How Jim Carrey lost his $300,000,000 fortune as he makes retirement u-turn for Sonic 3

Jim Carrey is set to return to the big screen for Sonic The Hedgehog 3, despite claiming he'd retire after Sonic 2.

The actor, 62, will reprise his role as villain Dr Robotnik in the next instalment of the popular movie series.

Spoiler alert: When we last saw him, his character had fallen off a gigantic robot, leaving audiences wondering if he had survived the fall.

Safe to assume he does...

This week, the star made a tongue-in-cheek admission that he'd returned to acting because he 'needs the money'.

Which might come us a shock to some, considering he was the first actor to make $30 million from a single film for 1996’s The Cable Guy.

And with projects like Ace Ventura: Pet Detective, Dumb and Dumber and How the Grinch Stole Christmas under his belt, Carrey once had a net worth of $300 million.

But he told an AP Entertainment reporter about his Sonic return: “I came back to this universe because I get to play a genius, which is a bit of a stretch.

"And you know, I bought a lot of stuff and I need the money, frankly.”

He'd previously vowed to return to acting on one condition: only if 'the angels suddenly bring me some script written in golden ink, and I realize that it is very important for people to see it,' he told Access Hollywood.

So, what exactly has Carrey been spending his hard-earned money on?

Jim Carrey's net worth was once $300 million (Kevin Winter/Getty Images)

Well, the star's Los Angeles mansion has been on the market for almost two years, so perhaps he's wanting to make a bit more cash in the interim.

But the star's certainly not been slumming it, and has instead been living in his Maui holiday home in the meantime.

His five-bedroom, nine-bathroom 'sanctuary' was first listed for $28.9 million in February 2023, according to Realtor.com.

The price was then cut by $1.9 million to $27 million in April 2023 and reduced further to $24 million in the October.

In May, it was slashed once again to $21.9 million, knocking a total of $7 million from the original asking price.

Carrey's multi-million-dollar mansion is up for sale (Daniel Dahler/Sotheby’s International Realty)

But, having bought the property for $3.8 million in 2004, he'll be making a decent profit when it eventually does sell.

The comedian has also splashed out close to $1 million on his flashy car collection.

As per Supercarblondie, he owns a Tesla Model S, a Porsche Panamera Turbo S, 2022 Mercedes-AMG SL63 and Mercedes-Benz S-Class.

He's also enjoyed some lavish vacations, traveling to London, England and Machu Picchu, Peru, among other destinations.

Sonic The Hedgehog 3 releases in cinema on December 20.