Randall Emmet net worth
Number of divisions: 17
What is Randall Emmett’s net worth and salary?
Randall Emmett is an American film and television producer and director with a net worth of US$500,000. Randall is the co-founder and chairman of the production company Emmett/Furla/Oasis Films (EFO Films). Emmett has more than 100 film and television works named after him. At the time of writing, Randall’s films have earned more than $1.2 billion in global box office revenue. Randall Emmett and his girlfriend Lala Kent starred in the reality show “Vanderpump Rules”, so he is widely known.
financial problem?
In mid-2021, Randall petitioned the court to reduce his monthly child support obligations to his ex-wife Amber Childers. In the legal document, Randall asked the court to terminate an order from January 2021 that required him to keep $50,000 to cover the child’s non-tuition fees. He further claimed that a relief was needed because he already owed the IRS approximately $500,000 in debt. When submitting the application, he claimed that as part of a structured payment plan, he paid IRS US$15,000 per month and American Express US$10,000. In a document, his lawyer claimed:
“If forced to continue to make these payments, Randall will fall into deeper and deeper debts and will be forced to file for bankruptcy.”
Randall explained to himself:
“I only made one movie in 2020, not a few movies in a normal year. As a result, my income has dropped drastically, and I have encountered liquidity problems.”
early life
Randall Emmett was born in Miami, Florida in March 1971. He studied at the Manhattan School of Visual Arts and then moved to Los Angeles in the mid-1990s. In Los Angeles, he quickly got an internship with producer Jerry Bruckheimer. Then, he was transferred to the talent agency International Creative Management. Through the ICM, he became friends with Mark Wahlberg, who eventually asked “Randy”—he is also known as—to be his personal assistant.
It is said that Randy was at least part of the inspiration for the character “Turtle” in the show “Entourage” produced by Wahlberg.
EFO film
In 1998, Randall launched Emmett/Furla/Oasis Films, also known as EFO Films. Furla comes from producer George Furla, a wealthy former hedge fund executive. Oasis Films is a financial holding company headquartered in Dubai.
In 2000, the company produced its first movie, the direct DVD reboot of “Escape to Grizzly Mountain”. In the same year, the company produced a live album for comedian Andrew Dice Clay. Over time, the company found a profitable model for making movies on a very low budget in distant tax-friendly countries. These movies are usually starring old action stars such as Bruce Willis, Robert De Niro, Nicholas Cage, John Travolta, Al Pacino, Steven Seagal or Sylvester Stallone, they accept high salaries with relatively few jobs. Then, the film is mainly sold through on-demand streaming services in the United States.
For example, in the Bruce Willis movie “Hard Kill” produced by EFO, Willis only appeared for seven minutes.
Valerie Macon/Getty Images
Believe it or not, as of this writing, the formula has generated more than $1.2 billion in revenue worldwide.
Some example EFO films include:
Half-dead, Wonderland, Lover, Edison, Wicker Man, 88 minutes, Looking for Linding, Rambo, Day of the Dead, Replay, Empire State, Escape Plan, 2 Guns, Lonely Survivor, Crime, Robbery, Amityville: The Awakening, Consequences and silence.
EFO also produced the 50 Cent Starz TV series “Power”, which aired for six seasons between 2014 and 2020.
personal life
Randall had previously married actress Amber Childers. Before separating in 2015, they had two children. Their divorce was finalized in December 2017. In 2018, it was revealed that Randall Emmett was dating Lala Kent, Lala Kent aka Lauren Burningham, who He is a reality star on the Bravo show Vanderpump Rules.
50 cents dispute
In April 2019, rapper 50 Cent entered a fierce social media battle with Randall and Lala. The discord began when 50 people watched Lala on TV boasting that Randall had bought her a Range Rover, and then posted an angry message to Instagram. 50 He was allegedly dissatisfied with Randall because he allegedly owed him $1 million in connection with their show Power. This discord was finally resolved behind closed doors.
Dan Bilzerian litigation
In 2013, social media star Dan Bilzerian sued EFO, claiming that the production company violated an agreement that he exchanged an investment of $1 million for the movie “Lonely Survivor” for 8 minutes of screening time. Since Dan appeared in other EFO movies, the lawsuit was cancelled and the tension eased.
