“I come from poverty”: Even Getting Replaced by Mark Wahlberg in $5.2B Franchise Won’t Stop Former Disney Channel Actor from Securing His Financial Future

"I come from poverty": Even Getting Replaced by Mark Wahlberg in $5.2B Franchise Won't Stop Former Disney Channel Actor from Securing His Financial Future
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Shia LaBeouf became a bonafide Hollywood superstar after his blockbuster gig with the Transformers franchise. The talented actor went from strength to strength by taking on varied roles to become one of the most bankable young actors in the industry. But LaBeouf’s childhood was anything but smooth.

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Shia LaBeouf
Hollywood star Shia LaBeouf

The Borg vs McEnroe star grew up in poverty in a family of starving artists in Echo Park, California. The financial struggles they faced forced LaBeouf to work by taking up small gigs from when he was 10 years old. Interestingly, his experience facing hardship from a young age took the actor on a very different path towards securing his financial independence in his adulthood, thanks to a film that he was part of.

Also Read: “You’re a good actor but not this one”: Shia LaBeouf Revealed WB Gave His Role to Clint Eastwood’s Son in $747M Movie That Almost Starred Tom Hardy

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Wall Street: Money Never Sleeps Started Shia LaBeouf’s Relationship With Stock Trading

In 2010, Shia LaBeouf starred with Michael Douglas in Wall Street: Money Never Sleeps, a sequel to the latter’s iconic film, Wall Street. The film was an eye-opener for the Disturbia star in many ways. LaBeouf, who admitted that he had absolutely no knowledge about the workings of Wall Street and how stock trading was done, decided to educate himself on the world of investments by taking a crash course of sorts with an investment company.

Shia LaBeouf
Shia LaBeouf and Michael Douglas in Wall Street 2

This deep dive into the world of money then led to the Transformers actor completely committing to creating financial security by opening his own account for trading. Speaking to The Daily Mail about his humble beginnings that was in stark contrast to his current life, LaBeouf said,

“I still trade every morning. I come from poverty and it’s like night and day. My mother laughs about it: she went on welfare, we had no money and now I’m trading $300,000 in the morning. It’s outrageous.”

LaBeouf also credited his team of advisers who worked with him constantly to ensure that he was making the right decisions with regard to where he invested his money. The actor also revealed that there was a good side to Wall Street that wasn’t always about the greedy desire to only make money at all costs.

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Also Read: “Who doesn’t wanna be played by Mel Gibson”: Shia LaBeouf Lied To His Father For Selfish Reasons After Meeting Him For the First Time in 7 Years

Shia LaBeouf Was In Awe Of His Wall Street 2 Co-Star Michael Douglas

In 2010, Shia LaBeouf got the unique opportunity to star with Oscar winner Michael Douglas in the sequel to Oliver Stone’s cult classic Wall Street. Apart from working with a prolific filmmaker in Stone on a blockbuster narrative, the Honey Boy star was also privileged to share screen space with one of Hollywood’s biggest icons. Speaking to US Weekly about the surreal experience of working with Micheal Douglas, LaBeouf said,

“He’s got a nice way of easing everybody’s tension. When you walk onto a set like this, where it’s sacred ground, there’s a legacy at stake. But your mascot puts you at ease. He is a wolf, and he is a strong man.”

Shia LaBeouf
Shia LaBeouf is a fanboy of Michael Douglas

The Man Down actor also revealed that Douglas, despite having a few ongoing personal challenges at the time, never let his vulnerabilities get in the way of his performance or his behavior towards his co-stars on set.

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Also Read: “Hardy is a bit of a gorilla on the set”: Shia LaBeouf Felt “Most Intimidated” By Dark Knight Star, Claimed “He runs the set… feels like his space”

Source: The Daily Mail, US Weekly

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Written by Sharanya Sankar

Articles Published: 1023

Sharanya Sankar, Writer for Fandomwire
Having completed her Masters degree in Journalism and Mass Communication, Sharanya has a solid foundation in writing which is also one of her passions. She has worked previously with Book My show for a couple of years where she gained experience reviewing films and writing feature articles. Sharanya’s articles on film and pop culture have also been published on Film Companion, a popular film-based website. Apart from movies and pop culture, her interests include music and sports. She has contributed over 650 articles to Fandomwire so far.