Andy Warhol Net Worth: How Did He Amass a Fortune of $220 Million?

Andy Warhol Net Worth: Andy Warhol was an American artist, film director, and producer.

He was a major figure in the pop art movement. His works, which include painting, silkscreening, photography, film, and sculpture, look at the relationship between artistic expression, advertising, and the celebrity culture that grew in the 1960s.

In this article, we will explore the net worth of Andy Warhol.

Early Life and Career of Andy Warhol 

Andy Warhol was born on August 6, 1928, in Pittsburgh, PA. He was the fourth child of Ondrej and Julia, working-class Austrian and Hungarian immigrants. His father died when he was 13.

Warhol attended Schenley High School. He then studied commercial art at the Carnegie Institute of Technology. On-campus, he was an art director and member of the Modern Dance Club and Beaux-Arts Society. A BFA in graphic design in 1949.

Warhol came to New York City after graduation and worked in advertising and magazine art. His first job was drawing shoes for Glamour. In the 1950s, he designed shoes for Israel Miller.

Hence his “blotted line” aesthetic. First solo at the Hugo Gallery in 1952, first group display at the Museum of Modern Art in 1956.

Andy Warhol’s Net Worth

Andy Warhol was an American artist who, after inflation and the value of his work, had a net worth of $220 million when he died. Artist, filmmaker, and producer Andy Warhol. He helped launch the pop art trend in the 1960s.

Known for his paintings “Campbell’s Soup Cans” and “Marilyn Diptych” and experimental films “Empire” and “Chelsea Girls”, Warhol’s New York studio, The Factory, drew notable thinkers, and artists, celebrities, street people, drag queens, and others.

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Andy Warhol’s Highest-Paid ArtWork

Fans of Andy Warhol’s work and people who like art won’t be surprised that many of his works have sold for millions of dollars at auction. Forbes says that Eight Elvises, which sold at auction for $100 million, and Turquoise Marilyn, which sold for $80 million, are among the most popular works.

In 2013, Warhol’s Silver Car Crash (Double Disaster) sold at auction for a record-breaking $105 million, making it his most expensive piece ever to sell at auction.

Andy Warhol Net Worth

His art is still being auctioned off. The Nine Marilyns silkscreen is said to have sold for $48.5 million last year, and NFTs of Warhol’s work have also brought in millions.

Dazed says that five of the artist’s Machine-Made pieces from 1985 were made into NFTs. Warhol used a computer program that was like Paint to make the pieces, and it is said that they sold for more than $3 million altogether.

Andy Warhol’s Death

Warhol died at 6:32 a.m. on Feb. 22, 1987. He was 58. He was healing nicely after gallbladder surgery at New York Hospital when he died in his sleep from an abnormal heartbeat.

Warhol put delayed having his gallbladder tested because he was frightened of hospitals and physicians. His family sued the hospital for inadequate treatment. They stated improper care and too much water caused the arrhythmia.

The negligence action was promptly resolved out of court, and Warhol’s family received an undisclosed quantity of money. Doctors assumed Warhol would survive the procedure until he died.

However, thirty years later, there were several clues suggesting Warhol’s operation was riskier than they imagined.

Did Andy Warhol have an operation?

Warhol died after a “normal” operation, according to popular belief. Considering his age, family history of gallbladder issues, prior gunshot wound, and health in the weeks preceding surgery, it seems that the procedure may have killed him.

Andy Warhol Net Worth

Warhol’s remains were returned to Pittsburgh for an open casket wake at the Thomas P. Kunsak Funeral Home. The white upholstered bronze coffin has gold-plated railings. Warhol donned a platinum wig, sunglasses, and aviators.

He was seated, holding a little prayer book and a crimson rose. The funeral service was performed at Holy Ghost Byzantine Catholic Church in North Pittsburgh. Monsignor Peter Tay eulogized. Both Richardson and Ono talked.

On the casket were white flowers and asparagus ferns. It was then moved to St. John the Baptist Byzantine Catholic Cemetery in Bethel Park, a south Pittsburgh neighborhood.

The priest then sprinkled holy water on the coffin after a brief prayer. Paige Powell, Warhol’s friend, and Interview’s advertising director threw an Interview T-shirt and a bottle of Estée Lauder’s “Beautiful” into the grave before the coffin was lowered.

Warhol was buried with his parents. Warhol’s funeral was conducted at St. Patrick’s Cathedral in Manhattan on April 1, 1987.

Frequently Asked Questions

How Old Was Andy Warhol at the Time of Death?

Andy Warhol is 58 years old at the Time of his Death.

Did Someone Really Shoot Andy Warhol?

On June 3, 1968, Valerie Solanas shot Andy Warhol and Art Critic Mario Amaya.