Steven Spielberg net worth
Number of divisions: 35
What is Steven Spielberg’s net worth?
Steven Spielberg (Steven Spielberg) is an American director, screenwriter and producer with a net worth of US$8 billion and annual revenue of US$150 million. At the time of writing, Steven’s $8 billion fortune makes him the second richest celebrity on the planet, second only to good friend and director/producer George Lucas (worth $10 billion).
Steven Spielberg’s name is synonymous with movies, and his career spans four decades. Some of his most famous movies include “Jaws”, “The Third Kind of Close Contact”, “Indiana Jones”… Honestly, even the hot list is too long.
Income and salary
For his movies, Steven often chooses a relatively low up-front salary, that is, $10 million, in exchange for the back end of the total income. One such deal in “Jurassic Park” in 1993 brought Steven $250 million in paydays. This is equivalent to approximately 360 million U.S. dollars today. He made at least $150 million from the sequel and $75 million from the third, and he didn’t even have a director.
He is known for refusing to accept the “Schindler List” salary, saying that any money he makes is “blood money.” Instead, he used all the proceeds owed to him forever to fund the 1994 USC Holocaust Foundation, which aims to commemorate and commemorate Holocaust survivors.
Universal Park/Comcast Deal
Thanks to a particularly generous deal with the film studio Universal Pictures in 1993, Steven was able to negotiate and eventually turn into a hundreds of millions of dollars in Jurassic Park. In fact, this transaction was reached with Universal’s parent company MCA. In the early 1990s, MCA went bankrupt and Spielberg’s contract was about to be renewed. Warner Bros. offered generous offers that cash can hardly match, so MCA must be creative. In the end, Spielberg successfully negotiated an agreement that allowed him to permanently obtain 2% of the total ticket sales of Universal Park every year.
Decades later, in a lawsuit between DreamWorks and Disney in 2009, the details of this arrangement were made public. Legal documents show that Steven loaned DreamWorks US$15 million to help the studio keep running. A footnote in the lawsuit details Spielberg’s $30 million in 2% transactions with Universal in recent years. Payment is called “consultation fee”.
Fast forward to 2015. At this time, the world is owned by the publicly traded Comcast. It was also at this time that Universal operated multiple theme parks around the world, all of which paid Steven as part of the ticket sales.
As part of the securities documentation on business risks and impending costs, Comcast was forced to disclose that it may owe Spielberg as much as $535 million in 2017 due to the buyout clause in the contract. When 2017 arrived, Spielberg did not initiate a buyout clause.Instead, Comcast and Spielberg reached a new agreement in which Comcast has ownership of its film studio Amblin Partners, and the deal may eventually pay US$1 billion.
Star Wars Stakes
As early as the late 1970s, in the production process that would later become “Star Wars”, writer/director/creator George Lucas was convinced that his passion project would become a huge bomb. At the same time, Spielberg was filming what would later become the “third type of intimate contact.” In a particularly weak and desperate moment, Lucas asked Spielberg if he would exchange the back end of their respective films. As Spielberg later described:
“He said,’Do you want to exchange some points? If you give me 2.5% close contact, I will give you 2.5% Star Wars.’ I said,’Of course, I would bet on this, great.’ “
Spielberg accepted. Although Close Encounters is hugely popular, with global revenues exceeding 300 million U.S. dollars, “Star Wars” will eventually continue to earn billions of dollars. In the process, Steven made (and still makes) a fortune from a movie that has nothing to do with him.
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early life
When Spielberg was a boy with great imagination and dreams, he was born humble. Steven Spielberg was born on December 18, 1946 in Cincinnati, Ohio. His mother Leah Adherer is a concert pianist, and his father Arnold Spielberg is an electrical engineer involved in computer development. Steven’s childhood was spent in Harden Heights, New Jersey and Scottsdale, Arizona. It was in Scottsdale, where the young Spielberg would create 8mm short films when he was a teenager.
At the age of 12, he filmed the wreckage of his toy Lionel train, thus making his first movie. Even at that time, Spielberg dared to charge the local children 25 cents to show them many of his epics. At the age of 13, Spielberg won an award for a 40-minute film about war, “Nowhere To Run”. At the age of 16, he produced his first feature film “Fire of Heart” and screened it in his local movie theater. This is a science fiction movie that later inspired the classic “third kind of intimate contact.” Unfortunately, his parents eventually divorced, and he moved with his father to Saratoga, California, where Steven studied and graduated from Saratoga High School.
After graduation, he applied to the School of Drama, Film and Television of the University of Southern California, but was rejected three times. Instead, he attended California State University Long Beach, where he became a member of the Theta Chi Brotherhood.
Early career
His career didn’t begin until he worked as an unpaid intern in the editorial department at Universal Studios. It was during this time that Spielberg directed a 24-minute short film “Amblin” (he eventually brought the name to his production company) that caught the attention of Sidney Shainberg, vice president of Universal Television Production. distribute. Spielberg became the youngest director ever to sign a long-term contract with a major studio. He dropped out of college for this opportunity (but then returned in 2002 to complete his bachelor’s degree in film and electronic arts, as if he needed a certificate to support the field experience!)
