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Al Pacino came close to bankruptcy after The Godfather

Al Pacinothe legendary American actor, director and producer, said he was very close to bankruptcy. “When I finished shooting The GodfatherI was broke, not that I ever had money, but now I was in debt,” he wrote in his memoirs. He continues in Sonny Boypublished in 2023: “My manager and my agents received their share of my salary while I had to live thanks to the support of Jill Clayburgh [sa compagne de l’époque]. » The Godfather was a huge critical and commercial success, but it wasn’t a lot of money for Pacino, who reportedly only received $35,000 for the film.

“I had about $90,000 in the bank and that was it,” the 84-year-old actor wrote in Sonny Boy. I had a special lifestyle. I had a house in the country, which I didn’t want to give up. I was spending and making no money; I produced but I earned nothing. » He continues: “I could say that I was exploited. I could blame my accountants. I could blame [mon manager] Mary Bregmanwhich put me in a sort of financial investment that went wrong. I could blame myself, but then I would have to take responsibility for my own actions. “I knew something was wrong,” he admitted before discovering that his accountant was corrupt. Found guilty of organizing a “pyramid scam”, he served a prison sentence.

Big spender

Pacino claims his lifestyle “cost him a fortune.” He writes: “My team was growing, I had to take care of two houses, my apartments and an office, and I had to provide for my children. I was spending three or four hundred thousand dollars a month, which is a lot of money. » He quickly found himself ruined again. “I had fifty million dollars, and then I had nothing left,” he wrote. I had possessions, but I didn’t have money… The kind of money I was spending and where it was going was just a crazy racket of losses. » He bought sixteen cars, twenty-three cell phones and hired the services of a landscaper who earned “$400,000 a year, and mind you, that was for landscaping a house I didn’t even live in.” not “. The director didn’t matter.

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Now that he’s older, the actor admits that he “has to think very seriously about my succession.” This means I have to seek advice from people much smarter than me.” Especially with a new child arriving last summer. Pacino also writes that Scarface has been his most lucrative role, and that it continues to pay him. “To this day, it’s still the biggest film I’ve ever done. The residual income still allows me to live, he writes. I can live off it, I mean, I could, if I lived like a normal person. »

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