Peggy Lipton Net Worth 2024: Peggy Lipton was an American actress, model, and singer best known for her Golden Globe-winning role in “The Mod Squad” and “Twin Peaks,” who accumulated a net worth of $10 million through her five-decade career in entertainment before her passing in 2019, with her estate value remaining stable through 2024.
Key Facts About Peggy Lipton
- Peggy Lipton Net worth was estimated at $10 million at the time of her death in 2019.
- Golden Globe winner for her role in “The Mod Squad” (1970).
- Mother of actresses Rashida and Kidada Jones.
- Former wife of legendary music producer Quincy Jones.
- Career spanned over five decades (1964-2017).
Early Life and Background
Margaret Ann Lipton was born on August 30, 1946, in New York City to an upper-middle-class Jewish family. Her father Harold Lipton worked as a corporate lawyer, while her mother Rita Benson pursued artistic endeavors. Growing up in Lawrence, Nassau County, Long Island, Peggy faced significant personal challenges, including a severe stutter and childhood trauma.
Education and Early Career
Lipton attended Lawrence High School before transferring to the Professional Children’s School. Her entry into show business began at age 15 when her father helped secure her initial modeling assignments with Ford Agency. The family’s relocation to Los Angeles in 1964 marked a turning point in her career trajectory.
Professional Success
Lipton’s breakthrough came with her role as Julie Barnes in “The Mod Squad” (1968-1973). This performance not only earned her a Golden Globe Award but also established her as a cultural icon of the era. Her acting career included over 50 credits across television and film productions.
Financial Achievement
Through her successful acting career and various ventures, Lipton accumulated a net worth of $10 million. Her earnings came from multiple sources:
- Television acting roles
- Film appearances
- Music recordings
- Modeling contracts
Personal Life and Family
In 1974, Lipton married music producer Quincy Jones, leading to a 15-year hiatus from acting to focus on family life. The couple had two daughters, Kidada and Rashida Jones, both of whom followed their mother’s footsteps into entertainment. The marriage ended in divorce in 1990.
Real Estate Holdings
Lipton maintained significant real estate investments, including a Beverly Hills property she listed for $4 million in 2014. The home sold for $4.15 million in June 2015, demonstrating her savvy investment decisions.
Musical Career
Beyond acting, Lipton pursued music, releasing several singles that charted on Billboard. Her notable tracks included “Stoney End,” “Lu,” and “Wear Your Love Like Heaven.” She also co-wrote “L.A. Is My Lady” with Quincy Jones, which became a hit for Frank Sinatra.
Later Career and Legacy
Following her acting hiatus, Lipton returned to television in 1988. She gained renewed recognition for her role as Norma Jennings in “Twin Peaks” (1990-1991, 2017). Her final screen appearance was in “A Dog’s Purpose” (2017).
Health Challenges and Passing
Diagnosed with colon cancer in 2004, Lipton faced her health challenges privately. She passed away on May 11, 2019, at age 72 in Los Angeles, leaving behind a lasting legacy in entertainment and a significant estate for her family.
Professional Recognition
Throughout her career, Lipton received multiple accolades:
- Golden Globe Award (1970)
- Four Emmy Award nominations
- Four Golden Globe nominations
- Bravo Otto award for Best Female TV Star
Impact on Popular Culture
Lipton’s influence extended beyond her acting roles. Her distinctive style and presence in “The Mod Squad” made her a fashion icon of the late 1960s and early 1970s. Her work continues to influence contemporary television and film productions.
Latest News
Recent headlines have brought Peggy Lipton back into focus following the passing of her ex-husband Quincy Jones at age 91. The Sun reported (as of November 2024) about their relationship, highlighting their 15-year marriage that produced two successful daughters in the entertainment industry.
Prior to this, media coverage in 2023 continued to recognize Lipton’s lasting impact on television, particularly through retrospective pieces about “Twin Peaks” and “The Mod Squad.” The TV Today publication featured a special tribute highlighting how Lipton’s portrayal of Diner-Besitzerin Norma Jennings was instrumental to the success of “Twin Peaks.”
News archives from her passing in 2019 reveal the profound impact she had on the entertainment industry:
- BILD reported her courageous battle with cancer
- RP Online covered how she passed away surrounded by family
- GALA.de featured touching tributes from her daughter Rashida Jones
- T-Online detailed her lasting legacy in television
- Serienjunkies emphasized her memorable role as Norma Jennings
- STERN.de highlighted reactions from the entertainment community
The consistent thread through recent news coverage emphasizes Lipton’s enduring influence on television and film, while also highlighting her role as a devoted mother and pioneering actress who helped break down barriers for women in entertainment during the 1960s and 1970s.
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