What Are Mary-Kate and Ashley Olsen’s Net Worth? (2024)
Mehera Bonner
·3 min read
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Awkwardly wondering what Mary-Kate and Ashley Olsen’s net worth is in 2023? Same. The Olsen Twins (’cause IT TAKES TWO) have a lot of moolah in the bank, and it's definitely more than the rest of us can make in a ~New York minute~ (ha). Let’s get into it.
Mary-Kate and Ashley Both Made a Fortune During Full House
Mary-Kate and Ashley starred as Michelle Tanner on Full House, aka one of the greatest ’90s shows ever, and according to People (via the Washington Post), they started out earning $2,400 per episode, which was later increased to $25,000 per episode and then eventually jumped up to $80,000 per episode. Cool, yes, that’s very similar to the $1.50 I made from my childhood lemonade stand, so I totally relate to this.
Please don’t forget that Mary-Kate and Ash were also in a series of Oscar-robbed films, including It Takes Two and Double, Double, Toil and Trouble. It's unclear what they took home for each of these amazing movies, but if they were making $80,000 per episode of Full House, let’s assume it was a lot.
In 2007, Forbes put Mary-Kate and Ashley on its Richest Women in Entertainment list and estimated that their combined net worth was $100 million. This was in part due to them “presiding over” a casual retail empire (Dualstar Entertainment Group, duh) that sold $1 billion worth of merchandise per year online and in Walmart. Literally, I am floored.
The Olsen Twins’ Fashion Brands Bring in Millions
Mary-Kate and Ashley launched The Row back in 2006, and in 2019 Business of Fashion reported that the company generates between $100 million and $200 million a year in sales. That is…so much money. Meanwhile, their less fancy (as in, you can buy it at good ol’ Kohl’s) brand, Elizabeth and James, has an estimated annual revenue of $89 million.
Mary-Kate Owns Very Fancy Real Estate
Mary-Kate and her ex Olivier Sarkozy owned some extremely snazzy New York townhouses during their marriage, including one place worth $6.5 million (which they listed for $8.3 million) and another worth a truly whopping $13.5 million. According to Vanity Fair, this massive NYC townhouse has a straight-up ballroom inside it, not to mention five bedrooms, seven fireplaces for supremely cozy vibes, a private garage (a rarity in New York City!), and some fancy view of a “Medici fountain” modeled off the one in Rome. Because if you can’t go on a vacation in Italy, ya might as well bring a vacation in Italy to you. TBD on who got this sweet place in Mary-Kate and Olivier’s divorce.
(Also, in case you’re curious about Mary-Kate’s post-split VIBES, a source told Entertainment Tonight back in January 2021 that she’s “relieved this divorce is behind her” and “it’s a new year and she’s ready for a fresh start without this weighing her down.” Also, please be advised that despite a rocky start, the divorce proceedings ultimately went well and there’s “no bad blood between them now.”)
So, What Is the Olsen Twins' Net Worth?
Oh, ya know, just a totally regular and normal $250 million each, or $500 million combined. No wonder Mary-Kate’s prenup was ironclad, dang.
How does Elizabeth Olsen's net worth compare to Mary-Kate & Ashley Olsen's? Obviously, Mary-Kate and Ashley are the clear winners here — compared to Elizabeth's $11 million, $500 million totally blows their sister's net worth away!
Mary-Kate and Ashley launched The Row back in 2006, and in 2019 Business of Fashion reported that the company generates between $100 million and $200 million a year in sales. That is…so much money.
Summary. The Olsen twins transitioned from TV to movies to fashion, achieving remarkable success and a combined net worth of $500 million. Their careers include a rise in the fashion industry with multiple lines, including the luxury brand The Row that earns $100-200 million annually.
The Olsen twins , Mary - Kate and Ashley , became billionaires through a combination of factors including their early start in the entertainment industry , their strong work ethic , and their ability to capitalize on their fame and popularity .
Since then, Dualstar has been the parent company of not only The Row, but the sisters' other brands, including Olsenboye (created exclusively for JC Penney), Elizabeth and James, and StyleMint.
According to Rolling Stone, "the girls freely admit they're not the Hilton sisters. They don't smoke or drink. 'We don't, but I'm not one to judge,' says Mary-Kate." And rightfully so, because cut to 2005 and the girls are getting busted for chain smoking at museums. And look, we're not here to preach or judge.
She and Ashley are members of the Council of Fashion Designers of America, CFDA a not-for-profit trade association of over 450 prominent American fashion and accessory designers. The twins are now the creative directors for Superga.
While many people can't tell them apart, Mary-Kate and Ashley are not identical, but rather fraternal: Mary-Kate is one inch taller than her sister and is left-handed, while Ashley is right-handed.
Due to child labor laws, many child parts on TV shows and movies are played by twins. But like many other child stars, some twins chose to leave Hollywood for good once they grew up. The Olsen twins created a fashion empire that reportedly brings in at least $100 million annually.
The Row is an American luxury fashion label established by Mary-Kate and Ashley Olsen in 2006. The Row produces ready-to-wear clothing, footwear, handbags and accessories.
This was in part due to them “presiding over” a casual retail empire (Dualstar Entertainment Group, duh) that sold $1 billion worth of merchandise per year online and in Walmart. Literally, I am floored.
Mary-Kate was treated for an eating disorder in 2004, her rep confirmed, and later, both she and Ashley ended up leaving New York University before graduating.
Mary-Kate and Ashley Olsen look identical, but they're actually not. The Olsen twins are fraternal twins; according to E!, Mary-Kate is 1 inch taller than Ashley. After sharing the role of Michelle Tanner on ABC's "Full House," the Olsen twins continued their acting careers side-by-side.
Elizabeth Olsen's net worth in 2024 is estimated at $11 million. Olsen has earned her money through her success as an actress. Her net worth may seem low considering she has appeared in several blockbuster movies, specifically in the MCU.
First they starred on Full House, then came their self-branded movies, books, more TV shows, and every type of merchandise imaginable. But now that the twin sisters have switched careers and become fashion designers, who live largely out of the spotlight, the most famous Olsen actor is their sister Elizabeth Olsen.
Trent, Mary-Kate, Ashley and Elizabeth were all born to parents Jarnette and David Olsen in Sherman Oaks, California. The couple divorced in 1996, and David went on to welcome two more children — Courtney and Jake — with his second wife, McKenzie.
Introduction: My name is Duane Harber, I am a modern, clever, handsome, fair, agreeable, inexpensive, beautiful person who loves writing and wants to share my knowledge and understanding with you.
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