Blade Actor Wesley Snipes’ Net Worth 2024, Films, Salaries and Tax Issue

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Dive into the captivating career and lifestyle of Wesley Snipes, the renowned Blade actor, and explore his projected net worth in 2024, his remarkable films, salaries, and the intriguing tax issue that has shaped his career. As of 2024, his estimated net worth stands at $10 million.

Blade Actor Wesley Snipes' Net Worth
Net Worth in 2024$10 Million
Date of BirthJuly 31, 1962
Age61 years old
Place of BirthOrlando, Florida, U.S.
Height5 ft 9 in (1.753 m)
ProfessionActor, Martial Artist, Film Producer, Businessperson, Dancer, Singer
NationalityUnited States of America

What is Wesley Snipes’ Net Worth and Salary?

  • Wesley Snipes, a renowned American actor, film producer, and martial artist, faced financial challenges with a net worth of negative $10 million.
  • In the 1990s, Snipes was a leading figure in the film industry, starring in numerous successful movies and earning substantial salaries.
  • A legal battle with the IRS revealed that Snipes earned $37.9 million between 1996 and 2004 but failed to pay taxes and claimed $12 million in false refunds.
  • This led to a lengthy court battle, resulting in Snipes serving nearly 900 days in prison for tax evasion and being ordered to pay $17 million in back taxes, interests, and penalties.
  • By 2018, the debt had risen to $23.5 million, but the government offered to lower it to $9.5 million, a sum Snipes claimed he couldn’t afford, countering with an offer of $842,000.

Wesley Snipes’ Career Highlights

  • His breakout moment came in the 1980s with critically acclaimed supporting parts in “Streets of Gold” and the sports comedy “Major League.”
  • Became a leading Hollywood action star in the 1990s, particularly through the success of the “Blade” trilogy (1998-2004), where he played a vampire hunter.
  • Showcased versatility with acclaimed performances in dramas like “Jungle Fever” (1991) and “New Jack City” (1991), as well as displaying comedic flair in “White Men Can’t Jump” (1992).
  • Despite legal challenges, Snipes made a strong comeback with notable roles in “The Expendables 3” (2014) and “Dolemite Is My Name” (2019), earning critical praise and re-establishing his presence in Hollywood.

Early Life

  • Born Wesley Trent Snipes on July 31st, 1962, in Florida, he spent his formative years in New York City.
  • Started martial arts training at the age of 12, achieving a 5th-degree black belt in Shotkan karate and a 2nd-degree black belt in Hapkido.
  • Attended Fiorello H. LaGuardia High School of Music, Art, and Performing, the inspiration for the movie “Fame,” but completed high school in Orlando after moving back to Florida.
  • Earned a degree from the State University of New York at Purchase.
  • Wesley Snipes moved across the United States during his youth, returning to Orlando for high school graduation, back to New York for college, and eventually to Los Angeles to attend Southwest College.

Early Career

  • Enrolling in college in Los Angeles positioned Wesley Snipes at the epicenter of the film industry, opening doors to opportunities.
  • Discovered by an agent, he quickly started securing roles, with his debut major film appearance in “Wildcats” marking the beginning of his success.
  • A guest appearance on the popular show “Miami Vice” and a significant role in Michael Jackson’s iconic music video for “Bad” further elevated Snipes’ profile.
  • Director Spike Lee took notice of Snipes’ performance as Jackson’s nemesis in the music video, adding to his growing recognition in the industry.

Mainstream Success

  • Collaborating with Spike Lee proved fruitful for Wesley Snipes, securing roles in acclaimed films such as “Jungle Fever” and “Mo’ Better Blues.”
  • Despite displaying remarkable acting versatility, Snipes often found himself drawn to specific character types, frequently portraying either a drug dealer or a crime lord.
  • Notable performances in movies like “New Jack City” and “Sugar Hill” showcased Snipes’ ability to excel in these roles.
  • Additionally, Snipes earned a role in the film “Kings of New York,” further contributing to his diverse and impactful filmography.

Shift Towards Action Films

  • Having solidified his presence in the industry, Wesley Snipes shifted towards action films, showcasing his authentic martial arts skills.
  • Notable movies during this phase of Snipes’ career include “Passenger 57,” “Money Train,” “The Fan,” “U.S. Marshals,” “Rising Sun,” and the highly acclaimed “Demolition Man,” where he starred alongside Sylvester Stallone.
  • Despite his focus on action, Snipes demonstrated his comedic abilities with films like “White Men Can’t Jump” and “To Wong Foo” during this period of his career.

Blade Trilogy

  • Wesley Snipes achieved his peak commercial and financial success with the “Blade” trilogy, commencing in 1998.
  • The initial film in the series garnered $150 million globally, leading to the development of two additional installments, namely “Blade II” and “Blade: Trinity.”
  • Following the conclusion of the “Blade” series, Snipes entered a phase of relative obscurity in his career.

