Steve Harvey may be one of the wealthiest men in entertainment today — but it wasn’t always that way.
In an interview with Earn Your Leisure, he recounted how he got into some trouble with the IRS — to the tune of over $20 million.
“My accountant died, and an accountant that worked for him called my lawyer and said, ‘we have a problem,'” he said in the interview. “She had found on the floor all my tax forms for 7 years, signed with the checks stapled to them.”
He continued: “They were cashing the checks, keeping the money, and not turning in the tax forms…. They didn’t cash it, they took the money out [of] the account that matched the exact number. ”
Steve Harvey on How he owed IRS $22 Million and how it was stolen from him in the span of 7 Years 😬💸 pic.twitter.com/e2VCTNOv1S
— raphousetv (@raphousetv2) March 16, 2022
In a separate report from Yahoo, Steve Harvey also detailed the incident.
“My old tax accountant, who passed, had done some, let’s say, not so smart things,” Steve Harvey said. “And since he’s not alive anymore, and I don’t slam people who are gone, so let’s just say some bad things were done and I looked up and I was in a lot of trouble to the tune of almost $25 million.”
According to Yahoo, this happened when he was first married to his now-wife, Marjorie. Steve Harvey claimed that he was concerned he’d be losing everything from his wife to his possessions — but fortunately for him, Marjorie was an understanding woman.
“I sat my wife down and she cried and I held her and I told her it was going to be all right; I was going to get us out,” he said.
And with that resolve, he went to work.
“I just went to work. I took every gig and every contract and I worked and worked. I hung in there and I had a big deal come through in 2012 and I got free. And it’s been OK ever since,” he said.
He’s been okay, indeed.
Here’s how much Steve Harvey is worth today.
What's Steve Harvey's net worth?
With a variety of business ventures, investments, and entertainment gigs, Steve Harvey has accrued an estimated net worth of $200 million. So, he’s a long way away from his days of owing big money to the IRS.