What is Mike 'The Situation' Sorrentino's net worth? 'Jersey Shore' star owes $2.3M in unpaid taxes
The 39-year-old Jersey Shore star, Mike Sorrentino was hit with the IRS tax lien in April. His debts to the federal taxes span the course of several years from 2010 until 2016, with exception of 2014. A New Jersey clerk confirmed that this is an open and outstanding lien with the IRS totaling $2.3million. Mike's publicist, Robyn Bordes, told The Sun, “Michael Sorrentino has been working diligently to comply with his current and past tax obligations, and he will continue to do so."
The MTV star's tax troubles began in 2014 when Sorrentino was arrested with his brother Marc Sorrentino and was charged in 2014 with multiple tax offenses related to nearly $9 million in income. Sorrentino pleaded guiltily in January to one count of evading taxes on about $123,000 in income. Marc Sorrentino admitted to helping prepare a fraudulent tax return and was handed a two-year prison term with one year of supervised release in the same hearing before US District Judge Susan Wigenton.
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Whereas, the 39-year-old Mike Sorrentino was scheduled to finish his eight-month prison. He checked into prison in January 2019 and was released that September. But was on two years of probation for the crime. The terms of his probation include completing 500 hours of community service, working at least 30 hours a week, refraining from committing another federal, state, or local crime and more. His probation ended in 2021. The Sun reported exclusively that Mike paid off $337,693 in restitution for his tax evasion case on January 13 oF 2020.
What is Mike 'The Situation' Sorrentino's net worth?
Sorrentino has a net worth of $3 million dollars as per Celebrity Net Worth. At the peak of the MTV reality show "Jersey Shore" (2009–2012), Sorrentino earned a salary of $150,000 per episode and had a net worth that topped $10 million. Unfortunately, because of his several poor investments and bad decisions for not paying taxes, Sorrentino's net worth drained off to $3 million dollars.
Between 2010 and 2012 he received $8.9 million worth of income from promotional events. In November 2019, Sorrentino and his wife Lauren paid $1.8 million for a 9,800-square-foot home in Holmdel, New Jersey. The home includes seven bedrooms, ten bathrooms, an observation deck, a fireplace, a hot tub, and a courtyard. Sorrentino and Lauren welcomed their first child on May 26, 2021, after his wife suffered a devastating miscarriage in 2019.
Mike's battle with drug addiction
On January 23, 2021, the 'Jersey Shore' star took to Instagram to celebrate his five years of continuous sobriety, admitting that "he has been through some situations in life, addiction being one of them." "I have grown a lot as an individual, overcome a lot of obstacles, and one of my proudest moments so far has been celebrating 5 years of continuous sobriety this past December," he wrote in the caption. "Receiving my 5 year medallion made me feel like I won a gold medal, and it is a badge I am honored to wear!"
Sorrentino's opioid addiction began when he was in college according to the Asbury Park Press. “I didn’t realize I had an obsessive personality,” Sorrentino said in a 2018 interview with the New Jersey-based newspaper. “And everything I did had to be done to the max. And I went down this road for many years. In March 2012, Sorrentino began his treatment program to deal with his addiction issues and was taking a naltrexone shot, a once-a-month dose to block the effects of opioids.