Randall Emmett’s 2021 Net Worth Revealed

Randall Emmett’s 2021 net worth has fans how much money he has. The director is in financial trouble. In October, leaked court documents revealed that Randall filed to reduce his child support payments. Randall is trying to avoid bankruptcy after his career took a halt due to the coronavirus pandemic.

Back in March, he filed court documents requesting a decrease in his child support payments as part of his divorce proceedings with his ex-wife Ambyr Childers. Randall claimed that his finances took a hit due to “significant debts.” Randall asked the court to remove the mandate that his bank account must be $50,000 for his children’s non-tuition expenses. He currently owes over $500,000 of debt to the IRS.

The Midnight in the Sun producer is struggling financially

Randall and Ambyr share two daughters, London Emmett, 11, and Rylee Emmett, 7. He also shares an eight-month-old daughter, Ocean Emmett, with ex-fiance Lala Kent. In the documents obtained by Page Six, Randall claims that he’s falling into debt. He also noted that his mother’s children spent the money on illegitimate expenses. The reality star says that the COVID-19 pandemic led impacted his income.

“I only produced one movie in 2020, as opposed to several as in normal years, therefore, my income has been drastically reduced and I am having liquidity issues,” Randall Emmett wrote. “As such, the continued funding of this children’s expenses account will cause me great financial hardship and force me to file for bankruptcy.”

He’s currently on a $15,000 per month payment plan with the IRS. In addition, he has to pay $10,000 a month to American Express. As a result, the Hollywood producer is having trouble keeping up with his child support payments. In October, Lala ended her relationship with Randall after he went to Nashville with two mystery women.

She filmed an Instagram Story of her assistants pushing a baby carriage in the halls of the Beverly Hills Hotel. The Vanderpump Rules star included Beyonce’s “Song” in the background. The song is about a woman who leaves a man for cheating on her. Randall has also been the center of MORE infidelity rumors in recent weeks.

Randall Emmett’s 2021 net worth

According to Celebrity Net Worth, Randall Emmett’s 2021 net worth is $500,000. Surprisingly, the film producer doesn’t make that much. Randall is the co-founder and chairman of his production company, Emmett/Furla/Oasis Films (EFO Films). The company produced the 50 Cent television show Power, which ran for six seasons from 2014 to 2020 on Starz.

While he has over 100 film and television producing credits to his name, he hasn’t made the kind of lifestyle that Lala claimed he did. She revealed that she would get lavish gifts and rides on his private jet. Regardless, Randall’s films generated over $1.2 billion at the global box office.

He became more well-known as a cast member on the Bravo show. In April 2019, 50 Cent got into a social media feud with Randall and Lala. The rapper was upset at Randall for owing him $1 million in regards to his show. Their feud was reportedly settled offline.

What are your thoughts on Randall Emmet’s 2021 net worth? Are you shocked that he doesn’t make as much as Lala used to claim? Sound off below in the comment section.