Kenan Thompson reflects on losing $1.5M after Nickelodeon
Ken Thomson he has fond memories of his time at Nickelodeon. However, one experience after that time still leaves a bitter taste in his mouth.
In a recent interview on ‘The Breakfast Club’, Thomson revealed the shady business his accountant was doing behind his back.
Kenan Thompson comes clean about his past financial problems
As a result Thompson lost $1.5 million of his own money.
While he was making millions of children laugh on his show, ‘Kenan and Kel,’ fans didn’t know that the actor was dealing with serious financial problems in his personal life.
“I’ve been blessed to continue working, but I had a bad accountant, and it came to light around ’99, around 2000, which was a really bad time because that’s right when that I quit my regular gig,” he said to Charlamagne and DJ Envy.
He explained how he gave his finances to an accountant who turned out to be corrupt. The Ohio mother introduced him to the accountant, who had previously helped with her taxes.
“We gave that power of attorney when we shouldn’t have. I was a child and my mother was trying to protect me,” Thompson explained. “He had helped her out of her and my father’s tax situations. So, she thought she could trust him, but she could trust him with matters of $30,0 “0 to $50,000. When it’s a million dollars on the table, you don’t know what people will turn to. And apparently, he turned into a demon. “
However, despite the bad stop, the 45-year-old did not let his spirit break. Thomson decided to continue working in the industry on a project-by-project basis.
“So, I became an adult actor for hire, and that’s hit and miss.”
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Kenan moved to LA for a fresh start
Thompson says he was thinking of settling in Atlanta, GA. But his hunger prompted his previous mistakes to move to Los Angeles.
But things were not going as well as he had hoped, the ‘Good Burger’ star revealed. He recounted how he could barely make ends meet despite how he started.
“I was still broke, like enough money for the rent kind of thing. The accountant was dirty, and in the end I didn’t let that be the end of my whole life,” he continued.
He spent years fighting his former accountant in court after the IRS came after Thompson, accusing him of failing to pay his taxes.
And while he went on to win the case, Thompson never saw a penny of the $1.5 million that disappeared from his account. But he saw the loss as a step forward to success.
He finally landed on his feet, and his perseverance led him to the doors of ‘Saturday Night Live’ in 2003. He is reported to be the longest-serving member in the history of ‘SNL’ from 2022.
In 2018, he also won an Emmy Award for Outstanding Original Score for his ‘SNL’ song, ‘Come Back, Barack.’
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