Al Pacino Net Worth (Money & Salary)

Al Pacino Net Worth (Money & Salary)

Al Pacino Net Worth (Money & Salary)
February 12, 2025

What is Al Pacino’s net worth and salary?

With a net worth estimated at $40 million, Al Pacino is a prominent American actor known for his work in both film and theater. His financial status could have been significantly higher; however, he is well-known for his poor financial management. During his prime in the 1990s, he reportedly spent up to $400,000 each month to maintain his lifestyle, including an annual landscaping expense of $400,000. Furthermore, in the 2000s, he lost a considerable amount of money due to a dishonest accountant who ended up in prison. In his memoir released in 2024, Al mentioned that he agreed to co-star with Adam Sandler in the 2011 film “Jack and Jill” because at that time he “had no more money.” He also revealed that he accepted roles in “Righteous Kill” (2008) and “88 Minutes” (2007) solely for financial reasons. Currently, Al holds an open-ended contract with HBO, where he earns $10 million for each exclusive HBO movie, having completed three to date. Additionally, he earned $20 million for his role in Martin Scorsese’s “The Irishman” in 2019.

Celebrated as one of the greatest actors in history, Al Pacino’s career spans over five decades. To date, he has received numerous accolades, including an Academy Award, two Tony Awards, and two Primetime Emmy Awards.

Al Pacino gained fame after landing the role of Michael Corleone in Francis Ford Coppola’s “The Godfather” (1972). His heartfelt portrayal of the hesitant mobster earned him an Academy Award nomination. He reprised this role in the film’s highly acclaimed sequels, establishing his legacy as a Hollywood icon. Pacino’s distinguished career is decorated with numerous critically lauded performances, such as his roles in “Serpico” (1973), “Dog Day Afternoon” (1975), and “Scarface” (1983). His portrayal of a blind lieutenant colonel in “Scent of a Woman” (1992) earned him his first and only Academy Award for Best Actor.

Beyond his film accomplishments, Pacino has made a significant impact in the theater world, securing Tony Awards for his performances in “Does a Tiger Wear a Necktie?” (1969) and “The Basic Training of Pavlo Hummel” (1977).

Early Life

Born Alfredo James Pacino on April 25th, 1940, in East Harlem, Manhattan, Al Pacino’s parents separated when he was just two years old. Afterward, he and his mother relocated to live with his grandparents in the Bronx, who were Italian immigrants from Corleone, Sicily. Al’s father, originally from San Fratello, Sicily, moved to Covino, California, during Al’s upbringing.

Pacino had a difficult relationship with education. He attended Herman Ridder Junior High School but opted to drop most classes, excluding English. He later auditioned for and gained entry into the High School of Performing Arts, which enraged his mother. Following a heated argument, Al chose to move out on his own, supporting himself through various odd jobs, including janitorial work, messenger duties, and busboy tasks.

Struggling Actor

During this challenging phase, Al sought acting gigs wherever possible. Frequently facing unemployment and homelessness, he took part in underground theater productions in basements throughout NYC. Auditions for acting companies often ended in rejection. However, he eventually gained acceptance into HB Studio, where he found a mentor and close friend in teacher Charlie Laughton.

After spending four years at HB Studio, he auditioned for the prestigious Actors Studio, which is home to some of the nation’s most accomplished actors and playwrights. Here, he learned method acting from renowned instructor Lee Strasberg. Reflecting on this experience, Pacino remarked:

“The Actors Studio meant so much to me in my life. Lee Strasberg hasn’t been given the credit he deserves … Next to Charlie, it sort of launched me. It really did. That was a remarkable turning point in my life. It was directly responsible for getting me to quit all those jobs and just stay acting.”

In 1967, Al performed in Boston at a playhouse, which featured him in “Awake and Sing!” earning a career-high $125 per week.

In 1968, he led the cast in Israel Horovitz’s play “The Indian Wants the Bronx.” The play garnered 177 performances, and entertainment manager Martin Bergman was so captivated by Pacino’s talent that he signed him on the spot, beginning a successful partnership. It was Bergman who encouraged Pacino to accept roles in “The Godfather,” “Serpico,” and “Dog Day Afternoon,” establishing him as one of the most talented actors of his era.

Success

Al Pacino made his cinematic debut in 1969 with the film “Me, Natalie,” followed by “The Panic in Needle Park,” which caught the attention of director Francis Ford Coppola, leading to his casting as Michael Corleone in “The Godfather.” This pivotal role earned him his initial Oscar nomination. Pacino continued to amaze audiences in several classics, including “Serpico,” “And Justice for All,” “Dog Day Afternoon,” and “The Godfather Part 2” (he later reprised his role in “The Godfather Part 3”).

The 1980s were somewhat quieter for Pacino, although in 1983 he portrayed Tony Montana in “Scarface.” Though the film received negative reviews, it performed well at the box office and solidified Pacino’s status as an iconic character.

