Gary Coleman Net Worth: How Much is He Worth?

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Gary Coleman, renowned for his role in “Diff’rent Strokes,” had a net worth of about $75,000 at his death in 2010. Despite earning up to $100,000 per episode at his peak, financial mismanagement and legal issues significantly diminished his wealth, a stark contrast to his early career success.

Gary Coleman Net Worth

Gary Coleman an iconic figure in American television had a net worth estimated at $75,000 at the time of his death in 2010. Despite his early success particularly on the hit show “Diff’rent Strokes” where he reportedly earned $100,000 per episode, Coleman faced financial struggles throughout his life.

His trust fund which should have been worth up to $18 million was significantly depleted due to various factors including mismanagement. Coleman’s financial journey is a poignant reminder of the complexities of child stardom and the challenges that can follow.

Quick Facts

FactsDetails
Peak Earnings per Episode$100,000 on “Diff’rent Strokes”
Gary Coleman Net Worth at Time of DeathEstimated at $75,000
Financial StrugglesDue to mismanagement and legal issues
Trust Fund ValueShould have been up to $18 million
Real EstateOwned a home in Santaquin, Utah
Legal BattlesOver estate and financial mismanagement
Career BeginningsStarted acting in the late 1970s
Cultural ImpactA significant figure in American television

Who is Gary Coleman?

Gary Coleman was an American actor and comedian renowned for his role as Arnold Jackson in the popular sitcom “Diff’rent Strokes” which aired from 1978 to 1986. Born on February 8, 1968, in Zion Illinois Coleman was adopted as an infant by W.G. Coleman a pharmaceutical representative, and his wife Edmonia Sue.

Despite his small stature Coleman became the highest-paid child actor on television during the late 1970s and 1980s. His fame was so significant that he was rated first on VH1’s “100 Greatest Kid Stars.” Tragically Coleman’s life was marred by medical and legal problems and he passed away on May 28 2010 at Utah Valley Hospital in Provo Utah following a brain hemorrhage caused by a fall.

Gary Coleman Net Worth: How Much is Gary Coleman Worth?

Real Estate

Gary Coleman’s real estate holdings particularly after his death became a subject of interest and legal contention. At the time of his passing in 2010 Coleman’s assets were minimal but they included a home in Santaquin Utah. This property valued at approximately $315000 was a 4405-square-foot home outside Salt Lake City.

Following his death there was a legal battle over his estate involving his ex-wife Shannon Price and other parties. The disposition of his real estate and other assets was complicated by the lack of a clear will and the legal disputes that ensued.

Parents

Gary Coleman the celebrated child actor was adopted as an infant by W.G. Coleman a pharmaceutical representative and Edmonia Sue a nurse practitioner. Born in Zion Illinois on February 8, 1968, Gary’s adoption and upbringing by the Colemans played a significant role in his early life.

Despite achieving fame and success as an actor Gary’s relationship with his parents was complex and at times strained. This was highlighted by legal disputes including a notable lawsuit where Gary sued his parents for mismanagement of his income. The dynamics of their relationship continued to be a topic of discussion even after Gary’s untimely death in 2010.

Siblings

Information about Gary Coleman’s siblings is not widely documented or available. He was adopted by W.G. Coleman and Edmonia Sue and there is no public record or mention of him having any biological or adopted siblings.

His life story both in public and private domains primarily focuses on his individual experiences career and the challenges he faced. This lack of information about siblings suggests that he was likely an only child or that any siblings he might have had were not part of his public narrative.

Who was he Dating?

Gary Coleman’s most notable relationship was with Shannon Price whom he met in 2007 on the set of the film “Church Ball.” The couple married the same year but their relationship was tumultuous and complex. They appeared on the show “Divorce Court” in 2008 highlighting the challenges in their marriage.

Surprisingly it was later revealed that they had secretly obtained a divorce a year after their marriage. Despite the divorce, they continued to live together and Price was present during Coleman’s final days. Their relationship marked by both affection and controversy remained a topic of public interest until Coleman’s death in 2010.

Who was he Married to?

