Zsa Zsa Gabor, the Hungarian-American socialite and actress known for her glamorous lifestyle, multiple marriages, and sharp wit, left behind a complex financial legacy upon her death in 2016 at the age of 99. While she cultivated an image of immense wealth, her actual financial situation in her later years was significantly more precarious than her public persona suggested.
For much of her life, Gabor’s wealth stemmed from a combination of her acting career, savvy investments, and, perhaps most significantly, her successful marriages. She famously quipped, “I am a marvelous housekeeper. Every time I leave a man, I keep his house.” This statement, while tongue-in-cheek, alluded to the financial settlements she secured in her divorces, contributing significantly to her overall fortune. She married nine times, and while the specific details of each settlement are not publicly available, it’s clear these arrangements played a key role in her financial standing.
However, as Gabor aged, her financial situation deteriorated. Health problems and increasing care costs took a considerable toll. In 2002, a car accident left her partially paralyzed and reliant on round-the-clock medical care. The expenses associated with her care, including nursing home fees and medical bills, steadily depleted her assets. Her Bel Air mansion, which she had lived in for decades, became a significant financial burden.
Adding to her financial woes was the issue of mismanagement and potential exploitation. Her husband, Prince Frederic von Anhalt, faced criticism and accusations of mismanaging her finances and exploiting her vulnerability. There were allegations of him selling off her belongings, including jewelry and personal items, without her full understanding or consent. He vehemently denied these accusations, claiming he was acting in her best interests and trying to preserve her estate. However, the controversy surrounding his handling of her finances persisted throughout her later years.
Legal battles also contributed to the erosion of her wealth. Several lawsuits involving Gabor and von Anhalt further strained her finances. These legal disputes added to the already significant costs of her medical care and maintenance of her home.
At the time of her death, Gabor’s estate was significantly smaller than many might have expected, considering her flamboyant lifestyle and reputation. While precise figures are difficult to ascertain due to privacy laws and the complexity of her financial affairs, it’s clear that her wealth had diminished considerably in the years leading up to her passing. The estate was primarily centered around her Bel Air mansion, which was eventually sold to pay off debts and settle legal claims. Zsa Zsa Gabor’s financial story is a cautionary tale of how even significant wealth can be eroded by mismanagement, health problems, and the passage of time.