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Kirk Douglas Net Worth - What Happened To His Net Worth After He Died?

Kirk Douglas is widely regarded as one of the most famous individuals to emerge from the golden age of Hollywood.

On February 5, 2020, Douglas passed away, leaving behind an enormous net worth.

What happened to Kirk Douglas net worth after his death?

As a result of the roles he played in films such as Out of the Past, Spartacus, Exodus, and Paths of Glory, he will continue to hold a special place in the affections of people who enjoy older films for many years to come.

In addition to achieving legendary status, Douglas managed to collect a tremendous fortune.

Who Is Kirk Douglas?

Smiling Kirk Douglas wearing a black suit and black tie
Smiling Kirk Douglas wearing a black suit and black tie

Kirk Douglas was born on Issur Danielovitch in New York City on December 9, 1916.

He got his start on stage when he replaced Richard Widmark in the 1943 movie Kiss and Tell.

He planned to stay a stage actor until Lauren Bacall recommended him to producer Hal B. Wallis, who cast him opposite Barbara Stanwyck in The Strange Love of Martha Ivers in 1946.

He played a young, insecure man whose life was all about being cruel.

This was the only time Douglas played a weak character in a movie.

During the 1950s, Douglas became a big box office star, especially for serious dramas like westerns and war films.

He was in more than 90 movies over the course of his career.

Douglas was known for how intensely he played his roles.

In 1949's Champion, in which he played the lead role of a shady boxing hero, he became known all over the world.

Young Man with a Horn, from 1950, starred Lauren Bacall and Doris Day.

Ace in the Hole and Detective Story came out in 1951.

The Bad and the Beautiful, which came out in 1952, earned him his second Oscar nomination.

He was nominated for an Oscar and a Golden Globe for his role as Vincent van Gogh in the 1956 movie Lust for Life.

In the 1960 movie Spartacus, which was directed by the then-unknown Stanley Kubrick, he played one of his most famous roles.

Douglas hired a blacklisted screenwriter in 1960, which was a key step in getting rid of the Hollywood blacklist.

In 1963, he was the star of One Flew Over the Cuckoo's Nest on Broadway (a story he purchased and gave to his son Michael who, of course, turned it into an Oscar-winning film).

Douglas has been in more than 90 movies and TV shows.

Champion, 20,000 Leagues Under the Sea, Gunfight at the O.K. Corral, and Tough Guys are some of his most well-known movies.

The American Film Institute put Douglas at number 17 on their list of the most famous men in American movie history.

NameKirk Douglas
BirthdayDecember 9, 1916
ProfessionProfessional Actor
DeathFebruary 5, 2020
Net Worth$60 million

Kirk Douglas Net Worth

At the time of his passing, the American actor, producer, author, and philanthropist Kirk Douglas had a net worth of $60 million.

He was known for his work in the entertainment industry.

If Kirk hadn't made the decision to donate tens of millions of dollars to charitable causes through The Douglas Foundation around a decade before he passed away, his net worth would have been substantially larger.

Kirk's foundation donated a total of $50 million to various charitable organizations, including Children's Hospital Los Angeles, during the final few years of his life alone.

In addition to that, they made a donation estimated to be worth $40 million to Harry's Haven, an Alzheimer's facility located in the suburbs of Los Angeles.

This includes the donation of $15 million that he made to Harry's Haven for the establishment of the Kirk Douglass Care Pavilion on his own 99th birthday.

Kirk Douglas Salary Highlight

As a result of the success of his eighth film, Champion, he came to the realization that he needed to conquer his shyness in order to realize his full potential as an actor.

As a result of this realization, he went on to make his debut on Broadway in the play Three Sisters.

After that, he went on to have a fruitful acting career, appearing in movies such as Out of the Past (1947), Champion (1949), Ace in the Hole (1951), The Bad and the Beautiful (1952), 20,000 Leagues Under the Sea (1954), Lust for Life (1956), Paths of Glory (1957), Gunfight at the O.K. Corral (1957), The Vikings (1958), Spartacus (1960), Lonely Are the Brave (1962), Seven Days in May (1993).

