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Former “It’s A Different World” actor Darryl M. Bell (who played “Dwayne Wayne’s” friend, “Ron Johnson”) was once sued by his family for mismanaging his late father’s business.

In case you didn’t know, Darryl comes from a wealthy family and his father, the late Travers Bell Jr., became the first founder of a Black-owned member firm of the New York Stock Exchange in 1971. With only $175K in capital, he developed Daniels & Bell Inc., a securities firm on Wall Street that was worth nearly 15 million by the time of his passing in 1988, per ILOSM.

Travers was also a major shareholder in Freedom National Bank and Cocoline Chocolate Co. (the company that made chocolate chips for Nabisco).

When Travers passed away at the age of 46 from a heart attack, he left his multi-million dollar business to his son Darryl. However, Darryl ended up losing most of his dad’s millions due to inexperience. As such, his father’s widow and two of his aunts sued him for mishandling the funds.

A Superior Court probate judge in Morris County, N.J. eventually ruled that Bell’s lack of business skills destroyed the multimillion estate left by his father, rather than wrongdoing as charged in a lawsuit.

After it was all said and done, “Darryl’s father’s business plummeted from a net worth of $14.9 million to $1 million. The business owed several debtors, including the IRS, which had a $2.3million stake in the estate at that time,” according to the report.



(Photo Credit: YouTube)

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11 thoughts on “‘Different World’ Actor Sued By Family For Mismanaging Father’s Estate

  1. stephanie Jones on said:

    Shame, his father died so early, leaving the business to his inexperience son was a great travesty. Why didn’t his son ask for help to save the family business? sometimes pride can kill us

  2. Hey Chris, mac daddy clearly has issues with women, particularly Black women. If he’s Black, and I doubt that he is, he has probably struck out repeatedly in his life with Black women; and if he’s a white boy, he tried stepping to a sister and struck out, either way, he always wants to degrade Black women. But you know what – – – can’t do it. We are strong and we are mighty and will never be defeated. Even choosing the screen name that he did is an indication that he has to pump himself up. What an absolute loser. So mac dummy, go crawl back under whichever rock suites you – – a broken Black man or a white man loser!

  3. Chris on said:

    Hey Everyone – MacDaddy has mommy issues!!
    He hates Black women!! If you noticed his comments are always negative towards black women. Sorry you had to get off your Mama’s tit so early!! But don’t blame all Black women because you could never “close the deal”

  4. leadjustone on said:

    What a shame. Sounds like he tried to manage the estate on his own, or he had inexperienced/incompetent people helping him. Feel bad for the family.

  5. Leslie on said:

    That sentence is the ONLY reason that I came to the comment section! 😂😂😂 Thanks for clarifying it for me, because I was seriously like: “Where have I been??” LOL!

    • My Opinion on said:

      You are an asshole trying to make people believe you are Black. All you are is an inbred honkey kong, ofay paleface trying to front. Get your life jackass and get of this site.

      • Mac Daddy on said:

        We are constantly saying that we need to do for ourselves, create our own business and wealth. Here is a black man that did that successfully and it was squandered by his lazy next generation. I stand by my comment, we are a shiggidy people indeed. I’ll ignore your vulgar response, because I know that’s what black women do, when they have nothing of substance to add.

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