Candy Spelling Net Worth - The $600 Million Of Aaron Spelling Widow
Candy Spelling is a well-known Hollywood producer and philanthropist who has built up an impressive fortune through her successful career in the entertainment industry and her investments in real estate.
She is known for her philanthropic work and is considered to be one of the wealthiest producers in Hollywood. In this article, we will take a closer look at Candy Spelling net worth, early life, career, real estate investments, and philanthropic work.
Quick Facts About Candy Spelling
|Birthday||September 20, 1945|
|Net worth||$600 million|
Early Life Of Candy Spelling
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Candy Spelling, whose birth name is Carole Gene Marer, was born on September 20, 1945, in Beverly Hills, California. Her father, Augusta Gene Marer, was a successful garment manufacturer, and her mother, Adele, was a homemaker. Candy attended Beverly Hills High School and later graduated from the University of California, Los Angeles (UCLA), with a degree in psychology.
After college, Candy worked as a talent agent for the William Morris Agency and later became a publicist. In 1968, she married Aaron Spelling, a successful television producer, and the couple had two children, Tori and Randy. Aaron's success in the entertainment industry enabled the family to live a lavish lifestyle, with multiple homes and extravagant possessions.
In the 1980s, Candy began to establish her own career in the entertainment industry. She served as a producer on several of her husband's television shows, including "Dynasty," "Beverly Hills 90210," and "Melrose Place." She also produced her own television series, including "Summerland," which aired from 2004 to 2005.
Career Of Candy Spelling
Candy Spelling began her career in the entertainment industry as a talent agent for the William Morris Agency. She later worked as a publicist before marrying Aaron Spelling, a successful television producer, in 1968. With her husband's success, Candy became known for her extravagant lifestyle, including multiple homes and expensive possessions.
In the 1980s, Candy started to establish her own career in the entertainment industry. She served as a producer on several of her husband's television shows, including "Dynasty," "Beverly Hills 90210," and "Melrose Place." She also produced her own television series, including "Summerland," which aired from 2004 to 2005.
Business Ventures Of Candy Spelling
Candy Spelling has been involved in several business ventures throughout her career. Here are some of her notable business ventures:
- Teaming up with Michael C. Fina - In 2011, Candy partnered with Michael C. Fina, a New York-based jewelry retailer, to create a new line of luxury home decor and gift products called "Candy Spelling's Signature Collection." The collection includes high-end items such as crystal vases, picture frames, and candle holders.
- Writing - Candy has written several books throughout her career, including a memoir and a cookbook. Her memoir, "Stories From Candyland," was released in 2009 and became a New York Times bestseller. Her cookbook, "Candy's Men: The Ultimate Guide to Sweet Treats for Your Guy," was released in 2010.
- Home Decor - Candy has also been involved in the home decor industry through her company, The Manor by Candy Spelling. The company offers a range of high-end home decor products, including furniture, lighting, and bedding.
Candy Spelling Net Worth
Candy Spelling's net worth is estimated to be $600 million. Her wealth comes from her successful career in the entertainment industry as a producer, as well as her investments in real estate.
Candy and her late husband Aaron Spelling, who was a prominent television producer, amassed a fortune during their marriage. They owned multiple properties, including a mansion in Holmby Hills that sold for a record-breaking $120 million in 2011. Candy also inherited a portion of Aaron's fortune after his death in 2006.
Real Estate Investments Of Candy Spelling
Candy Spelling on the Infamous "Spelling Manor"
Candy Spelling is known for her real estate investments and has owned several properties throughout her life. One of her most notable properties was "The Manor," a 56,500-square-foot mansion in Holmby Hills, California. The mansion was built by her late husband Aaron Spelling in 1988 and was the largest home in Los Angeles County at the time. In 2011, Candy sold the property for a record-breaking $120 million to Petra Ecclestone, daughter of Formula One billionaire Bernie Ecclestone.
Aside from "The Manor," Candy has owned several other properties in California, including a penthouse at The Century in Century City, which she purchased for $47 million in 2010. She also owned a condo in the Carlyle Residences in Los Angeles, which she sold for $4.6 million in 2019.
