Do you want to know the net worth of Wesley Snipes? Wesley Snipes is a well-known name in the United States of America in the fields of acting, film production, and martial arts, and he has a net worth of $10 million.
He starred in some of the most iconic movies of the 1990s, including White Men Can’t Jump, Demolition Man, and the films in the Blade trilogy. He was one of the most famous performers of the decade. Along with being a writer, he is also the founder of his own production firm for movies and television shows.
Table of contents
Net Worth of Wesley Snipes: Biography
Snipes was born in Orlando, Florida. His parents, Marian, who worked as an assistant teacher, and Wesley Rudolph Snipes, an aircraft engineer, welcomed their son into the world there. He spent his humble childhood in the Bronx, New York City.
He was enrolled at the High School of Performing Arts at the Fiorello H. LaGuardia High School of Music & Art and Performing Arts in New York City, but he moved back to Florida before he could complete his education there and earn his diploma.
Snipes moved back to New York after completing his high school education at Jones High School in Orlando and enrolled in classes at the State University of New York at Purchase. In addition, he earned a degree from Southwestern College, which is located in California.
Net Worth of Wesley Snipes: Career
The subject of the net worth of Wesley Snipes starts with his great career accomplishments. Snipes was discovered by an acting agent when he was 23 years old. At the time, he was participating in a competition. His first cinematic role was in the 1986 film Wildcats, which also starred Goldie Hawn. In the latter part of that year, he had a role in the episode of the television show Miami Vice called “Streetwise” in which he played a pimp who dealt drugs (first aired December 5, 1986). In 1987, he made an appearance as Michael Jackson’s adversary in the music video for “Bad,” which was directed by Martin Scorsese, as well as in the feature film Streets of Gold.
Snipes was also a candidate for the character of Geordi La Forge in Star Trek: The Next Generation during that same year; however, LeVar Burton was ultimately cast in the part. Snipes tried out for and advocated vigorously for the part of Leroy Green in the cult classic film The Last Dragon, which was released in 1985, but Taimak was ultimately cast in the part.
Spike Lee became interested in Snipes after seeing his performance in the music video for the song “Bad.” Willie Mays Hayes in Major League was the first of a string of box office hits for Wesley Snipes, who began his career by passing up a smaller role in Spike Lee’s Do the Right Thing in favor of the larger role of Willie Mays Hayes in that film. Later on, Lee would give Snipes the role of Shadow Henderson, a jazz saxophonist, in Mo’ Better Blues, and he would also put him in the lead role of the interracial romantic drama Jungle Fever.
Snipes was referred to as “the most acclaimed new actor of the season” by the Washington Post following the success of the film Jungle Fever. After that, he starred alongside Christopher Walken in the film King of New York as Thomas Flanagan. In the film New Jack City, which was written especially for him to star in by Barry Michael Cooper, he took on the role of the notorious drug boss Nino Brown. In the film Sugar Hill, which was released in 1994, he also played a drug dealer.
Snipes has been in a number of films, including comedies such as White Men Can’t Jump and action films such as Passenger 57, Demolition Man (with Sylvester Stallone), Money Train, The Fan, U.S. Marshals, and Rising Sun. He is known for films such as Passenger 57 and Demolition Man (with Sylvester Stallone). starring Julie Newmar, in which he had a role as a drag queen. Snipes is well known for his roles in dramatic films such as “The Waterdance” and “Disappearing Acts.”
In 1997, he was awarded the Volpi Cup for Best Actor at the 54th Venice Film Festival for his role in One Night Stand, which was produced by New Line Cinema. In 1998, Snipes had his greatest commercial success with Blade as the titular character Blade, which has made over $150 million all over the world. This was Snipes’s first major role in a major motion picture. The popular movie was adapted into a television series. Additionally, he was awarded a star on the Hollywood Walk of Fame as well as an honorary doctorate degree in humanities and fine arts from the university that he graduated from, SUNY Purchase.
Snipes played the same character once again in the third installment of the Blade film series, titled Blade: Trinity, which he also produced. In 2005, he filed a civil lawsuit against the film’s studio, New Line Cinema, as well as the director of the movie, David S. Goyer. He alleged that the production company did not pay him his full wage, that he was purposefully excluded from the casting decisions, and that the screen time given to his role was decreased in order to provide more screen time to co-stars Jessica Biel and Ryan Reynolds.
The lawsuit was eventually resolved, but the terms of the settlement were not made public. Later on, Snipes entertained the idea of reprising his role as Blade in the Marvel Cinematic Universe; however, Mahershala Ali was cast in the part instead. Before 2010, Trinity was his only film to be shown in theaters in the United States.
Snipes has had roles in films such as The Contractor, which was shot in both Bulgaria and the United Kingdom; Gallowwalkers, which was released in 2012; and Game of Death. Snipes was supposed to portray one of the four stars in the Spike Lee war picture Miracle at St. Anna, but he was forced to drop out of the project owing to tax issues. Derek Luke ended up taking over the character that Snipes was supposed to play.
In Brooklyn’s Finest, Snipes played a supporting role as Casanova “Caz” Phillips, marking his first screen appearance since 2004. In 2014, Snipes appeared at the French premiere of The Expendables 3 in Paris. In Brooklyn’s Finest, Snipes reprised his role as Casanova “Caz” Phillips, a role he had previously played on Broadway.
