Former Coronation Street star Adam Rickitt has revealed he only got paid £12,000 from his business last year, despite once earning £5,000 for a 30-minute appearance at a club.
Adam, 48, shot to fame playing Nick Tilsley in Coronation Street, a role he won after his first acting audition at the age of 18.
He starred in the ITV soap from 1997 to 1999 and again from 2002 to 2004, before joining the New Zealand soap Shortland Street from 2007 to 2010 and later starring as Kyle Kelly in Hollyoaks from 2017 to 2020.
During his soap break, Adam released his album Good Times as part of a six-album record deal.
His first single, I Breathe Again, reached number five in the UK, and spawned the iconic 1999 music video, where he appeared naked in a glass box while being examined by doctors.
However, the album only managed to reach number 41, and Adam was immediately dropped from his label.
Former Coronation Street star Adam Rickitt has revealed he only got paid £12,000 from his bar business last year, despite once earning £5,000 for a 30-minute appearance at a bar club. Picture with his wife Katy
Adam, 48, shot to fame playing Nick Tilsley in Coronation Street, a role he won after his first acting audition at the age of 18.
In recent years he and his wife, journalist and TV presenter Katy, have stepped away from the limelight, running a craft beer and artisan gin bar called Dexter & Jones in their hometown of Knutsford.
talking to many timesAdam revealed the couple are ‘reinvesting in the business and have put everything they have into it.’
He revealed that last year he only took ‘about £12,000 of personal allowance and then we took £36,000 in dividends to stay in the basic tax bracket.’
The salary is in stark contrast to the millions Adam earns. He was paid £3,500 for four episodes a week on Corrie, but boosted his bank balance with personal appearances at clubs, where he could be paid up to £5,000 for half an hour’s work.
During his heyday, Adam gave millions of rupees to his father when he was going through prolonged financial instability.
Adam explained, ‘He was an amazing financial wizard and an absolute genius with everyone else’s money, he had trouble with his own money.’
‘He was a big spender. Despite earning £2 million to £3 million a year he would spend all his money on stupid things and not very good investments – and then he would come and borrow money from me.’
Admitting that his father was also a ‘massive alcoholic’ Adam said he never repaid the £5.5 million he loaned him. His father died two years ago due to poverty.
During his soap break, Adam began a music career, releasing Breathe Again as part of his debut album. The song had an iconic 1999 music video in which he appeared naked in a glass box
Explaining that his tendency to hoard money is a result of seeing what happened to his father, Adam said he is now content with a simpler way of life.
‘I’m not angry because when I had money it didn’t make me happy,’ she said of lending her millions to her father. ‘I’m now happy married to the love of my life, running this place and doing pop music again.’
In 2023, Adam reveals that he was scammed out of ‘thousands of pounds’ by a clever bank fraud.
The former soap star shared that he was the victim of an elaborate push payment scam that left him feeling ‘stupid’ and embarrassed.
In a social media video, an emotional Adam explained he thinks he’s ‘savvy’ when it comes to security, but he admitted Barclays Bank’s fraud team completely let him down, commenting: ‘They knew everything about me.’
The star admitted he couldn’t even look his wife Katie in the eye after being cheated on and said that while some people might ‘laugh’ at him, he wanted to warn others from making the same mistake.
in 2024 Adam and Katie fulfill ‘lifelong dream’ Buying your ‘Home from Home’ In Sicily.
Katy recently revealed the couple – who regularly holiday in Sicily – were hoping to make the Mediterranean island a bigger part of their lives and hinted at the potential opportunity to expand their business there.