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David Cassidy Networth


Facts of David Cassidy

Full NameDavid Bruce Cassidy
First NameDavid
Middle NameBruce
Last NameCassidy
Birth NameDavid Bruce Cassidy
Other NameDavid Cassidy
ProfessionActor, Singer, Songwriter
Birth CityManhattan, New York City
Birth CountryUnited States
Father NameJack Cassidy
Father ProfessionActor
Mother NameEvelyn Ward
Mother ProfessionActress
Gender IdentityMale
Date of BirthApril 12,1950
Age69 years

How Much Was Late Actor David Cassidy’s Net Worth?

David Cassidy, considered one of the legendary actors of the 70s, became famous for playing Keith Partridge in the 1970s musical sitcom The Partridge Family. Making his professional debut in 1969, at the age of 19, Cassidy also continued his journey as a singer and musician until he died in 2017.

Having worked in numerous TV series and TV films, David indeed earned himself huge fame and money but had faced bankruptcy due to unmanaged financial moves. At the time of his death in 2017, David Cassidy allegedly owned the net worth of $500,000.

The empire and worth of David is inherited by his son Beau Cassidy.

Net Worth: Income Sources & Earnings

Being active in his professional career for around 48 years, David Cassidy indeed made an exemplary path to success and fame. Before he died in 2017, the actor reportedly had made 34 TV appearances.

According to Celebrity Net Worth, at the time of his death, Cassidy had an estimated net worth of $500,000.

The major source of his income was the acting career, especially the musical sitcom The Partridge Family while Cassidy’s singing prominence also aided his worth.

In comparison with other late Hollywood personalities, David Cassidy’s fortune is less than that of Joe Alaskey ($2 million) but way more than Francesca Hilton (worth $10,000 at time of death).

The 70s hearthrob David Cassidy was worth $500,000
The 70s hearthrob David Cassidy was worth $500,000

As reported, mesmerizing fans with his melodic voice and sold-out concerts for The Partridge Family, Cassidy earned $600 per week, while the show made $500 million in revenue.

Later, he negotiated the payroll and began to earn $50,000 per concert while the weekly wage raised to $6,000 along with some participation.

Some other fabulous TV appearances of David were:

  • The F.B.I. (1970)
  • David Cassidy: Man Undercover (1978-1979)
  • Fantasy Island (in 1980 and 1983)
  • The Flash (1991)
  • Ruby & The Rockits (2009)
  • Celebrity Apprentice (2011)
  • CSI: Crime Scene Investigation (2013)

Despite numerous TV credits, Cassidy never opened up on the earnings details or his salary, but allegedly earned massive hundreds of thousand dollars per year.

Alongside acting, David was also proficient in singing, his most famous songs are Cherish, Could It Be Forever, How Can I Be Sure, and Daydreamer.

Career Downfall & Bankruptcy

Well, a traumatic incident took over the acting confidence and interest of David Cassidy. Back on May 26, 1974, while at his concert in London's White City Stadium, the stage crash caused the death of 14-year-old Bernadette Whelan and left 800 injured.

The incident left the actor devastated and he stopped touring and quit acting in The Partridge Family.

Even if David continued to work again through musical career, his unmanaged financial workout left him bankrupted. Despite massive earnings from album sales and acting, Cassidy reportedly owed $800,000 by 1986 and had only $1,000 in his account.

American actor David Cassidy filed bankruptcy in 2015
American actor David Cassidy filed bankruptcy in 2015

Later in February 2015, the actor filed for bankruptcy. Moreover, his unpaid loan led the auction of David's former mansion in Florida in August 2015 for $2.067 million.

Did you know? After Cassidy’s death, his empire was inherited by his son Beau, and the estate allegedly was $150,000. However, later David Cassidy’s $1 million life insurance payout and $450,000 retirement account came out stating empire worth to be millions of dollars.

Had Any Endorsements & Charity?

Probably, with his peaking fame, David Cassidy did sign many endorsements, however, never opened up about the deals or its earnings.

Rather than sponsorships, David Cassidy reportedly was busy in acting as well as charity works. Well, he had associations with non-profit organizations like Children in Need and Neurofibromatosis, Inc.

