How Dolly Parton makes and spends her $375 million fortune

Talia LakritzFeb 11, 2023, 20:13 IST

Dolly Parton.Nathan Congleton/NBC/NBCU Photo Bank via Getty Images

Dolly Parton had an estimated net worth of $375 million in 2022, according to Forbes.
Her music catalog is worth about $150 million, but her Dollywood theme parks are her biggest asset.

Forbes estimated in 2022 that Dolly Parton has amassed a $375 million fortune.

Country music legend Dolly Parton in 2017.NBC / Contributor / Getty Images

About one third of her fortune comes from her music catalog, which is worth an estimated $150 million, according to Forbes.

Dolly Parton's albums on display at the Dollywood DreamMore Resort.Talia Lakritz/Insider

Parton still owns nearly all of the publishing rights to her music, reportedly earning between $6 million and $8 million in royalties every year.

Dolly Parton performs onstage with an acoustic guitar, circa 1974.Michael Ochs Archives/Getty Images

Dollywood, her theme park in Pigeon Forge, Tennessee, is her biggest financial asset.

Dollywood.George Rose/Getty Images

Parton's 50% stake in the theme park is worth about $165 million, Forbes reported in 2021.

Dollywood.Talia Lakritz/Insider

Her shares in Dollywood's Splash Country water park are worth an estimated $20 million.

Dollywood's Splash Country.Dollywood

Parton also co-owns the DreamMore Resort and Spa with a stake worth $15 million.

The Dollywood DreamMore Resort.Talia Lakritz/Insider

Her lines of housewares, Duncan Hines cake mixes, and "Doggy Parton" pet apparel provide additional revenue streams.

Dolly Parton cake mix.Talia Lakritz/Insider

Parton purchased the Brentwood, Tennessee, home she shares with husband Carl Dean for $400,000 in 1999.

Dolly Parton's estate in Brentwood, Tennessee.Google Maps

While she wears elaborate bedazzled outfits for public appearances and performing onstage, Parton is more frugal when it comes to her everyday clothes.

Dolly Parton fashion in 1978, 1989, and 2014.Ron Galella/Getty Images; Rick Diamond/Getty Images

Parton is renowned for her generous charity work through The Dollywood Foundation, which she founded in 1988.

Dolly Parton performs during a concert to benefit Dolly's Imagination Library and the Dr. Robert F. Thomas Foundation in 2014 in Knoxville, Tennessee.Rick Diamond/Getty Images

She gives away around 2 million books to children each month through the foundation's Imagination Library.

Dolly Parton's Imagination Library in action.Yui Mok - PA Images/PA Images via Getty Images

She continues to invest in her hometown, funding a new medical center and scholarships for students in her old high school.

LeConte Medical Center.Talia Lakritz/Insider

Her $1 million gift to Vanderbilt University in 2020 proved integral to the development of Moderna's coronavirus vaccine.

Dolly Parton receives the COVID-19 vaccine she helped fund.DollyParton/Twitter

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