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What was Steve Bing’s net worth?

STEVE Bing was a film producer, businessman and screenwriter. He is Elizabeth Hurley’s ex-husband.

He died at around 1pm local time on Monday, June 22, having fallen from the 27th floor of his apartment in Los Angeles.

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Steve Bing at the La Bete Nightclub Opening at Wynn, Las Vegas[/caption]

What was Steve Bing’s net worth?

Mr Bing’s net worth at the time of his death was $590million.

He rose to fame when he inherited $600million from his grandfather when he was only 18 and did well through his film producing career.

His grandfather was a real estate mogul who built luxury apartments in New York City during the 1920’s and divided his money equally among his sons.

His dad was a doctor who served in the Johnson White House as a public servant. His mum was a nurse.

How did he make his money?

Asside from his inheritance, Mr Bing had an Ivy League education but dropped out of Stanford in his first year and headed for Hollywood.

Bing is also the founder of Shangri-La Entertainment, which focuses on property, construction, entertainment and music.

Its latest credit is 2017’s Kingsman: The Golden Circle.

While continuing his family business, he made his name as a writer and producer.

What did Bing do in Hollywood?

His first work was a sitcom – “Missing in Action”, which he wrote in high school at Westlake Private School. It went on to star Chuck Norris and had a sequel.

He got his first big-screen break in 2000 when he produced Get Carter, starring Sylvester Stalone.

His major writing debut was for the screenplay and story of Kangaroo Jack, 2003, which made around $89million but didn’t get the best reviews.

Reuters

Seen here in 2001 with his ex-wife Elizabeth Hurley[/caption]

However, the film that really made his name was The Polar Express, a 2004 animated Christmas hit that starred Tom Hanks.

He made an $80million investment in the film, which took in $313.5million worldwide.

Bing wrote screenplays throughout his life. His other credits include 1994’s Every Breathe and one episode of Married… with Children.


He also produced Night at the Golden Eagle, Rock the Kasbah, Rules Don’t Apply and most recently, St. Sebastian.

He was currently filming an Untitled Jerry Lee Lewis Documentary.

Bing also financed films like Robert Zemeckis’ Beowulf and Martin Scorsese’s Shine A Light.

 

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