Shirley Temple: The Rise And Fall Of A Hollywood Icon's Fortune How Shirley Temple Lost a Million-Dollar Fortune and Endured ‘Bumps and

Shirley Temple: The Rise And Fall Of A Hollywood Icon's Fortune

How Shirley Temple Lost a Million-Dollar Fortune and Endured ‘Bumps and

Back in the 1930s, when the Great Depression had much of America in a chokehold, President Franklin D. Roosevelt sought to lift the nation's spirits. He found his beacon of hope in a little girl with a megawatt smile and dimples that could light up a room. "As long as our country has Shirley Temple, we will be all right," Roosevelt said. For just 15 cents, folks could escape their troubles and immerse themselves in the world of this curly-haired wonder. Her charm wasn't just a balm for the weary—it was a lifeline for an ailing nation.

Between 1935 and 1938, Shirley Temple was more than just a child star; she was a cultural phenomenon. Her films, like The Little Colonel, Curly Top, and Wee Willie Winkie, weren’t just movies—they were joy-infused escapes that grossed millions and quite literally saved her studio from financial ruin. Shirley earned more annually than almost anyone in Hollywood, save for MGM’s boss, Louis B. Mayer. But by the time she turned 22, much of that fortune would vanish like smoke in the wind.

Gertrude Temple’s dreams came true in the spring of 1928 with the birth of her daughter, Shirley. From the moment she was placed in her crib, Shirley’s training began. "Sparkle, Shirley!" her mother would exclaim, and Shirley, with her uncanny ability to charm, would sparkle right back. That early training would set the stage for a career that would define an era.

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    Donaldson Collection/Getty Images

    By the tender age of 2 ½, Shirley was already enrolled in dance lessons. By the time she turned 4, she was starring in comedy shorts, parodying Hollywood legends like Mae West and Marlene Dietrich. Shirley recalled, "That was my starlet period." Her talent was evident even then, and when she was signed by Fox for $150 a week, she was well-versed in the craft of acting. Her big break came in the film Stand Up and Cheer!, where her rendition of "Baby, Take a Bow" and a little dance captured hearts. This performance sealed her place in Hollywood history, leading to a seven-year contract with the studio.

    With hits like Bright Eyes, a movie crafted specifically for her, Shirley's career skyrocketed. Her salary soared to $1,000 a week, a figure that was astronomical at the time. Gertrude, ever the devoted mother, took on multiple roles—guardian, hairdresser, and acting coach—all for $250 a week, with a $15,000 bonus after each film. Shirley's movies became a staple, with four releases a year in 1935 and 1936. Beyond her films, Shirley's endorsements of dolls, children’s clothing, breakfast cereal, and hair curlers turned her into a merchandising juggernaut.

    Shirley Temple's Financial Awakening

    Shirley’s father, George, was a self-taught man who learned bookkeeping in night school. He worked in banking and insurance until he became his daughter's business manager. George was well-liked, and Shirley described him as a proud man. After her teenage marriage ended, Shirley married Charles Black in 1950. It was then, when she sought control of her finances, that she discovered the harsh truth: most of her money was gone. "Out of about $3.4 million that I had earned, I had $44,000 in a trust fund. That was it," Shirley revealed. She lost a fortune equivalent to around $45 million today, but she bore no grudge against her father.

    George left school in the seventh grade and, according to Shirley, was poorly advised. "He was an innocent led to slaughter," she said. George had a soft spot for those with a sob story. "He used to give wonderful cash loans to people," Shirley explained, "maybe not get the money back or certainly not with any interest." Despite the financial setback, Shirley held no resentment. She understood her father's heart and his limitations.

    how-shirley-temple-lost-her-fortune
    How Shirley Temple Lost a Million-Dollar Fortune and Endured ‘Bumps and
    How Shirley Temple Lost a Million-Dollar Fortune and Endured ‘Bumps and

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    The Tragic Real-Life Story Of Shirley Temple
    The Tragic Real-Life Story Of Shirley Temple

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    Shirley Temple's tragic life behind the scenes.
    Shirley Temple's tragic life behind the scenes.

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