Duane Martin is a well-known American film and television actor. He is more famous as the husband of singer and actress Tisha Campbell-Martin, with whom he separated in 2018 after 22 long years of marriage. The couple had also pleaded bankruptcy with a debt of more than $15 million. All these controversies have generated much interest and curiosity about the couple; especially their financial status and the concern for the future of their two kids.
Read on to know more about Duane Martin, who along with his wife was one of the well-known celebrity couples, and how they lost their fortune to become bankrupt. Their Net Worth in 2018 is not something that they were used to having in the past. Here is a quick summary of Duane Martin’s net worth in 2019, career and earnings.
Duane Martin was born on August 11, 1965 in New York in the neighbourhood of Brooklyn. He studied hard since his childhood and finally graduated from the New York University. At NYU, he played basketball for NCAA Division III.
Martin never actually got to play in the National Basketball Association (NBA), although he was signed by the NBA. His contract was a non-guaranteed one and he was signed as an un-drafted free agent.
He then turned his attention to films and television as a career.
On August 17, 1996, Duane Martin married Tisha Campbell-Martin who has starred in movies like Martin and My Wife and Kids star. The couple has two sons, Xen and Ezekiel. The elder son Xen has autism. After 22 years of marriage, in February 2018, Tisha signed papers for divorce.
Duane Martin made his first appearance on TV in the NBC comedy series Out All Night. He also appeared in the music video of Boyz2Men, I’ll Make Love to You; in which he was highly appreciated.
In the popular Fox sitcom Getting Personal, he was able to get a role as a cast member. In the UPN/The CW sitcom All of Us, he played the role of TV reporter Robert James.
In 2009, in his wife Tisha’s sitcom Rita Rocks, he guest starred as Chuck. In 2011, in The Paul Reiser Show also, he guest starred as Fernando.
Duane Martin has also been appreciated in many of his film roles; such as in White Men Can’t Jump, The Inkwell, Above the Rim, and many more. He has also played the lead in the romantic comedy The Seat Filler. He has portrayed himself in the BET comedy Real Husbands of Hollywood.
Later, when the roles did not come as often as they did in the past, he became a real-estate agent.
Awards & Achievement
Duane Martin has been nominated for several awards and has also received many significant awards. Beginning with 1993, when he was nominated for Daytime Emmy Award for Outstanding Performer in a Children’s Special.
In 2004 and 2005, he was nominated for BET Comedy Awards for his comedy role in Deliver Us From Eva and All of Us.
In 2007, he was nominated for NAACP Image Award for his role in comedy series All of Us
Net worth of Duane Martin
Duane Martin has a net worth of -$15 million. Yes, you read that right. In 2018, the Net Worth of Duane Martin is negative, that is, he owes a debt of $15 million. Duane Martin had filed for bankruptcy in 2016.
Under the Chapter 7 bankruptcy filing, the Martin couple claimed $15 million in debt and that they have assets worth $313,000 only. Their assets were listed as $65,000 in real estate and personal property worth $248,000.
Their combined monthly income was stated to be $7,655 and their monthly expenses as $17,000. The vehicles owned by them were two Range Rovers, 2014 and 2016 models; one 1999 Kawasaki Drifter and a Jeep Wrangler.
Their creditors include Broadway Federal Bank for a real estate loan for a $3 million loan and $9.5 million to the City of Los Angeles.
They also owe huge tax arrears.
Duane Martin is a self-made millionaire; a talented person who made the best of his potentials. He could not get ahead in basketball, so he chose acting in TV and films. Later after a prolific acting career, he switched over his profession to real-estate broker. Although, he hit a bad patch in life with a bankruptcy and divorce; millions of his fans and well-wishers wish him the best and hope that he will bounce back.