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MIAL: I became Gary's business manager
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Gary

I became Gary'sbusiness manager in late 1987

Gary • 2024
MIAL: I became Gary's
business manager in late 1987

Full Transcript

00:00:01.000 --> 00:00:03.937
MIAL: I became Gary's business manager
00:00:04.037 --> 00:00:07.741
in late 1987.
Duration
9 seconds
Views
34
Timestamp in Movie
00:40:18
Uploaded
Apr 02, 2025
Genres
documentary, biography
Production
RAW

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Movie Summary

Explores Gary Coleman's rise to fame as a child star, his struggles with living in the spotlight, financial troubles, depression, and the controversy surrounding his tragic death at age 42, providing insight into his private world.
I think even Dion was inspired to say, - Gary 00:07
I think even Dion was inspired to say,
"Why don't you move in and become his manager." - Gary 00:14
"Why don't you move in and become his manager.&quo...
I came from a family that was successful. - Gary 00:05
I came from a family that was successful.
I received the job based upon the trust - Gary 00:09
I received the job based upon the trust
That was not part of a long term plan, and it scared me out of my mind. - Gary 00:08
That was not part of a long term plan, and it scared me out ...
Maybe. Bye. - Gary 00:05
Maybe. Bye.
For two years, - Gary 00:09
For two years,
When I first met Gary, it was at an invitation, - Gary 00:15
When I first met Gary, it was at an invitation,
What we found out almost immediately was that he'd earned over $18,000,000 - Gary 00:12
What we found out almost immediately was that he'd earn...
REPORTER: His parents became his personal managers - Gary 00:07
REPORTER: His parents became his personal managers
His business manager, Anita de Thomas, was taking 5%. - Gary 00:06
His business manager, Anita de Thomas, was taking 5%.
So even before taxes, almost half of Gary Coleman's earnings were gone. - Gary 00:07
So even before taxes, almost half of Gary Coleman's ear...
RYCE: These were professional fees, which were industry standard and legal. - Gary 00:07
RYCE: These were professional fees, which were industry stan...
REPORTER: One piece was supposed to be set aside for Gary Coleman alone. - Gary 00:06
REPORTER: One piece was supposed to be set aside for Gary Co...
California law required that 25% of his income go into a blocked account. - Gary 00:07
California law required that 25% of his income go into a blo...
The blocked account is administered by the court. - Gary 00:05
The blocked account is administered by the court.
And it's supposed to just go into a standard savings account - Gary 00:10
And it's supposed to just go into a standard savings ac...
But what our investigation showed - Gary 00:17
But what our investigation showed
An office building in Denver, this strip mall in Colorado Springs, - Gary 00:09
An office building in Denver, this strip mall in Colorado Sp...
Every investment was 100% loss. All gone. - Gary 00:05
Every investment was 100% loss. All gone.