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Home net-worth $10 Million Net Worth of Wesley Snipes - Paid $23 Million for Tax Fraud Though

$10 Million Net Worth of Wesley Snipes - Paid $23 Million for Tax Fraud Though

aisha Published On Mon Apr 20 2020   Modified On Mon Apr 20 2020
$10 Million Net Worth of Wesley Snipes - Paid $23 Million for Tax Fraud Though

Wesley Snipes has accumulated a whopping net worth of $10 million from his diverse career as an American actor, director, and film producer. His worth would be more than $40 Million if it hadn't been charged huge fine of $23M for tax fraud.

Snipes' highest grossed movie is The Expendables 3 which made $214 million. Then from his 2004 movie Blade: Trinity, Snipes was paid a huge amount of $13 million as his salary. 

Had To Pay $23.5 million 

On October 12, 2006, Wesley Snipes was charged in a crime to defraud the United States and failing to file federal income tax returns for six times. In 1996, he filed a false amended return, with a fake tax refund claim of $4 million and another false tax refund claim of $7.3 million in 1997.

A picture of Wesley Snipes.
A picture of Wesley Snipes.
Image Source: Forbes

The government also charged Snipes for sending useless bills of exchange to the Internal Revenue Service (IRS) of $14 million. In 2008, he was sentenced to three years of imprisonment willful failure of file federal income tax returns. According to Forbes, Sniper was making $40 million from 1999 to 2004 without paying any taxes.

In 2014, Snipes made an offer with IRS of $842,000 or 4% of the roughly $23.5 million tax debt, while the IRS denied the offer. Then in 2018, the government made Snipes to pay $23.5 million in federal tax liabilities that he hasn't paid from 2001 to 2006.

Salary From Movies

Simon Phoenix from 'Demolition Man' has earned half of his worth from his acting career. As in 1986, he earned a huge wealth of $30 million by working in the movie Wildcats, Streets of Gold, and Miami Vice. Then in 1994, he got a salary of $7 million alone from one movie Drop Zone as Pete Nessie. 

Wesley Snipes in the movie Blade II.
Wesley Snipes in the movie Blade II.
Image Source: Pinterest

He then got a paycheck worth $5.5 million from the Money Train (1995), $7 million from The Fan (1996), and $14 million from Blade: Trinity (2004).

Earning From Being A Producer

After appearing in some movies in his 90s, Snipes started being the producing and executive producer since 1996. He first became an executive produced of a documentary 'John Henrik Clarke: A Great and Mighty Walk'. Since then he has produced almost 4 TV movies and 9 movies which has added a sum amount of money to his worth.

Highest-Grossed Movie

Wesley Snipes has appeared in almost 70 movies, series, and short videos but between these movies his highest-grossed movie is The Expendables 3. He played the character of Doc in the movie Jason Statham, Sylvester Stallone, Arnold Schwarzenegger, and so on.

Wesley Snipes as Doc in his highest-grossed movie The Expendables 3.
Wesley Snipes as Doc in his highest-grossed movie The Expendables 3.
Image Source: YouTube

The movie Expendables 3 was made on a budget of 100 million while made a huge profit of $214 million from its worldwide collection. Likewise, his second highest-grossed movie is Blade II (2002) was made on a budget of $55 million while making $155 million from its worldwide collection. 

Upcoming Project

The 'New jack City' star worth will be increased in the coming future because of his upcoming movies. In 2020, he will be seen in Coming 2 America as General Izzi and Cut Throat City. He also will be seen in the movie Outbreak Z which is at its pre-production stage. Snipes another movie Chronicles of the Mayan Tunnel has also been announced where he will be playing the role of Ah Puch - God of War.

Author Of Two Books

The multi-talented personality actor Snipes is also an author of two books named After Dark and Talon Of God. In 2010, he released the book After Dark with Antoine Fuqua and Peter Milligan which is a dark science fiction limited series. After seven years in 2017, he released another fiction debut book Talon Of God with Ray Norman. 

Cover picture of Wesley Snipes two books Talon Of Gog and After Dark.
Wesley Snipes the author of two books Talon Of Gog and After Dark.
Image Source: Super Black Stars

Appeared in Super Bowl Commercial

Snipes was in the two Planter super bowl commercial with Matt Walsh and Mr. Peanut in 2020. In the first commercial Mr. Peanut sacrifices himself to save Walsh and Snipes whereas in the second commercial they give tribute to them. 

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