Steven Spielberg Net Worth
Steven Spielberg has an estimated net worth of $8 billion. Academy Award-winning director, screenwriter and producer Steven Spielberg is known for films such as ‘Jaws,’ ‘E.T.,’ ‘The Color Purple’ and ‘Schindler’s List,’ among many others. He earns most of his income from film production.
As a child, Steven Spielberg dabbled in filmmaking. He went on to become the hugely successful and Oscar-winning director of films such as Schindler’s List, The Color Purple, E.T.: The Extra-Terrestrial, Saving Private Ryan, Catch Me If You Can, Lincoln, and Bridge of Spies. He co-founded Dreamworks SKG in 1994, which was purchased by Paramount Pictures in 2005.
To calculate the net worth of Steven Spielberg, 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:||$8 Billion|
|Monthly Income:||$10 Million|
|Annual Salary:||$150 Million per year|
|Source of Wealth:||Film Producer, Film director, Screenwriter, Entrepreneur, Television producer, Actor, Film Editor, Television Director, Businessperson|
Spielberg was born in Cincinnati, Ohio, on December 18, 1946. Spielberg moved around a lot as a kid and spent some time in Arizona. In the late 1960s, he was one of Universal’s youngest television directors. Duel (1972), a critically acclaimed television film, gave him the opportunity to direct for the big screen, and a long string of hits has made him the most commercially successful director of all time.
‘Jaws,’ ‘The Color Purple’ and ‘Schindler’s List’
Spielberg’s films have explored primal fears, as in Jaws (1975), or expressed childlike wonder at the wonders of this world and beyond, as in Close Encounters of the Third Kind (1977) and E.T. (1982). He also tackled literary adaptations, such as The Color Purple (1985) and Empire of the Sun (1987). And audiences around the world have been captivated by the continued adventures of his daring hero Indiana Jones in films such as Raiders of the Lost Ark (1981) and Indiana Jones and the Temple of Doom (1984). Fantasy dominates in Spielberg’s Peter Pan-inspired Hook (1991), while Jurassic Park (1993) and its sequel The Lost World: Jurassic Park (1997) rely on traditional action and monster horror sequences.
Spielberg is also known for his impressive historical films. The Holocaust drama Schindler’s List (1993), starring Liam Neeson as a businessman who rescues Jewish citizens, won seven Oscars, including Spielberg’s first award for best director.
In 1998, he again took on World War II, this time from the perspective of American soldiers in Europe in Saving Private Ryan (1998), which earned him another Oscar for Best Director. His first film company, Amblin Entertainment, founded in 1982, produced several other successful films, notably Back to the Future (1985) and its two sequels, as well as Who Framed Roger Rabbit (1988).
Dreamworks and Sci-Fi Adventures
In 1994, Spielberg formed a new studio, Dreamworks SKG, with Jeffrey Katzenberg and David Geffen. (It was later bought out by Paramount Pictures in 2005.) In 2001, he completed the science fiction film AI: Artificial Intelligence, a project begun by Stanley Kubrick. His later films include the science fiction adventure Minority Report (2002) and the Academy Award-nominated film Munich (2005). He also served as producer for the Clint Eastwood-directed WWII films Flags of Our Fathers (2006) and Letters from Iwo Jima (2006).
Spielberg collaborated with George Lucas again in 2008 for the final installment of the Indiana Jones saga. Spielberg directed the film, in which Harrison Ford reprised his role as the famous adventurer in Indiana Jones and the Kingdom of the Crystal Skull. Spielberg also directed the 2011 animated film The Adventures of Tintin, based on the popular comic book series by Hergé. However, his film adaptation of War Horse (2011) earned the greatest critical acclaim. The film was nominated for six Oscars.
In November 2012, Spielberg debuted another legendary film project, Lincoln, in which he directed Daniel Day-Lewis’ biopic about President Abraham Lincoln. Joseph Gordon-Levitt played the son Robert and Sally Field the wife Mary Todd Lincoln in a highly anticipated and much discussed drama that was eventually nominated for 12 Oscars and won two of them. In addition to his work as a director, Spielberg has also worked as an executive producer on numerous projects. He has helped bring television series such as Terra Nova, Smash, Falling Skies and Extant to the screen.
Spielberg also served as executive producer for 2015’s record-breaking blockbuster Jurassic World, and later that year released another directorial project, the Oscar-nominated Cold War thriller Bridge of Spies starring Tom Hanks. The two had previously collaborated on such projects as Catch Me If You Can (2002) and The Terminal (2004), as well as Saving Private Ryan.
‘The Post’ and ‘Ready Player One’
Spielberg recast Hanks with a leading role in The Post (2017), bringing him to the screen for the first time with acclaimed actress Meryl Streep. The film centers on the actions of the publisher (Streep) and editor (Hanks) of The Washington Post as they attempt to publish the Pentagon Papers, part of a report commissioned by the Department of Defense on military involvement in Vietnam, over the objections of President Richard Nixon’s administration.
Spielberg was strongly drawn to the timeliness of the story, which earned him a Golden Globe nomination for best director and an Oscar nomination for best picture. In addition to the theme of government cover-ups, The Post also addresses the treatment of women in the workplace. “I need a motivating goal to make a movie,” Spielberg said. “When I read the first draft of the script, this wasn’t something that could wait three or two years – I felt we needed to tell this story today.”
Ready Player One (2018), however, marks a return to action and adventure. Based on the best-selling book by Ernest Cline, the CGI spectacle tells the story of a teenage orphan and his friends as they attempt to crack a sophisticated virtual reality game that immerses users – and audiences – in a world of ’80s pop culture icons.
Ready Player One, another blockbuster hit, grossed nearly $500 million worldwide within three weeks of its March release, pushing Spielberg’s career total over the $10 billion mark.
In April, it was announced that he was teaming up with Warner Bros. DC Entertainment to bring to the big screen the Blackhawk series ( WW II) about an ace pilot and his squadron fighting the Nazis. Spielberg was on board as a producer and potential director of the adaptation.
Awards and Honors
Along with his three Oscars, Spielberg has received numerous other awards. In 1986, he received the Academy of Motion Picture Arts and Sciences’ Irving G. Thalberg Memorial Award. In recognition of his work, Spielberg received the Directors Guild of America Lifetime Achievement Award and the French Legion of Honor in 2004. He was inducted into the Science Fiction Hall of Fame the following year.
The iconic filmmaker was awarded the Presidential Medal of Freedom, the nation’s highest civilian honor, in November 2015. Following the February 2018 shooting at Florida’s Marjory Stoneman Douglas High School, he announced a $500,000 donation to the March for Our Lives demonstrations the following month.
Spielberg, who has been married twice, has a son from his first marriage to actress Amy Irving. With his current wife Kate Capshaw, he has five children and two stepchildren.
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