What Is Joel Coen's Net Worth?
Joel Coen is an esteemed American director, writer, and producer known for his contribution to the film industry. He has an impressive net worth of $100 million, a combined fortune with his wife, the talented actress Frances McDormand. Joel Coen, along with his brother Ethan Coen, forms the iconic filmmaking duo the Coen brothers. Their collaboration has resulted in numerous masterpieces that have left an indelible mark on cinema.
Early Life
Joel Coen was born on November 29, 1954, in St. Louis Park, Minnesota, a suburb of Minneapolis. He is the son of Rena and Edward Coen. His mother was an art historian at St. Cloud State University, while his father served as a professor of economics at the University of Minnesota. Growing up with his older sister, Deborah, and younger brother, Ethan, Joel developed a passion for film early on, inspired by Italian films and comedies he watched with his brother. Using money saved from mowing lawns, Joel purchased a Super 8 camera and began making films with Ethan, casting their friends in various roles.
Joel attended St. Louis Park High School, graduating in 1973. He then pursued higher education at Bard College at Simon's Rock and later, the film program at New York University. In 1979, he briefly attended the University of Texas at Austin but left after nine months.
Career
Joel's career began with him working as a production assistant on industrial films and music videos. He honed his skills as a film editor and co-edited Sam Raimi's "The Evil Dead" in 1981. Soon after, Joel and Ethan ventured into creating their own movies. Their debut film, "Blood Simple," released in 1984, marked the beginning of a series of successful projects.
The Coen brothers followed "Blood Simple" with "Crimewave" (1985), "Raising Arizona" (1987), and "Miller's Crossing" (1990). In 1991, "Barton Fink" won the Palme d'Or and several other awards at the Cannes Film Festival, establishing the Coen brothers as cinematic innovators. Their 1994 film, "The Hudsucker Proxy," despite its star-studded cast, failed commercially. However, they rebounded with the critically acclaimed "Fargo" (1996), winning an Academy Award for Best Original Screenplay.
In 1998, the Coen brothers released "The Big Lebowski," which, despite mixed reviews at the time, has become a cult classic. This was followed by "O Brother, Where Art Thou?" (2000), "Intolerable Cruelty" (2003), and "The Ladykillers" (2004). The brothers achieved significant success with "No Country for Old Men" (2007), which won multiple Oscars, including Best Picture.
Continuing their streak, the Coens released "Burn After Reading" (2008), "A Serious Man" (2009), and "True Grit" (2010). "Inside Llewyn Davis" (2013) won the Grand Prix at the Cannes Film Festival. In television, they executive-produced "Fargo," based on their 1996 film. Their subsequent projects included "Bridge of Spies" (2015), "Hail, Caesar!" (2015), and "The Ballad of Buster Scruggs" (2018).
In 2019, Joel directed an adaptation of "Macbeth," titled "The Tragedy of Macbeth," marking his first solo directorial venture.
Personal Life
Joel's personal life has seen two marriages. In 1979, he married a woman and moved to Austin, Texas, to pursue film studies while she studied linguistics. Their marriage lasted only nine months. In 1984, Joel married Frances McDormand. In 1995, the couple adopted a son, Pedro McDormand Coen, from Paraguay. The family resides in Marin County, California.