Sinbad net worth

Sinbad net worth

Net Worth: $10.77 Million

About Sinbad

Sinbad net worth

Sinbad is a well known actor and comedian. However, for the last couple of years, he has become mostly known not because of his work in this industry, but because of his net worth. It has been stated that the current sum of Sinbad net worth reaches a bankruptcy line, which is minus 10.77 million dollars. Initially, in his acting career, Sinbad became very popular due to his successful comedian routines, and later he turned to many appearances on TV and films. These appearances helped to increase Sinbad net worth, which at one time was reaching a millionaire dollar sum.

In the end of the 1980s, Sinbad became a huge national star when he began appearing in a spin-off of “The Cosby Show”, which was titled “A Different World”. When the show ended, Sinbad continued to appear in various TV and big screen productions and he even got his own TV show called “The Sinbad Show”, which lasted for one season. Nevertheless, these appearances also increased the overall sum of Sinbad net worth. One of his most recent appearances was in the TV show called “Celebrity Apprentice”.

When he reached his peak career in the 1990s, Sinbad was one of the most wanted actors for appearing in movies, mainly comedies, such as “Coneheads”, “Houseguest” and “Jingle All the Way”.

In the latter movie, he appeared with popular actors, such as Arnold Schwarzenegger. Thus, his appearances in these movies also added up to the overall amount of Sinbad net worth.

However, most recently, he became notorious for his bankruptcy. His net worth decreased a lot due to the fact that Sinbad has a lot of unpaid taxes and has been battling these legal issues for more than a decade already. In 2013, Sinbad was forced to file for bankruptcy. In his claim, it is stated that in assets Sinbad has only 131 thousand dollars, whereas in debt he is known to be for 10.99 million dollars, which is a huge sum of money.

Being more specific, Sinbad is known to be in debt for American Express for 375 thousand dollars, for the state of California – 2.3 million dollars, for Bank of America – 30 thousand dollars and for the IRS he is in debt for 8.3 million dollars. For the IRS, he is known to be in debt for unpaid taxes during the period of 1998-2006. However, Sinbad has also stated that his current monthly payment reaches only 16 thousand dollars.

Now you have an idea why Sinbad net worth is this huge

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