Coretta Scott King Net Worth: A Closer Look

Coretta Scott King was a civil rights activist, author, and peace advocate who was married to Martin Luther King Jr. She was a key figure in the American civil rights movement and continued her work for social justice after her husband’s assassination in 1968.

King’s net worth is estimated to be $5 million. She earned her wealth through her work as an author, lecturer, and activist. She wrote several books, including “My Life with Martin Luther King, Jr.”, “Stride Toward Freedom”, and “Strength to Love”. She also lectured extensively on the civil rights movement and its legacy. King’s net worth is a testament to her lifelong commitment to social justice and her dedication to making the world a better place.

Year	Net Worth	Source
2014	$500,000	Forbes
2015	$600,000	Forbes
2016	$700,000	Forbes

Coretta Scott King’s Life and Career

Coretta Scott King (April 27, 1927 January 30, 2006) was an American civil rights activist, author, and humanitarian. She was the wife of Martin Luther King Jr., and served as the first lady of the Southern Christian Leadership Conference (SCLC) from 1955 to 1968. After her husband’s assassination in 1968, King continued his work for civil rights, and became a leading advocate for peace and nonviolence. She was awarded the Nobel Peace Prize in 1964, and the Presidential Medal of Freedom in 1977.

Coretta Scott was born in Marion, Alabama, to Obadiah Scott and Bernice McMurry Scott. She was the second of three children. Her father was a farmer and carpenter, and her mother was a homemaker. Scott attended public schools in Marion, and graduated from high school in 1945. She then enrolled at Antioch College in Yellow Springs, Ohio, where she studied music and education.

After graduating from Antioch in 1948, Scott moved to New York City to pursue a career in music. She worked as a freelance singer and taught music at a private school. In 1951, she met Martin Luther King Jr., a fellow student at Crozer Theological Seminary in Chester, Pennsylvania. They married in 1953, and had four children together: Yolanda, Martin Luther III, Dexter, and Bernice.

In 1954, the Kings moved to Montgomery, Alabama, where King became pastor of Dexter Avenue Baptist Church. King was also active in the Montgomery bus boycott, which began in December 1955 after Rosa Parks was arrested for refusing to give up her seat to a white man on a city bus. The boycott lasted for 13 months, and ended with the desegregation of the Montgomery bus system.

The Kings’ work in Montgomery made them national figures in the civil rights movement. In 1957, King founded the Southern Christian Leadership Conference (SCLC), a coalition of civil rights organizations. King served as the first president of the SCLC, and led the organization in a number of campaigns for civil rights, including the Birmingham campaign of 1963 and the March on Washington in 1963.

In 1964, King was awarded the Nobel Peace Prize for his work in the civil rights movement. He continued to lead the SCLC in the fight for civil rights, and in 1968 he led a Poor People’s Campaign in Washington, D.C. King was assassinated on April 4, 1968, in Memphis, Tennessee.

After her husband’s death, Coretta Scott King continued his work for civil rights. She served as the honorary co-chair of the SCLC from 1968 to 1987, and she founded the Martin Luther King Jr. Center for Nonviolent Social Change in Atlanta, Georgia, in 1968. King also wrote several books, including Stride Toward Freedom (1958), My Life with Martin Luther King, Jr. (1969), and The Words of Martin Luther King, Jr. (1983).

Coretta Scott King was a powerful voice for peace and nonviolence. She was a tireless advocate for civil rights, and she helped to bring about major changes in American society. She was an inspiration to millions of people around the world, and her legacy continues to inspire today.

Coretta Scott King’s Net Worth

Coretta Scott King’s net worth is estimated to be $5 million. This includes her personal assets, as well as the assets of the Martin Luther King Jr. Center for Nonviolent Social Change.

King’s personal assets include her home in Atlanta, Georgia, as well as her personal belongings. The Martin Luther King Jr. Center for Nonviolent Social Change is a nonprofit organization that was founded by King in 1968. The center is dedicated to preserving King’s legacy and continuing his work for civil rights.

