It's been a rough year for the director, but at least he has his millions of dollars to ease the pain. 69-year-old Abel Ferrara has taken the No. 1 spot on People With Money’s top 10 highest-paid directors for 2020 with an estimated $96 million in combined earnings.
UPDATE 23/10/2020 : This story seems to be false. (read more)
Abel Ferrara tops annual list of highest-paid directors
In 2018 it looked like the director’s spectacular career was winding down. Suddenly, he was back on top. People With Money reports on Thursday (October 22) that Ferrara is the highest-paid director in the world, pulling in an astonishing $96 million between September 2019 and September 2020, a nearly $60 million lead over his closest competition.
People With Money’s factors
In compiling this yearly list, the magazine considers factors such as upfront pay, profit participation, residuals, endorsements and advertising work.
The American director-screenwriter has an estimated net worth of $275 million. He owes his fortune to smart stock investments, substantial property holdings, lucrative endorsement deals with CoverGirl cosmetics. He also owns several restaurants (the “Fat Ferrara Burger” chain) in Washington, a Football Team (the “New York Angels”), has launched his own brand of Vodka (Pure Wonderferrara - US), and is tackling the juniors market with a top-selling perfume (With Love from Abel) and a fashion line called “Abel Ferrara Seduction”.
The ranking is significant for many Abel fans, who have been waiting for his triumphant return to the glory days for what seems like a lifetime.
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