In an effort to keep the firm viable, Wally sold off interests at various points. In only a few short years, the company’s sales plummeted and it went into the red. Sadly, this would be the company’s greatest moment of success. Wally Amos was in high demand as a motivational speaker and author at this time, and he was being hired all across the country. That’s around $30 million in today’s dollars. “Latka’s Cookies” was an episode of the television show “Taxi” in which Amos featured as himself.įamous Amos made $12 million in sales in 1982. Within five years, the cookie shop and Amos became household names, and their popularity skyrocketed. In March of 1975, the first Famous Amos cookie shop debuted in Los Angeles. Marvin Gaye and Helen Reddy loaned him $25,000 to start his firm. Wally Amos opened a cookie shop in Los Angeles, California, in 1975. Amos began to recruit fresh talent and clients by giving them his baked chocolate cookies and inviting them to a meeting with him. Venus Williams Net Worth: Everything You Need to Know About Williams’ Biography, Income, and Career in 2022! CareerĪt the William Morris Agency in New York, Amos became the agency’s first African-American talent agent, representing Diana Ross & The Supremes (Sam Cooke, Marvin Gaye, and Simon & Garfunkle) and other artists.

Wally amos net worth