Al Sharpton Net Worth
| Category | Information |
|---|---|
| Net Worth | $500 thousand |
| Salary | N/A |
| Birthdate | October 3, 1954 |
| Birthplace | Brooklyn, New York City, USA |
| Gender | Male |
| Height | N/A |
| Profession | Minister, Civil Rights Activist, Talk Show Host |
| Nationality | American |
Table of Contents
- What is Al Sharpton’s Net Worth?
- Highlights
- Early Life
- Career
- Personal Life
- Net Worth Over Time
- Components of Net Worth
- Conclusion
What is Al Sharpton’s Net Worth?
Al Sharpton, an American Baptist minister, civil rights activist, and television/radio talk show host, has a net worth of $500 thousand. Despite being an outspoken and controversial political activist in the fight against racial prejudice and injustice in America, his financial situation has been the subject of scrutiny.
Highlights
– Al Sharpton’s net worth is estimated to be $500 thousand.
– He is known for his activism in the civil rights movement.
– Sharpton has faced allegations of serious financial problems, including owing $4.5 million in state and federal back taxes.
– He refuted these claims but did not provide details on the amount paid.
Early Life
Alfred Charles Sharpton Jr. was born on October 3, 1954, in Brooklyn, New York City, to Ada and Alfred Charles Sharpton Sr. His father left the family when he was young, and his mother struggled to support them. They eventually qualified for welfare and moved to public housing projects in the Brownsville neighborhood of Brooklyn. Sharpton attended Samuel J. Tilden High School and later dropped out of Brooklyn College after two years.
At a young age, Sharpton was licensed and ordained as a Pentecostal minister by Bishop F.D. Washington. He later became a Baptist minister after being re-baptized in 1994 by the Reverend William Augustus Jones.
Career
In 1969, Jesse Jackson appointed Al Sharpton as the youth director of the New York City branch of Operation Breadbasket, an organization focused on promoting better employment opportunities for African Americans. He went on to establish the National Youth Movement in 1971 to raise resources and funds for impoverished youth.
Sharpton gained national recognition in the 1980s as an activist fighting racial prejudice. He was involved in high-profile cases such as the Tawana Brawley incident, where a teenager falsely claimed she had been abducted and raped by a group of white men. He has also been an advocate for individuals like Bernhard Goetz, Yusef Hawkins, Amaudou Diallo, Tayvon Martin, and Eric Garner, among others.
In 1991, Sharpton founded the National Action Network, an organization dedicated to voter education, support for small community businesses, and providing resources to those struggling with poverty. He has also been active in media, hosting his own radio talk show “Keepin It Real with Al Sharpton” since 2006 and hosting the MSNBC show “PoliticsNation” since 2011. He also appears as a regular contributor on the NBC morning news and talk show “Morning Joe.”
Al Sharpton is the author of three books: “Al on America,” “The Rejected Stone: Al Sharpton and the Path to American Leadership,” and “Go and Tell Pharaoh” with Nick Chiles.
Personal Life
Sharpton met his future wife Kathy Jordan, a backup singer, while touring with James Brown in 1971. They married in 1980 but separated in 2004. In 1991, Sharpton was stabbed in the chest by Michael Riccardi while preparing to lead a protest in Brooklyn. Riccardi was apprehended and convicted of first-degree assault, serving 10 years in jail.
Sharpton has also been involved in political campaigns, though without success. He has run for a United States Senate seat from New York and for Mayor of New York City. His 2004 presidential campaign faced financial issues, resulting in him agreeing to repay $100,000 of public funds received and a fine imposed on his campaign team for breaking campaign finance rules.
Net Worth Over Time
Al Sharpton’s net worth has been estimated at $500 thousand. However, his alleged financial problems, including owed back taxes, have raised questions about the accuracy of this figure. It is important to note that net worth calculations are based on publicly available information and estimates.
Components of Net Worth
Al Sharpton’s net worth consists of his assets, including any properties or investments he may own, minus his liabilities such as debts and outstanding taxes. It is unclear what specific assets or income sources contribute to his net worth.
In November 2014, a New York Times exposé claimed that Sharpton and his businesses owed $4.5 million in state and federal back taxes, with approximately $3.7 million being his personal tax debt. Sharpton refuted these claims and stated that the liens had been paid down, but did not provide detailed information or confirmations.
Conclusion
Al Sharpton, the American Baptist minister, civil rights activist, and talk show host, has a net worth of $500 thousand. Although he is widely known for his activism and controversial political views, his alleged financial problems, including tax debts, have been a subject of scrutiny. As with any net worth estimation, it is important to consider that figures are based on available information and are subject to change.
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