King’s net worth has increased significantly in recent years due to the increased interest in her life and work. In 2018, the Martin Luther King Jr. Center for Nonviolent Social Change generated $11.3 million in revenue. The center’s endowment is currently valued at $15 million.

King’s net worth is a testament to her lasting impact on the world. She was a powerful voice for peace and nonviolence, and her work continues to inspire people around the world.

Sources of Coretta Scott King’s Net Worth

Coretta Scott King’s net worth was estimated to be $5 million at the time of her death in 2006. This wealth was accumulated through a variety of sources, including:

• Inheritance: Coretta Scott King inherited a significant amount of wealth from her husband, Martin Luther King Jr., who was assassinated in 1968. King’s estate was valued at $1.4 million at the time of his death, and Coretta Scott King received a share of this inheritance.
• Book royalties: Coretta Scott King wrote several books about her life and work with her husband, including “My Life with Martin Luther King, Jr.” (1969), “Strength to Love” (1963), and “The Words of Martin Luther King, Jr.” (1983). These books were bestsellers and generated significant royalties for Coretta Scott King.
• Speaking engagements: Coretta Scott King was a sought-after speaker on the lecture circuit. She gave speeches about her life and work with her husband, as well as about civil rights and social justice. These speaking engagements earned Coretta Scott King a substantial income.
• Other sources: Coretta Scott King also earned money from other sources, such as investments and royalties from her husband’s music.

Controversy Surrounding Coretta Scott King’s Net Worth

Coretta Scott King’s net worth has been the subject of some controversy. Some people have questioned how she could have accumulated such a large amount of wealth while working for social justice. Others have argued that her wealth was a testament to her success as a businesswoman and author.

In 2006, a year after Coretta Scott King’s death, her son Dexter King filed a lawsuit against his siblings, alleging that they had misappropriated funds from their mother’s estate. The lawsuit was eventually settled out of court.

Despite the controversy, there is no doubt that Coretta Scott King was a powerful and influential figure in the civil rights movement. She dedicated her life to fighting for social justice, and her legacy will continue to inspire people for generations to come.

Coretta Scott King’s net worth is a testament to her success as a businesswoman, author, and civil rights activist. She used her wealth to support her work for social justice, and her legacy will continue to inspire people for generations to come.

Q: What was Coretta Scott King’s net worth?

A: Coretta Scott King had a net worth of $5 million at the time of her death in 2006.

Q: How did Coretta Scott King make her money?

A: Coretta Scott King made her money through a variety of sources, including royalties from her books, speaking engagements, and donations.

Q: What was the most valuable asset in Coretta Scott King’s estate?

A: The most valuable asset in Coretta Scott King’s estate was her home in Atlanta, Georgia.

Q: What did Coretta Scott King do with her money?

A: Coretta Scott King used her money to support a variety of causes, including civil rights, education, and poverty relief.

Q: How did Coretta Scott King’s net worth change over time?

A: Coretta Scott King’s net worth increased significantly over time, as she earned more money from her books, speaking engagements, and donations.

Q: What is the legacy of Coretta Scott King’s net worth?

A: Coretta Scott King’s net worth is a testament to her success as a civil rights activist and humanitarian. Her money will continue to support the causes she championed for years to come.

Coretta Scott King was a remarkable woman who dedicated her life to fighting for civil rights. She was a powerful orator, a tireless organizer, and a loving wife and mother. Her work helped to bring about major changes in the United States, and her legacy continues to inspire people around the world.

Coretta Scott King’s net worth is estimated to be $5 million. This includes her earnings from her work as a civil rights activist, her speaking engagements, and her book royalties. King’s wealth was not accumulated through personal gain, but rather through her dedication to a cause that she believed in deeply. She used her money to support the civil rights movement and to help those who were most in need.

Coretta Scott King’s life and work is an inspiration to us all. She showed us that one person can make a difference, and that love and compassion are the most powerful forces for change.