Name: Robert De Niro running low on cash due to cost of nasty divorce, coronavirus pandemic: lawyer
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Robert De Niro running low on cash due to cost of nasty divorce, coronavirus pandemic: lawyer

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AdvertisementBy New York Daily NewsApr 16, 2021 at 1:12 pmRobert De Niro says he’s running out of dinero due to his nasty divorce during the coronavirus pandemic.A Manhattan Supreme Court justice recently ruled that the “Taxi Driver” star’s ex-wife will receive $1 million annually and the former couple will sell a $20 million residence, a hearing revealed Friday. AdvertisementBut just when De Niro’s ex, Grace Hightower, will move out of the home is uncertain due to ongoing disputes about spending. The legendary actor, who Hightower says is worth $500 million, is actually running out of money due to the pandemic’s impact on Hollywood, his attorney Caroline Krauss said.Hightower’s lifestyle exacerbates the problem, Krauss argued.Advertisement“Mr. De Niro is 77 years old. And while he loves his craft, he should not be forced to work at this prodigious pace because he has to,” Krauss said.“When does that stop? When does he get the opportunity to not maybe take every project that comes along? Or not work six-day weeks, 12-hour days, simply to keep up with Ms. Hightower’s thirst for Stella McCartney?”The location of the marital residence that will be sold was not disclosed, but De Niro is known to have a home in Tribeca. The actor has been splitting his time mainly between an upstate estate near New Paltz and a rental apartment in Manhattan, the hearing revealed. He will pay for a new home for Hightower valued at $6 million, whenever she moves out.Income from De Niro’s next two movies will go toward paying an $18.25 million income tax bill for 2018-19, Krauss added.“There’s nothing ordinary about these expenses for 99.99999% of the world. These are extraordinary to an almost unimaginable degree,” Justice Matthew Cooper said in a moment of clarity.“I want to get these parties divorced. I want to get Mr. De Niro and Ms. Hightower to go their separate ways. They’re both going to come out of this richer than most human beings who walk this earth. There’s no question about it.”The “Raging Bull” star and Hightower, 66, have been locked in divorce court since December 2018. First, they feuded over custody of their 9-year-old daughter, who they had through a surrogate. They also have a 23-year-old son.Now, they’re battling over the terms of a prenuptial agreement.AdvertisementAs has been the case in previous hearings, the attorneys revealed stunning figures about the estranged couple’s lifestyle. Hightower’s average monthly spending during happier times was $215,000 a month on credit cards and $160,000 cash.Hightower’s attorney Kevin McDonough challenged De Niro’s claims of poverty.De Niro earned $5 million for acting in Martin Scorsese’s hit gangster flick, “The Irishman. He also received “tens of millions of dollars” through a federal coronavirus relief program, McDonough said. The actor spent $450,000 on a summer rental in Amagansett in 2019, $150,000 on a Thanksgiving vacation and $1 million on his adult children in 2019 and 2020, according to McDonough. As it happensGet updates on the coronavirus pandemic and other news as it happens with our free breaking news email alerts. &gt; “When Mr. De Niro goes to brunch on Sunday in Connecticut, he charters a helicopter and flies up there. When he flies down to see a friend in Florida or wherever else, it’s a private jet. Even if you flew first class at $1,500, that’s not good enough for Mr. De Niro — he spends $50,000 for a private jet for the weekend.”Krauss countered that Hightower “dramatically” increased her spending in the final years of the marriage.Advertisement“She spent $1.2 million at high-end boutiques: Dolce and Gabbana, Stella McCartney, the Madison Etro store. Manolo Blahnik. The list goes on and on,” Krauss said.Hightower also binged on bling, spending $1.2 million on a single diamond from the jeweler Kwiat, as well as an additional $700,000 on other jewelry, according to Krauss.“(De Niro) told her it was ridiculously over the top and she absolutely did not have permission to spend that kind of money,” Krauss said.Cooper noted that both Hightower and De Niro seemed to live high on the hog.“Didn’t Ms. Hightower come to me saying she needs some extraordinary amount of money for a weekend in the Bahamas — $350,000 for the week? These people spend lots of money. That’s always been the style. But the question is how much money is coming in?” Advertisement

AdvertisementBy New York Daily NewsApr 16, 2021 at 1:12 pmRobert De Niro says he’s running out of dinero due to his nasty divorce during the coronavirus pandemic.A Manhattan Supreme Court justice recently ruled that the “Taxi Driver” star’s ex-wife will receive $1 million annually and the former couple will sell a $20 million residence, a hearing revealed Friday. AdvertisementBut just when De Niro’s ex, Grace Hightower, will move out of the home is uncertain due to ongoing disputes about spending. The legendary actor, who Hightower says is worth $500 million, is actually running out of...

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Robert De Niro running low on cash due to cost of nasty divorce, coronavirus pandemic: lawyer

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