Bollywood Society ยป What is the net worth of Chris Tucker?

What is the net worth of Chris Tucker?

by Ratan Srivastava
Chris Tucker

Chris Tucker is indeed a comedian and actor from the United States with a net worth of $5 million. Chris was, believe it or not, the highest-paid actor of all time during the height of his fame in the late 1990s. Tucker signed a $20 million deal to star inside the sequel to “Rush Hour” after the original film’s huge success. In today’s money, that’s the equivalent of earning $40 million for just a single film.

He subsequently signed a two-movie $40 million deal with New Line Cinema, with his compensation for Rush Hour 3 set at $25 million. Tucker also earned a 20 percent cut of Rush Hour 3’s total revenues. Chris made at least $50 million as from Rush Hour franchise alone, or nearly $65 million when adjusted for inflation.

So, why is his net worth currently so “low”? Chris, regrettably, has had numerous financial setbacks throughout the years. Tucker was drowning in IRS debt in 2011 after just a series of financial missteps. Chris owing the IRS $11 million in taxes for both the years 2001, 2002, 2004, as well as 2005, according to IRS and California tax filings. The debt has grown to $14 million by 2014.

In 2014, Tucker’s tax debt was fully paid off. If the reported Rush Hour 4 film comes to fruition, it will undoubtedly be a windfall to Chris’ wallet. He was facing foreclosure on his 8,000 square foot Florida property at the time. He paid $6 million for such house in 2007. He placed the 1-acre lakeside property for sale in 2010 for $2 million, but only received $1.7 million in March 2012, resulting inside a $4.3 million loss.

Chris declared publicly there at time of the 2011 filing claimed he did not have enough revenue to pay his debts.

In 2013, he paid $2.1 million for such a 6,399-square-foot property in Tarzana, California. He paid $1.1 million for this house in November 1996. He spent $2.4 million for the house next door in 2001. In 2009, he sold this house for $3 million.

He apparently has a property in Los Angeles that is occupied by such an ex-girlfriend, as well as a residence in Georgia.

Also Read: What is the net worth of Chris Pratt?

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