Business Insider Edition

Steven Spielberg is one of the wealthiest filmmakers in the world. Take a look at what the billionaire's life is really like

Katie Warren , Business Insider US
 Jun 30, 2019, 09:15 AM
  • American filmmaker Steven Spielberg is one of the most celebrated figures in Hollywood.
  • He's directed and produced more than 100 feature films that have made more than R354 billion at the box office.
  • Forbes estimates Spielberg's net worth to be R52 billion, while Bloomberg's Billionaires Index puts it at a much higher R86 billion.
  • Spielberg has seven children and has been married to retired actress Kate Capshaw for more than 27 years.
  • For more stories, go to Business Insider SA.

Billionaire filmmaker Steven Spielberg is one of Hollywood's most well-known and celebrated figures.

Over his more than 50-year film career, Spielberg has directed and produced more than 100 feature films that have made more than $25 billion (R354 billion) at the box office. He's the cofounder and principal partner of movie production company DreamWorks Studios.

His net worth is estimated at somewhere between $3.7 billion (R52 billion) and $6.08 billion (R86 billion).

The Hollywood billionaire has been married for 27 years, has seven children, and has owned real estate in California, New York City, and the Hamptons.

Here's a look at what Spielberg's life is really like.


American filmmaker Steven Spielberg is one of the most celebrated figures in Hollywood.

Axelle/Bauer-Griffin/FilmMagic

Source: Bloomberg


Spielberg has directed and produced more than 100 feature films that have made more than $25 billion (R354 billion) at the box office.

Source: IMDb, Bloomberg


He's the principal partner of movie production studio DreamWorks Studios, which he cofounded in 1994 alongside Jeffrey Katzenberg and David Geffen.

Source: Amblin


Spielberg is also one of the richest people in Hollywood. Forbes estimates Spielberg's net worth to be $3.7 billion (R52 billion), while Bloomberg's Billionaires Index puts it at a much higher $6.08 billion (R86 billion).

Source: Forbes, Bloomberg


Most of Spielberg's wealth has come from his films, but he's also a consultant for Universal theme parks, and he profited from the sale of DreamWorks Animation to NBCUniversal for $3.8 billion (R53 billion) in 2016, according to Forbes.

Source: Forbes


Spielberg was interested in film from an early age. Born in Cincinnati, Ohio, he made eight-millimeter films with his friends as a teenager.

Source: Bloomberg


He sometimes made horror films with his younger sisters.

Source: CNN


Spielberg's first feature film was "Firelight," which was released in 1964. IMDb describes the storyline as "menacing flying saucers attack the citizens of a town."

Source: IMDb


Spielberg attended college at the California State University, Long Beach after being rejected from the University of Southern California (USC) School of Cinema Arts twice.

Source: CNN


He later dropped out of college after he was offered a job at Universal Studios, but he came back and finished his bachelor's degree in Film Production and Electronic Arts in 2002.

Source: Bloomberg


Spielberg became a prominent figure in Hollywood after the release of his 1975 movie "Jaws," which is considered the first "summer blockbuster."

Source: CNN


It made $60 million (R849 million) within the first month that it was in theaters.

Universal Pictures

Source: CNN


Spielberg went on to direct mega-hits including "E.T. The Extra-Terrestrial," about a gentle alien who becomes stranded on Earth, as well as "Jurassic Park" and "Schindler's List."

Universal Pictures

Source: Amblin


In 1998, "Saving Private Ryan" won Spielberg that year's Academy Award for best director.

Paramount Pictures

Source: Bloomberg


In 1981, Spielberg released "Indiana Jones: Raiders of the Lost Ark," starring Harrison Ford, which was the year's highest grossing film.

Source: IMDb


On the set of the sequel, the 1984 film "Indiana Jones and the Temple of Doom," Spielberg met and became close with actress Kate Capshaw.

Bryn Colton/Getty Image

Source: IMDb


In the film, Capshaw played cabaret singer Willie Scott, the female lead, alongside Harrison Ford.

Source: IMDb


Spielberg and Capshaw married in 1991 and have been together for more than 27 years.

Stephane Cardinale - Corbis/Corbis via Getty Images

Source: IMDb


Spielberg was previously married to actress Amy Irving. The couple shares a son, Max, who is also in the acting business.

Source: Los Angeles Times


Spielberg and Capshaw share six children, including two from a previous marriage and two who were adopted.

Bruce Glikas/FilmMagic

Theo Spielberg, who was adopted, and Jessica Capshaw are Kate Capshaw's children from a previous marriage.

