On the heels of Christopher Nolan potentially being paid a jaw-dropping salary for his critically acclaimed film Oppenheimer, it appears that even rivals Hollywood legend Steven Spielberg. While the exact figures have not been confirmed, rumor has it that the British-American filmmaker might have been paid an estimated $72 million for the $960 million 2023 film.
For comparison, Spielberg, one of the highest-paid directors in the movie business, is said to charge between $20 and $25 million (or sometimes more) per film. So when you do the math, it’s not hard to see how Nolan’s potential pay might give Spielberg stiff competition.
Spielberg is credited with creating many successful films, including Jaws (1975), Indiana Jones and the Last Crusade (1989), Saving Private Ryan (1998), Indiana Jones and the Raiders of the Lost Ark (1981), Jurassic Park (1993), and others.
The Mind-Blowing Numbers Behind Christopher Nolan’s Oppenheimer Pay
Having directed box office hits like Inception, Interstellar, and The Dark Knight trilogy, Christopher Nolan is no stranger to high-end productions. Being a highly inventive filmmaker of his generation, he has gained recognition for his distinct storytelling approach and meticulous attention to detail. With Oppenheimer, the filmmaker, 53, beautifully tackled the story of J. Robert Oppenheimer, the physicist who led the Manhattan Project during WWII.
The rumors swirling around his salary for the Cillian Murphy-starrer film suggest that he might have earned upwards of $70 million. According to Forbes, he receives 15% of Oppenheimer’s “first-dollar gross”, which means that he is compensated with a portion of every dollar the film makes even before the studio covers its costs.
With fees for his agent and attorney deducted, Nolan will take home an estimated $72 million pre-tax from the film’s box office haul, home video sales, and licensing during its first window of streaming ($85 million gross). As the film is licensed for many years to come and is resold to streamers, the total will keep growing. That’s quite a number!
Also, six of his last seven films, including the last two The Dark Knight films, have made more than $500 million (Tenet, was released during the pandemic and still managed to gross an astounding $365 million).
Even fans can’t resist acknowledging his achievements; let us hear a few of the tweets:
$72 million? Nice! Here's me trying to figure out how I'm going to pay my rent next month. pic.twitter.com/2uXNdSfC75
— Daddy Redux 👾 (@DaddyReduxx) March 8, 2024
That’s quite a lot of money
— Royal_1 (@Royal_royaltyy) March 8, 2024
That’s wild. Well deserved to Nolan, he made one great film
— Truly Pete (72%)👽 🔜 Some Rave Eventually (@AStateofPete) March 8, 2024
He brought the 70mm back to life. Deserves every bit of that money the film made!
— satish badugu (@satish_faction) March 9, 2024
Well deserved! Amazing movie.
— Tourens (@tourensexe) March 8, 2024
He's the biggest movie maker right now, and oppenheimer made so much, he deserves it for the work he put in.
— Stanley tamz (@StanleyTamz) March 8, 2024
Of course, with great talent comes great remuneration. And in an industry dominated by big budgets and A-list talent, it is not surprising that Nolan is cashing in on his success.
A Look at Steven Spielberg’s Estimated Net Worth for 2024
Worldwide recognition for Steven Spielberg’s films and his status as one of the industry’s most successful directors have made him a household name. The 77-year-old director is not only one of the most prominent and respected producers/directors, but he is also among the richest.
Spielberg’s estimated net worth is $4.8 billion, according to Forbes. His yearly salary is estimated to be $150 million.
Even without factoring in inflation, Spielberg is one of the highest-grossing directors of all time, with films that have brought in an incredible $10.1 billion worldwide (per Parade).
In exchange for a share of the film’s backend earnings, the Ohio-born director frequently accepts low upfront salaries. This is how he was able to earn an estimated $250 million (roughly $360 million) for the first Jurassic Park. The follow-up, The Lost World, brought him about $150 million, and Jurassic Park III (2001), which he did not even direct, brought him $75 million.
While he may have to contend with feeling a bit inferior in the face of Christopher Nolan’s rumored salary for Oppenheimer, it’s hard to argue that both directors have contributed significantly to cinema. With that said, Spielberg’s legacy is secure, as is his influence on the movie business.
And yes, Oppenheimer can be streamed on Peacock Premium!