During his tenure as a television director, he directed episodes of Rod Sterling’s Night Gallery, Columbo and Marcus Welby MD. These adventures were so successful that he signed to shoot four TV movies. The first is the classic “Duel” in 1971. The duel was so successful that he got the job of directing the drama feature film “Sugarland Express”. The film received a lot of positive feedback.
success
It wasn’t until 1975 that Spielberg’s career took off with the success of “Jaws”. In 1975, more than 67% of Americans went to watch “Jaws”, becoming the first real blockbuster film. At that time, he rejected the proposal to make “Jaws 2”, “King Kong” and “Superman”. Instead, Steven followed the Jaws in the “third type of intimate contact” starring Richard Dreyfus (Spielberg thought he was another self). In 1981, he worked with old friends and filmmakers George Lucas Creating Raiders of the Lost Ark, the first part of the Indiana Jones series, is a greater success.
A year later, Spielberg directed ET, Aliens, a movie about a young boy and a friendly alien whom he became friends with, and he returned to the science fiction genre. ET continues to be the best-grossing film of all time and has received nine Oscar nominations. Between 1982 and 1985, Spielberg produced three amazing and widely acclaimed movies at the box office: Prank (he also co-wrote the script with others), Twilight and Fool, and he also wrote the script for these movies Based on the story, and executed the film.
Next, Spielberg directed the prequel to Indiana Jones and Temple of Doom, and once again worked with George Lucas and Harrison Ford. This movie, together with Spielberg’s Pokemon, led to the PG-13 rating. This movie is a blockbuster in 1984. In 1985, Spielberg released the Pulitzer Prize-winning novel “Purple” adapted from Alice Walker, starring Ubi Goldberg and Oprah Winfrey. This film helped Spielberg enter the drama genre. Roger Albert declared it the best film of the year and later included it in his great film archive. The film received 11 Oscar nominations. In 1987, Spielberg shot the first American movie “Empire of the Sun” in Shanghai since the 1930s. Although it did not win a considerable box office victory, it was widely acclaimed and received multiple Oscar nominations.
After two forays into more serious theatrical films, Spielberg then directed the third Indiana Jones film, “Indiana Jones and the Last Crusade” in 1989.
Steven’s career will continue to create more popular films, such as “Hooker” starring Robin Williams in 1991, AI, Minority Report and Jurassic Park, one without introduction or explanation Legendary movie. He also executed and produced the entire Men in Black series. Throughout the 2010s, he continued his theatrical works such as “War Horse”, “Spy Bridge”, “Lincoln” and “The Post”.
In addition to box office praise, he also saw praise and awards from the critics. Spielberg has won three Oscars, two of which are director awards (“Schindler’s List” in 1993 and “Saving Private Ryan” in 1998. These two films have been in the greatest film of all time. Top in the list), and the other is the Best Picture Award (Schindler’s list). His films have been nominated for Best Picture and Best Director.
In addition to his extensive and talented film career, Spielberg has also been involved in video game production for a long time: collaborating, directing, designing and screenwriting.
Steven Spielberg continued to produce, direct, produce and breathe movies.
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personal life
In 1985, Spielberg and his first wife, actress Amy Owen, gave birth to their son Max Samuel Spielberg. The couple divorced in 1989 after three and a half years of marriage. They cited the pressure of competition in their careers as the main reason for their breakup. According to reports, their divorce was the third most expensive celebrity divorce in history.
He remarried actress Kate Capshaw on October 12, 1991, and he met her when he played Indiana Jones and Temple of Doom. Capshaw converted to Spielberg’s religion-Judaism. The two and their seven children live in four different places in the world (Pacific Palisades, California, New York City, Naples, Florida, and East Hampton).
real estate
Steven and Kate own at least $200 million worth of real estate. Over the years, they have owned 1.4 acres of Malibu’s most coveted waterfront. As early as 1989, they bought the first lot of land that became their final property at a price of 3.375 million U.S. dollars. They expanded their footprint in 2002 and bought the plot next door for $3.2 million. They sold the property with 150 feet of seafront for $26 million in 2015.
Their main long-term residence, still owned today, is an incredible 5-acre multi-family home on the Pacific Fence. They also own an equestrian facility not far from home.
On the east coast, they own a 6,000 square foot New York City apartment that directly overlooks Central Park West.
In East Hampton, they own a 10-acre estate, partly on the waterfront and partly on the bay. The Spielberg compound covers 7.5 acres. In 2013, a woman named Courtney Ross put up a 5.5-acre property nearby for $75 million. Courtney is the widow of Steve Rose. Steve Rose was the chairman of Warner Communications Inc. and a long-term mentor of Steven Spielberg. Spielberg later described Rose as “I very much want my father to be.” Schindler’s list is dedicated to Steve Rose.
It may not be a coincidence that Courtney sold her property to Spielberg’s DreamWorks co-founder David Geffen for $50 million a year after going public. Two years later, Geffen sold the estate for US$67 million. Similarly, the Spielberg-Capshaw property is at least two acres larger than the previous Ross/Geffen property.
The Spielbergs own several other…
