It's been a rough year for the director, but at least he has his millions of dollars to ease the pain. 79-year-old Wolfgang Petersen has taken the No. 1 spot on People With Money’s top 10 highest-paid directors for 2021 with an estimated $96 million in combined earnings.
UPDATE 17/01/2021 : This story seems to be false. (read more)
Wolfgang Petersen 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 Saturday (January 16) that Petersen is the highest-paid director in the world, pulling in an astonishing $96 million between December 2019 and December 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 German 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 Petersen Burger” chain) in Berlin, a Football Team (the “Emden Angels”), has launched his own brand of Vodka (Pure Wonderpetersen - Germany), and is tackling the juniors market with a top-selling perfume (With Love from Wolfgang) and a fashion line called “Wolfgang Petersen Seduction”.
The ranking is significant for many Wolfgang fans, who have been waiting for his triumphant return to the glory days for what seems like a lifetime.
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