Phoebe Cates, an American actress and entrepreneur, has an estimated net worth of $35 million as of 2025. Best known for her memorable roles in classic 1980s films like Fast Times at Ridgemont High and Gremlins, Cates made a significant mark in Hollywood before stepping away from acting. Her career in film not only earned her critical acclaim but also contributed substantially to her net worth.
Transitioning from the entertainment industry, Cates ventured into business by establishing the Blue Tree boutique on Madison Avenue in New York City. This successful retail endeavor has further boosted her financial standing. Phoebe Cates’ net worth reflects her multifaceted career, blending talent, hard work, and business acumen, making her a notable figure in both Hollywood and entrepreneurship.
Personal Details
| Attribute | Details |
|---|---|
| Full Name | Phoebe Belle Cates Kline |
| Date of Birth | July 16, 1963 |
| Birthplace | New York City, U.S. |
| Profession | Actress, Model, Entrepreneur |
| Years Active | 1982–1994, 2001, 2015 |
| Spouse | Kevin Kline (married in 1989) |
| Children | Owen Kline, Greta Kline |
Early Life & Career
Born into a family deeply rooted in the entertainment industry, Phoebe Cates began her career as a model before transitioning to acting. She gained widespread recognition with her role as Linda Barrett in “Fast Times at Ridgemont High” (1982), a performance that remains memorable in cinematic history. Following this, she starred in several notable films, including “Gremlins” (1984) and its sequel “Gremlins 2: The New Batch” (1990).
Transition to Entrepreneurship
In 2005, after stepping away from acting to focus on her family, Phoebe Cates ventured into entrepreneurship by opening Blue Tree, a boutique located on Madison Avenue in New York City. The store offers an eclectic mix of women’s apparel, jewelry, home decor, and curated accessories, reflecting Cates’ creative spirit and business acumen.
Personal Life
Phoebe Cates married actor Kevin Kline in 1989, and the couple has two children, Owen and Greta. They have maintained a strong and stable marriage, often cited as a rarity in Hollywood. Together, they have built a life that balances family, creativity, and business.
Conclusion
Phoebe Cates’ estimated net worth of $35 million is a testament to her successful transition from a celebrated actress to a savvy entrepreneur. Her journey reflects a blend of talent, strategic decision-making, and a commitment to personal values, making her a notable figure in both the entertainment and business worlds.