In addition to her residential properties, Candy has also invested in commercial real estate. In 2013, she purchased a two-story office building in Beverly Hills for $85 million. The property, which is located on Sunset Boulevard, is home to several high-end retailers and restaurants.
Candy's real estate investments have played a significant role in her overall net worth, which is estimated to be $600 million. She continues to be involved in the real estate industry and is known for her lavish properties and investments.
Philanthropic Efforts Of Candy Spelling
Candy Spelling is known for her philanthropic endeavors and has donated millions of dollars to various causes over the years. She has been involved in philanthropy for several decades and has supported a wide range of organizations, including the Children's Hospital Los Angeles, the American Humane Society, and the Jewish Home for the Aging.
In 2009, Candy made a $10 million donation to the Children's Hospital Los Angeles to establish the Avery and Candace Arjang Center for Pediatric Hematology/Oncology. The center is named after her grandchildren and is dedicated to the treatment and research of childhood cancer and blood disorders.
Candy has also been involved in animal welfare and has supported organizations such as the American Humane Society and the Best Friends Animal Society. In 2011, she donated $1 million to the American Humane Society to support their efforts in helping animals affected by natural disasters.
In addition to her donations to specific organizations, Candy has also been involved in fundraising events and initiatives. She has hosted several charity events at her home, including a fundraiser for the Los Angeles Police Foundation, which raised over $1 million in 2015.
Candy's philanthropy has been recognized by several organizations, including the Los Angeles Jewish Home, which awarded her with the Golden Heart Award in 2019. Despite her wealth, Candy remains committed to giving back to her community and supporting causes that are important to her.
Interesting Facts About Candy Spelling
- Her real name is Carole Gene Marer. She changed her name to Candy after her father called her "candy girl" as a child.
- Candy was born in Beverly Hills, California, and grew up in a wealthy family. Her father was a successful car salesman and her mother was a homemaker.
- She graduated from Beverly Hills High School and attended the University of California, Los Angeles (UCLA) for one year before dropping out to pursue a career in acting.
- Before marrying Aaron Spelling, Candy worked as an advertising executive and an actress. She appeared in several television shows, including "Mod Squad," "The Love Boat," and "Fantasy Island."
- Candy and Aaron Spelling were married for 37 years until his death in 2006. They had two children together, Randy and Tori Spelling.
- In addition to her career in television production, Candy has also written several books, including a memoir titled "Stories From Candyland" and a cookbook called "Candy's Men: The Ultimate Guide to Sweet Treats for Your Guy."
- Candy is known for her lavish lifestyle and has owned several extravagant properties, including a mansion in Holmby Hills that sold for a record-breaking $120 million in 2011.
- She is also known for her philanthropy and has donated millions of dollars to various causes, including the Children's Hospital Los Angeles, the American Humane Society, and the Jewish Home for the Aging.
- Candy is a prominent figure in Hollywood and continues to be involved in the entertainment industry. She has appeared on several reality shows, including "Celebrity Fit Club" and "Bank of Hollywood."
- Candy is a collector of dolls and has one of the largest private collections in the world. Her collection includes over 1,000 dolls, including some that are over 200 years old.
People Also Ask
Who Is Candy Spelling Married To?
Candy Spelling was married to the late television producer Aaron Spelling until his death in 2006.
What Does Candy Spelling Do For A Living?
Candy Spelling is a Hollywood producer and philanthropist.
What Properties Does Candy Spelling Own?
Candy Spelling owns several properties in California, including a penthouse in Century City and a condominium in Beverly Hills.
What Philanthropic Causes Does Candy Spelling Support?
Candy Spelling has donated millions of dollars to various causes, including the Children's Hospital Los Angeles, the American Humane Society, and the Jewish Home for the Aging.
Candy Spelling net worth is $600 million, Candy Spelling is one of the wealthiest producers in Hollywood. Her success in the entertainment industry and her smart investments in real estate have contributed to her impressive fortune. Despite her wealth, Candy is also known for her philanthropic work and her commitment to giving back to her community. Through her donations to various causes, she has made a positive impact on the lives of many.
Overall, Candy Spelling is a prominent figure in Hollywood, and her continued success in the entertainment industry and her philanthropic work will likely make her a role model for many years to come.