How Chris Tucker Is Re-Building His Net Worth After Going Broke

October 2024 · 5 minute read

Chris Tucker was undoubtedly one of the most sought after comedic actors of his generation. After all, going from only being paid $10,000 for one of his most iconic roles to becoming the lead in one of the biggest franchises of the mid-2000s is quite the accomplishment. However, the Rush Hour star fell on hard times financially and has been burdened with the arduous task of re-building his impressive net worth. The circumstances behind the Friday star going from a net worth of $40,000,000 to having a negative net worth is a fascinating one; however, Tucker has seen fit to take his best shot at generating his massive fortune anew.

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A career resurgence within the world that put him on the radar to begin with (not to mention his fans feeling he would be perfect for a certain DC role, which would mean a big payday, possibly) is a start for sure, but what else is the star trying to do to ensure his pockets are once again lined with the green stuff? Funny, you should ask. Let’s take a look, shall we?

6 So, What Exactly Happened To Chris Tucker’s Fortune?

Chris Tucker travelled the unfortunate road that many celebrities have before him, the road of unpaid taxes and bad financial investments. Whether inadvertent or due to financial ignorance or perhaps even bad faith, Tucker made various bad investments thanks to his financial adviser, who also failed to provide sufficient assistance and guidance to make sure his tax duties were paid. This, of course, led to a visit from good ol’ Uncle Sam and saw The Fifth Element star having to pay a whopping $14 million back in 2014, and most recently $9.6 million to the IRS. A massive blow and a stinging reminder of the cliché, “There’s only two things of certainty in life: death and taxes.”

5 Chris Tucker Is Making A Comedy Comeback

Chris’ career began with his journey through the world of stand-up comedy and finding his spot on HBO’sDef Comedy Jam back in the early 90s. So, it should come as no surprise that the Money Talks star would venture back to what made him famous all those years ago. Back in 2012 (ish), Chris decided to do just that and embarked on a journey back to stand-up. Taking a 10+ year-long hiatus from Hollywood (due to the actor not wanting to make films anymore) and the process of making movies, Tucker has been putting his focus on his new stand-up act. Tucker began his journey back to prominence with his Netflix special, Chris Tucker: Live.

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4 Chris Tucker's IRS Issues Stand As A Valuable Lesson

In his 2015 Netflix comedy special, Chris Tucker: Live,Tucker makes light of his financial situation and his poor financial acumen. He begins the whimsical rant by stating that the next person to enter his life in a romantic setting must be financially competent, “Marriage ain't sometimes a good business deal. I’m looking, though. But you know, I need a woman who gonna help me, though. I don’t care nothin’ about fine,” he continues, “You gotta do some other stuff. You gotta be able to fill out a 1099 and sh*t. You need to help me out with my taxes this year. You gotta have an accounting degree to be with me.” If you don’t laugh, you cry, right?

3 Surprisingly, Chris Tucker Has Turned Down Lucrative Roles

When offers such as feature roles in Pink Panther, Lethal Weapon, and even a return offer to the Friday series come your way, you’d likely not hesitate to pounce before someone else snatches them up (with the exception possibly being Pink Panther). However, that's exactly what Chris has done in the past. For a man with his financial issues, you would think the comedian would welcome the opportunity to grab a quick and large payday with any of the aforementioned roles, especially Friday. According to Showbiz Cheatsheet.com, Tucker said this about turning down Friday, “It was about going to the next level. They couldn’t believe I didn’t want to do another one, but I was right when I think back on it,” Tucker continued, “I was like, ‘It’s time to do something new. We did that.’”

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2 Chris Tucker's Cancelled Beacon Theatre Show Would’ve Likely Paid Him Handsomely

Chris was en route to headline a concert in New York City’s Beacon Theatre back in 2020; However, the global pandemic caused the show’s cancellation and rescheduling to a later date. The show was then rescheduled to Oct 15 of last year, but once again, the global pandemic forced another cancellation, only this time, there hasn't been an updated rescheduling(as of this writing.) There’s no telling what kind of revenue the Beacon Theatre show would’ve generated, but surely, it would’ve been a princely sum.

1 Chris Tucker Is Currently Worth $5 million

All things considered, Chris has managed to bounce back. Though nowhere near what his net worth was in previous years, Tucker has gone from a negative net worth to accumulating $5 million back in his once lonely bank account. The Rush Hour star has climbed the steep mountain back from bankruptcy; a mountain he certainly never wishes to have to climb again. However, Chris currently finds himself having a few issues with the IRS, so perhaps his past experiences regarding financial woes are, as of yet, far from over. Only time will tell.

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