Harvey Weinstein Net Worth: What was former Hollywood producer Harvey Weinstein's highest net worth?

Harvey Weinstein is the perfect example of the twists and turns that life can take, especially in Hollywood. The former producer and convicted rapist was once one of the most powerful persons in the film industry, but today he is almost certain to spend the rest of his days in prison.

Weinstein once owned the successful production companies Miramax and The Weinstein Company. With the former, Weinstein produced critical hits such as Shakespeare in Love, Pulp Fiction, The English Patient, and Good Will Hunting, as well as several Broadway hits.

With The Weinstein Company, Harvey and his brother Bob produced box office hits such as The Imitation Game, The Butler, Inglorious Basterds, Silver Lining Playbook, and Django Unchained.

His success as a producer and an impressive real estate portfolio gave Weinstein a net worth valued between $300 and $250 million. However, after the sexual abuse allegations against him, his fortune quickly dwindled, and today is valued at just $25 million.

The lawsuits and the sale of his assets

The rape allegations against him by a large number of actresses-including A-listers such as Kate Beckinsale, Cate Blanchett, and Ashley Judd-reached a climax when he reached an agreement with the victims to pay a settlement of $44 million.

The agreement was eventually reduced to $30 million, of which $16 million would go to the victims and the rest to pay his lawyers. The settlement was paid by the businessman's insurers, but the real blow was the bankruptcy of The Weinstein Company, which represented the bulk of Weinstein's net worth.

To make matters worse, Weinstein had to sell much of his property to pay for his expensive legal defense. According to multiple sources, the disgraced mogul dumped $62 million worth of real estate in the months leading up to his trial.

The sales include a New York townhouse for $25.6 million, a $6.1 million Tribeca commercial condo, a $1.8 million Los Angeles home, and his primary residence in Westport, Connecticut, which sold for $16 million.

His divorce settlements

In 2004, Weinstein divorced his first wife, Eve Chilton, the mother of three of his five children. The divorce settlement cost Weinstein millions and a hefty sum in spousal support. In 2020, following his rape conviction, his second wife, Georgina Chapman, filed for divorce and won a $20 million settlement.

During his trial in 2018, Weinstein asked a court to temporarily suspend child support payments to Chilton because he no longer had the money to pay the settlement. The judge granted the stay, but by then, the former producer already owed $5 million in alimony and child support.

Following the highly publicized trials, Weinstein was sentenced to 23 years in prison by a judge in New York and another 16 years after a trial in Los Angeles. Although the New York conviction was overturned and a judge ordered a retrial, Weinstein's star was extinguished forever, and his reputation as Hollywood's King Midas was permanently ruined.