Louis C.K. Net Worth and How Much The Sexual Misconduct Scandal Cost Him

A two-time Grammy Award winner, Louis Székely, popularly known by his stage name Louis C.K., is not only one of America’s most popular stand-up comedians but also an actor, and filmmaker. Following his successful career which began in 1984, Louis C.K. net worth grew to the point that his name became a regular on Forbes’ list of Celebrity 100 Earnings.

Meanwhile, for several years, there were media reports and rumors of Louis C.K. being involved in sexual offenses. That notwithstanding, his career continued to boom as he kept on booking lucrative comedy specials and signing TV and film deals among other things. The tide changed for the funnyman when in an interview in a September 2017 Vanity Fair magazine, his industry colleague, Tig Notaro, announced that she was breaking off all connections with C.K., asking him to clear the air with regards to the rumors of his sexual impropriety, and indirectly hinting at an incident which happened between them.

In response, Louis while speaking in an interview, dismissed the claims in a September 2017 edition of New York Times. However, the story took a different turn barely two months later when five women broke their silence in a New York Times report, accusing the comedian of sexual misconduct. This marked the beginning of the end of his career in the entertainment industry as a lot of powerful companies cut ties with him which prompted him to also take a step back from his career having accepted the accusations as true. This resulted in huge financial losses on the part of the entertainer.

It’s been a few years since the scandal and Louis is back to business but how well has his career and finances fared since his return and what is Louis C.K. net worth now? Keep reading to find out all the answers you need.

READ   The Only 6 African Americans Who Are Billionaires

How Much The Sexual Misconduct Scandal Cost Him

Almost as soon as the report of his five accusers went public, Louis C.K. was hit very hard by the consequences. The blow started coming even before the New York Times published the report on the 9th of November 2017. The said date was supposed to be a big day for the comedian with the premiere of his movie, I Love You, Daddy, in New York City but it turned out to be a day he will always remember for bad. This is because the movie distributor canceled its scheduled screening and later on the same day, reports of the five women who had found their voices to speak about his sexual sins were published.

These women include the Chicago comedy duo, Dana Min Goodman and Julia Wolov, comedian Abby Schachner, comedian Rebecca Corry, and a fifth woman, who opted to be anonymous. The accusations were hinged on C.K. masturbating in the presence of 3 of these women, masturbating alone while speaking with one on the phone, and asking for permission from a fifth to do the same in front of her. A day after the release of the article, Louise C.K. publicly acknowledged that the allegations were true and apologized for abusing the power he wielded in the industry.

Louis C.K. Net Worth
Sarah Silverman also says Louis C.K. masturbated in front of Her – VarietyImage Source

That same week, Dave Becky, C.K.’s manager, dropped him as a client and later on, The Orchard, distributor of the movie, I Love You, Daddy, which was written, directed, produced, and financed by the comedian, announced its decision not to distribute the film. His co-stars on the film also changed their minds about participating in its promotion. Additionally, Louis was also dropped by management company 3 Arts Entertainment agency and APA, the agency in charge of his tours. HBO also cut all ties with C.K. and as a result, dropped him from its upcoming special The Night of Too Many Stars. That was not all from HBO, the company also went on to remove all of his content from its on-demand library.

READ   The 25 Richest Comedians In The World And Their Net Worth
READ   Revelations About Pablo Escobar And Details About His Family

As the chain effect continued, FX and Illumination announced that they had parted ways with Louis, Netflix backed out on his second scheduled stand-up special, while TBS suspended the production of his animated series titled The Cops and later scrapped it. Disney Channel on its part removed the comedian from reruns of Gravity Falls and redubbed the voice of the character he plays with that of Alex Hirsch, creator of the series.

See Also: Sebastian Maniscalco Net Worth – What The American Comedian Earns

Louis C.K. Net Worth 

In the year leading up to the 1st of June 2017, he was listed among the highest-paid comedians on Forbes list with an earning of $52 million. However, as a result of all the blows his career received due to the companies that cut him loose, C.K’s earning took a hit and consequently, he dropped off Forbes’ list of highest-paid comedians the following year.

