Profile
American comedian and Actor
#41 in Comedians today
As of 2024, Katt Williams has a net worth of $7 million. He was arrested in 2008 for assaulting his former girlfriend and has filed for bankruptcy twice. Legal fees and settlements have significantly reduced his net worth, according to Forbes.
Legal Troubles
Over the past fifteen years, Katt Williams has lost over $10 million on settlements, penalties, bail bonds, and lawyer fees. Let us see the detailed list of his legal troubles and how much money he paid for each of them.
| Legal Case | Year |
|---|---|
| Assault on former girlfriend | 2008 |
| Bankruptcy filing | 2009 |
| Bankruptcy filing | 2010 |
| Assaulting a Tractor Driver | 2011 |
| Assaulting a 18-year Old | 2012 |
| Child custody dispute | 2012 |
| Tax evasion charges | 2013 |
| Battery against a Restaurant Owner | 2016 |
| Assaulting a Cab Driver | 2018 |
Gambling and Lifestyle
Once a top-earning comedian with a net worth of over $10 million, Katt Williams has reportedly lost it all due to a lavish lifestyle of gambling, private jets, luxury cars, and extravagant parties.
According to sources close to the comedian, Williams’ downfall began with his love of poker. At one point he had a lot of money, close to a net worth of over $13 million but all of that went down the drain.
His gambling addiction also led him to develop a taste for other expensive vices, such as renting private jets and luxury cars. Despite his financial troubles, Williams continued to live a lavish lifestyle. He was arrested for DUI in 2011 and was later charged with tax evasion in 2013.
Bank Accounts
According to his financial records, Katt Williams has three bank accounts. He has a personal savings account at Wells Fargo with a balance of $12,000.
He has a checking account with PNC Bank for salary and business transactions, which holds $15,000. He has an investment account at TD Bank with a balance of $8,000.
Katt Williams Net Worth 2024 (Forbes)
| Net Worth | $7 Million |
| Debts | $5.9 Million |
| Annual Income | $710,000 |
| Real Estate Assets | $2 Million |
| Stock Portfolio | $1.6 Million |
| Bank Balance | $35,000 |
Spending
Katt Williams makes a lot of money from comedy and acting. But he spends a lot too. He rents luxury cars for about $500,000 a year and stays in expensive hotels, costing him $300,000 a year.
He also spends about $400,000 a year on hosting events and entertaining guests. It is apparent now that despite earning so much, why his net worth is so low.
Wife and Children
Katt Williams has never been married. He has eight children, seven of whom he adopted. He has said that he decided to adopt children after he became successful in comedy, as a way to give back to the community.
He has also said that he is a very hands-on father. Williams’ children have appeared with him on stage and in his comedy specials.