At a New York court hearing, Robert De Niro stated that the pandemic caused by the new coronavirus it has drastically reduced its resources, so it has had to cut spending dramatically.
The information is from the Page Six website, which revealed that the actor’s representatives were in the audience because of a lawsuit filed by his ex-wife, Grace Hightower, who split up in 2018. She had asked to increase her credit card limit from $ 50,000 to $ 100,000, but Robert’s defense claimed that he had a lot of financial problems in the ventures of which he is a partner.
According to lawyers, there was a sharp drop in Robert’s shares in the Nobu restaurant franchise and also at the Greenwich Hotel. The two segments were the most affected by the pandemic, which caused the closure of bars and restaurants, and dramatically decreased the number of trips.
According to Caroline Krauss, one of the actor’s lawyers, Nobu lost 3 million dollars (16 million reais in current price) in April and 1.87 million dollars (almost 10 million reais) in May.
Krauss told the judge that, for the prenuptial agreement signed by the ex-couple in 2004, the actor must pay Grace 1 million dollars (about 5 million reais) per year – as long as he receives 15 million dollars (80 million reais) per year or more. If the yields are lower, the transfer to the former also falls proportionally.
“Her finance manager says that at best for Mr. De Niro, if everything starts to improve this year, he will be lucky if he can make $ 7.5 million,” explained Krauss at the hearing.
The lawyer also said that Robert has already received almost everything he should have for starring in the film “The Irishman”, directed by Martin Scorsese and nominated for 10 Oscars at this year’s ceremony. He is yet to receive about $ 2.5 million ($ 13 million) in 2020 and 2021.
“These people, despite the hefty earnings, have always spent more than he receives, so this 76-year-old man could not retire even if he wanted to, because he cannot afford the expenses of that lifestyle,” concluded Krauss.