Robert De Niro Net Worth

Robert De Niro is an American movie and stage actor, producer, and director who has a net worth of $500 million. He is one of cinema’s best actors, having appeared in traditional movies resembling Taxi Driver, Raging Bull, Goodfellas, and The Godfather II. De Niro was born on August 14th, 1943 in New York City. He was the son of two artists. His mom Virginia Admiral was a painter and his father Robert De Niro Sr. was a summary expressionist painter and sculptor. De Niro’s mother and father divorced by the point he was three. He was subsequently raised by his mom in Greenwich Village.

Early Life:

At the age of ten Robert made his stage debut because of the Cowardly lion in his college’s manufacturing of “The Wizard of Oz”. And thus the performing bug was caught. By the age of 16, he dropped out of the faculty to pursue his performing desires. De Niro studied beneath legendary coaches Lee Strasberg and Stella Adler. At the age of 20 De Niro landed his first movie function in the movie, “The Wedding Party” which was directed by Brian De Palma. The two would go on to collaborate once more within the function “Hi Mom”.

Robert didn’t acquire full publicity till he performed as a dying baseball participant in the movie “Bang the Drum Slowly”. De Niro started what would develop right into a decades-long partnership with director Martin Scorsese with the movie, “Mean Streets”. So, in 1974 De Niro earned his first Academy Award for portraying a younger Don Vito Corleone in Francis Ford Coppola’s “The Godfather II”.

Film Success:

From there De Niro’s profession took off. He had a string of acclaimed performances from “Taxi Driver to “Deer Hunter”, the latter of which earned him yet another Academy Award nomination. The part of Travis Bickle in “Taxi Driver” would make him an icon. His phrase “You talkin’ to me”, (which De Niro improvised) would go on to become a classic line in American cinema.De Niro is a fierce method actor. He worked as a taxi driver to play Travis Bickle. Robert lived in Sicily for “Godfather II”. He learned how to play the saxophone for “New York, New York”.

In 1980 he put it all to the test to play real-life boxer Jack Lamotta in Martin Scorsese’s “Raging Bull”. De Niro learned how to box and gained sixty pounds for the part. The effort would prove well worth his time as Robert ended up winning a best actor Academy Award for the part.

In 1993, De Niro made his directorial debut with “A Bronx Tale”. The film was written by fellow actor Chazz Palmiteri and was based on his one-man show about Palminteri’s rowdy youth. De Niro would not return to the director’s chair until 2006 with “The Good Shepherd”.

Personal Life:

De Niro currently resides in New York where he is committed to building the Tribeca area. He has invested his money and time in The TriBeca film festival, Tribeca productions, and The TriBeca Grill.

In 1997, he married Grace Hightower. The two would have a son Elliot just a year later. In addition to Elliot, De Niro has another son named Raphael who was from his first marriage with Dianne Abbott. He adopted Abbott’s daughter Drena who was from a former relationship of Abbott’s. He also has twin sons from who were conceived by in vitro fertilization by a surrogate mother.

Robert filed for divorce in 1999, but they eventually reconciled until ultimately separating for good in 2018. More details on their divorce battle in a few paragraphs.

Business Ventures:

Outside of acting, Robert De Niro is the co-founder of the highly successful Nobu restaurant chain along with Nobu Matsuhisa. Today there are more than 40 Nobu locations around the world. It has been reported that the Nobu empire generates several hundred million dollars in revenue every year. He is also a co-owner of The Greenwich Hotel in New York.

Robert De Niro Net Worth and Divorce Battle:

In June 2019 Robert’s ex-wife Grace Hightower filed legal paperwork, as part of their ongoing divorce, which gave intimate detail to their finances and assets.

According to Grace’s filing, Robert’s net worth is at least $500 million. He made $250 – $300 million between 2004 and 2018 alone, much of which came from his expanding Nobu empire. Under the terms of a prenup that the two signed in 2004, Grace would be owed $1 million per year for the number of years they were married, a $6 million apartment, $500,000 in cash, and half the value of their primary residence. However, Ms. Hightower filed motions seeking 50% of the actor’s fortune, claiming that he kept her in the dark regarding his finances for more than a decade.

That he earned at least $15 million, which is most years. If he earned less, he would pay proportionally less to Grace.

Hence, in July 2020, as the divorce raged on, Grace filed a complaint with the court stating that Robert had unfairly cut her monthly American Express allowance from $100,000 down to $50,000. He reportedly had to borrow $500,000 to help cover part of Nobu’s mounting debts. His lawyers claimed that Nobu lost $3 million in April and $1.9 million in May. His lawyers also claimed that De Niro would be “fortunate if he makes $7.5 million” in 2020.

Hightower’s lawyers claimed that Robert had “used the COVID pandemic… to stay it to his spouse financially. I’m not a believer {that a} man who has an admitted worth of $500 million and makes $30 million 12 months, rapidly in March wants to chop down [spousal support] by 50 p.c and ban her from the home.”

The decision within the case in the end determined that lowering the Amex allowance to $50,000 wasn’t unreasonable but additionally ordered Robert to pay Grace $75,000 to assist her discover a summer season home since Robert is presently residing in their former major dwelling.