MovieChat Forums > Paul Walker Discussion > He leaves his daughter his whole estate ...

He leaves his daughter his whole estate (only a mere $25 million)

posted 11 years ago by donl1282
9 replies | jump to latest

That's very nice of him and all. However, I'm pretty shocked his net worth is only $25 million. That's pretty low net worth for a celebrity, given he's probably made at least $250 million in his career. Many middle class households are worth at least $2 million as a million dollars is no longer a great deal of money but I digress. But my point is, how did he only end up with $25 million, he should have at least $100 million from all his blockbuster earnings.

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[–] donl1282 11 years ago

Wow, I wonder what happened to the other $20 million lol. Since $5 million is exempt from federal tax, the estate will have to pay a chunk of it on the rest.

[–] PhoCris 11 years ago

Wow, I wonder what happened to the other $20 million$45 millions is not his net worth. It's just the tally of his movies salaries plus a few endorsements before Federal/State income tax and his personal expenses. Half of his earnings went to the government so $20 million was easily gone.

Actually if you google and read articles regarding the value of his estate, it's only worth $18 million right now, and expected to rise another $8 million with the future earnings of F&F7.

http://abcnews.go.com/Entertainment/wireStory/paul-walkers-estate-esti mated-25-million-22367767

[–] Thenewnexus 11 years ago

Plus his agent and manger got like 10-20 percent of his earnings,so 20-25 million sounds right

I use to own this town Now my life's been turned upside down Just a phase I'm going through

[–] pypsqweek 11 years ago

Dude 25 million is 25 million. I think she'd still prefer to have him instead of the money.

[–] donl1282 11 years ago

Very true, you can replace money lost but never a person you lost.

[–] AarOnHisBox 11 years ago

Eh I know you are just sorta spouting what you hear but, trust me, when you are making this amount of money, you aren't paying those amounts in income taxes...unless you think he is utterly stupid.

And you'd have to assume he also he just took his money and stuck it in a savings accounts and didn't invest any of it wisely at all.

Just sayin