Elizabeth Grubman was born on 30th January 1971, in New York City, USA and is a PR manager, publicist, and socialite, and so perhaps best known to the world as the daughter of Allen Grubman, noted entertainment lawyer. During her career, Lizzie has been a manager for such celebrities as Jay-Z, Britney Spears, Lil’ Kim, and many others.
Have you ever wondered how rich Lizzie Grubman is, as of mid- 2017? According to authoritative sources, it has been estimated that Lizzie’s net worth is as high as $40 million, an amount earned through her successful career as a manager and publicist, which has been active since the mid- ‘90s.
Lizzie Grubman Net Worth $40 Million
Lizzie is the eldest child of the famous entertainment lawyer Allen Grubman, and Yvette Grubman. Her parents divorced when she was 17 years old, and her mother died in 2001, losing her battle to ovarian cancer, while also suffering from multiple sclerosis. During her childhood and teen years, Lizzie attended some of the best schools in New York, which included three high schools – Horace Mann School, The Birch Wathen Lenox School, and Dwight School. After matriculation, Lizzie enrolled at Northeastern University, however, she dropped out in her second year of studies.
She started her own firm in 1996, and some of her first clients became Britney Spears, Jay-Z and the vocal group Backstreet Boys, managing their respective careers which considerably increased Lizzie’s net worth. After several successful years, she was named as the most powerfull girl by the New York magazine, and then in 2005 she was a part of the reality show “PoweR Girls”, aired on MTV. Two years later, she founded Lizzie Grubman Management, and is managing such artists as Lil’ Kim, and Kylie Bisutti, among many other celebrities, which has only increased her wealth.
Regarding her personal life, Lizzie has been married to Chris Stern since 2006; the couple has two sons together. Previously, she was married to Eric Gatoff from 1995 until 1997.
Lizzie was involved in a car incident in 2001, hurting 16 people when she, allegedly intoxicated, intentionally drove a Mercedes Benz SUV into a crowd at Conscience Point Inn at 1976 North Sea Road in the Hamptons. She was charged with 26 felonies, and after the trial received only a fine of 38 days in jail, though she was facing a possible eight years sentence.
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