Harvey Weinstein Net Worth 2018

Can you imagine somebody capable of making the fiercely strong Cersei Lannister, cry?! Well, the film mogul Harvey Weinstein managed to do the unthinkable when he made the GOT actress cry with his threats against disclosing his sexual advances towards her.

Harvey Weinstein, before the whole #MeToo fiasco surfaced, was a very successful film producer of Hollywood. He is the co-founder of the Entertainment production company, Miramax. He has definitely, over the years established himself as a self styled media Mogul, with his luxurious lifestyle and expensive habits. Harvey Weinstein has produced some of the classics of contemporary American cinema.

Want to know why an important man like him was fired from his studio in 2017? Want to know how power can be a two sided coin of success and darkness? Keep reading more to know how Harvey Weinstein’s life went from sparkling- perfect to a complete wreck and about his net worth in 2018.

Biography & Wiki

Harvey Weinstein Net Worth 2018

Harvey Weinstein was born in the New York City to a Jewish couple. And he has a Polish ancestry. He was born in the Flushing area in the Queens borough in New York City on the 19th of March in the year 1952. His parents Max Weinstein and Miriam were of very humble means. His father Max Weinstein was a diamond cutter. Harvey Weinstein spent the greater part of his early life in a co-operative housing society called the Electchester.  He stayed there with his parents as well as his younger brother Bob Weinstein. He went to the John Bowne high school, and then he graduated from the University of Buffalo. It is during his college days that he Harvey Weinstein along with his brother and a friend of theirs Corky Burger started organizing rock concerts all over Buffalo and their venture was known as the Harvey and Corky productions.

Personal Life

Harvey Weinstein got married to his assistant Eve Chilton in 1987. The couple had three children together. The eldest was Remy and she was followed by Emma and Ruth. However they got divorced in 2004. After this Harvey Weinstein got married to Georgina Chapman, who is an English fashion designer and actress. With Chapman Harvey Weinstein had two children their first child was named India Pearl and she was born in 2010, and their son Dashiell was born in 2013. However, recently, after the breakout of a sexual assault controversy surrounding Harvey Weinstein, Chapman has announced that she will leave Harvey Weinstein.

Career

In the late 1970s Harvey Weinstein and his brother Bob decided to invest their profits from the concert venture into the film business. They started in the business with their film distribution company, Miramax. The first films they were dealing with were the music oriented movies.

The first breakthrough for the company came when Miramax decided to acquire the rights of two British movies which were screened at Amnesty fundraisers. Miramax edited these two movies to make a combined movie for the American market. This movie was named, “The secret Policeman’s Other Ball”. And it was released in the year 1982. They soon started groing their business on small, independent  art house movies throughout the 1980s. They gained great publicity by releasing several controversial documentary movies like the “The Thin Blue Line”.

However with the release of the movie, “sex, Lies and Videotape” by Steven Soderbergh Miramax was able to establish itself as one of the most successful independent movie studios of its time. Later in the decade they also had released two X-rated movies, which were barred from release nationwide. To this the Weinsteins filed a suit against the rating system. And as a result of this suit the rating body is believed to have introduced the NC-17 rating.

In the 1990s the Disney acquired Miramax; while the Weinstein brothers still remained at the top of their company. And this sealed the fate of the duo in Hollywood. The Year after the acquisition the company released its first blockbuster, “Pulp Fiction” by Quentin Tarantino. In this decade, Harvey Weinstein had produced some of the most critically acclaimed movies like, “Shakespeare in Love”. He had also put his money in many other highly regarded projects over the years. And he has certainly left his mark on the parallel movie scene in Hollywood. And he has also won the academy award for, “Shakespeare in Love”.

Salary, Net Worth & Earnings

At the peak of his career, Harvey Weinstein net worth used to be $300 million, but before the sexual harassment scandals broke out Harvey Weinstein worth was valued at $50 million in 2017. But then again he had to pay a $20 million divorce settlement. And he also has a debt of $5 million for his first marriages alimony. In order to sell of his Weinstein Company assets he had to declare bankruptcy. At the time of writing, his net worth is estimated at $25 million.

Interesting facts you need to know about Harvey Weinstein

You know you’ve done something massive when the movies bearing your name in their credits are nominated for significant awards, 341 times!

But as they say, life is as uncertain as the wind, it blows whichever way it wants and sadly, this is truly what has happened to Harvey Weinstein. Nevertheless, there is no denying the fact that he has no match when it comes to film-making. Here are a few interesting facts to know about him.

  • Harvey Weinstein received an injury in his right eye at the age of 12. For the period he had to stay in isolation, he finished “War and Space” and he has claimed it is one of the causes for developing his passion for storytelling.
  • Harvey Weinstein is also a contributor to the Democratic Party, and had been heavily investing in the Barrack Obama and Hillary Clinton election campaigns.
  • Harvey Weinstein was bestowed with the title of Honorary Commander of the British Empire in 2004.
  • He was also made a knight by the French Legion of Honour.
  • In 2017, Harvey Weinstein has been accused of sexual assault by about 50 women. And this led to the #MeToo campaign.

Harvey Weinstein had a really fruitful career but in the light of the controversy. The scale of the accusations has really belittled most of his significant contributions. And has been a radical example of how even the most powerful can be brought to justice.

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