Redd Foxx net worth is -3.5 million dollars, or it can be said that Redd Foxx is currently bankrupt and has a lot of debt.
Redd Foxx is a hugely popular American comedian and actor. He is one of the funniest comedians of all time. He was the star of “Sanford and Son” and has made many other television appearances. So it is no surprise that Redd Foxx net worth grew significantly.
His jokes are famous for their explicit content, but he is loved by audiences across the globe. Redd Foxx is known for his most memorable quotes in history, such as “You can lead a horse to water but you can’t make him drink.”
If you are a fan of actor and comedian Redd Foxx and are curious as to why Redd Foxx net worth could be minus. And want to know what caused Redd Foxx to go bankrupt.
You shouldn’t miss the article below about the brief biography and net worth of Redd Foxx, career, annual income, employment contracts and investments of this actor.
|Stage Name||Redd Foxx|
|Legal name||John Elroy Sanford|
|Date of Birth:||December 9, 1922|
|Net worth||$-3.5 million|
|Salary / earning / income per day||$25 thousand per year|
Getting Familiar with Redd Foxx
Redd Foxx, a talented actor and comedian who had a long career in Hollywood, became famous for starring in the iconic NBC sitcom Sanford and Son. The journey of increasing Redd Foxx net worth, career, and popularity started with his brand of comedy, which was something new and innovative at the time.
Redd Foxx also has a line of records called King of the Party Records. He produced more than 50 records during his career in the entertainment world, which increased Redd Foxx net worth.
Another thing to take into account, Redd Foxx ranks 24th on the list of the best stand-up comics. He has had several TV shows and movies that he starred in throughout his career.
He has also won the award for best TV actor at the Golden Globe Award. With all the achievements of a career in the entertainment world, the public is always curious about what Redd Foxx net worth is.
The actor died in October 1991 of a heart attack.
- Legal Name & stage name:
- The real name of this actor is John Elroy Sanford.
- However, he is better known by the stage name Redd Foxx.
- Date of Birth: Redd Foxx was born in St. Louis, Missouri on December 9, 1922.
- Gender & Height:
- Redd Foxx is male.
- He has a height of about 172 cm and weighs 85 kg.
- Nationality: John Elroy Sanford is an American citizen.
Generally Known for
Redd Foxx is well known as an actor, comedian, and singer. He became very popular when he played Fred G Sanford in the TV series Sanford and Son from 1972 to 1977.
Redd Foxx is well known as an actor, comedian, and singer. He started his career as a nightclub comedian and was joined by Johnny Carson on the Tonight Show in the 1960s. Redd Foxx acted in several movies and appeared on several TV shows such as Sanford and Son, The Royal Family (with Billy Crystal), and In Living Color (with Jamie Foxx). Years later, Redd Foxx net worth was growing as he became more popular.
Redd Foxx net worth also comes from his career as an actor in several films. Some notable titles include Cotton Comes to Harlem, All the Fine Young Cannibals, and Harlem Nights.
He has also won a Golden Globe Award for best actor. He has also won an Image Award and a Primetime Emmy Award. Looking back on his successful story, people are curious about Redd Foxx net worth and how he went bankrupt.
Story Life of Redd Foxx
Redd Foxx is the son of Fred Sanford and Mary Sanford Carson. His father was a technician by profession. He has an older brother named Fred Jr.
During the second world war, he refused to be elected to the military. Therefore, before the physical test began, he ate a bar of soap. This caused his heart to beat so fast that he was not accepted.
Redd Foxx story began in Chicago where he attended DuSable High School and played football as well as being an accomplished boxer. Redd would often engage in various criminal activities, but after a near-fatal car crash that left him paralyzed from the waist down, he turned his life around.
While Redd Foxx net worth is huge, he has another side to his personal life. Redd Foxx was married four times. First, he married Evelyn Killebrew in 1948. However, this marriage only lasted 3 years.
Redd Foxx married his third wife, Betty Jean Harris. She had her own job as a dancer and already had one child before they met. Redd accepted his new stepdaughter and even gave her the surname of Foxx. They divorced after 18 months together.
In 1976, Redd Foxx married Joi Yun Chin Chung again. Joi is 20 years younger than Redd Foxx. This marriage only lasted 3 years.
In mid 1991, Redd Foxx remarried to Kaho Cho from South Korea. However, in October 1991, Redd Foxx died of a heart attack.
Redd Foxx’s career began when he often appeared in nightclubs. Redd Foxx net worth increased over the long term as he also got a contract. Until finally he managed to launch a comedy album. This album is very liked by his fans. However, it is not known how much salary he received from the contract.
Redd Foxx’s work in the entertainment industry was not limited to stand-up comedy, he also starred in a television show, Sanford and Son.
After the show ended in 1977, Redd Foxx got another job contract in 1980 on a show called Sanford.
In addition to Redd Foxx net worth, he also managed to star in several films. Among them are All the Fine Young Cannibals, Comes to Harlem, Harlem Nights, and many more.
Redd Foxx not only has a career as an actor but also has a job as a singer. During his career, he has released 50 records. It is not surprising that he earned the nickname as the King of the Party Records.
With all his achievements in the world of entertainment, many people believe that Redd Foxx net worth is huge.
- Nightclub act
Redd Foxx had great success in Nightclub Acts. He became the first black comedian to entertain white people on the Las Vegas Strip. Therefore, Redd Foxx net worth increased substantially after he got a long-term contract and a sizable salary as a stand-up comedian.
- How does he make money?
Redd Foxx earns income and salary from various jobs. He acted in several drama series on TV. In addition, he has also starred in several films.
Another source of Redd Foxx net worth is his income from his work as a stand-up comedian and singer.
Redd Foxx Net Worth
Despite having a successful career and work, it turns out that Redd Foxx net worth is -3.5 million dollars. That is, he is declared bankrupt and has a lot of debt.
Many people are curious about why Redd Foxx net worth could run out and even leave debt. This is because he has a bad lifestyle. Apart from that, he also has to deal with divorce cases and tax issues.
Redd Foxx net worth to be minus because of the following things. First, he had to spend about 150 thousand dollars to get his divorce from Betty Jean.
After that, the same case should happen again. He had to pay about $2500 a month during the course of his divorce from Joi. He also had to pay a divorce settlement fee of $300,000.
Until finally, Redd Foxx net worth became nothing. All property and investment properties that he owned were confiscated to pay taxes.
- Earning from Sanford and Son
When starring in Sanford and Son, Redd Foxx earned a salary or income of 25 thousand dollars per episode.
- Earning as Author
There is no source that states with certainty the income and salary obtained as a writer.
- How much does he make per year?
People magazine mentions that Redd Foxx can generate a salary or income of about 4 million dollars in a year. No wonder why Redd Foxx net worth is huge as his popularity is on the rise year by year.
- Real estate
It is not known which luxury home or investment property Redd Foxx owns. However, all of Redd Foxx net worth including the investment of the house was confiscated to pay taxes.
There are no sources that explain the luxury cars owned by Redd Foxx.
During his life, Redd Foxx net worth only came from his career in entertainment and not from any other business or investments.
- Facts about Redd Foxx
Redd Foxx had a negative net worth of $3.5 million because he had a lot of debt. He owed a lot of money on his mortgage and back taxes. He did, however, make a living from stand-up comedy and sold his Beverly Hills mansion for $2.4 million in 2008.