What Is Joe Francis’s Net Worth?
Joe Francis Net Worth: Most of Joe Francis’s net worth and the money he has earned comes from being a film producer. Today, Joe Francis’s net worth is estimated to be close to $50 million dollars.
Joe Francis’s salary and income per year can vary depending on multiple undertakings as a businessman.
Joe Francis Net Worth:
|Net Worth:||$50 Million|
|Real Name:||Joseph R. Francis|
|Date of Birth:||1 April 1973|
|Age, How Old:||46 Years Old|
|Place of Birth:||Atlanta, Georgia, United States|
|How Tall, Height:||6′ 2″ (1.88 m)|
|Profession:||Entrepreneur, Film Producer, |
Joe Francis is a 46-year-old American film producer from Atlanta, Georgia. The 6′ 2″ (1.88 m) tall was born on April 1, 1973.
Joe’s parents Raymond and Maria Francis moved to Newport Beach, California when he was 7 years old, he then experienced his education at the Our Lady Queen of Angels Catholic Elementary School.
Later, while living nearby Laguna Beach he attended the Laguna Beach High School and took up various jobs including working at a PC and Video store as well. He then went on to pursue Entrepreneurial Studies.
After attending the University of Southern California and the Lloyd Greif Center, he took a few courses in film and television and graduated with a Bachelor’s Degree from the USC Entrepreneurial Program in 1995.
Joe’s first job was for an event news program “Real TV’ as a production assistant and later thought off for introducing his own video footage brand ‘Banned from Television.’
In 1998, his first ‘Banned from Television‘ video was discharged which included violent events and used to showcase through infomercials. Later he found his videos too upsetting to be violent and stopped it.
He then started his next business venture called ‘Girls Gone Wild‘, inspired over footage of females undergrads blazing their breasts in an event.
In 1997, Joe started selling his productions to infomercials through the ‘Girls Gone Wild‘ franchise, it made him more than $20 million in its first two years of beginning, the videos uncovered college-girls acting wildly on camera.
Joe became romantically involved with his sweetheart Abbey Wilson, the girl who won Girls Gone Wild’s “Search for the Hottest Girl in America” contest in 2012. She becomes pregnant with Joe’s twins and on October 7, 2014, she gave birth to two girls.
What happened to Joe Francis?
Legal Issues: In 2003, Francis was arrested for racketeering, he was pleaded guilty of record-keeping violations and was fined $1.6 million.
Later he was pleaded guilty for having contraband, he served 339 days in cell and was fined for over $60,000 in fees.
In April 2007, Joe was indicted for two counts of tax evasion by the jury, he has claimed over $20 million in false deductions in 2002 and 2003.
In July 2008, he was pleaded not guilty for tax evasion by the United States District Court.
In June 2007, the former sex columnist of New York Post ‘Ashley Alexandra Dupré’ filed a lawsuit against Joe for filming her without permission, and followingly four minor girls sued ‘Girls Gone Wild‘ production for purportedly filming them.
Later, Francis was conceded to misdemeanor counts for filing a false return and bribery in Sep 2009, and on Nov 2009, U.S. District accepted Francis’s request incorporating $250,000 in compensation to the IRS.
In February 2013, the Girls Gone Wild’s parent company GGW Brands filled for bankruptcy for financial protection against Wynn Resorts who was seeking to seize the assets of the company for Francis’s gambling debts.
Francis neglected to follow terms of his bankruptcy, The U.S. District Court judge issued a warrant for Francis in May 2015, the similar time he was supposedly living in Mexico with his better half and twin daughters.
To conclude, Joe Francis’s net worth is estimated at $50 million dollars.
24th Oct 2019: Joe Francis and 20 other people at his neighbor’s house in Punta Mita were threatening to take hostages on October 16. The robbers who obtained cash tied Francis and other working staff at the house and fled the area.
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