Martin Scorsese Net Worth
Martin Scorsese has an estimated net worth of $200 million. Director Martin Scorsese has produced some of the most memorable films in cinema history, including ‘Taxi Driver’ and Academy Award-winning ‘The Departed.’ He earns most of his income from film production.
Martin Scorsese is widely regarded as one of the most important directors of all time for his gritty, meticulous filmmaking style. Scorsese’s interest in film began when he was an 8-year-old, pint-sized filmmaker. He finished his first feature-length film, Who’s That Knocking at My Door?, in 1968, but it wasn’t until he released Taxi Driver nearly ten years later that he shot to fame for his raw storytelling formula. He demonstrated that the film was not a fluke with a string of hits that included Raging Bull, Goodfellas, The Departed, Hugo, and The Irishman.
To calculate the net worth of Martin Scorsese, subtract all his liabilities from his total assets. Investments, savings, cash deposits, and any equity he has in a house, car, or other similar asset are included in the total assets. All debts, such as personal loans and mortgages, are included in total liabilities.
Here’s the breakdown of his net worth:
|Net Worth:||$200 Million|
|Monthly Salary:||$1 Million|
|Annual Income:||$20 Million|
|Source of Wealth:||Film Producer, Actor, Film director, Screenwriter, Television producer, Television Director, Film Editor, Film Historian|
Martin Charles Scorsese was born in Flushing, New York on November 17, 1942. Scorsese was raised in Manhattan’s Little Italy district by Italian American parents and later described his neighborhood as “like a village in Sicily.” Scorsese’s parents, Charles and Catherine, both worked as part-time actors, laying the groundwork for their son’s love of film.
Scorsese’s childhood activities were limited due to his severe asthma; rather than playing sports, he spent much of his time in front of the television or at the movie theater, where he fell in love with stories about the Italian experience and films by director Michael Powell. Scorsese was already drawing his own storyboards at the age of eight, often with the line “Directed and Produced by Martin Scorsese.”
Scorsese was raised as a devout Catholic and considered becoming a priest before deciding to pursue a career in filmmaking. Despite the fact that his parents “didn’t get” his obsession with movies, Scorsese felt he was on the right track when a 10-minute comedy short earned him a $500 scholarship to New York University.
‘Who’s That Knocking at My Door?’
Scorsese briefly worked as a film instructor at NYU after receiving his MFA in film directing in 1966. Jonathan Kaplan and Oliver Stone were among his students. Scorsese finished his first feature-length film, Who’s That Knocking at My Door?, in 1968. While working on that project, he met Harvey Keitel, who he would cast in many future projects, as well as Thelma Schoonmaker, an editor with whom he would work for over 50 years.
Scorsese directed Mean Streets in 1973, his first film that was widely regarded as a masterpiece. The film featured elements that have since become trademarks of Scorsese’s filmmaking, including dark themes, unsympathetic lead characters, religion, the Mafia, unusual camera techniques, and contemporary music. Mean Streets also introduced Scorsese to Robert De Niro, launching one of Hollywood’s most dynamic filmmaking collaborations.
Scorsese directed hard-hitting films that helped define a generation of cinema in the 1970s and 1980s. Taxi Driver, his gritty 1976 masterpiece, won the Palme d’Or at the Cannes Film Festival and cemented De Niro’s status as a movie legend. It also appears to have inspired an unstable John Hinckley to try to assassinate President Ronald Reagan five years later. “I never imagined there was a connection with the film,” Scorsese later recalled. “It turned out that my limo driver was also an FBI agent.”
Raging Bull, based on the life of troubled boxer Jake LaMotta, was another Oscar winner for Scorsese and De Niro. Scorsese decided to “pull out all the stops and then find a new career” knowing it would be his final feature film. Despite mixed reactions due to the film’s violent nature, Raging Bull is now widely regarded as one of the greatest films of all time.
Scorsese continued to make films through the 1980s, directing his first huge box-office success, The Color of Money, in 1986, after abandoning thoughts of leaving the industry.
‘GoodFellas’ and ‘Casino’
Two of Scorsese’s most important Mafia films were released in the 1990s: GoodFellas, a 1990 film based on the life of former gangster Henry Hill, and Casino, a 1995 film about the rise and fall of the gambling underworld during the 1970s. Although Scorsese joked that he should make “another film about Italian Americans who aren’t gangsters,” he also stated that “there is no such thing as pointless violence” on film. “Deep down, you want to believe that people are really good—but reality trumps that.”
‘The Last Waltz’
Scorsese once stated in an American Express print advertisement that his “wildest dream” was to write music. While he is unlikely to become a rock star or conduct an orchestra, he has made a name for himself in the music industry through his filmmaking abilities. Scorsese made the acclaimed documentary The Last Waltz in 1978, showcasing The Band’s farewell performance, with guest appearances by Van Morrison, Bob Dylan, and Muddy Waters. The Last Waltz was spoofed in Rob Reiner’s landmark 1984 mockumentary, This Is Spinal Tap, in addition to being hailed as one of the greatest concert films of all time.
‘The Blues,’ ‘No Direction Home’ and ‘Shine a Light’
Scorsese has renewed his on-screen exploration of his musical passions since the turn of the millennium. In 2003, he completed The Blues, a seven-part documentary series for which he received two Grammy nominations. No Direction Home, his Bob Dylan documentary, aired on PBS as part of the American Masters series two years later. Scorsese directed the Rolling Stones documentary Shine a Light in 2008, using archive footage from a 2006 concert.
Movies With Leonardo DiCaprio
‘The Aviator’ and ‘The Departed’
In the last two decades, Scorsese’s feature films have also enjoyed a resurgence. Leonardo DiCaprio became Scorsese’s favorite leading man, starring in Gangs of New York (2002), The Aviator (2004), The Departed (2006) – which earned Scorsese his first Oscar for Best Director – and Shutter Island (2010).
‘The Wolf of Wall Street’
Many have drawn parallels between the pair’s film dynamic and Scorsese’s previous partnership with De Niro—and audiences aren’t the only ones who are grateful. “He saved my life,” DiCaprio explained. “I was on my way to becoming one type of actor, and he helped me become another. The one I aspired to be.” Scorsese collaborated with DiCaprio once more in The Wolf of Wall Street (2013), earning the legendary director yet another Oscar nomination.
More Screen Successes
In 2011, Scorsese released his first film shot in 3D, the fantasy-adventure epic Hugo. Although the film was not a huge box office success, it wowed critics and received 11 Academy Award nominations and a Golden Globe for Best Director. It was followed by the highly acclaimed historical drama Silence (2016).
Scorsese rekindled his screen partnership with De Niro—along with other old collaborators like Keitel and Joe Pesci—for the Netflix feature The Irishman, based on the confession of hitman Frank Sheeran’s alleged murder of union boss Jimmy Hoffa. The project reportedly exceeded Netflix’s budget, with production costs exceeding $150 million, owing in part to the costly special effects used to de-age many of its actors, despite the fact that the final product was widely praised.
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