Bilbo Bags A Billion: ‘Lord Of The Rings’ Director Peter Jackson Is Officially A Billionaire

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Bilbo Bags A Billion: ‘Lord Of The Rings’ Director Peter Jackson Is Officially A Billionaire
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Oscar-winning director is now officially a billionaire

Weta brought Gollum, pictured here as a model with director Peter Jackson, to life through a combination of motion capture and visual effects software.director Peter Jackson’s foray into visual effects through his shop Weta Digital has paid off big time. The New Zealand-based firm, which he cofounded to provide effects for, grew into a Hollywood powerhouse, providing computer-generated imagery for everything fromOn Tuesday, Weta announced that a chunk its assets were being sold for $1.

that Jackson made $10 million up front for each of the threefilms film, with at least another 10% of profits earned from each film’s box office receipts. The trilogy was a smash success, nabbing 17 Oscars and total gross worldwide box office revenue of nearly $3 billion. , gave Jackson an even bigger payday; likely $20 million per film with 20% backend, according to reports at the time.

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