When you think of people who have absolutely revolutionized and impacted the film industry, you can’t avoid conjuring up an image of Steven Spielberg. For over fifty years, he has wooed audiences around the world and captured their emotions and imagination with his brilliant and arresting movies. There is no aspect of filmmaking that Spielberg hasn’t been involved in from writing to directing, producing, and even acting. He is Hollywood’s most accomplished maestro and Steven Spielberg’s net worth stands as a testament to how much he has accomplished.
The three-time Academy Award-winning director has been responsible for some of the biggest and greatest films ever made. His movies have crisscrossed genres to articulate various themes from the mundane to the heavier topics of loss, survival, redemption, terrorism, and war. Spielberg has received effusive praise from all corners for the sheer brilliance of his work over the years. He is one of the most celebrated and beloved personalities in Hollywood and beyond.
Spielberg’s portfolio is also one of the largest and most diverse around. He has made over 100 feature-length films in his career and he is still holding on to his director’s chair. Here is everything you need to know about Steven Spielberg’s net worth and the lofty career that has helped him amass his fortune.
How Steven Spielberg Achieved a Net Worth of $3.6 Billion
One thing we know for certain is that Steven Spielberg’s net worth runs into billions of dollars. However, the exact amount has been contested for a while. According to Forbes, the director is worth $3.6 billion, while Bloomberg Billionaires Index pegs Spielberg’s net worth at around $6.13 billion. So how did Spielberg manage to achieve his multi-billion-dollar net worth?
Spielberg made most of his money from the success of his films. So far, he has more than 100 films to his credit, all of which have grossed a combined 25 billion at the box office. At least 15 of his thematically released films have grossed over $100 million each, which is a very rare feat for directors. Below is a list of the top ten movies that have made Spielberg the most money, and how much they grossed worldwide.
1. Jaws (1975) — $470.7 million
2. Jurassic Park (1993) — $1.3 billion
3. T.: Extra-Terrestrial (1982) — $792.9 million
4. Indiana Jones and the Kingdom of the Crystal Skull (2008) — $786.6 million
5. The Lost World: Jurassic Park (1997) — $618.4 million
6. War of the Worlds (2005) — $591.7 million
7. Indiana Jones and the Last Crusade (1989) — $474.2 million
8. Raiders of the Lost Ark (198) — $389.9 million
9. The Adventures of Tintin (2011) — $374 million
10. Minority Report (2002) — $358.4 million.
Spielberg was part owner and founder of DreamWorks studios alongside David Geffen and Jeffrey Katzenberg. Not long past, they sold an offshoot of the company, DreamWorks Animation for $3.2 billion to NBCUniversal. The director made a whopping $200 million from the sale.
Another way that Spielberg has been able to make up his net worth is through consulting, the deal he has with Universal to help design their theme parks. Consequently, a percentage of the price of every ticket sold at Universal theme parks goes straight into Spielberg’s bank account. In addition, Spielberg has been able to achieve his $3.6 billion net worth from other side projects that he has been involved in one capacity or another.
What Does He Spend His Money On?
When you have worked as hard as Steven Spielberg has, you have earned the right to live as lavishly as possible, and that is what the director does. He and his wife, Kate Capshaw have invested a lot of money in real estate in the United States and beyond.
In 1989, they bought a property in Malibu for $6.7 million and later sold it in 2015 for $26 million. Their main house is a mansion situated in an upscale neighborhood in Pacific Palisades, which they purchased in the 90s. They also own a vacation home in the Hamptons, as well as several other properties in New York and Tribeca, amongst others.
Spielberg shelled out $184 million to buy his 282-foot yacht, The Seven Seas, which he used to cruise around the world. He later put it up for sale in 2015, claiming the vessel was not big enough. He also likes to ride around town in the choicest of cars and has a garage full of luxury vehicles.