Harvey Weinstein Net Worth

Introduction

Harvey Weinstein was a cofounder, former movie producer, and mogul. He is currently a convicted sex offender and sentenced for 23 years imprisonment.

Miramax Films was started with money from his brother Bob's concert promotion business.

Miramax has produced award-winning films ever since its inception. These include " Good Will Hunting" (1997), " Frida ((2002)), as well as The Aviator (3).

Harvey Weinstein was then living in Miramax. Eve Clinton married him in 1986.

Weinstein's career was stopped after he was accused by female workers in the film industry of sexual misconduct in 2017.

After a scandal surrounding his sexuality, he was fired from his job.

Early life

Weinstein was born on March 19, 1952. Weinstein grew up in New York City, where he lived with his brother Bob Weinstein. Miramax was founded by him and his brother Bob Weinstein in 1979.

Harvey Weinstein was a 1973 graduate of New York State University at Buffalo.

Career

Harvey and his brother Bob control 42% of Miramax. They have served as co-chairmen of their film production company since 2005.

Many award-winning films were made by the Weinstein brothers, including Shakespeare in Love which won him an Academy Award and 7 Tony Awards. They also produced musicals like August: Osage county and Billy Elliot The Musical.

The Miramax Company produced many memorable films including Pulp Fiction, Good Will Hunting, and Pulp Fiction. The Weinstein Company produced great films such as The Imitation Game, Inglorious Bastards, and The Butler, Inglorious bastards.

The British film industry recognized Weinstein's contributions and awarded him the Order of the British Empire.

Harvey Weinstein's career was praised, but also heavily criticized.

Weinstein's Oscar campaign is one of his most controversial. The Academy of Motion Picture Arts and Sciences banned such campaigns.

Weinstein's brutality, violence, and aversion to women are well-known facts within the film industry.

Julie Taymor, director, and her husband had a dispute over Weinstein's Frida movie screening test screening. Weinstein publicly humiliated and criticized them both.

Rumors claimed that he also fought Sydney Pollack for The Reader, his film about Pollack's deathbed.

Weinstein publicly disapproves of Roman Polanski's extradition from Switzerland to the United States in 2009. He was accused of having sex in 1977 with a 13-year-old boy.

New York Post Film critic Kyle Smith indicted Harvey Weinstein because he produced anti-Catholic movies such as The Priest (1994), The Butcher (1997), Magdalene’s Sisters (2002), and Philomena (2013).

Highlights

Bob was his brother and used concert promotion money to help Miramax's 1979 founding with Harvey.

Miramax's 1989 film, titled "Sex, Lies, and Videotape", was a significant breakthrough for the company and became one of its most popular films.

The Walt Disney Company acquired Miramax in 1993.

The Weinstein brothers managed to keep their financial and creative freedom until 2005 when they joined Walt Disney Company.

The Weinstein Company was an independent film studio in New York City that was established by the couple in 2005. Weinstein was fired after numerous women filed sexual harassment complaints against him.

The Weinstein Company's Top-Grossing Films

Weinstein is the director of many popular and award-winning films like 'Shakespeare In Love’ and 'Gangs of New York.

But, his latest film Tulip Fever was an absolute disaster.

Harvey has 328 credits according to IMDB data. He is also an executive producer and producer of television and film. Weinstein funded other projects.

What's next at The Weinstein Company?

Variety reports that Lantern Capital (a Texas-based private equity company) has closed the $289 million acquisition of the former powerhouse. This happened months after Harvey Weinstein was expelled from the film industry due to a string of explicit allegations of sexual misconduct.

Harvey Weinstein's Homes and Real Estate

Harvey, Georgina Chapman had multiple properties and real property worth millions of dollars.

They sold a house for $1.65million a few days before the scandal was made public.

Two homes in Connecticut have been valued at $7 million $8.5million. They hosted an enormous fundraiser for Obama in 2012.

Harvey Weinstein bought his former Westport, Conn. house for $1.65million.

Weinstein bought a former Westport, Conn. house for $1.65million.

Weinstein and Chapman have sold their second home, a Hampton home measuring 9,000 square feet on the Amagansett seaside. It was unavailable for sale at the previous asking prices of $128million to $ 135million.

Harvey Weinstein's 9,000 sq. ft. in Amagansett Hamptons.

Harvey Weinstein's Amagansett house is fully furnished

Harvey Weinstein's Amagansett house has one of its living areas featuring multiple Academy Award statues.

Variety reports that Weinstein and Chapman bought a New York City house for $ 15,000,000 in 2007. Weinstein also spent $ 155 million on a Beverly Grove home for one of his children.

Harvey Weinstein's Causes & Political Donations

Harvey Weinstein has been a long-standing advocate for democratic politics and progressive politics.