Notable Salaries

  • Court filings in Wesley Snipes’ tax evasion case revealed that from 1996 to 2004, he earned a total income of $37.9 million, primarily from film salaries.
  • Notable film salaries during this period include:
  • “Drop Zone” (1994) = $7 million
  • “Money Train” (1995) = $5.5 million
  • “The Fan” (1996) = $7 million
  • “Blade: Trinity” (2004) = $13 million

Tax Issues And Prison

  • In 2006, two years after the “Blade Trilogy” release, Wesley Snipes faced charges of conspiring to defraud the U.S. government, making a false claim for payment, and six counts of failing to file tax returns.
  • Allegations included filing fraudulent tax returns for substantial refunds and not filing tax returns from 1999 to 2004, despite earning $37.9 million from 1996 to 2004.
  • In 2008, Snipes was acquitted of felony charges but found guilty of three misdemeanor charges for not filing tax returns, resulting in a three-year prison sentence. He served until 2013, completing the rest under house arrest.
  • Alongside prison time, Snipes was mandated to pay $17 million in back taxes, interest, and penalties to the IRS.
  • In 2018, he offered to settle the debt, which had grown to $23.5 million, for $842,000. The government rejected and proposed $17 million, later settled at $9.5 million.
  • Wesley contested even the reduced amount, claiming his $842,000 offer was final, citing a lack of assets and income. The current status of the debt repayment remains unclear as of now.

New Jersey Mansion

  • In 2002, Wesley Snipes purchased a 10,000-square-foot mansion in Alpine, New Jersey, for $5.6 million.
  • By early 2008, reports surfaced that he owed $70,000 in back property taxes related to the mansion.
  • In March 2014, the property was sold for $3.5 million, resulting in a $2.1 million loss for the actor.
  • A video tour of Wesley Snipes’ former New Jersey mansion is available.

Life After Release From Prison

  • Following his release, Wesley Snipes swiftly returned to the acting scene, landing a role in the film “The Expendables 3.”
  • His comeback continued with appearances in movies such as “Chi-Raq” and “Dolemite is My Name.”
  • More recent film credits include roles in “Cut Throat City” (2020), “Coming 2 America” (2021), and “Back on the Strip” (2023).

Involvement in Martial Arts

  • Wesley Snipes boasts impressive martial arts credentials, including a fifth-degree black belt in Shotokan Karate and a second-degree black belt in Hapkido.
  • His diverse training extends to Capoeira, Shaolin Kung Fu, Brazilian Jiu-Jitsu, and kickboxing, showcasing his proficiency across various martial arts disciplines.

Projects Outside of Acting

  • Wesley Snipes ventured into entrepreneurship by establishing his own security firm, specializing in providing security services for VIPs. The company prioritized hiring individuals with backgrounds in law enforcement and martial arts.
  • Additionally, Snipes founded his film production company, contributing to the creation of films such as “A Great and Mighty Walk: Dr. John Henrik Clarke.”
  • In 2017, Snipes added author to his repertoire with the publication of his book, “Talon of God.”

Personal Life

  • Wesley Snipes began martial arts training at age 12.
  • Renowned for his martial arts prowess, he has achieved the rank of 5th-degree black belt in Shotokan karate and 2nd-degree black belt in Hapkido.
  • Snipes also trained in Capoeira under Mestre Jelon Vieira, Kung Fu at the USA Shaolin Temple, Brazilian Jiu Jitsu, and Kickboxing.
  • During his time in New York, he received fighting training from friend and mentor Brooke Ellis.
  • Wesley Snipes has been married twice.
  • Wesley Snipes has five children. His first son Jelani was born to his first wife, April Snipes (née Dubois).
  • In 2003, Snipes tied the knot with Nikki Park, a painter, and the couple has four children together.
  • Snipes’ upbringing was Christian, but he converted to Islam in 1978. However, he later chose to leave the religion in 1988.
  • In a 1991 interview, he expressed that Islam increased his awareness of African accomplishments, self-worth, and self-dignity.
  • During the 9/11 attacks on the World Trade Center Twin Towers, Snipes’ apartment in New York City was destroyed. Fortunately, at the time, he was on the West Coast.

Frequently Asked Questions (FAQs)

Q1. How much did Wesley Snipes make in New Jack City?

Wesley Snipes is estimated to have earned $500,000 for his role in “New Jack City.”

Q2. How much did Wesley Snipes make from the Blade trilogy?

Approximately $36 million, with individual salaries reported as:

• Blade (1998): $10 million
• Blade II (2002): $12 million
• Blade: Trinity (2004): $14 million

Q3. Is Wesley Snipes married?

Yes, He was married to Nakia Griffin in 2003.

Q4. Does Wesley Snipes have children?

Yes, he has 5 children: Four sons and a daughter.

Q5. How tall is Wesley Snipes?

He is 6 feet (1.83 meters) tall.

Q6. Who was Wesley Snipes’ wife?

He was married to Nakia Griffin in 2003.

Q7. How old is Wesley Snipes?

As of today, February 6, 2024, he is 61 years old, having been born on July 31, 1962.

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