Al Pacino Says He Went Broke, Only Did 'Jack & Jill' Movie For the Money
justjared.comAl Pacino is opening up about going broke a little over ten years ago. The 84-year-old actor shared in his new memoir, “Sonny Boy,” that he had a corrupt account and lost millions of dollars.
That account eventually went to prison for their crimes. Keep reading to find out more… In his book, the Oscar winner shared in 2011, he started “to get warnings that my accountant at the time, a guy who had lots of celebrity clients, was not to be trusted.” After the accountant’s mismanagement of his finances and over spending, Al says he “went broke.” “In this business, when you make $10 million dollars for a film, it’s not $10 million.
Because after the lawyers, and the agents, and the publicist, and the government, it’s not $10 million, it’s four and half in your pocket,” he wrote. “But you’re living above that because you’re high on the hog.
And that’s how you lose it. It’s very strange, the way it happens. The more money you make, the less you have.” “The kind of money I was spending and where it was going was just a crazy montage of loss. … And I thought, It’s simple.
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