Other significant roles in Pacino’s filmography include “Dick Tracy,” “Scent of a Woman,” “The Devil’s Advocate,” “Any Given Sunday,” “Insomnia,” “Phil Spector,” “Paterno,” “Once Upon a Time in Hollywood,” and “The Irishman.” He won the Academy Award for Best Actor in 1993 for “Scent of a Woman” and has received a total of eight Oscar nominations, boasting just one win.

Salary Highlights

For his role in the original “Godfather” in 1972, Al earned $35,000, which translates to approximately $215,000 today after adjusting for inflation. His salary rose to $500,000 for the sequel, equating to around $2.6 million in current dollars. More notably, he acquired 10% of the film’s gross earnings after recouping expenses, eventually amassing bonuses amounting to tens of millions. For the third installment, Al demanded $7 million plus a share of the gross receipts prior to costs; Francis Ford Coppola declined and threatened to start the third movie with Michael Corleone’s funeral scene. Ultimately, Al settled for a flat $5 million.

For his performance in 1992’s “Glengarry Glen Ross,” Pacino received $1.5 million, and the following year, he earned $6 million for “Carlito’s Way.” By the mid-1990s, Pacino’s film appearances guaranteed him a consistent income of over $10 million each, regardless of the project size. For instance, he earned $11 million for the 2002 film “S1m0ne,” which was considered a relative failure in his career.

Currently, Al has a multi-year contract with HBO that ensures a guaranteed payment of $10 million for any feature film he stars in for the network. To date, three films, including “You Don’t Know Jack,” “Paterno,” and “Phil Spector,” have resulted from this agreement.

The Irishman Salary

For their roles in Martin Scorsese’s 2019 Netflix film “The Irishman,” Al Pacino, Robert De Niro, and Joe Pesci each reportedly earned $20 million. Their combined salaries comprised almost half of the film’s overall budget, marking a record career-high salary for all three actors prior to backend royalties.

Financial Problems

As stated in his 2024 memoir, “Sonny Boy,” in 2011, Al began to notice concerning signs indicating that his accountant may not be trustworthy. Initially, he observed that the accountant was spending “a ridiculous amount of money to rent a lavish home in Beverly Hills.” Furthermore, while on a family vacation to Europe,…

Everyone was flown out “on a gorgeous Gulfstream 550” and “a whole floor of the Dorchester hotel in London was rented.” At some point later, Al discovered that he had run out of money. “I was broke. I had $50 million, and then I had nothing. I had property, but I didn’t have any money.”

“In this business, earning $10 million for a film doesn’t translate to receiving $10 million. After paying the lawyers, agents, publicists, and the government, what you end up with isn’t $10 million, but $4.5 million in your pocket. Yet you are living lavishly because you’re on a high. That’s how you end up losing it all. It’s quite odd the way it unfolds; the more you earn, the less you truly have.”

“The magnitude of the money I was spending and its destination represented a bizarre montage of loss. The landscaper was charging $400,000 a year, and it’s no exaggeration. The expenses just continued to accumulate. Keep in mind, that was for landscaping at a home I didn’t even reside in.”

“I wasn’t exactly a young buck, nor was I going to bring in the types of income from acting in films that I had previously enjoyed. The big paychecks that I once took for granted had dried up. The pendulum had shifted, and I struggled more to land roles for myself.”

Gareth Cattermole/Getty Images

Personal Life

Al Pacino has never tied the knot. He has multiple children, the eldest of whom, a daughter, comes from a relationship with acting coach Jan Tarrant. He also has twins, a boy and a girl, with actress Beverly D’Angelo, with whom he dated from 1996 to 2003. Al was in a decade-long relationship with actress Lucila Polak from 2008 until 2018.

In May 2023, it was announced that Al was expecting a child with girlfriend Noor Alfallah. On the announcement day, Noor was 29 years old, while Al was 83. This news followed closely after it became known that 79-year-old Robert De Niro had just welcomed his seventh child. Al and Noor welcomed their baby on June 15, 2023. However, they eventually parted ways, and in November 2023, Al agreed to provide Noor with $30,000 per month in child support, along with $15,000 annually to be placed in an education fund, plus coverage for all medical expenses and insurance. When the child was an infant, Al was paying $13,000 monthly for a night nurse.

Real Estate

Al Pacino owns residences in Beverly Hills, California, and New York City. His Beverly Hills home, where he has lived for over ten years, is a mansion that he rents. Upon moving in, the property belonged to the late novelist Jackie Collins. In 2016, Jackie’s estate sold that home along with the adjacent one for a combined total of $30 million, but Pacino has still been able to continue as a tenant. In 1979, Al purchased a large property in Palisades, New York, for $375,000. In 2013, he bought a neighboring three-acre lot for $3.3 million. He has also owned properties in New York City at different times but has opted to rent in recent years. It seems Al prefers the renting lifestyle!

Thank you for reading this article about Al Pacino Net Worth (Money & Salary).

Data is from 2023 and 2024, with forecasts extending to 2025 and 2026, and projections also including 2027 and 2028.
Post Title: Al Pacino Net Worth (Money & Salary)
Last Updated: February 12, 2025