Here's How Cate Blanchett Made Her $95 Million Fortune

Publish date: 2024-07-26

Highlights

Actor and producer Catherine Elise Blanchett, widely known in Hollywood as Cate Blanchett, originally hails from Australia.

Cate is recognized as one of the most brilliant actresses of her generation and is well-known for her versatility in independent and mainstream films and on stage.

In addition to numerous movies and plays in which she has starred, Blanchett featured in Peter Jackson's The Lord Of The Rings trilogy.

She has appeared in countless blockbuster films, including Ocean's 8 and Carol, and she has won two Academy Awards, three Golden Globe Awards, and a British Academy Film Award.

Additionally, Blanchett has received seven Academy Award nominations.

Updated, January 2024: Cate Blanchett was in the news during awards season in January 2024, due to her involvement with what is known as the Green Carpet Fashion Awards – an event organized to acknowledge positive contributions to entertainment and fashion.

On January 16th, Harper's Bazaar UK reported that Blanchett was scheduled to co-chair the event, alongside other big names like Viola Davis, Quannah Chasinghorse, Simu Liu, and Tom Ford.

Bazaar quoted founder Livia Firth on the Green Carpet Fashion Awards; Firth said of the annual event: "Fashion can and should be a lifeline; sustainability solutions are intersectional solutions and we all need to come together and forge strong paths with human and ecological justice centre stage.

"The Green Carpet Fashion Awards will showcase just that — the level of commitment and focus we all need to mirror, pulling together two powerful, interconnected industries to step up for collective transformation[.]"

According to The Hollywood Reporter, the ceremony's "selection of the GCFA’s yearly honorees is evaluated according to six cultural archetypes: The Visionary, The Messenger, The Rebel, The Healer, The Sage and The Futurist."

In 2024, The Green Carpet Fashion Awards was slated to return to Los Angeles on March 6th.

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As of 2024, Cate Blanchett's net worth is estimated at $95 million, and she is known for playing diverse roles in both independent and mainstream movies.

Cate made $13 million between August 2017 and August 2018, enough to place her among the world's top ten most well-paid actresses.

Blanchett, an Academy Award-winning actress, is one of such supernovas thanks to her impressive career accomplishments. She has gone on to become an ambassador for numerous high-profile companies.

Adversities In Cate Blanchett's Early Life

Cate Blanchett was born on May 14, 1969, in Melbourne, Australia.

Her American father, Robert DeWitt Blanchett Jr., a Texas native who served in the United States Navy as a Chief Petty Officer before becoming an advertising executive, and her Australian mother, June née Gamble, both worked as an educator and a property developer.

Robert's ship broke down in Melbourne, where they first met. Her father suffered a heart attack when Cate was ten years old, leaving Blanchett's mother to care for the family by herself.

Cate's father served in the American Navy, and her mother was a real estate entrepreneur. His ship was temporarily based in Melbourne, where Cate's parents eventually met.

Cate was only ten years old when her father tragically died from a heart attack. She attended the University of Melbourne after high school to study economics and fine arts but left after one semester to travel the world.

After her travels, she relocated to Sydney, enrolled at the National Institute of Dramatic Art, and gained a Bachelor of Fine Arts degree in 1992.

While still in Egypt, she was asked to participate as an extra on the Egyptian boxing film Kaboria.

Since 1997, Cate has been wed to Australian playwright Andrew Upton; the couple co-directed Sydney Theater Company's artistic direction for five years.

Blanchett and Upton have four children: "Dashiell, 22, Roman, 19, and Ignatius, 16 — and a daughter Edith, 8," per People.

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Launching Her Hollywood Career Through Theater

Cate began her acting career in Sydney, in the David Mamet play Oleanna in 1992.

She landed her first feature film part in Paradise Road in 1997. Since then, Cate has had a very successful and prolific career.

She appeared in the 1997 movie Oscar And Lucinda, and scored the highly praised part of Queen Elizabeth I in the 1998 film Elizabeth, which helped launch her to prominence and earned her dozens of awards. Film roles started to arrive more quickly after this.

Blanchett finally received a "Best Supporting Actress" Oscar in 2005 for her work on the motion picture The Aviator. She returned to the character of Queen Elizabeth I later that year in the follow-up film Elizabeth: The Golden Age, for which she got two more Oscar nods.

When Blanchett starred in the Sydney Theatre Company's 2009 production of A Streetcar Named Desire, she made a comeback to the stage. She earned the Sydney Theatre Award for "Best Actress In A Leading Role" for this part.

Blanchett won over 40 industry and critical honors for her performances, including two Oscar in the category of "Best Actress," for 2014's Blue Jasmine, and 2005's The Aviator.

Cate marked yet another stage performance in 2017 when she starred in The Present, which later that year migrated to Broadway, making it her Broadway debut.

She gained praise for her work and was nominated for two Drama League Awards, winning in the "Best Actress In A Play" category at the Tony Awards.

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Becoming One Of The Highest Paid Actresses

Most of Cate's wealth comes via having starred in myriad acclaimed movies; these include The Talented Mr. Ripley, The Aviator, The Curious Case Of Benjamin Button, and two films about Queen Elizabeth I.

Time magazine named Blanchett one of the world's most influential people in 2007, and per industry reports, Blanchett made a staggering $13 million between August 2017 and August 2018 alone.

Similar reports suggest that Blanchett received $10 million for her work on the 2010 movie Robin Hood, and $7 million for 2011's Hanna.

Blanchett was thus included on a 2018 list of highest-paid actresses; she reportedly made $12.5 million in that year for her part in Thor: Ragnarok:

Don't Look Up and Nightmare Alley, two movies released in 2021, saw the actress playing a major role; Blanchett has also been nominated for the Academy Awards seven times.

If current trends continue, Cate Blanchett's net worth and acting credits are more than likely to grow.

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