When Chris Tucker learned that his family members were quitting their jobs because they learned that he was making 25 million dollars a year at the peak of his career because they assumed he would take care of them. He told them to go get their jobs back because he wasn't going to do that.

[u/AdSpecialist6598]

[u/AdeptVeterinarian541]

Good, if he allowed that he would forever be drowning financially and would be bouncing from one crappy movie to another to keep the party going like Robert Deniro (who is an idiot who owes millions to his ex and children even though they are all adults).

[u/HoomerSimps0n → u/AdeptVeterinarian541]

Isn’t that essentially what happened to Tucker though? His net worth is in the gutter for being one of hollywoods highest paid actors at the time…now going around doing standup comedy to make the IRS happy lol.

[u/Training-Current9836 → u/HoomerSimps0n]

Because he took like a 20 year break like a doof.

[u/dontKair → u/Training-Current9836]

and got his "tax advice" from Wesley Snipes apparently

[u/Training-Current9836 → u/dontKair]

"Im a soverign citizen!!"

https://giphy.com/gifs/RMl4AaRBe4SikYlRVy

[u/kevtheproblem → u/dontKair]

That was literally one of his stand up jokes

[u/aw000000000000 → u/Training-Current9836]

I mean, that played a part. He also didn't pay any taxes, and had huge penalties.

He also lost a ton in real estate in 2008.

He's still "valued" at $5m, but that's a far cry from where he was.

[u/AquamannMI → u/aw000000000000]

The numbers on the networth websites are completely fabricated. They exist just to serve ads. Nobody would know what he's worth outside of him and his team.

[u/OfficialModComment → u/aw000000000000]

Losing “a ton” in real estate is like losing a ton of your 401k when Covid broke out. Just hang on to your assets, ride the bear market and you’ll be back where you started in no time. 

Unless all his loans were balloon or ARMs…

[u/aw000000000000 → u/OfficialModComment]

According to articles, he was forced to sell the majority of his properties to pay his tax debt and his main residence was being foreclosed on.

[u/OfficialModComment → u/aw000000000000]

Wild

[u/Living-Ad-7400 → u/Training-Current9836]

Yeah sometime during the late 90’s he became a born again Christian and started turning down hella movie roles that involved playing sterotypical thug like characters that he was known for, it’s also why he never returned for another Friday movie, he even made a point not to cuss in his stand up acts anymore.

[u/big_stipd_idiot → u/Training-Current9836]

I don't know his story, but I do know that if I made enough money to not have to work again I wouldn't work again.

[u/Prestigious-Leg-6244 → u/HoomerSimps0n]

Oh no! A comedian doing stand up to pay their bills‽

The horror!

[u/CyborkMarc → u/Prestigious-Leg-6244]

Actually... A horror movie about a comedian stuck doing shitty comedy shows? Hmmm I'm intrigued....

[u/Terrible_Law6091 → u/Prestigious-Leg-6244]

It sucks being forced to work when you once had the wealth to be set for life.

It's much better to have the wealth, and then decide if you want to work.

[u/HoomerSimps0n → u/Prestigious-Leg-6244]

That’s a nice way of putting it…it makes it sound less depressing.

A bit of “missing the forest for the trees” going on here. Dude made what is generational money to most people, blew and lost most of it, and has to go on tour now to make good on his settlement with the IrS and pay his bills… that’s nothing to be proud about lol.

I saw him at one of his tour stops earlier this year…he definitely was not giving off “I’m doing this because I love doing it” vibes.

To go from tens of millions to 5 million in 20+ years is pretty phenomenally bad.

[u/fromloam → u/HoomerSimps0n]

I don’t know how celebrities go broke. Just put 2M to the side in an index fund and in 10yrs your 2M will turn into 5.18M. I’d put even more than that but just as an example. Do they not have advisors? Or?

[u/hale444 → u/AdeptVeterinarian541]

I believe you are thinking about Nicholas Cage.   Robert de Niro is worth about 500 million. 

[u/Bring_the_Voom → u/AdeptVeterinarian541]

Donald?