Duane Martin Net Worth, Biography, Career, Real Estate, Bankruptcy and Divorce

Who is Duane Martin?

Duane Martin, an American actor born on August 11, 1965, in Brooklyn, New York City, , began his diverse career as a basketball player for the New York Knicks.

Although drafted as a free agent in 1989, his time with the team was brief, ending before an official game.

His entertainment career surged in the 1990s, where he established himself across film and TV with remarkable performances.

He became a fixture on various sitcoms, notably in series such as “All of Us” (2003–2007), “L.A.’s Finest,” and the iconic “The Fresh Prince of Bel-Air.” These roles significantly bolstered his reputation in 90s televisi

What is Duane Martin’s net worth?

Duane Martin, an American actor, TV personality, and real estate agent, holds a net worth of $500 thousand.

He gained recognition for his past marriage to actress Tisha Campbell and a notable bankruptcy filing in 2016.

Before their separation, both Duane and Tisha filed for bankruptcy, revealing a staggering $15.1 million debt against limited assets.

Stay tuned for further details on their financial situation.

Biography

Duane Martin, born in Brooklyn, New York, August 1965, initially pursued basketball, playing for New York University and briefly joining the NBA’s New York Knicks as an undrafted free agent in 1989.

Transitioning to acting after his NBA aspirations, he debuted on TV in 1990’s Moe’s World and entered films with White Men Can’t Jump (1992) and Above the Rim.

His credits expanded to movies like Down Periscope, Scream 2, The Faculty, Any Given Sunday, among others.

He notably appeared in music videos like Boyz II Men’s “I’ll Make Love to You.

” His TV roles encompassed shows like Out All Night, Getting Personal, All of Us, Rita Rocks, The Paul Reiser Show, and the 2013 series Real Husbands of Hollywood.

His marriage to actress Tisha Campbell-Martin, known for Martin and My Wife and Kids, produced two children. Duane’s acting garnered nominations for a Daytime Emmy, an NAACP Image Award, and two BET Comedy Awards.

Career

Martin debuted on TV in NBC’s Out All Night alongside Patti LaBelle, Vivica A. Fox, and Morris Chestnut.

His appearances expanded, featuring in Boyz II Men’s “I’ll Make Love to You” video and working alongside Vivica A. Fox and Jon Cryer in Fox’s Getting Personal.

He notably portrayed Robert James in All of Us, guest-starring on his then-wife’s sitcom Rita Rocks and as Fernando in The Paul Reiser Show.

In movies, he played memorable roles like Willie in White Men Can’t Jump (1992), Jr. Philips in The Inkwell (1994), and Kyle Lee Watson in Above the Rim (1994).

His lead role in The Seat Filler (2004) showcased him as a law student entangled in a celebrity romance.

He also portrayed himself in BET’s Real Husbands of Hollywood. In 2017, he portrayed Louil Silas, Jr. in The New Edition Story.

Bankruptcy and Divorce

On April 4, 2016, Tisha Campbell and Duane Martin filed for Chapter 7 bankruptcy, unveiling a staggering $15 million debt against their meager $313,000 in combined assets.

Their assets comprised $65,000 in real estate and $248,000 in personal belongings, with a monthly income of $7,655 and expenses reaching $16,953.

Their possessions included multiple vehicles and liabilities totaling $15,145,387, notably owing millions to creditors like Broadway Federal Bank and the City of Los Angeles, alongside substantial back taxes.

By February 2018, after 22 years, Tisha initiated divorce proceedings, citing assets worth $1.5 million but lacking steady income.

Allegations surfaced of Duane concealing finances, including an assertion of his ownership of $750,000 worth of high-value T-shirts.

The divorce concluded in December 2020, stipulating no spousal or child support.

Tisha retained a leased home and a 2020 BMW, while Duane kept a separate leased home, a Bentley, and two motorcycles.

Real Estate

In 2009, reports emerged stating that Tisha and Duane had sold a Lake Arrowhead property for $1.597 million, initially purchased at $880,000 in 2004.

Spanning 3,858 square feet, the house offered a slip dock for water access.

They also acquired a Chatsworth property for $900,000 in 2005, serving as their main residence.

However, due to Duane’s bankruptcy terms, he had to sell the Chatsworth property to settle various debts, including a $1.5 million loan from Will Smith.

Tisha intervened, aiming to prevent Duane from benefiting from the sale. She was contending that his financial situation, which led to the forced sale of their family home, should not entitle him or his family to any proceeds.

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