Capshaw and Spielberg share four more children: Sasha Spielberg, Sawyer Spielberg, and Destry Allyn Spielberg, and adopted daughter Mikaela.


Several of the Spielberg children are involved in creative industries. Theo, who was adopted in Capshaw's previous marriage, and Sasha formed an indie folk rock band called Wardell in 2012 and have since toured with Ryan Adams and opened for Vampire Weekend, Grimes, and Haim.

Source: Vanity Fair


Spielberg's daughter, Destry Spielberg, dropped her last name to pursue acting, and now goes by Destry Allyn.

Tony Barson/FilmMagic

Source: Town and Country Magazine


"I grew up around [the film industry], so I was like, 'I'm going to stay away,' but I ended up falling in love with it," she told Town and Country Magazine in a 2018 interview.

Source: Town and Country Magazine


Some of Spielberg's children have had small roles in some of his films, such as when Sawyer Spielberg played a "plaza protester" and Sasha Spielberg played a "women with package" in 2017 film "The Post."

Source: IMDb


Spielberg is the stepfather of actress Jessica Capshaw, his wife's daughter from a previous marriage.

Axelle/Bauer-Griffin/FilmMagic

Source: People


Jessica Capshaw is an actress known for her role as Arizona Robbins in the medical drama "Grey's Anatomy."

Source: IMDb


Spielberg is also the godfather of two Hollywood superstars: Drew Barrymore and Gwyneth Paltrow.

Steve Granitz/WireImage

Source: Vanity Fair


Barrymore acted in Spielberg's "E.T. The Extra-Terrestrial" when she was just seven years old. Spielberg became her godparent when she was a teenager.

Universal Pictures/IMDb

Source: Vanity Fair


Paltrow, who had a small role in Spielberg's 1991 movie "Hook," is also his goddaughter.

Source: IMDb


Spielberg and his wife live in Pacific Palisades, an upscale residential neighborhood with ocean views and hiking trails.

Source: Patch, Compass


Their home is a tile-roofed stucco mansion they bought in the late 1990s. It sits on a three-acre hillside and counts "Gone with the Wind" producer David O. Selznick and actor Cary Grant among its former owners.

Getty Images

Source: Architectural Digest


Spielberg and his wife have accumulated a sizable real-estate portfolio across the country. In 1989, they bought a property in Malibu and later bought an adjacent property in 2000 for a total of $6.57 million (R92 million). They sold the spread for $26 million (R367 million) in 2015.

Source: Curbed


The Spielbergs own a vacation home in Georgica Pond, a coveted area of the Hamptons.

Getty Images

Source: Curbed


Their Hamptons neighbors reportedly include Beyoncé and Jay-Z and billionaire Ronald Perelman.

Mike Coppola/Getty Images

Source: Architectural Digest


In the late 1990s, President Bill Clinton and First Lady Hillary Clinton spent at least two weekends at the Spielbergs' Hamptons home.

Source: Reuters


Spielberg has also owned property in New York City.

Source: Curbed


At one point, he owned a condo in the trendy Tribeca neighborhood in a star-studded building that has counted Taylor Swift, Orlando Bloom, and Peter Jackson among its celebrity residents.

Google Maps

Source: Curbed


Spielberg has been known to cruise the world on his yacht, stopping in locations including Portofino, Italy, Shanghai, and Hawaii. The director bought a yacht called The Seven Seas for $184 million (R2.6 billion), but in 2015 he put the 282-foot vessel up for sale because it wasn't big enough, according to the Daily Mail.

Source: The Daily Mail


Spielberg has been seen driving around Los Angeles in a Tesla Model S ...

Getty Images

Source: Daily Mail


... and he's reportedly an avid video game player in his spare time.

Source: Den of Geek


Over the years, Spielberg's films have earned him more than 190 awards and more than 200 nominations.

Source: IMDb


He won his first Oscar for 1993's "Schindler's List," which won both Best Picture and Best Director.

Source: IMDb


He went on to win another Oscar for "Saving Private Ryan," as well as nominations for "War Horse," "Lincoln," and "The Post."

Source: IMDb


He was awarded a star on the Hollywood Walk of Fame in 2003.

Source: HWOF


And in 2015, Spielberg was awarded the Presidential Medal of Freedom by President Barack Obama.

Source: CNN


Spielberg is Jewish and has spoken publicly about how he was bullied for his religion as a child, which is partially what led him to found the USC Shoah Foundation in 1994 to videotape and preserve interviews with Holocaust survivors and witnesses. The foundation has collected 115,000 hours of video testimony.

Source: NBC, USC Shoah Foundation

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