US EditionGodfather Director Says He’s ‘Broke,’ Sells Private Island for $1.8M Following Film Flop
Francis Ford Coppola sold his 2.5-acre Coral Caye island for $1.8 million after investing $120 million in Megalopolis, which grossed only $14.4 million worldwide.
- Francis Ford Coppola sold Coral Caye, a private island in Belize, for $1.8 million after leasing it for years, with Peter McLean of Corcoran Group saying he was very sad to see the lease end.
- After Megalopolis's failure, Francis Ford Coppola sold assets following his $120 million personal financing of the film and debut at the 2024 Cannes Film Festival.
- To cover losses, he sold a one-of-a-kind F.P. Journe watch worth at least $1 million, while Megalopolis features Adam Driver, Shia LaBeouf, Aubrey Plaza, Nathalie Emmanuel and Jon Voight.
- Peter McLean said Mr. Coppola was very sad to see Coral Caye's lease end, while Coppola said the island might return to him over 15 or 20 years but not now.
- Coppola emphasized nonfinancial values, saying `What is important are the friends`, and noted Coppola's children have successful careers but not a fortune.
19 Articles
19 Articles
By Gonzalo Jiménez, CNN en Español Director Francisco Ford Coppola, director of the “The Godfather” saga, sold his private island in Belize at US$ 1.8 million after the box office failure of his 2024 movie “Megalopolis”, according to reports. Mansion Global was the first to report the news. Coppola financed with US$ 120 million of its own fortune to finance “Megalopolis,” according to The Hollywood Reporter.
By Gonzalo Jiménez, CNN en Español Director Francisco Ford Coppola, director of the “The Godfather” saga, sold his private island in Belize at US$ 1.8 million after the box office failure of his 2024 movie “Megalopolis”, according to reports. Mansion Global was the first to report the news. Coppola financed with US$ 120 million of its own fortune to finance “Megalopolis,” according to The Hollywood Reporter.
‘Megalopolis’ director Francis Ford Coppola sells Belize Island for $1.8 million after film’s financial loss.
I'm looking forward to the new work
Coverage Details
Bias Distribution
- 82% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
