'The Godfather' star Al Pacino reveals how he lost USD 50 million and went broke at age 70 in his candid memoir 'Sonny Boy'
Al Pacino, the legendary actor behind iconic roles in ‘The Godfather’ and ‘Scarface’, has long been a symbol of Hollywood grit and intensity. He recently revealed a shocking truth: despite earning millions, he hit rock bottom financially in his 70s, forcing him to take roles in films he knew were poor just to survive. This raw confession humanizes one of cinema’s greatest stars showing how fame’s glamour often hides personal chaos.
In his candid memoir ‘Sonny Boy’, released last year, he reveals a shocking truth: despite earning millions, he hit rock bottom financially in his 70s, forcing him to take roles in films he knew were poor just to survive.
Pacino’s journey-to stardom was never smooth. After filming ‘The Godfather’, he found himself broke and in debt despite the film’s success. “When I finished making The Godfather I was broke, not that I had ever had any money but now I owed money,” he recalled, as cuts from managers and agents left him financially strapped.
He relied on support from actress Jill Clayburgh during tough times and once described himself as an “idiot” with money. Lavish spending crept in early too: 16 cars he barely drove, 23 cell phones, and “USD 400,000 a month” on expenses like landscaping for a house where he didn't live. “The kind of money I was spending and where it was going was just a crazy montage of loss,” he admitted.
The real devastation came from blind trust. Pacino let his accountant sign checks without question. In his 70s, suspicions grew after steady balances amid wild outlays. “Time stopped. I am f-ed. I was broke,” he wrote, having amassed USD 50 million, then nothing.
“I was broke. I had USD 50 million, and then I had nothing. I had property, but I didn’t have any money,” he explained, noting how Hollywood cuts left little after taxes and fees. The accountant ran a Ponzi scheme, snaring stars like Natalie Portman and Martin Scorsese, and served 7.5 years in prison. “I didn’t understand how money worked, any more than I understood how a career worked. It was a language I just didn’t speak,” Pacino reflected.
Other low points included 88 Minutes and Righteous Kill, roles taken purely for cash despite his doubts. “I acted in movies I didn’t relate to,” he confessed at age 70. Pacino rebounded with HBO deals like USD 10 million per film and USD 20 million for ‘The Irishman’.Get the latest entertainment updates from the Times of India, along with the latest Hindi movies, upcoming Hindi movies in 2026 , and Telugu movies.”
Early struggles and how that shaped him
In his candid memoir ‘Sonny Boy’, released last year, he reveals a shocking truth: despite earning millions, he hit rock bottom financially in his 70s, forcing him to take roles in films he knew were poor just to survive.
Pacino’s journey-to stardom was never smooth. After filming ‘The Godfather’, he found himself broke and in debt despite the film’s success. “When I finished making The Godfather I was broke, not that I had ever had any money but now I owed money,” he recalled, as cuts from managers and agents left him financially strapped.
The real devastation came from blind trust. Pacino let his accountant sign checks without question. In his 70s, suspicions grew after steady balances amid wild outlays. “Time stopped. I am f-ed. I was broke,” he wrote, having amassed USD 50 million, then nothing.
“I was broke. I had USD 50 million, and then I had nothing. I had property, but I didn’t have any money,” he explained, noting how Hollywood cuts left little after taxes and fees. The accountant ran a Ponzi scheme, snaring stars like Natalie Portman and Martin Scorsese, and served 7.5 years in prison. “I didn’t understand how money worked, any more than I understood how a career worked. It was a language I just didn’t speak,” Pacino reflected.
Desperate roles for survival
With funds gone, Pacino sold a house, budgeted tightly, and chased paychecks. Australian TV commercials and paid college seminars covered bills. On screen, he starred in “some really bad films” he knew were mediocre. “It came a time in life that I needed it… I found out I had no more money,” he said of 2011’s Jack and Jill, the Adam Sandler flop where he played a cartoonish self romancing a drag character.Other low points included 88 Minutes and Righteous Kill, roles taken purely for cash despite his doubts. “I acted in movies I didn’t relate to,” he confessed at age 70. Pacino rebounded with HBO deals like USD 10 million per film and USD 20 million for ‘The Irishman’.Get the latest entertainment updates from the Times of India, along with the latest Hindi movies, upcoming Hindi movies in 2026 , and Telugu movies.”
end of article
Featured in Entertainment
- Subedaar's ending explained: Does the ending hint at Anil Kapoor’s return?
- Mahieka celebrates with Hardik; ring draws attention
- ‘Dhurandhar 2’ OTT release: Platform and streaming date
- Parthiban-Trisha's controversy EXPLAINED: What went wrong
- Global icons who danced on Bollywood tunes
- 'Dhurandhar 2' makes Rs 18 crore in advance bookings for paid previews
Trending Stories
- The drug paradox of Queen Victoria: New book says she ‘loved’ drugs while empire sold opium worldwide
- 8 Indian breakfasts with more protein than eggs
- About SS Rajamouli’s Jubilee Hills home in Hyderabad
- Salim Merchant Responds To Rahman: Composer denies communal bias in Bollywood; cites Rahman's Ramayana role
- Your resting heart rate could signal future heart risk: Cardiologist explains warning signs and lifestyle changes to keep it healthy
- Meet Krishna Lunch: The $5 meal food truck becoming a lifeline for hungry LA students
- R Madhavan swears by this desi breakfast which keeps him fit at 55 and it can be made under just 5 minutes!
- R Parthiban takes a swipe at Trisha and Vijay’s public appearance: 'Kundavai should be...'
- Dubai Airports update today: Limited flights resume at DXB and DWC as travellers urged to confirm schedules before travelling
- “When I get a job, I’ll ....”: How a Hyderabad man built a massive food distribution network while working 9-5 in a corporate
Photostories
- 9 royal dishes that are now available as street food
- Powerful healing mantras to chant to overcome depression
- 5 tiny moments that make kids feel safe with you
- 7 iconic flightless birds in the world and best places to see them
- Pune opens double-decker corridor at SPPU Chowk with road traffic and metro in one corridor
- 6 foods that will help you sleep like a baby
- 6 luxury car maintenance tips every driver should know
- 10 desi Indian dishes among 90 Best Rated Chickpeas Dishes in the World
- Hardik Pandya’s 6,000 sq ft penthouse in Vadodara, Gujarat is a dream home packed with luxury features
- 8 latest OTT releases to watch this week (March 9 to March 15): 'Aspirants Season 3', 'One Piece Season 2' and more
Up Next
Start a Conversation
Post comment