Although it will be difficult to ascertain the exact amount he lost, it is sure to run into millions. And with his career trying to make a rebound, the total amount of future earnings may never be as huge as it would have been had the scandal issue not come up. That notwithstanding, Louis C.K. net worth still reads in millions, approximately $35 million (£27m) according to Celebrity Net Worth.

Recommended

Donald Trump – Age, Family & Net Worth in 2020 – Biography

Donald Trump is a real estate mogul who has been in the entertainment scenes for more than a decade. Trump began surfacing on the...

A Timeline Of John Cena’s Relationships, Net Worth and Family Details

John Cena is one of the most popular WWE personalities. He is known for his incredible performances in the ring and the many achievements...

Leonardo Dicaprio – Net Worth in 2020, Age & Parents

What is Leonardo Dicaprio's net worth? Movie stars don’t come any bigger than Leonardo DiCaprio. Unarguably most famous for his portrayal of the young dashing...

Khloe Kardashian – Age, Business Earnings & Body Measurements

American Television personality and entrepreneur Khloe Kardashian has made most of her fortune from her family's reality TV show Keeping Up With The Kardashians....

Snoop Dogg – Net Worth in 2020, Family & Friendship With Martha Stewart

What is Snoop Dogg's net worth? Snoop Dogg is an American rapper, actor, entertainer, film director, and record producer, famed for his work in the...

Kendall Jenner – Net Worth, Boyfriend & Relationship With Harry Styles

What is Kendall Jenner's net worth? Kendall Jenner is one of the most famous people in the world right now. While still in her teens,...

Tyga – Net Worth in 2020, Relationship With Kylie Jenner & Blac Chyna

What is Tyga's net worth? Tyga is one of the uniquely talented rappers in the international music scene. In 2017, the star and media personality...

50 Cent – Net Worth in 2020, Music Success & Romantic Relationships

What is 50 Cent's net worth? Curtis James Jackson III, popularly known as 50 Cent, is a rapper, actor, investor, and entrepreneur. 50 Cent has...

More From Justrichest

Inside Jay Leno’s Massive Car Collection, Net Worth & Family Life

Jay Leno is without doubt, one of the finest and most mature entertainers America has ever produced. A multiple award-winning stand-up comedian, writer, TV...

12 Biggest and Most Expensive Homes of Extravagant Footballers In 2020

The huge and decent earnings of footballers grant them the audacity to exemplify lavish spending and also enable them to sustain every aspect of...

Jessica Nigri Net Worth: How Much Money Does The Cosplayer Make?

Jessica Nigri is a well-known American cosplayer. For the benefit of those who don’t know, Cosplay is derived from the words costume and play....

20 Strongest and Most Powerful Currencies in The World (Updated 2020)

According to World Atlas, there are 180 currencies in circulation that are recognized by the United Nations across the wide world and these are...

Featured Today

Puzzling Facts About Erin Lim’s Rise At E!, Her Net Worth and The Identity Of Her Boyfriend

The name Erin Lim has become so synonymous with the E! Television channel that some people actually wonder if this is the name of...

Daniel Jinich, Pati Jinich’s Husband, Biography & Net Worth

Daniel Jinich is a popular Mexican business tycoon who is married to the famous Pati Jinich, a widely known and celebrated chef and TV...

Who is Zack Snyder’s Daughter Autumn Snyder and Why Did She Commit Suicide?

It could be hard to understand why someone would ever take their own life; leaving their family and loved ones to suffer in a...

Who Is Sandra Otterson? Her Personal Wealth, Life and Quick Facts

American adult star, Sandra Otterson, currently based in Arizona, USA has is worth about $5 million. Background and Career Sandra Otterson, popular with the name ‘Wifey‘...

Related Stories