Al Pacino Net Worth - Al Pacino Hefty Amount Of Money Made In Hollywood
Al Pacino's long and successful career as an actor and director has made him a legend in Hollywood. The icon has won an Oscar, a Tony, and an Emmy, and he's been nominated for a Grammy, so he's only missing one award to become an EGOT. Pacino is best known for his roles in movies like Scarface and The Godfather series.
And, of course, Al Pacino net worthis pretty big thanks to all those years of acting.
This is what we know about how much money he has.
You may not know that he has won two Emmys, and his most recent role was in Amazon's Hunters series.
The 79-year-old actor shows no signs of slowing down after his star turn in Martin Scorsese's crime epic The Irishman.
His role in the 2019 movie The Irishman, which was nominated for an Oscar and also starred Robert De Niro and Joe Pesci, two of Hollywood's biggest stars, got him a lot of attention and high praise.
In 1972, Al made $35,000 for his part in the first Godfather.
Taking inflation into account, that is the same as about $215,000 today.
For the second Godfather, his pay went up to $500,000, which is the same as $2.6 million today.
More importantly, he got 10 percent of the film's earnings after it broke even.
This would add up to tens of millions of dollars over time as a bonus.
Al asked for $7 million plus a percentage of gross sales for the third movie.
Francis Ford Coppola refused and even threatened to not make Michael Corleone's funeral, which was the first scene of the third movie because it would cost too much.
In the end, Al took a flat $5 million.
Pacino got $1.5 million for "Glengarry Glen Ross" in 1992 and $6 million for "Carlito's Way" in 1993.
By the middle of the 1990s, he was always making $10 million or more per movie, no matter how big or small it was.
For example, he made $11 million for "S1m0ne" in 2002, which was one of his worst movies.
Al has a deal with HBO that lasts for many years and gives him a flat $10 million payment for every feature film he stars in for the network.
This deal has led to the making of three movies so far: "You Don't Know Jack," "Paterno," and "Phil Spector."
It has been rumored that Al Pacino, Robert De Niro, and Joe Pesci each earned a total of $20 million for their roles in the 2019 Netflix movie "The Irishman," which was directed by Martin Scorsese.
A little less than half of the overall budget for the movie was eaten up by just those three salaries.
Before taking into account backend royalties, it is a career-high income for all three actors.
At the moment, he splits his time between New York City and Beverly Hills, California.
Since he moved to Beverly Hills more than ten years ago, he has been living in a mansion that he leases out to other people.
Before he moved there, the late novelist Jackie Collins had lived in the house that he now calls home.
Pacino has been allowed to keep his status as a tenant despite the fact that Jackie's estate sold both the home and the house next door in 2016 for a combined total of $30 million.
Pacino has long been the owner of a sizable piece of real estate in the New York town of Palisades.
In addition, he has owned real estate in New York City at various points in time; but, in recent years, he has decided to rent rather than buy in the city.
It would appear that renting better suits Al's lifestyle!
Pacino, though, demanded $7 million upfront in addition to a share of the total profits.
The director Francis Ford Coppola declined.
He threatened to modify the script in such a way that the plot would begin with the burial sequence for Michael, rather than with the introduction to the movie.
Pacino acknowledged the offer of $5 million and accepted it.
Alex Mercer is a seasoned author and analyst specializing in wealth research, with a keen focus on evaluating the net worth of individuals across various industries. With over a decade of experience in financial analysis and wealth assessment, Alex has developed a nuanced understanding of the factors that contribute to an individual's financial status, from investments and assets to market trends and economic policies. His work involves in-depth reviews and analyses, providing insightful observations on wealth accumulation, management strategies, and the socio-economic implications of wealth distribution.
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