Francis Ford Coppola Sells Luxury Watches After Megalopolis Flops

Francis Ford Coppola, the acclaimed director known for his bold artistic vision, is facing financial difficulties after investing $120 million of his own money into his latest film, Megalopolis, which only earned about $14 million globally. Despite the film receiving mixed reviews, Coppola remains proud and views it as an artistic success, much like his earlier work Apocalypse Now, which initially caused him debt but later became financially successful. To manage his current financial strain, Coppola is auctioning seven luxury watches from his personal collection, including a unique F.P. Journe FFC Prototype watch he co-designed, which is expected to fetch over $1 million at a December auction in New York. This watch, inspired by a conversation with watchmaker François-Paul Journe, features a gloved mechanical hand to indicate time, making it a one-of-a-kind timepiece with significant provenance and collector appeal. Coppola's decision to sell these prized possessions reflects his ongoing commitment to his art, even at personal financial cost, reminiscent of his pattern of self-financing his ambitious projects. The auctions and his previous asset sales, such as wineries, underscore his efforts to keep his filmmaking endeavors afloat.