- She was 18 when she married the 36-year-old actor Franchot Tone. They later had a bitter divorce. She lost custody of their two children after he claimed she was romantically involved with shady mobster Johnny Stompanato (1925-1958), who later was stabbed to death in self defense by Lana Turner's daughter Cheryl Crane. Amazingly, after their custody battle she and Tone went off and appeared together in the films The Man on the Eiffel Tower (1949) and Jigsaw (1949). She re-won custody of the children in 1951, after her more stable marriage to Cornel Wilde.
- She attempted suicide in 1946 with sleeping pills, and in 1949 with a self inflicted knife wound.
- Has two sons with Franchot Tone: Pascal Stanislaus Franchot (the name consists of his father's first and middle names switched around) and Thomas Jefferson Tone. She also has one son with Cornel Wilde: Cornel Wallace Wilde (AKA Cornel Junior).
- Cornel Wilde turned producer/director for several of his movies in the 1950s and tried to transform Wallace from sexpot to legit actress. She appeared exclusively for Wilde from 1953 on in a number of well-done potboilers.
- Jean's mother was killed in a hit-and-run accident in 1954 while crossing a street.
- In October 1962, she was injured while practicing for a horse riding part in the film Sword of Lancelot (1963). Her horse refused a jump, she fell off and suffered a fractured sacrum.
- She and husband Cornel Wilde are appointed guardians of Jean's 13-year-old sister, Karol Walasek, after the August 1954 hit-and-run death of their mother on a Los Angeles street.
- Platinum-blonde model-turned-bombshell of the 40s and 50s.
- Alcoholism blighted her later years and was a factor in the break-up, after nearly 30 years, of her marriage to Cornel Wilde.
- Is interred at Hollywood Forever, Los Angeles, California, in the Abbey of the Psalms, Sanctuary of Light.
- Sang the title song in the Wilde film Beach Red (1967).
- Among her many suitors between marriages were Howard Hughes, Ferruccio Caramelli, Bob Strong and Renzo Avanzo.
- Signed by Paramount but ill-used and feels like she "barely existed".
- Daughter of John T. Walasek, an insurance salesman, and Mary Walasek (nee Sharkey).
- Although not arrested, Wallace was with actor Lawrence Tierney on October 14, 1950, when he was arrested for drunkenness.
- Ex-stepmother of Wendy Wilde.
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