Drake Bell has long been a recognizable name in the entertainment industry. From his days on Nickelodeon to his musical pursuits, he has seen both the highs and lows of fame.
As we dive into Drake Bell net worth in 2024, it’s not just about the numbers but the stories behind them—his successes, financial hurdles, and his path to building and sometimes rebuilding his fortune.
Let’s explore how acting, music, and some financial challenges have shaped his finances and where he stands today.
Contents
- 1 Quick Facts
- 2 What is Drake Bell Net Worth in 2024?
- 3 Drake Bell Early Life
- 4 Drake Bell Finance Overview
- 4.1 How He Built His Wealth Through Acting and Television Roles
- 4.2 Music Career and Its Impact on His Finances
- 4.3 Financial Struggles and Bankruptcy Filing
- 4.4 The Influence of Legal Troubles on His Earnings
- 4.5 Key Financial Contributions from Endorsements and Philanthropy
- 4.6 Personal Life and Financial Commitments
- 4.7 Rebuilding His Financial Portfolio and Current Financial Ventures
- 5 Social Media
- 6 Drake Bell Personal Life
- 7 FAQs About Drake Bell
- 8 Conclusion
Quick Facts
FACT | DETAIL |
---|---|
Real Name | Jared Drake Bell |
Popular Name | Drake Bell |
Net Worth | $600 thousand (2024) |
Salary | N/A |
Birth Date | June 27, 1986 |
Birthplace | Newport Beach, California |
Gender | Male |
Height | 1.74 m |
Parents | Robin Dodson, Joe Bell |
Siblings | Travis Bell, Joey Bell, Kellie Bell, Robert Bell |
Marital Status | Divorced |
Wife/Spouse | Janet Von Schmeling (2018-2023) |
Dating | N/A |
Children | Jeremy Drake Bell |
Education | Orange County High School of the Arts (GED) |
Profession | Actor, Musician |
Nationality | American |
What is Drake Bell Net Worth in 2024?
In 2024, Drake Bell net worth is estimated at $600 thousand. This figure reflects the highs of his acting career and music endeavors as well as the lows of financial struggles and legal troubles. Comparatively:
- Josh Peck (Drake’s co-star from Drake & Josh): $6 million
- Miranda Cosgrove (Nickelodeon actress and Drake & Josh co-star): $8 million
- Amanda Bynes (Nickelodeon co-star): $6 million
Drake Bell Early Life
Drake Bell was born on June 27, 1986, in Newport Beach, California. Growing up, he was surrounded by a family involved in different fields.
His mother, Robin Dodson, was a former professional billiards player, and his cousin, Heath Bell, was a relief pitcher for the San Diego Padres. He was the youngest among his siblings, having three older brothers and one sister.
His parents divorced when he was just five years old. Following this, he spent much of his childhood in Orange County, California, where he pursued his education at the Orange County High School of the Arts (OCSA).
His father, Joe Bell, encouraged him to try out various activities, which eventually led him to discover his love for acting. At age five, he started his career in front of the camera, beginning with television commercials and eventually landing roles in TV shows.
Drake Bell Finance Overview
How He Built His Wealth Through Acting and Television Roles
Drake’s acting career started early, with commercials and minor roles leading to significant success as a child actor. He became widely recognized on Nickelodeon’s The Amanda Show and later secured his iconic role on Drake & Josh.
This show’s popularity cemented his status as a household name, and he earned income from its syndication, reruns, and related appearances.
Apart from his main television work, he was also involved in voice acting for Disney XD’s Ultimate Spider-Man. Such roles helped contribute to his financial growth, although they couldn’t completely secure long-term wealth.
Music Career and Its Impact on His Finances
In addition to acting, music played a pivotal role in his career. His debut album Telegraph was released independently in 2005, marking his transition from TV actor to musician.
Following its modest success, he signed with Universal Motown Records and released It’s Only Time in 2006, which saw commercial performance success, particularly in Mexico.
He continued to focus on his music, releasing Ready Steady Go! under Surfdog Records and touring internationally. While his music did not achieve widespread success in the U.S., it found a more receptive audience in Mexico, where his fan base remains strong.
