It's been a rough year for the actress, but at least she has her millions of dollars to ease the pain. 72-year-old Kathy Bates has taken the No. 1 spot on People With Money’s top 10 highest-paid actresses for 2020 with an estimated $82 million in combined earnings.
UPDATE 25/11/2020 : This story seems to be false. (read more)
Kathy Bates tops annual list of highest-paid actresses
In 2018 it looked like the actress’s spectacular career was winding down. Suddenly, she was back on top. People With Money reports on Tuesday (November 24) that Bates is the highest-paid actress in the world, pulling in an astonishing $82 million between October 2019 and October 2020, a nearly $50 million lead over her closest competition.
People With Money’s factors
In compiling this yearly list, the magazine considers factors such as upfront pay, profit participation, residuals, endorsements and advertising work.
The American actress-director has an estimated net worth of $245 million. She owes her fortune to smart stock investments, substantial property holdings, lucrative endorsement deals with CoverGirl cosmetics. She also owns several restaurants (the “Fat Bates Burger” chain) in Washington, a Football Team (the “Memphis Angels”), has launched her own brand of Vodka (Pure Wonderbates - US), and is tackling the juniors market with a top-selling perfume (With Love from Kathy) and a fashion line called “Kathy Bates Seduction”.
The ranking is significant for many Kathy fans, who have been waiting for her triumphant return to the glory days for what seems like a lifetime.
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