Corey Feldman Net Worth: How the ’80s Star and Activist Built His Wealth
What is Corey Feldman’s Net Worth in 2024?
Corey Feldman, the iconic ’80s actor and musician, has a net worth that currently stands at an estimated $30,000 as of 2024. This might come as a surprise to many, considering his once flourishing career in the entertainment industry. So, what happened?
According to court documents revealed during his divorce proceedings with estranged wife Courtney Feldman, Corey disclosed significant financial struggles, including owing the IRS around $200,000. Despite claiming earnings of about $78,946 in 2023, his net earnings were considerably reduced after taxes and management fees. During his peak in the 1980s, his net worth reportedly topped $19 million. However, those days are far behind.
How Did Corey Feldman Earn His Fortune?
Corey Feldman began his career in the entertainment industry at just three years old, starring in a McDonald’s commercial. He gained widespread fame for his roles in movies such as “The Goonies,” “Stand By Me,” and “The Lost Boys.” While acting provided a significant portion of his income, Corey also delved into music with his band, Corey Feldman & The Angels. Despite his early success, Corey has admitted to financial difficulties and claims not to receive significant residuals from his past works.
What Led to Corey Feldman’s Financial Decline?
Corey faced several personal and professional challenges that impacted his financial status. His struggles with drug addiction and alleged childhood sexual abuse in Hollywood overshadowed his career. Additionally, during his marriage to Courtney, they reportedly lived a modest lifestyle, sharing a rental house with roommates in Woodland Hills, California.
In court documents, Courtney claimed that Corey earned around $280,000 per month, a figure Corey contested, saying his income was far from that. Their legal battles also revealed that his primary income source is from fan conventions, where he typically earns $35,000 per appearance, attending three to six annually.
Where Does Corey Feldman Stand Now?
Corey continues to work in the entertainment industry, although not as actively as before. He focuses on his music career, recently touring solo and participating in events like the 2024 Loserville tour. Corey remains vocal about his experiences with child actors’ rights and Hollywood’s dark side, using his platform to advocate for change.
Corey Feldman Net Worth Summary
| Aspect | Details |
|---|---|
| Current Net Worth | $30,000 (2024) |
| Peak Net Worth | Approximately $19 million in the 1980s |
| Primary Income Sources | Paid appearances at conventions, music revenue |
| Financial Challenges | IRS Debt: $200,000; Legal fees; Reduced earnings post management fees |
| Notable Films | “The Goonies,” “Stand By Me,” “The Lost Boys” |
| Music Endeavors | Corey Feldman & The Angels, Solo Tours |
| Controversies | Drug addiction, Legal disputes, Hollywood abuse allegations |
