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Mike Sorrentino Net Worth 2020

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Facts of Mike Sorrentino

Full NameMichael Sorrentino
First NameMichael
Last NameSorrentino
Birth NameMichael Sorrentino
ProfessionReality Star
NationalityAmerican
Birth CityNew Brighton, Staten Island, New York City, New York
Birth CountryUnited States
Father NameFrank Sorrentino
Mother NameLinda Sorrentino
Gender IdentityMale
Sexual OrientationStraight
HoroscopeCancer
Marital StatusMarried
SpouseLauren Sorrentino
Networth300000
Sibilings3
FilmographyJersey Shore (2009- 2012),Jersey Shore: Family Vacation (2018- Present)
EducationBrookdale Community College, Kean University, Monmouth University
Height174 cm
Networth$300 k
Facebook Profile
Twitter Profile
Insta Profile
Date of BirthJuly 4,1982
Age38 years
Married DateNovember 1,2018

Michael Sorrentino, an American reality star got wide fame & fortune shower from the reality series Jersey Shore (2009- 2012) & currently appears in Jersey Shore: Family Vacation (2018- Present).

Professional since 2009, Sorrentino, so far, records 10 acting credits & is already enjoying a hefty money shower. In 2018, after being convicted of tax evasion, the actor served 8-months in prison in 2019 & saw a massive cut-out from his fortune.

What's Michael Sorrentino's Net Worth In 2020?

According to Celebrity Net Worth, 37-year-old Michael has a net worth of $300,000 as of March 2020. 

In fact, before the tax evasion case hit him hard, the American actor had a fortune of $10 million, however, his day on court & bad investments eventually snatched out a chunk from him.

The major source of Sorrentino's wealth is acting career- notable thanks to his breakthrough in the reality series Jersey Shore (2009- 2012).

Reportedly, by the final season (Season 6) of the show, Mike aka "The Situation" earned the salary of $150,000-an-episode, totaling $1.95 million through 13 episodes that season.

Jersey Shore star Mike aka The Situation has $300,000 net worth in 2020; he made $150K per episode from the reality series
Jersey Shore star Mike aka The Situation has $300,000 net worth in 2020; he made $150K per episode from the reality series

Source: US Magazine

As for a fact, he along with Nicole Polizzi aka Snooki, and DJ Pauly D were the only to earn such a massive sum, while other co-stars got hands in the range of $40,000 to $100,000 per episode.

Sources report that, for Season 6 of Jersey Shore, the Staten Island, New York-born TV star also got $400,000 in signing bonuses & $200,000 in end-of-season bonuses.

Moreover, Mike Sorrentino took home a hefty $150,000 to appear in the Jersey Shore reunion episode.

Did you know? He was a contestant in 'Dancing with the Stars' in 2010 & placed 9th; moreover, the reality star appeared as a housemate in 'Celebrity Big Brother' in 2012 & finished 4th.

Current Career Update?

The American reality star currently appears in Jersey Shore: Family Vacation- it premiered on April 5, 2018, & totals 53 episodes from 3 seasons so far.

The series stars 8 casts (including Mike) that consist of:

  • Pauly D- $20 million net worth
     
  • Nicole Polizzi- $4 million
     
  • Jenni Farley- $4 million
  •  
  • Vinny Guadagnino- $3 million
     
  • Ronnie Ortiz-Magro- $3 million
     
  • Angelina Pivarnick- $2 million
     
  • Deena Cortese- $1 million

Earnings From Endorsements & Instagram

Aside from the TV venture, the 5 ft. 8.5 inches tall reality star gains a considerable income from endorsements as well. 

Reportedly in 2010, through endorsement deals with Devotion Vodka, Reebok & Vitamin Water, Mike collected an annual revenue of $10 million- became the 2nd highest reality star after Kim Kardashian to earn such.

Reality star Mike Sorrentino also runs a clothing line & made $5 million in 2010 from lucrative endorsement deals
Reality star Mike Sorrentino also runs a clothing line & made $5 million in 2010 from lucrative endorsement deals

Source: The Things

Moreover, he runs a clothing line called Dilligaf.

