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Harvey Weinstein's net worth: movies, money and scandal

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Unless you've been living under a rock, there's no doubt you've heard of Harvey Weinstein, the once famous, now infamous, producer and co-founder of Miramax, one of the world's largest entertainment companies that he has distributed some of the most epic blockbusters, including The Aviator, Goodwill hunting, No country for old menY 13 reaching 30 (Just to name a few).

Sounds like a pretty awesome race, doesn't it? Well, it was until 2017, when he was involved in a serious drama (hence the reason we said he is now "infamous").

In case you have been living under a rock, or simply have not paid much attention to the media, you are probably wondering what happened that made Harvey Weinstein cease to be one of the best known people in the entertainment industry. to one of the most famous people in the world. If so, let us catch up …

Harvey Weinstein: the facts

Net worth: $ 240- $ 300 million
Date of birth: March 19, 1952
Country of origin: United States of America
Richness' fountain: Film Producer / Director
Updated: 2019

Harvey Weinstein: The Scandal

Harvey Weinstein lived quite high in the pig for several decades … that is, until October 2017. It was then that both The New Yorker Y The New York Times He reported that the media magnate was under fire for sexual abuse and misconduct. Both news sources stated that dozens of women had come forward and accused the film producer of some rather heinous acts, including sexual abuse, sexual assault and even rape, and reports claimed that Weinstein had been subjecting women to such acts. over a period of time. At least 30 years, if not more.

Since the bomb dropped in October 2017, at least 80 more women, including Ashley Judd, Angelina, Angelina Jolie, Kate Beckinsale, Cate Blanchett, Rose McGowan, Gwyneth Paltrow and Daryl Hannah, also accused Weinstein of similar actions. . Although he denied the accusations and said he was never involved in any sexual act that was not agreed upon, he was under serious scrutiny and, as such, was discharged. The Weinstein Company, the independent film studio that he co-founded. the Academy of Motion Picture Arts and Sciences He also excluded it, as did several other associations to which he was affiliated.

Harvey Weinstein scandal

Investigations of the complaints that have been made against Weinstein began quickly and continue to be carried out. In May 2018, the movie mogul was arrested in New York, where he was charged with serious crimes, such as rape and other acts of sexual misconduct. The Weinstein scandal was so moving that it caused countless women to talk about the sexual abuse they experienced from other prominent men, including Kevin Spacey, Louis C.K. Matt Lauer, Al Franken and Dustin Hoffman, just to name a few. It even triggered the now famous #MeToo movement, which encourages women to share the experiences they have had with sexual abuse. In fact, the Weinstein scandal was so shocking and encouraged so many women to present their personal experiences that now, it is not only considered a scandal; Now, the Weinstein effect is considered (the term used to describe the numerous accusations that have been made against men of power since the media tycoon scandal was issued in 2017).

After his arrest in New York in May 2018, Harvey Weinstein paid bail of $ 1 million, pleaded not guilty to the charges brought against him and has been released on bail since then. The investigations into the accusations are still ongoing and, according to Weinstein's lawyer, Ben Brafman, states that his client is working as a legal assistant for him, in his own case, and that the embarrassed producer is trying to work on new projects.

Needless to say, the Weinstein scandal has shaken not only the entertainment industry, but the entire world. People from all walks of life now show up to share their heartbreaking stories about sexual abuse and rape. With such serious accusations against him, one cannot help wondering how Weinstein reached the prominent position he held for so many years and accumulated his fortune.

How Harvey Weinstein built his wealth

Harvey Weinstein and his brother Bob come from Flushing, a neighborhood in the borough of Queens in New York. The duo grew up in a low to middle class family and were always delighted with the film industry. When he was a teenager, Harvey attended the University of Buffalo. After graduating, he stayed in Buffalo and started his own business, Harvey and Corky Productions, which promoted concerts. Finally, he bought the Century Theater in Buffalo, where he played movies when concerts were not scheduled. Weinstein's brother, Bob, also finally moved to Buffalo, and in 1979, the couple co-founded Miramax (named in honor of their parents), a small independent movie distribution company.

Miramax grew and, finally, it was said that the producer revolutionized the film industry, as it distributed independent films that were massive successes, such as the 1989 classic, Sex, lies and videotapes, which earned Miramax the title of the most successful independent film studio based in the United States.

Miramax Films

In 1993, Weinstein really began to accumulate his wealth. That's when Disney bought Miramax from Harvey and Bob Weinstein for about $ 60 million. The brothers continued to work as producers for the film company. Harvey produced mega-hit after mega-hit, such as:

  • Employees
  • Pulp Fiction
  • Shakespeare in love
  • The English Patient
  • Goodwill to hunt,

among others. His brother, Bob, produced more comic films, including Scary Movie Y Shout through Dimension Film, Miramax's sister company.

In 2005, the brothers decided it was time to leave Miramax behind them and started The Weinstein Company, another film company that also produced massive successes, including The artist Y The king's speech. The Weinstein Company also moved to the world of television and produced programs such as Gateway Project.

However, the success of The Weinstein Company did not last. In fact, by 2009, I was experiencing financial difficulties as a result of bad investments. The Weinstein escaped bankruptcy as they restructured their assets. Today, Weinstein Company's net worth is said to be $ 150 million; But, due to the accusations that have arisen against Harvey, he has been fired from his role in the company.

Harvey Weinstein and Real Estate

In the course of his success, Harvey Weinstein invested in serious real estate. In fact, it is estimated that he and his wife owned several houses and other types of properties throughout the United States.

He and his wife owned two houses in Connecticut that were located on the ocean, and were valued at $ 7 million and $ 8.5 million, respectively.

