Wesley Snipes

Forming a company, Amen-Ra Films, in 1991 proved that Wesley Snipes could run a business. Solidifying his love for Egyptian names and symbols, he also established a security firm called the Royal Guard of Amen-Ra, the human version of a home security system for VIPs. All these business ventures were on top of his acting projects that included The Waterdance and Blade. Snipes also appeared on a couple of music videos, alongside Michael Jackson.

One aspect of business management that the actor forgot, however, was ensuring proper and timely tax payments. When the IRS audited him, they found some anomalies. He had been earning and accumulating more than $38 million in the bank since 1999 but only started filing taxes in 2006. He was eventually penalized for it, but we hope that Snipes would be more diligent with taxes once he starts over.

Advertisement