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REPORTER: His parents became his personal managers
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Gary

His parents becamehis personal managers and took the biggest cut, 20%

Gary • 2024
REPORTER: His parents became
his personal managers and took the biggest cut, 20%

Full Transcript

00:00:01.000 --> 00:00:03.069
REPORTER: His parents became his personal managers
00:00:03.169 --> 00:00:06.072
and took the biggest cut, 20%.
Duration
7 seconds
Views
27
Timestamp in Movie
00:41:47
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.
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.
PERILLO: Sue Coleman put her trust in people - Gary 00:07
PERILLO: Sue Coleman put her trust in people
So if they said, "This is a good investment for him - Gary 00:09
So if they said, "This is a good investment for him
RYCE: There was a series of loans and overpayments - Gary 00:11
RYCE: There was a series of loans and overpayments
"It was always a gift." - Gary 00:06
"It was always a gift."
They took money out of the blocked account - Gary 00:08
They took money out of the blocked account
And then dissolved the pension fund, - Gary 00:11
And then dissolved the pension fund,
It's a direct lift of money from Gary - Gary 00:06
It's a direct lift of money from Gary
I was not aware that money was going to be taken - Gary 00:12
I was not aware that money was going to be taken
MIAL: We went over to his parents' house together, - Gary 00:09
MIAL: We went over to his parents' house together,
It rolled right off of them like water off of a duck's back. - Gary 00:07
It rolled right off of them like water off of a duck's ...