Corey Feldman was once one of Tinseltown’s biggest child actors, appearing in such Hollywood hits as “The Lost Boys,” “Goonies,” and “Stand By Me.” As Feldman told ABC News’ “Nightline” in 2011, he booked his first commercial at age 3. “I literally was famous before I knew my own name,” he said.
Feldman worked continually throughout his childhood, but received an epiphany at 14 that propelled him to court in order to become an emancipated minor. “I got legally emancipated by going to the [Screen Actors Guild] producers pension, health and welfare plan myself at 14 years old and saying, ‘What were my earnings, and what’s left?'” Feldman said. According to Feldman, the SAG official told him he’d earned approximately $1 million, “which is really not that much money, but in those days it was.” Of those earnings, he discovered, just $40,000 remained. Feldman, reported People, accused his parents of burning through all his hard-earned money.
“And guess what? When I went in for the emancipation trial, my father said, ‘Since I spent my time with you on your last film and took it away from my office where I should have been focused, instead I’m going to ask you for that $40,000 back as repayment for the money that I lost in my business,'” Feldman said. By 15, Feldman found himself broke and in debt as his once-hot career sputtered.
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Nicki
