“The Godfather” director Francis Ford Coppola said he’s run out of money after self-financing his vanity project, “Megalopolis.”
The 85-year-old filmmaker discussed his financial woes during a recent episode of Rick Rubin’s podcast, per SF Gate. “I don’t have any money because I invested all the money, that I borrowed, to make ‘Megalopolis.’” Coppola said. “It’s basically gone. I think it’ll come back over 15 or 20 years, but I don’t have it now.”
The Academy Award-winning filmmaker added that any future self-funded projects would have to be made “very cheap.”
“As a director, I don’t care if I lose all the money I have,” he told Rubin. “I didn’t do this to make money, I did this to do something more beautiful than making money.”
Fans and critics were underwhelmed by the overly expensive project, which premiered in September. In February, Coppola won a Golden Raspberry Award for worst director.
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