Marlo Thomas’s Net Worth: From That Girl to Millions
Marlo Thomas has been a familiar face in Hollywood for decades, known for her role in That Girl and her incredible work in philanthropy. With such a long and successful career, it’s natural to wonder how much she has earned over the years.
Marlo Thomas’s net worth is estimated to be around $150 million, built through acting, producing, writing, and charity work. But how did she achieve this level of wealth? Let’s take a closer look at her journey, from television fame to becoming a powerhouse in entertainment and philanthropy.
Marlo Thomas’s Early Career and Breakthrough
Image source: Pinterest
Marlo Thomas, born Margaret Julia Thomas on November 21, 1937, in Detroit, Michigan, is the eldest child of entertainer Danny Thomas and his wife, Rose Marie Cassaniti. Raised in Beverly Hills, California, she was affectionately nicknamed “Margo,” which later evolved into “Marlo.”
Thomas pursued higher education at the University of Southern California, earning a teaching degree. Despite this academic path, her passion for performance, influenced by her father‘s illustrious career, led her to the entertainment industry.
In the early 1960s, Thomas embarked on her acting journey with guest appearances on popular television series such as “Bonanza,” “McHale’s Navy,” “Ben Casey,” and “The Donna Reed Show.” Her versatility and on-screen charisma quickly garnered attention, leading to her casting by director Mike Nichols in the London production of Neil Simon’s “Barefoot in the Park” in 1965. This role significantly elevated her profile in the theater community.
Thomas’s most defining career moment came when she conceived and starred in the groundbreaking sitcom “That Girl,” which aired from 1966 to 1971. Portraying Ann Marie, an aspiring actress navigating life in New York City, Thomas broke new ground by bringing to life one of television’s first independent, single female protagonists.
The show not only resonated with audiences but also challenged traditional norms, paving the way for future portrayals of autonomous women on screen. Thomas’s dual role as both lead actress and producer underscored her commitment to authentic storytelling and her influence in shaping the series’ progressive narrative.
“That Girl” enjoyed a successful five-season run, producing 136 episodes. Thomas’s portrayal earned her a Golden Globe Award in 1967 and multiple Emmy nominations. Her decision to conclude the series after five years stemmed from a desire to maintain the show’s integrity and to avoid the conventional trope of culminating with a wedding, thereby preserving the character’s independent spirit.
Marlo Thomas’s early career is a testament to her pioneering spirit and dedication to portraying strong, independent women, leaving an indelible mark on television history.
Marlo Thomas’s Major Sources of Income
Image source: Pinterest
Marlo Thomas’s impressive net worth of approximately $150 million is the result of a multifaceted career spanning acting, producing, writing, and strategic investments.
Acting and Producing
Thomas’s breakthrough role as Ann Marie in the television series That Girl (1966–1971) not only earned her critical acclaim but also significant financial rewards. Serving as both the star and a producer of the show, she secured earnings from acting salaries and production profits. The show’s success led to syndication deals, providing her with ongoing residual income.
Beyond That Girl, Thomas expanded her acting portfolio with roles in television movies, guest appearances on popular series, and stage performances, all contributing to her income. Notably, she appeared in TV movies like The Marriage Fool (1998) and had guest roles on shows such as Friends, portraying Rachel Green’s mother.
Authorship and Literary Ventures
Thomas is also a successful author, with several best-selling books to her name. Her 1972 children’s book, Free to Be… You and Me, became a cultural phenomenon, leading to television specials and a music album. The project’s success not only promoted themes of individuality and equality but also generated substantial revenue through book sales and related media.
Other notable works include her memoir Growing Up Laughing and The Right Words at the Right Time, both contributing to her literary income.
Business Ventures and Investments
Beyond her entertainment career, Thomas has engaged in various business ventures and strategic investments. She has made wise investment choices in stocks and companies like Apple, Amazon, and Tesla. Her stock portfolio, reportedly worth around $40 million, showcases her financial acumen and ability to grow her wealth beyond entertainment.
Real Estate Holdings
Real estate has been a significant component of Thomas’s financial portfolio. In 1986, she and her husband, Phil Donahue, purchased a 17-room home in Westport, Connecticut, followed by the acquisition of a connected 7-acre property in 1988. In 2006, they sold the combined estate for $25 million. These strategic property investments have appreciably increased her net worth over time.
Marlo Thomas’s Philanthropy and Its Impact on Her Wealth
Image source: Pinterest
Marlo Thomas has long been recognized for her unwavering commitment to philanthropy, particularly through her association with St. Jude Children’s Research Hospital. Founded by her father, Danny Thomas, in 1962, St. Jude has been a focal point of Marlo’s charitable endeavors.
Serving as the National Outreach Director, she has been instrumental in spearheading fundraising campaigns and raising awareness for the hospital’s mission to treat and cure pediatric catastrophic diseases. Her efforts have significantly contributed to the hospital’s growth and its ability to provide care without charging families.
While her philanthropic activities are primarily altruistic, they have also enhanced her public profile, leading to increased opportunities in her professional career. This elevated visibility has potentially opened doors to various ventures, indirectly influencing her financial standing.
However, it’s essential to note that Marlo’s dedication to charity is driven by a genuine desire to make a positive impact, with any financial benefits being a secondary outcome.
Marlo Thomas’s Estimated Net Worth
Image source: Pinterest
As of 2024, Marlo Thomas’s net worth is estimated to be approximately $150 million. This substantial wealth is the result of a diverse and sustained career in the entertainment industry, encompassing acting, producing, and writing. Her iconic role in the television series “That Girl,” along with various other acting projects, has provided her with significant earnings. Additionally, her successful ventures as an author and producer have contributed to her financial portfolio.
It’s important to recognize that Marlo’s net worth is a reflection of her professional achievements and does not directly stem from her philanthropic work. Her charitable activities, particularly with St. Jude Children’s Research Hospital, are driven by a commitment to service rather than financial gain.
The intertwining of her public persona with her charitable efforts has undoubtedly bolstered her legacy, but her wealth remains primarily rooted in her extensive career in entertainment and related ventures.
