Phoebe Hearst's Net Worth and Legacy
Phoebe Millicent Hearst Cooke was a renowned American businesswoman and philanthropist. At the time of her passing, she had amassed a significant fortune with a net worth of $1.9 billion. Much of her wealth originated from her involvement in Hearst Corp., and she distinguished herself through an active, charitable lifestyle.
Early Life and Family Background
Born on July 13, 1927, in San Francisco, Phoebe and her twin brother spent their formative years on the family’s expansive ranches along the central coast. Immersed in the Western lifestyle, she developed a passion for horseback riding. Notably, Phoebe was the granddaughter of the famous publishing magnate, William Randolph Hearst, yet she led a relatively private life despite her prominent lineage.
Career and Philanthropy
Phoebe's corporate journey was marked by her substantial role within the Hearst Corporation, where she served as a board member from 1962 until 1998, eventually rising to the position of Chairperson. Hearst Corp. today holds an estimated value of $90 billion. Her significant contributions were recognized in 1996 when she was inducted into the National Cowboy and Western Heritage Museum’s Hall of Fame.
Dedicated to various charitable endeavors, Phoebe's vast fortune supported numerous philanthropic causes. Her commitment to giving back to the community was evident throughout her life, including her active participation in the National Center for Equine Facilitated Therapy.
Personal Life and Legacy
Phoebe was married to Amory "Jack" Hearst for 45 years, living in the Bay Area, where they cultivated a fulfilling life together until Jack's passing in 2008. Phoebe continued to live a life of passion and philanthropy till her death on November 18, 2012.
