Penny Marshall, born Carol Penny Marshall on October 15, 1943, in the Bronx, New York, began her career in the entertainment industry in the late 1960s. She initially worked as a secretary at NBC, where she met her future husband, Rob Reiner, who would later cast her in his hit sitcom “All in the Family” in 1971. This marked her first significant role, playing the character of Oscar’s secretary, Veronica, and brought her into the public eye.

Marshall’s breakthrough into mainstream fame came in the late 1970s when she was cast as Laverne DeFazio in the sitcom “Laverne & Shirley,” which aired from 1976 to 1983. The show was a massive success, making Marshall a household name and a beloved television icon. Her comedic timing and relatable character resonated with audiences, solidifying her status as a prominent figure in American pop culture.

Penny Marshall’s Net Worth in 2025

As of 2025, Penny Marshall’s net worth is estimated to be around $50 million, according to the latest available information.

Career

Penny Marshall is an American actress, director, and producer, best known for her role as Laverne DeFazio in the sitcom “Laverne & Shirley” (1976-1983). She directed several films, including “Big” (1988), “A League of Their Own” (1992), and “The Preacher’s Wife” (1996).

Other Ventures

In addition to her acting and directing career, Marshall has also ventured into producing. She co-founded the production company Marshall Cohen Entertainment with her then-husband Rob Cohen in the 1980s.

Assets

Marshall owns a home in the Brentwood neighborhood of Los Angeles, California. She also has a property in the Hamptons, New York. Her assets include a collection of art and jewelry, as well as her stake in Marshall Cohen Entertainment.

Annual Income

Marshall’s annual income is not publicly disclosed. However, her net worth has grown over the years, indicating a consistent income from her career in film and television, as well as her production ventures.

Frequently Asked Questions about  Penny Marshall

1. What is Penny Marshall’s Net Worth?

Penny Marshall’s net worth is estimated to be around $50 million.

2. How did Penny Marshall Make Her Money?

Penny Marshall made her fortune through her successful career as an actress, director, and producer. She is best known for her role as Laverne DeFazio in the television series “Laverne & Shirley” and for directing films like “Big” and “A League of Their Own”.

3. What was Penny Marshall’s Salary for Laverne & Shirley?

Penny Marshall’s salary for Laverne & Shirley is not publicly known. However, it was reported that she and her co-star Cindy Williams each made around $30,000 per episode in the show’s later seasons.

4. What are Some of Penny Marshall’s Most Successful Films?

Some of Penny Marshall’s most successful films as a director include “Big” (1988), which was nominated for several Academy Awards and grossed over $150 million worldwide, and “A League of Their Own” (1992), which grossed over $130 million worldwide.

5. Did Penny Marshall Win Any Awards?

Yes, Penny Marshall has won several awards throughout her career. She won a Primetime Emmy Award for Outstanding Lead Actress in a Comedy Series for her role in Laverne & Shirley in 1977. She also won a Directors Guild of America Award for Outstanding Directorial Achievement in Feature Film for her work on Big in 1989.

6. What was Penny Marshall’s Cause of Death?

Penny Marshall passed away on December 17, 2018, at the age of 75, due to complications from diabetes.

7. Did Penny Marshall Have Any Children?

Yes, Penny Marshall had one child, a daughter named Tracy Reiner, with her first husband, Rob Reiner. Tracy is also an actress and has appeared in several of her mother’s films.

8. What was Penny Marshall’s Height?

Penny Marshall was 5 feet 4 inches (1.63 meters) tall.

9. Did Penny Marshall Ever Get Married Again After Her Divorce from Rob Reiner?

No, Penny Marshall never remarried after her divorce from Rob Reiner in 1981. She was in a long-term relationship with actor Art Garfunkel from 1988 until his death in 2019.

10. What was Penny Marshall’s Legacy?

Penny Marshall’s legacy lies in her significant contributions to the entertainment industry as a trailblazing woman in a male-dominated field. She was one of the few women directors to achieve mainstream success in Hollywood and paved the way for future female filmmakers. She was also known for her comedic timing, her ability to bring out the best in her actors, and her commitment to telling stories that celebrated women and their achievements.