In Amagansett, on the south coast of Long Island, Weinstein also owned a beachfront house, which traded on the market for $ 13.5 million, which was later reduced to $ 12.8 million. Despite being on the list of one of the most prestigious markets, the property was not sold and was re-sold for an initial price of $ 12.4 million in 2017.

Waterfront house in Amagansett in the Hamptons:

Waterfront house at Amagansett in the Hamptons

Waterfront house at Amagansett in the Hamptons

Waterfront house at Amagansett in the Hamptons

Weinstein also owns real estate in the prosperous West Village of New York City. Here, he bought a house at the price of $ 15 million.

He also bought a house in Beverly Grove, a wealthy neighborhood in Los Angeles, for $ 1.5 million, which he gave to one of his children.

Weinsteins Beverly Grove Cottage:

Weinsteins Beverly Grove Cottage

Weinsteins Beverly Grove Cottage

Just before the allegations of inappropriate sexual behavior against Weinstein were withdrawn, he sold another property he owned in Westport, Connecticut, for $ 1.65 million.

Weinstein's house in Westport, Connecticut, sold for $ 1.65 million:

Weinstein's house in Westport, Connecticut, sold for $ 1.65 million

Weinstein's house in Westport, Connecticut, sold for $ 1.65 million

The influence of Harvey Weinstein

Although Harvey Weinstein was, without a doubt, one of the most influential people in the film industry, a stigma has always followed him. People who worked with the movie giant were always afraid to irritate him, since they were afraid of the repercussions that would follow if they ever reached their bad side. In fact, many people who worked or met Weinstein said they are someone they avoid talking at all costs.

However, once accusations were made against Weinstein in 2017, many people who partnered with him felt a sense of encouragement and decided to share unofficial stories about him. It is these stories that have highlighted how Weinstein could have used his fame, wealth and even fear tactics, as a form of sexual abuse that knows how many women in total for decades.

Rebecca Traister, writer for the New YorkerHe said that in 2000, Harvey Weinstein called it a colorful word (let's say it starts with a C, ends with a T and the letters UN are in the middle). He also said he threw Andrew Goldman, another journalist, who was also her boyfriend at the time, and then dragged him down the sidewalk while holding him in a head wrench. Traister said she and Goldman were afraid to share their story because, at that time, Weinstein had the power to spin any story that came out on him. He had a complete team of journalists working for him, and he could easily manipulate any negative news that could have been transmitted.

A former gossip columnist for the New York Daily News, Marianne Garvey, also shared a grim story about Weinstein. She said she finally tried to intimidate her good side. One second, he would be yelling at her on the phone, and the next, he would take her wine and dine and introduce her to hot celebrities, like Jennifer Lopez and Oprah Winfrey. In an article that Garvey wrote about Weinstein after his scandal broke out, she shared her ideas about the man, saying that he was nothing but a stalker and a nuisance, and that he was "litigious for nonsense." In other words, he would threaten legal action if he felt that someone was going to defame him and, according to many people, the threats were made for things that were completely silly or simply made no sense. In fact, Ronan Farrow, the journalist who wrote the Weinstein exhibition in the New YorkerHe said Harvey Weinstein personally threatened him with a lawsuit.

These are just some of the stories that emerge about Weinstein since the accusations of inappropriate sexual behavior were abandoned in 2017. It is safe to say that he tried to use his power, his fame and his money as a way to assert his dominance and keep his name Clean in the eyes of the public. But, now that he has defamed himself by allegedly committing such atrocious acts, and so many women have come forward to share their stories about the man, it is safe to assume that no amount of bribery, intimidation or scam can hide the horrible. temperament and behavior of a person. In the end, the truth will always prevail.

Claims and divorce of Harvey Weinstein

In addition to threatening, physically harming and trying to impress those who harassed and assaulted, it also seems that Harvey Weinstein paid many of the people who accused him. According to the New York TimesHe and Rose McGowan, an actress, reached an agreement in 1997, after an altercation that occurred in a hotel during the Sundance Film Festival. It has also been reported that many other women reached agreements with Weinstein, and the now infamous tycoon paid them between $ 80,000 and $ 150,000 in response to acts of misconduct.

the Los Angeles Times He reports that the legal repercussions of these claims could be serious for Weinstein. In fact, it has been claimed that these claims could end in civil or criminal lawsuits.

In addition to the countless lawsuits that have been filed against Harvey Weinstein over the years, and the many more that will surely come, he will also have to deal with the legalities associated with the divorce of his separated wife, Georgina Chapman.

Divorce Harvey Weinstein

Harvey Weinstein, pictured with wife Georgina Chapman

According to reports, the media tycoon in disgrace will end up paying Chapman, a fashion designer, up to $ 20 million. Add to that all legal fees and Weinstein's divorce will end up costing you a fortune. In addition, he will lose custody of his children, since Chapman will receive primary custody of children ages 4 and 7.

From rags to riches, back to rags

The story of Harvey Weinstein seems to be the plot of one of the films he produced; But, unfortunately, there is nothing fictional about this story. It simply shows that you can never trust a book by its cover.

What is really heartbreaking about the scandal are all women who will undoubtedly be persecuted for horrible acts to which Weinstein subjected them; That is undoubtedly the worst part of the whole story and something that should haunt him forever.

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Disclaimer: The opinions expressed herein are only those of the author, not those of any bank or credit card issuer and have not been reviewed, approved or endorsed by any of these entities.

Disclaimer: The answers below are not provided or commissioned by the bank advertiser. The responses have not been reviewed, approved or supported by the bank advertiser. It is not the responsibility of the bank advertiser to ensure that all publications and / or questions are answered.

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