The Situation makes even more money that YOU

Mike "The Situation" Sorrentino is estimated to make more than $5 million by the end of this year.

You read that correctly.

After bonus incentives, he makes $60,000 an episode for Jersey Shore.  He will take in more than $1 million for appearance fees.  He has endorsements with Vitamin Water and Reebok.  He just signed a $400,000 signing bonus to be the spokesperson for Devotion Vodka.  He is also in development of several products including a workout video and a line of chewable supplements.

To make it worse (or better for him)-  he also received a six-figure advance on his autobiography.

I love Jersey Shore and I find them hysterical, but this is insane!  I guess you can't hate on him- you'd do the same thing.  Shit, I would.  These guys need to strike while the iron is hot because those 15 seconds can end at any time.  I just hope that he makes wise decisions and is conscious about his money.  If not, he'll end up like MC Hammer doing bankruptcy commercials.