He is the father of Michael Douglas, another actor who has had success in Hollywood, and he himself had a successful acting career.

Out of the Past$25 thousand
Champion$15 thousand
20,000 Leagues Under the Sea$125 thousand
Paths of Glory$350 thousand
Last Train from Gun Hill$325 thousand + 10% gross earnings
In Harm's Way$400 thousand

Kirk Douglas Real Estate

The renowned actor's former residence was the subject of an article that appeared in the April 2016 issue of Architectural Digest.

After living there for nearly 42 years, Douglas' family finally decided to sell the house, which brought in close to $3.5 million when it went on the market.

The mansion has a tennis court and a pavilion that was erected in 1976 and displayed a lot of old Douglas movie posters.

The home is situated so that it abuts Leonardo DiCaprio's property on one side and Leonardo's home on the other.

In addition, there was a pool in the backyard, and there was a beautiful view of the mountains.

Within its 4,000 square feet of living space, the home featured a total of five bedrooms, eight bathrooms, an open living and dining area with vaulted ceilings, a kitchen that featured a breakfast bar, and a fireplace.

The mansion in Beverly Hills that Kirk purchased for $400,000 served as the couple's principal residence beginning in the 1970s and continuing until their deaths.

Over the course of several decades, Kirk requested that a number of his well-known friends sign a path leading up to the garden that was constructed out of wet concrete.

The garden path is known as "Stars of Beverly Hills" has 22 stones that have been autographed by a variety of celebrities, including Frank Sinatra, Ronald Reagan, Lucille Ball, Elizabeth Taylor, Jack Nicholson, his son Michael, and others.

In December 2021, the was placed on the market with an asking price of $7.5 million.

One month later, the property was sold for $9 million to a buyer.

Kirk Douglas Philantrophy

In addition to his work in the film industry, Douglas is active in charitable giving.

Together with his wife, he has supported numerous charitable causes by making donations and organizing fund-raising efforts.

The total amount of wealth that Kirk and Anne Douglas have amassed is $80 million.

They intend to donate the entire sum to charitable organizations such as Children's Hospital Los Angeles, the Anne Douglas Center for Women, a center for the homeless, and the Motion Picture and Television Fund.

The Alzheimer's facility, Harry's Haven, was established by the couple in the early 1990s after they had successfully raised $2 million.

In addition, Mr. and Mrs. Douglas made a donation to the MPTF in the amount of $20 million in the year 2012.

People Also Ask

What Was Kirk Douglas Net Worth When He Died?

At the time of his passing, the American actor, producer, author, and philanthropist Kirk Douglas had a net worth of $60 million.

He was known for his work in the entertainment industry.

How Much Did Michael Douglas Inherit?

Michael, Douglas's son, already has his own independent net worth of $300 million, therefore he won't be receiving any of his father's money.

Instead, the Douglas Foundation will distribute $50 million worth of Douglas's money to a variety of different charitable organizations.

In 1964, Douglas and his wife, Anne, laid the groundwork for what would become the Douglas Foundation.

What Disease Does Kirk Douglas Have?

Movie great Kirk Douglas died on a Wednesday at age 103.

According to The New York Times, the news of his passing away at his home in Beverly Hills, California was disclosed in a message that was published on the Facebook page of his son Michael Douglas.

In 1996, Kirk Douglas suffered a severe stroke, which resulted in a protracted and challenging recovery.

Conclusion

It is estimated that Kirk Douglas net worth is $60 million before his death.

The majority of Douglas's notoriety comes from his work in the acting industry.

In addition to these accomplishments, he has also appeared on a significant number of television programs, directed movies, and written books.

On the list of the greatest male screen actors in the history of American cinema compiled by the American Film Institute, Kirk Douglas is ranked number seventeen.

During the course of his career, he had starring roles in more than 50 films and had guest appearances on a number of television shows.

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