Net Worth Ranker
What Is Corey Haim’s Net Worth?
At the time of his death in 2010, Canadian actor Corey Haim had a net worth of approximately $5,000. This figure reflected the financial difficulties he faced in the later years of his life, following a period of significant success as a teen idol in the 1980s. His earnings trajectory contrasts sharply with the substantial income he generated during his peak years, highlighting the impact of personal struggles and career challenges on his overall financial standing.
Early Life and Career Beginnings
Born on December 23, 1971, in Toronto, Ontario, Corey Haim’s introduction to the entertainment industry came somewhat unexpectedly. His mother, Judy, a data processor originally from Israel, enrolled him in drama classes, although his initial interests lay elsewhere, such as competitive ice hockey, playing the keyboard, and collecting comic books. He attended Zion Heights Junior High in North York until grade eight. He began his acting career by accompanying his sister on auditions. He secured his first role in “The Edison Twins,” which aired from 1982 to 1986. This early exposure provided him with a foundation in television acting and set the stage for his subsequent film career.
In 1984, Haim made his feature film debut in “Firstborn,” followed by supporting roles in “Secret Admirer” and “Murphy’s Romance.” His first leading role came in “Silver Bullet,” for which he earned a Young Artist Award. His breakout role occurred in the 1986 film “Lucas,” where he starred alongside Charlie Sheen, Winona Ryder, and Kerri Green. The film garnered him another nomination for a Young Artist Award. This marked a turning point in his career, establishing him as a prominent young actor in Hollywood.
Peak of Stardom and “The Two Coreys”
The year 1987 marked a significant milestone in Haim’s career with the release of “The Lost Boys,” where he co-starred with Corey Feldman. The film grossed over $32 million at the U.S. box office and became a classic. His collaboration with Feldman extended beyond “The Lost Boys,” leading to the duo becoming known as “The Two Coreys.” Haim quickly ascended to teen idol status, frequently appearing in publications like “Tiger Beat” and “Bop,” receiving over 2,000 fan letters weekly and becoming known for his lopsided smile. Though specific contract details from this period are not publicly available, it is reasonable to assume that Haim commanded substantial salaries for his film roles and related endorsements, contributing significantly to his income during the late 1980s and early 1990s.
Haim’s rise to stardom began in the 1980s as a teen idol. He became one half of “The Two Coreys” alongside Corey Feldman. He appeared in commercials and minor television roles. He landed his breakout role in the 1986 film “Lucas”. Haim went on to star in successful movies, including “The Lost Boys,” “License to Drive,” and “Dream a Little Dream,” often collaborating with Feldman. Haim’s career peaked in the late 1980s and early 1990s.
Career Decline and Financial Struggles
The 1990s brought challenges for Haim as he struggled with drug addiction and personal issues, impacting his professional life. Despite continued acting roles, his drug addiction led his manager, Brooke McCarter, to drop him. Haim acted in direct-to-video films, including one directed by Feldman, who eventually fired him due to his drug use. He filed for bankruptcy in 1997, reflecting his declining financial situation. This financial distress was exacerbated by limited film roles and auditions, leading to a period of instability and uncertainty in his career. In 2007, Haim joined Feldman in the reality show “The Two Coreys,” which depicted Haim living at Feldman’s house. Filming was halted after Feldman became frustrated with Haim’s addiction, resulting in the show’s cancellation.
In 2000, Haim attempted a return to the industry in the thriller film, “Without Malice,” but his frequent medical emergencies complicated the movie’s filming and production. In 2001, he was found unconscious and spent two weeks in the hospital. He attempted rehab over 15 times, battling an addiction to prescription drugs following numerous hospital stays. These repeated attempts at rehabilitation, while essential for his health, likely incurred significant expenses that further strained his financial resources. Despite these challenges, Haim continued to seek opportunities to revive his career, although his ability to secure substantial roles was limited.
Personal Life and Relationships
Haim dated several actresses, including Alyssa Milano from 1987 to 1990, Lala Sloatman, Nicole Eggert, Holly Fields, Cindy Guyer, and Tiffany Shepis. On “The Two Coreys,” Haim disclosed being sexually abused as a young actor on the set of “Lucas,” with allegations later involving Charlie Sheen. Feldman released a documentary called “My Truth: The Rape of 2 Coreys,” detailing traumatic events he and Haim had experienced as young actors. The personal turmoil surrounding these relationships and revelations added to the complexities of Haim’s life, diverting attention and energy from his career pursuits and potentially affecting his financial stability.
Death and Legacy
Corey Haim died on March 10, 2010, at the age of 38. His death was caused by pneumonia, with prescription drug use also contributing. Twenty doctors were subpoenaed in connection with his death, as he had been “doctor shopping” to obtain multiple prescriptions. Haim was buried in Maple, Ontario, following a private Jewish funeral ceremony. His net worth at the time of his death was approximately $5,000.
Corey Haim’s career was marked by both early success and later struggles. His financial standing, which peaked during his teen idol years, declined due to addiction and career challenges, ultimately resulting in a net worth of approximately $5,000 at the time of his death. Corey Haim’s financial story is a reflection of the challenges he faced as his career progressed, and these are the challenges that can affect any actor.
