Net Worth Ranker
What Is Angelo Pagan’s Net Worth?
Angelo Pagan, a Puerto Rican-American actor and producer, has accumulated a net worth of $10 million. This figure is based on his career in entertainment, including acting roles and production credits, as well as his business ventures. While specific details about the breakdown of his net worth between acting income, restaurant profits, and other investments are not publicly available, we can infer that it’s a combination of these sources.
Angelo Pagan’s Career and Earnings
Pagan’s acting career includes roles in films like “Swordfish” and “Almost a Woman,” as well as appearances on television shows such as “The King of Queens,” where he played a jealous boyfriend in a cameo role. Unfortunately, the exact earnings from these specific roles are not publicly disclosed. Actor’s salaries vary greatly depending on the production budget, the size of the role, and the actor’s experience and negotiation skills. Union rates provide a minimum baseline, but established actors often command significantly higher pay. The earnings from his acting roles contribute to his $10 million net worth.
Beyond acting, Angelo Pagan co-owns Vivian’s Millennium Cafe with Leah Remini’s stepfather. This Studio City diner has been a local fixture since 1963, but Angelo and his stepfather-in-law, George, elevated its popularity, turning it into a sought-after brunch spot. Specific financial details about Vivian’s Millennium Cafe are not released publicly; therefore, it is difficult to determine how much revenue the restaurant generates or the precise profit that Pagan earns. However, successful restaurants in prime locations such as Studio City can generate substantial income and contribute significantly to an owner’s net worth. It is safe to assume that his involvement in the restaurant is a major factor in his net worth.
Angelo Pagan also starred alongside Leah Remini in the TLC reality series “Leah Remini: It’s All Relative,” which premiered in 2014. Reality television can be a lucrative endeavor, with cast members earning per-episode fees, royalties, and potential bonuses based on the show’s success. Although the exact amount of his payment from “Leah Remini: It’s All Relative” is not known, participation in a successful reality show can significantly boost an entertainer’s income and exposure.
Real Estate Ventures
In 2003, Leah Remini purchased a 10,000-square-foot mansion in Studio City, California, for $3.75 million. This property, which included six bedrooms and nine bathrooms on a 1.5-acre lot, served as the family’s primary residence for many years. In September 2022, Leah and Angelo listed the home for sale with an initial asking price of nearly $13 million. They later reduced the price several times before finally selling the home in July 2024 for $9.3 million. The sale indicates a significant gain over the original purchase price; however, there are additional costs to consider, such as renovation expenses, property taxes, and realtor fees, which can reduce the overall profit. While the sale added to Angelo Pagan’s liquidity, the gain wasn’t as substantial as the initial listing price suggested.
It’s important to note that the $9.3 million from the sale of the Studio City mansion was subject to various expenses, including capital gains taxes, real estate commissions (typically around 5-6% of the sale price), and any costs associated with preparing the property for sale. For example, assuming a 5% commission, the real estate agents would have received $465,000. Capital gains taxes vary depending on the holding period and the seller’s income bracket, but they can amount to a significant percentage of the profit.
While there is no publicly available information regarding other real estate holdings held separately by Angelo Pagan, his ownership stake in the Studio City property undoubtedly played a role in his overall net worth. Real estate can be a valuable asset, but it’s important to factor in the costs and risks associated with ownership, such as maintenance expenses, property taxes, and market fluctuations. Therefore, it should be noted that owning real estate is a good way to accumulate wealth and increase Angelo Pagan’s net worth.
Personal Life and Financial Considerations
Angelo Pagan married actress Leah Remini in 2003. Remini filed for divorce in late 2024, marking a significant change in both their personal and financial lives. As part of the divorce proceedings, assets accumulated during the marriage are typically divided according to community property laws (depending on the state in which the couple resides) or through a negotiated settlement. This division can include real estate, investment accounts, business interests, and other valuable assets. The specific terms of Leah Remini and Angelo Pagan’s divorce settlement have not been made public; therefore, it is difficult to assess the impact on Angelo Pagan’s net worth with precision.
Pagan has three sons from previous relationships, in addition to his daughter Sofia Bella with Leah Remini. Child support obligations can represent a substantial expense for parents, depending on the number of children and the income levels of both parents. In California, where child support guidelines are based on a formula that takes into account income, custody arrangements, and other factors, Pagan’s child support obligations could amount to a considerable sum. These expenses would affect his overall financial standing and available net worth.
Angelo Pagan’s net worth of $10 million reflects a career built on acting, business ventures, and real estate investments. While precise details of his income streams and financial obligations remain private, the available information provides a general overview of his financial status. It’s important to note that net worth is a dynamic figure that can fluctuate over time based on market conditions, investment performance, and personal circumstances.
