Robert De Niro Whines That COVID Hurt His Finances: ‘Lucky If He Makes $7.5 Million This Year’
Tone deaf Robert De Niro touted his financial woes at his divorce trial saying he'll be lucky to make $7.5 million this year thanks to coronavirus.
Hollywood actor Robert De Niro took a break from spouting his signature liberal lunacy to whine about the impact this coronavirus pandemic has had on his finances, saying that he’ll be lucky to make ‘$7.5 million this year’ at his divorce trial.
The “Goodfellas” star is in the throes of a high profile divorce from his estranged wife Grace Hightower. And the latest development in Robert De Niro’s divorce trial proves just how tone deaf this Hollywood elite really is.
One of Hollywood’s most respected actors, Robert De Niro and his wife of 20years Grace Hightower, have filed for divorce. Fans around the world have been saddened by the news since its announcement. The couple got married in 1997. They have two kids together. ☹️ pic.twitter.com/OPkGaEkqLp
— URBAN 96.5 RADIO (@Urban96FM) November 22, 2018
Robert De Niro’s Divorce Trial
Page Six reported that Hightower just asked a judge for an emergency order to raise her American Express card credit limit from $50,000 to $100,000.
De Niro appeared in court with his lawyer via Skype this week after his ex claimed that he cut her monthly allowance in half from $100,000 to $50,000, adding that she and her children had been banned from an upstate compound where the actor was staying throughout the pandemic.
Robert De Niro's lawyer (Caroline Krauss) says the actor's finances have been ruined by coronavirus. Ms. Krauss said "He is going to be lucky if he makes $7.5 million this year." He had a hearing to cut his ex-wife's credit card limit to $50K/month (from $100K/month). Poor you!
— Cee Cee (@kmns4me) July 10, 2020
Subscribe and get our daily emails and follow us on social media.
By opting in, you agree to receive emails with the latest in Lifestyle + Entertainment from TellMeNow. Your information will not be shared with or sold to 3rd parties.
De Niro’s lawyers fired back claiming that he only cut her allowance in half because the pandemic has greatly hurt him financially. They argued that this is largely because the restaurant chains Nobu and Greenwich Hotel, both of which he has stakes in, have either been closed or partially closed for months.
Caroline Krauss, the lawyer representing De Niro, explained to the judge that Nobu lost $3 million in April and another $1.87 million in May.
But, supposedly the restaurants and luxury hotel took more than a dozen PPP loans from the U.S. small business relief program for as much as $28 million, according to government filings.
Anybody miss the irony of raging Trump-basher Robert De Niro benefiting from more than a dozen loans from the Trump administration’s Paycheck Protection Program (PPP)?
— James P. Bradley (@BradleyCongress) July 8, 2020
De Niro also had to borrow money from his business partners to pay his investors $500,000 on a capital call “because he doesn’t have the cash.”
“His accounts and business manager … says that the best case for Mr. De Niro, if everything starts to turn around this year, … he is going to be lucky if he makes $7.5 million this year,” Krauss said.
Cry Me A River, De Niro
Oh boo-hoo. Cry me a river, Robert De Niro.
Millions of Americans are struggling just to put food on the table right now, yet we’re supposed to feel sorry for De Niro because he will ONLY make $7.5 million this year?!
This just goes to show what a prime example he is of a Hollywood liberal elitist who has lost all touch with reality.
And De Niro’s lawyer did not stop there.
“These people, in spite of his robust earnings, have always spent more than he has earned, so this 76-year-old robust man couldn’t retire even if he wanted to because he can’t afford to keep up with his lifestyle expense,” she argued.
Hightower’s lawyer, Kevin McDonough, was thankfully not having any of it. He fired back by saying that “the idea that Mr. De Niro is tightening his belt is nonsense.”
“Mr. De Niro has used the COVID pandemic, my words would be, to stick it to his wife financially,” McDonough said. “I’m not a believer that a man who has an admitted worth of $500 million and makes $30 million a year, all of a sudden in March he needs to cut down [spousal support] by 50 percent and ban her from the house.”
Judge Issues Ruling
Unfortunately, Manhattan Supreme Court Justice Matthew Cooper appeared to see things De Niro’s way, at least in part.
He issued a temporary ruling allowing the actor to keep Hightower’s credit card limit at $50,000 a month, although he did add that De Niro had to pay her $75,000 so that she could find a summer home for herself and their two children to live in.
“I am not requiring at this point that Mr. De Niro restore the credit card to $100,000,” Cooper said. “$50,000 seems to be certainly enough to avoid irreparable harm.”
Here’s hoping that Hightower manages to milk De Niro for every penny that he’s worth in this divorce.