Jafar Panahi Highest-Paid Director in the World

Jafar Panahi
Jafar Panahi led People With Money’s annual list of the “100 highest paid directors” released on Tuesday.

It's been a rough year for the director, but at least he has his millions of dollars to ease the pain. 64-year-old Jafar Panahi has taken the No. 1 spot on People With Money’s top 10 highest-paid directors for 2024 with an estimated $75 million in combined earnings.

UPDATE 17/07/2024 : This story seems to be false. (read more)

Jafar Panahi tops annual list of highest-paid directors

In 2022 it looked like the director’s spectacular career was winding down. Suddenly, he was back on top. People With Money reports on Tuesday (July 16) that Panahi is the highest-paid director in the world, pulling in an astonishing $75 million between June 2023 and June 2024, a nearly $40 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 Iranian director-screenwriter-producer has an estimated net worth of $215 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 Panahi Burger” chain) in Tehran, a Football Team (the “Mianeh Angels”), has launched his own brand of Vodka (Pure Wonderpanahi - Iran), and is tackling the juniors market with a top-selling perfume (With Love from Jafar) and a fashion line called “Jafar Panahi Seduction”.

The ranking is significant for many Jafar fans, who have been waiting for his triumphant return to the glory days for what seems like a lifetime.

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