turn. That is a secondhand account of his explanation, not a complete account of Cates’s decision.
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.What did Cates do after Hollywood?
She opened Blue Tree
Cates opened Blue Tree on Madison Avenue in New York in 2005, according to TV Insider. A contemporaneous KSL profile from March 23, 2006, described her as a full-time shopkeeper and the store as carrying gift-shop merchandise alongside upscale clothing. That description reflects the shop at the time of the report, not its current inventory or operating status.
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- Zach Galligan, Phoebe Cates, Joe Dante
Her approach to the store
In the 2006 KSL profile, Cates said, “I always wanted to have a general store.” She also described wanting to offer distinctive items: “I feel really strongly that if people spend a lot of money on something, they shouldn’t see it on 400 other people.” Those remarks capture her stated retail philosophy at the time; they do not establish the store’s present-day product range. KSL’s March 23, 2006 profile of Cates and Blue Tree
Blue Tree’s official domain redirected to a Big Cartel storefront when checked. That establishes only that a web storefront was accessible at that time; it does not independently confirm current ownership, inventory, or business arrangements. Blue Tree’s official website
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What the wealth estimate does—and doesn’t—tell you
- It is a published estimate: Celebrity Net Worth explicitly characterizes its figures as estimates.
- It covers the couple: The $35 million figure is stated as combined wealth for Cates and Kline, not Cates alone.
- Its basis is not disclosed: The page does not provide records or calculations that would let readers independently verify the figure.
- It is not a financial filing: The reviewed sources provide no authoritative disclosure establishing Cates’s individual net worth.
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