What is Danny Trejo's net worth? Actor files for bankruptcy to deal with $2M personal debt

Although Danny Trejo has filed for bankruptcy, his businesses like Trejo's Donuts and Trejo's Tacos are not affected

PUBLISHED FEB 15, 2023

Danny Trejo files bankruptcy to deal with $2 million personal debt (Jon Kopaloff/Getty Images)

LOS ANGELES, CALIFORNIA: Danny Trejo has filed for bankruptcy to help deal with a $2 million tax bill. The actor reportedly filed for Chapter 11 bankruptcy on Tuesday, February 14, which mostly has to do with reorganizing his assets to help deal with the $2 million debt he owes Uncle Sam.

The 'Machete' actor claims that he was mistakenly claiming deductions over the years that caught up with him, according to a TMZ report. While Danny is personally filing for bankruptcy, his many businesses, including his record label, his coffee and donut shops, and his famed Trejo's Tacos, are not affected by this. Danny is not broke; it is just a way to help deal with his personal debt. This Chapter 11 bankruptcy is also known as 'reorganization bankruptcy', which lets a company stay active while it restructures itself.

'Inmate #1': Danny Trejo owes his first movie role to prison, boxing and substance abuse counseling

Danny Trejo attends "Clerks III" Premiere at the TCL Chinese 6 Theaters on August 24, 2022, in Los Angeles, California (Jon Kopaloff/Getty Images for Lionsgate)

What is Danny Trejo's net worth?

As of February 2023, Danny Trejo reportedly had an estimated net worth of $16 million, according to TheRichest. Danny made such a huge amount of money for himself through his various highly appreciated works in 'Heat', 'Desperado', 'Machete', 'Con Air', and 'Spy Kids'. Besides acting, the actor made most of his money from various other businesses. He has his own record label, a chain of coffee and donut shops known as Trejo's Donuts, and his most famous restaurant chain, Trejo's Tacos, which has opened in five different locations around Los Angeles.

Danny's film career

The Mexican-American actor started his early career by working for various rehabilitation and counseling programs. During this time, he met the director of the film ‘Runaway Train’ and he was hired by screenwriter Edward Bunker to train Eric Roberts for a boxing scene. Later, the film's director, Andrei Konchalovsky, offered him a small part in the project.

Actor Danny Trejo arrives at the Los Angeles screening of 'Machete' at Orpheum Theatre on August 25, 2010, in Los Angeles, California (Jason Merritt/Getty Images)

Since then, Trejo has been unstoppable. He has appeared in many Hollywood movies, including ‘Penitentiary III’, ‘The Hidden’, and ‘Death Wish 4: The Crackdown’. He also starred in movies such as ‘Bulletproof’, ‘Lock Up’, ‘Marked For Death’ and ‘Against the Wall’. Trejo was also a part of the 1995 movie ‘Heat’ where he appeared alongside Robert De Niro and Al Pacino. In 2007, Trejo was awarded Best Actor for 'Valley Angels’ and was added to the Texas Film Hall of Fame in 2012.