A force to be reckoned with. Mary-Kate Olsen and her twin sister, Ashley Olsen, have built an empire over the years, making them some of the richest women in entertainment. Even though Mary-Kate is going through a divorce with her estranged husband, Olivier Sarkozy, the actress-turned-fashionista certainly won’t be penny-pinching to make ends meet. Scroll down to find out how she earned some seriously impressive cash with her sibling.
What Is Mary-Kate’s Net Worth?
While her specific number hasn’t been released, it has been revealed she and her sister have a combined net worth of $500 million, according to CelebrityNetWorth.com. This figure was updated in 2020, amid The Row designers’ growing brand.
Back in 2007, the two also secured No. 11 on Forbes list of the wealthiest women in the business.
Where’s the Money Coming From?
Even though they haven’t appeared on TV for quite some time, the Olsen twins are still raking in the dough via royalties from their shows and movies. On top of that, they have a myriad of fashion lines and several concession brands.
So, how much did they earn while playing sweet little Michelle on Full House? Well, they started earning around $2,400 an episode in the beginning, but after making a name for themselves, they were making $80,000 per episode, according to The Washington Post. They later even scored their own animated series Mary-Kate and Ashley in Action!
When the twins started dabbling into fashion, the established The Row in 2006 and began making more affordable lines like Olsenboye and StyleMint, which made it accessible to people all over the globe. They also created the popular collection, Elizabeth and James, named after their siblings.
Nowadays, their fashion empire is estimated at over a billion dollars.
Why Did They Go From TV to Fashion?
Fans have wondered what inspired the sisters to make the transition after finding success acting. “We’ve been there, we’ve done that, we started out that way,” Mary-Kate told British Vogue during a rare 2019 interview. “This is the way we chose to move forward in our lives: to not be in the spotlight, to really have something that speaks for itself.”
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