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Honored Contributor
Posts: 58,458
Registered: ‎03-10-2010

Re: JOAN RIVERS ESTATE WORTH $150 MILLION

There's a website about celebrities net worth and when I was looking for information on-line about the procedure that led to her death, this came up. It was fascination that you could enter virtually any celebrity and come up with an estimate of net worth... Hers came up at exactly the figure now being touted in the media. Interesting that she said she still needed to work to maintain her lifestyle! Yes, I'm sure Melissa, like most of us, would rather have Joan alive and kicking!


In my pantry with my cupcakes...
Respected Contributor
Posts: 4,919
Registered: ‎03-11-2010

Re: JOAN RIVERS ESTATE WORTH $150 MILLION

People that have a LOT of money don't have to work --- they want to work, as that's what they love to do. Retire to what???? She enjoyed every day!!!!

Honored Contributor
Posts: 29,556
Registered: ‎08-23-2010

Re: JOAN RIVERS ESTATE WORTH $150 MILLION

I have no idea what Melissa actually does ...... but inheriting $150 million from anyone is certainly "fortunate".

Yes, she'd rather have her mom, but sooner or later Joan was going to die.

We all do. {#emotions_dlg.unsure}

Trusted Contributor
Posts: 1,559
Registered: ‎09-18-2010

Re: JOAN RIVERS ESTATE WORTH $150 MILLION

I find the comments to be amazing and not in a good way from the woman who profess to love Joan Rivers. I think it is FABULOUS that Joan Rivers was able to amass 150M without a weekly TV show, a major motion picture, a creator of Microsoft, Facebook, a member of the Buffet family, etc. Her husband's death left her in a very bad place financially. By her own efforts, she and QVC built a brand which was highly successful for both Joan Rivers and QVC. Her entertainment career was, always, up and down but she continued to work, regardless of the venue which was not, always, Las Vegas. She wrote books, made appearances, and was back on E. This woman EARNED every single dollar on her own without a TV series that lasted ten years, without a string of movie hits and in later years without a mega two year contract as an entertainer in residence in Las Vegas. She earned every single penny and was extremely generous to all who worked for her as well. God blessed you, Joan, in more ways then one. You are missed for your talent but most of all for your kindness as Mrs. Rosenberg.

Respected Contributor
Posts: 4,919
Registered: ‎03-11-2010

Re: JOAN RIVERS ESTATE WORTH $150 MILLION

Most RICH people are very generous to their children thru the years while they're alive. So - Melissa should be very rich on her own. Who can ever spend that much money? People also get rich by investing wisely.

Respected Contributor
Posts: 3,293
Registered: ‎06-09-2010

Re: JOAN RIVERS ESTATE WORTH $150 MILLION

Her mother's penthouse is worth $30 million. Melissa said she will keep it. It is a magnificent place. Joan said she made $50 million a year from the Q. She said she loved a lavish lifestyle and that is why she worked so hard to maintain it. This was in an interview she gave back in 2010.

Honored Contributor
Posts: 15,200
Registered: ‎04-28-2010

Re: JOAN RIVERS ESTATE WORTH $150 MILLION

It takes a lot of money to keep those businesses doing well. Yes, Joan earned every penny, and well-deserved. Hopefully, all will be well for Melissa, and everything will keep running smooth for her. I really can't imagine her situation right now. Losing her dear mom, and then, maintaining the many businesses and ventures.

'More or less', 'Right or wrong', 'In general', and 'Just thinking out loud ' (as usual).
Respected Contributor
Posts: 3,293
Registered: ‎06-09-2010

Re: JOAN RIVERS ESTATE WORTH $150 MILLION

Here's How Joan Rivers Pulled Herself Out Of A $37 Million Debt

In 1987, Joan Rivers' manager and husband of 22 years, Edgar Rosenberg, committed suicide after Fox fired them both following drama on "The Late Show Starring Joan Rivers."


The years that followed were a dark time for Rivers, both personally and professionally.

Before her death last week, Rivers spoke to Esquire magazine in 2007 about the financial state she was left in after her husband's unexpected death:

Yeah, it's true. I was $37 million in debt. I'm not a businesswoman. My husband was a businessman. I never had to worry about business. Afterward, some son of a b took me public and absconded with the funds. And all these horrible bottom-feeders came in and bought up my name and my likeness.

