Steven Spielberg is the Richest Director in Hollywood, But Not Due to Films We Know Of
Because stars appear on the big screen, we tend to think that they are the only ones who make good money out of a blockbuster film.
However, what some of us fail to realize is that the director also goes home with a massive paycheck, which explains why some of them are worth billions, like highly acclaimed Steven Spielberg, one of the richest filmmakers.
His career spans over five decades and in those years, he has brought us some of the most memorable and mind-boggling films. Despite being a big name in the filmmaking industry, others have yet to know about his life.
Steven has made over 100 movies and raked in more than $25 million at the box office, which is why it isn’t surprising to know that his estimated net worth is between $3.6 billion and $6.18 billion.
He also amassed money from his production company, DreamWorks Studios, which he founded with David Geffen and Jeffrey Katzenberg in 1994.
NBC’s acquired the studio, which means Steven got a chunk of that sale. He is also a consultant for Universal theme parks.
Who Is Steven Spielberg?
The man’s fondness of films started when he was young, making horror movies with his sisters. The Cincinnati, Ohio-born director tried to enter the University of Southern California School of Cinema Arts twice but failed, so he went to California State University, Long Beach instead.
Even though he dropped out of school, he came back to finish his bachelor’s degree in 2002 — a time when he is prominent already. Steven immediately became a fixture in the industry after Jaws came out in 1975, making $60 million in its first month.
Some of his blockbuster films are E.T.: Extra-Terrestrial, Schindler’s List, and Jurassic Park. Steve won an Academy Award for Saving Private Ryan.
Unsurprisingly, Steven met his wife, Kate Capshaw, on the set of a film he helmed — Indiana Jones and The Temple of Doom, 1984’s highest-grossing movie. They tied the knot in 1991 and went on to welcome two children, adopted two, and raised two from previous relationships.
The couple lives in a posh neighborhood in Pacific Palisades. They have been staying at a stucco house that they bought in the late ’90s, but don’t underestimate the pair as they are known for their real estate portfolio.
Steven himself loves traveling aboard his private yacht — he had visited Hawaii, Shanghai, and Italy. He was also spotted driving around Los Angeles in a Tesla Model S.
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