What is Mike Medavoy Net Worth?
$6 million.
Mike Medavoy is a prolific American film producer and executive who has been involved in over 300 films across his decades-long career in Hollywood. Mike Medavoy’s net worth is $6 million as of 2024.
| Full Name | Morris Mike Medavoy |
| Net Worth | $6 Million |
| Birth Date | 21 January 1941 |
| Age | 82 |
| Profession | Producer |
| Update | 2024 |
He is best known for producing acclaimed and commercially successful films like Rocky, Terminator, Platoon and Black Swan. In this article, we will talk about Mike Medavoy’s biography, family, personal life, career, net worth and many more.
Mike Medavoy Biography/Wiki: Early Life & Education
Michael “Mike” Medavoy was born on 21 January 1941 in Shanghai, China to parents of Russian-Jewish descent. He is currently 82 years old as of 2024. He belongs to the American nationality and believes in the Christian religion. His ethnicity is mixed and his zodiac sign is Aquarius.
His father worked in the textile industry. When he was just a child, his family moved to Chile and then later to New York City. From an early age, Medavoy loved films and dreamed of working in Hollywood.
After graduating high school, Medavoy studied at UCLA where he earned a business degree. He also studied for some time at the New York University but did not complete a degree there. During his 20s, he lived in Israel for a few years where he studied at the Hebrew University.
Physical Appearance: Height, Weight & Body Measurements
In terms of physical appearance, Mike Medavoy is approximately 6 feet tall and may be around 70-75 kgs in weight. Details regarding his other body measurements are not conclusively known. Now in his early 80s, he has gray hair and often wears glasses.
Mike Medavoy Family, Wife, Children
Mike Medavoy has been married multiple times over the years. His first wife was Micheline Roquebrune, who he married in 1965. The marriage lasted just over a decade and they share a son – Brian Medavoy.
Medavoy later married Ilene Fischer in 1982 and they have two daughters together – Rachel and Rebecca. This second marriage also ended in divorce after 16 years. In 2003, he wed his third wife, Karen Duffy, with whom he currently resides in Los Angeles.
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Mike Medavoy Net Worth
Having worked at top Hollywood studios and founding his own successful production company, Mike Medavoy has amassed considerable personal wealth over his long and prolific career. Estimates put his current net worth around $6 million.
In the late 1990s, he co-founded Phoenix Pictures which produced many box office hits and earned millions in profits. As Chairman, he would have earned a share of these.
Medavoy has also earned income from his various executive roles at studios like United Artists, Orion Pictures and TriStar Pictures over the decades. Consulting fees and teaching salaries have added to his rising net worth over the years as well.
Details Career
Mike Medavoy began his career in the entertainment industry in the 1960s working in publicity, film acquisition and related areas.
His time working for the Moss Agency and Samuel Z. Arkoff exposed him to deal-making and distribution. He shifted to working for United Artists foreign distribution department in 1969 and learned even more global industry ropes.
By 1974, he had climbed the ranks at United Artists to become Senior Vice President and Head of Production. This gave him creative control and he went onto greenlight Oscar-nominated films like One Flew Over the Cuckoo’s Nest and Rocky.
He later took charge as President of Production for Orion Pictures where Oscar-winning films like Amadeus, Platoon, Dances with Wolves were made under his leadership. He was Chairman of TriStar Pictures in the 90s.
In 1998, Medavoy co-founded Phoenix Pictures which would produce acclaimed films like Shutter Island, Zodiac and Black Swan. As chairman and CEO, he maintained full oversight on content and business operations.
Over his decades-long career, the films made by Medavoy have received more than 35 Oscar nominations!
Awards & Achievements
Here are some of the major awards and achievements of renowned Hollywood producer Mike Medavoy:
Academy Awards (Oscars)
– Although not personally nominated himself, Medavoy has helped produce over 15 Oscar winning films including Rocky, Annie Hall, Apocalypse Now, Amadeus, Platoon, Dances with Wolves and Black Swan.
Golden Globe Awards
– Films he produced have won 10 Golden Globe awards over the years. Medavoy also received the prestigious Cecil B. DeMille Award in 1990 for outstanding contribution to entertainment.
Producers Guild of America
– Awarded the David O. Selznick Lifetime Achievement Award in 2005. Also received Visionary Award & Norman Lear Award.
Publicists of the International Cinematic Arts
– Best Motion Picture Producer of the Year Award in 2001
Will Rogers Motion Picture Pioneers Foundation
– Won the Pioneer of the Year Award in 2007 in recognition of his lifetime contributions
Other Major Awards
– Received American Cinematheque Award, the Sherry Lansing Leadership Award, and more over 4 decades of filmmaking.
Other Achievements
– Appointed by President Obama to serve on federal loan guarantee board
– Awarded honorary fine arts doctorate degree from American Film Institute
– Has shared industry insights in his book “What’s Next: Lessons from 50 Years of Filmmaking”
– Received star on the Hollywood Walk of Fame in 2008
With his films garnering over 300 Oscar nominations and $15 billion in cumulative box office receipts, Medavoy has definitely made a lasting impact on Hollywood history. His awards and achievements cement his legacy as one of the most successful film producers ever.
Facts & Trivia
Here are some interesting facts about producer Mike Medavoy:
1. His career spans six decades in Hollywood from the 1960s until now
2. He studied at both UCLA and Hebrew University in Jerusalem
3. Medavoy has helped make over 300 feature films
4. He co-founded TriStar Pictures which merged with Sony Pictures in the 90s
5. Medavoy has worked with Coppola, Scorcese, Tarantino and many other top directors
6. The 2021 book “What’s Next: Lessons from 50 Years of Filmmaking” shares his experiences
7. Has received Hollywood’s prestigious AFI Lifetime Achievement Award
8. Credited with helping revive United Artists studio in 70s
9. Served as federal loan guarantee board member under Obama
10. Has a star on the Hollywood Walk of Fame since 2008
Conclusion
In summary, Mike Medavoy has enjoyed one of Hollywood’s longest, most successful producing careers spanning over 50 years. With continued oversight of Phoenix Pictures and advisory roles, he remains an influential force in the film industry even today. His personal world records and net worth make him a legendary name for generations to come.
Frequently Asked Questions
1. Where was Mike Medavoy born?
He was born in January 1941 in Shanghai, China. His parents were originally from Russia and of Jewish descent.
2. What major films is Medavoy associated with?
Some of his most acclaimed and commercially successful films include Rocky, Terminator, Platoon, Philadelphia, Amadeus, One Flew Over the Cuckoo’s Nest, Apocalypse Now, Annie Hall and Black Swan.
3. How many Oscar wins has Mike Medavoy been involved in?
The films that producer Mike Medavoy has worked on have received over 35 Academy Award nominations and have won at least 15 Oscars over his illustrious career.
4. Which studio or production company did Mike co-found?
In 1998 Medavoy co-founded Phoenix Pictures which went on to produce several hit films like Shutter Island, Zodiac and Black Swan. He serves as chairman and CEO.
No, Medavoy himself does not appear to use personal social media accounts. Publicity for his work is handled through the Phoenix Pictures company accounts.
6. What is Mike Medavoy’s estimated net worth?
His net worth is estimated to be around $6 million currently. This is from his executive salaries and producer fees over decades in Hollywood as well as profits from the films he has helped create.
7. Is Mike Medavoy still actively working in Hollywood?
Yes, even in his 80s now Medavoy continues his filmmaking involvement through Phoenix Pictures where he takes on producer credits. He also serves in various advisory and board member roles related to film/entertainment.
