Phoebe Cates, an American model, entrepreneur and film actress, is believed to have a net worth of $5 million. She acquired much of her wealth in her modeling career which was short-lived, and also in her acting career in both movies and TV, and from her singing talents.

Born on July 16th 1963 as Phoebe Belle Katz in New York City, Phoebe Cates is an actress who has made a name as leading screen sex symbols. She rose to fame in her role as a high-school dream girl, Linda Barrett. This was in a movie Fast Times at Ridgemont High in 1982. She has also featured in other films like Private School (1983), Paradise (1982), and Gremlins (1984).

With time, she began getting more wholesome roles, for instance the role she played in Bright Lights opposite Michael J. Fox in 1988. Upon being married in 1989 to  actor Kevin Kline, she abandoned acting, choosing instead to concentrate on her family as well as in business. In 2005, she set up Blue Tree, a Manhattan boutique.