WEB DESK: James Cameron, a well-known Hollywood director, has officially become a billionaire.
It is reported that now the net worth of the director is more than a billion dollars. His huge wealth is virtually due to his blockbuster film income.
This is a rare privilege of filmmakers, and Cameron is one of them.
The director has accumulated wealth as a result of savvy back-end deals. These contracts brought him part of the huge worldwide income of his movies.
Both Titanic and Avatar made him an infamous huge bonus earner. Titanic broke all records in 1997.
Then, in 2009, Avatar was able to make new financial heights. His second sequel, Avatar: The Way of Water, contributed to his wealth.
His key movies have earned close to 9 billion in the global market.
Cameron, 71, still has plans to make a successful career in his projects. Moreover, even more money is anticipated in the next Avatar movie.
Analysts estimate that this discharge will contribute to his fortune another massive amount of money.
Deep-sea explorations like the Mariana Trench have also been done by the director. This is a new milestone that places him among the richest in Hollywood.
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