Joey Lawrence Net Worth

What is Joey Lawrence’s Net Worth?

Joey Lawrence, the American actor, musician, and songwriter, has a net worth of $250,000. He gained fame from his work on popular television shows like “Gimme A Break!,” “Blossom,” “Brotherly Love,” and “Melissa & Joey.” However, his net worth is lower than expected due to financial difficulties he has faced in recent years.

Joey Lawrence’s Bankruptcy Filing Reveals Repossessed Cars and High Expenses

In March 2018, Joey Lawrence filed for Chapter 7 bankruptcy and disclosed that he and his wife had three cars repossessed in the past year, including a 2014 Bentley, a 2016 BMW i8, and a 2015 Ford Flex.

According to the filing, the actor’s monthly income was $7000, while his monthly expenses totaled $25,500. The family’s assets were reported to be worth $43,000, while their debts amounted to $355,000.

Joey Lawrence’s earnings were also revealed in the filing, showing that he earned $534,000 in 2015 at the height of his show “Melissa & Joey.” However, the following year, his earnings dropped to $58,000.

Furthermore, in January 2018, Joey sold the rights to his personal LLC at auction for $56,000, which gives the buyer the rights to all his future royalties and residuals.

Early Life and Family

Joey Lawrence, born Joseph Lawrence Mignogna Jr. on April 20th, 1976 in Abington, Pennsylvania, is of Italian, Scottish, and English descent. His mother worked as an elementary school teacher and then personnel manager, and his father was an insurance broker. When he was a child, his parents changed their surname from Mignogna to Lawrence.

He has two younger brothers, Matthew Lawrence and Andrew Lawrence, who also work in the entertainment industry. Joey Lawrence attended Abington Friends School in Jenkintown, Pennsylvania.

Joey Lawrence’s Early Career

Joey Lawrence began acting at a young age, appearing in a Cracker Jack commercial and on “The Tonight Show Starring Johnny Carson” at the age of five. He had guest roles on several television shows before getting his breakout role in the NBC sitcom “Gimme A Break!” in 1983. He continued to appear in television movies and films, including “Summer Rental” and “Adventures in Babysitting.”

In 1990, Lawrence joined the cast of the NBC show “Blossom,” which ran for five seasons. During his time on the show, he took on other roles in movies such as “Radioland Murders” and “A Goofy Movie.” He also starred in the television series “Brotherly Love” alongside his brothers, which aired from 1995 to 1997. Lawrence ended the decade with a leading role in the comedy horror film “Tequila Body Shots.”

Joey Lawrence’s Career Highlights

Lawrence began the new millennium with roles in “Urban Legends: Final Cut” and “Desperate But Not Serious” before appearing in thrillers like “Do You Want To Know A Secret?” and “Pandora’s Box.” He found success on TV with “American Dreams,” “Run of The House,” and a recurring role on “Half & Half.”

In 2010, he starred in the hit ABC Family sitcom “Melissa & Joey” alongside Melissa Joan Hart, which ran for four seasons. He also had a recurring guest role on “Hawaii Five-0.”

Lawrence’s Musical Career

At the age of sixteen, Lawrence released his first album titled “Joey Lawrence,” which enjoyed commercial success with several charting songs. However, he did not make music his primary focus and instead prioritized his acting career.

Joey Lawrence’s Marriages and Divorces

Joey Lawrence was married to Michelle Vella from 2002 to 2005, before marrying Chandie Yawn-Nelson in the same year. The couple had two daughters together but filed for divorce in 2020.

Interestingly, Joey and Chandie had first met in 1993 at Disney World, when he was 16 and on vacation. They had an ice cream date and joked about getting married at the theme park. Fast forward to 2005 and they made that dream come true.

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