What it does to you? When you're in debt for the rest of your life? When you cannot work? When you're sitting there at fifty-eight years old, and they're telling you you cannot use your name or your likeness? You cannot sell a piece of jewelry, you cannot go on television? Try that one on for size...

The guy who absconded with the money, by the way, the SEC got him. He went to jail. A couple of butt-f---s later and he's out. Meanwhile, I'm still paying off my company. I will until the day I die.

Since her husband's death, Rivers worked non-stop trying to remain in the public eye and earn money to support her lavish lifestyle.

The comedian hosted E!'s "Live from the Red Carpet" from 1996 to 2004 and later became a co-host on E!'s "Fashion Police," which premiered in 2002 and was supposed to shoot the week Rivers died.

In 2009, at the age of 76, Rivers won NBC's "The Celebrity Apprentice." She later starred alongside daughter Melissa in WE TV's "Joan & Melissa: Joan Knows Best?" and constantly made TV cameos on shows like "Louie."

She has written 13 best-selling books.

Pointing to a calendar full of gigs, Rivers admitted "This is happiness," in the 2010 documentary about her life, " Joan Rivers: A Piece of Work."

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"Joan Rivers: A Piece Of Work"

"I'll show you fear — that's fear. If my book ever looked like this, that would mean nobody wants me and everything I tried to do in life failed," Rivers said of an open schedule.

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joan rivers

"Joan Rivers: A Piece Of Work"

But one of Rivers' biggest money-makers of all was the line of jewelry and other products she designed and sold on QVC.

Between her various hosting duties and QVC royalties, it's reported Joan was earning as much as $50 million per year. When she died last week at age 81, Rivers was worth a reported $150 million.

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joan rivers qvc

QVC

"I'm a small industry," Rivers said in the documentary of her career. "I have an agent, manager, business manager, PR lady, two assistants, and a lawyer. There are certain relatives that I am still supporting, certain friends, most people who work for me — if they have children I send the children to private school. It goes on and on and on. I'm dancing as fast as I can."

Among providing for her loved ones and a penchant for fur coats and the finer things in life, Rivers lived in a $35 million Manhattan apartment where, she joked, "Marie Antoinette would have lived if she had the money."

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joan rivers apartment

"Joan Rivers: A Piece Of Work"

"I live very, very well, I enjoy my creature comforts and I know I have to work for it," Rivers said in the 2010 doc. "I can stop and live carefully but that's ridiculous, I don't want to live carefully. So I would rather work and live the way I live and have a wonderful time."

In late July, in what would be her final big interview, Rivers talked to The Daily Beast about her current financial state, 27 years after she was forced to completely rebuild her brand.

"I have no riches," Rivers told interviewer Tim Teeman, who countered, "Come on, Joan, you are quite well off."

"No, I’ve always been salaried, I’ve never owned anything," Rivers argued. "I’ve done very well, lived very well. But sweetheart, I’m still working at Indian casinos in Omaha."

The rest of the conversation went like this:

TT: You seem terrified of not working.

JR: With comedians, you’re as good as your last joke.

TT: Where does the fear come from?

JR: It being over, and I can’t get a job in Macy’s selling hats.

TT: You could live off your money?

JR: I don’t have money to do that. I could pull my living in and live OK, but I don’t want to live OK. I’m very happy to live in my penthouse, very happy I can pick up a check, very happy to have a great life, and be able to spread my wealth a little bit.


NOW WATCH: Barbara Corcoran Explains The Difference Between Salespeople Making $40,000 And Those Making $8 Mill...



New Contributor
Posts: 2
Registered: ‎01-29-2012

Re: JOAN RIVERS ESTATE WORTH $150 MILLION

I read via an internet website her estate was valued at closer to $290 million. What's a couple extra million give or take a few.

Respected Contributor
Posts: 2,539
Registered: ‎03-10-2010

Re: JOAN RIVERS ESTATE WORTH $150 MILLION

SOOOO inappropriate & in bad taste!!!