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Cate Blanchett earns her living as an actress and theater director. She gained worldwide limelight and an Oscar nomination for her role as Еlizаbеth І in the 1998 biopic directed by Ѕhеkhаr Карur.
The two-time Oscar winner debuted with Paradise Road (1997) and quickly gained recognition for her acting skills. She starred in the epic historical drama Elizabeth (1998), which grossed $82 million worldwide. From then on, the Australian actress gained name and fame for her leading roles in high-profile Hollywood films such as The Talented Mr. Ripley, The Lord of the Rings, Babel, The Aviator, The Curious Case of Benjamin Button, and Blue Jasmine. Blanchett was also included in Time Magazine's 2007 list of the 100 most influential people in the world. This year, she was nominated for an Academy Award for the musical drama TÁR and won Best Actress at the Bafta and Golden Globe awards. She is known for wearing the most luxurious outfits on the red carpet and owns multi-million dollar global properties. Let us take a look at her lavish lifestyle.
At the 86th Academy Awards in 2014, Cate Blanchett wore the most expensive outfit, worth $18.1 million. The Aviator actress wore gemstones by Chopard, including 62 opals weighing a combined 33 carats, a brown diamond bracelet, and a pear-shaped diamond ring worth around $18 million. Her dress by Armani Privé was worth $100,000.
Earns: Acting Career
According to Forbes, Blanchett was consecutively named one of the highest-paid actresses for two years. In 2017 and 2018, she earned an estimated $12 million and $12.5 million through her acting profession. Her average annual income is approximately $8 million. Given her bankable position at the box office, she was inducted into the Hollywood Walk of Fame in 2008.
Spends: Expensive Vacations
The Don’t Look Up actress often vacations with her family on the island of Vanuatu, where she owns a stunning beachfront home. She is also occasionally spotted on exotic European and English countryside vacation destinations.
Earns: Brand Endorsements
Blanchett is constantly featured on elite fashion magazine covers and brand endorsements, for which she earns millions annually. In 2022, she was the brand ambassador for Louis Vuitton's Spirit Collection jewelry campaign. In 2018, Cate was chosen as the first global beauty ambassador for Giorgio Armani’s skincare range of products.
Spends: Real Estate And Art Collection
Blanchette lives high on the real estate market; according to Harper’s Bazaar, she currently resides with her family at Highwell House, an elegant mansion near Crowborough, East Sussex. The English country manor is worth $4.5 million and houses the largest art collection, including works by Paula Rego and Zhang Huan. In 2005 the Ocean’s 8 actress purchased a $10.2 million worth high-end property in Sydney’s Hunter Hills area and carried out $8 million renovations. The house later went on the market for $20 million. She also owned a vacation home with a private beach in the Republic of Vanuatu, which was up for sale in 2019 for an estimated $1.4 million.
In 2014 she purchased another holiday home in Berowra Creek for approximately $1.495 million and later put it on the market for $1.6 million. The Carol actress bought a Sydney riverfront apartment for roughly $2 million in the same year. She also owns an $8 million panoramic apartment in the heart of Sydney’s CBD.
Earns: Holding High Positions In The Film Circuit
Blanchett was appointed as co-creative director of the Sydney Theatre Company, which ended in 2015. In 2018 she was named the President of the Cannes Film Festival jury. She has also been appointed as the patron and ambassador of the Australian Film Institute and its academy, the Australian Academy of Cinema and Television Arts.
Spends: Car Collection
Cate runs Sunday errands in one of her fast cars and is often spotted driving the Porsche 911 Carrera worth approximately $123,000. She also owns an Audi A8 worth $86,500, a Mercedes CLS class valued at roughly $72,950, a Chevrolet Suburban worth $60,000, and a Toyota Prius with an average base price of $24,525.
Earns: Production Company
Cate enjoys dual credits of being an actor and a producer. She also co-founded the film and television production company Dirty Films. According to Variety, the production banner creates a global impression by working with small-time filmmakers. Stateless, a limited series that stars Blanchett in the lead role, is bankrolled by her production company. The intense drama earned 13 awards from the Australian Academy of Cinema and Television Arts.
Spends: Luxurious Wardrobe
According to The Hollywood Reporter, Cate dominated the 85th Academy Awards in 2018 with a $100,000 Armani Privé gown and an $18 million Chopard gemstone jewelry set. She won the Best Actress award that night for her performance in Blue Jasmine. The Robin Hood actress is experimental with her fashion style. She occasionally wears power chic haute-couture designs on the red carpet, including John Galliano, Valentino, Givenchy, and Alexander McQueen.
Cate Blanchett has dominated Hollywood for decades and is tipped for another Oscar win with her latest musical/drama TÁR. With a net worth of $95 million, she is living life queen-size.
Sources: Forbes, Harper’s Bazaar, Variety, The Hollywood Reporter
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