Disney Channel and Nickelodeon alum Alyson Stoner was left with $0, despite 15 years appearing in millennial staples, thanks to their business team’s mismanagement of funds and their mom withdrawing “several thousand” dollars.
The 32-year-old “Step Up” actor, who uses they/them pronouns, recounts discovering the empty bank account in the new memoir, “Semi-Well-Adjusted Despite Literally Everything.”
Due in part to the overzealousness of the business team, who had a habit of overpaying and gifting more than could ultimately be afforded, the financial “death by a thousand mishaps” also occurred thanks to Stoner’s mom. The latter, per The New York Times, “had also been drawing an annual salary … plus thousands of dollars in one-off payments, for years.”
That revelation occurred in the mid-2010s, when Stoner’s account should have housed an estimated $1 million dollars.
Feeling “very protective” of their mother, Stoner never pursued legal action, instead telling The Times: “I know what it’s like to have my life exposed to the world. I don’t wish it on anyone.”
The performer-turned-mental health advocate wrote that roughly 35% of their earnings would go to commissions for their team, with “another 35%” going to taxes, Us Weekly reports.
The memoir, which also peels back the perilous curtain on child stardom, details “a partial list of expenses,” which would range anywhere from $11,725 monthly to nearly $25,000 monthly in order to cover a publicist’s retainer, a stylist and makeup team, voice lessons, dance training and costs for each audition.
Stoner also opens up in the book about coming out as queer, feeling exploited while working at The Disney Channel and entering rehab for anorexia and bulimia.
Originally Published:
