Net Worth: $5.8 billion

LAST YEAR: $5.5 billion*
CHANGE: 5.80%
AGE: 77
RESIDENCE: Pacific Palisades
SOURCE OF WEALTH: Entertainment

Spielberg remains Hollywood’s busiest director, despite nearing 80 years of age. The Cincinnati-born filmmaker notably applied to the University of Southern California’s prestigious film school but was rejected. Instead, Spielberg enrolled at Cal State Long Beach and began working at Universal Studios as an apprentice. He later presented the studio with a 26-minute short for theatrical release on request, and that led to a seven-year directing contract, making him the youngest director to take such a deal. Most recently he has served as an executive producer on several series and Lee Isaac Chung’s film “Twisters.” Spielberg resides at his $97 million Pacific Palisades mansion, where he continues to collect royalties for ticket sales at Universal Studios. The movie magnate takes 2% of ticket sales, which were on the rise for Universal as of the second quarter of 2024.

Education: California State University, Long Beach.

Started: Founder of the USC Shoah Foundation Institute.

Funding: Investor in Dreamscape Immersive, a Culver City-based VR startup.

*Spielberg’s net worth for 2023 has been recalculated.