Kathy Bates has recently confirmed that she is prepared to retire from the entertainment industry after being a part of it since the '60s. According to CelebrityNetWorth, Kathy gained recognition for portraying various roles, and her net worth stands at $20 million. She also won an Academy Award for her performance in the psychological thriller Misery in 1990.
The actress confirmed her retirement in an interview with The New York Times on September 8, 2024. She addressed her upcoming series Matlock, which would mark her final appearance, and said:
"This is my last dance."
She continued by saying:
"Everything I've prayed for, worked for, clawed my way up for, I am suddenly able to be asked to use all of it. And it's exhausting."
Kathy Bates also spoke about her career, saying that there have been a few moments when she was jealous of her talent and the way she gets involved with any character. The New York Times also disclosed that she received the script for Matlock in January 2024, and she felt the role was perfect because she could relate to the character.
Notably, Bates took the script since she was planning to retire when shooting for a movie did not happen as scheduled in the same month.
Kathy Bates has accumulated a lot of wealth from her successful career: Earnings and other details explained
The Memphis, Tennessee native has impressed audiences with her flawless performances on both big and small screens. She has a long list of credits that includes several popular projects. All of these helped her to become the owner of various assets.
CelebrityNetWorth states that Kathy Bates purchased a luxurious property in 2001. It had multiple attractive features priced at $2.9 million. Before this, she bought another house at Beachwood Canyon, Hollywood Hills, where actor Bela Lugosi resided in the beginning.
While Kathy's work mostly includes characters from films and TV shows, she made her debut on stage. She initially developed an interest in acting during the '70s and was a part of several Broadway plays such as The Art of Dining and Curse of the Starving Class.
She soon managed to grab a minor role in the 1971 comedy film Taking Off. A few years later, Kathy Bates started getting selected for some major roles on television, where she was seen as Harriet Korn in Harry's Law. She even played one of the leads in the popular horror anthology series, American Horror Story.
Furthermore, Bates appeared as Joan Blondell in Feud: Bette and Joan followed by Ruth Whitefeather Feldman in Disjointed. She was even featured on shows like Six Feet Under, Two and A Half Men, The Big Bang Theory, and American Dad!
Coming to her journey in films, Kathy was popular for playing Margaret "Molly" Brown in Titanic, helmed by James Cameron. She has many other projects in her credits like Swept from the Sea, Around the World in 80 Days, The Golden Compass, Bad Santa 2, and The Miracle Club.
While speaking to Interview Magazine in 2016, Bates opened up on her childhood by saying that she never dated anyone during her high school days. She revealed that she wrote a lot of "music and poetry" when she was a teenager.
As mentioned, Kathy Bates has a TV series titled Matlock in the upcoming lineup where she will also serve as an executive producer. The show is premiering on September 22, 2024, and also features Jason Ritter, David Del Rio, and Leah Lewis in lead roles.