Redd Foxx, the legendary comedian and actor, is best known for his iconic role as Fred G. Sanford on Sanford and Son.
While his talent and career achievements are well-remembered, his financial story is equally intriguing.
From his peak as the highest-paid TV actor to his later financial struggles, Foxx’s wealth offers a fascinating case study.
In this article, we’ll explore what is Redd Foxx’s net worth, his salary details, financial troubles, and the legacy he left behind.
Redd Foxx Quick Facts
FACT | DETAIL |
---|---|
Real Name | John Elroy Sanford |
Popular Name | Redd Foxx |
Birth Date | December 9, 1922 |
Age | 68 years (Died on October 11, 1991) |
Birthplace | St. Louis, Missouri, USA |
Nationality | American |
Ethnicity | African American |
Education | N/A |
Marital Status | Married four times |
Spouse | Evelyn Killebrew, Betty Jean Harris, Joi Yun Chi Chung, Kaho Cho |
Children | Debraca Denise |
Dating | N/A |
Siblings | Fred Jr. (Older brother) |
Parents | Fred Sanford (father), Mary Hughes (mother) |
Height | 1.73 m |
Net Worth | -$3.5 million (at the time of death, owed taxes) |
Source of Wealth | Comedy, Acting, TV Shows, Albums |
What is the Net Worth of Redd Foxx in 2025?
Redd Foxx’s financial life is one marked by peaks and valleys. As of his death, Foxx owed over $3.5 million in taxes, a stark contrast to his earlier years where he was the highest-paid TV actor, earning substantial sums through his roles in Sanford and Son. While his actual net worth isn’t clear, his financial struggles after his peak earnings are well-documented.
Despite his financial woes, Foxx’s influence on comedy and television continues to be celebrated. His Sanford and Son salary, which was boosted in the 1970s, made him one of the most successful TV personalities of his time. However, the actor faced a range of financial setbacks that impacted his net worth, including costly divorces and mismanagement of his wealth.
Close Entities/People Linked to Redd Foxx:
- Demond Wilson
- Jamie Foxx
- Richard Pryor
- Chris Rock
- Eddie Murphy
- Sanford and Son
- The Royal Family
- IRS
- Las Vegas Home
For more about the financial details of other popular figures, check out our section on the richest celebrities.
Redd Foxx Wealth, Salary, and Financial Overview
Salary from Sanford and Son
Redd Foxx’s role as Fred G. Sanford in Sanford and Son made him the highest-paid TV actor of his time. Initially, he earned $19,000 per episode (equivalent to about $130,000 in today’s terms), which resulted in an income of around $500,000 per year in the early 1970s. However, this wasn’t enough to stave off Foxx’s financial difficulties. After a salary dispute with the show’s production company in the 1973–1974 season, his earnings were increased to $25,000 per episode. Additionally, he secured a 25% share of the show’s net profits, significantly boosting his salary and status.
Financial Struggles and Bankruptcy
Despite earning large sums of money, Foxx’s financial decisions were often marred by lavish spending and mismanagement. In 1983, he filed for bankruptcy, revealing the extent of his debts. His divorce settlements were also a significant financial burden. Foxx’s multiple divorces, including from Betty Jean Harris after 18 years of marriage, drained a portion of his wealth. The IRS filed tax liens against him, leading to the seizure of his Las Vegas home and several of his vehicles in 1989.
Tax Liens and Debt
One of the most pressing aspects of Redd Foxx’s financial troubles was his significant tax debt. At the time of his death in 1991, Foxx owed over $3.5 million to the IRS. This debt was a result of both unpaid taxes and the penalties incurred over the years. Despite his career successes, Foxx’s personal financial management was lacking, contributing to his unfortunate financial downfall.
Redd Foxx’s Other Income Sources
Apart from his TV career, Redd Foxx earned considerable income through his stand-up comedy albums. Known for his raunchy humor, Foxx became the “King of Party Records” and released over 50 comedy albums throughout his career. These records helped shape the comedic landscape, earning him both a devoted fan base and a substantial income during the 1950s and 1960s.
However, despite these multiple revenue streams, Foxx’s financial decisions and lifestyle left him in a precarious position by the time of his death. His estate, which was left in debt, shows how fame and fortune don’t always equate to lasting wealth.
Legacy in Comedy
Redd Foxx’s influence on the comedy world remains undeniable. Foxx paved the way for later comedians like Richard Pryor and Chris Rock, and his influence can still be seen in modern stand-up performances today. Foxx’s comedy albums continue to be cult favorites, and his role as Fred Sanford remains an iconic representation of black television and sitcoms. Despite the financial troubles that plagued his later years, Foxx’s cultural impact endures.
Conclusion
Redd Foxx’s life was a mixture of immense success and deep financial struggles.
Though his legacy in comedy and TV is firmly established, his financial mismanagement is a stark reminder of the challenges even the most successful entertainers can face.
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