What is Tracy Posner's Net Worth?
Tracy Posner is an American actress and animal rights rescuer and activist who has a net worth of $100 million. Tracy Posner is known for being part of the wealthy Posner family and being married to Burt Ward. During his life, Tracy's father Victor was one of the highest paid and most successful business executives in America. He is considered the pioneer of leveraged buyouts (LBO). Victor's LBO firm owned 100% of of RC Cola and 100% of Arby's among many other high profiles investments. At the time of his death, Victor Posner's net worth was $600 million.
Tracy married Burt Ward in 1990. companies, including Wilson Brothers, NVF Company, and Birdsboro Corp. As an actress, Posner appeared in a few films alongside her husband Burt Ward, including "Cyber-C.H.I.C." and "Virgin High." Burt and Tracy are extremely active rescuing and taking care of dogs. They founded a dog charity called Gentle Giants Rescue and Adoptions. At any given time they take care of around 50 dogs of their own plus hundreds of other dogs that are up for adoption. They operate a 15,000 square foot dog shelter in Norco, California and produce a healthy dog food that has helped some animals greatly improve their health and lifespan.
Early Life
Tracy Posner was born on January 16, 1962 to businessman Victor and his second wife, Sari. Her father was among the highest-paid businessmen at the time, and was a pioneer in the practice of corporate raiding. Posner has a half-brother from her father named Steven, who conducted numerous hostile takeovers of companies with his father.
Business Career
Posner has held major positions at a number of her father's companies. She served as vice president, assistant treasurer, and assistant secretary of Wilson Brothers, NVF Company, Birdsboro Corp., and the Southeastern Public Service Authority, among other companies. By 1993, Posner was described as one of the wealthiest women in the world.
Animal Welfare Activism
With her husband, Posner co-founded Gentle Giants Rescue and Adoptions in 1994. A non-profit, no-kill organization, it specializes in large-breed dog rescue and adoption. Together, the Wards operate a communal home for dogs that includes around 50 pups. The couple nurses them back to health and puts them up for adoption in Norco, California.
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Lawsuits
In 1994, Posner sued her half-brother Steven for allegedly letting one of her trust funds sink from $2 million to $100,000 due to undocumented loans and various low-value transactions. Moreover, she claimed that the trust should have passed to her when she turned 21, and also that it should have been kept secret until 1993. Posner continued to be embroiled in lawsuits until 2015, sometimes involving her late father's estate.
Acting Career
Posner had small roles in a few films starring her husband, Burt Ward. The first was the 1990 science-fiction action comedy "Cyber-C.H.I.C." Following that, she appeared briefly in the 1991 direct-to-video sex comedy "Virgin High." Posner's third and final film with her husband was the 1995 comedy sequel "Assault of the Party Nerds 2: The Heavy Petting Detective."
Personal Life
Posner married actor and businessman Burt Ward in 1990. Together, they have a daughter named Melody and reside in Norco, California.
