How much did Martha Stewart owe in taxes?
Asked by: Carlie Zemlak | Last update: February 18, 2026Score: 4.7/5 (1 votes)
Martha Stewart owed over $220,000 in back property taxes, penalties, and interest to New York State for her East Hampton home in the early 2000s, which she disputed by claiming she didn't spend enough time there but ultimately paid after a state inquiry found she owed the taxes and penalties. This tax issue was separate from her infamous 2004 insider trading conviction, though both events led to legal trouble and public scrutiny.
Who owes the most unpaid taxes?
Professions Most at Risk of IRS Back Taxes
- 1) Hospitality and Service Workers. ...
- 2) Gig Workers and Freelancers. ...
- 3) Doctors, Lawyers, and High-Earning Professionals. ...
- 4) Small Business Owners. ...
- 5) Retirees and Distribution-Based Income Earners.
Which celebrity pays the most taxes?
From films to cricket, these icons earned massive incomes and paid crores back to the country. Amitabh Bachchan tops the list with ₹120 crore in taxes, followed by Shah Rukh Khan at ₹92 crore and Vijay Thalapathy at ₹80 crore.
Who is wealthier, Martha Stewart or Oprah Winfrey?
Oprah Winfrey is significantly richer than Martha Stewart, with Oprah's net worth estimated around $2.8 billion to $4 billion, while Martha Stewart's is estimated closer to $400-$550 million, making Oprah's wealth several times greater. Oprah's wealth comes from her extensive media empire (Harpo Productions, OWN network), while Martha built her empire with Martha Stewart Living Omnimedia, though she once briefly achieved billionaire status herself before losing it.
Who is one of the most famous tax evaders?
The most famous tax evader is widely considered to be Al Capone, the notorious Prohibition-era mob boss, who was finally convicted and imprisoned in 1931 specifically for income tax evasion, a tactic that brought down the otherwise untouchable gangster. Other well-known figures include actors like Wesley Snipes and Sophia Loren, musicians such as Willie Nelson, and business figures like Dennis Kozlowski, all brought down by the IRS for various tax crimes.
Martha Stewart Committed Tax Evasion!
How much does Beyoncé owe the IRS?
Pop superstar Beyoncé and the IRS agree that she owes $709.20 in tax and penalties instead of the nearly $2.7 million that the agency had asserted in a deficiency notice, according to a stipulated decision approved by the Tax Court . The decision document in Knowles-Carter v.
Which celebrity went to jail for not paying taxes?
Several celebrities have gone to jail for tax evasion, including actor Wesley Snipes, singer Lauryn Hill, rapper Ja Rule, Jersey Shore star Mike Sorrentino, comedian Sinbad, and reality TV stars Teresa & Joe Giudice, all serving time for failing to pay substantial amounts of taxes on their earnings.
How did Martha Stewart lose her billionaire status?
Mostly because MSLO's stock price reportedly went down to $16 a share in 2002, causing Martha to lose her billionaire status. Though according to Forbes, Martha's stock briefly improved when she was incarcerated for insider trading in 2004 (she even became a billionaire again), only to once again fall when she got out.
Is Kim Kardashian richer than Oprah?
Oprah Winfrey - $3.1 billion 2. Kim Kardashian - $1.7 billion 3.
Did Oprah donate $10 million to Maui?
Yes, Oprah Winfrey and Dwayne "The Rock" Johnson launched the People's Fund for Maui with a combined pledge of $10 million to help residents affected by the August 2023 wildfires, providing direct monthly cash payments to families who lost homes, with the fund ultimately distributing far more through public donations.
Who is famous for not paying taxes?
Al Capone. A federal grand jury indicted notorious gangster Al Capone, leader of the Chicago Outfit crime syndicate, with 22 counts of tax evasion totaling over $200,000 in 1931 (equivalent to more $3.8 million today).
How much does Kim Kardashian pay in taxes?
In total, based on Courage Campaign's own estimates, Kim Kardashian would be paying about 42% of her income in taxes, not 10.3%. The middle-class family would be paying 20%.
Who gets taxed the most in the world?
The country that has the highest taxes is the Ivory Coast (60%), according to statistics platform Data Panda's 2025 survey.
Can you legally refuse to pay taxes?
No, you generally cannot legally choose not to pay taxes if you meet the filing requirements, as the obligation to pay is mandatory under U.S. law, but you can legally reduce your tax burden through deductions, credits, and living below the filing threshold; however, intentionally evading taxes is a crime with severe penalties, including fines and imprisonment, while making frivolous legal arguments against paying taxes is also prosecuted.
How much an hour is $70,000 a year after taxes?
$70,000 a year is about $33.65 per hour before taxes, but after federal, state (varies), FICA, and potential deductions (like 401k, insurance), your take-home hourly pay could be closer to $21-$27 per hour, depending heavily on your location and withholdings, with estimates suggesting annual take-home of $43,500 to $52,000.
Which billionaire doesn't pay taxes?
In fact, the list of billionaires paying $0 in income tax reads like a who's-who of the world's most famous executives. Amazon CEO Jeff Bezos and Tesla CEO Elon Musk, for example, are the two wealthiest people in the world, according to the Forbes Billionaires' List.
Who is richer, Beyoncé or Kim?
Forbes' latest list of America's Richest Women Celebrities features Oprah Winfrey at the top with a net worth of $3.1 billion, followed by Kim Kardashian at $1.7 billion and Taylor Swift at $1.6 billion. Rihanna's fortune dropped to $1 billion, while Beyoncé's wealth increased to $780 million.
Who has more money, Martha Stewart or Oprah Winfrey?
Oprah Winfrey is significantly richer than Martha Stewart, with Oprah's net worth estimated around $2.8 billion to $4 billion, while Martha Stewart's is estimated closer to $400-$550 million, making Oprah's wealth several times greater. Oprah's wealth comes from her extensive media empire (Harpo Productions, OWN network), while Martha built her empire with Martha Stewart Living Omnimedia, though she once briefly achieved billionaire status herself before losing it.
What condition does Martha Stewart have?
There isn't one single "wrong" thing with Martha Stewart, but recent discussions highlight her autoimmune skin condition, vitiligo, which she attributes to stress from her 1990 divorce, though she also deals with common issues like insomnia and has faced past controversies like insider trading. She's been open about her skin condition, seeing white patches develop, and even embraces aging with cosmetic treatments for skin tightening, while maintaining a rigorous work ethic.
What kind of car does Martha Stewart drive?
Martha Stewart Enjoys The New Mercedes-Maybach EQS SUV. A lifestyle icon meets Maybach luxury.
How many houses does Martha Stewart have?
Martha Stewart has "shaped how multiple generations understand quality, taste, and home," says O'Brien. "All four homes—Bedford, Lily Pond, Skylands, and Perry Street—were shaped under her direct creative direction.
Who is a famous tax evader?
Al Capone is likely the most notorious tax evader in history. Although well-known as the king of Chicago gangsters, the federal government couldn't put together any criminal charges that would stick until they nailed Capone for failing to pay taxes.
Has Nicolas Cage paid off his taxes?
Ouch! It may seem like a lot of cash to pay up (well, because it is), but that's a long way from where the actor started. In April, Cage plunked down $6.25 million to help pay off the massive back taxes he owed the IRS, according to documents obtained by E! News. The payment covered taxes owed on his 2007 earnings.
Which stars have no income tax?
Eight U.S. states currently have no state income tax whatsoever: Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington and Wyoming.