AssetID: 54225975
Headline: UNCAPTIONED: Al Pacino went broke more than once after finding fame
Caption: Al Pacino went broke more than once after finding fame. The Hollywood veteran has opened up about his financial woes in a new memoir, Sonny Boy. The book, released on 8 October, details how Al managed to overspend beyond his movie-star salary several times during his career. ”When I finished making The Godfather, I was broke, not that I had ever had any money, but now I owed money. My manager and agents got their cuts of my salary.” The 1972 gangster movie became a mega hit, however, Al had only been paid $35,000 (£27,000) for his role in it. And while he received much higher salaries for The Godfather: Part II and his 1983 blockbuster Scarface, the actor was unable to hold onto his wealth. By the mid-1980s, Al said, he was again in financial straits. "I had about ninety grand in the bank and that was it.” Later, after starring in a string of hits including Sea of Love and The Godfather: Part III, Al discovered his accountant had been running an illegal "Ponzi" scheme and had siphoned off a large portion of his funds. ”I had fifty million dollars, and then I had nothing. I had property but I didn't have any money ...The kind of money I was spending and where it was going was just a crazy montage of loss.” Instructions: THIS VIDEO MUST NOT BE EDITED FOR LENGTH TO COMBINE WITH OTHER CONTENT
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