The bulk of which was sold in November 1990 at Sotheby's, for a total of $19 million. From the purchase prices, her art had appreciated roughly 2,000 percent. Greta probably paid less than $100,000 for nearly $20 million worth of art. Two Renoirs alone brought $11.6 million on an investment of about $35,000. Her Chase Manhattan checking and money-market accounts contained a combined balance of $640,000. She was getting annual annuities totaling $36,500 from two insurance policies.
Her personal clothing was valued at a mere $5,800. Her only other significant asset was her apartment at 450 East 52 Street, now appraised at $850,000. Her only fortune was in stocks and bonds. Her major holdings consisted of $3 million in Federal Farm Credit Bank notes. Total stocks and bonds at the time of her death: $9.861 million. The total value of Garbo's estate was: $32,042,429 and two cents.
This was filed in New York County Surrogate's Court on 21 February 1991. These totals do not include trust funds, set up during Garbo's lifetime. That were excluded from probate and from the resulting tax documents on file. The Estate declines to reveal any information concerning the beneficiaries or the amounts of those trusts. Those are believed to be considerable.