According to the Hollywood Reporter, he told Jay Z last April that he was planning to work with Jay Z on a film about Trayvon Martin. Weinstein's mother will also be supported by a private foundation. The foundation supports everyone, "from LGBT to women’s rights, more female directors and the National Endowment of the Arts. "

Business Insider reported that Weinstein has contributed $23 million since 2000 to Democratic Party candidates and committees.

Weinstein's donations were a blessing to many government officials, including U.S. Presidents Elizabeth Warren, Cory Booker, and Chuck Schumer. They announced that they would donate the donations to organizations and groups that support women.

Weinstein was a strong supporter both of the Hillary Clinton and Barack Obama campaigns. Both condemned Weinstein's actions and praised the bravery and courage displayed by the victims.

Weinstein offered $5 million to USC's School of Cinematic Arts in support of scholarships for women directors. The school turned down the offer.

Rutgers University, New Jersey, has decided not to return the $ 100,000 donation made by the Weinstein Foundation in support of equality for women.

Harvey Weinstein's Influence

Weinstein has been feared by Hollywood and the media for many decades. The Guardian reported in 2012 that Weinstein is a man people don't want to talk about or are skeptical of.

Journalists were encouraged to tell their Weinstein stories after the revelations about sexual abuse. This exposed Weinstein's misuse of power, wealth, and intimidation to hide his crimes against women victims.

Rebecca Traister, a New York journalist, shared a 2000 story. Weinstein called her "c ***" and she knocked Andrew Goldman down, a fellow journalist before dragging him down Main Street.

"Harvey could spin-and/or suppress anything; there were so many Journalists on his payroll either as screenwriters, film project consultants, or screenwriters for his magazine," Traister wrote.

Tina Brown (New Yorker editor and founder of Talk magazine) wrote

Marianne Garvey is an ex-New York Daily News gossip Editor. She recalls an incident in which Harvey Weinstein tried to force her hand with manipulative celebrity names such as Oprah Winfrey and Jennifer Lopez.

Harvey Weinstein is well-known for his willingness and ability to take legal action against anyone that wasn't in his favor. Ronan Farrow, the journalist who covered the New Yorker expose, revealed that Weinstein had threatened to sue Farrow personally.

Sexual Assault/ Sexual Harm

Weinstein was forced to answer several allegations of sexual assault by women, including one made by Ashley Judd 20 years ago.

The Weinstein Company fired him in October 2017.

Harvey was then effectively expelled from all entertainment industry production guilds. This left him powerless and unemployed.

Harvey Weinstein was reported as having reached a $44million settlement with his victims.

$30 million would be paid to the plaintiffs in the lawsuit against Weinstein. Rest would go to Weinstein's legal fees (mostly former Associates), which are also defendants in litigations.

Harvey Weinstein’s insurance companies would pay the bulk of the settlement.

The settlement was reached at $25 million, according to reports in December 2019. An insurance company will pay the $6.2 million settlement. It will then be divided among the victims.

Each would not receive more than $500,000. Each would get no more than $500,000.

Harvey Weinstein was eventually defeated in the first-degree criminal sex offense and third-degree cases of rape and was sentenced to 23 years.

Fashion Brand Marchesa Facing Backlash In Light Of Harvey Weinstein Scandal

Harvey's involvement with the promotion of the brand put at danger Harvey's ex-wife’s fashion business.

Marchesa planned to launch a new line of engagement rings in partnership with Helzberg Diamonds. The deal was canceled after Harvey Weinstein's allegations of sexual harassment were published by The New York Times.

Keren Craig and Georgina Chapman, her cofounders, canceled the company's 2018 summer runway preview show in October.

Marchesa was the subject of significant social media backlash. Many people urged others to boycott Marchesa because they were afraid that the scandal would lead to Marchesa's demise.

The company's main source of income is from its bridal gowns line. Many of the collection's customers, especially the brides, have criticized the brand. They claim that they don’t want to associate with any sex offenders.

Lila Feinberg is one of them. She was also the ex-fiancee to Amazon's programming chief and was also charged with a sex offense. Feinberg broke off her engagement with Roy Prince.

The red-carpet business includes well-known actresses such as Cate Blanchett and Rene Zellweger.

Weinstein encouraged actresses in The Weinstein Company films to wear a Marchesa gown on the red carpet. This had a huge impact on Chapman’s fashion brand.

Harvey Weinstein & Georgina Chapman finally reached an agreement after three months of separation.

Sources claim Harvey will pay Georgina between $15 million and $20 million for the divorce settlement.

Does Harvey Weinstein Still Get Royalties?

While Weinstein's global network of companies is not known to everyone, everybody agrees that Weinstein still makes money from his movies and most likely from all of them through profit-participation arrangements.