The Olsen Twins Net Worth (Money & Salary)

What Is the Combined Net Worth of Mary-Kate and Ashley Olsen?

With a combined net worth of $1 billion, Mary-Kate and Ashley Olsen (commonly known as the Olsen twins) rank among the wealthiest women in the entertainment industry, despite not having landed any significant film or TV roles in over two decades. Their rise to fame began when they portrayed Michelle Tanner as infants on the sitcom “Full House.”

Early Life

Born on July 13, 1986, in Sherman Oaks, California, fraternal twins Mary-Kate and Ashley Olsen have an older brother and a younger sister, actress Elizabeth Olsen. Their parents, Dave Olsen and Jarnette Jones, divorced in 1995. Additionally, the twins have two half-siblings from their father’s subsequent marriage. Notably, they attended NYU in 2004, managing to blend in as typical college students.

Acting Career

Their acting journey commenced when they were just six months old, landing the role of Michelle Tanner on the ABC sitcom “Full House.” Filming began when they were nine months old, and to adhere to child labor laws regulating the working hours of child actors, the sisters alternated portraying Michelle. “Full House” aired from 1987 to 1995, peaking as one of the top 20 shows in Nielsen Ratings.

While still featured in “Full House,” the twins also portrayed distinct characters in various television films and videos. In 1993, they established Dualstar Entertainment Group, LLC, which produced a prosperous series of direct-to-video titles, including “The Adventures of Mary-Kate and Ashley” and “You’re Invited to Mary-Kate and Ashley’s…” as well as made-for-television films like “Double, Double Toil and Trouble,” “To Grandmother’s House We Go,” “Passport to Paris,” “Winning London,” “Holiday in the Sun,” and “How the West Was Fun,” among many others.

The twins made their movie debut in 1995 after “Full House” concluded, starring in “It Takes Two” alongside Steve Guttenberg and Kirstie Alley as their on-screen parents. That same year, they launched a second video series, “You’re Invited to Mary-Kate and Ashley’s…,” releasing new installments until 2000. Guest appearances on shows such as “All My Children,” “Sister, Sister,” “Two of a Kind,” “So Little Time,” and “7th Heaven” followed. In early 2004, they lent their voices for a cameo in an episode of “The Simpsons.” Their final feature film together, “New York Minute,” premiered in 2004 and marked both their last collaborative effort and Ashley’s retirement from acting. However, Mary-Kate continued to make sporadic film and television appearances, including her role as Tara Lindman on the series “Weeds” in 2007.

In 2015, news broke that John Stamos had partnered with Netflix to create “Fuller House,” a spin-off of “Full House” that would bring original cast members back together. In May of that year, Mary-Kate and Ashley revealed they were not keen on reprising their role as Michelle Tanner. They officially declined the offer in June, citing Ashley’s discomfort in front of the camera after a 12-year hiatus and Mary-Kate’s belief that the timing was not right.

Up until 2000, the twins maintained a dedicated fan club known as Mary-Kate and Ashley’s Fun Club, where fans would pay to receive collectibles and photographs of them. Each subscription also included a copy of “Our Funzine,” the twins’ fan club magazine. The club was promoted at the start of each MK and Ashley film until 1998, and during the 90s and early 2000s, they were incredibly popular figures among preteens. Their names and images were widely spread across various forms of merchandise.

With an overwhelming number of products available, it’s quite challenging to mention just a few.

Upon turning 18, the twins took on the roles of co-presidents at Dualstar. Since 2002, the Olsen twins have consistently appeared on the “Forbes” celebrity 100 list.

Fashion Career

A significant aspect of their brand involves licensing their image for various official Olsen Twins products, such as books, posters, school supplies, and clothing, among other items. Their ready-to-wear collection, Mary-Kate and Ashley: Real fashion for real girls, is exclusively available at Walmart stores across North America. In 2004, the twins made headlines by pledging to provide full maternity leave for all workers who produce their clothing line in Bangladesh. The National Labor Committee commended the Olsen twins for their dedication to worker rights.

As the sisters matured, they garnered attention for their boho-chic style, which was popularized in Britain by figures like Kate Moss and Sienna Miller. In 2006, they were chosen as the faces of the high-end fashion line Badgley Mischka.

The Row, their couture line, is available at Barneys and other premium retailers. Under the brand The Row, the twins introduced a contemporary sportswear line called Elizabeth and James, named after their younger sister and older brother. Additionally, they launched a women’s clothing line for J.C. Penney called Olsenboye. A t-shirt line named StyleMint was also introduced. In 2008, the sisters published “Influence,” a book containing interviews with influential figures in fashion. In August 2013, they debuted a new fashion line in Oslo, Norway.

The Row

The Row, a luxury fashion brand, was co-founded by the sisters in 2006. Its name pays homage to London’s Savile Row, renowned for bespoke tailoring. The brand focuses on a minimalist aesthetic and exceptional quality.

Beginning with the ideal white T-shirt, The Row rapidly expanded to include a complete women’s ready-to-wear line, later incorporating menswear, accessories, and eyewear. The brand is celebrated for its understated elegance, high-quality fabrics, and superb craftsmanship.

Timeless designs, neutral colors, and streamlined silhouettes define The Row. It caters to a discerning clientele who values subtlety and refinement over ostentatious logos or passing trends. The brand has received significant praise within the fashion industry, winning numerous Council of Fashion Designers of America (CFDA) awards.

Today, The Row stands as a pioneer in modern luxury, enjoying a devoted following among fashion insiders and celebrities. The brand maintains a low profile, opting for word-of-mouth and editorial features instead of traditional marketing.

In September 2024, Mary-Kate and Ashley divested a minority stake in The Row, which was valued at $1 billion. Notable investors included Alain and Gerard Wertheimer, heirs to the Chanel legacy, and Francoise Bettencourt Meyers, heiress to the L’Oreal fortune.

Accolades

As a duo, the Olsen twins have accumulated four Young Artists Awards and two Kids’ Choice Awards, and they received their star on the Hollywood Walk of Fame in 2004. In October 2012, MK and Ashley were honored with an award from the Wall Street Journal.

The Innovator of the Year Award was bestowed upon the magazine. In 2008, the Olsen twins released the book Influence. They received the title of Womenswear Designer of the Year from the Council of Fashion Designers of America in both 2012 and 2015. Additionally, Mary-Kate and Ashley Olsen have earned numerous accolades from the CFDA.

Personal Lives

Both Mary-Kate and Ashley are well-known for their discretion regarding their personal relationships. Ashley had been in a low-profile relationship with artist Louis Eisner for several years, culminating in their marriage in December 2022. They welcomed a son in 2023.

Mary-Kate had relationships with David Katzenberg, the son of DreamWorks co-founder Jeffrey Katzenberg, along with photographer Max Snow, and artist Nate Lowman. In May 2012, she began dating Olivier Sarkozy, who is the half-brother of former French president Nicolas Sarkozy. The couple tied the knot in November 2015, but they divorced in January 2021.

In mid-2004, Mary-Kate sought treatment for anorexia.

Mary-Kate had a close friendship with Heath Ledger, and she was the first contact made by his massage therapist upon discovering him unconscious in his bed on January 22, 2008. She dispatched a private security guard to the location.