An avid user of Instagram, Mike Sorrentino has over 2.3 million followers of March 2020 & as per Influencer Marketing Hub, his Instagram account has the potential to earn him $4,625 - $7,708 per sponsored post.

Net Worth Sliced Off After Conviction Of Tax Evasion

In 2014, Mike along with his brother Marc Sorrentino was charged with tax fraud after he failed to file a tax return of 2011. The Jersey Shore star was accused of evading taxes for $8.9 million income between 2010 & 2012.

Moreover, in April 2017, Sorrentino was charged with a fraudulent tax return and the structuring of bank deposits.

Reportedly, he had fraud tax filings for his clothing line Situation Nation & even more, deposited amounts less than $10,000 in several accounts to avoid IRS' insight.

After being convicted of tax evasion of $8.9 million income & bank structuring fraud, Mike was imprisoned for 8 months in 2019
After being convicted of tax evasion of $8.9 million income & bank structuring fraud, Mike was imprisoned for 8 months in 2019

Source: The Fix

After pleading guilty to one of tax evasion on January 19, 2018, he received a sentence of 8 months in prison on October 5 that year.

On January 15, 2019, he surrendered to the Otisville Federal Correctional Institution & began serving imprisonment for 8 months until his release on September 12, 2019.

Reportedly, along with the time in prison, Mike had to pay $123,913 in restitution & $10,000 in fines. Moreover, he was ordered for 500 hours of community service.

Before the conviction in tax fraudulent case, Mike Sorrentino had a net worth of $10 million that got an instant slice to only $300,000- the reason was the payment of back taxes, legal fees & bad investments.

Bought A House In New Jersey For $1.8 Million

On November 4, 2019, Mike Sorrentino along with his wife Lauren Sorrentino bought a 4-story house in Holmdel, New Jersey for a whopping $1.825 million.

Mike Sorrentino aka The Situation & his wife Lauren
Mike Sorrentino aka The Situation & his wife Lauren

Source: Fox News

The mansion designed by award-winning architect Rui A. Ponte is spread on 9,800 sq. ft. & features 7-bedrooms & 10-bathrooms.

The couple purchased the property after 3 months of Mike's release from the prison for infamous tax evasion conviction.

Mike Sorrentino's house in Holmdel, New Jersey
Mike Sorrentino's house in Holmdel, New Jersey

Source: TMZ

Further features of the mansion include Crestron Systems for air-conditioning automation, a top-notched view of Manhattan Skyline & a garden.

Along with vaulted ceilings, Mike's property has an enormous basement, a well-maintained kitchen setup, fireplace, a hot tub & a 4-car garage.

What Cars He Drive?

The Jersey Shore star is an avid fan of luxury cars & reports a collection of expensive rides: Ferrari F-430, Lamborghini Gallardo, Bentley Continental, and Jeep Wrangler Sahara.

Short-Bio: Family & Relationship

Mike was born Michael Sorrentino on July 4, 1982, in New Brighton, Staten Island, New York City, New York. He is also famously known for his nickname "The Situation."

He 3rd child out of 4 children of Frank Sorrentino and Linda Sorrentino

The reality star grew up in Manalapan Township, New Jersey alongside 2 elder brothers: Marc & Maximo and a younger sister named Melissa.

The Manalapan High School graduate Mike Sorrentino later went to Brookdale Community College & obtained an associate degree. Thereafter, he enrolled at Kean University and Monmouth University.

Married To College Sweetheart

Mike was in a relationship with his college sweetheart Lauren Sorrentino (nee Pesce); the began dating in 2004 but broke up in 2007.

The couple reconciled later & got engaged on April 26, 2018. After 9 months of engagement, Mike and Lauren married on November 1, 2018, & are yet to share children.

Updated On Mon Mar 30 2020 Published On Mon Mar 30 2020 By CRM

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