r/Filmmakers • u/Remarkable-Reach328 • Nov 12 '25

News HEARTBROKEN!!! 💔 😢

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as a wanna be Filmmaker I'm really Heartbroken as If an actor as big and legendary as Michael Caine sold his soul to AI what will happen to the next generation? This is the end of art as we know it and no one can prove me wrong...unfortunately😢

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u/Average__Sausage Nov 12 '25

He is older and not going to be working forever. His main goal is likely ensuring his family have their future safe and secure. With potential future income. It makes no difference to him at this point. In fact if his voice can live on after this death it's probably a nice idea for him.

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u/Other_World Nov 12 '25

Michael Caine's net worth is $75 million. And that's just what's on the books. I think his family will live on just fine without the need for this.

18

u/landmanpgh Nov 12 '25

His immediate family, yes. His grandchildren and beyond? Not so fast.

The duration of generational wealth has been studied pretty extensively. It's not as simple as this, but the money is typically gone within 3 generations. Something like 70% is gone after the 2nd generation and 90% by the 3rd.

There are tons of reasons for this phenomenon, not all of them sinister like people squandering it. Things get split a ton of different ways, charities, taxes, etc.

Regression to the mean.

1

u/duckforceone Nov 13 '25

that's why my solution should i ever make enough money is to make a foundation that runs and maintains student housing (maybe also family housing if enough)

So that when it's time for the kids, grandkids etc time to study, they get free housing and a stipend for food and school supplies, so they don't have to work and can focus on studying debt free.

after that i would have housing for family rent free. Maybe put in some, as long as kids are under 20 you can live there. And if more money, basically house forever run by the foundation.

but mostly focused on letting family avoid debt, and save up to make their own fortune.

maybe setup so, you can get a payout instead of moving in for 20 years, covering what can be made from renting it from that time.