Visionary film critic Rex Reed breathes his last as multiple sources have already confirmed ening an era of sharp-witted criticism that stormed Hollywood for decades. Often known for his merciless reviews of films, Reed's co-workers included big names like Pauline Kael, who brought unprecedented changes in the analysis of art that shaped the industry over time.As of July 2021, Reed's net worth has reportedly been estimated to be around $4 million, and sources say that the iconic critic had quite the lavish lifestyle following his years of massive success. Rex Reed breathed his last at his Manhattan residence worth $30,000, per The Hollywood Reporter.What was the major source of Rex Reed's wealth? View this post on Instagram Instagram PostWith a net worth of around 4 to 5 million dollars and a major portion of his wealth is attributed to the sale of his famous books - one of them being Crazy, Stupid, America, a chart topper in Amazon. From The Tonight Show to The Dick Cavett Show, Reed has made multiple TV appearances, which have also reportedly contributed to the vast amount of money he left behind.His legendary career began with an application to a writing job at The New York Times, however, being offered the role of a copy boy, he walked away with the aim of something bigger. The buildup to his massive wealth started back in in 1965 at the Venice Film Festival with $125 for a Buster Keaton article he wrote for the Times followed by a $150 on a Jean-Paul Belmondo piece he published on behalf of the Herald Tribune. Rex Reed was never a fan of overpraise and did not hesitate in criticizing big Hollywood entries like Blue Velvet. One of his statements from back in the day, per THR, describes the David Lynch film as:"One of the sickest films ever made. It should score high with the kind of sickos who like to smell dirty socks and pull the wings off butterflies, but there’s nothing here for sane audiences."Moreover, according to a statement to the New York Times in 2018, Reed justified his sharp-witted and merciless criticism of movies, saying that he likes "as many films" as he dislikes. Rex Reed was bothered by how the industry was facing a challenge to make good movies for the audience. To quote his exact words:,"But I think we’re drowning in mediocrity. I just try as hard as I can to raise the level of consciousness. It’s so hard to get people to see good films."Stay tuned to Soap Central for regular updates on daily soaps, TV shows, and movies.