Discover Mekhi Phifer net worth in 2024 and his financial journey, including bankruptcy and recovery. Dive into his career earnings and business ventures with RachelParris.
Contents
Quick Facts
| FACT | DETAIL |
|---|---|
| Real Name | Mekhi Phifer |
| Popular Name | Mekhi Phifer |
| Gender | Male |
| Birth Date | December 29, 1974 |
| Age | 49 |
| Parents | Rhoda Phifer |
| Siblings | Fernando Cameron |
| Birthplace | Harlem, New York City |
| Nationality | American |
| Ethnicity | African American |
| Education | Manhattan Center for Science and Mathematics, High School M560 – City As School |
| Marital Status | Married |
| Sexual Orientation | Straight |
| Wife/Spouse | Reshelet Barnes (m. 2013), Malinda Williams (m. 1999–2003) |
| Children | Omikaye Phifer, Mekhi Thira Phifer Jr |
| Dating | N/A |
| Net Worth | $500,000 |
| Source of Wealth | Acting, Business Ventures |
| Height | 5 ft 9 in (1.77 m) |
What is the Net Worth Of Mekhi Phifer in 2024?
Mekhi Phifer‘s net worth in 2024 is estimated to be $500,000. This figure is relatively modest compared to other actors in the industry. His financial challenges, including bankruptcy, have significantly impacted his wealth.
Here are some related individuals and entities in the entertainment sector:
- Eminem
- Spike Lee
- Neil Patrick Harris
- The Vine Group USA
- Athlete’s Foot
- Daniel Craig
- Fernando Lamas
For more details on the richest male actors, you can visit richest male actor.
Mekhi Phifer Finance Overview
Financial Struggles and Bankruptcy
He faced significant financial struggles, culminating in a bankruptcy filing in 2014. At that time, he owed over $1 million to the IRS and had assets of only $67,000.
His monthly expenses were $11,000, while his monthly income was just $7,500. This disparity between income and expenses led to his financial downfall. Despite these challenges, he has worked towards financial recovery in recent years.
Major Film and Television Roles
Mekhi Phifer’s career includes notable roles in both film and television. He made his debut in Spike Lee’s Clockers and gained further recognition with his role in 8 Mile alongside Eminem.
Other significant films include Paid in Full and Honey. On television, he is best known for his role as Dr. Greg Pratt on ER. These roles have contributed significantly to his earnings and popularity.
Business Ventures and Investments
In addition to his acting career, he is an entrepreneur. He owns several Athlete’s Foot stores in California, which have provided him with a steady income.
Furthermore, he launched Third Reel Films, a production company, in January 2011. These business ventures have played a crucial role in his financial portfolio.
Charity Work and Public Appearances
He is actively involved in charitable activities. He is the chairman of The Vine Group USA, which provides educational resources to universities in Africa.
He also won the Celebrity Poker Showdown in 2004, defeating Neil Patrick Harris. His involvement in charity work and public appearances has positively influenced his public image.
Personal Life and Financial Impact
Mekhi Phifer’s personal life has also impacted his finances. He has been married to Reshelet Barnes since 2013 and has two children.
His previous marriage to Malinda Williams and the support for his children have influenced his financial decisions. His spending habits and lifestyle choices have been shaped by his personal experiences and responsibilities.
Analysis of Financial Recovery Efforts
Despite filing for bankruptcy, he has taken steps towards financial recovery. He continues to take on acting roles and remains active in his business ventures.
His involvement in new projects and entrepreneurial activities indicates a positive financial trajectory. The future holds potential for increased income and financial stability.
FAQs about Mekhi Phifer
What caused Mekhi Phifer to file for bankruptcy?
He filed for bankruptcy in 2014 due to significant debts, including over $1 million owed to the IRS. His monthly expenses exceeded his income, leading to financial instability.
What are Mekhi Phifer’s most notable film roles?
Some of his most notable film roles include 8 Mile, Paid in Full, and Honey. These films have contributed significantly to his popularity and earnings.
What television roles has Mekhi Phifer played?
He is best known for his role as Dr. Greg Pratt on ER. He has also appeared in Lie to Me, Torchwood: Miracle Day, and Truth Be Told.
What business ventures is Mekhi Phifer involved in?
He owns several Athlete’s Foot stores in California and launched a production company called Third Reel Films in 2011. These ventures provide additional income streams.
How has he contributed to charity?
He is the chairman of The Vine Group USA, which supports educational resources for universities in Africa. He also participates in charity poker events.
Conclusion
Mekhi Phifer’s financial journey is a mix of successes and struggles. His career in acting, business ventures, and charity work paints a comprehensive picture of his financial life. For more content, feel free to leave comments, share, or read more on rachelparris.com.
