Chiranjeevi
Drake Bell Net Worth: $660 Thousand
Drake Bell, the American actor, singer, and musician, has gained a significant following over the years with his impressive talent and hard work. Drake Bell’s net worth is estimated to be around $660,000, according to various sources. The majority of his wealth comes from his acting career, where he has appeared in various TV shows and movies. He is best known for his role in the hit TV show “Drake & Josh,” which aired from 2004 to 2007.
Drake Bell House
The house is a Mediterranean-style mansion that boasts over 4,000 square feet of living space and was reportedly purchased for $2.05 million in 2010. The house features a grand entrance with a double-height ceiling and marble floors, which lead to a spacious living room with a fireplace. The dining room is also quite large and features a wall of windows that provide stunning views of the city.
The house has five bedrooms and five bathrooms, including a master suite with a walk-in closet and a luxurious bathroom. There is also a guesthouse on the property, which features a living room, a kitchenette, and a bedroom. The outdoor space is equally impressive, with a large swimming pool, a hot tub, and a spacious patio area for entertaining guests. There is also a large lawn and mature trees that provide privacy and shade.
Drake Bell Cars and Its Worth
One of Drake Bell’s most notable cars is his 1966 Lincoln Continental a classic convertible that has been fully restored to its original condition. The car is estimated to be worth around $50,000 and is one of Drake’s most prized possessions.
Another impressive car in Drake Bell’s collection is his 1966 Chevrolet C10 pickup truck which has been customized to have a modern touch. The truck is estimated to be worth around $40,000.
Drake Bell is also the proud owner of a 1965 Mustang convertible which has been fully restored and features a vibrant red paint job and a powerful engine. The car is estimated to be worth around $35,000. In addition to his vintage cars, Drake Bell also has a modern Mercedes-Benz G-Class SUV. The car is a luxury SUV that features a sleek design, advanced technology, and a powerful engine. The car is estimated to be worth around $130,000.
Drake Bell Bankruptcy
In 2014, Drake Bell filed for bankruptcy, revealing debts of nearly $600,000 to various creditors such as banks, credit card companies, and the IRS. Additionally, he owed money to his ex-wife whom he had divorced that same year.
The bankruptcy proceedings disclosed that Drake Bell’s income had significantly decreased since his “Drake & Josh” fame, with only a monthly income of around $2,800, which was insufficient to cover his expenses.
In 2016, Drake Bell agreed to a five-year repayment plan to settle the bankruptcy case. He also had to sell his home and other assets to pay off his debts.
Drake Bell’s bankruptcy story served as a reminder that even celebrities can face financial difficulties and that it is essential to manage finances wisely. Despite his financial setbacks, he continued to work in the entertainment industry, releasing new music and appearing in TV shows and movies.