Mekhi Phifer Net Worth: Unraveling the Actor's Financial Journey (2023)

Mekhi Phifer Net Worth - $500,000

Despite having a noteworthy acting career and various entrepreneurial endeavors, the question on many minds is: What happened to Mekhi Phifer’s money? The American actor’s net worth now reportedly stands at $500 thousand. 

Mekhi Phifer net worth

Early Life and Career

Born on December 29, 1974, in Harlem, New York City, Mekhi Phifer was primarily raised by his single mother, Rhoda Phifer, a high school teacher. Mekhi’s journey into the acting world began by making his debut as a petty drug dealer in Spike Lee’s 1995 movie “Clockers.” With no prior acting experience, his charisma and familiarity with Harlem streets landed him this role, propelling him into the entertainment industry.

Phifer continued to make a name for himself through various movies and TV shows, most notably in films such as “8 Mile”, “Clockers,” and “Paid in Full.” Moreover, he has appeared in numerous music videos and TV series, including “ER,” “Chicago P.D.”, and “Love, Victor.”

Personal Life and Bankruptcy Filing

Mekhi Phifer’s personal life includes two marriages – first to actress Malinda Williams, with whom he has a son, and then to Reshelet Barnes, whom he wed in 2013. He also has a son with another partner, Oni Souratha.

Unfortunately, Mekhi experienced significant financial issues, filing for bankruptcy in May 2014 and listing assets of only $67,000 alongside a whopping $1.3 million in debt. Due to his $1.2 million of debt being owed to the IRS in back taxes, Mekhi’s monthly income of $7,500 failed to cover his monthly expenses of $11,000.

Mekhi Phifer’s Houses, Cars, and Other Activities

Though Mekhi Phifer has faced financial hurdles, he continues to own a home in Woodland Hills, California. As for cars, he notably possesses a Range Rover SUV featuring a supercharger, television sets, and high-quality sound systems.

In addition to his acting endeavors, Mekhi is an entrepreneur, owning several athletic footwear franchise stores called “Athlete’s Foot” in California. Since January 2011, he leads the production company, Third Reel Films. Furthermore, he engages in charity work and has held the position of Chairman of the Board for the non-profit organization, The Vine Group USA.

Mekhi Phifer’s Height, Weight, and Body Measurements

For those curious about Mekhi Phifer’s physical attributes, the American actor stands at a height of approximately 5 feet 9 inches (1.765 m) and weighs around 78 kilograms. He sports a muscular build with a heart-shaped face, dark brown eyes, and black hair.

Mekhi Phifer attributes his fit physique to consistent workouts with a focus on boxing and weight routines, as well as maintaining a healthy diet.

In Conclusion

While Mekhi Phifer’s net worth may seem underwhelming compared to his earlier years, the actor undoubtedly maintains a respected position in the entertainment industry, also making his mark as an entrepreneur. As an engaging personality on movie screens and beyond, it will be interesting to see how Mekhi’s career and financial situation continue to unfold in the future.

FAQ:

What happened to Mekhi Phifer’s money?

Mekhi Phifer’s monetary struggles primarily stemmed from owing over $1 million to the IRS, which led to him filing for bankruptcy in 2014.

How much is Mekhi Phifer worth?

Currently, Mekhi Phifer has a net worth of an estimated $500 thousand.

What nationality is Mekhi Phifer?

Mekhi Phifer is of American nationality, having been born in Harlem, New York City.

Who is Mekhi Phifer married to now?

Mekhi Phifer is currently married to Reshelet Barnes, with whom he tied the knot in 2013.

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