Francis Ford Coppola Forced to Sell His Custom $1 Million Watch After ‘Megalopolis’ Debacle
The one-of-a-kind F.P. Journe watch will be on display in New York before its sale in December. The director spent $120 million of his own money on the film, which grossed just $14.4 million.
www.hollywoodreporter.com
Megalopolis was a total disaster in the theatre's, grossing less than $15 million despite heavy marketing and now the fallout is hitting Francis Coppola hard. The film was his passion project for which he sold most of his assets to fund. He apparently spent over $120 million of his own money on the film, most of which he never got back as the film became one of the biggest flops of 2024.
Coppola is now struggling financially and has since put up his collection of watches for auction. His story reads similar to that of Kevin Costner whose $100 million passion project is proving to be a financial disaster. Coppola already said he had no problem dying broke if it meant he made a beautiful thing.
From the reviews, Megalopolis isn't the worst of films, but it clearly wasn't good enough. Is it time for these stars to re-evaluate their passion projects before making huge gambles?
