Whoopi Goldberg has had a long and successful acting career. She starred in Sister Act, Ghost, and The Color Purple – which helped her become a rare EGOT winner – before entering the realm of daytime talk shows as a guest on The View. But as famous as she is, you may not know everything about the star, like the untold truth and the tragic story behind her life. You might even be surprised to find out how much money she has.
Whoopi Goldberg has a fortune of $45 million, according to Celebrity Net Worth. With a steady gig on The View these days, they say she makes $5 million a year.
However, money is not the only thing Whoopi Goldberg has. While attending Refinery’s Money Diaries29 event in September 2018, the star admitted that despite all her fame and fortune, she also has a credit card debt. A source told Page Six: “Whoopi Goldberg… she said she thought fame meant people were passing her bags full of money.” Apparently it wasn’t and that the unexpected – and unfortunate – reality is perhaps why she now feels like it’s so important to be more saver when it comes to money.
Goldberg explains how her money ‘disappeared’
Whoopi Goldberg has learned a couple of things about how to do – and lose – money. That’s why she thinks it’s so important to be smart about your finances. “Knowing what your money’s doing. There was a time when I didn’t pay attention and my money disappeared,” Whoopi Goldberg told the Black Enterprise in 2016. “You can’t assume that a company or a financial advisor has your best interests at heart.” If you’re not looking at something, then you don’t know what’s going on.” It’s also important to understand how things like taxes are affecting your money”.
“If you make a million dollars, it doesn’t mean you take home a million dollars,” she explained. “Then, for me, there are the agents, FICA, MICA, and so on. I had to learn to understand all this in the equation.” According to Whoopi Goldberg, “financial literacy is a big problem: we have not been able to accumulate wealth and we’re playing catch-up. We have to learn how these things work. Because you need a will to protect your family. What is interest? How does it affect my taxes? You really need to know what’s going on and be patient with yourself.”