Nat King Cole Net Worth 2024: Earnings, Real Estate, and Financial Success

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Quick facts

fact detail
real name Nathaniel Adams Coles
popular name Natkin Cole
gender male
date of birth March 17, 1919
age Deceased (45 years old)
parents Edward Coles, Perina Coles
brothers and sisters Eddie, Ike, Freddy, Joyce Coles
place of birth Montgomery, Alabama, USA
Country of Citizenship American
Race African American
educate DuSable High School, Wendell Phillips Academy High School, New England Conservatory of Music
marital status Married
sexual orientation straight
wife/spouse Maria Cole (1948–married 1965), Nadine Robinson (1937–married 1948)
children Natalie, Carol, Nat Kelly, Kathy, Timothy Lin
Dating not applicable
net worth [Estimated] $27 million (2024)
source of wealth music, tv, movies
school Jazz, traditional pop, easy listening
high 1.85 meters
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What is Nat King Cole's net worth in 2024?

What is Nat King Cole's net worth in 2024?

As of 2024, Cole's net worth is estimated to be $27 million. He ranks high in the industry compared to other richest singers. Here are some relevant numbers:

Nat King Cole Financial Overview

Nat King Cole Financial Overview

Early life and beginning of career

Nat King Cole, born Nathaniel Adams Coles in Montgomery, Alabama, began his musical journey at a young age. His early exposure to jazz, gospel and classical music in Chicago laid the foundation for his illustrious career.

After dropping out of high school, he formed a sextet with his brother Eddie, which marked the beginning of his professional music career.

Major career milestones and earnings

The founding of the King Cole Trio was an important milestone. The trio's success with hits like “Sweet Lorraine” and “That Ain't Right” thrust Cole into the spotlight.

His transition to a solo career brought greater fame with hits like “Nature Boy” and “Mona Lisa,” which contributed significantly to his earnings.

TV and film contributions

Cole's contributions to television and film were immense. He made history with “The Nat King Cole Show,” becoming the first African American to host a national television show.

His appearances in films such as Citizen Kane and St. Louis Blues further boosted his popularity and earnings.

Awards and recognition

Cole's accolades, including a Grammy Award and induction into the Rock and Roll Hall of Fame, solidified his legacy.

These honors not only recognized his talent but also improved his financial standing through increased album sales and public performances.

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Business Venture Capital

Cole's financial acumen wasn't limited to music. His business ventures and endorsements, while not widely documented, have played a role in his overall wealth.

However, poor estate planning at the time of his death seriously affected the distribution of his assets.

Family and personal life finances

His personal life had a significant impact on his financial situation. He married twice, first to Nadine Robinson and then to Maria Hawkins, with whom he had five children.

His family's financial support and inheritance are subject to estate taxes and other costs, leaving his family with only a small portion of his total net worth.

Challenges and financial setbacks

Despite his success, Nat faced many challenges, including racial discrimination and health issues. These factors affected his financial situation, particularly his estate planning.

When he died in 1965, his net worth was approximately $3.5 million, but poor estate planning and taxes significantly reduced the amount his family received.

Estate and posthumous income

Even after his death, Cole's estate continued to generate income. Posthumous releases and tributes have kept his music alive and contributed to his legacy.

His lasting influence is attested to by his daughter Natalie Cole's tribute album, Unforgettable… with Love.

Frequently Asked Questions

FAQs about Nat King Cole Hotel

How many children does Nat King Cole have?

He has five children: Natalie, Carol, Nat Kelly Cole, Kathy and Timolyn.

What is Cole's most important career achievement?

He was the first African-American to host the nationally televised Nat King Cole Show and won multiple Grammy Awards, including a Lifetime Achievement Award.

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How did Nat contribute to the civil rights movement?

He was an active participant in the civil rights movement, joining the NAACP and participating in the 1963 March on Washington.

What are Nat’s most popular songs?

Some of his popular songs include “Unforgettable,” “The Christmas Song,” “Nature Boy,” and “Mona Lisa.”

How did Cole's early life influence his musical career?

Growing up in a musically inclined family and learning from his mother, who was a church organist, greatly influenced Cole's early interest and success in music.

How did racial discrimination affect Cole's career?

Racial discrimination posed significant challenges for Cole, affecting his career opportunities and financial success. Despite this, he achieved great success and left a lasting legacy.

How are Cole remembered today?

He is considered a pioneering musician and important figure in the fight for civil rights, leaving a lasting legacy in music.

in conclusion

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