Joel Schumacher Highest-Paid Director in the World

Joel Schumacher
Joel Schumacher led People With Money’s annual list of the “100 highest paid directors” released on Friday.

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It's been a rough year for the director, but at least he has his millions of dollars to ease the pain. 78-year-old Joel Schumacher has taken the No. 1 spot on People With Money’s top 10 highest-paid directors for 2017 with an estimated $58 million in combined earnings.

UPDATE 25/11/2017 : This story seems to be false. (read more)

Joel Schumacher tops annual list of highest-paid directors

In 2015 it looked like the director’s spectacular career was winding down. Suddenly, he was back on top. People With Money reports on Friday (November 24) that Schumacher is the highest-paid director in the world, pulling in an astonishing $58 million between October 2016 and October 2017, a nearly $30 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-producer has an estimated net worth of $185 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 Schumacher Burger” chain) in Washington, a Football Team (the “New York Angels”), has launched his own brand of Vodka (Pure Wonderschumacher - US), and is tackling the juniors market with a top-selling perfume (With Love from Joel) and a fashion line called “Joel Schumacher Seduction”.

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

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