Candy Spelling Net Worth and Her Rise From Heiress to Entrepreneur

Delve into Candy Spelling net worth of $600 million and her captivating journey from heiress to entrepreneur.

Explore her diverse ventures, real estate holdings, publishing, and Broadway productions.

Uncover the complexities and controversies surrounding her wealth.

Discover the woman behind the fortune and her impact on Hollywood, philanthropy, and society.

CANDY SPELLING NET WORTH

Candy Spelling Net Worth

American heiress, writer, socialite, and entrepreneur Candy Spelling has a net worth of $600 million.

She was married to entertainment mogul Aaron Spelling from 1968 until he died in 2006. Aaron created many popular TV shows like “Charlie’s Angels,” “The Love Boat,” and “Beverly Hills, 90210.”

When Aaron passed away, Candy inherited everything, including their homes and his royalties. He didn’t leave much for their daughter, Tori Spelling, who reportedly only got $800,000.

After Aaron’s death, Tori struggled financially and even lived in a cheap motel and an RV near a beach in Ventura, California.

Critics blamed Candy for Tori’s situation, especially in mid-2023. Despite this, Candy is known for her philanthropy and for producing Broadway shows. She’s also written several books.

Biography

Carole Gene Marer was born on September 20th, 1945, in Beverly Hills, California. She grew up in a Jewish household, and her father, a salesman, established a chain of semi-successful furniture stores.

After finishing high school, Carole enrolled at the Chouinard Art Institute in Los Angeles. Later on, she adopted the name “Candy” instead of Carole.

Real Estate

In 1988, Aaron and Candy constructed a lavish 123-room palace in the Holmby Hills neighborhood of Los Angeles, which soon became known as Spelling Manor.

The house spans 56,500 square feet, boasting fourteen bedrooms, seventeen bathrooms, and five kitchens, making it the largest home in Los Angeles County.

After Aaron’s passing, Candy put the property on the market for $150 million. In 2010, she sold it for $85 million to British socialite Petra Ecclestone.

The process was documented on the HGTV series “Selling Spelling Manor.”

Following her departure from Spelling Manor, Candy purchased a nearby luxury penthouse in The Century building for $35 million.

This 18,000 square-foot penthouse sits on the 42nd floor and includes amenities like a screening room and saltwater swimming pool.

In October 2019, Candy listed a home in Malibu for $23 million.

Candy Spelling Net Worth

Books

In 2009, Candy Spelling published her autobiography, Stories From Candyland. Just two weeks after its release, the book landed on the New York Times Bestsellers List.

Five years later, she released another memoir titled Candy at Last.

Additionally, Candy Spelling has written articles for online platforms like TMZ and the Huffington Post.

Candy Spelling Net Worth and Her Top-selling Books

Here are some of the top-selling books making waves right now:

In Hardcover Fiction:

  • Shelby Van Pelt’s “Remarkably Bright Creatures”
  • John Sandford’s “Toxic Prey”
  • James McBride’s “The Heaven & Earth Grocery Store” (B&N Book of the Year 2023)
  • Anne Hillerman’s “Lost Birds” (Leaphorn, Chee and Manuelito Series #9)
  • Emily Henry’s “Funny Story”
  • Kristin Hannah’s “The Women: A Novel”
  • David Baldacci’s “A Calamity of Souls”
  • Abraham Verghese’s “The Covenant of Water” (Oprah’s Book Club)
  • Rebecca Yarros’ “Fourth Wing” and “Iron Flame”

In Hardcover Nonfiction:

  • Annie Jacobsen’s “Nuclear War: A Scenario”
  • Adam Moss’ “The Work of Art: How Something Comes from Nothing”
  • April Simpkins and Cheslie Kryst’s “By the Time You Read This: The Space between Cheslie’s Smile and Mental Illness-Her Story in Her Own Words”
  • Stephen Breyer’s “Reading the Constitution: Why I Chose Pragmatism, Not Textualism”
  • Jonathan Haidt’s “The Anxious Generation: How the Great Rewiring of Childhood Is Causing an Epidemic of Mental Illness”

These books are part of the New York Times Best Sellers for 2024, covering a diverse range of genres and interests.

Television and Theatre

From 2011 to 2012, Candy Spelling appeared on HGTV’s Selling Spelling Manor. The two-part series focused on her efforts to sell her home after her husband’s death.

Known as Spelling Manor, the large estate was built in 1988 and was once the largest house in all of Los Angeles County.

It boasted fourteen bedrooms, seventeen bathrooms, and five kitchens, with three rooms dedicated solely to wrapping presents.

After Aaron Spelling’s passing, Candy listed the home for $150 million, making it the most expensive residential listing in the United States at the time.

In 2011, Petra Ecclestone purchased the property for $85 million. Selling Spelling Manor explores these topics in detail.

Following the success of Selling Spelling Manor, Candy launched Beyond Spelling Manor in 2013, a three-part series documenting her journey to build a new residence.

The series delved into the construction of her $35 million condominium and her quest for an apartment in New York City.

After her husband’s death, Candy Spelling ventured into Broadway production. Her first credit came with Promises, Promises, which received four Tony Award nominations.

She followed up with How to Succeed in Business Without Really Trying. In 2012, she produced Nice Work if You Can Get It, winner of two Tony Awards.

Her 2013 production, After Midnight, also won a Tony Award. The Color Purple in 2016 earned another Tony Award.

Since then, she has produced The Iceman Cometh, Three Tall Women, and Carousel.

Personal Life

Candy Spelling was married to the late Aaron Spelling, a producer renowned for his work on shows like Charlie’s Angels and Beverly Hills 90210.

They had two children, Tori Spelling and Randy Spelling, both of whom became successful actors and socialites.

However, their inheritance payouts were controversially small compared to their mother’s.

Candy Spelling is active in philanthropy, notably with the American Humane, where she serves on the board of directors.

She’s also closely linked with various Los Angeles-based foundations and councils, that focus on public affairs like park management, healthcare systems, and daycare accessibility.

 

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