ROBERT De Niro claims the coronavirus pandemic is costing him millions.
Here is more on the acting legend and what he has to say about his finances.
De Niro was born on August 17, 1943, in New York City.
He has had dozens of memorable film roles, including 2019’s The Irishman, Taxi Driver (1976), Raging Bull (1980), and Goodfellas ten years later.
The 76-year-old thespian won Oscars for his roles in Raging Bull and The Godfather Part II.
He has been nominated for his work in eight films.
De Niro has been married twice and has six children.
De Niro’s lawyers recently spoke of the financial woes during a Skype session with a judge, according to The New York Post.
Estranged wife Grace Hightower asked for an increase in her monthly American Express card credit limit from $50,000 to $100,000.
A lawyer said that De Niro had previously cut the credit card limit from $100,000 to $50,000.
De Niro’s attorneys countered that Hightower’s limit was cut due to his recent business setbacks.
He has a stake in the restaurant chain Nobu and Greenwich Hotel, both of which have been closed or partially shut down during the coronavirus pandemic.
Lawyer Caroline Krauss told the judge that Nobu lost $3million in April and nearly $2million the following month.
“His accounts and business manager … says that the best case for Mr. De Niro, if everything starts to turn around this year, … he is going to be lucky if he makes $7.5 million this year,” Krauss said, according to The Post.
She added that De Niro has had to trim his spending “dramatically.”
“These people, in spite of his robust earnings, have always spent more than he has earned, so this 76-year-old robust man couldn’t retire even if he wanted to because he can’t afford to keep up with his lifestyle expense,” Krauss said, according to The Post.
De Niro has a believed net worth of $500million, a figure that was brought up by Hightower’s lawyers.
“Mr. De Niro has used the COVID pandemic, my words would be, to stick it to his wife financially,” Kevin McDonough said, according to The Post.
“I’m not a believer that a man who has an admitted worth of $500 million and makes $30 million a year, all of a sudden in March he needs to cut down [spousal support]by 50 percent and ban her from the house.”
Hightower’s lawyer had also complained that De Niro was not allowing his estranged wife or their two kids at his upstate New York home.
Manhattan Supreme Court Justice Matthew Cooper ruled that Hightower’s credit card limit should stay at $50,000 a month, but ordered De Niro to pay her $75,000 so she can find a summer home for their two children, according to The Post.
“I am not requiring at this point that Mr. De Niro restore the credit card to $100,000,” Cooper said, according to The Post.
“$50,000 seems to be certainly enough to avoid irreparable harm.”
De Niro’s lawyer said the actor will be living in upstate New York “for the foreseeable future” due to the pandemic, The Post reported.