{"id":272680,"date":"2025-11-09T06:28:10","date_gmt":"2025-11-09T06:28:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/272680\/"},"modified":"2025-11-09T06:28:10","modified_gmt":"2025-11-09T06:28:10","slug":"francis-ford-coppola-sells-belize-island-after-megalopolis-financial-loss","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/272680\/","title":{"rendered":"Francis Ford Coppola Sells Belize Island After Megalopolis Financial Loss"},"content":{"rendered":"

\n\tAfter losing millions of dollars from his passion project, Megalopolis<\/a>, he had to sell another one of his objects.<\/p>\n

\n\tThis time, it\u2019s a private island in Belize that Coppola, 85, frequently vacationed. The area, called Coral Caye, consists of 2.5 acres, is eight miles long, is a 25-minute boat ride from the mainland, and is self-sufficient with water tanks and solar panels. For the last nine years, the Godfather director has leased it, however, it sold for $1.8 million.<\/p>\n

\n\t\u201cMr. Coppola was very sad to see his lease come to an end,\u201d Corcoran Group\u2019s Peter\u00a0McLean told Mansion Global<\/a>. \u201cHe treasured his time on this island paradise and it was a special place for him.\u201d<\/p>\n

\n\tThis comes after the Oscar winner spent $120 million of his own money<\/a> to make Megalopolis, which bombed at the box office, grossing $14.4 million worldwide. The picture starred Adam Driver, Shia LaBeouf, Aubrey Plaza, Nathalie Emmanuel and Jon Voight.<\/p>\n

\n\tWhile debuting the movie at the 2024 Cannes Film Festival, the filmmaker spoke about the expensive production<\/a>. \u201cMy children, without exception, have wonderful careers without a fortune. We are fine. It doesn\u2019t matter,\u201d Coppola said. \u201cAll of you here: The money doesn\u2019t matter. What is important are the friends. A friend will never let you down. The money may evaporate.\u201d<\/p>\n

\n\tHowever, when he appeared on an episode of the Tetragrammaton podcast<\/a> in March, Coppola revealed he\u2019s broke. \u201cI don\u2019t have any money because I invested all the money that I borrowed to make Megalopolis,\u201d he said. \u201cIt\u2019s basically gone. I think it\u2019ll come back over 15 or 20 years, but I don\u2019t have it now.\u201d<\/p>\n

\n\tPreviously, the Apocalypse Now director also had to sell his one-of-a-kind F.P. Journe watch, which was worth at least\u00a0$1 million, to help with his financial loss<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"After losing millions of dollars from his passion project, Megalopolis, he had to sell another one of his…\n","protected":false},"author":2,"featured_media":272681,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[32],"tags":[64,63,447,134,20904,20906],"class_list":["post-272680","post","type-post","status-publish","format-standard","has-post-thumbnail","category-celebrities","tag-au","tag-australia","tag-celebrities","tag-entertainment","tag-francis-ford-coppola","tag-megalopolis"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/272680","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=272680"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/272680\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/272681"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=272680"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=272680"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=272680"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}