As reported, a White Jumpsuit with Aztec Figure worn which David wore in 1973 at Empire Pool, Wembley, the UK was auctioned for charity on May 18, 2013.

White body-hugging jumpsuit worn by David for charity auction
White body-hugging jumpsuit worn by David for charity auction

Moreover, David Cassidy used to attend many fundraising events; he bought Starry Night apron for $3,000 in 1999 to benefit The Nevada Association that aim to help the differently abled people.

Assets, Lifestyle & Expenses

Despite being the owner of a huge fortune, the (now late) actor preferred to keep most of his asset details low-key. As reported, he formerly owned a house in Fort Lauderdale Beach, Florida, bought in 2001 for $1.1 million.

Later, following his bankruptcy, the 7,000 sq. ft. property featuring 6-bedrooms was auctioned off for $2.067 million in 2015. The house was kept on for the rent in November 2017, asking $1,389 a night in the summer and about $2,000 a night during the winter.

In June 2018, the new owners Thomas White and Scott Watkins put the property in the market for sale with a tag of $3.9 million. No further reports on the asset’s trade are out.

David Cassidy's former Florida house
David Cassidy's former Florida house

Also, during his career height, Cassidy drove many luxurious cars and vintage cars. His personal Mini Cooper S was put on for the auction on eBay in April 2006, with a starting bid of $15,000.

Eventually, the car was sold for $25,101 after 7 days.

And talking about his lifestyle, as a TV star, David Cassidy surely had a lavish lifestyle, and surely massive expenses. His expenditure list included food, clothing, accommodations, and travels.

But sadly, no reports on his tax payments is out till date but surely had followed the same tax policy as all other citizens. While his life insurance inherited his son a check of $1 million.

David Cassidy’s Personal Life: Family, Married Life, Children & Death

Born on April 12, 1950, in Manhattan, New York, Cassidy’s birth name was David Bruce Cassidy. He was the son of singer and actor Jack Cassidy and actress Evelyn Ward. Cassidy was an American by nationality and was of mixed ethnicity.

His ancestry hailed from Irish and half German on father's side while Colonial Americans on mother's side.

For a fact, Cassidy came to know about his parents’ divorce in 1956, 2 years after the actual divorce, from neighbors while he was living with maternal grandparents due to his parents’ frequent tours.

Later, his father Jack married singer and actress Shirley Jones, sharing him half-siblings: Shaun Paul Cassidy (born in 1958), Patrick (1962), and Ryan (1966).

Married Life, Wife & Children

David Cassidy married thrice in his life. First, he married actress Kay Lenz on April 3, 1977, but couldn't sustain long as they divorced on December 28, 1983.

Then, Cassidy married Meryl Ann Tanz, his second wife, on December 15, 1984. However, he kept an extra-marital affair with fashion model Sherry Williams and shared daughter Katie Cassidy, an actress.

David Cassidy's daughter Katie from extra-marital affair
David Cassidy's daughter Katie from extra-marital affair

As for a fact, after David and Sherry parted ways, Katie was raised by her step-father Richard Benedon. On the other side, Cassidy second marriage also ended with divorce on May 22, 1988.

Well, on March 30, 1991, Cassidy married Sue Shifrin, his third marriage and a second one for Shifrin. The duo also welcomed a son named Beau in 1991.

David Cassidy and his third wife Sue Shifrin
David Cassidy and his third wife Sue Shifrin

However, the duo’s relationship got crashed as they separated in August 2013, later divorced on April 27, 2016.

Death & Its Cause

The American actor, singer, and songwriter died on November 21, 2017, at the age of 67. As reported, back in 2008, David Cassidy opened up about his problem with alcohol which would later cause him liver and kidney damage.

Back on February 20, 2017, Cassidy reportedly had difficulty in remembering the lyrics which he was performing for 50 years, stating his struggle with dementia.

Later, the actor was hospitalized on November 18, 2017, stating kidney and liver failure and went in the coma. Even if he came out of the coma on November 20, the day after he was stated dead.

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Updated On Mon Aug 26 2019 Published On Wed May 22 2019 By