Gary Coleman’s marital life centered around his relationship with Shannon Price. The couple met in 2005 on the set of the movie “Church Ball” and got married in 2007. However, their marriage was short-lived and complex marked by a secret divorce in 2008 just a year after their wedding.

Despite the divorce Coleman and Price continued to live together and Price was a significant figure in Coleman’s life until his death in 2010. Their relationship often in the public eye was filled with both affection and controversy making it a subject of interest and speculation.

Does He Have Kids?

Gary Coleman did not have any children. Throughout his life including during his marriage to Shannon Price Coleman never had any offspring. His legacy therefore is not carried on through direct descendants but rather through his memorable work in television and film and the impact he had on popular culture.

His life marked by his iconic role in “Diff’rent Strokes” and his struggles with health and financial issues remains a significant part of entertainment history.

Career

Gary Coleman’s career was marked by his iconic role as Arnold Jackson in the sitcom “Diff’rent Strokes” which aired from 1978 to 1986. This role made him the highest-paid child actor on television during the late 1970s and 1980s. Coleman’s character known for his catchphrase “What’chu talkin’ ’bout Willis?” became a cultural phenomenon.

Beyond “Diff’rent Strokes” Coleman appeared in various other TV series including “Hello Larry” “The Facts of Life” and a guest appearance on “The Fresh Prince of Bel-Air.” Despite his early success, Coleman faced challenges in maintaining a steady acting career in his later years.

He also ventured into other professions including working as a security guard. Coleman’s career trajectory reflects the complexities and challenges faced by child actors in Hollywood.

Gary Coleman Net Worth: How Much is Gary Coleman Worth?

Age

Gary Coleman was born on February 8, 1968, in Zion Illinois. He became a prominent child actor in the late 1970s and 1980s best known for his role in the sitcom “Diff’rent Strokes.” Coleman’s age was often a topic of interest due to his small stature as a result of chronic health issues.

Despite his youthful appearance he matured into adulthood while maintaining a presence in the entertainment industry. Gary Coleman passed away on May 28, 2010, at the age of 42 leaving behind a legacy as one of television’s most memorable child stars.

Height

Gary Coleman’s height was a distinctive aspect of his appearance contributing to his unique presence on screen. He stood at 4 feet 8 inches (1.42 meters) tall. This height was a result of medical conditions he suffered from early in his life including a chronic kidney disease that affected his growth.

Despite his small stature Coleman’s talent and charisma allowed him to become one of the most memorable child actors of his time with his role in “Diff’rent Strokes” leaving a lasting impact on television history.

Ethnicity

Gary Coleman was an African-American actor best known for his role as Arnold Jackson in the sitcom “Diff’rent Strokes.” Born in Zion Illinois Coleman was adopted as an infant by W.G. Coleman and Edmonia Sue. His ethnicity played a role in his groundbreaking presence on television during a time when African-American actors were beginning to gain more prominence in mainstream media.

Coleman’s success on “Diff’rent Strokes” not only made him a household name but also helped pave the way for more diverse representation in the entertainment industry.

Nationality

Gary Coleman was an American actor and comedian. Born on February 8, 1968, in Zion Illinois Coleman rose to fame as a child actor becoming a prominent figure in American television. His role as Arnold Jackson in the sitcom “Diff’rent Strokes” not only made him a household name in the United States but also gained him international recognition.

Coleman’s nationality as an American played a part in his identity as an actor and a public figure in the entertainment industry.

FAQ’s

What was Gary Coleman net worth at the time of his passing?

His net worth was estimated to be around $75,000 at the time of his death in 2010.

How much did he earn per episode of “Diff’rent Strokes”?

Coleman is said to have earned an average of $100000 for each episode of “Diff’rent Strokes” at the height of its popularity.

What factors contributed to his financial struggles?

Financial mismanagement and legal battles significantly impacted his wealth leading to his financial struggles.

What should have been the value of his trust fund?

At one point Coleman’s trust fund should have been worth up to 18 million dollars.

Did he have any real estate investments?

Yes, he owned a home in Santaquin Utah valued at approximately $315000.

Source: Celebily.com