Due to the fact that he was not permitted to leave the United States without the permission of the court, he was unable to accept the role of Hale Caesar in the film The Expendables. In the sequel The Expendables 3, which was released in 2014, he had a role. Dolemite Is My Name, in which he plays the humorous part of D’Urville Martin, has garnered him a number of excellent reviews as well as nominations for several awards.
Life and Relationships
When Snipes was 12 years old, he first began his training in various forms of martial arts. He holds a prestigious black belt in Shotokan karate at the 5th degree, as well as a black belt in Hapkido at the 2nd degree. In addition, he has received instruction from Mestre Jelon Vieira in the art of capoeira. He has also trained in a variety of other disciplines, such as kung fu at the USA Shaolin Temple, Brazilian jiu jitsu, and kickboxing. Snipes received his martial arts instruction from his good friend and mentor, Brooke Ellis, while he was living in New York.
Snipes has been married twice, the first time being to April Snipes (née Dubois), with whom he had a son named Jelani. Jelani appeared in a cameo part in Snipes’ film titled Mo’ Better Blues, which was released in 1990. Snipes has been married twice. Snipes wed the painter Nakyung “Nikki” Park in 2003, and the couple now shares custody of their four children.
Snipes, who was brought up in a Christian household, converted to Islam in 1978 but later turned his back on the religion in 1988. During an interview in 1991, Wesley Snipes stated, “Islam made me more conscious of what African people had accomplished. It also made me more aware of my own self-worth, and it provided me with some measure of dignity.”
During the airplane terrorist attacks on September 11, 2001, Snipes’ apartment in New York City was one of the buildings that was devastated when the World Trade Center’s Twin Towers collapsed. At that moment, he was located on the West Coast.
Snipes has a half brother named A.D. Snipes, who is also in the entertainment industry and lives in San Antonio, Texas. A.D. Snipes is a passionate writer and comedian. He is working as a writer for a number of the most successful comedians and television shows in the country right now.
The younger Snipes has appeared in Rough Riders and Buffalo Soldiers, both of which are broadcast on TNT Classics. He has also made appearances on BET’s Comicview and HBO’s Def Comedy Jam. Snipes is married to Marcella M., who hails from Philadelphia and is a graduate of Penn State University. The couple has three children, whose ages range from 12 to 8 years.
October 12, 2006, brought charges of conspiracy to defraud the United States against Snipes, Eddie Ray Kahn, and Douglas P. Rosile. As well as that, they were accused of making or helping to make a fake and fraudulent payment claim against the United States. These were charges stemmed from an incident that occurred on October 12, 2006. In addition to this, Snipes was charged with six counts of deliberately failing to file federal income tax returns by the deadlines for filing those forms.
In the conspiracy charge that was brought against Snipes, it was alleged that he filed a false amended return for the year 1996, including a false tax refund claim of over $4 million, and that he filed a false amended return for the year 1997, including a false tax refund claim of over $7.3 million. Both of these claims were for tax refunds.
Snipes was accused by the government of attempting to receive bogus tax refunds by utilizing a tax protester idea that is commonly referred to as the “861 argument”: this states that the domestic income of American citizens and residents cannot be taxable. In addition, the government alleged that Snipes had defrauded the Internal Revenue Service by sending them three fake “bills of exchange” for a total of fourteen million dollars (IRS).
In addition to this accusation, the government stated that Snipes did not submit any tax returns for the years 1999 through 2004. Snipes sent a letter of response to his indictment on December 4, 2006, in which he declared himself to be “a non-resident alien” of the United States.
In actuality, however, Snipes is a citizen of the United States by virtue of his birth. In the realm of litigation strategy, such strategies are typically classified as belonging to the “Sovereign Citizen,” “Freemen,” or “OPCA” (Organized Pseudolegal Commercial Argument) categories.
Snipes decided to go with Robert Barnes as his attorney for the defense. Snipes was found not guilty on the felony counts of conspiring to defraud the government and of making a false claim to the government on February 1, 2008. He was also found not guilty on the offense of submitting a fraudulent claim with the government.
It was determined that he was responsible for three instances of misdemeanor failure to file returns for federal income taxes (and acquitted on three other “failure to file” charges). In relation to the income tax refund claims that were submitted for Snipes, his co-defendants, Douglas P. Rosile and Eddie Ray Kahn, were found guilty of conspiracy and making a fraudulent claim.
According to section 7203 of the 26 United States Code, Snipes was given a sentence of three years in jail time on April 24, 2008, for the deliberate refusal to file federal income tax returns. Both Kahn and Rosile were given jail sentences, with Kahn receiving a term of ten years and Rosile receiving a sentence of four and a half years. In a ruling that was published on July 16, 2010, and consisted of a total of 35 pages, the United States Court of Appeals for the Eleventh Circuit upheld Snipes’ convictions.
On December 9, 2010, Wesley “Wesley Snipes” reported to the McKean Federal Correctional Institution in Pennsylvania to begin serving his three-year sentence. This facility is a federal prison located in the state of Pennsylvania. The petition for review of Snipes’ case was denied by the Supreme Court of the United States on June 6, 2011. On April 2, 2013, Snipes was granted his release from federal prison. He completed his time under home arrest on July 19, 2013.
When Snipes made an offer in compromise to settle a $23.5 million tax bill, the Internal Revenue Service rejected it and upheld the issuance of a notice of federal tax lien, according to a decision issued by the United States Tax Court on November 1, 2018. This decision was made in relation to approximately $23.5 million in Federal tax liabilities for tax years 2001 through 2006.
Thanks for reading our blog post on the net worth of Wesley Snipes. Have a good day!