Michael Madsen Owes Quentin Tarantino $1M
You know you must be pretty good friends with someone when they will loan you $1M. Well, that is exactly what Quentin Tarantino loaned to Michael Madsen. Actually it could have been more, but that is what Michael still owed. E! obtained a copy of Michael Madsen's recent bankruptcy filing and he says he owes Q that much money. He also owes Pierce Brosnan $25,000 who must have thought Michael was probably not that great of a credit risk. Looks like Pierce was right.
So, how much does a guy like Madsen make? According to the filing he makes about $600K a year now which is substantially less than he used to make. While all of us would probably be happy with 50K a month, after you subtract all of Madsen's expense he is in the hole each month for a little over 3K. Maybe he should cut back. Just saying.
Total debt for Madsen? $3.7M. You know what I just realized? Jon & Kate make $75K an episode and TLC has a 40 episode season planned for them which would be $3M. So, despite this very long career for Madsen and being one of the best actors ever he gets $600K a year and Jon & Kate bring in $3M a year. I think it is time for Michael to go find Octo-Mom and make some money.