However, these music ventures, although fruitful in artistic terms, didn’t always translate to consistent financial gains.
Financial Struggles and Bankruptcy Filing
Drake faced financial setbacks in 2014 when he filed for bankruptcy in California. With reported debt close to $600 thousand, including amounts owed to the IRS, this decision dramatically impacted his net worth. His Los Feliz home, purchased for over $2 million, was eventually foreclosed due to these mounting debts.
The decrease in his income also played a role. After earning around $408,000 in 2012, his income plummeted to just $14,000 the following year. This stark change illustrates the volatility in his career and the challenges in maintaining financial stability.
The Influence of Legal Troubles on His Earnings
In December 2015, he faced legal trouble due to a DUI arrest in Glendale, California. This incident affected not only his reputation but also his potential career opportunities and earnings.
Additionally, in 2021, he faced a child endangerment conviction, leading to two years of probation and 200 hours of community service. Such incidents may have contributed to a decrease in his marketability and financial opportunities.
Key Financial Contributions from Endorsements and Philanthropy
Drake’s early acting career also included commercial endorsements, such as one for Whirlpool Appliances. While his music and acting were his primary income sources, his involvement in these endorsements added to his earnings.
He is also known for his philanthropic efforts, supporting causes like The Thirst Project, which aims to address the global clean water crisis. He made public appearances and participated in charity events like Rockin A Cure for cystic fibrosis. While not direct income sources, these activities impacted his public image positively.
Personal Life and Financial Commitments
Drake’s personal life has had financial implications as well. He married Janet Von Schmeling in 2018, and they welcomed their son Wyatt Bell in 2021. However, the couple separated in 2022, and the subsequent divorce in 2023 involved financial settlements and child support commitments.
Expenses related to his lifestyle, such as property purchases and the choice to reside primarily in Mexico City from 2024, also influenced his financial standing.
Rebuilding His Financial Portfolio and Current Financial Ventures
Currently, he continues to pursue music and has released new work like Non-Stop Flight in 2024. Although his financial situation has seen ups and downs, he appears to be making efforts to stabilize and grow his career through both music and potential acting opportunities in the future.
Social Media
Instagram: https://www.instagram.com/drakebell/
Facebook: https://www.facebook.com/drakebell/
Twitter: https://x.com/drakebell
Drake Bell Personal Life
Drake Bell’s personal life has been a topic of much discussion. He was previously engaged to Paydin LoPachin, but the couple ended their relationship in 2016. In 2018, he married Janet Von Schmeling after dating for five years, and they welcomed their son, Wyatt, in 2021.
Unfortunately, their relationship faced challenges, leading to separation in 2022 and divorce in 2023.
His relationships with fellow Nickelodeon stars have been a significant part of his life. He has maintained a long friendship with Josh Peck, his Drake & Josh co-star, although they have had ups and downs over the years. These relationships have both supported and sometimes added complexity to his life and career.
FAQs About Drake Bell
What is the status of Drake Bell’s music career today?
Drake Bell continues to release music independently, including albums like Non-Stop Flight in 2024, and maintains a notable following in Mexico.
Did Drake Bell face legal troubles?
Yes, Drake Bell faced legal troubles, including a DUI arrest in 2015 and a child endangerment conviction in 2021, which affected his public image.
How did Drake Bell start his acting career?
He began his acting career at age five, appearing in commercials and on TV shows. His breakthrough role came with Nickelodeon’s The Amanda Show and later Drake & Josh.
Was Drake Bell ever married?
Yes, he was married to Janet Von Schmeling from 2018 until their divorce in 2023. They have a son named Wyatt.
What charity work is Drake Bell involved in?
Drake Bell supports the Thirst Project, which focuses on the clean water crisis, as well as events like Rockin A Cure for cystic fibrosis research.
Conclusion
Drake Bell’s financial journey has been filled with highs and lows, much like his career. For more on his story and the latest updates on other celebrities, explore Celebrities Net Worth.