Redd Foxx, born John Elroy Sanford, was a pioneering American comedian and actor best known for his role as Fred G. Sanford in the television series “Sanford and Son.” Despite his significant contributions to entertainment, Foxx faced substantial financial difficulties, leading to a negative net worth at the time of his death.
Personal Details
| Full Name | John Elroy Sanford |
|---|---|
| Stage Name | Redd Foxx |
| Date of Birth | December 9, 1922 |
| Place of Birth | St. Louis, Missouri, U.S. |
| Date of Death | October 11, 1991 |
| Place of Death | Los Angeles, California, U.S. |
| Occupation | Comedian, Actor |
| Years Active | 1935–1991 |
| Notable Work | “Sanford and Son” |
Early Life & Career
Born on December 9, 1922, in St. Louis, Missouri, Foxx began his career as a stand-up comedian, gaining fame for his raunchy nightclub acts in the 1950s and 1960s. He was dubbed the “King of the Party Records” for his numerous comedy albums. His big break came with the television series “Sanford and Son,” which aired from 1972 to 1977, making him a household name.
Financial Troubles
Despite his success, Foxx encountered severe financial problems. He reportedly earned $4 million in a single year but depleted his fortune due to a lavish lifestyle and poor financial management. His financial woes were exacerbated by multiple divorces, each resulting in significant settlements. In 1983, he filed for bankruptcy, and by 1989, the IRS seized his home and personal property to cover unpaid taxes totaling $755,166.21.
Net Worth at Death
At the time of his death on October 11, 1991, Foxx’s financial situation was dire. He owed over $3.5 million in taxes, leaving him with a net worth of -$3.5 million.
Legacy
Despite his financial struggles, Redd Foxx’s impact on comedy and television remains significant. He paved the way for future generations of comedians and is remembered for his groundbreaking work in entertainment.
Conclusion
Redd Foxx was a trailblazing comedian whose influence on comedy and television remains undeniable. Despite achieving immense success with Sanford and Son and his stand-up career, financial mismanagement, legal troubles, and a lavish lifestyle led to his financial downfall. At the time of his death, he had a negative net worth of approximately -$3.5 million due to unpaid taxes and financial liabilities.