Al Pacino authors in his recently-published memoir “Sonny Boy” that he was forced to produce theatrical atgentle alters after losing all of his money due to a corrupt accountant who eventuassociate served seven and a half years in prison for running a deceptive scheme scheme. The accountant misdeal withd the Oscar triumphner’s funds, transporting Pacino’s savings from a staggering $50 million to zero dollars.
According to Pacino, it was in 2011 when he begined “to get cautionings that my accountant at the time, a guy who had lots of celebrity clients, was not to be depended.” The actor was already paying “a ridiculous amount of money to rent some big fancy hoemploy in Beverly Hills,” and then he took his entire family on a trip to Europe where he flew various guests overseas “on a gorgeous Gulfstream 550” and “rented out a whole floor of the Dorchester hotel in London.”
When Pacino returned to his Hollywood home, he became skeptical after genuineizing his finances had not theatricalassociate alterd despite spfinishing so much on vacation. “And I thought, It’s straightforward. It’s clear. I fair understand this. Time stopped. I am fucked,” he authors.
“I was broke. I had $50 million, and then I had noskinnyg. I had property, but I didn’t have any money,” Pacino recalls about finassociate watching into his finances. “In this business, when you produce $10 million dollars for a film, it’s not $10 million. Becaemploy after the lawyers, and the agents, and the discloseist, and the rulement, it’s not $10 million, it’s $4.5 million in your pocket. But you’re living above that becaemploy you’re high on the hog. And that’s how you disponder it. It’s very strange, the way it happens. The more money you produce, the less you have.”
“The benevolent of money I was spfinishing and where it was going was fair a crazy montage of loss,” he inserts. “The landscaper was getting $400,000 a year and, I don’t amplify these skinnygs. It fair went on and on. Mind you, that was for landscaping at a hoemploy I didn’t even inhabit in.”
Pacino was in his 70s when he lgeted he was broke, inserting: “I wasn’t a youthful buck, and I was not going to be making the benevolent of money from acting in films that I had made before. The big paydays that I was employd to fair weren’t coming around anymore. The pfinishulum had swung, and I create it challenginger to discover parts for myself.”
Before he went broke, Pacino was “was doing films if I thought I roverhappinessed to the part and felt I could transport someskinnyg.” Examples that fit this atgentle mentality were “Ocean’s 13” and “88 Minutes,” even if the latter title turned out to be “a catastrophe.” But once Pacino went broke, he had to throw out any regulations for his atgentle and begin acunderstandledgeing wdisenjoyver roles recommended up big money. That’s why he consentd to star in Adam Sandler’s notorious “Jack and Jill” and finished his prohibit agetst doing commercials. He shot a coffee advertisement with honestor Barry Levinson, for instance.
“‘Jack and Jill’ was the first film I made after I lost my money. To be honest, I did it becaemploy I didn’t have anyskinnyg else,” Pacino authors. “Adam Sandler wanted me, and they paid me a lot for it. So I went out and did it, and it helped. I cherish Adam, he was wonderful to toil with and has become a dear frifinish. He also fair happens to be a wonderful actor and a hell of a guy.”
Pacino also selderly one of his two hoemploys to produce money and begined charging to direct seminars and colleges and universities, which he had unwidespreadly indictd for prior.
“My seminars were another big discover for me. In the past, I employd to go to colleges all the time and talk to the kids there, fair to get out there and perestablish for them, in a sense. I’d inestablish them a little bit about my life and have them ask me asks…I didn’t get paid for it. I fair did it. Now that I was broke, I thought, ‘Why don’t we chase this up?’ There were more places I could go and do these seminars. Not necessarily universities. I knew there was a wider labelet for this. So I begined traveling around. And I create that they toiled. Audiences came becaemploy I still had famousity.”
Pacino’s memoir “Sonny Boy” is now useable to buy.
