Al Pacino Reveals $50 Million Financial Loss

Al Pacino reveals in his memoir 'Sonny Boy' that financial mismanagement and a corrupt accountant led to severe financial struggles, ultimately leaving him broke despite earning millions from his illustrious acting career. Pacino admitted his lack of financial acumen, which combined with an accountant's Ponzi scheme, resulted in the loss of $50 million, forcing him to take roles for financial reasons, such as in 'The Godfather: Part III' and 'Jack and Jill.' He explained that these roles were necessary to sustain his lifestyle and support his family after realizing he had no money despite owning properties. The memoir also recounts the challenges Pacino faced early in his career, including nearly losing his iconic role in 'The Godfather' due to initial performance concerns from the studio, which director Francis Ford Coppola helped alleviate. Pacino's candid reflections highlight the complexities of fame, financial management, and personal growth throughout his career.