Sinbad Net Worth 2014 – 2015: -$11 Million

David Adkins, better known as Sinbad is a comedian who had great success during the 1990’s, he appeared in several popular films such as First Kid, Necessary Roughness, and Jingle All The Way among several others. He also starred in TV shows and series such as “A Different World”, and he even had his own TV show on HBO called “The Sinbad Show”, which was a huge hit back in those days.

Despite having much success and making a lot of money during the 90’s, Sinbad is currently broke, in fact, he owes $11 million, mostly to the IRS. According to the Huffington Post David Adkins earns about $16,000 thousand dollars a month and owns just $131,000 in assets.

I don’t know why people keep on making the same mistakes over and over again, why don’t they just learn? Sinbad made millions of dollars during his heyday, yet he’s broke, he said that he never bought Bentleys and that he didn’t live large, “I invested in me, and in a lot of other people”, said Adkins. That was probably his biggest mistake, believing in other people’s dreams and ideas, financially speaking.

I don’t want to sound depressive or anything like that, but to be perfectly honest, that’s just something that you should never do. The worst business ventures that I’ve been involved in have never been ideas of my own, on the other hand, my most successful businesses have always been my idea, my creation. The reason why I think that this happens is probably because you put a lot more effort and love in your own ideas, than in other people’s ideas and dreams, or am I wrong?

Sinbad has filed for bankruptcy twice already, in 2009 and 2013. In 2010 he appeared in the Celebrity Apprentice, but apparently he didn’t like being on that show, because he told Oprah that he would not do it again, he didn’t want to hear Donald Trump saying “You’re Fired”, however, it did happen, and he actually had to leave right after Trump said to him “You’re fired!”.

But, how much is Sinbad really worth? Well, according to several online media outlets and magazines David Adkins has an estimated net worth of -$100 million, however, after making our own calculations and taking into account more recent information, we have to the conclusion that Sinbad has a total debt of -$11 million dollars approximately.

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