Wally Amos Net Worth
Wally Amos Net Worth: Wally Amos is an American television personality, entrepreneur, and author who has a net worth of $20 thousand. Wally Amos was born in Tallahassee, Florida in July 1936. He is the founder of the Famous Amos chocolate chip cookie brand. Wally started cooking at a young age and developed his chocolate chip cookie recipe from his aunt. He joined the United States Air Force and after graduating from college he became the first African American talent agent for the William Morris Agency where he represented Diana Ross & the Supremes and Simon & Garfunkel. Amos set up a store in 1975 to sell his cookies in Los Angeles, California. His business got started thanks to a $25,000 loan from Marvin Gaye and Helen Reddy. In 1981 Amos appeared in an episode of the TV series Taxi. He is written nine books as well. By 1982, Famous Amos was generating $12 million in revenue. That's the same as $30 million today. Unfortunately, this would prove to be the peak of the company's success. Within a few years, sales declined and the company actually lost money. Wally sold off stakes at various times in an attempt to keep the company afloat. Amos was forced to sell the Famous Amos Company and started the new company The Uncle Noname's Cookie Company which later became Uncle Wally's Muffin Company. He hosted the TV series Learn to Read and also appeared in an episode of The Office in 2012.
Wally Amos Broke: In March 2017, Wally launched a GoFundMe to raise money to help him get back on track financially. According to the video included on the page, Wally's most recent business venture, The Cookie Kahuna, left him flat broke. He explains that he needs money to simply pay rent and afford food. The GoFundMe's goal is to raise $50,000.